(b) Explain how accountants know if they're measuring profitability and financial position "properly".
(b) Explain how accountants know if they're measuring profitability and financial position "properly".
Homework Answers
1) Measuring profitability and financial position by Accountants :-
Profitability is measured in terms net profit earned after all expenses and duties and taxes payments and payment to compulsory finance charges like interest, dividends.
Financial position measured in terms of Capital Employed, Fixed Assets, Current Assets, Liquid Assets value as on date, also loan secured by property, unsecured assets repayment systems.
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(b) Explain how accountants know if they're measuring
profitability and financial position "properly".
QUESTION 1 In class you learned that In order to measure profitability and financial position properly,...
QUESTION 1 In class you learned that In order to measure profitability and financial position properly, accruals and deferrals need to be accounted for. (a) Explain the difference between between profitability and financial position. (b) Explain how accountants know if they're measuring profitability and financial position "properly". (c) Differentiate between accruals and deferrals and provide specific examples of each. .
(a) Explain the difference between between profitability and financial position.
(a) Explain the difference between between profitability and financial position.
Cost accountants in the manufacturing plant is a a. Line position b. Staff position C. Line...
Cost accountants in the manufacturing plant is a a. Line position b. Staff position C. Line & Staff position d. Cannot say
Complete a Horizontal Analysis and provide information about the financial position and profitability of the company.
Complete a Horizontal Analysis and provide information about the financial position and profitability of the company.
Some individuals argue that accountants should focus on producing financial statements and leave the design and...
Some individuals argue that accountants should focus on producing financial statements and leave the design and production of managerial reports to information systems specialists. What are the advantages and disadvantages of following this advice? To what extent should accountants be involved in producing reports that include more than just financial measures of performance? Why? Post Yes, there are differences and different skills required for managerial and financial accountants, but that doesn’t mean there needs to be a position for each....
4-15 Name four popular ratios for measuring profitability, and indicate how to compute each of the...
4-15 Name four popular ratios for measuring profitability, and indicate how to compute each of the four.
Some individuals argue that accountants should focus on producing financial statements and leave the design and producti...
Some individuals argue that accountants should focus on producing financial statements and leave the design and production of managerial reports to information systems specialists. What are the advantages and disadvantages of following this advice? To what extent should accountants be involved in producing reports that include more than just financial measures of performance? Why? Post Some individuals argue that accountants should focus their efforts on producing financial statements and leave the design and production of managerial reports to information systems...
How do accountants and financial managers differ in their use of financial information? Why is cash...
How do accountants and financial managers differ in their use of financial information? Why is cash flow more significant to a financial manager than it is to an accountant?
How do accountants and financial managers differ in their use of financial information? Why is cash...
How do accountants and financial managers differ in their use of financial information? Why is cash flow more significant to a financial manager than it is to an accountant?
I know they're numbered seperately as 3 questions, but because they build on eachother, I didn't...
I know they're numbered seperately as 3 questions, but because
they build on eachother, I didn't know how else to seperate
it.
Pre-Lab Questions 1. List the alkyl halides 1-chlorobutane, 2-chlorobutane, 2- chloro-2methylpropane, in order or reactivity from most reactive to least reactive for: a. an Snl reaction. b. an S2 reaction. 2. Draw the mechanism for: a. an Sp1 reaction. b. an Sy2 reaction. 3. Using your mechanisms in question 2, fully explain your rankings in question 1.
Cost accountants in the manufacturing plant is a a. Line position b. Staff position C. Line & Staff position d. Cannot say
4-15 Name four popular ratios for measuring profitability, and indicate how to compute each of the four.
I know they're numbered seperately as 3 questions, but because
they build on eachother, I didn't know how else to seperate
it.
Pre-Lab Questions 1. List the alkyl halides 1-chlorobutane, 2-chlorobutane, 2- chloro-2methylpropane, in order or reactivity from most reactive to least reactive for: a. an Snl reaction. b. an S2 reaction. 2. Draw the mechanism for: a. an Sp1 reaction. b. an Sy2 reaction. 3. Using your mechanisms in question 2, fully explain your rankings in question 1.
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