Both financial accounting and managerial accounting play crucial roles in a company's success, and their contributions are intertwined.
Financial accounting provides critical information for external stakeholders, such as investors, creditors, and regulators. It ensures accurate and transparent financial reporting, compliance with accounting standards, and the provision of reliable financial statements. This information helps stakeholders make informed decisions, assess the company's financial health, and evaluate its performance.
On the other hand, managerial accounting focuses on providing internal decision-making support to managers. It involves analyzing costs, budgeting, performance evaluation, and strategic planning. Managerial accounting helps managers make informed decisions, optimize resource allocation, identify opportunities for cost reduction or revenue enhancement, and drive operational efficiency.
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the motor city miracle playoff game took place on january 8, 2000, when the tennessee titans returned a kickoff for a touchdown with 16 seconds left. what team did the titans beat in that game?
In January 8, 2000, the Motor City Miracle Playoff game took place that saw the Tennessee Titans play the Buffalo Bills.
The Motor City Miracle Playoff game:
Was played between the Buffalo Bills and the Tennessee Titans Ended in victory for the Titans Saw the Titans win with 16 seconds to goIn this very intriguing game, the Buffalo Bills were well on their way to victory after they scored a field goal with 16 seconds to go. The Titans however, scored a touchdown in those mere seconds to win the game 22 - 16
In conclusion, the Tennessee Titans played the Buffalo Bills.
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Is it better to have your interest compounded annually, quarterly, or daily? Why?
(10 points: 5 for the correct answer, and 5 for the explanation)
Answer:
It would be better to have it daily so you can keep an everyday record.
Explanation:
Based on confidentiality regulations, written records must be: a. maintained in a secure location, such as a locked file room, cabinet, or safe. b. stored in an open location, accessible to all staff at the research site. c. accessible to study participants at all times.
Based on confidentiality regulations, written records must be a. maintained in a secure location, such as a locked file room, cabinet, or safe.
This is to ensure that only authorized personnel have access to the information and that it is protected from theft or unauthorized disclosure. Storing records in an open location accessible to all staff at the research site would be a violation of confidentiality regulations. Additionally, written records should not be accessible to study participants at all times, as this could compromise the privacy and confidentiality of the data. It is important to follow these regulations to protect the rights and privacy of research participants and maintain the integrity of the research data.
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One cost of starting your own business is
A. Loan payments on a small business loan
B. Escrow
C. Revenue
D. PMI
Answer:
A. Loan payments on a small business loan
Explanation:
One cost of starting your own business is loan payments on a small business loan.
A major cause of the ___ that broke in 1873 was the expansion of more factories, railroads, and mines than existing markets would bear.
A major cause of the panic that broke in 1873 was the expansion of more factories, railroads, and mines than existing markets would bear.
The expansion of these industries was fuelled by a wave of speculation and investment, but the problem was that there was limited demand for the goods and services they produced. As a result, many of these businesses went bankrupt, leading to a chain reaction of failures and layoffs.
This, in turn, caused a contraction of the money supply and credit, making it harder for businesses and consumers to borrow money and causing prices to fall.
The expansion of these industries also led to overproduction, which created a glut of goods in the market and further decreased prices. This made it difficult for businesses to sell their products and led to a decrease in profits, which contributed to the wave of bankruptcies and layoffs.
The panic of 1873 was a major turning point in US history and served as a cautionary tale about the dangers of unchecked expansion. It showed the importance of balancing economic growth with stability and the need for regulations to prevent such crises from happening again in the future.
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What impact did the hard-lockdown have on the perfect markets?
Answer:
impacts include they might lose buisness because lock downs made markets close down
they might also lose customers- (everyone is staying home, etc)
hope that helps bby<3
Given the following information for Mary's Taco Shop (TP, AP and MP are measured in tacos): Average Product Marginal Product Total Product (TP) 10 Labor (AP) (MP) 15 3 15 85 215 295 29 6 7 50 35 a) Fill in the blanks above. b) At which worker (labor) does Diminishing Returns start? answer. Please explain your c) If ea taco, and each worker is $50 per day then, assuming that labor is the only cost of production, how many workers should Mary hire in order to maximize profits? ch taco could be sold for $1 per
a) Average Product (AP) = Total Product (TP) / Labor (L) = 10 / 15 = 0.67
Marginal Product (MP) = (TP2-TP1) / (L2-L1) = (85-50) / (6-3) = 29
b) Diminishing Returns start when the marginal product of labor is less than the average product of labor. In this case, diminishing returns start at the third worker, when the marginal product of labor (29) is less than the average product of labor (0.67).
