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3 years ago

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

1 answer:

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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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The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fans and casual

Reika [66]

Answer:

B) $125,000

Explanation:

Price discrimination strategy refers to charging each customer the maximum amount of money he/she is willing to pay for a product.

In this case, the concert promoters should charge $150 per ticket to 1,000 die hard fans = $150,000 in revenue.

Then it should charge only $50 per ticket to 500 casual fans = $25,000 in revenue.

Total revenue = $150,000 + $25,000 = $175,000

minus total costs = ($50,000)

Net income = $125,000

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3 years ago

It took podcasts about 8 years to reach 1 billion downloads True or False

harina [27]

True because many people have different styles so might like different things do it can be hard to make something many people like

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2 years ago

Moorcroft Company’s budgeted sales and direct materials purchases are as follows:

SashulF [63]

Answer:

Moorcroft Company

a) A Schedule of Expected Collections from Customers for June:

June Sales - 40% of $407,000 cash = $1,628,000

June Sales - 20% of 60% of $407,000 = $48,840

May Sales - 50% of 60% of $292,000 = $87,600

April Sales - 26% of 60% of $327,000 = $51,012

Total = $1,815,452

b) A Schedule of Expected Payments for Direct Materials for June:

June Purchases - 50% of $61,000 cash = $30,500

May Purchases - 40% of 50% of $51,000 = $10,200

April Purchases - 60% of 50% of $42,000 = $12,600

Total = $53,300

c- i)A Schedule of Expected Collections from Customers for June:

June Sales - 40% of $407,000 cash = $1,628,000

June Sales - 30% of 60% of $407,000 = $73,260

May Sales - 50% of 60% of $292,000 = $87,600

April Sales - 18% of 60% of $327,000 = $35,316

Total = $1,824,176

ii) These changes increased cash collections from $1,815,452 to $1,824,176, an increase of $8,724.00

iii) The uncollectible of credit sales was halved, reducing from $9,768 (4% of 60% of $407,000) to $4,884 (2% of 60% of $407,000) for June sales for example.

iv) It is certainly worth paying the collector $1,000 or more per month.

d-i) A Schedule of Expected Payments for Direct Materials for June:

June Purchases - 40% of $61,000 cash = $24,400

May Purchases - 40% of 60% of $51,000 = $12,240

April Purchases - 60% of 60% of $42,000 = $15,120

Total = $51,760

ii) The changes reduced the cash payments for June from $53,300 to $51,760, a difference of $1,540.

Explanation:

a) When sales are made on credit, the finances of the entity will be impacted. While credit sales encourage more sales, there is the risk of uncollectible debts and short-term funding crisis due to non-receipt of payment from customers.

b) To manage this, companies introduce some incentives to encourage early payment, like cash discount. They may also formalize the debt with a note receivable. The note can also be sold for immediate cash.

c) Employing a collector to pursue receivables may be in the best interest of a company. The collector intensifies pressure on the customers to pay.

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4 years ago

Need help 1.-10. A.-J.

Masteriza [31]

1. The Party ordered to pay a draft is the drawee

2. Instruction that directs a bank not to pay a check that has been lost or stolen is a stop payment order.

3. Party to whom commercial paper is made available is the payee.

4. Unconditional written order by one person that directs another person to pay money to a third person is a bill of exchange.

5. Type of draft by which a bank depositor orders the bank to pay money, usually to the order of a third party or to the bearer of the instrument is a check.

6. Person who executes or draws the draft and orders payment be made is the drawer.

7. The drawee's promise to pay the draft when due is called acceptance.

8. Unconditional written orders or promises to pay money are called commercial paper.

9. To refuse to pay when due is called dishonor.

10. The person who executes a promissory note is the maker.

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3 years ago

A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities Beginning of th

xenn [34]

Answer:

Hence, the net income earned or net loss incurred by the business during the year $102,340.

Explanation:

3 0

3 years ago