What are the two major components of a working capital management strategy

What is the problem associated with service quality standards such as "be nice" or "do what the customers want"?

Rama09 [41]

Answer:

b. They are not specific

Explanation:

The main problem with service quality standards such as "be nice" or "do what the customers want" is that they are not specific. An individual may think that they are being nice, while another person may take that behavior as being sarcastic or "having an attitude". The same goes for "do what the customer wants" since there are things that an employee is not allowed to do at all.

5 0

3 years ago

Monte’s Coffee Company purchased packaging equipment on January 5, 2014, for $86,900. The equipment was expected to have a usefu

lesantik [10]

Answer:

1.A

2014 Depreciation

Straight line method $26,667

Units-of-output $34,560

Double declining balance $57,933

2015 Depreciation

Straight line method $26,667

Units-of-output $26,840

Double declining balance $19,311

2016 Depreciation

Straight line method $26,667

Units-of-output $18,600

Double declining balance $6,437

1.B Total Depreciation in 3 years

Straight line method $80,000

Units-of-output $80,000

Double declining balance $83,681

2. Double declining balance yields the highest depreciation expense over the three-year life of an equipment

Explanation:

1.A In computing straight line method, the formula would be:

(cost of equipment - salvage value) / life of equipment

2014

(86,900 - 6,900) / 3 years = 26,667

2015

(86,900 - 6,900) / 3 years = 26,667

2016

(86,900 - 6,900) / 3 years = 26,667

TOTAL DEPRECIATION IN 3 YEAR LIFE OF EQUIPMENT = $80,001 ($26,667 + $26,667 + $26,667)

UNITS-OF-OUTPUT METHOD

Formula: (Cost of equipment - salvage value) / total operating hours of equipment x operating hours used for the year

2014

($86,900 - 6,900) / 20,000 x 8,640

($80,000 / 20,000) x 8,640

$4 per hour x 8,640 = $34,560

2015

$86,900 - 6,900) / 20,000 x 6,710

($80,000 / 20,000) x 6,710

$4 per hour x 6,710 = $26,840

2016

$86,900 - 6,900) / 20,000 x 4,650

($80,000 / 20,000) x 4,650

$4 per hour x 4,650 = $18,600

TOTAL DEPRECIATION IN 3 YEAR LIFE OF EQUIPMENT = $80,000 ($34,560 + $26,840 + $18,600)

DOUBLE DECLINING BALANCE

Formula: 100%/life of equipment x 2

*residual value will not be considered in this method of computation of depreciation expense.

2014

100% / 3 years x 2 = 66,67%

86,900 x 66.67% = $57,933

2015

100% / 3 years x 2 = 66,67%

$86,900 - $57,933 = $28,967

$28,967 x 66.67% = $19,311

2016

100% / 3 years x 2 = 66,67%

$86,900 - ($57,933 + $19,311) = $9,656

$9,656 x 66.67% = $6,437

TOTAL DEPRECIATION IN 3 YEAR LIFE OF EQUIPMENT = $83,681 ($57,933 + $19,311+ $6,437)

2. The method that yields most depreciation over the three-year life of an equipment is the DOUBLE DECLINING METHOD in a total amount of $83,681

6 0

3 years ago

Buyers of a good bear the larger share of the tax burden when the (i) supply is more elastic than the demand for the product. (i

mario62 [17]

Answer:

A. (i) only

Explanation:

4 0

3 years ago

: During June of 1997: Steve Wall, the Advanced Projects Design Team Leader at NASA’s Jet Propulsion Laboratory, estimated that

slava [35]

Answer:

This is really a personal opinion, since whether it is correct to send people to mars or not depends largely on your point of view and personal beliefs. Clearly, humans are far more capable than robots, and they can explore space and eventually other planets much better than a rover. On the other hand, sending people to Mars is not only extremely expensive, but it is also extremely dangerous for the astronauts themselves.

Imagine so many people died trying to get to space and then to the moon, and that was very easy compared to getting to Mars and back.

We can find millions of better ways to use the money than sending people to space, and that is really hard to argue against. Our planet, our country, state or even city could all benefit and use the money more productively.

But lets say that we do not care about the money because Mr. Bezos or some other billionaire decided to donate it. Now we would face the technical issues of going to Mars and actually staying there for a long time. A trip to mars is not something that would be carried out for just a couple of hours (like moon walking). Astronauts will have to stay in Mars for weeks, months or even years before they can return. This results in an extreme danger to their health due to cosmic rays. Can humans survive long term exposure to cosmic rays? The answer is NO and Mars's atmosphere doesn't help.

If we analyze this situation from a technical point of view, it would be better and safer to send astronauts to Titan (Saturn's moon), and would probably be also more useful. Titan's environment is similar to Earth's in many ways, and if we are actually doing it for a scientific purpose besides simply being curious, then it is much more useful to go to Titan. The scientific purpose of going to mars instead of other possible destinations is not very solid. Mars is really different to Earth and unless someone finds Martians living there, there is not much you can do.

8 0

3 years ago

Job design refers to the process of defining the way work will be performed and the tasks that will be required in a given job.

miskamm [114]

Answer:

1. The main priority for workers at a manufacturing facility is to maximize efficiency.

Industrial engineering. Because it is designed to increase efficiency..

2. A trucking firm is adding an air-suspension seat to its new line of trucks to help prevent drivers from experiencing chronic back pain.

Ergonomic. Because this structure is designed to increase health and safety.

3. A construction company is improving absenteeism and worker satisfaction by decreasing the amount of heavy lifting and overhead work expected of employees.

Ergonomic.The same goes about ensuring safety and health.

4. A smoke alarm manufacturer increases employee task significance by showing workers how their work contributes to the final product, which can ultimately save lives.

Motivation. Because this covers work enhancement, flexibility and more.

5. A clothing manufacturer is expanding to developing countries where employees will receive training on the single best way to produce each item of clothing.

Industrial engineering. Because it is used to increase efficiency.

6. A local coffeehouse is designing its jobs to ensure that employees do not feel pressure to process information beyond their capabilities.

Mental capacity. Since the boundaries and constraints of mental health are measured.

7. Librarians at the local library are being trained and motivated to be more involved with their job and decision making.

Motivation. Because this covers work enhancement, flexibility and more.

8. A medical services company is considering employee cognitive capabilities and limitations while in the process of redesigning jobs.

Mental capacity. Since the boundaries and constraints of mental health are measured.

6 0

3 years ago