Answer:
Simon should provide the summary of the long proposal in the main body of the proposal and include the details as appendices.
Explanation:
This situation is more true for Executives that do not have enough time to consider a report from start to finish.
Executive summary has been designed to tackle this issue especially by ensuring only key issues are cited in the main body of the report.
A way to go about this is by ensuring that the summarized report is written in Word-like document with the details such as figures,amounts,charts,dashboards are prepared on Excel spreadsheet such that getting detailed analysis on an area would just be a click away.
Also, the fact an area of interest to one person is not necessarily the same for another as far as the proposal or report is concerned
Answer:
Nominal rate of return= 0.0517 = 5.17%
Explanation:
Giving the following information:
Real rate of return= 2.97%
Inflation rate= 2.20%
<u>To calculate the nominal rate of return, we need to use the following formula:</u>
Real rate of return= nominal rate of return - inflation rate
Nominal rate of return= Real rate of return + inflation rate
Nominal rate of return= 0.0297 + 0.022
Nominal rate of return= 0.0517 = 5.17%
Answer:
Unitary cost= $11.2
Explanation:
Giving the following information:
Estimated overhead= $30,000
Estimated machine-hours= 150,000
It takes 6 machine hours per bicycle, a direct material cost of $5 per bicycle, and direct labor of $5 per bicycle.
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 30,000/150,000
Predetermined manufacturing overhead rate= $0.2 per machine hour
Now, we can determine the unitary cost:
Unitary cost= 5 + 5 + 0.2*6= $11.2
Suppose the country of montgomery has specialized in the production of a good but has not yet entered into trade. At this point in time, montgomery has <u>moved along its existing production possibilities curve.</u>
<u></u>
A production posibilities curve in economics measures the maximum output of goods and the use of a fixed quantity of input. The input is any aggregate of the four elements of manufacturing: natural resources (which include land), hard work, capital goods, and entrepreneurship.
for example, say an economic system produces 20,000 oranges and 12000 apples. On the chart, it truly is point B. If it desires to produce greater oranges, it ought to produce fewer apples. In the chart, factor C suggests that if it produces 45,000 oranges, it could most effectively produce 85,000 apples.
By means of describing this trade-off, the curve demonstrates the idea of possible price. Making greater than 1 precise will price society the opportunity of making greater of the other excellent.
Learn more about production posibilities curve here
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Answer:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
Cr Cash $6600
Explanation:
Preparation of the entries to record the $6600 payment of salaries in January of the following year.
Based on the information given Appropriate journal entries to record the $6600 payment of salaries in January of the following year will be:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
($6600-$3000)
Cr Cash $6600
(To record payment of salaries)
