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dlinn [17]
2 years ago
7

. A nonfinancial performance measure is often used to evaluate the __________ of a business activity. time quality quantity All

of these choices are correct. 2. All of the following are examples of nonfinancial performance measures except inventory turnover. wait time. number of customer complaints. price variance.
Business
1 answer:
photoshop1234 [79]2 years ago
3 0

Answer:

1. All of these choices are correct

2. Price variance

Explanation:

1. A nonfinancial performance measure is often used to evaluate the TIME, QUALITY, and QUANTITY of business activity. Hence, in this case, the correct answer is "All of these choices are correct." This is because the nonfinancial performance measures business activities that are not money related or expressed in terms of money

2. All of the following are examples of nonfinancial performance measures except PRICE VARIANCE.

This is because the nonfinancial performance measures business activities that are not money-related or expressed in terms of money.

Hence, inventory turnover, wait time, and a number of customer complaints are not expressed in monetary units. While Price variance is expressed in monetary units.

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In order to minimize project risks, which step comes after the step of identifying risks?
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Evaluating risks

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Developing and using a budget is part of the "obtaining" component of financial planning. true false
Nikolay [14]
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3 years ago
Budgeted sales are: Month Sales revenue August $15,000 September $15,000 October $14,000 November $13,000 December $20,000 You c
stepladder [879]

Answer:

The budgeted cash inflows for October and November is $14,500 and $12,300 respectively

Explanation:

The computation of the budgeted cash inflows for October and November is shown below:

For October:

= 50% of sales revenue of October + 40% of sales revenue of September + 10% of August

=  0.5 × $14,000 + 0.40 × $15,000 + 0.10 × $15,000

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For November

= 50% of sales revenue of November + 40% of sales revenue of October + 10% of September

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3 0
3 years ago
What was centerpiece arrangements retained earnings for December 31, 2024? And retained earnings for January 1 2024? And Net inc
pashok25 [27]

1. Centerpiece Arrangements' retained earnings for December 31, 2024, were <u>$2,400</u>.

2. Centerpiece Arrangements' retained earnings for January 1, 2024, were <u>$5,100</u>.

3. Centerpiece Arrangements' Net Income for January 1, 2024, was <u>$2,100</u>.

<h3>What are Retained Earnings?</h3>

Retained earnings are the undistributed profits of an entity accumulated over a period of time.

The formula for computing the Retained Earnings is Beginning Retained Earnings Plus Net Income or Loss Minus Dividends.

<h3>Data and Calculations:</h3>

Centerpiece Arrangements

<h3>Statement of Retained Earnings</h3>

For December 31, 2024

Retained Earnings, January 1, 2024,       $5,100

Net Income                                                  2,100

Dividends                                                   4,800

Retained Earnings, December 31, 2024, 2,400

Learn more about Retained Earnings at brainly.com/question/25998979

#SPJ1

<h3>Question Completion:</h3>

Centerpiece Arrangements - X Data Table

Retained Earnings, January 1, 2024, $5,100

Accounts Payable 17,600

Office Supplies 1,700

Common Stock 9,000

Accounts Receivable 8,000

Cash 7,200

Equipment 12,100

Centerpiece Arrangements

<h3>Income Statement </h3>

Year Ended December 31, 2024

Revenues:

Service Revenue                       $ 70,000

Expenses:

Salaries Expense        $ 46,000

Rent Expense                 16,000

Insurance Expense         4,500

Utilities Expense             1,400

Total Expenses                            67,900

Net Income                                  $ 2,100

4 0
1 year ago
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