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anygoal [31]
2 years ago
12

a team engaged in process analysis and improvement has collected data on customer complaints. their pareto chart clearly shows o

ne bar that is much taller than the others. a natural next step for this bit of information is to
Business
1 answer:
sergiy2304 [10]2 years ago
5 0

The natural next step to be taken by team engaged in process analysis will be make the tallest bar of the Pareto chart the head of a fishbone diagram.

Process analysis is a continuous improvement approach whereby businesses examine their operations to find more efficient strategies to accomplish a given task. The three aspects of any activity—input, processing, and output—are the foundation of this approach. Process analysis analyzes how much an input is changed to generate the desired output by a business. One purpose of this research is to use less resources, including time, to achieve the desired outcomes.

A process analysis will watch and document how a specific task is carried out to fully describe every one of the steps and relevant personnel in it. He then will typically design a flow chart to illustrate how well the input flows through the system in the business.

Learn more about process analysis here:

brainly.com/question/4029279

#SPJ4

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As of December 31, 2018, Moss Company had total cash of $160,000, notes payable of $86,000, and common stock of $52,800. During
tatyana61 [14]

Given:

Total cash = $160,000

Notes payable = $86,000

Common stock = $52,800

Find:

Retained earnings as on December 31, 2018

Computation for retained earning:

According to Accounting Equation:

Assets = Liabilities + Stock holder equity

Total Cash = Notes payable + Common stock + Retained earning

$160,000 = $86,000 + $52,800 + Retained earning

$160,000 = $138,800 + Retained earning

Retained earning = $160,000 - $138,800

Retained earning = $21,200

6 0
3 years ago
Why do you earn more money using compound interest than you would using simple interest?
PilotLPTM [1.2K]

Interest is calculated as a <u>percentage of the principal</u>. With compound interest, the interest earned is <u>added back into the principle</u> so during the next period you start earning interest on the new, higher amount. Every time the interest compounds, it gets added into the principal and you earn more and more interest.

Example:

10% simple interest on $100:

(.1 * 100) +100 = 10 + 100 = $110

But if you do 10% interest compounding monthly for 3 months you have:

Month 1: (.1 * 100) +100 = 10 + 100 = $110

Month 2: (.1*110) +110 = $121

Month 3: (.1*121) + 121 = $133.10

Even with this simple example you can see how much more money is earned when your interest is compounded and added back into the principal.

8 0
4 years ago
Taxes are too high. In some circumstances,
MissTica

Answer:

The answer is: A) If taxes are lowered, government revenues actually increase.

Explanation:

For example, when consumers have to pay less money in taxes, it means they will have more money to spend. Private consumption is the most important component of the GDP. When money starts to flow, a virtuous circle of growth starts a chain of events that reinforces economic growth through a feedback loop. When the economic growth rate increases, government revenue will also increase. The virtuous circle of growth is the most important pillar of the Keynesian economic theory.

The same applies to businesses, when they pay less taxes, they can invest more in new businesses which in turn increase economic growth, which results in higher revenue for the government.

Of course this theory applies to certain small tax reductions, and under certain specific circumstances.

7 0
3 years ago
You need $25,000 today and have decided to take out a loan at 7 percent for five years. Which one of the following loans would b
irina1246 [14]

Answer:

Amortize loan woul´d be the best loan

Explanation:

Even though there are no options in the question, the amortize loan coul´d be the best loan, with equal principal payments.

This one is a scheduled periodic payments that are applied to both principal and interests.  This one first pays off the relevant interests expense for the period, and then the payment reduces the principal

4 0
3 years ago
Statz Company had sales of $1,800,000 and related cost of goods sold of $1,150,000 for its first year of operations ending Decem
Mrrafil [7]

Answer:

A. Dec 31

Dr Sales $27,000

Cr Customer refunds payable $27,000

Dr Estimated returns inventory $16,000

Cr Cost of goods sold $16,000

B. Feb 3

Dr Customer refunds payable $5,000

Cr Cash $5,000

Dr Merchandise Inventory $3,100

Cr Estimated returns inventory $3,100

Explanation:

(a) Preparation of the adjusting entries on December 31, 20Y1, to record the expected customer returns.

Dec 31

Dr Sales $27,000

Cr Customer refunds payable $27,000

($1,800,000*1.5% )

Dr Estimated returns inventory $16,000

Cr Cost of goods sold $16,000

(b) Preparation of the entries to record the returned merchandise and cash refund to Buck Co. on February 3, 20Y2.

Feb 3

Dr Customer refunds payable $5,000

Cr Cash $5,000

Dr Merchandise Inventory $3,100

Cr Estimated returns inventory $3,100

.

6 0
3 years ago
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