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Thepotemich [5.8K]
3 years ago
12

The process begins when a customer steps into line and ends when the customer receives the receipt and leaves the store. The pro

cess steps are the activities the customer and store personnel do to complete the transaction. A_________ is a standardized set of activities that accomplish a specific task,such as processing a customer’s order.
Business
2 answers:
Leona [35]3 years ago
7 0

Answer:

Business process

Explanation:

Business processis defined as a set of related and structured activities by people that involves a specific sequence that is aimed at producing a product or service.

For Ecole receiving orders, processing invoices, shipping products, and setting a marketing budget.

Business processes are fine tuned over time to increase efficiency and productivity.

Business processes are standardised per business and they make them unique to give a competitive advantage.

Alex787 [66]3 years ago
7 0

Answer:

A <u>BUSINESS PROCESS</u> is a standardized set of activities that accomplish a specific task, such as processing a customer's order.

Explanation:successfully.

Business processes are standardized activities that accomplish a specific business task. The business process steps are the activities that must be carried out by the company's employees to complete the business process. In many companies these steps are now partially or fully automated using computers (or other type of hardware) and specific software.  

Business processes can occur within an organization (with internal users) or with outside customers. The basically determine how work is carried out with the organization. They should be completely documented and the employees must fully understand them so that they are performed successfully.

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Torrey Co. manufactures equipment that is sold or leased. On December 31, 2021, Torrey leased equipment to Dalton for a five-yea
topjm [15]

Answer:

$850,000

Explanation:

The computation of Amount of income should Torrey realize from the lease transaction is shown below:-

Amount of income should Torrey realize from the lease transaction = Sale price - Cost

= $3,850,000 - $3,000,000

= $850,000

Therefore for computing the amount of income should Torrey realize from the lease transaction we simply deduct the cost from sales price.

5 0
3 years ago
The Chinese government chooses to control the value of its currency so that it is consistently worth some fixed amount of U.S. d
Vadim26 [7]

Answer: pegged exchange rate

Explanation:

A pegged exchange rate also referred to as the fixed exchange rate, sometimes is an exchange rate regime type whereby the value of a currency is fixed by the monetary authority of a particular country against the value of the currency of another country.

This is the type of exchange rate used by the Chinese government in the question above.

8 0
3 years ago
Cedric has been following a detailed review schedule in preparation for his test. He feels confident that he knows the material,
rewona [7]

Answer: Noting down of ideas

Explanation: Cedric could note down the ideas and points he remembers on the back of his test booklet. He should first read the question and  make short notes of every point he remembers regarding that question.

This strategy will help Cedric to answer the questions while doing the final writing in answer sheet. By doing this he can also improve his speed with accuracy while answering.

5 0
3 years ago
You have the following information on Olivia's Bridle Shop: total liabilities and equity = $65 million, current liabilities = $1
Pepsi [2]

Answer:

Total Fixed Assets = 20 million

Explanation:

Total liabilities and equity = $65 million

Current liabilities = $10 million

Inventory = $15 million

Quick ratio = 3 times.

As we know

Total liabilities and equity = Total Assets

65 Million = Total Fixed Assets + Total Current Assets

65 Million = Total Fixed Assets + 45 million

Total Fixed Assets = 65 million - 45 million

Total Fixed Assets = 20 million

Quick Ratio = ( Total Current Assets - Inventory ) / Total Current Liabilities

3 = ( Total Current Assets - 15 million ) / $10 Million

3 x $10 Million = Total Current Assets - 15 million

30 million = Total Current Assets - 15 million

30 million + 15 million = Total Current Assets

Total Current Assets = 45 Million

8 0
2 years ago
Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required an inv
djyliett [7]

Answer:

$ + 195593.6

Explanation:

First lets calculate the After depreciation net book value of the machine by computing depreciation as per MACRS 5-year class

Year 1 % Dep = 20%

Year 2 % Dep = 32%

Year 3 % Dep = 19.20%

So NBV of machine after 3 years

= 580,000 - (580000*0.20)-(580000*0.32)-(580000*0.1920)

=$167,040

We calculate the net taxable value of the gain as

=180,000 - 167040 = $12,960

Tax = 12960*0.34 = $4406.4

Thus the net cash flow proceeds from the sale of machine are as follows,

NCF = 180,000 - 4406.4 + 20,000 = $195593.6

where $20,000 is the freed working capital.

Hope that helps.

5 0
3 years ago
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