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3 years ago

A balanced scorecard approach creates goals in four key performance areas and assesses ________.

1 answer:

8 0

A balanced scorecard approach creates goals in four key performance areas and assesses financial, customer, internal processes, and people. A balanced scorecard helps train employees and lets them know what they will be evaluated on. KPI helps them plan and assess performance and gives the employees a way to help the overall company performance.

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On september 12, vander company sold merchandise in the amount of $5,800 to jepson company, with credit terms of 2/10, n/30. the

kirill115 [55]

Dang I used to know this but I completely forgot I will try to answer if it comes back to me

7 0

3 years ago

Read 2 more answers

Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00

IRISSAK [1]

Answer:

10.38%

Explanation:

From the question above a bank offers to lend an amount of $10,000 for a period of 1 year

The bank expects an interest of $250 to be paid every 4 months

= $250×4

= $1,000

Total amount of interest= $1,000

The first step is to calculate the nominal interest

= (1000/10,000)×100

= 0.1×100

= 10%

Therefore, the effective annual rate on the loan can be calculated as follows

= (1+r/m)^m-1

r = 10% , m = 4

= [1+(10/100)/4]^-1

=[ (1+0.1/4)^4]-1

= (1+0.025^4)-1

= (1.025^4)-1

= 1.1038-1

= 0.1038×100

= 10.38%

Hence the effective annual rate in the loan is 10.38%

6 0

3 years ago

4)which of the following is correct when bad debt expense is recorded at year-end? b) net accounts receivable will decrease.

fiasKO [112]

Bad debt expense is an operating expense. An increase in operating expenses decreases income from operations.

When a receivable is no longer collectible as a result of a customer's inability to pay an outstanding debt due to bankruptcy or other financial issues, a bad debt expense is recorded. Companies that offer credit to their customers record bad debts as an allowance for doubtful accounts, also referred to as a provision for credit losses, on their balance sheet.

The basic idea behind bad debt expense is the same as that behind all accounting principles: it enables businesses to completely and accurately report their financial position. Almost every business will encounter a customer who is unable to pay at some point, and they will need to record a bad debt expense.

Learn more about bad debt here:

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#SPJ4

5 0

1 year ago

hen Target sells winter coats, it sends them to stores at different times of the year. This is an example of ________. Group of

satela [25.4K]

Answer:

Climate segmentation

Explanation:

Climate segmentation -

It refers to the practice of focusing a particular weather , in order to sell goods and services according to the respective climate , is referred to as Climate segmentation .

In this method potential people are targeted on the basis of the requirement of goods for a particular weather .

Hence , from the given scenario of the question ,

The correct answer is Climate segmentation .

3 0

3 years ago

Harris corporation produces a single product. last year, harris manufactured 27,970 units and sold 22,200 units. production cost

Dovator [93]

The Contribution Margin per unit (CM) can be calculated from the difference of Selling Price per unit (SP) and Total Expenses per unit (TE).

First, let’s calculate the value of SP:

SP = Sales / Units sold

SP = $1,043,400 / 22,200 units sold

SP = $47

Second, calculate all expenses:

Direct materials per unit = $234,948 / 27,970 units manufactured = $8.4

Direct labor per unit = $131,459 / 27,970 units manufactured = $4.7

Variable manufacturing overhead per unit = $240,542 / 27,970 units manufactured = $8.6

Variable selling expenses per unit = $113,220 / 22,200 units sold = $5.1

TE = $26.8

Therefore the CM is:

CM = SP – TE

CM = $47 - $26.8

CM = $20.2 per unit

6 0

3 years ago