c) Mary should hire the number of workers that will maximize her profits, which is the number of workers that will give her the highest total product minus the total cost of the workers. In this case, Mary should hire 7 workers, since they will produce a total product of 295 tacos, which when sold at $1 each, will generate a total revenue of $295. The cost of the 7 workers will be 7 x $50 = $350, which when subtracted from the revenue gives a total profit of $295 - $350 = -$55. Adding any more workers will reduce Mary's profit.
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Which of the following statements accurately describes the balance sheet? Check all that apply.
-Allows assets to exceed liabilities plus equity if the company's stock price has grown rapidly
-Shows operating performance over a period of time
-Uses "current" to mean an account with an expected life of less than a year
-Shows operating performance on a specific date
The following statements accurately describes the balance sheet is: Uses "current" to mean an account with an expected life of less than a year and Shows operating performance on a specific date.
Uses "current" to mean an account with an expected life of less than a year and Shows operating performance on a specific date.The balance sheet is an essential financial statement that provides a snapshot of a company's financial position at a specific point in time. It enables investors and analysts to assess the company's financial health. The balance sheet uses "current" to mean an account with an expected life of less than a year and shows operating performance on a specific date.
The balance sheet is one of the financial statements that are used to evaluate the financial condition of a company. It shows the company's assets, liabilities, and equity at a particular point in time. It is an essential tool for investors, creditors, and analysts who need to assess the company's financial health.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
When you complain to your supervisor that the new company software is not working correctly, you are using downward communication
O True
O False
Because downward communication occurs when information and messages flow down through an organization's formal chain of command.
Hope it helps...Answer:
False
Explanation:
downward communication is the flow of information and messages from a higher level inside an organization to a lower one.
Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
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you recently purchased a car for $25,000. you were able to put $10,000 down upfront and finance the rest at a 0% interest rate. how much equity do your currently have on the vehicle?
Simply deduct the remaining sum owed to the credit provider from the car's current value to see how much equity you have in it. If you intend to keep your automobile at the end, you must include the final balloon payment in the total amount of loan owing.
car price = $25,000
Down payment= $10,000
= $15,000 is the equity do currently have on vehicle.
Define Equity Amount?The amount of money that a company's owner has invested in or owns is referred to as equity. The gap between a company's obligations and assets on its balance sheet indicates how much equity it has. The equity value is calculated using the share price or a value determined by valuation experts or investors. The phrase "equity" alludes to fairness and justice, as opposed to equality: Whereas equality implies delivering the same to everyone, equity is acknowledging that we do not all start from the same position and must acknowledge and correct inequities.
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Suppose General Electric payed its line workers $12 per hour
The relevant answers with regard to real wages are as follows:
A) $10.08
B) 10.89
C) 19.05. See explanation below.
What is the computation justifying the above results?[A]
Recall that Real Wages are computed as follows;
Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year
12 = (N/84) x 100
= 10.08
[B]
The formula for real wage still stands:
Hence,
12 x 1.08 = (N/84) x 100
= 10.89
One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.
[C]
It is to be noted that the real wage is pegged at $12 which is same from the prior year.
Hence, percentage increase = 0
But because $12 is Nominal in the incumbent year,
[(12 - 10.08)/10.08] x 100
= 92/10.08
= 19.05
What is real wages?Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.
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Full Question:
Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.
What sum of money will grow to $2443.96 in nine years at 7.8% compounded semi-annually? The sum of money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
We may use the compound interest calculation to get the amount that will increase to $2443.96 in nine years at a compound interest rate of 7.8% compounded semi-annually:
A = P(1 + r/n)nt
Where: A = the investment's future worth ($2443.96 in this case),
P stands for the primary (or initial payment).
r = the yearly interest rate (0.078 in decimal notation, or 7.8% annually).
