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anygoal [31]
3 years ago
10

State the purpose of assets​

Business
1 answer:
oksano4ka [1.4K]3 years ago
3 0

Answer:

Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.

Explanation:

Hope this helps!

You might be interested in
When Keisha started her new job, she went through ______ to help her transition and fit smoothly into the job and organization.
VARVARA [1.3K]

Answer: Orientation

Explanation:

Orientation is the process through which information and guidelines of organization or form is provided to newly hired employees.They are introduced to culture of organization, dress-code, work-place, payment, incentives,benefits, colleagues and other employees, duties etc.

According to the question,Keisha is going through orientation process so that she can get associated with her job and work space accordingly as a new employee.

4 0
3 years ago
How data of new hired empployees are saved?
zaharov [31]

Answer:

<u><em>The HRM saves the data</em></u>

Explanation:

The Human resource management (HRM) department handles recruitment for most companies that have such a department. Therefore whenever a company recruits employees the employee data such as;

  1. Address,
  2. Family details,
  3. Medical records,
  4. Age etc,

is sent to the HRM and is usually kept within the organization for internal usuage only in a database or company's internal website.

7 0
3 years ago
Brandon, a manager at Cerium Corp., is required to provide individual performance feedback to his subordinates. In this scenario
Ilia_Sergeevich [38]

Based on the fact that Brandon has to provide information to subordinates, this communication is at an organizational level.

<h3>What is organizational level communication?</h3>

This refers to communication that takes place between employees of a company as a result of organizational requirements.

Brandon as a manager, has to communicate with other employees who are subordinates so this is organizational level communication.

Find out more on levels of communication at brainly.com/question/26933782.

#SPJ1

6 0
1 year ago
Cassie's Quilts​ alters, reconstructs, and restores heirloom quilts. Cassie has just spent​ $800 purchasing,​ cleaning, and reco
eduard

Answer:

The marginal cost is $200 that she needs to complete the task.

Explanation:

Giving the following information:

Cassie has just spent​ $800 purchasing,​ cleaning, and reconstructing an antique quilt which she expects to sell for​ $1,500 once she is finished. After having spent​ $800, Cassie discovers that she would need some special period fabric that would cost her​ $200 in material and time to complete the task. ​ Alternatively, she can sell the quilt​ "as is" now for​ $900.

The $800 is a sunk cost. Now we need to determine the marginal cost. The marginal cost is $200 that she needs to complete the task.

6 0
3 years ago
Target Profit Beard Company sells a product for $15 per unit. The variable cost is 10 per unit, and fixed costs are 1,750,000. D
lakkis [162]

Answer:

a. Break-even point in sales units = 350,000 units

b. Break- even point in sales units to achieve a target profit of $400,000 = 430,000 units

Explanation:

a. Break-even point in sales units = Fixed cost ÷ Contribution margin per unit

= $1,750,000 ÷ $5

= 350,000 units

Working note:- Contribution margin = $15 - $10 = $5

b. Break- even point in sales units to achieve a target profit of $400,000 = fixed cost + Targeted profit ÷ Contribution margin per unit

= $1,750,000 + $400,000 ÷ $5

= $2,150,000 ÷ $5

= 430,000 units

8 0
3 years ago
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