Answer:
Explanation:
Bal as per cash book. $12,326
Add:
outstanding chq. $1,225
Overstated expenses. $27
Unknown credit. $566
Less:
Uncredited cash. $780
Direct debit. $449
Bank charges $23
Bank charge. $74
Bal in bank statement. $12,818
Answer:
A is not Managerial accounting the correct answer is Financial accounting
Answer:
Stock out costs increase
Carrying costs decrease
Explanation:
Just in time (JIT) decreases total inventory and increases the number of deliveries made by the company's vendors.
Since the company is going to hold fewer materials and components, then the risk of an stock out increases, resulting in higher stock out costs.
The total inventory will decrease, therefore, the carrying costs will also decrease.
Answer:
B. False
Explanation:
Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).
Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.
Return on investment can be used to determine
1. Profitability of a stock investment,
2. Profitability of the purchase of a business investment
3. Profitability of a real estate business
ROI = Net return / cost of investment × 100
Net return= Final value of investment - initial value of the investment