All categories

3 years ago

How are information systems transforming business and why are they so essential for running and managing a business today?

1 answer:

3 0

They are very important because there are so much intern and extern information that you can not handle them without any structured concept. That is the job of information systems.

You might be interested in

Fax machines, voice mail, electronic mail, and electronic conferencing are all examples of

snow_tiger [21]

They are forms of Communication.

5 0

3 years ago

Use the following method to calculate the yearly depreciation allowances and book values for a firm that has purchased $150,000

Dafna1 [17]

Answer:

a. Straight Line Method Depreciation= $ 2400

b. MACRS

c. Sum-of-Years' Digits

Explanation:

a. Straight Line Method Depreciation=

Purchase Cost- Salvage Value/ No of useful life *depreciation rate

=$ 150,000- $30,000/10 * 20%

=120,000/10* 20%= 12000* 20/100=$ 2400

b. MACRS

Since it is a non-form 10-year property, the company can elect to use either the 150% or 200% declining balance method.

Depreciation in 1st Year = Cost × 1/Useful Life × A × Depreciation Convention

Depreciation in Subsequent Years =

(Cost − Depreciation in Previous Years) × 1/ Recovery Period × A

Where,

A is 100% or 150% or 200%.

Depreciation for the the first year $ 150,000/10 *200%= $30,000

Depreciation for the the 2nd year =$ 150,000-30,000/10 *200%= $24,000

Depreciation for the the third year =$ 150,000-30,000- 24000/10 *200%

=$ 19,200

Depreciation for the the 4th year $ 150,000-30,000-24000-19200/10 *200%= Note A

Note A: MACRS declining balance changes to straight-line method when that method provides an equal or greater deduction. Deduction under 200% declining balance MACRS for 4th year would be $ 153,600 ($150000 - $30,000 - $24000 - $19200 × 1/10 × 200%. This is greater than depreciation under straight line method .

c. Sum-of-Years' Digits Method Depreciation

Depreciation Amount = Acquisition Cost - Salvage Value = $ 120,000

Sum of useful life= 10+9+8+7+6+5+4+3+2+1= 55

Depreciation Factor = 10/55, 9/55, 8/55, 7/55 etc.

Depreciation for the 1st year= 10/55* 120,000= $ 21,818.2

Depreciation for the 2nd year= 9/55* 120,000= $ 19 636.4

Depreciation for the 3rd year= 8/55* 120,000= $17,546

Depreciation for the 4th year= 7/55* 120,000= $ 15,273

Depreciation for the 5th year= 6/55* 120,000= $ 13,091

Depreciation for the 6th year= 5/55* 120,000= $ 10,909.1

Depreciation for the 7th year= 4/55* 120,000= $ 8727.3

Depreciation for the 8th year= 3/55* 120,000= $ 6545.5

Depreciation for the 9th year= 2/55* 120,000= $4363.63

Depreciation for the 10th year= 1/55* 120,000= $ 2181.81

3 0

3 years ago

Which of the following are ways to develop a better social network:

Alex

Answer:

The ways to develop a better social network is to:

C. Maximize homophily

D. Invest in relationships that extend your expertise

E. Develop connections with powerful others

Explanation:

Maximizing homophily refers to the tendency to have positive ties with individuals who are similar in socially significant ways. Engaging regularly or hanging out with your kind is a good way to develop better social network.

Investing in relationships that extends your expertise is a proactive way of breaking new grounds and connecting with people that are ahead of you in a cordial manner. More like a mentor-mentee approach.

Developing connections with powerful others opens up the gate to the elite social community which will deepen your social network.

7 0

3 years ago

Your firm is considering a project that will cost $ 4.548 million up front, generate cash flows of $ 3.50 million per year for

Alika [10]

Answer:

(a) It will have multiple IRRs

(b) The MIRR calculated is 10.18% . Going by MIRR result , this project will only generate returns that is equal to cost of capital(10%) .If there are other avaible more viable projects, it should be rejected ( Please see attached computation).

Explanation:

(a) The multiple IRRs occurs when cash flows change sign and result in more than one value for the IRR.

Application of IRR to value an investment is only suitable when the project has normal cash flows, i.e a negative initial cash flow (i.e initial investment) followed by a series of positive cash flows.

In this scenario, we have negative cash flow of $6m in year 4 which occured after positive cash flow of $3.5m per year from year 1 to 3. This typically make IRR unreliable. To overcome this limitation , we can use Modified Internal Rate of Return (MIRR)

(b) Please see attached for more details.

Download xlsx

4 0

3 years ago

In order to solve abb's problem, the company needed a new technology that could ______

IrinaK [193]

In order to solve abb's problem, the company needed a new technology that could change the companies organizational culture. In many cases, changing how an organization runs and treats their employees gives them advantages to tailor ideas to what fits their employees best. When the culture of an organization aligns their values with the employees there is better work and ideas forming.

4 0

3 years ago