1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WITCHER [35]
3 years ago
6

What does the CIO of a company do?

Business
1 answer:
Fittoniya [83]3 years ago
4 0
D. Manage the technological areas pf the company
You might be interested in
When a company issue 27,000 shares of $5 per value common stock,the journal entry for this issuance would include:
a_sh-v [17]

Answer:

1. A debit to cash for $135,000

Explanation:

The complete entries are

1. A debit to cash for $135,000

2. A credit to common stock account for $135,000

6 0
3 years ago
Typically, the firms' lowest cost source of financing is ____________ as its cost is tax deductible and it also tends to offer t
Finger [1]

Answer:

Debt

Explanation:

Debt is the lowest cost source of financing because the <em>interest</em> return given to holders of debt has a <em>tax shield</em> (tax deductible) that is provided by the Section 11j  of the Income tax Act.

The other sources of finance give a return in form of <em>dividends</em>. Dividends are are not tax deductible hence they attract a huge cost.

6 0
3 years ago
A machine costing $450,000 with a four-year life and an estimated $30,000 salvage value is installed by Lux Company on January 1
Tasya [4]

Answer:

$112,500

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

Depreciation expense in year 1 = 2/4 x $450,000 = $225,000

Book value at the beginning of year 2 =  $450,000 - $225,000 =  $225,000

Depreciation expense in year 2 = 2/4 x $225,000 = $112,500

4 0
3 years ago
Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online.
oee [108]

Answer:

$5

Explanation:

The computation of Alice's consumer surplus is shown below:

Consumer surplus =  Willing to spend - Market price after considering the discount

where

Willing to spend = $30

Market price equals to

= Purchase a pair of jeans - coupon rate

= $35 - $10

= $25

So, the consumer surplus is equal to

= $30 - $25

= $5

3 0
3 years ago
Carla Vista Energy Company owns several gas stations. Management is looking to open a new station in the western suburbs of Balt
tatuchka [14]

Answer:

The present Value of the growing annuity= $1,158,092.68  

Explanation:

The present value of the growing annuity is going to be computed as follows:

PV = A/(r-g) × (1- (1+g/1+r)^n)

A- annual cash flow- $87,460

g- growth rate - 6.3%

n- number of years =73

r- discount rate - 13.8%

I will break out the formula into two parts to make the workings very clear to follow. So applying this formula, we can work out the present value of the growing annuity  as follows.  

A/(r-g)  = 87,460/(0.138-0.063) =1,166,133.33

(1- (1+g/1+r)^n)  = 1- (1.063/1.138)^73 =0.9931

PV = A/(r-g) × (1- (1+g/1+r)^n)

166,133.33× 0.9931 =  1,158,092.68  

The present Value of the growing annuity= $1,158,092.68  

6 0
3 years ago
Other questions:
  • Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has posit
    12·2 answers
  • An investor purchased 100 shares of the cdl growth and income fund 3 years ago when the pop was $12 and the nav was $11.50. all
    6·1 answer
  • Which of the following is not one of the reasons to document your secondary sources? It shows your audience that you have suffic
    9·1 answer
  • Niren, Inc.'s charter authorizes 1,000,000 shares of stock at a par value of $1 per share. Niren sells 100 shares of stock at it
    13·1 answer
  • Swenson Oil​ &amp; Gas allows its customers to prepurchase heating oil in June for the coming winter. Customers who took advanta
    8·1 answer
  • During 2012, Robby's Camera Shop had sales revenue of $170,000, of which $75,000 was on credit. At the start of 2012, Accounts R
    15·1 answer
  • If you have an idea that no one has thought of, the trouble isA. it may be ahead of its time.B. you don't know if anyone will wa
    6·1 answer
  • Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can e
    6·2 answers
  • If the coupon rate on a bond is higher than the yield to maturity, Multiple Choice the bond sells at a discount. the coupon rate
    10·1 answer
  • 1. Which of the following is an asset?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!