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3 years ago

Discuss information needs of an organisation

Business

1 answer:

Annette [7]3 years ago

8 0

Answer:

hope you like it

Explanation:

Information can be specified as a compulsory element to be used in decision making in organisations. Decisions taken in organisations can be divided into two categories – strategic and operational, and each type of decision is associated with relevant information needs.

Information Storage

Every organization needs records of its activities to find the cause of problems and proper solutions. Information systems come in handy when it comes to storing operational data, communication records, documents, and revision histories.

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The Aztec civilization also had a school for a few select young women to become priestesses where they learned to weave and deco

Vladimir [108]

Answer:

True

Explanation:

The women become priestesses in a school, where they learned to weave an decorate costumes.

3 0

3 years ago

Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires

Nitella [24]

Answer and Explanation:

The journal entries are shown below:

1. On Sep 30

Cash $15750

To Sales $15,000

To Sales taxes payable ($15000 ×5%) $750

(Being the cash receipts is recorded)

For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities

2 On Sep 30

Cost of goods sold $12,000

To Merchandise inventory $12,000

(Being the cost of goods sold is recorded)

For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets

3 On Oct 15

Sales taxes payable $750

To Cash $750

(Being cash paid is recorded)

For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets

5 0

3 years ago

Thornton Industries began construction of a warehouse on July 1, 2016. The project was completed on March 31, 2017. No new loans

igomit [66]

Answer:

THORNTON INDUSTRIES

AMOUNT OF INTEREST TO BE CAPITALIZED FOR THE YEAR ENDED DECEMBER 31, 2016 AND 2017

2016

July 1 - Dec 31 $400,000 *4.8%*6/12 = $9,600

Sep 30 - Dec 31 $600,000*4.8%*3/12 = $7,200

Nov 30 - Dec 31 $600,000*4.8%*1/12 = <u>$2,400</u>

Total Interest for 2016 <u> $19,200</u>

2017

Jan 1 - Dec 31 $1,600,000*4.8% = $76,800

Jan 30 - Dec 31 $540,000*4.8%*11/12 = <u> 23,760</u>

Total interest for the year 2017 <u> $100,560 </u>

weightred average cost of capital =

$2,000,000 + $8,000,000

= 160,000 + 320,000

10,000,0000

=$480,000 / 10,000,000 = 0.048 = 4.8%

Explanation:

Interest to be capitalized on construction expenditure will be interest on the amount borrowed to finance such construction. the interest will be from commencement of the construction to the cessation period

6 0

3 years ago

A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 76 pounds of Kona coffee beans a

Slav-nsk [51]

Answer:

Explanation:

Base on the scenario been described in the question, we use the following method to solve the question

d = 75 lbs/day 200 days per year

D= 15,000 lb/year H= $3/lb/year S= $16/order

6 0

3 years ago

The price of a large pizza decreased from $18.00 to $14.00. As a result, the quantity demanded of skateboards increased from 330

natta225 [31]

Answer:

a. The percentage change in pizza prices is -25.00%.

b. The percentage change in pizza prices is 5.88%.

c. The cross elasticity of demand for pizza and skateboards is -23.53%.

We follow these steps to arrive at the answer.

<h3>a. Percentage change in price of pizza</h3>

The percentage change in price of pizza using the midpoint formula is:

$percentage change in price = ({\frac{P_{2} - P_{1}}{Average price})*100$

$Average Price = \frac{P_{2} + P_{1}}{2}$

In this question, P₁ is $18 and P₂ is $14

Substituting the values in the formula above we get,

$Average Price = \frac{14 + 18}{2}$

$Average Price = \frac{32}{2}$

$Average Price = 16$

$percentage change in price = (\frac{14 - 18}{16})* 100$

$percentage change in price = (\frac{-4}{16}) * 100$

$percentage change in price = -25$ %

<h3>b. Percentage change in quantity demanded of skateboards</h3>

The percentage change in quantity of skateboards using the midpoint formula is:

$percentage change in quantity = (\frac{Q_{2} - Q_{1}}{Average Quantity})*100$

In this question, Q₁ is 330 and Q₂ is 350

Substituting the values in the formula above we get,

$Average quantity = \frac{Q_{2} + Q_{1}}{2}$

$Average quantity = \frac{350 + 330}{2}$

$Average quantity = 340$

$percentage change in quantity = (\frac{350 - 330}{340})*100$

$percentage change in quantity = (\frac{20}{340})*100$

$percentage change in quantity = 5.8823529$ %

<h3>c. Cross Elasticity of demand of skateboards and pizza</h3>

We calculate the cross elasticity of demand as follows:

$Cross Elasticity Demand = \frac{percentage change in quantity of skateboards}{percentage change in price of pizza}$

$Cross Elasticity Demand = \frac{0.058823529}{-0.25}$

$Cross Elasticity Demand = -0.235294118$

$Cross Elasticity Demand = -23.53$ %

7 0

3 years ago

Discuss information needs of an organisation​

Discuss information needs of an organisation