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3 years ago

If you are projecting your future financially, what are your

Business

1 answer:

Nikolay [14]3 years ago

7 0

Answer:

Forecasting

Explanation:

Because a weather forecast looks ahead for weather. You are forecasting your financial future

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Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. The pro forma income st

Monica [59]

Answer:

Operating Profit for next year will be $432,500

Explanation:

Particulars Current Year Next Year

Sales $3,500,000 $3,500,000 X 95%

= $3,325,000

Less: Costs

Material $500,000 $500,000 X 110%

= $550,000

Labor $250,000 $250,000 X 110%

= $275,000

Overhead $275,000 $275,000 X 110%

= $302,500

Fixed OH $600,000 $600,000 + $45,000

= $645,000

Gross Profit $1,875,000 $1,552,500

Less:

Selling & Administrative $750,000 $750,000 X 110%

= $825,000

Fixed Selling $250,000 $250,000 + $45,000

= $295,000

Operating Income $875,000 $432,500

Operating Profit for next year will be $432,500

5 0

3 years ago

When marketers strive to get their customers the merchandise they want, when they want it, in the required quantities, and at a

ipn [44]

Here is the answer that would best complete the given statement above. <span>When marketers strive to get their customers the merchandise they want, when they want it, in the required quantities, and at a lower delivered cost than that of their competitors, they are hoping to achieve a sustainable competitive advantage through OPERATIONAL excellence. Hope this helps.</span>

6 0

3 years ago

The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following i

PtichkaEL [24]

Answer:

$197,000

Explanation:

Given that,

Retained earnings balance at the beginning of the year = $151,000

Cash dividends declared for the year = $46,000

Net income for the year = $92,000

Ending balance for retained earnings:

= Opening balance + Profit earned during the year - Cash dividends declared for the year

= $151,000 + $92,000 - $46,000

= $197,000

4 0

3 years ago

What is the disadvantage of getting line managers to recruit for a firm?

tankabanditka [31]

Answer: B) They have to take time out from their actual jobs.

Explanation: Line managers are often referred to personnels in an organization who are in charge if a particular department or sector and hence, charged with the responsibility of handling and overseeing the performance of particular employees and output of his or her department. This puts line managers in a position of knowing the employees in his or her department, what the department needs in terms of personnel in other to raise and drive productivity. However, charging line managers with the responsibility of recruiting for the organization will result in the disruption of their actual job role and will definitely have to take time out in other to facilitate the recruitment process which will definitely have an effect on their performance and actual duty.

3 0

3 years ago

Select all that apply.

Dahasolnce [82]

Answer:

When using shared work areas, show consideration by:

1. notifying the proper person when supplies are needed

2. returning equipment and tools to their proper place

3. keeping shared work areas neat

Explanation:

Sharing work space is a scenario where members of a company or organization share certain resources in that particular company. The work spaces involved include; office space, work environment and equipment. Since the resources in a shared work space are always limited, there needs to be an organized arrangement that minimizes conflict. There are also several practices that ensures that resources are shared smoothly. The following considerations can go a long way in minimizing conflicts when using shared work areas, namely

1. Notifying the proper person when supplies are needed. In an organization there is always the division of labor where different individuals in an organization have specific duties and responsibilities. It would be prudent to notify whoever is in charge of supplies which ensures accountability.

2. Returning equipment and tools to their proper place. After using the equipment and tools it is always import for them to be returned in their proper place where others can also have access to it.

3. Keeping shared work areas neat. Always consider others when sharing a work area. Try to keep the work areas neat to accommodate others who might not like working in a dirty environment.

8 0

4 years ago

Read 2 more answers