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navik [9.2K]
2 years ago
5

An accounting information system (ais) processes ________ to provide users with ________. data; benefits data; information infor

mation; data data; transactions
Business
1 answer:
Nezavi [6.7K]2 years ago
8 0
Data goes in, information resources come out. Mostly used for financial decision making.
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Gulinson Corporation has two divisions: Division A and Division B. Data from the most recent month appear below: Total Company D
anzhelika [568]

Answer:

B

Explanation:

6 0
2 years ago
Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion
Evgesh-ka [11]

Answer:

$5,000

Explanation:

<em>Note that Lakeland Chemical manufactures uses weighted-average method of process costing</em>

Equivalent units

Materials  = 9,000

Conversion Costs = 7,500

Total Costs

Materials = $20,500

Conversion Costs = $15,000

Cost per equivalent units

Materials =

Conversion Costs =

Total Cost in remaining in work in process

Total Cost

The total costs remaining in work in process on May 31 are $5,000.

8 0
2 years ago
Mayan Company had net income of $33,480. The weighted-average common shares outstanding were 9,300. The company declared a $4,00
bearhunter [10]

 Answer:

EPS = $3.17

Explanation:

<em>Earnings per share(EPS) is the total earnings attributable to ordinary shareholders divided by the number of units of common stock. </em>

EPS= Earnings attributable to ordinary shareholders/number of ordinary shares

Earnings attributable to ordinary shareholders= Net income after tax - preference dividend  

Earnings attributable to ordinary shareholders = net income - preference divi dend

Earnings = 33,480 - 4000 = 29,480

EPS = 29,480/9,300 =3.169

EPS = $3.17

7 0
2 years ago
Kasravi Co. had net income for 2011 of $300,000. The average number of shares outstanding for the period was 200,000 shares. The
yuradex [85]

Answer:

$1.49 per share

Explanation:

The calculation of diluted earnings per share is given below:-

Diluted shares outstanding= $200,000 + 12,000 × ($36 - $30) ÷ 36

= $200,000 + 12,000 × 6 ÷ 36

= $200,000 + 2,000

= $202,000

Diluted earnings per share = Net income ÷ Diluted shares outstanding

= $300,000 ÷ $202,000

= $1.49 per share

Therefore for computing the diluted earnings per share we simply divide the net income by diluted shares outstanding.

5 0
2 years ago
In 1970 Professor Fellswoop earned $12,000; in 1980 he earned $24,000; and in 1990 he earned $36,000. If the CPI was 40 in 1970,
Arte-miy333 [17]

Answer:

In 1980

Explanation:

Year        Salary        Percentage Salary Increase        CPI Increase

1970       $12,000     -                                                      -

1980       $24,000    100                                                 50

1990       $36,000    50                                                   83.3

As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.

On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.

Therefore, the professor's salary was highest in 1980.

4 0
2 years ago
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