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statuscvo [17]
3 years ago
15

Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $

14,000 in each of the first three years, and $18,000 in the fourth year. What is the machine's net present value
Business
1 answer:
grandymaker [24]3 years ago
3 0

Answer:

54 percent

Explanation:

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Richard Palm is the accounting clerk of Olive Limited. He uses the source documents such as purchase orders, sales invoices and
Alik [6]

Answer:

Segregation of duties

Explanation:

Internal Controls are set of rules and guidelines that are followed to ensure effectiveness of business operations. The main risk in the business is weak internal controls. There are some organizations with strong internal controls but implementation of such controls is a challenge for organizations. There are human errors, IT security risks, fraud and compliance risk.  

The risks associated with Olive limited is that there is no segregation of duties, Richard Palm is preparing journal vouchers, posts the journal vouchers and reconciles the balance himself. If he makes an error in recording a transaction there is no one who reviews his work and can identify an error. Also if Richard is involved in a fraud and collaborates with purchase department or sales department staff, he can pass a transaction without any supervision.

6 0
4 years ago
The following are budgeted data: January February March Sales in units 15,900 21,800 18,900 Production in units 18,900 19,900 17
NISA [10]

Answer:

20,300 pounds

Explanation:

<u>Purchases Budget for February - Pounds</u>

Material required in Production                                              19,900

Add Opening Materials Inventory (19,900 x 20%)                  3,980

Total                                                                                         23,880

Less Closing Materials Inventory (17,900 x 20%)                 (3,580)

Budgeted Purchases                                                              20,300

Therefore,

Purchases of raw materials for February would be budgeted to be 20,300 pounds

8 0
3 years ago
Think of a product that you purchased within the past 6 months
dalvyx [7]

Answer:

<em>Product purchased:</em> a purse

<u />

<u>How did you recognize that you needed the product?</u>

Through a need for more space to carry personal items to work.

<u>Where or how do you look for information about alternative products that meet this need (product)?</u>

Buying online is one of the facilities made possible by new technologies, which allows us to choose the product that meets our desires and needs without having to go to a physical store, in addition to the possibility of comparing prices and getting special discounts.

<u>What alternatives did the research process generate and what variables did you use to make the final purchase decision?</u>

The alternatives found were fast fashion sites that offered a bag of the ideal size, with the expected quality and defined average price.

<u>Where did you buy the product and why?</u>

I bought the product at Zara, which is a top quality fashion department store that would meet all requirements and needs with the purchase.

<u />

<u>Were you satisfied after using or consuming the product? Explain.</u>

Yes, because the benefits added to the product met my needs and desires.

<u>There are 5 categories of influences as described in your text: economic, psychological. social, culture and ethnicity, purchasing situation. Which one(s) do you think had the greatest effect on your purchase decision? Please explain.</u>

The item that had the most effect on the purchase decision was the psychological and economic item, as the choice of the product was made due to a need for work, but whose purchase decision process took into account factors such as brand, quality and the price of the product.

6 0
3 years ago
The process of improving the competencies, team member interaction, and overall team environment to enhance project performance
irga5000 [103]

Answer:

Option C. Manage project team interactions

Explanation:

The reason is that when the team is well managed then the team leader will be focusing on driving maximum output in the following three areas:

  1. Cost
  2. Time
  3. Quality

If the team leader wants quality then it requires competent team members, likewise unskilled team workers requires to increase the competencies to control the cost and save the time. So this is what we call Project team management.

8 0
3 years ago
A list of n items is arranged in random order; to find a requested item, they are searched sequentially until the desired item i
denis-greek [22]
Infinitely. Not enough details for a better answer.
7 0
3 years ago
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