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valentinak56 [21]
3 years ago
7

If you want to support business operations, you will focus on building a strong information MIS infrastructure, which identifies

where and how important information, such as customer records, is maintained and secured.True / False.
Business
1 answer:
nekit [7.7K]3 years ago
7 0

Answer:

TRUE

Explanation:

It is true that if you want to support business operations, you will focus on building a strong information MIS infrastructure, which identifies where and how important information, such as customer records, is maintained and secured.

A Management Information System (MIS), collects data from many different sources and then processes and organizes that data <u>to support businesses in making decisions.</u>

Most recently, technology and <u>data collection are so prevalent that businesses large and small are using Management Information Systems to improve their outcomes. </u>

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ou are considering implementing a lockbox system for your firm. The system is expected to reduce the collection time by 3 days.
Taya2010 [7]

The net present value of this lockbox arrangement is $1,205,378.06.

Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:

  • ((1370 x 880) x 1.0001) - (1370 x 0.25) = X
  • 1,205,720.56 - 342.5 = X
  • 1,205,378.06 = X

Therefore, the net present value of this lockbox arrangement is $1,205,378.06.

Learn more about maths in brainly.com/question/25903947

5 0
2 years ago
Roth Service Co. experienced the following transactions for 2018, its first year of operations: Provided $80,000 of services on
Stels [109]

Answer and Explanation:

a. The preparation of income statement is shown below:-

                               Income Statement

Service revenue                               $80,000

operating expenses  

Salary expenses           $28,000

Uncollectible accounts

expense                        $3,273

Total operating expense                   $31,273

Net income                                         $48,727

Working Note :-

Days       Amount     Percentage     Allowance balance

Current   $16,800       0.01                  $168

0-30         $5,100        0.05                 $255

31-60       $4,000        0.10                  $400

61-90       $2,000        0.30                 $600

Over 90

days         $3,700       0.50                  $1,850

Total        $31,600                                $3,273

b. The computation of net realizable value of the accounts receivable is shown below:-

Net realizable value = Accounts receivable - Allowance for doubtful accounts

= ($80,000 - $48,400) - $3,273

= $31,600 - $3,273

= $28,327

4 0
3 years ago
A local candidate running for office would very much like to have your vote. She promises that she will "make the country better
tia_tia [17]

Answer:

Something to exchange is missing

Explanation:

Marketing is the term which is defined as the procedure of interesting the potential customers as well as clients in the products and the services. The process of marketing involves the distributing, promoting, researching and selling the products and services.

So, in the process of marketing there is exchange process which take place among the client and the company.

In this case, the marketing will not happen or occur in this condition or situation as there is nothing to exchange or exchange is missing.

5 0
3 years ago
The lack of competition within a monopoly means that
nexus9112 [7]
The company could make the prices as high as they want. This is also means the company basically rules the business.
5 0
3 years ago
Read 2 more answers
An investor seeking tax advantages through an oil and gas dpp. with this type of partnership he would expect to benefit most fro
Olenka [21]

The answer is<u> "depreciation allowances and tax credits."</u>


Depreciation allowance refers to a sum that can be removed a business' benefit figure while ascertaining charge, to take into account the way that an advantage has lost piece of its incentive amid a specific time frame.  

An tax credit is a measure of cash that citizens can subtract from charges owed to their legislature. The estimation of a tax credit relies upon the idea of the credit; certain sorts of expense credits are conceded to people or organizations in particular areas, orders or ventures.

5 0
3 years ago
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