Why income statement would results prepared

Assignment Help Accounting Basics
Reference no: EM132587656

Question 1: Why income statement would results prepared and reported externally, following GAAP absorption costing, differ from income reported internally, in a variable/fixed contribution margin format?

Reference no: EM132587656

Questions Cloud

Should a small family-owned business spend the effort : Should a small family-owned business spend the effort to adjust to the accrual basis of accounting? Defend your answer. Discuss in detail?
How IT management and monitoring of controls : How IT management and monitoring of controls can be used to asses IT performance.
Type of unemployment during pandemic : How would we categorize the type of unemployment during pandemic?
How would a company be affected by budget strategy : How would a company be affected by budget strategy based on personal goals (i.e. padding the budget to make short term operational results look good)
Why income statement would results prepared : Why income statement would results prepared and reported externally, following GAAP absorption costing, differ from income reported internally
Threat indicators and level of network activity : Given the vast amount of known threat indicators and level of network activity today, automation has become a necessity.
Understand the reviews of customers in a website : Understand the reviews of customers in a website using web scraping and do some text preprocessing and also do sentiment analysis
Firm to a new cost-minimizing equilibrium : What will change to move the firm to a new cost-minimizing equilibrium?
Journalise the transactions for purchased a vehicle : Journalise the transactions for Purchased a vehicle for $100,000 by signing a 5% 1 year note. Purchased a vehicle for $100,000 by signing a 5% 1 year note.

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