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Natasha2012 [34]
4 years ago
8

"When documenting a process, the documentation includes a description of the process’s characteristics and, for functional primi

tives, a process description, which is a model that documents the processing steps and business logic."
Business
1 answer:
Blizzard [7]4 years ago
6 0

Answer:

Standard Operating Procedure (SOP)

Explanation:

SOP is a document in which we document the processing steps and process related all information. So, that all can follow same process which ensures the quality to be standard and not changing with different production lines. It also defines teh business logic behind doing that process and all its steps.

You might be interested in
What is professonal education?​
alexira [117]

Answer:" Professional education is a formalized approach to specialized training in a professional school through which participants acquire content knowledge and learn to apply techniques. Although content is what the participant is expected to learn by attending professional school, such an education also helps the participant acquire the competencies needed for proper practice and behavior."

Explanation:

7 0
3 years ago
James, Inc., has purchased a brand new machine to produce its High Flight line of shoes. The machine has an economic life of 5 y
My name is Ann [436]

Answer:

3,074 units sold or total revenue of $236,698 per year

Explanation:

cost of machine $540,000

depreciation expense per year = $540,000 / 5 = $108,000

contribution margin per unit sold = $77 - $29 = $48

we generally calculate the financial break even point of a business by using the following formula:

= EBIT × (1 - interest expense) × (1 - tax rate) - preferred dividends

But when we are dealing with projects, the financial break even point is the sales level at which the project's NPV = $0. If the sales level is lower, then the project will be rejected, and if the sales level is higher, then it should be accepted.

using an annuity formula, the free cash flow per year needed for the NPV = $0 is $540,000 / 3.8897 (PV annuity factor, 9%, 5 periods) = $138,828.19

$138,828.19 = {[(unit sales x $48) - $108,000] x 0.78} + $108,000

$30,828.19 = [(unit sales x $48) - $108,000] x 0.78

$39,523.32 = (unit sales x $48) - $108,000

$147,523.32 = unit sales x $48

unit sales = $147,523.32 / $48 = 3,073.40 units ≈ 3,074 units sold

3 0
3 years ago
During an interview, Garrett makes sure to keep his palms facing upward. What does this suggest to the interviewer?
kodGreya [7K]
I think its A. That he is Honest
5 0
3 years ago
Read 2 more answers
Blossom Company has the following inventory data: July 1 Beginning inventory 35 units at $22 $770 7 Purchases 124 units at $24 2
LuckyWell [14K]

Answer:

Ending invenory= $1,298

Explanation:

Giving the following information:

July 1 Beginning inventory 35 units at $22 $770

July 7 Purchases 124 units at $24 $2,976

July 22 Purchases 18 units at $26 $468

A physical count of merchandise inventory on July 30 reveals that there are 57 units on hand.

<u>To calculate the ending inventory using the LIFO (last-in, first-out) method, we need to use the cost of the firsts units incorporated into inventory:</u>

Ending inventory= 35*22 + 22*24

Ending invenory= $1,298

5 0
3 years ago
You decide to invest in a bond with a 10% coupon paid semi-annually every February 1st and August 1st. The bond is currently sel
Ksenya-84 [330]

The question is missing an important information. 'The bond is currently selling at an asking price of 101.25' In this part there should have been a date at which date the bond was selling at 101.25.

Nevertheless, I will provide with the calculation, if you find out the date, just plug in the value in it and you will get the answer.

The bond price mentioned is $ 101.25 percent of par, which would be $ 1012.5. Since, it is asking for price at May 1st then you know that it has been 89 days since the last semi-annual coupon was paid ( February 1st (28) + March (31) + April (30)  = 89 days.

The missing date (from the question) will be divided by 89 days. The answer will be added to $1012.5.

3 0
3 years ago
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