Who reports to the treasurer is responsible
for paying suppliers?
<span>The Accounts Payable team is responsible or
paying suppliers and reporting to the treasurer. Accounts payable refers to
funds that are owed by a company to its creditors. The Accounts Payable team
will report directly to treasurer unless there is a cashier in place to handle
the transaction. </span>
Available Options Are:
a. Cost of Goods Sold
b. Net Profit Margin
c. None of these
d. Asset Turnover
Answer:
Option B. Net Profit Margin
Explanation:
The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.
Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.
Option D is incorrect because asset turnover formula is:
Asset Turnover = Sales / Total Assets
The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.
Answer:
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Explanation:
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Answer:
Explanation:
a) Data and Calculations:
Decrease in the price of penguin patties = 5%
Quantity of frizzles sold increase by 4%
Quantity of mookies sold decrease by 5%
Cross-price elasticity of frizzles relative to penguin patties = 4%/-5% = -0.8
Cross-price elasticity of mookies relative to penguin patties = -5%/-5% = 1
Relative to Frizzles Cross-Price Complement Recommend
and Mookie's Elasticity of Demand or Substitute Marketing
Frizzles -0.8 (4%/-5%) Complement with patties
Mookie's 1 (-5%/-5%) Substitute without patties
b) The cross-price elasticity measurements for penguin patties and frizzles and Mookie’s are calculated by taking the percentage changes in the quantity demanded of frizzles and Mookie’s and dividing them by the percentage change in the price of the penguin patties. Complementary goods have a negative cross- price elasticity because as the price of penguin patties decreases by 5%, the demand for the frizzles increases by 4%. Substitute goods have a positive cross-price elasticity because as the price of penguin patties decreases by 5%, the demand for the other good decreases by 5%.
Answer: The three types of projects based on the amount of change involved are 1. platform projects, 2. Derivative projects, 3. Break through projects.
Explanation:
1. Platform projects: A project involving basic changes in the existing products or services or in the methods in which products or services are made and delivered. The next generation of products for a company lies under these projects.
2. Derivative projects: A project involving additional or smaller changes in the product is consider to be derivative projects.
3. Break through projects: The common characteristics of breakthrough projects are to create and capture a new market opportunity, execution of an initiative which is challenging , and to achieve a particular results or outcomes that are unparalleled for the team or a company.