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WITCHER [35]
2 years ago
6

What does the CIO of a company do?

Business
1 answer:
Fittoniya [83]2 years ago
4 0
D. Manage the technological areas pf the company
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An acre lot was purchased for $100,000. A $500,000 office building was erected. The building is placed in service in May. Find t
kolezko [41]

Answer: $8025

Explanation:

From the information given, first and foremost, we need to realise that only the building in this case will be depreciated due to the fact that land is considered to be a non depreciable asset.

Therefore, the MACRS depreciation charge for year 1 will then be:

= MACRS rate × Value of Building

= 1.605% × $500,000

= 0.01605 × $500,000

= $8025

5 0
3 years ago
Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in t
Elza [17]

The answer is marginal revenue (MR) curve above $22.

Explanation:

Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.

Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.

Economic profit = account profit = Opportunity profit

Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.

3 0
3 years ago
Which of the following statements is correct?
Eddi Din [679]

Answer:

The correct answer is D

Explanation:

Under the periodic inventory system, the companies evaluate the COGS (Cost of goods sold) at the end of the accounting year or the fiscal period. And the details of the goods on hand which are not available, in this system.

And under the perpetual inventory system, this offer better control over the inventories rather than the periodic inventory system. And this system requires the COGS (Cost of goods sold) to be acknowledged at the time of sale and it contain the more accurate value of goods on hand.

Therefore, the statement which is correct is that the perpetual inventory system, offer better control over inventories.

5 0
3 years ago
What quickbooks task stores information about customers, vendors, employees, services, and more?
Rufina [12.5K]

List QuickBooks task stores information about customers, vendors, employees, services, and more.

vendors:

  • A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
  • A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
  • A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.

Learn more about vendors here brainly.com/question/24852211

#SPJ4

8 0
1 year ago
Catherine, a resident of California, has been serving a federal government office for the last five years. Her superiors have al
kupik [55]

Answer:

B) did not file the complaint within 45 days of the event.

Explanation:

Time limits matter and in this case Catherine should have approached the Equal Employment Opportunity Commission before.

All she can do now is wait until next April and if her work is not properly recognized at that moment, then she should immediately file a complaint (at least before the 45 day limit expires).

5 0
3 years ago
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