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3 years ago

Industry low, industry average, and industry high cost of benchmarks on p 6 of each issue of the footwear industry report are

1 answer:

4 0

When this type of situation happen, each issue of the footwear industry report will be most likely.
are worth careful scrutiny by the managers of all companies because they help managers determine the degree to which their company's costs for the benchmarked costs<span> categories are competitive. With this information, the managers are more likely to make a more appropriate decision.</span>

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Chris wants to accumulate $112,000 in 4 years. He plans on making equal semiannual deposits into an investment account that earn

Katarina [22]

Answer:

$11,728.85

Explanation:

the future value of the annuity = $112,000

number of periods = 8 semiannual payments

interest rate = 10% compounded semiannually = 5%

future value = payment x FV annuity factor

FV annuity factor 5%, 8 periods = 9.5491

payment = $112,000 / 9.5491 = $11,728.85

8 0

3 years ago

Which process supports the design and development of products from the initial product idea stage through the discontinuation of

Blababa [14]

The lifecycle data management (design) method aids in the conception and creation of products from the time of their inception till their discontinuation.

<h3>Data lifecycle management: What is it?</h3>

Data lifecycle management (DLM) is a method for managing data from the point of data entry to the point of data deletion. Data is divided into phases depending on various criteria, and as it completes various tasks or satisfies particular needs, it advances through these stages. A successful DLM process gives a business's data structure and organization, enabling important process goals including data security and availability.

These objectives are essential to corporate success and become more significant over time. Businesses can plan for the dire repercussions in the event of data breaches, data loss, or system failure thanks to DLM policies and procedures.

To know more about 'Data lifecycle management', visit: brainly.com/question/14096313

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4 0

1 year ago

A company wants to have $20,000 at the end of a ten-year period by investing a single sum now. How much needs to be invested in

SSSSS [86.1K]

Answer:

8448.22

Explanation:

We are asked to calculate the present value of 20,000 in ten years.

$\frac{amount}{ {(1 + rate)}^{time} } = present \: value$

$\frac{20000}{ {(1 + 0.12)}^{10} } = 8448.22$

<em>Resuming: </em>in this kind of problems we are asked for which lump sum becomes a certain amount in a given period of time at an annual rate

3 0

3 years ago

Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 178,000 R

allochka39001 [22]

Answer:

$198,000 and $0

Explanation:

The calculation is shown below:

The Cost of the land is

= Purchase price + Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building

= $178,000 + $15,300 + $1,100 + $2,300 + $1,300

= $198,000

As the property is buy for the building site so here no cost will be recognized and allocated to the new building cost

hence, it would be zero

3 0

3 years ago

The balance in the supplies account before adjustment at the end of the year is $873. The proper adjusting entry if the amount o

yan [13]

Answer:

Explanation:

The proper adjusting entry is as follows

Supplies expense A/c Dr $603

To Supplies A/c $603

(Being supplies account is adjusted)

The supplies expense is computed by

= Supplies account balance - supplies on hand at the end of the year

= $873 - $270

= $603

Basically we debited the supplies expense account and credited the supplies account so that the proper posting could be done.

7 0

3 years ago