Answer: Because that gives them an idea if the company is taking into account the necessary aspects of hiring someone.
Explanation:
Hiring is an important part of the process of any company, the employer wants to be sure that is taking the right candidate but this process needs to be done in the best way possible. When employees review their hiring process they can see if they had a good or not so good hiring process, this means if during the process they felt comfortable and if the employer took into account the right aspects of what the company is looking for.
The hiring process needs to be fair and that is something the employees should felt. They also need to evaluate if they had the right abilities to do the job and if that was taking into account.
Answer:
8.78
Explanation:
The computation of the cash cycle is given below;
We know that
Cash cycle = Inventory conversion period + Receivables conversion period - Payables conversion period.
Here
1. Inventory conversion period = Avg. Inventory ÷ (COGS ÷365)
= (11,000) ÷ (395000 ÷ 365)
= 10.16
2. Receivables conversion period = Avg. Accounts Receivable ÷ (Credit Sales × 365)
= (27000/520000) × 365
= 18.95
3. Payables conversion period = Avg. Accounts Payable ÷ (Purchases × 365)
= (22000 ÷ 395000) × 365
= 20.33
Now the cash cycle is
= 10.16 + 18.95 - 20.33
= 8.78
It’s True that economies of scale are ways that a company can lower the cost per unit by selling more units overall
Answer:
Net income will decrease by $400,000
Explanation:
Currently this business unit is generating a net loss of $150,000:
total revenue - variable expenses - fixed costs = $700,000 - $300,000 - $550,000 = -$150,000
if the unit is eliminated, then the revenue and variable expenses will be gone, but the fixed costs will be allocated to other business units. So instead of losing $150,000, the company will lose $550,000. The company's net income will decrease by $550,000 - $150,000 = $400,000
