All categories

3 years ago

The first step in process flow analysis is:

Business

1 answer:

defon3 years ago

8 0

Answer:

The answer is develop a flowchart. Letter A

Explanation:

The first step in process flow analysis is to develop a flowchart

You might be interested in

Sales returns and allowances are reported on the ______.

labwork [276]

Sales returns and allowances are reported on the Income Statement.

<h3>What is the income statement?</h3>

The income statement is a financial statement wherein the sales revenue and cost of goods sold and operating expenses are summarized in order to obtain the net income.

When reporting the sales returns and allowances on the income statement, they are subtracted from the gross sales to arrive at the net sales.

Thus, sales returns and allowances are reported on the Income Statement.

Learn more about the income statement at brainly.com/question/24498019

5 0

2 years ago

The following information shows Carperk Company's individual investments in securities during its current year, along with the D

melamori03 [73]

Answer:

a. See the table below.

b. Debit Fair value adjustment - Available-for-sale for $47,981; and Credi Unrealized gain - Debt for $47,981.

Explanation:

1. Identify whether each investment should be classified as a short-term or long-term investment. For each investment, indicate in which of the six investment classifications it should be placed.

This can be done as follows:

No. Types of investment Classification of investment

a. Long-term investment Debt investment held to maturity

b. Long-term investment Equity method investments 20%-50%

c. Long-term investment Available for sale dbt securities

d, Long-term investment Available for sale dbt securities

e. Short-term investment Stock investment <20%

2. Prepare a journal entry dated December 31 to record the fair value adjustment for the portfolio of available-for-sale debt securities. Carperk had no available-for-sale debt securities prior to this year.

The journal entries will look as follows:

General Journal Debit ($) Credit ($)

Fair value adjustment - Available-for-sale 47,981

Unrealized gain - Debt (w.1) 47,981

(To record the fair value adjustment for the portfolio of available-for-sale debt securities).

Workings (w.1):

No Fair Value ($) Cost ($) Gain (loss) ($)

A B C = A - B

a. 453,116 416,850 36,266

c. 184,240 170,909 13,331

d. 93,426 95,042 (1,616)

Total  730,782   682,801   47,981 

7 0

3 years ago

If the firm sells its product at the market price of $10 per unit, how many workers should the firm employ to maximize profit if

Bingel [31]

Answer:

the data regarding output and the quantity of labor is missing, so I looked for a similar question and found the attached image.

if one employee is hired, total production = $80, and total cost = $55

if two employees are hired, total production = $150, and total cost = $110

if three employees are hired, total production = $210, and total cost = $165

if four employees are hired, total production = $260, and total cost = $260

hiring four employees should maximize profits since MC = MR

7 0

3 years ago

A firm always has a competitive disadvantage when its return on invested capital is:_________

Brilliant_brown [7]

Answer:

A firm always has a competitive disadvantage when its return on invested capital is:_________

D. below the industry average.

Explanation:

A firm's competitive disadvantage shows when the return on investment is below the industry average. For instance, let us assume that Niposte, Inc. operates in the paper milling industry and that its return on investment of 10% falls below the industry average of 15%, then one can conclude that Niposte, Inc. is not favored in this industry. The cause of such a situation for Niposte, Inc. may be that the ability of its management to turn revenue into profits for stockholders is hampered with excessive costs. This is because the return on investment is a profitability ratio that shows how Niposte, Inc. and its competitors are performing in terms of generating profit from revenue through efficient management of operating costs.

4 0

3 years ago

Good cash management is an essential job of the financial manager. You own a small auto sales business called King Kars. You sto

nikdorinn [45]

Answer:

Explanation:

The answer to the above question is given in the attached document.

4 0

3 years ago

Read 2 more answers