Viewpoint of a management accountant

Assignment Help Accounting Basics
Reference no: EM13156961

How do you account for financial losses in order to maintain quality customer service, for example, a restaurant that gives a free meal to an upset customer or a company that gives repeat customers a discount? From the viewpoint of a management accountant, how would this cost be classified and how would it figure into a company's financial statements?

This must be a 200 word response, but I'm not looking for you to write 200 words.

Reference no: EM13156961

Questions Cloud

Determine net income using mathematical equation : your price per unit (P), and the number of units (U) sold, you can use a mathematical equation to determine your net income (NI). In this case the formula is: NI = [U * (P-VCu)] - FC.
Diagram the procedure and dilution scheme : You are asked to determine the number of viable organisms per ml in a sample. The sample is thought to contain between 6.3X10^6 and 8.4X10^6 organisms per ml. How would you do this with the least amount of error?
Net short-term capital loss : Robin Corporation has ordinary income from operations of $30,000, net long-term capital gain of $10,000, and net short-term capital loss of $15,000. What is the taxable income for 2007?
What phenomenon is responsible for the gene interaction : What phenomenon is responsible for the gene interaction in which one gene can interfere with the expression of another?
Viewpoint of a management accountant : From the viewpoint of a management accountant, how would this cost be classified and how would it figure into a company's financial statements?
Does the principle of increasing opportunity cost : Does the principle of "increasing opportunity cost" hold in this nation? Explain briefly.(Hint: What happens to the opportunity cost of bread-measured in the number of ovens-as bread production increases?)
What would the final pressure be : A gas is heated from 14 degrees celsius to 121 degrees celsius and the volume increased from 15.0 liters to 41.4 liters. If the original pressure is 1 atm, what would the final pressure be?
Mass of copper sulfate pentahydrate in the original mixture : The weight of the initial mixture is 5.020 g, and the weight of the resulting anydrous compounds is 2.988 g. Which choice is closest to the percent by mass of copper(II) sulfate pentahydrate in the original mixture? Steps?
What are three methods for estimating cost of common stock : What are three methods for estimating the cost of common stock from retained earnings? Which of these methods provides the most accurate and reliable estimate?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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