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swat32
3 years ago
8

What groups generally is charged with creating value through the process of organizing, coordinating, and leveraging employees a

s well as other forms of capital such as plant, equipment, and financial capital?
Business
1 answer:
stira [4]3 years ago
5 0

Answer: C) managers

Explanation:

Managers are very important in world of business. They are leaders charged with getting a company from where it is to where it wants to be. Essentially their role is to create value. They do this by fulfilling certain duties expected of them through organizing, coordinating, and leveraging employees as well as other forms of capital such as plant, equipment, and financial capital to bring out a solid product that will contribute to the growth of the company.

Managers are therefore as already mentioned, important in business. It is for this reason that only the best should be chosen for such an integral role in a company.

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What does 4. Financial management means
tester [92]
It's the p<span>rocess used to manage the financial resources of a business</span>
7 0
3 years ago
Read 2 more answers
Bay City Company’s fixed budget performance report for July follows. The $440,000 budgeted total expenses include $300,000 var
vredina [299]

Answer:

Bay City Company

Flexible Budget Performance Report:

                                         Flexible Budget    Actual Results    Variances

Sales (in units)                            4,900                4,900

Sales (in dollars)                  $392,000          $431,200        $39,200 F

Total expenses:

Variable expenses                245,000           276,000           31,200 U

Fixed expenses                     140,000            130,000            10,000 F

Total expenses                     385,000           406,000            21,200 U

Income from operations        $7,000           $25,200          $18,200 U

Explanation:

a) Data and Calculations:

Variable expenses = $300,000

Fixed expenses =      $140,000

Budgeted total expenses = $440,000

Actual expenses:

Fixed expenses = $130,000

                                         Fixed Budget    Actual Results    Variances

Sales (in units)                            6,000                4,900

Sales (in dollars)                  $480,000          $431,200        $48,800 U

Total expenses                     440,000           406,000           34,000 F

Income from operations      $40,000           $25,200         $14,800 U

Flexing the budgets:

Sales revenue = $392,000 ($480,000/6,000 * 4,900)

Variable expenses = $245,000 ($300,000/6,000 * $4,900)

Actual variable expenses = $276,000 ($406,000 - $130,000)

6 0
2 years ago
Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to inclu
Mekhanik [1.2K]

Answer:

Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:

1. Arranging a group of people who work in specific studies

2. Taking books by their genre, and putting them together

3. The economic pyramid, is the perfect example of an organization. Defining society by class.

5 0
1 year ago
Andrina always spends 30 % of her income on thingamabobs. Assume that her income increases by some percentage while the price of
Leni [432]

Answer

<em>What is Income Elasticity of Demand? </em>

Income elasticity of demand is the ratio of percentage change in quantity of a product demanded to percentage change in the income level of consumer. It is a measure of responsiveness of quantity demanded to changes in consumers income.

Income elasticity of demand indicates whether a product is <em>a</em> <em>normal good or an inferior good.</em> When the quantity demanded of a product increases with an increase in the level of income and decreases with decrease in level of income, we get a positive value for income elasticity of demand. A positive income elasticity of demand stands for a normal (or superior) good. When the quantity demanded of a product or service decreases in response to an increase and increases in response to decrease in the income level, the income elasticity of demand is negative and the product is an inferior good.

Formula

Income Elasticity of Demand Ei%\ Change in Quantity Demanded%\ Change in Consumers Income

Percentages are calculated using the mid-point formula, i.e. by dividing the change in quantity by average of initial and final quantities, and change in income by the average of initial and final values of income. Therefore:

Income Elasticity of Demand - Ei = Qf - Qi ÷ Qf + Qi ÷ 2  ÷ If - Ii / If + Ii ÷2

Income Elasticity of Demand - Ei = % Change in Quantity Demanded ÷ % change in consumer Income

<em>Where:</em>

Qf - is the final initial quantities demanded of the product,

Qi - is initial quantities demanded of the product,

If -  is the final incomes of consumer

Ii - is the initial incomes of consumer.

∴

Question

What is her income elasticity of demand for thingamabobs?

Solution:

From the Problem, it can be deduced that -

Qf   -  assume it to be 60 since it is not given

Qi  -  assume it to be 50 thingamabobs?

If -  assume it to be 40% since it is not given

Ii -  30%

Assume the % increase in Income to be                  

∴

Ei = 60 -50/ 60 + 50 ÷ 2  ÷  40 - 30 / 40 + 30 ÷ 2    

Ei = 10/110 /2  ÷ 10/70 ÷ 2

Ei = 10/11 X 70/10 ÷ 2

Ei = 10/55 x 14

Ei = 28/11 = 0.73%    

Therefore the Income elasticity of demand for Adrina is 0.73 %

5 0
3 years ago
For each of the following scenarios, determine if it is an indicator of potential cash flow problems: (Hint: Review Chapter 5 Po
inn [45]

Answer:

a) yes

b) no

c) yes

d) no

Explanation:

a) if the A/R balance grow higher than the sales is an indicator that our collection cycle increase thus, customer extend their financiation providing less cash flow

b) this is the opposite as (a)  here we extend our financing agaist our suppliers. The payment cycle increases thus, decreasing the overall cash demand

c) If the assets were puirchased on cahs a huge amount was used alrady affecting the liquidity of the company.

If the company finance the purchase of the long term assets, in the future the company will have to dedicate a portion of their future cahs flow to pay up interest and principal which is what we should analize; wether or not the company will have difficulties in the future and the answer is yesin both scenarios.

d) no. It will not, as marketable securities are generally short-term and easily converted into cash in the short term. They do not generate cash flow problems in the long run as the company can sale them anytime to obtain cash.

6 0
3 years ago
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