All categories

4 years ago

What is the main advantage of an electronic database

1 answer:

6 0

Advantages of EDP. Electronic Data Processing (EDP) is the digital management of databases, typically stored on a shared server and allow simultaneous access to all parties. There are several distinct advantages to employing EDP: Speed

You might be interested in

The first step a domestic firm takes when entering an international arena is usually to create an international division.

vodomira [7]

Answer:

The answer is: False

Explanation:

Whenever a company wants to go international it has a lot work to do before creating an international division. Several things must be done before, mostly research, for example:

Research if your product is know overseas, is there any possible market for it, are there any restraints for your products in those new markets.
Any legal constraint or logistical problem you have to consider.
Any local competition you have to worry about.
Does your product fit in a new culture.
And very many etceteras.

That should all be done before considering spending money on creating an international division.

Probably when the internet didn´t exist, communications were scarce, no Tv existed, people in one country didn´t know anything about other cultures, etc., a comp nay would have first created an international division to scout foreign markets but right now it doesn´t make sense.

4 0

4 years ago

Umatilla Bank and Trust is considering giving Pohl Company a loan. Before doing so, it decides that further discussions with Poh

pantera1 [17]

Answer:

That it equally 2000

Explanation:

8 0

3 years ago

Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and me

vazorg [7]

Answer:

Budgeted amounts: June July August

1. Purchases $1,480,000 $1,570,000 $1,220,000

2. Cost of goods sold $1,240,000 $1,770,000 $1,190,000

Explanation:

The computations are shown below:

Budgeted amounts: June July August

Ending accounts payable $130,000 $300,0000 $120,000

Payments on account $1,500,000 $1,400,000 $1,400,000

Subtotal $1,630,0000 $1,700,000 $1,520,000

Beginning accounts payable ($150,000) ($130,000) $300,000)

Purchases $1,480,000 $1,570,000 $1,220,000

Budgeted amounts: June July August

Beginning inventory $260,000 $500,000 $300,000

Purchases $1,480,000 $1,570,000 $1,220,000

Cost of goods available for sale $1,740,000 $2,070,000 $1,520,000

Ending inventory (500,000) (300,000) (330,000)

Cost of goods sold $1,240,000 $1,770,000 $1,190,000

7 0

3 years ago

abby is marketing consultant who specializes in small businesses. her current client is very interested in estimating the costs

Anton [14]

Answer:

below the break even point, the firm is losing money.

Explanation:

The break even point is the output level at which the firm's revenue equals its costs. Above this level, the firm is operating at a profit, below this level, the firm is operating at a loss.

The formula for calculating break even point in units produced is:

break even point in units = total fixed costs / contribution margin per unit

6 0

3 years ago

A closed-end fund starts the year with a net asset value of $22. By year-end, NAV equals $23.10. At the beginning of the year, t

guajiro [1.7K]

Answer:

a. Rate of return is 4.81%

b. He will receive the same return of 4.81% percent as the fund manger have.

Explanation:

Start of the year NAV = $22 x 103% = $22.66

End of the year NAV = $23.10 x 0.92 = $21.25

Change in Price = 21.25 - 22.66 = - $1.41

Rate of Return = (( Change in NAV + Distribution received ) / start of the year NAV) x 100

Rate of Return = (( -$1.41 + $2.5 ) / 22.66 ) x 100

Rate of Return = 4.81%

He will receive the same return of 4.81% percent as the fund manger have.

4 0

3 years ago