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LenaWriter [7]
3 years ago
10

Haimanot was recently assigned to a committee whose task is to research new product opportunities. Once this group generates a l

ist of six or seven viable options, it will be disbanded. This group is also known as a _____.
Business
2 answers:
Ipatiy [6.2K]3 years ago
7 0

Answer:

<u>Task force</u>

Explanation:

A task force may be referred to as a project team, comprising of a team of four to twelve personnel, created to achieve a short term goal and once such an objective is achieved, the team is dissolved.

Such a team usually comprises of individuals representing different  functional departments of an organization such as marketing or finance, selected for a project based upon their specialization, good track record and interest in the current project.

In the given case, Haimanot has been assigned to a special committee whose task is to carry out a research w.r.t new product opportunities. The goal here being generation of six or seven viable options, upon attainment of which the committee would be dissolved.

The given scenario represents the creation of a task force of which Haimanot is a member.

nevsk [136]3 years ago
5 0

Answer:

This group is known as task force

Explanation:

  • The task force consists of a situation where a group of people are formed to achieve a specific goal and dissolve after that goal is completed.
  • It was a concept introduced by the United States Army and then adjusted to working in the business world as a couple on a specific mission or mission.

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The printer ran out of preprinted sales invoice forms and several sales invoices were not printed. The best internal control to
tamaranim1 [39]

Answer:

Printer set up error

Explanation:

The best internal control to detect this error, is to do a quick check on the printer set.

8 0
3 years ago
On January 1, 2020, Klosterman Company issued $500,000, 10%, 10-year bonds at face value. Interest is payable annually on Januar
Ede4ka [16]

Answer and Explanation:

Journal entry to record the issuance of the bonds.

A.

Jan 1

Dr cash $500,000

Cr bonds payable $500,000

B. Journal entry to record the accrual of the interest

Dec 31 2020

Dr Interest expense $25,000

Cr Interest Payable $25,000

C. Journal entry to record the payment of interest on January 1, 2021.

Dr Interest expense $25,000

Cr Cash $25,0000

Interest expense $500,000×10%×1/2=$25,000

3 0
2 years ago
Coache Corporation is considering a capital budgeting project that would require an investment of $120,000 in equipment with a 4
Kaylis [27]

Answer:

a. $44,000

Explanation:

The computation of the total cash flow net of income taxes in year 3 is shown below:

= Incremental sales - annual incremental cash operating expenses - one-time renovation expense - depreciation expense - income tax expense + depreciation expense

= $310,000 - $230,000 - $30,000 - $30,000 - $6,000 + $30,000

= $44,000

Since depreciation is a non-cash expense so it would be added back to the computation part

The depreciation expense would be

= (Original cost - residual value) ÷ (useful life)

= ($120,000 - $0) ÷ (4 years)

= ($120,000) ÷ (4 years)  

= $30,000

And, the income tax expense would be

= (Incremental sales - annual incremental cash operating expenses - one-time renovation expense - depreciation expense) × tax rate

= ($310,000 - $230,000 - $30,000 - $30,000) × 30%

= $20,000  × 30%

= $6,000

6 0
2 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
CaHeK987 [17]

Answer:

The current price of the bond would be € 898.87

Explanation:

Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.

Price=\frac{Coupon((1+Yield)^{n}-1) }{Yield(1+Yield)^{n} } +\frac{FaceValue}{(1+Yield)^{n} }

Where:

Coupon = 1,000*0.078=78

Yield = 0.089 (or 8.9%)

Face Value= 1,000

n = 20 coupon payments

So, everything should look like this.

Price=\frac{78((1+0.089)^{20}-1) }{0.089(1+0.089)^{20} } +\frac{1,000}{(1+0.089)^{20} }

Price=717.13+181.74=898.87

Therefore, the price of this bond is € 898.87

Best of luck.

7 0
2 years ago
Darcy Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
meriva

Answer:

$ 102,100

Explanation:

Based on the scenario been described in the question the incremental Analysis for replacement of old equipment:

Cost of New used lift

$ 190,500

Saving in Incremental Cost of Repair of old lift

$ (45,000)

Reduction in Annual operating expenses = $25,600 * 6 years

$ (153,600)

Annual Rent revenue from new used lift = $11,000*6 years

$ (66,000)

Sale price of old lift

$ (28,000)

Saving in Incremental Costs

$ (102,100)

Net income increase

$ 102,100

Hence, the net income shall increase by $102,100 if the old liftis replaced.

3 0
3 years ago
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