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3 years ago

A ________ is a senior manager who oversees the use of IT in the firm.A) CEOB) CFOC) CIOD) CTOE) CKO

Business

1 answer:

Brums [2.3K]3 years ago

8 0

Answer:

The correct answer is letter "C": CIO.

Explanation:

The CIO or Chief Information Officer is the high executive responsible for all the Information Technology (IT) systems of a company at the process level and from the planning point of view. The CIO analyses the benefits the firm can take from new technologies, identifying which ones are of the interest of the company and evaluating its functioning.

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Which one of these affects the length of the cash cycle but not the operating cycle? A) Inventory period B) Accounts payable per

kifflom [539]

Answer:

E) Both the accounts receivable and the accounts payable periods

Explanation:

The account receivable and the accounts payable affect the length of the cash cycle. This is because, the longer the cash cycle, the more likely a firm will need external financing.

4 0

3 years ago

The Dougherty Furniture Company manufactures tables. In March, the two production departments had budgeted allocation bases of 4

Bezzdna [24]

Answer:

a. Manufacturing overhead rate - Department 100 = $57,500 / 4,000 hours = $14.375 per machine hours

Manufacturing overhead rate - Department 200 = $62,500/8,000 hours = $7.8125 per machine hours

b. Journal Entries

S/N Account Titles Debit Credit

1 Inventory - Raw material $110,000

Account Payable $110,000

2 Work in process $32,500

Manufacturing overhead $7,500

Inventory - Raw materials $40,000

3 Work in process $52,500

Manufacturing overhead $11,000

Materials control $63,500

4 Manufacturing overhead $17,250

Leasehold payable $16,250

Utilities payable $1,000

5. WIP Control (14,375*800) $11,500

Manufacturing overhead allocation $11,500

c. Particulars Dep 100 Dep 200 Total

Direct materials $32,500 $13,500 $46,000

Direct labour $52,500 $13,500 $106,000

Manufacturing overhead $35,750 $18,750 $54,500

(11,000+7,500+16,250+1,000

+9,000+4,750+3,750+1,250)

Total Cost of Job A $120,750 $85,750 $206,500

7 0

3 years ago

Your portfolio is 310 shares of Callahan, Inc. The stock currently sells for $101 per share. The company has announced a dividen

Veseljchak [2.6K]

Answer:

$31,240

Explanation:

Calculation for what is your portfolio value as of April 19

Using this formula

Portfolio value= Stock value + Cash

Let plug in the formula

Portfolio value = [(310 shares× ($101 -3.20))+ (310 shares × $3.20) ]

Portfolio value = [(310*97.80)+922)]

Portfolio value=$30,318+$922

Portfolio value=$31,240

Therefore your portfolio value as of April 19 will be $31,240

5 0

3 years ago

Ayala Inc. has conducted the following analysis related to its product lines, using a traditional costing system (volume-based)

Valentin [98]

Solution :

a). Operating the income using traditional costing system

Products Sales revenue($) Traditional($) Operating income($)

( A ) ( B ) ( A - B )

540X 198,200 54,440 143,760

137Y 158,700 49,090 109,610

249S 83,190 11,290 71,900

b). Operating income using the activity-based costing system

Products Sales revenue($) Traditional($) Operating income($)

( A ) ( B ) ( A - B )

540X 198,200 45,520 152,680

137Y 158,700 39,290 119,410

249S 83,190 30010 53,180

5 0

3 years ago

(Consider This) In 1975, McDonald's introduced its Egg McMuffin breakfast sandwich, which remains popular and profitable today.

Masteriza [31]

Answer:

C. consumer sovereignty.

Explanation:

Consumer sovereignty in economics imply that consumers have the power to determine what will be produced. They do this by demanding for products they want, increasing its supply and demanding less of products they do not want which reduces its supply.

I hope my answer helps you

7 0

3 years ago