Explanation:
Information systems can help the decision-making process in a company more effectively, an example is the management information system, which is an information system focused on the past and present information of an organization that helps in the projections that will influence the future of a company.
A management information system allows a manager to analyze a large volume of information more quickly and find patterns, correct errors, guarantee greater reliability of information, it is cheaper, greater ability to forecast scenarios and adapt to the market, among other advantages that automation provides for an organization.
Put the phases of the business cycle in the correct order in which they follow a depression.
First phase
1. Recovery
2. Boom
3. Recession
4. Depression
Final phase
Edit: I put it in order so that's the answer
Answer:
1. Recovery
2. Boom
3. Recession
4. Depression.
Explanation:
You are quite right. That is the order.
After a depression occurs and the economy is in dire straits, it begins to recover due to a mix of factors such as government spending and cheaper inputs enabling more production.
The peak of this recovery is the Boom where the economy is doing very well but inflation has risen which would then make inputs expensive again.
As workers begin to be laid off, a recession kicks in and without intervention the economy would continue it's downward spiral till it is back in a depression.
Which of the following statements is correct about planning a successful conversion to Lean/Just-in-time operations. Multiple choice question. Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles. Conversion should be accomplished quickly, not gradually, to realize the maximum benefit. When converting a production line, begin at the start and progress to the end of the line. Vendors should be converted to JIT delivering first, before implementing in the Buyer's organization.
Answer:
Management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.
Explanation:
A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;
I. A total quality management (TQM): it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.
II. A continuous improvement (CI): it is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization.
III. Just-in-time (JIT): it is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.
Additionally, lean production is a manufacturing methodology that is focused on integrating activities that are designed to provide massive quantity with high quality production using minimal resources, raw materials, finished products and work-in-process features.
This ultimately implies that, lean production is basically a supply management process aimed at elimination of waste as much as possible and it requires a mutual agreement between the management and employees, as well as proper training of the employees (workers) before implementing the conversion.
Hence, the statement which is correct about planning a successful conversion to Lean/Just-in-time operations is that both management and employees must be convinced of benefit and receive training prior to conversion to avoid obstacles.
The Corbit Corp. sold merchandise for $10,000 cash. The cost of the goods sold was $7,590. The journal entries to record this transaction under the perpetual inventory system would be
a.
Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
b.
Cash 7,590
Sales 7,590
Cost of Goods Sold 7,590
Inventory 7,590
c.
Cash 10,000
Sales 10,000
Cost of Goods Sold 10,000
Inventory 10,000
d.
Cash 10,000
Inventory 10,000
Cost of Goods Sold 7,590
Sales 7,590
Answer:
a. Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
Explanation:
Based on the information given if the company
sold merchandise for the amount of $10,000 cash in which The cost of the merchandise sold was the amount of $7,590. The appropriate journal entries to record this transaction under the perpetual inventory system would be to Debit Cash for $10,000; Credit Sales for $10,000 and to Dr Cost of Goods Sold for $7,590; Credit Inventory for $7,590.
Dr Cash 10,000
Cr Sales 10,000
Dr Cost of Goods Sold 7,590
Cr Inventory 7,590
Harry and Hanson were partners in a firm sharing profits and losses in the ratio 3:2. Their capital was $300,000 and $150,000 respectively and they were entitled to interest on capital of 25% per annum. At the end of the firm's financial year December 31, 2019, the firm earned profit of $180,000 after allowing for interest on capital. Given this information, the profits that will be distributed among the partners will be:
Answer:
JOURNAL
1. Cash a/c... Dr. 350000
To C's Capital a/c 200000
To Premium for Goodwill a/c 150000
(Being capital and premium for goodwill brought in by C)
2. Premium for Goodwill a/c... Dr. 150000
To A's Capital a/c 110000
To B's Capital a/c 40000
(Being premium for goodwill distributed among the partners in the ratio of 11:4)
3. A's Capital a/c.... Dr. 55000
B's Capital a/c.... Dr. 20000
To Cash a/c 75000
(Being half of the premium for goodwill withdrawn by the partners)
Calculation of sacrificing ratio:
A's sacrifice= 3/5- 2/7= 11/35
B's sacrifice= 2/5- 2/7= 4/35
Sacrificing ratio= 11:4
Based on the information given the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
Given:
Profits and losses sharing ratio=3:2
Profit earned=$180,000
Hence:
Profit sharing
Harry Profit=3/(3+2)×$180,000
Harry Profit=3/5×$180,000
Harry Profit=$108,000
Hanson Profit=2/(3+2)×$180,000
Hanson Profit=2/5×$180,000
Hanson Profit=$72,000
Inconclusion the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
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3M allows employees to spend 15% of their working time on projects that they feel passionate about. Sometimes there is more interest than roles to play on the respective project teams. If, as a manager of one of these special teams, you chose to make volunteers compete for the right to work on your team, which conflict management approach would you be using
Answer:
Stimulating conflict
Explanation:
The stimulating conflict would measures the new goals search and it would be lead to innovation. Also it would increase the members bonding.
