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1 year ago

Who is responsible to ensure that each department and division identify current deficiencies and methods for improvement?

Business

1 answer:

enot [183]1 year ago

7 0

Managers of individual departments, by working with each department's employees.

Responsible of department

When a signal for an emergency is received at the emergency dispatch center, it is the obligation of the responsible department to deploy emergency services. The fire department is the responsible department for occurrences involving fires, waterflow in fire sprinkler systems, other extinguishing agents in fire protection systems, as well as medical assistance. The police department is in charge of incidents including break-ins, robberies, unauthorized building entry, etc.

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If sixty $1,000 convertible bonds with a carrying value of $70,000 are converted into 9,000 shares of $5 par value common stock,

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Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $60,000

Premium on bonds payable A/c Dr $10,000

To Common stock A/c $45,000

To Paid in capital in excess of par A/c $25,000

(Being the conversion of bonds is recorded)

The computation is shown below:

For bonds payable

= sixty $1,000 convertible bonds

That means

= 60 × $1,000

= $60,000

For Premium on bonds payable:

= $70,000 - $60,000

= $10,000

For Common stock:

= 9,000 shares × $5

= $45,000

And, the remaining balance is credited to paid in capital in excess of par

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4 years ago

Around the time Adam Smith published “Wealth of Nations”, what was the economic system favored by most European elites called?

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Answer:

Explanation: Mercantilism

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3 years ago

For a nail salon, the costs associated with the purchase of nail polish and other products like polish remover and disposable fl

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Answer: Variable cost; should be considered

Explanation:

For a nail salon, the costs associated with the purchase of nail polish and other products like polish remover and disposable flip flops are examples of variable costs. These should be considered when building a MCS.

Variable costs are the costs that varies with production. They are the opposite of fixed costs which are fixed. The nail polish and other products like polish remover and disposable flip flops are variable costs because the amount that'll be bought depends on the available customers and therefore isn't fixed.

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3 years ago

The two different types of budgetary expenses in the federal budget are

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4 years ago

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.18 mill

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Answer:

See the explanation below

Explanation:

1. If the tax rate is 24 percent, what is the project’s Year 0 net cash flow?

A. Year 1.

B. Year 2.

C. Year 3

Year 0 cash flow = - initial fixed asset investment - initial investment in net working capital = $2,180,000 + $290,000 = $2,470,000

Annual depreciation expenses = 2,470,000 / 3 = $823,333

A. Year 1 cash flow = (Sales - costs - depreciation)(1 - tax) + depreciation = (1,730,000 - 636,000 - 823,333)(1 - 0.24) + 823,333 = $1,029,039.92

B. Year 2 cash flow = $1,029,039.92

C. Non operating year 3 cash flow = Market value + Net working capital - tax(market value - book value) = 240,000 + 290,000 - 0.24(240,000 - 0) = $472,400

Year 3 cash flow = $472,400 + $1,029,039.92 = $1,501,439.92

2. If the required return is 12 percent, what is the project's NPV?

NPV = -2,470,000 + (1,029,039.92 / (1 + 0.12)^1 + 1,029,039.92 / (1 + 0.12)^2 + 1,501,439.92 / (1 + 0.12)^3 = $337,825.25

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