1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irina1246 [14]
3 years ago
10

You created a financial model for a pitchbook being presented tomorrow to a potential new client. While reviewing the final vers

ion of the presentation, you realize the results are incorrect. Write an email to your supervisor explaining the situation and your recommended solution. Please start with the subject line of the email.
Business
1 answer:
sashaice [31]3 years ago
6 0

Explanation:

A pitchbook is confidential document. It is basically a sales document, used by the sales force, which contains main features or attributes of the firm, the potential of the firm and the future aspects of the firm in detail.

So keeping the given question in mind, I would write to my supervisor as follows:

Subject: Assistance Required

Body:

Dear Sir,

By reviewing the whole document finally, which is to be presented to the client tomorrow, I found some mistakes in the results. I came to know that the results are incorrect and are surely needed to be corrected before the presentation.

I recommend you to delay the meeting for 3 hours by the scheduled time, as i need to check and correct the whole figures again and this would take time.

I am looking forwards for your advice.

Best Regards

You might be interested in
A recently issued FASB standard requires that companies recognize revenue when goods or services are_____to customers for the am
tensa zangetsu [6.8K]

Answer:

Transferred.

Explanation:

FASB is an acronym for Financial Accounting Standards Board. The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors. It was founded in 1972 but began operations fully on the 1st of July, 1973 by replacing the Accounting Principles Board (APB) and American Institute of Certified Public Accountants (AICPA).

A recently issued FASB standard known as the core revenue recognition principle, requires that companies recognize revenue when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or services.

6 0
3 years ago
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
earnstyle [38]

Answer:

Total cost= $2,040

Explanation:

Giving the following information:

Total machine-hours 30,000

Total fixed manufacturing overhead cost $ 252,000

Variable manufacturing overhead per machine-hour $ 2.10

Job T687:

Total machine-hours 30

Direct materials $675

Direct labor cost $1,050

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (252,000/30,000) +2.1= $10.5 per machine-hour

Now, we can calculate the total cost of Job T687:

Total cost= direct material + direct labor + allocated overhead

Total cost= 675 + 1,050 + (10.5*30)= $2,040

3 0
3 years ago
A student makes the following​ argument: ​"A price floor reduces the amount of a product that consumers buy because it keeps the
Fed [463]

Answer:

The answer is: Yes, the student is right.

Explanation:

Some industries, especially agriculture, work on some unique ways due to their complexity. For instance, the government sets the price floor and the price ceiling for the main crops produced in the country. In order to do this, the government owns and manages huge warehouses and silos.

When the production of crops is higher than usual, the price of that crop will tend to drop because of excessive supply. The government then buys the crop to put a price floor and takes the overstock to its warehouses. That enables the government to control the market so that farmers get a "fair price" for their crops. If the government didn´t do anything, farmers would lose a lot of money and their customers (agricultural corporations) would probably overstock. That at the same time would cause further problems in the future due to lower future sales because the agricultural corporations companies are overstocked.  

When farmers have a bad year due to drought or flooding, their production levels will fall, so the price of the crops would rise due to excessive demand. Then the government sells the crops it had stored previously in its warehouses to put a price ceiling. If the government didn´t do this then a lot of poor people would not be able to buy enough quantities of food.  

3 0
3 years ago
"Water and Power Co. is a small company and is considering a project that will require $650,000 in assets. The project will be f
musickatia [10]

Answer:

The answer is =16.7%

Explanation:

Earnings before interest and taxes(EBIT) = $145,000

Tax rate is 25%

Therefore, the applicable tax rate on the earnings is 100% - 25% = 75%

So the Net income is 0.75 x $145,000

Net income = $108,750

The project is financed by 100percent equity and the cost is $650,000.

ROE(Return on Equity) = net income/equity

$108,750/$650,000

=16.7%

7 0
3 years ago
Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the c
gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

Order size ($ 16.85 × 200)              $3,370.00

Customer orders ($ 320.00 × 1)        $320.00

Product testing ($ 89.00 × 4)            $356.00

Selling ( $ 1,090.00 × 2)                  $2,180.00

Total                                                 $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

7 0
3 years ago
Other questions:
  • Ritufa Foods, a food processing company, has collaborated with a nonprofit organization in an initiative to fund salad bars in s
    9·1 answer
  • 6. Name at least five things Pete and Jessica need to look out for when making stock investments. Before making any stock​ inves
    10·1 answer
  • Which two careers would have a stage as a workplace? A/V technology and the performing arts the visual arts and telecommunicatio
    11·2 answers
  • __________ refers to the location of the sport product, the point of origin for distributing the product, the geographic locatio
    8·1 answer
  • In the country of Mashwen, the state owns key industries such as energy andtransportation. The rest of the industries are privat
    9·1 answer
  • Read the scenario:You are writing a research report on financial derivatives.
    5·1 answer
  • The U.S. consumer market is large, but other markets may offer what advantage?
    7·2 answers
  • Cyclical unemployment arises when:______.
    8·1 answer
  • Describe the importance of administrative office management
    9·1 answer
  • Leaving here getting my account deleted in 24 hours bc i wanted to leave so bye here are sum points.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!