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3 years ago

Which of the following activities would be most helpful in figuring out what your company's competitive advantages are?

1 answer:

8 0

Checking your profits vs expense, and seeing which areas generate more profit. From there, you can choose between putting more money into the areas that are more profitable to you & decreasing the amount of money into areas that don't do as well, or continue another season to see if it is the same (as results can vary depending on the supply vs demand)

hope this helps

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During the year, Belyk Paving Co. had sales of $2,384,000. Cost of goods sold, administrative and selling expenses, and deprecia

Zina [86]

Answer:

(a) Income Statement

Belyk Paving Co.

Income statement for the year xxxx

Sales $2,384,000

Cost of goods sold $1,441,000

Gross Profit $943,000

Administrative and selling expenses $436,600

Depreciation expense $491,600

Operating Income 14,800

Interest expense $216,600

Income before Tax ($201,8000)

Tax rate 35% $0

Net Loss ($201,800)

(b) operating Cash flow

Net Loss ($201,800)

Add: Non cash Expenses (Depreciation) $491,600

Cash flow from operating activities $289,800

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3 years ago

The liaison role of a manager encompasses relationships with subordinates, including communication and influence, whereas the le

QveST [7]

Correct/Complete Question:

The liaison role of a manager encompasses relationships with subordinates, including communication and influence, whereas the leader role of a manager pertains to the development of information sources both inside and outside an organization. True or False.

Answer:

False

Explanation:

The role of a liaison manager is to maintain communication/information links inside and outside an organization while a manager in the leader role being one of the characteristics of a manager, involve the manager interacting directly and motivating subordinates as well as training subordinates.

Cheers.

4 0

3 years ago

Naida Baronowski is an American fashion designer who has a design firm in Chicago. Naida has been successful in the U.S. and wan

Artist 52 [7]

D. Sorry if im wrong

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3 years ago

A stock's price fluctuations are approximately normally distributed with a mean of $104.50 and a standard deviation of $23.62. Y

denpristay [2]

Answer:

$ 74.23

Explanation:

We are given the following:

mean, μ = $ 104.50

standard deviation, σ = $ 23.62

Using the z-score table, we have

P(Z < z) = 10% (since we are evaluating lowest 10% of values)

hence P(Z < z) = 0.10

P(Z < -1.282 ) = 0.10

z = -1.282 (this evaluates to 0.1 on the z-score table)

Using z-score formula,

x = z *σ + μ

substituting the values,

x =- - 1.282 * 23.62 + 104.50

= 74.23

The most for the stock is $ 74.23

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3 years ago

On December 31, 2019, the unadjusted credit balance of the Allowance for Overvaluation of Inventories: Hope Branch ledger accoun

Zigmanuir [339]

Answer:

Journal entries

Date Particulars Debit Credit

31, Dec 19 Investment in Branch Office $132,000

To Inventories $110,000

To Allowance for Overvaluation of $20,000

Inventories

31, Dec 19 Profit and loss $18,400

To Investment in Branch Office $18,400

31, Dec 19 Allowance for Overvaluation $10,000

of Inventories

To Realized Gross Profit: Branch Sales $10,000

Workings

1. Unrealized Inter-company Inventory Profit = (132,000/120) * 20 = $22,000

Shipment to Branch = 132,000 - 22,000 = $110,000

2. Unrealized Inter-company Inventory Profit = (60,000/120) * 2 = $10,000

5 0

3 years ago