Financial and managerial accounting Research Paper

financial and managerial accounting - Research Paper ExampleThe bud repel would help Groovy Music to portend their regular demand which in turn, would be helpful in deciding the product mix. Also, by preparing use Based budget, Groovy Music may be able to allocate their costs better and hence, get a clear picture about which order costs more.Essay 2 - The Woods and amnionic fluid CompanyService DivisionParticularAmount ($)Revenue (8000 x $50)400,000Less Total run be (given)280,000(a) Net Profit120,000(b) Total run Assets (given)400,000Return on Investment (a/b x 100)30 %Irrigation DivisionParticularAmount ($)Revenue (250 x $5000)1,250,000Less Total Operating Costs (given)1,000,000(a) Net Profit250,000(b) Total Operating Assets (given)1,000,000Return on Investment (a/b x 100)25 %Company as a wholeParticularAmount ($)Revenue (400,000 + 1,250,000)1,650,000Less Total Operating Costs (given)1,280,000(a) Net Profit370,000(b) Total Operating Assets (given)1,400,000Return on Investment (a/b x 100)26 %Considering just the ROI, it can be concluded that the Service Division has performed