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3 years ago

Knowing that global business models are changing, how do you perceive IT systems helping or hindering the change process?

Business

1 answer:

kati45 [8]3 years ago

3 0

Answer:

IT is helping the change process

Explanation:

Information technology has revitalized today's business operations. Business models incorporating IT are fast, cost-friendly, and more responsive to market demand.

As business models endeavor to meet the needs of modern customers, IT is helping the process by offering innovative solutions. Emerging business models are anchored on modern IT.

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Assume that Denis Savard Inc. has the following accounts at the end of the current year. 1.Common Stock14.Accumulated Depreciati

boyakko [2]

Answer:

Denis Savard Inc

Classified Balance sheet

Amount$ Amount$ Amount$

Assets

Current Assets

Cash xxx

Less Cash Restricted for Plant xxx xxx

Expansion

Accounts Receivable xxx

Less Allowance for Doubtful debt xxx xxx

Notes Receivable xxx

Receivables-Officers xxx

Inventory

Finished goods xxx

Work in Process. xxx

Raw Materials xxx xxx

Total Current Assets xxx

Stockholders Equity

Common Stock xxx

Add Paid-in Capital in Excess of xxx

Par-Common Stock.

Total paid in capital xxx

Add Retained Earnings. xxx

Total paid in capital and retained earnings xxx

Less Treasury Stock (at cost) xxx

Total Stockholders Equity xxx

Total Liability and Stockholders Equity xxx

Liability and Stockholders Equity

Current Liability

Salaries and Wages Payable. xxx

Unearned Subscriptions Revenue. xxx

Unearned Rent Revenue. xxx

Total Current Liability. xxx

Long term liabilities

Bonds Payable (due in 4 years) xxx

Less Discount on Bonds Payable xxx xxx

Total Long term liabilities. . xxx

Long term Investment

Preferred Stock (Equity) Investments. xxx

Land Held for Future Plant Site.. xxx

Cash Restricted for Plant Expansion. xxx

Total Long term Investment. xxx

Property, Plants and Equipment

Building. xxx

Less Accumulated Depreciation xxx xxx

- Buildings

Total Property, Plants and . xxx

Equipment

Intangible Assets

Copyrights. . xxx

Total Intangible Assets. . xxx

Total Assets. . xxx

3 0

3 years ago

Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? (Selec

Murrr4er [49]

Answer:

C. The company has a very poor turnover of assets and collects its receivables quickly; thus there are some concerns from these ratios. D

Explanation:

Let's be mindful that turnover here refers to revenue, while receivables refer to amounts owed to the company. So, If the company has a very poor turnover of assets it means it isn't making much revenue, and it is collecting its receivables quickly implying there are some concerns (imbalances) from these ratios.

Therefore, the managers of Tyler Toys or the shareholders need to work out a solution.

4 0

3 years ago

Business provided travel services worth R11800 to customers who settled the amount in cash

netineya [11]

That's a statement.

If its T/F, That is true

3 0

3 years ago

Analyzing Data In June, Snead’s Snack Bar sold 1,000 fruit smoothies at a price of $2.50 each. In July, they sold 1,300 fruit sm

Verizon [17]

Overall, Snead's Snack Bar earned more in July, with $2600, while in June they only earn $2500

5 0

2 years ago

12-3. (Break-even point and selling price) Simple Metal Works, Inc. will manufacture and sell 300,000 units next year. Fixed cos

aev [14]

Answer:

Selling price= $5.08

Explanation:

Giving the following information:

Number of units= 300,000

Fixed costs= $350,000

Desired profit= $250,000

Variable cost rate= 0.65

First, we need to calculate the unitary contribution margin using the break-even point formula:

Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit

300,000 = (350,000 + 250,000) / contribution margin per unit

300,000 contribution margin per unit = 600,000

contribution margin per unit= 600,000/300,000

contribution margin per unit= $2

If the variable cost rate is 0.65, then:

Unitary varaible cost= 2/0.65= $3.08

Selling price= contribution margin per unit - unitary varaible cost

Selling price= 2 - (-3.08)

Selling price= $5.08

5 0

2 years ago