Write a 2-page paper on Managerial Accounting Tools ( not including cover and references).
(using APA 7th ed formatting) and include a cover page and a reference page.
You should have a minimum of three references (and remember to use citations in the text to match the references
Articles from 2009 – present only. Use you online library. No Wikipedia, BLOGS with Ads from Yahoo, UKEssay.com; Buzzle.com, or sites that challenge as they present a biased opinion. Google Scholar is accepted.
Need articles as references but also these two books.
References Book: Noreen, E.W., Brewer, P.C. & Garrison, R.H. (2020). Managerial Accounting for Managers. 5th edition.
Also can look information from another book: Walther, L. (2020). A high-quality, comprehensive, free, online textbook. PrinciplesofAccounting.com. Retrieved from PrinciplesofAccounting.com
With references: Articles from 2009 – present only. Use the University online library, searches like ProQuest .
Could use information from The Big 4 CPA firms’ websites provide current (published in 2017 or 2016) publications relevant to this course. Here are the Big 4 CPA firms’ websites: KPMG.com EY.com Deloitte.com PWC.com
Format everything, including referencesAPA Version 7th.( Publication Manual of the American Psychological Association (APA), 7th ed. (2019, October 1). Washington, DC: American Psychological Association )..
Answer preview
Managerial accountants can use ratio analysis. According to Walther (2020), cost analysis tools help managers to compare different items, including assets, sales, and revenues. It enables managers to have better access to more detailed operational information about the company. In particular, ratio analysis is useful in identifying trend line and industry comparison.
Managers can also use cash flow analysis. Walther (2020) highlights that cash flow analysis allows business executives to evaluate an organization’s financial health. The cash-flow analysis helps business to track the movement of cash and make appropriate decisions. It
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