The two primary decision-specific qualities that make accounting information useful are: Multiple Choice Verifiability and representational faithfulness. Predictive value and feedback value. Relevance and faithful representation. Cost effectiveness and materiality.

•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year

Why should managers invest any excess cash

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?