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3 years ago

7

In which transaction cycle would customer sales transaction information be most likely to pass between internal and external acc

ounting information systems?
a. the revenue cycle

b. the expenditure cycle

c. the human resources / payroll cycle

d. the financing cycle?

1 answer:

dlinn [17]3 years ago

5 0

A. the revenue cycle

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The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.

Otrada [13]

Answer:

A)True

Explanation:

Physical distribution concept can be regarded as larger distribution process that involves wholesale as well as retail marketing and the physical movement ( transportation as well as storage.) of goods/service. It should be noted that the The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.

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2 years ago

If Cute Camel’s forecast turns out to be correct and its price/earnings (P/E) ratio does not change, what does the company’s man

Llana [10]

Cute Camel Woodcraft Company Just reported earnings after tax (also called net income) of $9, 750,000, and a current stock price of $36.75 per share. The company Is forecasting an increase of 25% for its after-tax income next year, but it also expects it will have to issue 2, 900,000 new shares of stock (raising its shares outstanding from 5, 500,000 to 8, 400,000). If Cute Camel's forecast turns out to be correct and its price-to-earnings (P/E) ratio does not change, what does the company's management expect its stock price to be one year from now? (Round any P/E ratio calculation to four decimal places.)

Answer:

The scenario says that

Previous P/E ratio = New P/E ratio after issuance of ordinary shares and increase in earnings after tax

So we have to only find previous data before any changes to find previous P/E ratio which is equal to new P/E ratio. This means it could be used to find new share price which has changed due to increase earnings and ordinary shares.

Previous P/E ratio = ($36.75 per share * 5,500,000 shares)/$9,750,000

= $20.7308 per share

New P/E Ratio = Market Value of total ordinary shares / Total Earnings

Previous (P/E) = Share price * Total ordinary shares / prev. ear. * 125%

This implies

Share price = Previous (P/E) * Previous earnings * 125% / Total ordinary shares

Share price = $20.7308 / share * $9,750,000 *125% / $8,400,000

Share price = $30.0781 per share.

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2 years ago

Describe at least two negative outcomes of having too little money and credit in the economy. (2-4 sentences) Answer:

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Having too little money and credit often means the level of money someone is borrowing is high. So they have little money and are paying finance charges. Second it becomes harder to take advantage of oppurtunities, so changing the situation is a challenge.

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3 years ago

TOMS is a shoe company that, since its inception, has given away one pair of shoes to someone in need for every pair purchased b

Dafna11 [192]

Answer:

Socially responsible

Explanation:

A socially responsible company is one that seeks to identify as well as relieve the social needs in its business environment.

A major social problem or need around the world is the lack of clean drinking water and birthing services. Thus, by proffering solutions to this problem loyal customer of TOMS shoe company could notice that the company takes seriously its responsibility to the society.

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3 years ago

An estimated demand curve does not necessarily match actual data perfectly because A. it is not possible to accurately calculate

LekaFEV [45]

Answer:

C. some factors that are not measured or observed may affect the curve.

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a lot of unforeseen circumstances might occur. these occurrences would not be measured in the estimated demand curve. this would lead to the estimated demand curve not matching the actual demand curve.

for example, the factors affecting the demand for bread are ; price, income, price of a substitutes. these are included in estimating the demand curve for bread. Assume that a study comes out stating that bread is harmful to the health.this reduces the demand for bread. this study wasn't anticipated and included in estimating the demand curve. as a result, the actual data would differ from the estimated data

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3 years ago