Since in the given situation the manager would select the volunteers in order to compete for the correct work that would stimulate the group bonding because of the same interest also it would rise the volunteers efficiency
Hence, it is used stimulating conflict
Analysis of market share is a key to understanding the firm's:
O a. competitive environment.
O b. demographic strengths.
O c. social and cultural environment.
O d. technological environment.
Analysis of market share is a key to understanding the firm's:
O a. competitive environment.
O b. demographic strengths.
O c. social and cultural environment.
O d. technological environment
answer is A
Dakota earns $8.70 an hour for 37
Per month
hour week. How much is earned per week?
Answer:
$321.90
Explanation:
Please help or going to jump off a really high bridge
Gates Gems bought a computer on January 1st in the amount of $5,000. It will be used by the company for 3 year and will have a salvage value of $200. What is the annual depreciation expense?
Gates Gems bought a computer on July 1st in the amount of $5,000. It will be used by the company for 3 year and will have a salvage value of $200. What is the depreciation expense that Gates Gems will record?
Karen’s Flower Shop purchased a delivery van in the amount of $12,000 on January 1st. The van has a useful life of 5 years and an estimated salvage value of $800. What is the annual depreciation expense?
Karen’s flower shop purchased a new floral cooler on August 1st in the amount of $8,900. She expects the cooler to last approximately 4 years at which time it’s value will be $1,200. What is the depreciation expense that Karen will record?
Michael’s Diner purchased new booths on January 1st for the seating area. The cost of the booths was $2,570. Michael determined that the booths wouldn’t be worth anything at the end of their useful life, which would be 5 years. What is the annual depreciation expense for the booths?
Michael’s diner purchased a delivery truck on February 1st in the amount of $10,000. The estimated useful life is 6 years and the salvage value is $500. What is the depreciation expense that Michael will record?
Ieshah’s Ice Cream Shoppe purchased a new freezer for the storeroom on October 1st for $6,500. Ieshah expects the freezer to last 5 years. The salvage value is $600. What is the depreciation expense Ieshah will record?
ABC Corporation bought a conference room table on January 1st in the amount of $2,800. It will be used by the company for 5 years and will have a salvage value of $400. What is the annual depreciation expense?
Answer:
join pa dlet to get the answers
Explanation:
1. The annual depreciation expense for the computer bought by Gates Gems on January 1st is $1,566.67 ($5,000 - $300)/3.
2. The depreciation expense bought by Gates Gems on July 1st that it will record for the year is $783.33 ($5,000 - $300)/3 x2.
3. The annual depreciation expense for the computer bought by Karen’s Flower Shop on January 1st is $2,240 ($12,000 - $800)/5.
4. The depreciation expense that Karen will record for the first year is $802 ($8,900 - $1,200)/4 x 5/12.
5. The annual depreciation expense for the booths purchased by Michael's Diner on January 1st is $514 ($2,570/5).
6. The depreciation expense that Michael will record for the first year is $1,451.40 ($10,000 - $500)/6 x 11/12.
7. The depreciation expense that Ieshah will record for the first year is $295 ($6,500 - $600)/5 x 3/12.
8. The annual depreciation expense that ABC Corporation will record is $480 ($2,800 - $400)/5.
Thus, the above illustrations demonstrate that depreciation expense is based on time usage as it is prorated when the equipment is not used from the beginning to the end of the fiscal year.
