Define the term ‘working capital’ and explain usefulness of working capital to an organisation.
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(a) Define the term ‘
(b) A business organisation has a working capital ratio of 3:1. Explain whether is an acceptable ratio and possible ways the ratio can be further improve.
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- The objective of Human resource accounting in the modern organizations is to____ a. Attract the employees b. All of the given options c. Attract the investors d. Asset valuationIndicate whether each of the following statements is true or false. 1. When designing an accounting system, you need to think about the needs and knowledge of both the top managers and various other users. TrueFalse 2. When the environment changes as a result of technological advances, increased competition, or government regulation, an accounting system does not have to be sufficiently flexible to meet the changes in order to save money. TrueFalse 3. In developing an accounting system, cost is relevant. The benefits obtained from the information disseminated must outweigh the cost of providing it. TrueFalseHi, can someone help me with this? I need to generate COGS, COGM AND OPERATING INCOME. Thank you.
- Give an example of accounting problem that uses Contribution margin ratio, For that problem, there should be 3 requirements or questions then write a short narrative of your analysis of the problem. Explain what theories/ concepts apply, how, and why. Then present the solution/computation. Write a short narrative explaining the meaning of the final answer - its implication to thefirm. Write a short recommendation/conclusion based on the analysis and solutions. You solved a current problem only. How can you provide for the future? What about contingencies that may arise? What proactive measures can you take?____ 1.Which of the following is a responsibility center that incurs expenses, generates revenues, and is responsible for generating a return on assets? a. Cost center b. Revenue center c. Profit center d. Investment center ____ 2.Which one of the following is the most useful measure for evaluating a manager's performance in controlling revenues and costs in a profit center? a. Contribution margin b. Contribution net income c. Contribution gross profit d. Controllable margin ____ 3.Hanover Corporation desires to earn target net income of $42,000. The selling price per unit is $18, unit variable cost is $5.60, and total fixed costs are $123,912. How many units must the company sell to earn its target net income? a. 13,380 b. 9,993 c. 3,387 d. 9,217 ____ 4.Remark…Which of the following is not a way an accounting system can generate motivation? 15 Multiple Cholce Ask The accounting system can provide Information to allocate revwards appropriately. The accounting system can help create and set goals through the bucgeting process. The accounting system can Introduce punitive measures for employees that do nột achleve goals. for example, limiting pay The accounting system can provide feedback and progress updates perlodicaly
- Indicate whether each of the following statements is true or false. 1. When designing an accounting system, we need to think about the needs and knowledge of both the top managers and various other users. 2. When the environment changes as a result of technological advances, increased competition, or government regulation, an accounting system does not have to be sufficiently flexible to meet the changes in order to save money. In developing an accounting system, cost is relevant. The benefits obtained from the information disseminated must outweigh the cost of providing it. 3. >You were not totally satisfied with the vertical analysis, so you now want torun a horizontal analysis of this company. Complete Table 4–6. Perform a horizontal analysis on these accounts. Compare the changes in accounts, anddescribe the changes that were beneficial or detrimental to this company inone sentence.If a system of equations contains a cost equation, and a revenue equation, the solution for the system represents the break even point. Think about other common business applications that can be explored using system of equations. Provide at least one business concept, and explain how it can be solved using systems of equations
- KA What is the value of triple bottom line reporting to users? What is the cost to the company to provide this extra information?11 Examine the following options which explain the objective of financial statements? a. They assist stakeholders to know operating performance, financial position, and cash flows of the entity b. They are useful in fixation of the price of the products c. They are prepared by using different methods for ascertainment of cost. d. They are prepared by using different techniques for control of cost. Clear my choice ◀︎ AnnouncementsOrganizations allocate capacity costs for A. estimating changes in capacity costs for long run decisions B. calculating income in accordance with GAAP C. influnecing the behavior of employees D. All of the above E. None of the above