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Managerial Accounting

Hi, I am studying Managerial Accounting as a part of my MBA, I have this question  

Distinguish between job costing and process costing. Describe the difficulties associated with each type. What can companies do in order to price products competitively and avoid some of these difficulties?

 
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a market database for your company.

create a market database for your company. You will need to find at least 10 competitors in the country market that you will operate your business. Remember to search for competitors using SIC, NAICS, or SITC codes to ensure that you have direct competitors.

You will then identify 15 factors to collect data. Decide on factors that will allow you to gain a competitive view of the market and help you determine your strategy in the marketplace. You should consider both primary and secondary sources for gathering the information. Do not forget that government websites can provide some information that can assist you. Be sure to identify the source of the information on the worksheet.

Finally, write a one-page assessment of what you have gained from the data collected that will assist you in creating an entrepreneurial venture in the chosen country.

 
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managerial accounting

Hi, I have a test at my managerial accounting and I need your help with  the following two questions 

Question 1:-

In an efficient capital market, the appropriate investment strategy is risk control, ________ and ________.?

A.low diversification; high turnover of securities B.high diversification; low turnover of securities C.low diversification; low turnover of securities D.high diversification; high turnover of securities

Question 2:

Monkile Company had retained earnings of $109,000 and total stockholders’ equity of $ 110,000 at the beginning of 20X1. During 20X1 the company had net income of $29,000, declared and paid cash dividends of $14,000, and had other comprehensive income of $19,000. Monkile Company neither issued nor bought back shares in 20X1.

Requirement


Compute the retained earnings and total stockholders’ equity at the end of 20X1.?Compute the stockholders’ equity at the end of 20X1?
 
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managerial accounting

Hi, I have a test at my managerial accounting and I have the following questions 

12- ________ summarizes the results of the basic operating activities of a company.

A.Operating income                                                                                B.Net profit C.Gross margin                                                                                        D.Gross profit

13-“It is better to recognize goodwill than to write up assets to their fair-market values.” Do you agree? Why?

A. Yes. It is always better to recognize goodwill than to write up assets to their fair-market values because recording goodwill rather than increasing the values of individual assets will increase future depreciation. B. No. Rules require that assets in a consolidated statement reflect the fair-market value at the time of the acquisition. Companies may favor recording differences between book values and the price paid for an acquisition as goodwill but this is only acceptable if the parent company owns less than 50% of the subsidiary. C. No. Rules require that assets in a consolidated statement be recorded at the lower of book or market value at the time of the acquisition. This is only if the parent company owns less than 20% of the subsidiary. D. No. Rules require that assets in a consolidated statement reflect the fair-market value at the time of the acquisition. Companies may favor recording differences between book values and the price paid for an acquisition as goodwill because recording goodwill rather than increasing the values of individual assets avoids the added depreciation charges incurred on the individual assets.14- The section of the annual report that explains major changes in the income statement, changes in liquidity and capital resources and the impact of inflation is called the ________.

A. appendix to the financial statements B. internal control report C. management’s discussion and analysis D. notes to the financial statements15- In an efficient capital market, the appropriate investment strategy is risk control, ________ and ________.A. low diversification; high turnover of securities B. high diversification; low turnover of securities C. low diversification; low turnover of securities D. high diversification; high turnover of securities

 
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