User Account

All Pages

Explain the value of accounting

Assignment Help Financial Accounting
Reference no: EM132560194

Use of accounting, cost estimation, and Pricing

Assume/you are a manager of a company. The company is deciding on different issues in the day to day operation. Besides, there is a planned new project that will require ETB 7,500,000 capital investment to produce 80,000 units. The company (pretax) target rate of return on investment is 30% while the unit cost is ETB 1000. Answer the following questions;

Question a. How do you explain the value of accounting (management accounting and financial accounting) and finance in day to day operation and project evaluation?

Question b. To estimate the cost of the new project, what estimation method do you think is appropriate? /why?

Question c. What will be the sales price of the product using cost-plus pricing?

Reference no: EM132560194

Questions Cloud

Theories of popular culture : You will provide a detailed discussion of a theory of pop culture and provide a critical discussion of this theory.
How do monetary financial institutions create liquidity : How do monetary financial institutions create liquidity, pool risk, lower the cost of borrowing, and lower the cost of monitoring borrowers?
What are the list of the current liabilities and the amount : Identify the liabilities classified by Apple as current. In the financial statement provided, what are the list of the current liabilities and their amounts?
What is the level of equilibrium income : What is the level of equilibrium income? What about the level of consumption and import?
Explain the value of accounting : Explain the value of accounting (management accounting and financial accounting) and finance in day to day operation and project evaluation?
Evaluating trends in all of the above ratios : Write a 3-6 page report evaluating trends in all of the above ratios. Discuss whether your company's profitability, efficiency, liquidity, and solvency.
Show assist the audit team with the impact each matters : Assist the audit team with the impact each matters on the audit opinion that should be expressed on the 2020 annual financial statements for each client.
Describe the audit procedure that the audit team can perform : Describe the audit procedures that the audit team can perform to obtain sufficient evidence about the going concern of the company
What is the value of byrnco company bid in today dollars : If money is worth 5 % compounded semi-annually, what is the value of Byrnco company's bid in today's dollars? Which company has the lowest bid (Arcon or Byrnco)

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd