The final step in the business process management approach is the continuous measurement phase.
Business process management (BPM) is a discipline that uses a variety of methods to discover, model, analyze, measure, improve, and optimize business processes. Business processes coordinate the actions of people, systems, information, and things to achieve business outcomes that support business strategy.
Business process management (BPM) follows a process. Design, analyze, improve, monitor, and optimize. The main goals of management are: Combine information for timely and easy access, analysis, and improvement. Automatically synchronize information entered into the system.
The need and benefits of business processes are evident in large organizations. Processes are the lifeblood of any business and help streamline activities and make optimal use of resources.
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Solution:
The record entry in accounting is the reporting of a report in an accounting document that displays the company's costs and credit balances. The amount of the payments must be equivalent to the sum of the credits otherwise the journal submission must be treated as unbalanced.
Raw material: a fundamental substance in its natural, changed or semi-managed condition, used as a contribution to the cycle of production for the eventual modification or transformation into a finished decent substance.
Pass journal entry
Particular Debit ($) Credit ($)
Raw material inventory (WN1) 210,000
Cash 210,000
Work in process 186,000
Raw material inventory 186,000
Factory overhead 15,000
Raw material inventory 15,000
The demand and supply of imported textiles are given. Initially, the price is $4.50 per yard and the quantity imported is 4,500 yards.
Now the government imposes quotas on imported textiles. That means the government restricts the quantity that must be imported to 3,000 yards. The graph is as follows:
Initially, the market is in equilibrium at point E. The price iS S4.5 per yard and the quantity
imported is 4,500 yards. After the government puts restrictions on imports, the supply
curve remains the same that is, Upward sloping till 3,000 yards are imported. After that, the supply curve becomes vertical because no more imports are possible whatever the price is. Green colored line is the new supply curve
As a result of this, the equilibrium shifts from point E to point F. The price of
imported textiles has increased to $ó per card and the quantity of import is 3,000 yards.
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Answer:
$12,350
Explanation:
The operating cash flow is shown below:
= EBIT + Depreciation - Income tax expense
where,
EBIT = Sales - cost of good sold - depreciation expense
= $39,050 - $22,700 - $2,275
= $14,075
And all other items would remain same
Now put these values to the above formula
So, the value would equal to
= $14,075 + $2,275 - $4,000
= $12,350
Answer:
Therefore, Olivia should buy 10 apples and 8 bananas to maximize her utility.
Explanation:
Let A represent the number of apples bought and B represent the number of bananas bought. Therefore since Olivia has $4 to spend:
0.2A + 0.25B = 4 (1)
Also, the tangency condition can be used to find the optimal amount of A to relative to B. It is give as:
Put B = 0.8A in equation 1:
0.2A + 0.25(0.8A) = 4
0.2A + 0.2A = 4
0.4A = 4
A = 10
B = 0.8(A) = 0.8(10) = 8
Therefore, Olivia should buy 10 apples and 8 bananas to maximize her utility.
