Please answer:

6. The use of cost information in the short-term management decision making. Relevant costs . Computational problems (additional processing, make-or-buy decisions, dropping a product line).

7. Pricing decisions, analyzing customer profitability . Profit maximizing price, Cost-plus pricing. Target cost pricing. Concept of the customer profitability.

8. Capital budgeting and strategic managerial accounting . Time value of money. NPV and IRR and their comparison with the payback method.

9. Analyzing financial statements. Why managers analyze financial statements. Horizontal and vertical analysis. Calculate profitability ratios, turnover ratios, debt related ratios.

10. Decentralization and performance evaluation. Advantages and disadvantages of decentralization Cost centers, profit centers and investment centers. Economic Value added (EVA).Conceptual issues.