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777dan777 [17]
3 years ago
5

. If you were starting a new business, describe at least three departments to the company that you would need right away. Why ar

e these departments so important? (1-5 sentences. 3.0 points)
Business
2 answers:
Natali5045456 [20]3 years ago
8 0
F I were to start a new business, the three departments that I would need right away are the production department, a sales and marketing department, and a finance department. A production department would be necessary as I would require a product or service to offer the market. A sales and marketing department would also be necessary, because I would need to sell this products in order to make money. A finance department would be necessary to manage the financial resources of the company.
tino4ka555 [31]3 years ago
4 0

Answer:

Three departments I would require when starting are production, finance, and marketing, and they would be necessary so that the company would have all the things needed to start correctly to keep building towards success.

Explanation:

A production department would be essential as I would want a commodity or service to give the market. The marketing department would also be important because I would need to advertise to sell my products to make money properly. A finance department would be crucial to manage the financial resources of the company.

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Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals
Fudgin [204]

Internal users of financial information Are those individuals involved in managing and operating the company.

Answer: Option (B) is correct.

Explanation:

Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.

Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.

3 0
4 years ago
1. Calculate owners’ equity. Pasta Enterprises has $42,000 in cash, $20,000 in inventory, $17,000 balance due to creditors, and
mash [69]

Answer:

The amount of owners’ equity is $66,000

Explanation:

Basing on the balance sheet equation:

Assests = Liabilities + Owners’ equity

Therefore:

Owners’ equity = Assests - Liabilities

Pasta Enterprises has $42,000 in cash, $20,000 in inventory, and $21,000 balance due from customers.

Assests = Cash + Inventory + Balance due from customers = $42,000 + $20,000 + $21,000 = $83,000

Liabilities = Balance due to creditors = $17,000

Owners’ equity = $83,000 - $17,000 = $66,000

3 0
3 years ago
Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled
aev [14]

Answer:

The simple rate of return of 4.54%

Explanation:

The simple rate of return of 8.75%

($97,000 - $56,000 - $27,500) ÷$297,000

=$13,500÷$297,000

=0.0454×100

=4.54%

The new machine $330,000 ÷ 12 years useful life

=$27,500

The new machine $330,000

Les old machine scrap $33,000

=$297,000

Therefore the simple rate of return is 4.54%

7 0
3 years ago
_____ means that managers are honest and trustworthy, fair in their dealings with employees and customers, and behave ethically
rosijanka [135]

Answer:

The correct answer is letter "A": Ethical leadership.

Explanation:

Ethical leadership implies managers of an organization respecting the norms and values necessary to develop a healthy atmosphere at work. Top executives are in charge of promoting respect among coworkers, inspire trust by their actions, honesty at the moment of providing information to subordinates, consideration in front of problems among employees, and fairness to solve issues impartially.

5 0
3 years ago
Paola and Isadora Shaw are married, file a joint tax return, and have one dependent child, Dante. The Shaws report modified AGI
Triss [41]

Answer: $2500

Explanation:

The American opportunity tax credit has to do with the expenses which is paid on qualified education for a student who's eligible and this is typically for the first four years.

A maximum annual credit of $2,500 can be gotten per eligible student. Since the modified AGI of $139,220 is less than $180000 which is the limit, then they'll be eligible for $2500.

6 0
3 years ago
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