CIO is the correct answer
Answer:
operational Excellence
New Product, Services & Business models
Customer & Supplier Intimacy
Operational excellence
Improved decision making
Competitive advantage
Survival
Explanation:
1) Operational Excellence – Information systems are essential tools available to managers in order to achieve optimum levels of efficiency and productivity in business operations thereby higher profitability.
2) New product services and business models – They play a vital role in the creation of new products and services. New business models help to create,describe how a company produce, create and sell the products for profitability.
3) Customer and Supplier intimacy – Information system provide the foundation of customer satisfaction. they make sure a business serves its customers well, thereby improving customer satisfaction that will enable customer to purchase more and generate revenue
4) Improved decision making – they generate real time data from the marketplace when making decision
5) Competitive advantage – Information System help in doing things better than competitors, charging less for superior products, and responding to customers and suppliers in real time all add up to higher sales, and higher profits
6) Day to Day survival – Information System help to provide ease in business
Answer:
$6150.
Explanation:
Given:
Tomko Company purchased machinery with a list price of $96,000.
10% discount by the manufacturer.
They paid $600 for shipping and sales tax of $4,500.
Tomko estimates that the machinery will have a useful life of 10 years and a residual value of $30,000.
If Tomko uses straight-line depreciation, annual depreciation will be ?
<u>Solution:</u>
List price of machinery = $96,000
Discount amount = 10% of 96,000
Shipping cost = $600
Sales tax = $4,500
Actual cost of machinery = List price - Discount amount + Shipping cost + Sales tax
Actual cost of machinery = $96000 - $9600 + $600 + $4500
= $91,500
Residual value = $30,000
Useful life = 10 years
As we know:
Thus, annual depreciation of machinery of Tomko Company will be $6150.
