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
Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000 units of Clubs, which retails
Darina [25.2K]

Question Completion:

Find the gross profits for Diamonds and Cards

Find the total gross profit

Answer:

Five Card Draw

                               Diamonds          Clubs           Total

Gross profit          $1,632,000     $1,188,000  $2,820,000

Explanation:

a) Data and Calculations:

                                                  Diamonds       Clubs           Total

Units manufactured and sold     24,000        27,000        51,000

Retail price                                    $180            $190

Sales revenue                          $4,320,000   $5,130,000 $9,450,000

Direct materials cost per unit       $25              $30

Labor rate = $25 per hour

Direct labor hours per unit              3                  4

Total direct labor hours              72,000       108,000       180,000

Estimated overhead = $720,000

Predetermined overhead rate = $4 ($720,000/180,000) per DLH

Overhead allocation                $288,000     $432,000     $720,000

Total direct materials costs    $600,000      $810,000    $1,410,000

Total direct labor costs         $1,800,000  $2,700,000  $4,500,000

Total costs of production     $2,688,000 $3,942,000  $6,630,000

Income Statement:

                                                  Diamonds       Clubs           Total

Sales revenue                       $4,320,000   $5,130,000  $9,450,000

Total costs of production     $2,688,000  $3,942,000  $6,630,000

Gross profit                           $1,632,000     $1,188,000  $2,820,000

3 0
3 years ago
Methods analysis is particularly valuable when it is used on jobs that: (I) are high in labor content. (II) are done frequently.
ycow [4]

Answer:

B. I, II, and IV only

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

In Business management, method analysis can be defined as the study of the detailed process for the performance of a job i.e how a job is done. Thus, method analysis gives a detailed report on the tasks involved in the performance of a job and how they are to be done.

Basically, methods analysis is particularly valuable when it is used on jobs that:

1. Are high in labor content.

2. Are done frequently.

3. Are unsafe, tiring, unpleasant, and/or noisy.

3 0
3 years ago
A DuPont analysis is conducted using the DuPont equation, which helps to identify and analyze three important factors that drive
Elena L [17]

Answer:

  • A. Net income / Sales
  • B. Sales / Total asset
  • C. Total asset / Total company equity.

Explanation:

  • The Du Pont analysis is a DuPont identity, equation, and a model and this breaks of the ROI as into three parts by using the formula as profit margin that is net profit/sales. Its multiplied by the sales or the average total assets into total companies equity and thus measures the profit and asset margins and the financial leverages.
7 0
4 years ago
You are implementing a new server that will connect 10 client computers to the Internet to access a company application. None of
jekas [21]

Answer:

Explanation:

Within the context of the project risk management system, performing these risk analyses are two different processes. Effective risk analysis and management are the basis of any project's success.

These two methods dominate the risk analysis technique

In almost all risks and for all projects, qualitative risk analysis is performed but quantitative risk analysis is more limited and they are based on the type of project or the risk involved.

The major difference between these two methods is their approach to the process.

Qualitative risk analysis is more biased and focuses on finding the risks which will measure the occurrence of a specific risk event during the project life cycle and also its impact on the overall process.

In qualitative risk analysis, the goal is to ascertain the severity, and then those data are recorded in a risk assessment matrix or any form of an intuitive graphical report can be used and these matrices are valuable to communicate the outstanding hazards to the stakeholders.

In Qualitative risk analysis, method risk is measured in terms of low moderate-high and extreme.

Quantitative risk analysis is unbiased as it needs verified data to analyze the risk effect in terms of money, resource consumption, and any delays in schedule.

Quantitative risk analysis assigns a numerical value to an extent risk.

If risk X has a 40% chance of happening based on the quantifiable data and 15% chance of causing a delay of A number of days. Hence it is totally dependent on the quantity and accuracy of data.

Since we look into the process and approach of both the methods and when it comes to choosing any one method for handling risk and considering your example:

I can say that in terms of assessing probability and prioritizing risk in very simpler terms which is easy to understand and to implement, qualitative risk analysis is better.

This method is easier to approach as we can easily identify areas that need special attention and can be employed at any stage of the project to handle risk.

Conclusively, I believe if you need to adopt one method (for your case and in general), go for qualitative. Although both methods are similar and which one is better cannot be clearly stated. Hence both analyses should be conducted in tandem which will give us the best possible insight into the risk involved and their possible impact.

Therefore, whatever is the size or the complexity of your project you will have everything with you that is best for your organization.

7 0
3 years ago
The senior management of BonusOne Bank formulates a new set of strategic plans for the next financial year and conveys it to the
Degger [83]

Answer:

A. Downward Communication

Explanation:

Downward communication is a communication process whereby information is passed from the top of the organizational structure to the bottom of the organizational structure. It is a situation whereby information flows down the hierarchy chain from the top of the hierarchy to the bottom.

This is the method used in which information is passed from the bosses of the organization at the top to the lower management at the bottom of the organizational chart. In this scenario, the information concerning the strategic plans moves from the senior management to the middle management and down to their respective subordinates.

3 0
4 years ago
Other questions:
  • What motivates companies like starbucks to expand into international markets with little perceived interest for their product?
    6·1 answer
  • Todd has hired an inverter to ensure that there is never a loss of power in his new factory. What would Todd pay as his cost of
    13·1 answer
  • It has been observed that some persons who suffer acute heartburn, again suffer acute heartburn within one year of the first epi
    6·1 answer
  • BlendedBlended Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the​ year, Al
    11·1 answer
  • The owner of a chain of juice stores wants to compare the profits earned from two of his stores. The alternative hypothesis is,
    15·1 answer
  • A buyer’s agent represents the buyer, and the seller’s agent represents the broker true or false?
    11·1 answer
  • On August 25, a privately owned company exchanged 10,000 shares of its private common stock for land. There is no readily availa
    8·1 answer
  • Suppose you bought a bond with a coupon rate of 5.2 percent paid annually one year ago for $920. The bond sells for $970 today.
    14·1 answer
  • The principle of self-reference is based on the idea that people won't deviate from the overall mission of their organization if
    7·1 answer
  • According to forbes how many billionaires are there?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!