Answer:
Workplace technology is relied upon by businesses to increase _____________.
Efficiency and effectiveness
Explanation:
Workplace technology including the use of computer systems, internet, and other communication and information devices has propelled manufacturing and eased communication. Technology has exponentially improved the rate of production and speed at which business occurs. Technology in the workplace has helped factory and administrative workers to become more efficient than ever before with the automation of the many processes. As efficiency is increased, so has effectiveness in the production of desired results been improved tremendously. For instance, a process or set of processes that used to take hours now can take only minutes.
Net income $4,000 $100,000 $72,000
Depreciation expense 30,000 8,000 24,000
Accounts receivable increase (decrease) 40,000 20,000 (4,000)
Inventory increase (decrease) (20,000) (10,000) 10,000
Accounts payable increase (decrease) 24,000 (22,000) 14,000
Accrued liabilities increase (decrease) (44,000) 12,000 (8,000)
For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
Answer: Please see answers in explanation column
Explanation:
Using the indirect method.
Balance Sheet Accounts Case X Case Y Case Z
Net Income $4,000 $100,000 $72,000
Adjustments to reconcile net income to net cash provided by operations:
Depreciation $30,000 $8,000 $24,000
Account Receivables $-40,000 $-20,000 $4,000
Inventory $20,000 $10,000 -$10,000
Account Payable $24,000 -$22,000 $14,000
Accrued Liability -$44,000 $12,000 -$8000
Cash Flows from operating
activities -$6,000 $88,000 $96,000
Answer:
A. $1,635
B. $48,424
Explanation:
Using the formulae P (1+r)^t, where P= $50; the principal, r= 0.03 or 3%; the interest rate, and t= 118 (1998-1880).
Hence, at 3% each would be entitled
=50 (1+0.03)^118
=50 (1.03)^118
= $1,635
At 6% each would be entitled
= 50 (1+06)^118
= 50 (1.06)^118
= $48,424
Therefore, since the granddaughters also claimed that they were entitled to compound interest, they would be entitled $1,635 at 3% interest rate and $48,424 if the interest rate was 6%.
D I think I'm only in year 7 haha
(C) mutual trust is based on an ongoing process of give and take.
Answer:
(A) an ongoing process of give and take is based on mutual trust.
Explanation:
Tragedy of the commons is a situation where individuals in a shared resource system act independently in their own self-interest. They behave in opposition to the common good and deplete shared resources.
In shared resource system there needs to be a collaborative approach between the parties to make sure resources are not exploited.
There needs to be an ongoing process of give and take based on mutual trust to sustain the system.
The concept of the tragedy of the commons has been used in sustainable development, economics, sociology, politics, taxation, and global warming.
Answer:
Net Income = $ 1.05 million; you can calculate the amount using the profit margin which will be the 7% from the sales.
ROE = 19.8%, the formula is Net Income/Owners Equity. To obtain the amount for Owners Equity you can use the information provided using the Assets and the Total Debt, the difference will be the amount for Owners Equity $ 5.3million.
ROA = 11.7% , the formula is Net Income/Assets.
Answer: George's initial price markup over marginal cost was approximately 41.2% George's desired markup is 45% Since George's initial markup, or actual margin, was Less than his desired margin, raising the price was profitable
Explanation:
a) Price Elasticity of Demand = [(Q1-Q2)/(Q1+Q2)] / [(P1-P2)/(P1+P2)]
= 5000- 4000/4000+ 5000) / 8.50- 9.50 /8.50 ₊9.50 =
1000/8000 / -1/ 18 = 0.125/-0.055 = -2.2
George's initial price markup over marginal cost was approximately
when Marginal cost = $5
b)initial price markup = Price - marginal cost / price = 8.50 - 5.00/ 8.50 = 0.412= 41.2%
C) George's desired margin = 1/absolute value of price elasticity = 1/ 2.2= 0.45= 45%
.
D)Since George's initial markup or actual margin was less than his desired margin, raising the price is profitable.
This is because When the markup is lower than the margin, business is running on a loss, so it is nessesary to increase price.
The price elasticity of demand for George's T-shirts is approximately -1.7, indicating that demand is elastic. The initial markup over the cost price was 70%, but the question doesn't specify the desired markup or if raising the price satisfied that margin.
The price elasticity of demand measures how sensitive the quantity demanded is to a price change. It's calculated as the percentage change in quantity demanded divided by the percentage change in price. In George's case:
So, the percentage change in quantity = (4000-5000)/5000 = -20% and percentage change in price = ($9.50-$8.50)/$8.50 = 11.76%. Therefore, price elasticity of demand = -20%/11.76% = -1.7 (approx.). This indicates that the demand is elastic, meaning quantity demanded is sensitive to price changes.
Regarding the price markup, this is the percentage increase over the cost price. The initial markup = ($8.50-$5)/$5 = 70%. The question didn't specify the desired markup, or if raising the price satisfied the desired margin.
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