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atroni [7]
3 years ago
8

Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems

manager?A) Developing a system to bill customers, pay suppliers, and track inventoryB) Costing of productsC) Setting credit policiesD) Determining the appropriate pricing of products
Business
1 answer:
ryzh [129]3 years ago
4 0

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

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Barney decides to quit his job as a corporate accountant (which pays $10,000 a month) and go into business for himself as a cert
Orlov [11]

Answer:

Accounting Profit = $11,875

Economic Profit = $1,575

Explanation:

income from job = $10,000 /month

Rent which could have been earned = $300 /month

Office supplies = $75 /month

Increase in electricity bills = $50 /month

Income from home = $12,000 /month

(a) Accounting profit = Income - Costs

                                  = $12,000 - ($75 + $50)

                                  = $11,875

(b) Economic profit = Accounting profit - Opportunity cost

                                = $11,875 - ($10,000 + $300)

                                = $1,575

5 0
2 years ago
Shackleford corporation net income this year is $800,000. The company generally retains 35% of net income for reinvestment. the
ZanzabumX [31]

Answer:

A. $22.61

Explanation:

First,

find the growth rate(g);

g = ROE *retention  rate

retention  rate = 35%

ROE = Net income/value of equity

ROE = 800,000/5,000,000 = 0.16

Therefore, g = 0.16*0.35

g =0.056 or 5.6%

Price = \frac{D0(1+g)}{(r-g)}

D0 = Recently paid dividend

g = growth rate

r = required return

Price = \frac{1.37(1.056)}{0.12-0.056} \\ \\ =\frac{1.44672}{0.064} \\ \\ =22.605

Therefore, the value of this stock is $22.61

4 0
3 years ago
Ben attended a workshop hosted by SCORE, a SBA organization that counsels small-business owners on developing a good vision stat
Zielflug [23.3K]

Answer:

what the company wants to become, and its long-term direction and strategic intent

Explanation:

Vision statement is a long term road map of the direction a business needs to take in order to achieve its set goals and objectives. It usually undergoes little revision.

However the short term operational processes are constantly reviewed to make the business better align with long term goals as stated in the vision statement.

In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent

8 0
3 years ago
So I want to say that I want to be a police or an FBI but also want to be a business woman what do I do or what do I need to kno
tangare [24]
If u are good at communicating and u are good at making decisions be a businesswomen. if ur good in history and u do a sport and can be alert be a police officer. follow ur gut don’t feel pressured and than regret taking it. remember people still don’t know their major in college so don’t rush.
6 0
3 years ago
Quantity demanded price quantity supplied 45 $10 77 50 8 73 56 6 68 61 4 61 67 2 57 refer to the data. suppose quantity demanded
saul85 [17]

a. When the demand increases by 12 units, the equilibrium price rises to $6.2093 and the equilibrium quantity rises to 67.7442 units.

b. The price elasticity of supply (PES) at equilibrium is 0.20. Since the price elasticity is less than 1, we conclude that supply is inelastic.

From the given data, we can see that the equilibrium price is $4 and the equilibrium quantity is 68 units.

If the demand increases by 12 units at each point of price decline, the demand equation will be :

Qd = 105 - 6P

and the supply equation will be:

Qs = 51.6 + 2.6P

Since Quantity demanded and supplied are equal at equilibrium, we can equate the demand and supply equations and solve for price (P). Equating the two equations above, we get,

105-6P = 51.6 +2.6P

53.4 = 8.6P

P = $6.2093

Substituting the value of P in the demand equation, we get,

Qd = 105 - (6*6.2093)

Qd = 105 - 6P

Qd = 67.7442 units

b. Calculation of Price Elasticity of supply at equilibrium level.

P₀ = $4

Q₀ = 61

P₁ = $6.2093

Q₁ = 67.7442

% change in quantity = [ (Q_1 - Q_0) / Q_0 ] * 100

% change in quantity = 11.05607%

% change in price = [ (P_1 - P_0) / P_0 ] * 100

% change in price = 55.2325%

Price Elasticity of Supply (PES):

PES  = % change in quantity / % change in price

PES = 11.05607% / 55.2325%

PES = 0.20

8 0
3 years ago
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