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Regardless of what consumers want and what producers can provide, scarcity is a problem that will continue to be a part of our economy.
True
False
Answer:
The answer is A or True for EDGE 2021
Explanation:
Why are performance reviews important to workers and employers?
Imagine that you earned $14,425 in one year. If the government enforces a 1596 income
tax, how much money would you owe in taxes at the end of the year? Show your work.
Answer: $2,302.23
Explanation:
Assuming the tax rate is 15.96%.
Tax is paid to the government to enable it take care of the nation's public needs.
Money owed in taxes = Annual earnings * Income tax rate
= 14,425 * 15.96%
= $2,302.23
Goodstone Tire Corporation sells tires for $100 each. Per unit costs associated with producing and selling the tires are: Direct materials and labor $45; Factory overhead $20; Selling and administrative $15. The variable portion of the factory overhead is $8 per unit. A foreign company wants to purchase 10,000 tires for $70 each. The order would not require any selling or administrative costs. The purchaser will pay the shipping costs, but Goodstone will have to pay a $100,000 inspection fee in order to be able to make the foreign sale. Accepting the special order will not affect current sales or production. What effect would accepting the special order have on Goodstone's net operating income
Answer:
Goodstone's net operating income will increase by $70,000.
Explanation:
Goodstone Tire Corporation
Analysis of accepting special order
Sales ($70 x 10,000) $700,000
Less Variable Expenses :
Direct materials and labor ($45 x 10,000) $450,000
Variable Factory overhead ($8 x 10,000) $80,000
Inspection fee $100,000 ($630,000)
Net Income (Loss) $70,000
Conclusion
Goodstone's net operating income will increase by $70,000.
Answer:Decrease by $15000
Explanation:
what is a cash book used for?
Answer:
to keep track of all business transactions in case of an audit
Jamie receives $9.10 an hour for the first 40 hours and time-and-a-half for overtime. If he
works 45 hours, how much does he earn for the week?
Answer:
$432.25
Normal pay $364 + overtime pay $68.25
Select the correct answer. Which utility applies to a company that educates customers about its products' features? OA form utility O B. knowledge utility O C. possession utility D. place utility O E. price utility Reset Next
Answer:place utility
Explanation:
Utility applies to a company that educates customers about its products' features is possession utility. Thus the correct option is C.
What is a product?A product is referred to as a finished good distributed in the market to serve the customers. This product is tangible in nature which consumers can see, touch and utilize.
Possession utility measures the degree of usefulness or perceived value a consumer gets from owning a certain product. Companies must make their products easier to own because this increases the product's perceived value.
Therefore, option C possession utility is the appropriate answer.
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Select the correct answer from each drop-down menu.
Anita is an entrepreneur who is interested in starting a hair salon. Anita consulted her friend Ali, who is a businessman, to get some business advice. Ali advised Anita to calculate the total she will need to raise. He advised her to choose a where she can find skilled labor and plenty of clients. He also advised her to figure out the for every piece of equipment she buys for the salon.
Answer: 1. Capital
2. Set of service
3. Total cost of ownership
Explanation:
1. Capital
Capital in this case refers to the fund that Anita will require for the business. It is important for one to know the amount that will be needed to run a business.
2: Set of Services
Set of services simply refers to what what Anita intends to provide. It is important for her to choose a set of service where she can easily find skilled labor and plenty of clients so that there'll be smooth running of the business.
3: Total Cost of Ownership
Total cost of ownership here refers to the financial estimate of the equipment that she buys.
Why do you think it will be important to stay flexible if your goals change as you get
older?
Answer:
You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.
Which type of account is also a type of loan, which the customer has access to for a set amount of time?
