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Ostrovityanka [42]
3 years ago
7

You are the IT director at Attaway Airlines, a small regional air carrier. You chair the company's systems review committee, and

you currently are dealing with strong disagreements about two key projects. The marketing manager says it is vital to have a new computerized reservation system that can provide better customer service and reduce operational costs. The vice president of finance is equally adamant that a new accounting system is needed immediately because it will be very expensive to adjust the current system to new federal reporting requirements. The VP outranks the marketing manager, and the VP is your boss. The next meeting, which promises to be a real showdown, is set for 9:00 am tomorrow. How will you prepare for the meeting
Business
1 answer:
Masja [62]3 years ago
4 0

<u>Explanation:</u>

Been the IT director at Attaway Airlines, it will be important to prepare a draft of the advantages and the level of difficulties the new computerized reservation system from an IT perspective.

However, the ultimate goal is not to simply win arguments, but to explain and consider the facts from both the Vice president of finance and the Marketing Manager.

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Landon Corporation was organized on January 2, 2014, with the investment of $120,000 by each of its two stockholders. Net income
PIT_PIT [208]

Answer:

                                              Landon Corporation

                                     Statement of retained earnings

                                for the year ended December 31,2016

                                                                                                    $

Retained Earning on January 1,2016                              =     145,540

Add : Net Income / Less Net loss                                   =     164,950

Less: Dividend                                                                 =     <u> 46,000</u>

Retained earning at December 31,2016                        =    <u> </u><u>264,490 </u>

<u>Working:</u>

Retained Earning on January 1,2014        = $0

Add : Net Income / Less Net loss             = $96,560

Less Dividend                                            =<u> $46,000 </u>

Retained earning at December 31,2014  = <u>$50,560</u>

Retained Earning on January 1,2015        = $50,560

Add : Net Income / Less Net loss             = $140,980

Less Dividend                                            =<u> $46,000 </u>

Retained earning at December 31,2015  = <u>$145,540</u>

8 0
3 years ago
The Flores Family loves to go sailing on the weekends. Mr. Flores has decided to purchase a more spacious sailboat. The sailboat
zavuch27 [327]

Answer:

$367.86

Explanation:

To calculate this, we use the formula for calculating future value annuity (FVA) due as follows:

FV = M × {[(1 + r)^n - 1] ÷ r} × (1 + r) ................................. (1)

Where,

FV = Future value of an annuity or the cost of sailboat =  $20,000

M = Amount of each annuity  or to deposit monthly = ?

r = Monthly interest rate  = 0.06 ÷ 12 = 0.005

n = number of months = 4 years × 12 = 48

Substituting the values into equation (1), we have:

20,000 = M × {[(1 + 0.005)^48 - 1] ÷ 0.005} × (1 + 0.005)

20,000 = M × 54.3683213801713  

Making M the subject of the formula and solve, we have:

M = 20,000 ÷ 54.3683213801713  = $367.86

Therefore, Mr. Flores should deposit $367.86 in this account at the beginning of each month to be able to pay cash for the sailboat in 4 years.

8 0
3 years ago
When compared to a mixed-market economy, a command economy typically has
Alex787 [66]

Correct answer choice is:

<h2>B. more government control over production.</h2><h3>Explanation:</h3>

A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.

<h2 />
4 0
3 years ago
Read 2 more answers
Prepare a three column cash book from de following information
Irina18 [472]
I did it on excel I’m going to show you what I have. If you can’t see it properly zoom in.
3 0
2 years ago
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea
n200080 [17]

Answer:

 Variable overhead efficiency variance $ 8,018 <u> </u>Unfavorable

Explanation:

<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.  </em>

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance  

                                                                                      Hours

2,700 units should have taken (2,700 × 3.20)           8640

but did take  (actual hours)                                   <u>      9,400</u>

Efficiency variance in hours                                      760 unfavorable

standard variable overhead cost per hour           <u>$10.55</u>

Variable overhead efficiency variance                  $<u> 8,018  </u>Unfavorable

 Variable overhead efficiency variance $ 8,018 <u> </u>Unfavorable

8 0
3 years ago
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