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dsp73
3 years ago
14

__________ is also called back-office processes, these are invisible to the external customer but essential to the effective man

agement of the business; these include goal setting, day-to-day planning, giving performance feedback, and rewards.
Business
1 answer:
mrs_skeptik [129]3 years ago
5 0

Answer:

The correct word for the blank space is: Business-facing processes.

Explanation:

Business-facing processes are all those activities engaged by corporations to provide their goods or services to their clientele that are not portrayed to the final user. Those activities involve business planning, employee management, and third-party communications that might imply providing a customer's product.

You might be interested in
April 2 Invested $34,620 cash and equipment valued at $15,500 in the business.
Tems11 [23]

Answer:

General Journal:

April 2:

Debit Cash $34,620

Debit Equipment $15,500

Credit Common Stock $50,120

To record the investment of capital in the business.

April 2: N/A

April 3:

Debit Supplies $771

Credit Accounts Payable $771

To record the purchase of supplies on account.

April 7:

Debit Rent Expense $663

Credit Cash $663

To record the payment of rent for the month.

April 11:

Debit Accounts Receivable $1,202

Credit Service Revenue $1,202

To record services rendered to a client.

April 12:

Debit Cash $2,679

Credit Unearned Service Revenue $2,679

To record the receipt in advance for management consulting.

April 17:

Debit Cash $2,580

Credit Service Revenue $2,580

To record the services rendered to Ferengi Co.

April 21:

Debit Insurance Expense $118

Credit Cash $118

To record the payment of insurance expense.

April 30:

Debit Salaries $1,196

Credit Cash $1,196

To record the payment of salaries for the month.

April 30:

Debit Supplies Expense $131

Credit Supplies $131

To record supplies used.

April 30:

Debit Office Computer $6,293

Credit Common Stock $6,293

To record the purchase of a new computer for office use with personal funds.

Explanation:

General journals are used to record all kinds of business transactions as they occur on a daily basis.  They show the accounts to be debited and the ones to be credited.  They are used to initially record transactions before they are posted to the general ledger.

8 0
3 years ago
What is an action that will not help you activate your network?
neonofarm [45]

Answer:

Help a friend finish her college application

Explanation:

All these actions will help me activate my network :-

  • Ask for an informational interview at your favorite company
  • Get coffee with an alumnus from your high school
  • Read a detailed book about your dream job

Except :-

  • Help a friend finish her college application
8 0
3 years ago
Onofkp411 Corporation has a time contraint on one of its special machines. The company makes three products that use this machin
marta [7]

Answer: $7.20 per minute

Explanation:

Find out the profitability of each product as Contribution Margin per minute.

Magnifico

Contribution margin per minute = (Selling price - Variable cost) / minutes on the constraint

= (335.18 - 259.26) / 7.5

= $10.12 per minute

Bellissimo

= (228.46 - 173.08) / 4.3

= $12.88 per minute

Lovely

= (199.21 - 159.61) / 5.5

= $7.20 per minute

Their least profitable product is $7.20 per minute.

The machine does not have sufficient time to satisfy the needs of Lovely so they will have to pay more to acquire more of the resource but they should not pay anything more than $7.20 per minute as this is their contribution margin for the product. and anything more would result in a loss.

<em>Options are most probably for another variant of the question. </em>

6 0
3 years ago
(Ignore income taxes in this problem.) Clairmont Corporation is considering the purchase of a machine that would cost $150,000 a
djverab [1.8K]

Answer:

a) $133,385 

Explanation:

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator:

Present value each year from year 1 to 5 = $37,000

I = 12%

NPV = $133,385 

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

4 0
3 years ago
W
Alexxandr [17]

Answer:

a).

  • Labor hours productivity=3.500
  • Multi-factor productivity=2.423

b). The reduction in labor hours per employee per week to achieve this goal=15.735 hours

c). The maximum value that the overhead costs per week can be to ensure the multi-factor productivity is at least 1.257=$21,059.666

Explanation:

a).

  • <em>Step 1: Determine the labor hours productivity</em>

Labor output per week=potential leads×fee

where;

potential leads=5% of potential leads, and potential leads=3,000

potential leads=5%×3,000

potential leads=(5/100)×3,000=150

one-time fee=$70

replacing;

Labor output per week=70×150=$10,500

Labor input per week=cost per hour per employee×number of employees×number of hours worked

where;

cost per hour per employee=$25

number of employees=3

number of hours worked=40

replacing;

Labor input per week=25×3×40=$3,000

Labor hours productivity=labor output per week/labor input per week

Labor hours productivity=10,500/3,000=3.500

  • <em>Step 2: Determine the multi-factor productivity</em>

Multi-factor productivity=Generated fees/(labor cost+material cost+overhead cost)

where;

generated fees=number of employees×potential leads×potential ratio×fee

number of employees=3, potential leads=3,000, potential ratio=5%=5/100=0.05, fee=$70

generated fees=3×3,000×0.05×70=$31,500

Labor cost=$3,000

Material cost=$1,000

Overhead cost=$9,000

Total cost=3,000+1,000+9,000=$13,000

replacing;

Multi-factor productivity=31,500/13,000=2.423

b). Increasing the multi-factor productivity (MP) by 10%

New MP=(110/100)×2.423=2.665

New MP=generated fees/labor cost+material cost+overhead cost

labor cost=cost per hour per employee×number of employees×number of hours worked

where;

cost per hour per employee=$25

number of employees=3

number of hours worked=h

labor cost=25×3×h=75 h

material cost=$1,000

overhead cost=$9,000

generated fees=$31,500

New MP=2.665

replacing;

2.665=31,500/{(75 h)+(1,000)+(9,000)}

2.665=31,500/75 h+10,000

2.665(75 h+10,000)=31,500

199.875 h+26,650=31,500

199.875 h=31,500-26,650

199.875 h=4,850

h=4,850/199.875

h=24.265

New labor hours=24.265 hours per week

Initial labor hours=40 hours per week

Reduction in labor hours=Initial labor hours-new labor hours

Reduction in labor hours=(40-24.265)=15.735

The reduction in labor hours per employee per week to achieve this goal=15.735 hours

c). Using a multi-factor of 1.257

MP=generated fees/labor cost+material cost+overhead cost

where;

MP=1.257

generated fees=$31,500

Labor cost=$3,000

Material cost=$1,000

Overhead cost=c

replacing;

1.257=31,500/(c+3,000+1,000)

1.257=31,500/c+4,000

1.257(c+4,000)=31,500

1.257 c+5,028=31,500

1.257 c=31,500-5,028

1.257 c=26,472

c=26,472/1.257=21,059.666

The maximum value that the overhead costs per week can be to ensure the multi-factor productivity is at least 1.257=$21,059.666

8 0
3 years ago
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