(Semi-annually, thus 2) n is the number of compounding periods every year.
9 years are represented by the numeral t.
Let's figure out P.
2443.96 = P(1 + 0.078/2)^(2*9)
2443.96 = P(1.039)^18
P = 2443.96 / (1.039)^18
We calculate P to be $1221.82 (rounded to the nearest penny) using a calculator.
Consequently, the amount that will increase to $2443.96 in nine years at a 7.8% compounded growth rate
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what is 4+4x=8. What would x be???
The value of x that satisfies the equation 4+4x=8 is x = 1.
How to find the value xTo solve for x in the equation 4+4x=8, we need to isolate x on one side of the equation.
First, we can simplify the left side of the equation by combining the like terms:
4 + 4x = 8
4x = 8 - 4
4x = 4
Next, we can solve for x by dividing both sides of the equation by 4:
4x/4 = 4/4
x = 1
Therefore, the value of x that satisfies the equation 4+4x=8 is x = 1.
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which of the following shows in schematic form how a product is assembled?
The process flow diagram shows in schematic form how a product is assembled. The correct answer is D. Process flow diagram.
A process flow diagram is a schematic representation that illustrates the sequence of steps involved in assembling a product. It visually depicts the flow of materials, components, and information through the production process.
The diagram typically uses symbols and arrows to indicate the order of operations, decision points, and interactions between different stages of assembly. It helps stakeholders understand the overall structure and flow of the manufacturing process, enabling them to identify potential bottlenecks, optimize efficiency, and improve quality control.
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where is the us mixed economy on the economic spectrum
The US mixed economy is on the economic spectrum between a pure market economy and a pure command economy. In a mixed economy, the government and the market both play important roles in the economy.
The US mixed economy combines elements of both capitalism and socialism. The government regulates the economy through policies, taxes, and spending to ensure fair competition and protect consumers. It also provides certain goods and services, such as education, healthcare, and social security, to ensure that basic needs are met for all citizens.
At the same time, private individuals and businesses are free to make their own economic decisions and compete in the marketplace to earn profits. This combination of government regulation and market competition creates a mixed economy that seeks to balance the benefits of both capitalism and socialism.
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Please help I will mark you as brainliest!!
The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?
A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery
The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.
What is the manager?A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.
In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.
Therefore, option B is appropriate.
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What does it mean return processing has been delayed beyond the normal timeframe?
If return processing has been delayed beyond the normal timeframe, it means that the processing of a returned item or product is taking longer than it typically would under normal circumstances.
The delay could be due to a variety of reasons, such as an unusually high volume of returns, staffing shortages or delays, or technical issues with processing systems.
In general, the normal timeframe for return processing depends on the policies of the retailer or business that the item was purchased from. This timeframe is typically outlined in the retailer's return policy, and can vary depending on factors such as the type of product being returned and the reason for the return.
If return processing is delayed beyond the normal timeframe, it may result in frustration and inconvenience for the customer who is waiting for a refund or replacement. In some cases, the delay may also be indicative of broader issues within the retailer's operations or supply chain, such as inventory management or quality control problems.
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Jamal and keisha are considering entering into an agreement to trade tasks. how can specialization of labor benefit jamal and keisha? check all that apply. jamal can specialize in washing cars, because he has the comparative advantage. keisha can specialize in washing cars, because she has the comparative advantage. specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days. specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days. specialization allows them to earn more money.
The ways in which specialization of labor can benefit them would be: Keisha can specialize in washing cars because she has a comparative advantage.
What is Specialization of Labor?Specialization of Labor is a division of labor that involves breaking down activities into a simpler set of tasks so that each participant participates hand in hand and no individual is being overworked, and to promote efficiency.
