According to the four-level pyramid model, we have the following
1) Executive information systems.
2) Decision support systems.
3) Management information systems.
4) Transaction processing systems.
Having said that, An executive information system (EIS) is a decision support system (DSS) used to support senior executives in the decision-making process. It does this by presenting easy access to important data needed for strategic decisions about a company. EIS is also known as Executive support system (ESS)and it usually features graphical displays on an easy-to-use interface.
Executive support systems can be utilized in different types of companies to control and monitor business operations as well as to identify possibilities and problems. One of the major characteristics of EIS is that it is mainly used by senior executives.
Therefore, based on the above analysis, the C.E.O, Mr. Matthew, will make use of the EXECUTIVE INFORMATION SYSTEM to make strategic decisions.
Answer: $6,410,000
Explanation:
The current ratio calculates the ability of a company to meet its short term liabilities.
A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.
Current ratio = current assets / current liabilities
Total assets = current assets + non current assets
$10,500,000 = current assets + $2,167,000
Current assets = $8,333,000
1.3 = $8,333,000 / current liabilities
Current liabilites = $6,410,000
I hope my answer helps you
Answer:
It should accept the special order at the price of $36 as the total marginal cost will be $28.5 (27 variable cost + 1.15 shipping cost).
Explanation:
Special orders are accepted only if marginal revenue increases the marginal cost. Marginal cost is the total cost incurred to fulfill any order.
In the given scenario, since the Company already has adequate capacity and it will not incur any additional fixed cost, therefore the order can be accepted by taking variable cost in to consideration.
Marginal Revenue 36
Less: Marginal Cost
Variable Cost (27)
Shipping Cost <u> (1.15)</u>
Total Profit from Order <u> 7.85</u>
Answer:
C. The coupon rate on these bonds would have been higher if Standard and Poor's, Moody's, and Fitch had assigned lower credit ratings
Explanation:
Assume that in January 2017, Vivendi announced a €1.2 billion bond issuance. The bonds have a coupon rate of 6.75% payable semiannually. Assume the bonds have been assigned credit ratings of BBB (stable outlook) by Standard and Poor's, Baa2 (stable outlook) by Moody's, and BBB (stable outlook) by Fitch.
Which of the following is not true? The coupon rate on these bonds would have been higher if Standard and Poor's, Moody's, and Fitch had assigned lower credit ratings.
"If you send in the minimum payment, you will be charged a late fee."
This is an INCORRECT statement, because you will not be charged a late fee just for making the minimum payment. Minimum payments are not a good idea because you will be charged interest on the remaining amount and will have a harder time paying off the balance, but you will not be charged a late fee.