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Tresset [83]
3 years ago
5

When Florence joins her father’s construction business, she realizes all the transactions are still done and maintained on paper

. What should she do to establish a system where any data can be looked up immediately and transparency can be maintained?
Business
1 answer:
natima [27]3 years ago
6 0

Answer:

She should create a database of company's projects, contractors and customers.

Explanation:

By creating a database within the company, every worker within the company would be able to access any information from that source faster and easier which would lead to a more productive and transparent working environment

You might be interested in
Travis Company purchased merchandise on account from a supplier for $7,500, terms 2/10, net 30 on December 26. Travis Company pa
leva [86]

Answer:

December 26

Dr. Inventory             $7,500

Cr. Account Payable $7,500

December 31

Dr. Account Payable     $7,500

Dr. Discount Received  $150

Cr. Cash                          $7,350

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

Purchase = $7,500

As payment is made within discount period, so the discount will be availed.

Discount = $7,500 x 2% = $150

Payment = $7,500 - $150 = $7,350

7 0
3 years ago
Which of the following statements is(are) true? I. Many firm experience a life cycle characterized by non-constant growth. II. F
Genrish500 [490]

Answer: both I and II are TRUE

Explanation:

Many firm experience a life cycle characterized by non-constant growth. And For non-constant growth firms, stock price is not equal to the present value of all future dividend payments.

7 0
3 years ago
Read 2 more answers
Carmel Corporation is considering the purchase of a machine costing $41,000 with a 8-year useful life and no salvage value. Carm
Andru [333]

Answer:

E. $20,500

Explanation:

The average investment is defined as the average between the initial investment and the salvage value of the equipment.

In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:

AI = \frac{\$41,000+0}{2} \\AI = \$20,500

The answer is alternative E. $20,500

3 0
3 years ago
Karen Austin Inc. has issued three types of debt on January 1, 2020, the start of the company’s fiscal year.(a) $10 million, 10-
icang [17]

Answer:

Explanation:

Yield rate on unsecured bonds=12%

Yield rate on zero coupon bond=12%

Yield rate on 10% mortgage bonds=12%

Total debt value=10m+25m+20m=55m

Weight of unsecured bonds=10/55=0.182

Weight of zero coupon bonds=25/55=0.455

Weight of 10% mortgage bonds = 20/55= 0.363

Cost of debt=0.182*12+ 0.455*12+0.363*12=12%

3 0
3 years ago
In performance appraisal, ______ means that the use of the measure is satisfactory or appropriate to the people who must use it.
inysia [295]

Answer:

Acceptability

Explanation:

Performance appraisal is also called performance review or performance evaluation is the process by which the performance of a person is evaluated based on certain key performance indices.

When appraisals are conducted it must be acceptable to the company's employees to be successful. If employees do not trust the appraisal method then it is bound to fail.

However when employees feel an appraisal is fair they accept the feedback from the process and work to improve their performance.

5 0
3 years ago
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