1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nydimaria [60]
2 years ago
12

5) "Once a business develops a solid information system to meet its needs, that system will serve the business for at least 25 y

ears." Is this statement true or false? Explain. (2 points)​
Business
1 answer:
uysha [10]2 years ago
8 0

Answer:

This is not correct, as the information systems in this age are rapidly transforming, due to artificial intelligence and IoT.

You might be interested in
Due to impending labor strife over planned layoffs in its Silicon Valley headquarters, a social networking company has decided t
Ivanshal [37]

Answer:

putting a halt on the layoffs

Explanation:

This strategy should begin by putting a halt on the layoffs. This should be top priority since the layoffs themselves are the main cause for the criticism that the company is receiving and this criticism is the sole reason as to why its market position and staff productivity has fallen drastically. People think the company is failing and the staff is scared that they will eventually be fired. By stopping layoffs and waiting for a market recovery you give other better options a chance to arise and more efficient strategies to take effect.

6 0
3 years ago
Suppose Will gives his wallet containing $100 to Alex to hold while he works out. During Will’s workout, Alex uses the $100 to p
kondor19780726 [428]

Answer:please refer to the explanation section

Explanation:

Mechanic = $100

Vet = $100

Alex (payment from vet) = $100

Will's $100 bill has created $300.

This situation is explained in detail by the concept known has the multiplier. The multiplier measures how much impact will a change in an exogenous variable will cause in endogenous variables, for example How much a increase in Government spending will change Gross Domestic Product.

The multiplier in this case is 3,

3 0
3 years ago
In 2018, its first year of operations, Kimble Corp. has a $740,000 net operating loss when the tax rate is 35%. In 2019, Kimble
ivanzaharov [21]

Answer:

Explanation:

The journal entries are shown below:

a) Deferred tax asset A/c Dr  $259,000          ($740,000 × 35%)

          To benefit due to loss carry forward $259,000      

(Being recording of the carry forward amount is done)

Benefit due to loss carry forward A/c  Dr $259,000      

        To allowance to reduce deferred tax to expected realizable value $259,000      

(Being allowance amount is recorded)

b) Income tax expense A/c Dr.  $101,500       ($290000 × 35%)

        To Deferred Tax Asset A/c $101,500  

(Being recording of current tax and deferred tax is done)

Allowance to reduce deferred tax to expected realizable value Dr $101,500  

            To benefit due to loss carry forward $101,500

(Being allowance eliminated and carry forward loss is recorded)

5 0
3 years ago
On July 1, Marin Inc. purchases 440 shares of its $5 par value common stock for the treasury at a cash price of $12 per share. J
GrogVix [38]

Answer:

Explanation:

The journal entry is shown below:

On July 1

Treasury stock A/c Dr $5,280

        To Cash A/c $5,280

(Being purchase of treasury stock for cash is recorded)

The computation is shown below:

= Number of shares purchased × cash price per share

= 440 shares × $12

= $5,280

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Consider Country (Z) with a GDP level of 210,000 and a growth rate of 5% in 2019 (i.e. calculated at the end of year 2019). The
Natasha2012 [34]

Answer:

Country (Z) GDP Growth:

a) The GDP will double in:

2019 - 2022 = 3 years

2022 - 2025 = 3 years

2025 to 20 years as determined below

Total = 26 years

The GDP will double in 26 years.

b) The growth rate from 2025 and so on at 1% will approach 27.62% based on the 2019 GDP.  The approach used is to determine the difference between the after 2025 GDP and the 2019 GDP.  This difference (growth in absolute terms) is divided by the 2019 GDP, and then multiplied by 100 to obtain the rate.

c) If the growth rate of 5% is sustained, it will take the GDP 15 years to double:

420,000 = G₀(1 + g)ⁿ

420,000 = 210,000 (1 + 5%)ⁿ

Solving for n with an online calculator,

n = 15 years

Check:

210,000 x 2.079

= 436,590

= 437,000 approx.

As a number of years = 15 years

As a fraction of part a answer = 15/26 = 57.69%

Explanation:

a) 2019 Country Z's GDP = 210,000

2019  - 2022 Growth rate = 5%

Future growth rates:

2022- 2025 = 3%

2025 - so on = 1%

Let Country (Z's) GDP in 2019 = G₀ which is equal to 210,000

n = number of years from 2019 to 2022, 2022 to 2025, and so on.

g = growth rate = 5% for the period 2019 to 2022

Gⁿ = GDP in n years at given rates

Gⁿ = G₀(1 + g)ⁿ

(1 + g)ⁿ = increase in GDP as a result of the growth rate and number of years

b) With GDP growth of 5% from 2019 to 2022, the GDP will be

= 210,000 (1 + 5%)³

= 210,000 x 1.158

= 243,000 approx.

c) From 2022 to 2025 at 3%, the GDP will be

= 243,000 (1 + 3%)³

= 243,000 x 1.093

= 265,600

For GDP to double the 2019 GDP with 3% growth = 420,000 (210,000 x 2) or more

GDP = Gⁿ = G₀(1 + g)ⁿ

420,000 = 243,000 (1 + 3%)ⁿ

solving for n with an online calculator,

n = 20

Check:

= 243,000 (1 + 3%)∧20

= 243,000 x 1.817

= 441,531

= 442,000

4 0
3 years ago
Other questions:
  • Alicia (age 27) is a single, full-time college student. she earns $13,200 from a part-time job and has taxable interest income o
    7·2 answers
  • The Delta Manufacturing Company has a marginal tax rate of 21 %. The last dividend paid by Delta was $2.60. The expected long-ru
    7·1 answer
  • Please select whether below is true or false?
    9·1 answer
  • Why is it important to note the exact variety of fresh produce desired, instead of merely noting the type of item needed
    5·1 answer
  • Presented below is net asset information related to the Marin Division of Santana, Inc.MARIN DIVISIONNET ASSETSAS OF DECEMBER 31
    12·1 answer
  • Describe business transaction that will do the following.
    11·1 answer
  • When Social Security was first instituted by President Franklin Roosevelt in 1935, the payroll tax rate on wages used to fund th
    5·1 answer
  • Refer to the makeup of a firms capitalization
    9·2 answers
  • The ___ can transfer the right to cash a check to another party by endorsing
    8·1 answer
  • YO Easy question for all
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!