A covert operation is defined and in which the president has certified its importance to america's national security

Which corporate officer, when he or she is guilty of serious misconduct, can subject the firm to the heavy losses in financial w

Norma-Jean [14]

Answer: The correct answer is "CFO".

Explanation: A CFO (Chief Financial Officer) is responsible for the economic and financial planning of the company. It is who decides the investment, financing and risk in order to increase the value of the company for its owners (whether shareholders or partners). It provides financial, accounting knowledge and in general an analytical look at the business. In many cases he is also the strategic affairs advisor for the CEO.

Therefore, if he is guilty of serious misconduct, he may subject the company to large losses in financial wealth.

7 0

3 years ago

A contribution approach income statement ______. reports both gross margin and net income is prepared primarily for external rep

kvasek [131]

Answer:

separates costs into fixed and variable component

can assist with management decision making

Explanation:

The contribution margin may be defined as when we deduct the expenses of the variable from sales. Where contribution margin shows the organization revenue is contributing to net income and fixed cost.

The statement of contribution margin income tells of the earnings at various stages of operations.

This report of income is not used for external reporting purposes but rather for internal decision making by the management.

Therefore according to the above description, the last two statements are correct.

6 0

3 years ago

Watson Company has monthly fixed costs.. Watson Company has monthly fixed costs of $91,000 and what dollar amount of sales must

asambeis [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Watson Company has monthly fixed costs of $91,000.

Contribution margin ratio= 0.40

To calculate the dollar amount of sales, we need to use the following formula:

Break-even point (dollars)= (fixed costs + desired profit)/ contribution margin ratio

Break-even point (dollars)= 91,000/0.4= 227,500

A) Desired profit= 15,800

Break-even point (dollars)= (91,000 + 15,800) / 0.40= 267,000

B) Desired profit= 267,000

Break-even point (dollars)= (91,000 + 267,000) / 0.40= 895,000

C) Desired profit= 106,800

Break-even point (dollars)= (91,000 + 106,800) / 0.40= 494,500

D) Desired profit= 227,500

Break-even point (dollars)= (91,000 + 227,500) / 0.40= 796,250

5 0

3 years ago

You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this p

NeX [460]

Answer:

$2,575,278.87

Explanation:

Present Value = $458,000 + $458,000 /(1+.08)^1 + $458,000 /(1+.08)^2 + $458,000 /(1+.08)^3 + $458,000 /(1+.08)^4 + $458,000 /(1+.08)^5 + $458,000 /(1+.08)^6

Present Value = $458,000 + $424,074.07 + $392,661.18 + $363,575.16 + $336,643.67 + $311,707.10 + $288617.69

Present Value = $2,575,278.87

So, the present value of the cash flow stream that the company is offering to me is $2,575,278.87.

3 0

3 years ago

As the price of samosas (a kind of food in india) was raised from 2 to 3 rupees (indian currency), their quantity demanded fell

Scorpion4ik [409]

Answer: Elasticity of demand of samosas is 0.6

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good. It can be measured using the mid-point method,

$e=\frac{Q2 -Q1}{\frac{Q 1 + Q2}{2} } * \frac{\frac{P1+P2}{2} }{P2 - P1}$

$e=\frac{12,000 - 15,000}{\frac{15,000 + 12,000}{2} } * \frac{\frac{2+3}{2} }{3 - 2}$

$e=\frac{- 3,000}{13,500} * \frac{2.5}{1}$

$e= 0.22*2.5 = 0.5555$

Therefore, elasticity of demand is 0.6

5 0

4 years ago