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In the past weeks, you have been introduced to a myriad of ideas and tools to help you be a more effective decision-maker and manager. Understanding what tools are at your disposal as a manager can help ensure that you are able to make informed, reasoned financial decisions as you seek to improve and grow your business. As you reach the end of Managerial Accounting, take a few moments to reflect on the concepts covered, how these concepts are used in the business world, and how you can use them in the future.Based on your experiences respond to the following:
What topic (concept) did you find most interesting in the course?
What application (example/analysis) in the course did you think was most useful to you and your professional goals?
Last week, the articles in the Resources focused on Mickey Drexler and creating a demand for high end products by limiting production. Are there ethical issues associated with limiting supply to create "demand frenzy"-i.e., Nintendo Wii, Cabbage Patch dolls, etc.?
Post a brief statement that expresses your thoughts on marketing premium products. The length of your response(s) should be a minimum of 150 words.
Assignment - Excel Workbook Assignment MFE 6100 and Create the amortization schedule for this note in proper format. Label your spreadsheet cell that shows your TVM calculation for the note and be sure to link all cells properly for full credit..
What is the price-earnings ratio of the company? What would the P/E ratio be if the discount rate were 10%?
Formulate a linear program to determine the expected mix of conference rooms to ensure the maximum profit for CRSL. Show all supporting calculations and derive the optimum solution using a computer package.
Compute the total equivalent units of production with respect to labor for March using the weighted average inventory method.
Calculate the total cost that would be incurred for the production of 20,000 units. Identify the two key cost behavior assumptions made in the calculation of your answer to part C.
Mosaic Company applies overhead using machine hours and reports the following information.
A young entrepreneur who has developed a new innovative product has been invited to pitch on the BBC TV programme 'Dragons Den'. The product is called 'Boot Magic' and is designed to clean football boots without the inside of the boot getting wet...
During the recession, the company suffered losses and it was pointed out that the lack of management accounting system was one of the reasons. Implementing Strategic Management Accounting system has been given in the solution
What steps can be taken to loosen the constraint in coating and sharpening - what would be the benefit to the firm of gaining one more hour of production time in coating and sharpening?
What inferences can be made about student attendance at football games?- Using the 99% level of confidence, what is the confidence interval?
If you were the president of Penny wise Bank, how would you resolve the argument between Barney and Debra?
Discuss the most important steps in the operating budget process. Why are these more important than the other steps?
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