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KengaRu [80]
3 years ago
15

A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions n

eed to be made. The type of information system most likely to provide this type of information would be classified as a
Business
1 answer:
juin [17]3 years ago
3 0

Answer:

Management information

Explanation:

From the question we are informed about instance, whereby A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions need to be made. In this case, The type of information system most likely to provide this type of information would be classified as a Management information. Management information system can be regarded as a an information system that is been used in decision-making as well as in the coordination, control and analysis or visualization of information in an organization.

Studing of management information systems encompass the people as well as the processes and technology as regards an organizational context.

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Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are
Virty [35]

Answer:

- $651,234.54

Explanation:

Data provided in the question:

Cost of remodeling = $3.4 million = $3,400,000

Rent paid each year = $820,000

Duration, n = 5 years

Discount rate, r = 15% = 0.15

Now,

Present value of the amount rent paid each year = A × \left[ \frac{1-(1+r)^{-n}}{r} \right]

Here,

A = Rent paid each year

Thus,

Present value of the amount rent paid each year

= $820,000 × \left[ \frac{1-(1+0.15)^{-5}}{0.15} \right]

= $820,000 × 3.352153

= $2,748,765.46

Therefore,

Benefit = Present value of the amount rent paid - Cost of remodeling

= $2,748,765.46 - $3,400,000

= - $651,234.54

7 0
4 years ago
What are the main purposes of a budget?
disa [49]
In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance
7 0
3 years ago
Read 2 more answers
Which of the following is a required financial statement? 1 point Statement of Auditor Independence Statement of Cash Flows Stat
kondor19780726 [428]

Answer:

statement of revenues

8 0
3 years ago
The following table summarizes Nowman's non-cancelable operating lease payments with remaining terms in excess of one year for t
Anna007 [38]

Answer:

$1,872,000

Explanation:

The amount of operating lease obligation that needs to be reported on the balance sheet on December 31, 2018 is the total  lease payment in next following years

= $220,000 + $180,000 + $240,000 + $210,000 + $190,000 + $832,000

= $1,872,000

If you want to know the payment lease in 2024 - 2027, we do as following:

The average of prior years between 2019 to 2023

= ($220,000 + $180,000 + $240,000 + $210,000 + $190,000)/ 5 years

= $208,000

And for years after 2023, the annual lease payment should be treated as the average of prior years between 2019 to 2023, then lease payment in 2024 - 2027 is $208,000 annually. Total $832,000 in 4 years.

8 0
3 years ago
Assume the risk free rate is 4 percent, the required rate of return on the market portfolio is 15 percent, and the reported beta
Eddi Din [679]

Answer:

required rate of return on the stock = 22.7%

so correct option is e. 22.7 percent

Explanation:

given data

risk free rate = 4 percent

rate of return = 15 percent

beta = 1.7

to find out

required rate of return on the stock

solution

we get here required rate of return on the stock that is express here as

required rate of return on the stock = risk free rate + beta × ( Return on the Market portfolio - Risk free Rate)   ........................1

put here value we get

required rate of return on the stock = 4 + 1.7 × ( 15 - 4)

required rate of return on the stock = 22.7%

so correct option is e. 22.7 percent

5 0
4 years ago
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