Executive Accounts Question: Download Executive Account PDF

Tell me is financial accounting necessary?

Tweet Share WhatsApp

Answer:

Yes, the accounting calculates the cost of capital to the business. It compares the current, expected, and historic rates of return. Suppose a company is making 12% returns but borrowing money by using the owner's credit card at 22% be good to know that.

Download Executive Account PDF Read All 83 Executive Account Questions
Previous QuestionNext Question
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?Tell me what is the difference between provision and reverse?