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3 years ago

What is one course of action available in every problem solving process

1 answer:

8 0

You must consider both consequences, the positive and the negative. Then you must think of a way that you will have a win-win situation or just do the compromising to be able to solve the problem and have a faster solving process.

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Ten years ago a corporation purchased a building for $160,000. at that time, the corporation felt that the building was worth

Alla [95]

The building should be recorded in the corporation's account records as $405,000 because of it's assessed value for property tax purposes. The worth of the building ten years ago as well as the amount the corporation paid for it at that time no longer matters, and the current market value of the building also does not matter if the building is not being sold.

8 0

3 years ago

Frames, Inc. manufactures, produces, and sells picture frames. The frame sells for $25 and the variable operating costs per unit

astraxan [27]

Answer:

D) $320,000

Explanation:

We are given the following information:

unit price = $25 per frame
variable costs = $12 per frame
fixed costs = $50,000 for 25,000 frames or $2 per frame

If Frames is able to sell 30,000 frames in one month, their operating income should be:

Total sales revenue $750,000 (= $25 per frame x 30,000 frames)

COGS -$430,000 [= (30,000 x $12) + $70,000]

Gross operating profit $320,000

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3 years ago

The management of Log Cabin Inc. allows employees to participate in decision making, maintains transparency of certain business

RideAnS [48]

Answer:

Management by objectives

Explanation:

Management by objective, also called management by result, allow employees' to participate in decision making with a focus on achieving set business results. Management by objective is result oriented.

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4 years ago

Assume that Ms. Sawyer's salary is $70,000, up from $60,000 last year, while the CPI is 120 this year, up from 100 last year. Th

Alex17521 [72]

Assume that Ms. Sawyer's salary is $70,000, up from $60,000 last year, while the CPI is 120 this year, up from 100 last year. This means that Ms. Sawyer's real income has decreased since last year.

CPI is a statistical estimate generated from the price of a sample of representative items that are priced on a regular basis. Sub-indexes and sub-sub-indexes are calculated for different categories and subcategories of goods and services and are combined to create an overall index with weights that reflect the share of total consumer spending covered by the index.

This is one of several price indexes calculated by most National Statistics Bureaus. The annual rate of change in the CPI is used as an indicator of inflation. CPI can be used to index the actual value of wages, salaries and pensions (that is, to adjust for the effects of inflation).

Regulate the price. It then shrinks the monetary size to show the actual change in value. In most countries, the CPI, along with the census, is one of the most widely followed national economic statistics.

Learn more about CPI here: brainly.com/question/1889164

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6 0

2 years ago

Breakeven analysis: Barry Carter is considering opening a music store. He wants to estimate the number of CDs he must sell to br

Scilla [17]

Answer and Explanation:

The computation is shown below:

a. The operating break even point in number of CD is

= Fixed operating cost ÷ (Selling price per unit - variable operating cost)

= $73,500 ÷ ($13.98 - $10.48)

= 21,000 CDs

b. Now the total operating cost is

= Fixed cost + Quantity × variable cost per unit

= $73,500 + 21,000 CDs × $10.48

= $293,580

c. If he can sell 2,000 CDs per month than annual sale is 24,000 CDs and the break even is exceeded than 3,000 CDs by taking a difference of 24,000 CDs and 21,000 CDs . So, it should go to the CD business

d. Now the EBIT is

= (Selling price × Quantity) - Fixed cost - (Variable price × Quantity)

= ($13.98 × 24,000) - $73,500 - ($10.48 × 24,000)

= $335,520 - $73,500 - $251,520

= $10,500

We simply applied the above formulas

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4 years ago