Answer:
Bank overdraft
Explanation:
Bank overdraft is a short term loan which need to repay within a certain period of time, less than a year
A marketing researcher subcontracts the data collection process to a field services firm. After the data is collected, the researcher is editing the questionnaires, and finds a large number of mistakes. In many cases skip patterns were not followed, and difficult questions were often skipped. The researcher contacts several of the persons that did the interviewing and finds that they received little, and in some cases, no training or supervision. What kind of error is evident here
Answer:
b. interviewer error ( bias
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION
a. processing error
b. interviewer error
c. surrogate information error
d. measurement instrument bias
e. sampling error
From the question we are informed about how a marketing researcher subcontracts the data collection process to a field services firm. After the data is collected, the researcher is editing the questionnaires, and finds a large number of mistakes. In many cases skip patterns were not followed, and difficult questions were often skipped. The researcher contacts several of the persons that did the interviewing and finds that they received little, and in some cases, no training or supervision. In this case, the kind of error that is evident here is interviewer error.
Interviewer error can be regarded as form of bias whereby the interviewer that is in charge of administering of the survey whether in person or by phone , impact some kind of choice of responses through his or her interaction. This impacting choice of response could be in form of word choices,attitude as well as facial expressions
Discuss the following ways of adapting to the challenges of the business environments: Lobbying
it win or loose twfecbdkdhxfsftsushe
I NEED HELP FAST! Why personal finance is good for life and what it would do for me?
Answer:
Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you to budget within that income. ... Personal finance affects even the little necessary things like transport bills, and grocery, as well as the longer-term goals like saving and investments
Answer:
Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you to budget within that income. ... Personal finance affects even the little necessary things like transport bills, and grocery, as well as the longer-term goals like saving and investments.
Explanation:
Basically you'll be good with all the money you take in and spend helping you accumilate the most amount of money.
Match the action needed to increase profits with the reason a business might fail.
Setting a realistic budget for the company to follow would match with________.
A) bad location
B) poor management
C) Competition
D) finances
Answer:
D
Explanation:
finances
what are features of business environment
Answer:
Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.
why is Africa called plateaus of plateu?
Answer:
Africa is called the plateau continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
sana makatulong ❤❤
Answer:
continent because almost the entire continent is raised above sea level and drops sharply off at the coast.
Explanation:
Select a topic and develop a curriculum targeted to 6th-grade students.
Provide an outline of the material and how it will be presented.
Defend your reasoning for the mode of delivery that was selected.
Submit a 450-word response about the topic, curriculum, material outline, and presentation method.
Explanation:
Provide an outline of the material and how it will be presented.
is the correct answer .
hope it is helpful to you☺️☺️☺️
29. What happens as production of one item switches to the production of another item?
a. The cost of production stays the same.
b. The cost of production decreases.
Land costs rise more than labor costs.
d. More resources are needed.
c.
Answer:
I believe the answer is A
Explanation:
What are two ways you can show initiative at home or at school?
Answer:
Explanation:
You can take initiative at home when you keep your room clean or make your bed. Getting your homework done without reminders from parents .
SCHOOL.
Involve Yourself in Classroom Discussions.
Join Clubs, Teams or Organizations.
Volunteer for things at school.
HOPE THIS HELPED!!!
The overall value of a brand to an organization the extra money that consumers will spend to buy that brand is called
brand
a. equity
b.experience
c. awareness
d. extension
Answer:
Extension is the answer
hi please give me your opinion. help me :-[
2. Do young people still eat lots of traditional types of food?
Why / Why not?
lol i accidentally put the subject as business. i am very desperate to get the answer :,-)
Answer:
nope coz we are living in modern lives whereby they are foods with spieses but some do because they don't wanna forget their tradition
Answer:
Yes, young people do like to eat traditional food because they love the traditional flavor and this also helps them to understand the culture of a place.
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ABC Corporation, has an issue of preferred stock outstanding that pays a $2.50 dividend every year in perpetuity. This stock issue currently sells for $75 per share. What is the required return for this preferred stock?
Answer:
the required return on the preferred stock is 3.33%
Explanation:
The computation of the required return on the preferred stock is shown below:
= Dividend ÷ Selling price per share
= $2.50 ÷ $75
= 3.33%
Hence, the required return on the preferred stock is 3.33%
We simply applied the above formula