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Whitepunk [10]
1 year ago
8

ABC company has been breaking even all year. The board of directors has hired a new manager and charged her with the responsibil

ity of maximizing profits. How does the manager determine what steps to take to make the firm profitable?
Business
1 answer:
Ivanshal [37]1 year ago
8 0

Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up. You can also develop new goods or services or grow into new market segments.

<h3>What are the steps to take to make the firm profitable?</h3>

This manual shows how to evaluate the profitability of your company, provide growth for your bottom line, and plan and manage change. Your profitability may be boosted by careful expense control. Although most organizations may discover some waste to eliminate, it's crucial to avoid compromising the quality of your goods and services in order to save money.

It is efficient to use activity-based costing to determine the true cost of particular company activities. By allocating sections of all your expenditures, including those for employees, real estate, and raw materials, to certain activities, activity-based costing enables you to determine how much it costs you to perform a given business function.

Learn more about maximizing profits, here:

brainly.com/question/28206532

#SPJ1

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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jou
Musya8 [376]

Answer:

The option (B) Debit Work in Process Inventory $72.000 credit Factory Wages Payable $172,000 is correct

Explanation:

Solution

Given that:

As the cost of labor was sustained as regards to processing the inventory and it was not completed, so debit the work in process of account.

There also exits a liability of paying labor charges for this it will be payable.

Hence credit factory wages payable.

For the other options they are crediting cash which is not yet paid, here the option A  and E is wrong.

For option D, they are crediting inventory which in this case is not correct due to the existence of a liability for paying labor fees.

The option D is wrong, because they debited with the cost of sold goods.

8 0
3 years ago
A. : Anything that serves as a medium of exchange.
adelina 88 [10]
It’s money I’m pretty sure
8 0
3 years ago
Brian owns a company that makes inexpensive replacement parts for bicycles. He's ready to increase the scale of his business and
mina [271]

Answer:

His ads can appear on websites relevant to bicycles, and therefore connect him to his potential audience.

Explanation:

Search engine optimization in marketing involves including keywords in the content so that when users search for materials related to such content, the content would appear among the relevant results. For businesses that want to improve the sales of their products by making use of Google Display Ads, it is important to use keywords as the content of the advertising so that the advertisements can appear on websites relevant to the potential audience.

The main goal of advertising would be defeated if the products are marketed to people who have no interest in them. If Brian's bicycles are marketed on a website containing content for children, it would be difficult for him to make sales. Google Display Ads ensure that the right audience see the advertisements.

3 0
3 years ago
Sally has been working really hard lately and asks her manager for a raise. Her manager tells her that she is already the highes
alukav5142 [94]

Answer:

C. hacking

Explanation:

Hacking is a term used to describe an unauthorized access to a computer data base for illegal purposes. It also means breaking into an organization's security data system either to corrupt data, steal information or disrupt certain activities.

Most hackers demand for monetary returns or cause collateral damage having gained unathourized access into an organization's data base.

There are several ways of hacking which includes;

Phising scam: An attempt to have access into a computer by making a user open an attachment or provide confidential information.

Malware attack: is a type of hacking attack which after being carried out, cripple activities of an entire organization including its business associate, government parastatals, customers etc in exchange for money.

Code break: This is where a secret software is installed to allow users hit a company' s data base through strings.

Organizations are beginning to expend money on their security systems by constantly updating them against any internal and external attack.

3 0
3 years ago
Sally is in the business of purchasing accounts receivable. Last year Sally purchased an account receivable with a face value of
Simora [160]

Answer:

Shally will not having any amount of bad debt deduction for the present year.

Explanation:

In the present year, Shally will not having any amount of bad debt deduction because she has a gain or income of $5,000. As, last year she has account receivable of $60,000 but this year she settled the account by receiving the $65,000 amount. So, she has received more amount than the basis in the receivable. Therefore, she will not have any bad debt deduction this year.

8 0
4 years ago
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