How might cvp help to reduce uncertainty

Assignment Help Financial Accounting
Reference no: EM13835201

Please take a look in to this 2 paper and Share your thoughts on the following question: How might CVP help to reduce uncertainty? What other techniques might be used, perhaps in conjunction with CVP to help deal with uncertainty. Reference: Chan, Y.L. & Yuan, Y. (1990) 'Dealing with fuzziness in cost-volume-profit analysis', Accounting and Business Research, 20(78), pp. 83-95 Yunker, J.A., & Yunker, P.J. (2003) 'Stochastic CVP analysis as a gateway to decision-making under uncertainty', Journal of Accounting Education. 21(4), pp. 339-365 

Reference no: EM13835201

Questions Cloud

Why the matlab tolerance parameter tolx can be helpful : Discuss two reasons why the MATLAB tolerance parameter tolx can be helpful to use in an optimization problem.
Tax-deferred retirement account : Jeff Perez deposits $2,000 each year in a tax-deferred retirement account. If he is in a 27 percent tax bracket, by what amount would his taxes be reduced over a 20 year time period?
Budgeting and financing the organisation : Week 5 Key Concept Exercise Budgeting and financing the organisation Print Page This week's Key Concept Exercise is intended to get you thinking about the use of budgeting in an organisation. There are many different types of budgets. This week, you ..
Minimum amount couple needs to establish emergency fund : Jane and Bill Collins have total take-home pay of $3,900 a month. Their monthly expenses total $2,800. Calculate the minimum amount this couple needs to establish an emergency fund.
How might cvp help to reduce uncertainty : Please take a look in to this 2 paper and Share your thoughts on the following question: How might CVP help to reduce uncertainty? What other techniques might be used, perhaps in conjunction with CVP to help deal with uncertainty. Reference: Chan, Y...
Creating a presentation focused on your plan : In your final project, you will be creating a presentation focused on your plan to advocate for a selected topic of your interest, including the strategies you would create within the three arenas of advocacy (Personal, Private and Public)
Estimating its cost of capital for the first time : CALCULATING A FIRM'S WACC Nestle Enterprises is estimating its cost of capital for the first time and has made the following estimates: The firm's debt carries an AAA rating, which is currently yielding 6%; the firm pays taxes at a rate of 30%; the c..
What will be the value of her retirement account : Carla Lopez deposits $3,000 a year into her retirement account. If these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account?
Optimum solution without scaling the design variables : Develop an optimization problem for which you do not obtain the optimum solution without scaling the design variables.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Vantage services issued

On March 1, 2015, Vantage Services issued a 5% long-term notes payable for $15,000. It is payable over a 3-year term in $5,000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2016. Each yearly instalment will inclu..

  Total interest expense equal to the cash interest payments

Adams, Corp., is planning to issue $520,000 of 6%, five-year bonds payable to borrow for a major expansion. The chief executive, Shane Adams, asks your advice on some related matters. At what type of bond price will Adams have total interest expense ..

  Her old residence is never rented out or used for business

On October 29, 2013, Miss Joan Seely (SSN 123-45-6789) sells her principal residence for $150,000 cash. she purchased the residence on May 12, 2004, for $85,000. She spent $12,000 for captital improvements in 2004. To help sell the house, she pays $3..

  Determine the present value of your winnings

If the current interest rate is 5%, determine the present value of your winnings. Use the present value tables in Appendix A. Round to the nearest whole dollar.

  1 which answer is falsea the concept of working capital is

1 which answer is false?a. the concept of working capital is a basis for determining liquidityb. the working capital is

  Statement about a multiple-step income statement

Which of the following is not a true statement about a multiple-step income statement?

  Application base was manufacturing overhead under

Sinclair Company manufactures a line of lightweight running shoes. CEO Andrew Sinclair estimated that the company would incur $3,198,890 in manufacturing overhead during the coming year. Using direct labor hours as the application base was manufactur..

  Compute the balance of the accumulated depreciation account

Equipment was purchased for $30,000. It has a useful life of 5 years and a residual value of $4,000. Compute the balance of the Accumulated Depreciation account at the end of the second year.

  Illustrate what is elephant inc taxable income

Illustrate what is Elephant, Inc.’s taxable income for 2012? Which of the following is required to adjust Elephant, Inc.’s deferred tax asset to its correct balance at December 31, 2012? The ending balance in Elephant, Inc’s deferred tax liability at..

  Amount of the debit to equity investments

If Goebel Company acquired a 30% interest in Dobbs Company on December 31, 2014 for $215,000 and the equity method of accounting for the investment were used, the amount of the debit to Equity Investments (Dobbs) would have been

  Accountant to be competent in performing the audit

Is it important for an accountant to be competent in performing the audit of the client’s record? What does this mean?

  Record accrued interest payable

On September 1, 2010, Herman Co. issued a note payable to National Bank in the amount of $1,200,000, bearing interest at 12% and payable in three equal annual principal payments of $400,000. On this date, the bank's prime rate was 11%. The first paym..

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