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julia-pushkina [17]
3 years ago
10

Sue peters is the controller at​ vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to

attend a class in excel​ spreadsheets, so sue temporarily took over​ dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at​ $450. what should sue do?
Business
1 answer:
vivado [14]3 years ago
7 0

Since dale has admitted that he has used it for his own gas, Dale should henceforth has to options.He has to either see whether that is according to his salary package, If it is a miscellaneous expenses it is rather too high for Dale to use that $450. He should track in fuel cost of Dale report it on a daily basis. He should always at the end of the day check his income and expenses.

Explanation:

  • Sue needs to check his income expenses on a daily basis.
  • He should confront Dale henceforth not use cash for personal use.
  • He should collect the money Dale should show the receipt to Sue.
  • He should let sue control the money.
  • It has a deficit because, He did not manage to keep the money align.
  • Dale used for personal expenses totally against the business loss.

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Given these observed times (in minutes) for four elements of a job, determine the observed time (OT) for each element. Note: the
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Answer:

Element 1 = 4.17 Observed time

Element 2 = 1.77 Observed time

Element 3 = 3.33 Observed time

Element 4 = 2.8 Observed time

Explanation:

Calculation to determine the observed time (OT) for each element

Based on the information given we have 4 Element and 6 Cycle for Element 1,3 and 4 while Element 2 has 3 cycle

First step is sum up each element cycle i.e addition of cycle 1 to cycle 6

Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6

1. 4.1 +4.0 +4.6 + 4.1 +4.1 + 4.1 = 25

2. - 1.5 - 2.4 - 1.4 =(1.5+2.4+1.4)=5.3

3. 3.2 +3.2 +3.8 +3.2+ 3.3 +3.3= 20

4. 2.7 +3.0 +2.7 +2.8 +2.8+ 2.8 = 16.8

Now let find the Observed time by dividing the figure that was sum up for each of the element by the numbers of cycle that each element has.

OBSERVED TIME

Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6

1. 4.1 +4.0 +4.6 + 4.1 +4.1 + 4.1 = 25/6= 4.17 Observed time

2. - 1.5 - 2.4 - 1.4 =(1.5+2.4+1.4)=5.3/3=1.77 Observed time

3. 3.2 +3.2 +3.8 +3.2+ 3.3 +3.3= 20/6= 3.33 Observed time

4. 2.7 +3.0 +2.7 +2.8 +2.8+ 2.8 = 16.8/6=2.8 Observed time

6 0
3 years ago
Which is true of an enterprise resource planning (ERP) system?
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Answer:

c. It has compatibility problems with legacy systems

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Enterprise Resource Planning possess issues with the legacy systems and that is completely a compatibility issue because of technological advancement internally in the organization that creates the same as well.

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The first step in the target market selection process is
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Identifying a target strategy
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The marketing researcher for Pooch Party, a manufacturer of toys for dogs, has noticed an increased trend in pet owners dressing
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Is large enough to permit a profitable market effort toward its members.

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A firm has a profit margin of 12 percent; total asset turnover of 0.55 and an equity multiplier of 2.2. What is the firm's ROA a
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Answer:

ROA = 6.6%

ROE 14.52%

Explanation:

profit margin = net income / sale = 12%

assets turn over = sales / assets = 0.55

equity mutiplier = assets / equity = 2.2

ROE = return on equity = net income / equity

ROA = return on equity = net income / assets

we use the fraction properties to get ROE and ROA

\frac{income}{sales} \times \frac{sales}{Assets} =\frac{income}{Assets} \\ 0.12 \times 0.55 = 0.066\\

ROA = 6.6%

We apply the same property to get ROE

\frac{income}{assets} \times \frac{assets}{equity} =\frac{income}{equity} \\ 0.066 \times 2.2 = 0.14252\\

ROE = 14.52%

6 0
4 years ago
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