All categories

3 years ago

The Balanced Scorecard is a useful tool for helping managers translate their strategy into action in the following areas:

Business

1 answer:

Drupady [299]3 years ago

7 0

Answer:

The answer is B.

Explanation:

Balanced scorecard is one of the management tools to measure performance. It has four important metrics:

1. Financial

2. Customer

3. Internal Process

4. Learning and Growth

Each of these four has their different parameters to be considered to reveal whether a firm is achieving his objectives or not.

You might be interested in

what are five ways you can make sure the customers experience is the best that can possibly turn them into a loyal customer?

DanielleElmas [232]

Answer:

Here is 6 ways

Explanation:

1. Set up ways to communicate with your customers

2. Provide extra perks for your most loyal customers

3. Consider different payment plans

4. Provide great customer service

5. Don’t rely too much on technology

6. Offer a head start

8 0

2 years ago

A risky fund has an expected return of 17% and standard deviation of 25%. The risk-free rate is 9%. The expected return of the o

Marrrta [24]

Answer:

the Sharpe ratio of the optimal complete portfolio is 0.32

Explanation:

The computation of the sharpe ratio is shown below:

= (Return of portfolio - risk free asset) ÷ Standard deviation

= (17% - 9%) ÷ 25%

= 8% ÷ 25%

= 0.32

Hence, the Sharpe ratio of the optimal complete portfolio is 0.32

We simply applied the above formula

4 0

3 years ago

A company’s total monthly sales (in millions of dollars) t months from now are given by:

Elina [12.6K]

Answer:

a) $\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3$

b) $S(4) = 0.5*(4^2) +3(4) -5=15 million$

c) For this case we have the total sales $ 15 millions after t =4 months

d) $S'(4) = 4+3 = 7 million$

e) This value represent the increase in the amount of sales in millions after t=4 months

Explanation:

For this case we have the following function for the sales

$S(t) = 0.5 t^2 +3t -5$

Part a

For this case we want to find the derivate of S respect to t and we got:

$\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3$

Part b

For this case we want to find the value of S when t = 4 so if we replace we got:

$S(4) = 0.5*(4^2) +3(4) -5=15 million$

Part c

For this case we have the total sales $ 15 millions after t =4 months

Part d

For this case we just need to replace t=4 in the derivate and we got:

$S'(4) = 4+3 = 7 million$

Part e

This value represent the increase in the amount of sales in millions after t=4 months

3 0

3 years ago

May 3 Allied made its first and only purchase of inventory for the period on May 3 for 3,000 units at a price of $9 cash per uni

Airida [17]

Answer:

Explanation:

May 3

Dr merchandise inventory 27,000

Cr Cash 27,000

May 5

Dr Accounts receivable 19,500

Cr Sales 19,500

May 5

Dr COGS 13,500

Cr Merchandise inventory 13,500

May 7

Dr Sales returns and allowances 1,950

Cr Accounts receivable 1950

Dr Merchandise inventory 1350

Cr COGS 1350

May 8

Dr Sales returns and allowances 750

Cr Accounts receivable 750

May 15

Dr Cash 16464

Dr Sales discount 336

Cr Account receivable 16800

19500-1950-750 = 16800

16800*2% = 336

7 0

3 years ago

Choco Chocolata is a cookie company in Juarez, Mexico that produces and sells American-style chocolate chip cookies with extreme

lyudmila [28]

Answer:

(1) The total amount of product costs is $79,430.

(2) The total amount of period costs is $37,300.

Explanation:

Note: There are two requirements in this question as follows:

(1) What is the total amount of product costs?

(2) What is the total amount of period costs?

These two are answered as follows:

(1) What is the total amount of product costs?

Product cost can be described as the expenses that are incurred in order to produce a product. These types of expenses are charged to cost of goods sold and include direct materials, direct labor, factory overhead, and consumable production supplies.

Therefore, the total amount of product costs of Choco Chocolata can be calculated as follows:

Choco Chocolata

Computation of Total Product Costs

Details Amount ($)

Utilities for the bakery 2,100

Paper used in packaging product 180

Salaries and wages in the bakery 23,500

Cookie ingredients 43,500

Bakery labor fringe benefits 1,300

Bakery equipment maintenance 800

Depreciation of bakery plant and equipment 2,200

Uniforms for bakers 750

Insurance for the bakery 900

Boxes, bags, and cups used in the bakery 1,100

Overtime premiums 2,600

Idle Time 500

Total 79,430

Therefore, the total amount of product costs is $79,430.

(2) What is the total amount of period costs?

Period costs are costs that are related to passage of time but cannot not be charged to the cost of goods sold.

Therefore, the total amount of period costs of Choco Chocolata can be calculated as follows:

Choco Chocolata

Computation of Total Period Costs

Details Amount ($)

Administrative costs 2,300

Rent for administration offices 18,500

Advertising 3,500

Office Manager's salary 13,000

Total  37,300 

Therefore, the total amount of period costs is $37,300.

8 0

2 years ago