Ask question

Ask question

All categories

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)

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

Tony is a 45-year-old self-employed psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he ca

Natali5045456 [20]

Answer:

Tony is a 45-year-old psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he can contribute to his SEP for the year? 300,000x.25= 75,000 or $57,000

$57,000

Explanation:

6 0

2 years ago

Current information for the Healey Company follows: Beginning raw materials inventory $ 29,200 Raw material purchases 74,000 End

Rzqust [24]

Answer:

cost of goods manufactured= $167,800

Explanation:

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

First, we need to determine the direct material used in production:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 29,200 + 74,000 - 30,600= 72,600

cost of goods manufactured= 36,400 + 72,600 + 56,800 + 44,000 - 42,000

cost of goods manufactured= $167,800

3 0

2 years ago

The law of diminishing marginal utility states that the: Multiple choice question. marginal utility associated with the consumpt

Drupady [299]

The law of diminishing marginal utility states that as more units of a good are consumed, the marginal utility from the consumption of the next unit becomes lesser. John's total utility from the consumption of two ice creams is 10, and his total utility from the consumption of three ice creams is 9.7.

<h3>What does the law of diminishing marginal utility State?</h3>

According to the law of declining marginal utility, when consumption rises, the marginal utility gained from each extra unit decreases, all other things being equal.
The incremental improvement in utility brought on by consuming one more unit is known as marginal utility.

<h3>Which law does the law of diminishing marginal utility affect?</h3>

According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person.
Consuming increasing quantities of a good gives economic actors less and less pleasure.

<h3>What is law of diminishing marginal returns?</h3>

According to the law of declining marginal returns, increasing the number of production factors leads to lesser increases in output.
The addition of any more of a production element after a certain level of capacity utilization would unavoidably result in lower per-unit incremental returns.

Learn more about diminishing marginal utility here:

brainly.com/question/13084220

#SPJ4

7 0

1 year ago

In regard to the stages (or rounds) of venture capital funding, the stage of funding that occurs when an investment is made very

NemiM [27]

Answer: seed capital

Explanation: In simple words, seed capital refers to the funding under which a venture capitalist invests in a project that involves introducing a completely new product or service.

Usually the projects that involves funding of seed capital have no physical existence or assets. These projects are just in from of idea and the venture capitalist feels that it can be a success so he invest in it. Generally, under such projects venture capitalist takes majority of capital in his hold for fully enjoying the potential benefit.

3 0

3 years ago

In 2013, Natural Selection, a nationwide computer dating service, had $500 million of assets and $200 million of liabilities. Ea

Allisa [31]

Answer and Explanation:

The computation is shown below:

a) Liabilities to equity ratio is

= $200 ÷ ($500 - $200)

= 0.667

Times interest earned ratio is

= EBIT ÷ Interest expense

= $120 ÷ $28

= 4.285

Times burden covered is

= EBIT ÷ (Interest +Principal repayment ÷ ( 1 -tax rate))

= 120 ÷ (28+24 ÷ (1-0.4))

= 1.764

b)

Interest paying requirements

= ($128 - $20) ÷ 120

= 76.7%

Principal and interest requirements

= [$120 - ($28 + $24 ÷ (1-0.4))] ÷ 120

= 0.433 or 43.3%

Principal, Interest and Common dividend payments -

= [$120 - ($28 + (($24 + 0.3 × 20) ÷ (1 - 0.4))] ÷ 120

= 0.35 or 35%

3 0

2 years ago