Consider the following scenario:

When is outsourcing NOT beneficial?a) when internal control over a particular activity is deemed essential b) when it improves o

Zielflug [23.3K]

Answer: Option A

Explanation: Outsourcing can be defined as a situation in which a company hires another company for performing some activities that are non core for the hiring companies.

For, example a company having business of making soft drink might outsource its advertising activity.

One problem with outsourcing is that it leads to no internal control of the hiring company's management on that particular activity, leading to high probability of fraud or failure.

Thus, if an activity needs internal control it should not be outsourced.

6 0

4 years ago

On December 31, 2020, Berclair Inc. had 300 million shares of common stock and 8 million shares of 9%, $100 par value cumulative

m_a_m_a [10]

Answer: $1.21

Explanation:

Earnings per share = (Net income - Preferred dividends) / Weighted average number of common shares outstanding

Weighted average number of shares outstanding:

Opening = 300 million shares

Treasury stock on March 1 = 54 million * (10 / 12 months) = 45 million shares

Share balance = 300 - 45 = 255 million shares

Dividend to be added = 255 * ( 1 + 5%) = 267.75 shares

Add Treasury stock sold = 267.75 + (9 million * 3/12 months)

= 270 million shares

Earnings per share = (400 - (8 * 9% * 100) ) / 270

= $1.21

4 0

3 years ago

Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions: 2019 2020

krok68 [10]

Answer:

return on sales = operating profit / net sales

Southwest 2019 = $875 / $14,675 = 5.96%

Southwest 2020 = $975 / $21,775 = 4.48%

Southwest 2021 = $1,125 / $25,775 = 4.36%

Midwest 2019 = $1,025 / $6,475 = 15.83%

Midwest 2020 = $1,375 / $6,775 = 20.3%

Midwest 2021 = $1,325 / $6,975 = 19%

Southeast 2019 = $775 / $12,175 = 6.37%

Southeast 2020 = $975 / $12,775 = 7.63%

Southeast 2021 = $1,375 / $13,075 = 10.52%

asset turnover = net sales / average total assets

Southwest 2019 = $14,675 / $13,775 = 1.07

Southwest 2020 = $21,775 / $13,975 = 1.56

Southwest 2021 = $25,775 / $16,575 = 1.56

Midwest 2019 = $6,475 / $4,475 = 1.45

Midwest 2020 = $6,775 / $3,975 = 1.7

Midwest 2021 = $6,975 / $3,975 = 1.75

Southeast 2019 = $12,175 / $5,075 = 2.4

Southeast 2020 = $12,775 / $5,375 = 2.38

Southeast 2021 = $13,075 / $5,375 = 2.43

return on investment = net income / cost of investment

Southwest 2019 = $875 / $13,775 = 6.35%

Southwest 2020 = $975 / $13,975 = 6.98%

Southwest 2021 = $1,125 / $16,575 = 6.79%

Midwest 2019 = $1,025 / $4,475 = 22.9%

Midwest 2020 = $1,375 / $3,975 = 34.59%

Midwest 2021 = $1,325 / $3,975 = 33.33%

Southeast 2019 = $775 / $5,075 = 15.27%

Southeast 2020 = $975 / $5,375 = 18.14%

Southeast 2021 = $1,375 / $5,375 = 25.58%

Explanation:

Revenue 2019 2020 2021

Southwest $ 14,675 $ 21,775 $ 25,775

Midwest 6,475 6,775 6,975

Southeast 12,175 12,775 13,075

Total $ 33,325 $ 41,325 $ 45,825

Net Operating Income 2019 2020 2021

Southwest $ 875 $ 975 $ 1,125

Midwest 1,025 1,375 1,325

Southeast 775 975 1,375

Total $ 2,675 $ 3,325 $ 3,825

Average Total Assets 2019 2020 2021

Southwest $ 13,775 $ 13,975 $ 16,575

Midwest 4,475 3,975 3,975

Southeast 5,075 5,375 5,375

Total $ 23,325 $ 23,325 $ 25,925

4 0

3 years ago

Kenneth has been scoping out the new addition of his SUV that will be released early next year Because it is such a big purchase

Viefleur [7K]

c early majority i think

5 0

4 years ago

Read 2 more answers

Use the following to prepare the cash budget. What is the ending cash balance? Beginning cash balance $3,000; Cash receipts $50,

aleksley [76]

Answer:

Ending cash balance = $13,000

Explanation:

<em>A cash budget is statement that shows the estimated cash receipts and the estimated cash payments for a forth coming accounting period. In addition, it provides information about the expected cash balance for the period to which it relates.</em>

With help of a cash budget, a business can plan ahead for the usage of its surplus funds and how to finance its deficit cash position

Ending cash balance = Beginning cash balance + cash receipts - cash payment

= 3,000 + 50,000 - 40,000

Ending cash balance = $13,000

7 0

4 years ago