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4 years ago

13

E. why is it important for the cfo and his/her staff to analyze variances of budget to actual or forecasted to actual amounts, a

nd investigate reasons for significant variances on a timely basis

1 answer:

slamgirl [31]4 years ago

8 0

The answer E. is correct

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Option 4: Threats

Gala2k [10]

<u>Explanation:</u>

Walmart has been increasing its online retail operations and provides more promotions and offers such as free shipping. When Walmart offers product at such low prices compared to Target stores the company is forced to sell its products at competitive prices to stay in the business. To overcome this threat Target stores can also implement its online stores to minimize the threat and stay competitive.

Walmart has increased the business threat for target stores by opening new and convenient stores in the same place where Target stores are located. This reduces the business for Target stores. To be competitive Target stores have to increase its promotional and marketing activities.

7 0

3 years ago

Robert Parish Corporation purchased a new machine for its assembly process on January 1, 2014. The cost of this machine was $315

Lady bird [3.3K]

Answer:

(a) Straight-line depreciation.

depreciation expense per year = ($315,900 - $15,900) / 4 = $75,000

(b) Activity method for 2014 and 2015, assuming that machine usage was 15,000 hours for 2014; 11,710 hours for 2015; 12,150 hours for 2016 and 1,140 hours for 2017.

depreciation expense per unit = $300,000 / 40,000 = $7.50 per unit

depreciation expense 2014 = $7.50 x 15,000 = $112,500

depreciation expense 2015 = $7.50 x 11,710 = $87,825

(c) Sum-of-the-years'-digits.

depreciation expense 2014 = $300,000 x 4/10 = $120,000

depreciation expense 2015 = $300,000 x 3/10 = $90,000

(d) Double-declining-balance.

depreciation expense 2014 = $315,900 x 2 x 1/4 = $157,950

depreciation expense 2015 = $157,950 x 2 x 1/4 = $78,975

depreciation expense 2016 = $78,975 x 2 x 1/4 = $39,487.50

depreciation expense 2017 = $39,487.50 - $15,900 = $23,587.50

6 0

3 years ago

The employee retirement income security act (erisa) is intended to protect only disabled workers who are still too young to reti

Anit [1.1K]

The statement is "false".

The Employee Retirement Income Security Act secures the retirement resources of Americans by executing rules that qualified plans must take after to guarantee design trustees don't abuse plan resources. Under ERISA, plans must provide members with data about arrangement highlights and financing, and outfit data routinely and for nothing out of pocket.

ERISA additionally sets least benchmarks for interest, vesting, advantage collection and subsidizing. The law characterizes to what extent a man might be required to work before getting to be plainly qualified to take an interest in an arrangement, to collect advantages and to have a non-forfeitable appropriate to those advantages. It additionally sets up point by point subsidizing decides that require design patrons to give sufficient financing to the arrangement.

4 0

3 years ago

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo

11111nata11111 [884]

Answer:

Wingate Company

1. Contribution Format

Segmented Income Statement

For the most recent month

East Central West Total

Sales $408,000 $650,000 $580,000 $1,638,000

Variable expenses as a

percentage of sales 208,080 227,500 243,600 679,180

Contribution margin $199,920 $422,500 $336,400 $958,820

Traceable fixed expenses $280,000 $333,000 $204,000 $817,000

Non-traceable fixed expenses 238,000

Net income ($80,080) $89,500 $132,400 ($96,180)

2. The company's net operating loss will decrease by $28,824.

Explanation:

a) Data and Calculations:

WINGATE COMPANY

Income Statement for the most recent month

Sales $1,638,000

Variable expenses 679,180

Contribution margin 958,820

Fixed expenses 1,055,000

Net operating income (loss) $(96,180)

Division

East Central West Total

Sales $408,000 $650,000 $580,000 $1,638,000

Variable expenses as a

percentage of sales 51% 35% 42%

Traceable fixed expenses $280,000 $333,000 $204,000 $817,000

Non-traceable fixed expenses 238,000

West Division:

Traceable fixed costs = $229,000 ($204,000 + $25,000)

Sales revenue = $672,800 ($580,000 * 1.16)

Variable expenses = $282,576 ($672,800 *42%)

1. Contribution Format

Segmented Income Statement

For the most recent month

East Central West Total

Sales $408,000 $650,000 $580,000 $1,638,000

Variable expenses as a

percentage of sales 208,080 227,500 243,600 679,180

Contribution margin $199,920 $422,500 $336,400 $958,820

Traceable fixed expenses $280,000 $333,000 $204,000 $817,000

Non-traceable fixed expenses 238,000

Net income ($80,080) $89,500 $132,400 ($96,180)

2. Contribution Format

Segmented Income Statement

For the most recent month

East Central West Total

Sales $408,000 $650,000 $672,800 $1,730,800

Variable expenses as a

percentage of sales 208,080 227,500 282,576 718,156

Contribution margin $199,920 $422,500 $390,224 $1,012,644

Traceable fixed expenses $280,000 $333,000 $229,000 $842,000

Non-traceable fixed expenses 238,000

Net income ($80,080) $89,500 $161,224 ($67,356)

Decrease in net operating loss = $28,824 ($96,180 - $67,356)

7 0

3 years ago

List and briefly explain five storage management responsibilities of a typical os

ZanzabumX [31]

The five major responsibilities of storage management of OS are
1. Process isolation: OS should be able to secure the individual nature of the memory by not letting it interfere with other memory.
2. Automatic allocation and management: Memory allocation should be done automatically based on the hierarchy and the allocation should be transparent and visible to the owner.
3. Modular Programming Support: Through the memory the module of the program and application must be defined by programmers.
4. Protection and access control: This one refers to the allotment and sharing of the memory at all level of hierarchy and making the program able to use the memory of the other program.
5. Long-term storage: This is the basic need of many programs developed by the programmers.

6 0

4 years ago