Answer:
a. Reduces the chances that the IRS will make mistakes when inputting tax return information.
Explanation:
Electronic filing simply has to do with the storage of business data on a computer system. It is way safer than filing on paper because these files can be stored and they have backup systems for them too. These systems gives a way of managing such files by organizing, updating, storing and retrieving the files whenever it is necessary.
Option a is the best answer for This question as it points out one of the many advantages of such a system.
Answer:
a. ZTech will have a higher operating leverage because it has a higher fixed cost.
b. ZTech will have a higher profit since it has a higher operating leverage if the economy strengthens.
Explanation:
Operating leverage measures the the extent to which a firm uses fixed cost to finance its operations. The higher the fixed cost, the higher the degree of operating leverage
If the economy strengthens, the firm with a higher degree of operating leverage earns a higher profit.
Answer:
Rare
Explanation:
VRIO Analysis is an analytical technique for the evaluation of company's resources and thus the competitive advantage. VRIO comes from the initials of the evaluation dimensions: Value, Rareness, Imitability, Organization.
A resource is rare simply if it is not widely possessed by other competitors. When a firm has valuable resources that are rare in the industry, they are in a position of competitive advantage over firms that do not have the resource.
Answer:
Common stock represents the most basic form of a company's ownership and includes voting rights and dividends, if and when a firm elects to pay dividend
Explanation:
Common stock is a form of a company's ownership because common stockholders are legal owners of a company. They have voting rights but their dividends may not be paid. They are entitled to residual profit after the company has settled the claims of bond holders and preferred stockholders. They bear the highest risk in the event of liquidation of a company.
