How can CVP analysis be used to predict future costs and profitability? Describe how CVP analysis is used at Salt River Company. Discuss a concept associated with CVP in conversation. Consider using an article to summarize or apply the CVP concepts. Please include proper citations.
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How can CVP analysis be used to predict future costs and profitability? Describe how CVP analysis is used at Salt River Company. Discuss a concept associated with CVP in conversation. Consider using an article to summarize or apply the CVP concepts.
Please include proper citations.
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- Match the qualitative characteristics below with the following statements. 1. Relevance 2. Faithful representation 3. Predictive value 4. Confirmatory value 5. Comparability 6. Completeness 7. Neutrality 8. Timeliness a. Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. b. Having information available to users before it loses its capacity to influence decisions. c. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future. d. Information that is capable of making a difference in the decisions of users in their capacity as capital providers. e. Absence of bias intended to attain a predetermined result or to induce a particular behavior.Explain the benefits of a return on investment structure within an investment center framework. It may help to think of an example using an existing company.Subject: Strategic Information Systems for Business and Enterprise Q) Discuss the questions below: i) Discusses the acronym TELOS model which provides guidance for accessing project feasibility. The term stands for technical, economic, legal, operational and schedules feasibility. Discuss these feasibilities briefly. And elaborate cost-benefit analysis under economic feasibility. ii) Accountants should be involved in the detailed design and implementation of the system development life cycle. Comment on the statement.
- Use the following information to answer the questions that follow. A. Calculate the operating income percentage for each of the courses. Comment on how your analysis has changed for each course. B. Perform a vertical analysis for each course. Based on your analysis, what accounts would you want to investigate further? How might management utilize this information? C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? ExplainWhat type of analytics would encompass creating Key Performance Indicators (KPI’s) from the information reported in financial statements? Multiple Choice Diagnostic analytics Predictive analytics Descriptive analytics Prescriptive analyticsWhat value would a discussion of the profitability index add to a conversation where you are trying to communicate the benefits of a positive net present value project to a firm’s general management team? (Explain clearly and in-depth.)
- Match each of the principles and phases in the development of an accounting system with the statement that best describes them. 1. Information must be understandable, relevant, reliable, timely, and accurate. FlexibilityCost effectivenessUseful output 2. Benefits of information must outweigh the cost of providing it. Cost effectivenessUseful outputFlexibility 3. The system should accommodate a variety of users and changing information needs. Cost effectivenessFlexibilityUseful output 4. The accounting system must consider the needs and knowledge of various users. FlexibilityCost effectivenessUseful output 5. The system should be capable of meeting the changes in the demands made upon it.…You do not have to start from scratch, but note, these are completely independent pro formas. They must update accordingly from the data worksheets. Plan on showing your analysis and discussing the proforma changes that occur under each new scenario and how it affects profitability. Use a formatted text box (not a comment) to explain your recommendations under each new pro forma. This will be approximately a 2-3 paragraph endeavor. Scenario One: “What if” Analysis for adding flavored ice coffees. Your client is unsure if she should sell flavored ice coffees. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $3.75 each and costs him only $1.60 to purchase. Unfortunately your client is afraid that he would cannibalize his soft drink sales with the coffee customers (one soft drink less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another…Analyse the system requirement for accounting software for the retail sector. Critically discuss the benefit and possible issues for the proposed system. Give recommendation with reasons to support your selection. Description of the system requirements for accounting software in retail sector. Discussion on the benefit of in-house development for proposed accounting software. Discussion on possible issues of in-house development for proposed accounting software. Recommendation to overcome the possible issues of in-house development for proposed accounting software. Please donot provide solution in image format and it should be in step by step format and provide solution asap
- Why do most of the companies prepare for profit planning? And what are the key steps to make it helpful?The environmental management plan considers the environmental and social impacts and: Group of answer choices how to account for these costs shows how the business will respond to market conditions how the business will develop its products or services identifies capital requirements and sources of capitalExplain CVP analysis and the information that it can provide to management. How could CVP analysis be used to evaluate whether additional advertising spending would lead to increased profit?
