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fenix001 [56]
3 years ago
10

Internal information: A. attempts to describe something that is unknown. B. describes the environment surrounding the organizati

on. C. describes specific operational aspects of an organization. D. quantifiably describes something that is known.
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

Option c: Describes specific operational aspects of an organization

Explanation:

Management information systems (MIS)

This is commonly used in planning for, development, management, and use of information technology tools to help individuals carry out all tasks related to information processing and management

Internal Information

This are simply refered to as a form of information that is gotten or developed from activities that occur within the organization. Example is sales

External Information

This simply gives a reason or an understanding of factors outside of the organization.

Internal data sources

They are said to be sources that are available within the organization. Examples of internal data sources includes: Customer profiles, Sales analysis reports, inventory analysis, production reports etc.

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A delivery truck costing $25,000 is expected to have a $1,500 salvage value at the end of its useful life of four years or 125,0
Helga [31]

Answer:

a.

Depreciation expense year 2 Straight line = $5875

b.

Depreciation expense year 2 Double declining = $6250

c.

Depreciation expense year 2 units of activity = $5264

Explanation:

a.

Straight line method is a depreciation method that charges a constant depreciation expense through out the useful life of the asset. Straight line depreciation per year is,

Straight line depreciation = (Cost - Salvage value) / Estimated useful life

Straight line depreciation = (25000 - 1500) / 4    =  $5875 per year

Straight line rate = 100% / 4 = 25%

b.

Double declining balance is an accelerated method of depreciation that charges more depreciation in the initial years and less in later years. Double declining balance depreciation is calculated as follows,

Depreciation expense = 2 * Straight line rate * Book value at start of the period

Depreciation expense year 1 = 2 * 0.25 * 25000     = $12500

Book value at start of year 2 = 25000 - 12500 = $12500

Depreciation year 2 = 2 * 0.25 * 12500  =  $6250

c.

The units of production method charges depreciation based on the activity for which asset is used as a proportion of the estimated useful life in terms of activity.

Depreciation expense year 2 = (28000 / 125000) * (25000 - 1500)

Depreciation expense year 2 = $5264

7 0
2 years ago
Lance’s Diner has a hot-lunch special each weekday and Sunday afternoon. The cost of food and other variable costs for each meal
Bumek [7]

Answer:

(a) $700

(b) $5.50

Explanation:

Weekly fixed costs = $6,000

Weekly Total meals = Average customers per day × No. of days

                                 = 500 × 6

                                 = 3,000

Fixed cost per meal = Weekly fixed costs ÷ Weekly Total meals

                                  = $6,000 ÷ 3,000

                                  = $2

(a) Lowest price in total = Number of customers × Variable costs for each meal

                                       = 200 × $3.50

                                       = $700

(b) Lowest price = Variable costs for each meal  + Fixed cost per meal

                           = $3.50 + $2

                           = $5.50

5 0
3 years ago
Ano ang kasingkahulugan ng naalimpungatan.​
topjm [15]
Im sorry , i don’t understand .
but have a good day <33
7 0
3 years ago
Assume that the CEO of a company gave you the project charter specifying your authority, among others to work on an initiative p
viktelen [127]

Answer:

Characterize a project based on the above narration and distinguish the project manager from an operations manager?

Explanation:

4 0
3 years ago
Indicate the effect of each transaction during the month of October 20Y8 and the balances for the accounting equation after all
Leona [35]

Answer:

For better visualization, the answer is presented in a table

\left[\begin{array}{ccccc}&Assets&=&Liabilities +&Equity\\1&45,000&=&&45,000\\2&-2,000&=&&-2,000\\Bal.&43,000&=&0&43,000\\3&5,000&=&&5,000\\Bal.&48,000&=&0&48,000\\4&&=&&\\Bal.&48,000&=&0&48,000\\5&20,000&=&20,000&\\Bal.&68,000&=&20,000&48,000\\6&-1,000&=&&-1,000\\Bal.&67,000&=&20,000&47,000\\7&8,000&=&&8,000\\Bal.&75,000&=&20,000&55,000\\8&-3,000&=&&-3,000\\Bal.&72,000&=&20,000&52,000\\9&-100&=&&-100\\Bal.&71,900&=&20,000&51,900\\\end{array}\right]

Procedure details described below:

Explanation:

<em>Opened a business bank account for Jones, Inc., with an initial deposit of $45,000 in exchange for common stock. </em>

The cash is an asset for the company And Jones Is the Owner thus, asset and equity increase by 45,000

<em>Paid rent on the office building for the month, $2,000. </em>

The rent is an expense is an incurred cost to continue the operations of the business It decreases the equity and asset (cash used to pay the rent)

<em>Received cash for fees earned of $5,000. </em>

The fees are revenue from the business operations this is a realized gain, therefore, increases equity. Also, Assets increase as cash is an asset.

<em>Purchased equipment, $7,000.</em>

There is no change in the quantities but, the composition of the asset did change. Cash decrease while equipment increase.

<em>Borrowed $20,000 by issuing a note payable. </em>

The note payable is a future obligation to pay. It is a liability for the company assumed in exchange for an asset (cash)

<em>Paid salaries for the month, $1,000. </em>

Like rent, this is an incurred cost(expense) It decreases Equity also, assets as we use cash to pay it.

<em>Received cash for fees earned of $8,000.</em>

Exactly like the previous time, a realized gain generates an increase in equity and assets.

<em>Paid dividends, $3,000.</em>

The dividends are paid to the company's owners thus, the cash leaves the company into the owner's pocket. Both, assets and equity decrease (as there are fewer assets available for the owners to take)

<em />

<em>Paid interest on the note, $100.</em>

The interest also is an incurred cost thus, like salaries and rent expense we decrease equity and assets.

3 0
2 years ago
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