HM
Hunter Miggelbrink
Answers (7)
HM
Answered
Which of the following is a type of collaborative technology that can help people work on documents simultaneously,share files,and share the knowledge of multiple experts?
A) Shared workspaces
B) Virtual communities
C) Communities of practice
D) Unified communication
E) Groupware
A) Shared workspaces
B) Virtual communities
C) Communities of practice
D) Unified communication
E) Groupware
On Aug 07, 2024
E
HM
Answered
A company is trying to decide which of two new product lines to introduce in the coming year. The predicted revenue and cost data for each product line follows:
The company has a 30% tax rate, it uses the straight-line depreciation method, and it predicts that cash flows will be spread evenly throughout each year. Calculate each product's payback period. If the company requires a payback period of three years or less, which, if either, product should be chosen?
The company has a 30% tax rate, it uses the straight-line depreciation method, and it predicts that cash flows will be spread evenly throughout each year. Calculate each product's payback period. If the company requires a payback period of three years or less, which, if either, product should be chosen?
On Jul 10, 2024
*Annual depreciation:
A = $75,000/5 yrs. = $15,000
B = $100,000/5 yrs. = $20,000
Payback periods:
(A) ($75,000/$32,150) = 2.3 years
(B) ($100,000/$31,200) = 3.2 years
Based on the payback period, Product A should be chosen.
A = $75,000/5 yrs. = $15,000
B = $100,000/5 yrs. = $20,000
Payback periods:
(A) ($75,000/$32,150) = 2.3 years
(B) ($100,000/$31,200) = 3.2 years
Based on the payback period, Product A should be chosen.
HM
Answered
A company had net sales of $230,000 for Year 1 and $288,000 for Year 2.The company's average total assets for Year 1 were $150,000 and $180,000 for Year 2.Calculate the total asset turnover for each year and comment on the company's efficiency in the use of its assets.
On Jul 08, 2024
Year 1: $230,000/$150,000 = 1.53
Year 2: $288,000/$180,000 = 1.60
In Year 1,for every dollar of assets,the company earned $1.53 in net sales.
This increased to $1.60 in net sales for every dollar of assets in Year 2.
Its efficiency in the use of its assets improved from Year 1 to Year 2.
Year 2: $288,000/$180,000 = 1.60
In Year 1,for every dollar of assets,the company earned $1.53 in net sales.
This increased to $1.60 in net sales for every dollar of assets in Year 2.
Its efficiency in the use of its assets improved from Year 1 to Year 2.
HM
Answered
A difficulty can arise in preparing an interim report because
A) there is insufficient time for the staff to prepare the report
B) it is difficult to determine meaningful operating results for an interval of less than a year
C) a fiscal year involves twelve months and the annual report must report monthly totals
D) quarterly reporting is more valuable than an interim report
A) there is insufficient time for the staff to prepare the report
B) it is difficult to determine meaningful operating results for an interval of less than a year
C) a fiscal year involves twelve months and the annual report must report monthly totals
D) quarterly reporting is more valuable than an interim report
On Jun 09, 2024
B
HM
Answered
The CEO of an online retail store plans to share all financial information with the company's employees.The CEO believes that in doing so,employees will understand how they contribute to the success of the company.The CEO,in this scenario,is implementing
A) knowledge management.
B) double-entry bookkeeping.
C) open book management.
D) on-demand computing.
A) knowledge management.
B) double-entry bookkeeping.
C) open book management.
D) on-demand computing.
On Jun 08, 2024
C
HM
Answered
Which of the following is true of a divisional structure?
A) It is common in organizations dealing with only one or a few products or services.
B) It tends to work best in relatively stable environments where problems are predictable.
C) Its main focus is to put together people within the same expertise and help them work together.
D) It is an attempt to gain the advantages and minimize the disadvantages of the matrix structure.
E) It overcomes the disadvantages of a functional structure, such as the functional chimneys problem.
A) It is common in organizations dealing with only one or a few products or services.
B) It tends to work best in relatively stable environments where problems are predictable.
C) Its main focus is to put together people within the same expertise and help them work together.
D) It is an attempt to gain the advantages and minimize the disadvantages of the matrix structure.
E) It overcomes the disadvantages of a functional structure, such as the functional chimneys problem.
On May 10, 2024
E
HM
Answered
The idea of efficiency wages is that:
A) the wages of each type of labor must be proportionate to their marginal products.
B) the wages of each type of labor must be equal to their marginal products.
C) firms might get greater work effort by paying above-equilibrium wage rates.
D) workers are more diligent when paid below-equilibrium wages.
A) the wages of each type of labor must be proportionate to their marginal products.
B) the wages of each type of labor must be equal to their marginal products.
C) firms might get greater work effort by paying above-equilibrium wage rates.
D) workers are more diligent when paid below-equilibrium wages.
On May 09, 2024
C