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Kipish [7]
1 year ago
6

Matthew is an accountant at Larson Enterprises. He frequently feels pressured to make unethical accounting decisions in order to

report a higher profit for the company. What situation is most likely to make him feel this way
Business
1 answer:
qwelly [4]1 year ago
6 0

Answer:

The Managing director wants him to reduce the production cost through the manipulation of figures. This is an unethical practice in Accounting.

Explanation:

The declaration of higher profit is a function of cost minimization. Since Mathew feels pressured to make unethical accounting decision, it implies that his CEO wants him to manipulate cost figures fraudulently so as to declare a higher profit figure.

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At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m
velikii [3]

Answer:

Cost per EUP Materials: $2,00

Cost per EUP Conversion: $4,50

Explanation:

                                              Materials                        Conversion

Beginning WIP Cost              $22,400                             $6,250

Cost added in the period   <u>$229,600                         $540,500</u>

Total Cost of the Units        $252,000                         $546,750

Equivalent Units of Production (EUP): Completed Units + Ending WIP Units

EUP Materials = 120,000 + 15,000 x 40% = 126,000

EUP Conversion = 120,000 + 15,000 x 10% = 121,500

Cost per Equivalent Unit: Cost of Units / EUP  

Cost per EUP Materials: $252,000 / 126,000 = $2,00

Cost per EUP Conversion: $546,750 / 121,500 = $4,50

5 0
1 year ago
Teams with high levels of ______ and ______ deal with task conflict better than those without these characteristics.A. extravers
ozzi

Teams with high levels of openness and emotional stability deal with task conflict better than those without these characteristics.

When you are able to be open about your feelings and keep them stable (emotional stability) dealing with conflict becomes easier. When you are emotionally stable, you are able to understand that emotions will arise during various activities and it's okay to experience different emotions as long as they don't derail you from what you need to accomplish.

6 0
1 year ago
Novak Corp. reported net income of $1.20 million in 2022. Depreciation for the year was $192,000, accounts receivable decreased
Kay [80]

Answer:

$1,476,000

Explanation:

According to the scenario, computation of the given data are as follows:-  

Statement of The Cash Flow 31 December,2022

Particular                               Amount        Total Amount

Net Income                                                  $1,200,000

Depreciation                                $192,000  

Accounts receivable Decrease   $420,000  

Accounts payable Decrease       ($336,000)  

                                                                 $276,000

Net cash provided by operating activities        $1,476,000

6 0
1 year ago
What allows consumers to receive goods and services in a non-price rationing system?
Tatiana [17]
Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.
6 0
1 year ago
The HIJ bond has a current price of $800, a maturity value of $1,000, and matures in 5 years. If interest is paid semi-annually
yKpoI14uk [10]

Answer:

Explanation:

The coupon rate is defined as the interest rate paid on a bond by its issuer for the term of the security.

Hence,

Par Value = $800

Face Value = $1,000

N = 5 x 2 = 10

Since the interest is semi annual

i = 8% / 2 = 4%

CF = $15.34

Coupon = $30.68 per year or 3.068%

8 0
2 years ago
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