I am answering based on the visibility of the image. Since it is bit blurry kindly ignore typing error , if any
Return on investment = contribution/operating assets
Center 1.
$1002000/5014000 = 20.02%
Center 2
$2177010/ $8063000. = 27%
Center 3.
$3628800/ $12096000. = 30%
Weypandt, Managerial Accounting Be 002,800 2,377010 3,628,800 verage oerating assets .014,000 .063,000 12,096,000
The value chain is a managerial accounting tool that primarily assists in the valuation of assets. True or False
Which of the following is a difference between managerial and financial accounting? A. Managerial accounting reports non-monetary information whereas financial accounting reports both monetary and non-monetary information. B. Managerial accounting prepares reports monthly whereas financial accounting prepares reports annually. C. Managerial information is confidential whereas financial accounting information is publicly available. D. Managerial accounting is used by government authorities whereas financial accounting is used by stockholders.
For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $1,946,000 $4,012,000 $3,903,000 Controllable margin 1,002,800 2,177,010 3,628,800 Average operating assets 5,014,000 8,063,000 12,096,000 Compute the return on investment (ROI) for each center.
Define Managerial Accounting and explain the difference between Financial and Managerial Accounting. PLEASE BE VERY DETAILED :)
WEEK 4: MANAGERIAL ACCOUNTING Both financial and managerial accounting are important to a company’s success. Which do you think is more important and why?
Which of the following statements about managerial accounting is false? Managerial accounting is based on reliable, historical information, while financial accounting is based on relevant, forward-looking information External auditors are used to verify the reliability of financial information to the investing public o The Chief Financial Officer is responsible for managing financial risk within an organization, and both the Treasurer and the Controller typically report up to the CFO. Managerial accounting is focused on reporting the results of segments within...
Which of the following statements best describes managerial accounting? A. Managerial accounting focuses on outside investors and lenders. B. Managerial accounting focuses on information for internal decision making. C. Managerial accounting provides information for the public. D. Managerial accounting provides information for taxing authorities.
Different between financial accounting and managerial accounting.
Connect TB MC Qu. 01-77 Managerial accounting is different from... Managerial accounting is different from financial accounting in that Marge accounting THMINENCE
Managerial accounting reports are