Discretionary expense - Study guides, Class notes & Summaries

A company has fixed assets of $509 million, total equity of $218 million, current liabilities of $128 million, and long-term debt of $390 million. What is the total for the company's current assets? a.) $262 million b.) $119 million c.) $128 million d.) $227 million - $227 million A company has just reported sales of $557 million, costs of goods sold of $150 million, depreciation of $190 million and interest expense of $40.2 million. What is the company's net income if the tax rate ...

Current LiabilitiesObligations expected to require the use of current assets or the creation of other current liabilities to satisfy the obligation. On the balance sheet. Ignore present value, report at face value. Contingent LiabilitiesFuture payments/receipts that are contingent on some future event or activity in order to know the exact amount. Ex: warranties, coupons, lawsuits. Reported on the balance sheet under a "provisions" account. If there is a high probability for a loss that is NO...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling Cost Engineering _______ Is the value of an activity or asset. Gene...

If a customer enters a sell stop order at 50 and the market trades that follow are 52,51,50,49, and 48, the order will most likely be executed at correct answer: 49 To find future value, all of the following info is needed except the correct answer: Rate of inflation Certificates of deposit sold by banks have all of following features Except correct answer: Marketability If interest rates in the economy go up, the yields on outstanding debt will do which of the following? correct ans...

ACCO 310 - financial reporting I MULTIPLE CHOICE—Conceptual final exam actual practice verified 2024 questions and answers Concordia University 1. The essential characteristic(s) of accounting is (are) a. communication of financial information to interested persons. b. communication of financial information about economic entities. c. identification, measurement, and communication of financial information. d. all of these. 2. Financial accounting is concerned with the process that cul...

Primavera Economy Unit 4 Workbooks and Checkpoints 100% Pass What impact can taxes have on the economy? Higher taxes reduce demand because consumers have less money to spend. What is an argument against the benefit taxation principle? People who earn less money simply cannot afford to pay for some benefits. How are payroll taxes used? They are used for entitlement programs like Social Security. Read the sentence. Some states collect a sin tax on products like alcohol and tobacco. What outcome...

SOLUTION MANUAL FOR MANAGERIAL ACCOUNTING 18TH EDITION BY RAY GARRISON, ERIC NOREEN AND PETER BREWERR ALL CHAPTERS INCLUDED 2023/2024. Chapter 1 Managerial Accounting and Cost Concepts Questions 1-1 The three major types of product costs in a manufacturing company are direct materials, direct labor, and manufacturing overhead. 1-2 a. Direct materials are an integral part of a finished product and their costs can be conveniently traced to it. b. Indirect materials are generally small ...

Texas Code Enforcement Exam Questions and Answers Latest Update 2024/2025 | 100% Correct. Enabling Legislation - ANSWER The act of giving or enactin laws: the power to make laws via legislation in contrast to court-made laws substantive due process - ANSWER Due process of law- The right of all persons to receive the guarantees and safeguards of the law and the judicial process. It includes search constitutional requirements is adequate notice, assistance of counsel, and the right to remain...

BUSI 352 Final Exam | Complete Solutions (Verified) A good financial planning report must include an analysis of all the following except: A. where you are now B. where you want to be C. Why you failed previously D. How to reach your goals Usual financial planning goals include the following except: A. retirement funding B. Current lifestyle C. Career planning D. Estate planning A client's formal Financial planning report that summarizes all of the following except: A. strategy - how the c...

C214 WGU Exam Questions with Correct Answers Discretionary Financing Needed Formula - ANSWER Discretionary Financing Needed (DFN) = Projected Total Asset - Projected Total Liabilities - Projected Equity Sustainable Growth Rate Formula - ANSWER Sustainable Growth Rate (SGR) = Return on Equity (ROE) X (1-Divided Payout Ratio) Cash Flow from Operating Activities (CFO) Formula - ANSWER Cash Flow from Operating Activities (CFO) = Net Income + Depreciation +/- Decreas...