Answer:
Financial analysis can be understood as the process of assessing the productivity and appropriateness of firms, initiatives, finances, and other financial activities. Financial analysis is often done to determine whether or not a company is secure, stable, liquid, or lucrative enough to support a financial investment.
A weighted grading method (also known as a weighted scorecard) is a project management approach for weighting various decisions, such as prioritising project tasks, prioritising product component creation, acquiring new equipment, and so on.
Answer:
Probing
Explanation:
Probing is the term which is defined as the examine thoroughly, search into, ask the question closely and to explore with the probe.
For example, Asking What do think will happen?, Why do think this is the case and What sort of impact do you think?
So, in this case, Danielle who asked questions which are close ended as well open ended and she also asked some greater depth of the information regarding the process. Therefore, she probably uses the probing questions.
Answer:
The answer is:
- Better customer satisfaction
- Greater employee job satisfaction
Explanation:
The advantages of work teams include
- <u>better customer satisfaction</u> and
- <u>greater employee job satisfaction</u>.
<u>Better customer satisfaction:</u>
Work teams can be trained to meet the needs of specific customers. Teams also help to improve the product and service quality in different ways and also take direct responsibility for their products and services. All these help to improve customer satisfaction.
<u>Greater employee job satisfaction:</u>
Team work helps the employees in work teams to improve their skills through cross training. Their capabilities also increases and makes their work more interesting. All these help to increase job satisfaction. They also enjoy job satisfaction through unique job responsibilities acquired through work teams. Social loafing is a disadvantage of work teams and they also have the disadvantage of initial high employee turnover.
Answer:
Dr retained earnings($21,600+$15,800) $37,400.00
Cr accumulated depreciation $21,600
Cr inventory $15,800
Explanation:
The errors that require adjustment are the overstatement and understatement of depreciation expense as well as the December 2021 overstatement of inventory.
The understatement of inventory in 2020 would have self-corrected itself in 2021 since closing inventory in 2020 deducted from costs of goods available for sale would be introduced as opening inventory in 2021.
net effect of depreciation=understatement -overstatement=$37,500-$15,900=$21,600.00
hence retained earnings would reduce by $21,600.00
for the overstatement of inventory,retained earnings would reduce by $15,800
Answer: a. $120,000
b. $6,000
c. Yes
Explanation:
a. It is said that the collection centres would help reduce the collection time by 2 days and that every day $60,000 comes in.
If the proposal will reduce the amount of time taken to collect by 2 days then that means that the amount freed up is the amount that they would have collected in two days had it not been for the system.
That amount would be,
= $60,000 * 2
= $120,000
b. If they used this free up cash to pay off a debt that was accumulating 5% per year then the 5% will be saved.
The amount saved therefore is,
= 120,000 * 5%
= $6,000
By retiring a $120,000 that was accruing $6,000 a year, the proposal has enabled that $6,000 to be saved instead.
c. The cost of implementing this proposal is $5,200 per year and yet the savings it gives in interest is $6,000.
As the savings are higher than the cost, the number definitely suggest that the project should be implemented because it is more beneficial than it costs.
