(1) Not all pricing methods apply to the market place. In manufacturing it is common practice to determine the cost of a product as it moves through it transformation to a finished product. (1) Explain how a transfer price could be used to make other financial decisions and (2) provide an example of the application of transfer price data. (2.) Terry LeMay is unclear as to the difference between the balance sheet of a merchandising company and a manufacturing company. (1) Describe and provide an example of a balance sheet of a merchandising company and (2) compare to an example of a balance sheet of a manufacturing company (3.) Internal Control Procedures are required to safeguard company assets and to ensure ethical operation of the business. (1) Explain how comparisons and compliance monitoring can satisfy the purpose of internal control and (2) provide an example of how this control could be implemented (4.)To promote better management control of business centers financial responsibilities are assigned to managers. There are three basic types of responsibility centers. (1) Explain how a cost center operates and (2) provide an example of its application in business.(5.) To evaluate the financial operation and health of a business ratio analysis is used. (1) Provide the formula for Current Ratio and explain how it is computed and (2) provide an example of how this ratio can be used in decision making in business
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more