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1 year ago

Will the managers be able to make informed decisions in woolworth ?

1 answer:

5 0

There is a high amount of possibility that the managers at Woolworth will be able to make informed decisions, if the team involved in decision-making thinks rationally, and in the best interest of the company.

<h3>What is an informed decision?</h3>

An informed decision can be referred to or considered as a decision that is taken by keeping important factors in mind while arriving at a decision, and also managing the core functions with an intention of growth.

In the condition given above, the managers will be able to make informed decisions only if their mindset towards the company is rational, and such decision is in the best interest of the company.

Therefore, the significance regarding an informed decision has been aforementioned.

Learn more about informed decision here:

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Holmes Company produces a product that can be either sold as is or processed further. Holmes has already spent $96,000 to produc

TEA [102]

Answer: Holmes should process it further to make a profit of $306,496

Explanation:

If Holmes sells now, the selling price would be:

= Amount sold for / No. of units

= 81,500 / 2,425

= $33.61

If the company processes further and sells at $415, they will get a profit per unit of:

= 415 - 255

= $160 per unit

Incremental revenue is:

= (160 - 33.61) * 2,425 units

= $306,495.75

Holmes should process it further.

4 0

3 years ago

A company has the following transactions during the month of February. February 2 Pay $610 for radio advertising for February. F

timama [110]

Answer:

Please see the required journals below.

Explanation:

February 2 Pay $610 for radio advertising for February.

Debit Advertising Expense $610

Credit Cash $610

February 7 Purchase beauty supplies of $1,210 on the account.

Debit Supplies $1,210

Credit Accounts Payable $1,210

February 14 Provide beauty services of $2,450 to customers and receive cash.

Debit Cash $2,450

Credit Service Revenue $2,450

February 15 Pay employee salaries for the current month of $810.

Debit Salaries Expense $810

Credit Cash $810

February 25 Provide beauty services of $910 to customers on account.

Debit Accounts receivable $910

Credit Service Revenue $910

February 28 Pay utility bill for the current month of $210.

Debit Utilities Expense $210

Credit Cash $210

3 0

3 years ago

Read 2 more answers

Someone asked me "hru" but I dont feel anything rn. Like, I don't feel good, bad, OR in between. What do I say?

sergejj [24]

Answer:

Maybe ask them how THEY are doing

Explanation:

7 0

3 years ago

If reserves increase by $12 billion, what is the difference in the resulting change in checkable deposits when the required rese

Gre4nikov [31]

Answer:

$30 billion

Explanation:

Calculation to determine the difference in the resulting change in checkable deposit

Using this formula

Difference in checkable deposit=Increase in reserve/(1* Reserve ratio 8%)-Increase in reserve/(1* Reserve ratio 10%)

Let plug in the formula

Difference in checkable deposit=$12 billion/(1*8%)-$12 billion/(1*10%)

Difference in checkable deposit=$12 billion/0.08-$12 billion/0.10

Difference in checkable deposit=$150 billion-$120 billion

Difference in checkable deposit=$30 billion

Therefore the difference in the resulting change in checkable deposit is $30 billion

6 0

3 years ago

The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin requirement is $3,000 a contra

Dmitry [639]

Answer:

a. The initial remittance is the same as the initial margin requirement of $3,000.

b. The profit is;

= 100 ounces * ( 1,005 - 1,000)

= $500

Return is;

= Profit/ Margin

= 500/3,000

= 16.67%

c. The loss is;

= 100 * ( 1,000 - 998)

= -$200

d. If the futures price declines to $984, what must the speculator do?

Depends on if the maintenance requirement is still below the balance.

= 3,000 - 100 * (1,000 - 984)

= $1,400

This is below the maintenance margin of $1,500 and so the speculator will have to deposit an amount that will take it back to the original margin requirement.

= 3,000 - 1,400

= $1,600

Speculator should deposit $1,600.

e. = 3,000 - 100 (1,000 - 982)

= $1,200

8 0

3 years ago