Answer: provide the right product in the right place at the right time for the right price.
Explanation:
Revenue cycle refers to the process involving the completion of an accounting process from the sale of a product till receipts are gotten for payment made.
The primary objective of the revenue cycle is to provide the right product in the right place at the right time for the right price.
Which organization compiles data on individuals and businesses to report on their credit?
TransUnion
The Bureau of Consumer Protection
The National Credit Union Administration
Vantage Scores
Answer:
Option A
Explanation:
There are primarily three credit bureaus to which the Lenders go namely -
a) TransUnion
b) Equifax
c) Experian
These three agencies are interested in reviewing credit reports before lending any financial aid.
Hence, option A is correct
Answer:
TransUnion
Explanation:
Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Decreases should be indicated by a minus sign.)
Year
2021 2020
Cash $322,960 $880,000
Accounts receivable 702,240 280,000
Inventory 897,780 780,000
Long-term assets 3,536,680 2,380,000
Total assets $5,459,660 $4,320,000
Answer:
Find attached
Explanation:
Horizontal or trend analysis involves is a financial statement analysis technique that shows the percentage change or dollar change in a corresponding financial statement's item.
For example, the change in the fixed assets by a way of increase or decrease compared to last year's financial statements.
Formula:
change in a particular line item=(current year amount/previous year)-1
market:blue Jean market . event :the dye in blue jeans is proven not fade easily .Name the market
DontBuyFromUs
Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production Department. Etching and Finishing. The Etching, Department employs 20 people and the Finishing Department employs 80 people. Each person in these two departments works 2,000hours per year. The production-related overhead costs for the Etching Department are budgeted at $200.000, and the Finishing Department costs are budgeted at $320.000. Two service departments. Maintenance and Computing directly support the two production departments. These service department, have budgeted costs of $48,000 and $250,000 respectively. The production department’s overhead rates cannot be determined until the service department’s costs are allocated. The following schedule reflects the use of the Maintenance Departments and Computing Department’s output by the various departments.
Using Department
Service Department Maintenance Computing Etching Finishing
Maintenance(maintenance hours) 0 1,000 1,000 8,000
Computing (minutes) 240,000 0 840,000 120,000
Required:
1. Use the direct method to allocate service department costs. Calculate the overhead rates per direct labor hour for the Etching Department and the Finishing Department.
2. Use the step–down method to allocate service department costs. Allocate the Computing Department’s costs first. Calculate the overhead rates per direct-labor hour for the Etching Department and the Finishing Department.
Answer:
Celestial Artistry Company
1. Allocation of Service departments costs (direct method):
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Maintenance (48,000) 5,333 42,667 0
Computing (250,000) 218,750 31,250 0
Total costs $0 $0 $424,083 $393,917 $818,000
Direct labor hours 40,000 160,000
Overhead rate per direct labor hour $10.602 $2.462
2. Allocation of Service departments costs (step-down method):
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Computing 50,000 (250,000) 175,000 25,000 0
Maintenance (98,000) 0 10,889 87,111 0
Total costs $0 $0 $385,889 $432,111 $818,000
Direct labor hours 40,000 160,000
Overhead rate per direct labor hour $9.647 $2.701
Explanation:
a) Data and Calculations:
Etching Finishing Total
Employees 20 80 100
Direct labor hours per year 2,000 2,000
(per employee)
Total direct labor hours/year 40,000 160,000 200,000
Production-related overhead $200,000 $320,000 $520,000
Service Dept Production Dept.
Maintenance Computing Etching Finishing Total
Overheads $48,000 $250,000 $200,000 $320,000 $818,000
Maintenance
(maintenance hours) 0 1,000 1,000 8,000 10,000
Computing (minutes) 240,000 0 840,000 120,000 1,200,000
Direct Allocation of Service Departments Overheads:
Maintenance Overhead:
Etching = $5,333 ($48,000 * 1,000/9,000)
Finishing = $42,667 ($48,000 * 8,000/9,000)
Computing Overhead:
Etching = $218,750 ($250,000 * 840,000/960,000)
Finishing = $31,250 ($250,000 * 120,000/960,000)
Step-down Allocation of Service Departments Overheads
Computing Overhead:
Maintenance = $50,000 ($250,00 * 240,000/1,200,000)
Etching = $175,000 ($250,00 * 840,000/1,200,000)
Finishing = $25,000 ($250,00 * 120,000/1,200,000)
Maintenance Overhead of $98,000:
Etching = $10,889 ($98,000 * 1,000/9,000)
Finishing = $87,111 ($98,000 * 8,000/9,000)
Capital budgeting is the process of making capital expenditure decisions. used in sell or process further decisions. of determining how much capital stock to issue. of eliminating unprofitable product lines.
Answer:
The correct answer is the first option: of making capital expenditure decisions.
Explanation:
To begin with, the term known as "Capital Budgeting", in the field of business management, refers to the method a company's manager use in order to see how profitable it is to start some new inversions or projects, therefore that the main purpose of this process is to involve the elaboration of a budget that will help the superiors of the organization to make capital expenditure decisions when they are looking for a new inversion or project to start with. It is very helpful in the situations where there is a need for evaluation of future prospects.
Please help with the following question.
Answer:i dont really know
Explanation:
A productive process approachviews operations as a separate organizational function.must provide feedback information for control of process inputs and technology.is of limited use in service organizations.disregards human and social concerns.
Answer:
The correct answer is the second option: Must provide feedback information for control of process inputs and technology.
Explanation:
To begin with, the term known as " Productive process approach" in the field of business management is refered to the method used by the companies who seeks for the constant improvement of its daily operations inside the organization. Therefore that it is necessary to say that this approach must provide feedback information of the internal processes that happen in the business regarding the inpunts and the technology used by the place so that a regular control will take place and with that every little adjustment as well in order to get better at every possible way to produce the company's product.
Penny Arcades, Inc., is trying to decide between the following two alternatives to finance its new $28 million gaming center: a. Issue $28 million of 6% bonds at face amount. b. Issue 1 million shares of common stock for $28 per share. 2. Which alternative results in the highest earnings per share
Answer:
Penny Arcades, |nc.
a. Issue $28 million of 6% bonds at face amount.
Explanation:
Alternative A will surely result in higher earnings per share than Alternative B. It has been established that some financial leverage enables the stockholders to earn more per share. This is not a debatable issue. The hard work lies with the corporation's ability to find the debtholders that can finance its activities and assets. This means that the stockholders of Penny Arcades, Inc. will be at a much more financial advantage if they can find creditors to lend it the $28 million for the gaming center than making the finance available themselves.