From the given information, the correct options are:
Keisha can specialize in washing cars because she has a comparative advantage.Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.Specialization allows them to earn more money.Learn more about specialization here:
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Answer:
B C E
Explanation:
A student of mass of 65kg takes 10s to run up a flight of stairs of 40steps. lf each step is 12cm high,calculate the potential energy of the student at a maximum height. take gravity =10m/s2
Answer:
Eg=mgh
Eg=gravitational potential energy
m=mass (kg)
g=acceleration of gravity
h=height (m)
m=65kg
g=10m/s²
h=40·12=4.8m
Eg=65(10)(4.8)
Eg=3120J
In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
Which scenario is most likely to result when the Federal Reserve raises the reserve requirement?answer choicesMore money is required to be kept in banks to loan out to businesses, so they can invest in their companies.More money is required to be kept in the Federal Reserve banks, which increases the amount of money in circulation and stimulates the economyMore money is required to be kept in the Federal Reserve banks to make it available for loans to member banks in poor economic times.More money is required to be kept in bank reserves, and less is available to be loaned out to businesses to invest in the economy
When the Federal Reserve raises the reserve requirement, more money is required to be kept in bank reserves, and less is available to be loaned out to businesses to invest in the economy. (Option B)
What is the reserve requirement?The reserve requirement is the percentage of deposits that a bank must hold in reserve and not lend out. It is one of the tools that the Federal Reserve uses to manage the money supply and achieve its monetary policy objectives. When the Federal Reserve raises the reserve requirement, it requires banks to hold a larger percentage of their deposits in reserve, which means that there is less money available for banks to lend out to businesses and individuals.
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4. To promote diversity, companies actively seek and promote individuals in all of the following areas
except
1. educational levels.
2.ages
3. Races
4. National origins
Answer:
1.
Explanation:
Educational levels cannot be diversified depending on the position, many require a minimum level of education to properly conduct job functions.
When assets are purchased as a group, the total cost must be divided up and allocated to each asset in proportion to the market value of the assets as a whole.a. Trueb. False
(a) True.
When assets are purchased as a group, it is important to allocate the total cost among the individual assets based on their respective market values. This ensures that each asset's value is accurately reflected in the financial statements, allowing for better management and decision-making. The process typically involves the following steps:
1. Determine the total cost of the asset group.
2. Obtain the market values of each individual asset within the group.
3. Calculate the proportion of the total market value each asset represents by dividing its market value by the sum of all market values in the group.
4. Allocate the total cost to each asset by multiplying the calculated proportion in step 3 by the total cost.
By following these steps, you can accurately allocate the cost of a group of assets to each asset based on its market value.
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Answer:
why?
Explanation:
Answer:
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Explanation:
If an asset costs $140000 and is expected to have a $20000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $20000 each year, the cash payback period is:_____.
If an asset costs $140000 and is expected to have a $20000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $20000 each year, the cash payback period is 7 years.
To apply the coins payback technique, honestly divide the value of the capital improvement or funding with the aid of the brand new cash it's far expected to generate or store each year. This must give you a bring about years.
In simple terms, the payback length is calculated by using dividing the cost of the funding by way of the once-a-year coins going with the flow until the cumulative cash flow is effective, which is the payback year.
The payback period is expressed in years and fractions of years. for instance, if a corporation invests $300,000 in a new production line, and the manufacturing line then produces an advantageous cash drift of $ hundred,000 according to 12 months, then the payback length is three.zero years ($three hundred,000 preliminary investment ÷ $100,000 annual payback).
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When an ad says “best offer”, what does that mean?
A.The owner wants money than the car is worth
B.The owner may accept less money than the asking price
C.The owner wants no less than what the car is listed for
D.The owner has B.O. and is trying to get rid of the car
Answer:
B
Explanation:
the management wishes budget figures to exceed actual figures in operating expenses because more expenses are paid in actual terms than budgeted terms, and vice versa. group of answer choices true false
False , If more expenses are paid than budgeted expenses, then the actual figures will exceed budgeted figures in operating expenses. This is an unfavorable situation.
An expense is a price that organizations incur in going for walks in their operations. Prices encompass wages, salaries, maintenance, lease, and depreciation. Fees are deducted from revenue to arrive at profits. agencies are allowed to deduct sure charges from taxes to assist alleviate the tax burden and bulk up income.
Running charges include the fee of income, achievement, advertising, era and content, fashionable and administrative, and others. Non-operating expenses comprise interest rate (and earnings), and other expenses (profits).
For most corporations, the 5 finest fees are personnel, physical location, capital device, improvement fees, and a fee for goods bought.
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All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available
Answer:
D
Explanation:
customer must be sent a copy of the official statement, if available