What is involved in the process of reconciliation?

Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt

Masteriza [31]

Answer:

Crowdsourcing technique.

Explanation:

Crowdsourcing involves collection of information from a group of people that have relevant input in a subject, and is usually done over the internet. It allows business save money because the feedback is usually lowcost or free, and saves time.

Threadless by allowing people submit their own designs and vote on what designs they would like to see on T-shirts, are using crowdsourcing to get feedback and ideas from the public.

5 0

3 years ago

A company with a high ratio of fixed costs:

garik1379 [7]

Answer:

The correct answer is: more likely to experience a loss when sales are down than a company with mostly variable costs.

Explanation:

The fixed cost ratio is a simple ratio that divides fixed costs by net sales.

The profit formula is:

Profit = Sales- Total cost =(Price * Q)-(FC + VC*Q)

Where

FC=Fixed cost

VC= variable cos t

Q=produce quantity

If sales go down, we have to pay this fixed cost even if we have no sales. So if this Fixed cost are high , is most likely we are going to experience loss

4 0

3 years ago

Erie company has 500 units of capacity for their traditional product, Emu, and buys one point of automation. If Erie company’s c

11111nata11111 [884]

Answer: 2 years

Explanation:

The payback period is the amount of time that is needed for the required cash inflow of a project to offset the initial cash outflow that the business offsets. The payback period is when the initial outlay of an investment is recovered. There are two different methods used to calculate payback period. We have the average method and the subtraction method.

In the above question, the payback period is solved as follows:

Labour cost decreases by 10% for each unit.

Therefore,

= $10 × 10%

= $10 × 0.1

= $1 per unit.

In order to recover $2000, the business needs to sell the following;

= 2000/1

= 2000units.

If Eric sells 1000 units per year of Emu, it will take:

2000/1000= 2years

In conclusion, the payback period of the investment is 2 years.

8 0

2 years ago

Paulina believed that the new hires in her department were lazy for failing to make use of the company's expert software system,

Andrei [34K]

If the new hires had not been adequately trained to make use of the system. This is an example of fundamental attribution bias.

<h3>What is fundamental attribution bias?</h3>

Fundamental attribution bias can be defined as the way in which a person judge another person without considering the situation factors.

Based on the giveing scenario Paulina is using fundamental attribution bias on the new employ by ignoring the reason why the new hire did not use the company's expert software system.

Therefore this is an example of fundamental attribution bias.

Learn more about fundamental attribution bias here:brainly.com/question/17109470

8 0

1 year ago

Susan's salary is $44,000 and she received dividends of $600. She received a statement from SJ partnership indicating that her

EastWind [94]

Answer:

Income Tax is referred to as the amount of money an individual is required to report and remit to the tax agencies for earning revenues. Also, it is the federal government's share from the individual's earnings which would be used for their public works projects such as building railways and sewage treatment.

The following amounts are taxable and not.

a. Salary, $44,000 (Yes )

b. Dividends received, $600 (Yes )

c. Share of partnership income, $4,000 (Yes)

d. Partnership distribution in the current year, $1,000 (No)

e. Partnership distribution in the following year, $600 (No)

f. State lottery winnings of $2,000 (Yes)

3 0

3 years ago

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