Answer:
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.
Answer:
Job rotation is beneficial to the company in terms of productivity and would reduce the leave of absence workers in Hershey Foods production facility.
It would promote flexibility of employees and keep employees interested into staying with the company/organization which employs them as well as taking their designated tasks seriously.
The right answer for the question that is being asked and shown above is that: "<span>c. Accounts Receivable will be overstated by $7,500. " </span>If an adjustment for $7,500 in accrued revenues is omitted, the affect that the financial statements is that a<span>ccounts Receivable will be overstated by $7,500. </span>
Answer:
30005
Explanation:
Total Revenue equals price multiple to the quantity produced.
Total Profit= Total Revenue -Total Cost= P*Q- (Variable costs +Fixed Costs)
If we considered TR=P*Q,
in the first period it will be: TR=P*Q=6000*5=30000
in the second period it will be= TR=P*Q= 6001*5=30005
Answer:
Instructions are listed below
Explanation:
Giving the following information:
The Variable unitary cost= $37 each.
The fixed costs are $70,000.
The selling price for each product is $72.
1) revenue function= P*X
Revenue function= 72*x
Option E
2) Profit function= (P-Vc)*X-Fc
Profit function= 35*x-70000
Option B
3) break-even quantity= fixed costs/contribution margin
break-even quantity= 70000/35= 2000 units
Option D
4) break-even point ($)=fixed costs/contribution margin ratio
Contribution margin ratio= contribution margin/P= 0,49
break-even point ($)=70000/0,4861111= $144000
