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4 years ago

12

information systems transform raw data into information that can be used to make decisions. What is another important factor to

note?

1 answer:

Reptile [31]4 years ago

3 0

A) The relationship between information systems and organizations is among the fastest-changing aspect of business today.

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Gutierrez Company reported net income of $196,100 for 2020. Gutierrez also reported depreciation expense of $47,400 and a loss o

Leokris [45]

Answer:

$276,100

Explanation:

Preparation of the operating activities section of the statement of cash flows for 2020

GUTIERREZ COMPANY Statement of Cash FlowsFor Year Ended December 31, 2020

Cash flows – operating activities

Net income $196,100

Add Reconciling adjustments to net income to netcash provided by activities:

Depreciation expense$47,400

Loss on Disposal of plant assets $5,600

Increase in Accounts payable $12,900

Decrease in Accounts receivable $10,900

Decrease in Prepaid expenses $3,200

Net cash – operating activities $276,100

Therefore the operating activities section of the statement of cash flows for 2020 will be $276,100

4 0

3 years ago

Kenneth is a bank executive and when one of his customers offers him box seats to a Chicago Cubs game he knows he cannot accept

olchik [2.2K]

This reflects a difference in business ethics.

Business customs can be divided into three categories: imperatives, which must be acknowledged and accommodated; electives, which can be adapted to but are not required to; and exclusives, in which outsiders are not permitted to participate.
In foreign marketing, flexibility of approach is essential.
The fundamental distinction between business ethics and general ethics is that general ethics include all moral ideals, but business ethics only pertain to matters of business.

What is business ethics reflection?

Everyone should possess a strong sense of business ethics. It reveals how the person's character is reflected.
Being morally upright is recognizing what is right and wrong, among other things.

Because a firm is all about providing excellent customer service, the business ethics of its employees are very significant.

Learn more about business ethics

brainly.com/question/14971689

#SPJ4

5 0

2 years ago

I need to find a financial institution (just the website) that will give me information on shares, security trusts and RSA retai

gladu [14]

It is best to scour government websites that have authority over stocks and trusts transactions.

Because the government has the ultimate authority to give permits in start-up corporations and other businesses, it is best to start your search in government websites and work on from there.

You can start with the Securities and Exchange Commission (SEC) website. You can also visit the websites of Financial Industry Regulatory Authority (FINRA), Bureau of the Public Debt, Commodity Futures Trading Commission (CFTC), <span>and </span>National Futures Association (NFA).

8 0

4 years ago

Read 2 more answers

Process Costing using the Weighted-Average Method

Finger [1]

Answer:

First we find the equivalent units. Then Cost Per Equivalent Units. We apply these costs to the units to find the total cost. Then we compare the given costs with the found costs to see the difference.

Explanation:

Equivalent Units

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Units transfered 6050 100 1000 6050 6050

<u>Ending WIP 450 40 30 180 135</u>

<u>Equivalent Units 6230 6185</u>

Units Completed And Transferred

Particulars Units

Beginning WIP 300

Units started in production 6200

Total Units Available 6500

<u>Less Ending WIP 450</u>

<u>Units Completed and Transferred 6050</u>

<u></u>

<u>Cost Per Equivalent Unit</u>

Particulars Materials Conversion

Beginning WIP $10,500 $6,750

Costs added 332,150 407,645

Total Costs 342,650 414,395

Equivalent Units 6230 6185

Cost Per Equivalent Unit 342,650 / 6230 414,395/ 6185

=$ 55 =$ 67

<u>Costs Assigned</u>

<u>Ending WIP $ 18945</u>

Materials ( 180 * 55) = $ 9900

Conversion ( 135 * 67) = $ 9045

<u>Units Completed And Transferred Out : $ 738100</u>

Materials ( 6050 *55) = $ 332750

Conversion ( 6050 * 67) = $ 405350

<u>Cost Reconciliation </u>

Cost to be accounted for

Beginning WIP ( $10,500 + $6,750 )= $ 17250

Cost added ( 332,150+ 407,645)= $ 739795

<u>Total Costs $ 757045</u>

<u></u>

Ending WIP $ 18945

Units Completed And Transferred Out : $ 738100

<u>Total Costs $ 757045</u>

Which is the same.

6 0

4 years ago

VARVARA [1.3K]

In order for Sarah to create a new custom management report, the following are required:

Select edit on the management report.
She'll select the reports option that's on the left.
Then, she will click on the add new report button.

<h3>What is custom management report?</h3>

It should be noted that the custom management report gives a combined view of the income statement account and balance sheet in order to have a broad view of the company.

Learn more about management reports on:

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6 0

2 years ago