Answer:
Financial and non-financial information for internal decision makers.
Explanation:
Managerial accounting is related to the information that is used for the management of the organization and its information is not widely used for external users. It is almost used by the internal decision makers. The information mostly relates to the effective running of its operations and control mechanism implications.
Answer:
170,146
Explanation:
$250,000 / (1.08)5= 170,146
Answer:
The total value created is $70
Explanation:
In this scenario, the total value created is the total monetary benefit of a consumer and a producer with respect to the sale of a product. It therefore, is the sum of the consumer surplus and producer surplus. It is calculated as follows:
Consumer surplus = consumer's willing price - market price = 130 - 100 = $30
Producer surplus = market price - producer's willing price = 100 - 60 = $40
Therefore, total value created = 40 + 30 = $70
Answer:
Present Value= $19,652.37
Explanation:
Giving the following information:
You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500 in two years. If you have an investment opportunity that guarantees 7% interest.
PV= FV/(1+i)^n
PV= 22,500/ (1.07^2)= $19,652.37
Answer:
The correct option will be a. Late Payment Fee
Explanation:
A late payment fee also know as late charge is a charged to a borrower who misses paying at the stipulated payment date based on the agreement. For you to avoid paying that fees, ensure that you pay at least the minimum amount by the due date. So among all fees stated, all are charges made by the bank, but the late charge fee is not included until u failed to make payment on time, while others are fixed charges put in place by the banks.
