Which budgetary category changed the most between your old budget and your new budget? Why?

1. Operating activities: It involves those transactions that after net income affect the working capital. It will subtract the rise in current assets and a reduction in current liabilities, while adding the reduction in existing assets and a rise in current liabilities.

This will moderate the adjustments in working capital. In addition, the depreciation expenses are applied to the net profit and the loss on the selling of assets is added, while the gain on the sale of assets is excluded

2. Investing activities: it tracks operations that involve purchasing and selling long-term properties. Purchase is cash outflow while selling is cash inflow

3. Financing operations: it tracks transactions that have an impact on long-term debt and equity balance of shareholders. Share issue is a cash inflow while redemption and dividend are cash outflows.

Therefore, the categorization is shown below:

(1) Received cash dividends from investments in trading securities. = an (I) investing activity

(2) Collected accounts receivable from customers.= an (O) operating activity

(3) Issued bonds payable for cash.= a (F) financing activity

(4) Paid wages to employees. = an (O) operating activity

(5) Issued stock for cash. = a (F) financing activity

(6) Sold equipment for cash. = an (I) investing activity

(7) Purchased land in exchange for a note payable. = a significant (N) non-cash financing and investing activity

(8) Paid cash dividends. = a (F) financing activity

(9) Received interest from investments in trading securities. = an (I) investing activity

(10) Purchases of land for cash. = an (I) investing activity

7 0

3 years ago

Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of

Mashcka [7]

Answer:

1. Executive Information System (EIS).

2. Corporate Portal.

3. Intranet.

Explanation:

Information technology (IT) can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology (IT) has significantly helped to improve both internal and external access and sharing of information between two or more business firms and individuals. Basically, there are three (3) main kinds of information technology (IT) which allow informations to be accessed and shared internally among employees; executive information systems (EIS), intranets, and portals.

1. Executive Information System (EIS): it assist managers working in an organization to monitor and analyze organizational performance. An Executive information system is also referred to as an Executive support system and it can be defined as a management support system that enhances and supports all of the senior executive information and decision-making process.

2. Corporate Portal: it's a hybrid system that uses a web address (uniform resource locator-URL) to give employees access to customized information and specialized transactions with respect to an organization.

3. Intranet: it's an internal company network which is private and provides employees with easy access to information.

8 0

2 years ago

For an analysis of the salaries of your company, you plot the salaries of all employees against the number of years they have w

Arisa [49]

Answer:

1. That values that you must plot are:

(1, 4.08))

(20, 5.08)

(40, 6.18)

2. Yes, the plot of those three points is straight enough.

Explanation:

A. What are the values you will plot?

The x-ccordinate of your plot is still the number of years the exmployees have worked for the company.

The y-coordinate of your plot is the the base-10 logarithm of the salary.

Therefore:

1) A part-time shipping clerk: 1 year, $12,000

⇒ $(1,log_{10}12,000)=(1,4.08)$

2) A manager: 20 years, $120,000

⇒ $(20,log_{10}120,000)=(20,5.08)$

3) The CEO: 40 years ago, $1,500,000

⇒ $(40,log_{10}1,500,000)=(40,6.18)$

Summarizing, the points to plot are:

(1, 4.08)

(20, 5.08)

(40, 6.18)

B. Will the plot of these three points be straight enough?

To find whether the plot is straight enoguh, you may either plot them, make a regression, or, since they are only three points, you can whether the change of rate of the points is constant.

Change of rate of the first two points, r:

r = rise/run = Δy / Δx = (5.08 - 4.08) / (20 - 1) =1.00/19 ≈ 0.05

Change of rate of the second and the third points, r:

r = rise/run = Δy / Δx = (6.18 - 5.08) / (20 - 1) = 0.05

Since both rate of changes are equal (or reasonably equal) the plot is straight enough.

4 0

3 years ago