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snow_tiger [21]
3 years ago
5

OC Management Company (OCMC) has built or acquired several high-quality apartment buildings in Orange County. OCMC operates apar

tment complexes and earns revenues by renting out the apartments in those complexes. OCMC assigns an agent/manager (employee) to each complex (one manager can manage several complexes) to handle day-to-day operations, such as maintaining the property, advertising, and signing rental contracts. This case describes the _________ processes.
Business
1 answer:
Tema [17]3 years ago
8 0

Answer:

"Rental (sales)" is the correct answer.

Explanation:

The rental process will be utilized for most of its commodities as a service or product payable to the landowner.

Rental Process Management could accommodate all facets of your leasing business:

  • Rentals, marketing as well as businesses.
  • Fleet corporate finance.
  • Gain knowledge of how your rental workers behave throughout the workplace you drive better-qualified operations more efficiently.

Thus the above is the correct approach.

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Connie is analyzing the financial statements of MegaMart and Bullseye Company. She wants to invest in one of the companies and i
Annette [7]

Answer:

D. financial accounting information.

Explanation:

Financial reporting can be defined as the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). These accounting informations are prepared and made available for investors and other external agencies. Examples of financial statements includes Balance sheet, cash-flow and income statement.

In this scenario, Connie is analyzing the financial statements of MegaMart and Bullseye Company. She wants to invest in one of the companies and is trying to decide which company has the better past performance.

Hence, Connie is examining the financial accounting information.

4 0
3 years ago
Fill in the blanks with the category of the expanded accounting equation (assets; liabilities; owner, capital; owner, withdrawal
lorasvet [3.4K]

Answer and Explanation:

The classification is as follows;

Inventory  = current assets

Retained Earnings  = stockholder equity

Dividends = dividend  

Cost of Goods Sold  = expense

Utilities Payable  = current liabilities

Service Revenue  = revenue

Accounts Payable  = current liabilities

Rent Expense = expense

In this way it could be classified and the same is relevant

5 0
3 years ago
Frames, Inc. manufactures, produces, and sells picture frames. The frame sells for $25 and the variable operating costs per unit
astraxan [27]

Answer:

D) $320,000

Explanation:

We are given the following information:

  • unit price = $25 per frame
  • variable costs = $12 per frame
  • fixed costs = $50,000 for 25,000 frames or $2 per frame

If Frames is able to sell 30,000 frames in one month, their operating income should be:

Total sales revenue                $750,000 (= $25 per frame x 30,000 frames)

<u>COGS                                      -$430,000 [= (30,000 x $12) + $70,000]        </u>

Gross operating profit            $320,000

7 0
3 years ago
The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi
Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0
3 years ago
Mei lives in a country where she is free to keep profits from her business and use them as she wishes, within legal limits. what
olga_2 [115]

As Mei lives in a country where she is free to keep profits from her business and use them as she wishes within legal limits, the type of economy system is known as <u>capitalism</u>.

<h3>What is a capitalism?</h3>

This refers to an economic system in which private individuals or businesses own capital goods and can employ workers (labor) who only receive wages. Generally, the overall production of goods and services under capitalism is based on supply and demand in the general market—known as a market economy rather than planned economy or command economy.

In conclusion, the known purest form of capitalism is a free market or laissez-faire capitalism.

Read more about capitalism

brainly.com/question/25879591

#SPJ1

3 0
2 years ago
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