Zoomer Company produces Optimist sailboats. The costs of producing 100,000 tiller extensions for use in the boats are as follows: Direct labor $250,000 Direct materials 300,000 Variable overhead 65,000 Fixed overhead 185,000 An outside supplier has offered to supply the tiller extensions for $720,000. If Zoomer accepts the offer $85,000 of fixed costs can be avoided. What is the financial advantage (disadvantage) of accepting the supplier's offer?

Answers

Answer 1

Answer:

It is cheaper to make the product in house.

Explanation:

Giving the following information:

Direct labor $250,000 Direct materials 300,000 Variable overhead 65,000 Fixed overhead 185,000 An outside supplier has offered to supply the tiller extensions for $720,000. If Zoomer accepts the offer $85,000 of fixed costs can be avoided.

We will calculate the total cost of both options:

Make in the house:

Total cost= 250,000 + 300,000 + 65,000 + 185,000= $800,000

Buy:

Total cost= 720,000 + 100,000= $820,000

It is cheaper to make the product in house.


Related Questions

Most insurance companies will replace a vehicle any time an estimated repair exceeds​ 80% of the​ "blue-book" value of the vehicle.​ Michelle's insurance company paid ​$7000 for repairs on her car after an accident. What can be concluded about the​ blue-book value of the​ car?

Answers

Answer:

The Blue Book value of the car is probably greater than $8750.

Explanation:

The term Blue Book Value is used to refer to the value of a vehicle by a guide known as the Kelley Blue Book. Since the 1920s, the Kelley Blue Book has served as a standard within the auto industry in the United States.

If Michelle's insurance company paid ​$7000 for repairs, then:

$7000/0.80 = $8750.

We can therefore conclude that the Blue Book value of the car is probably greater than $8750.

Final answer:

The blue-book value of Michelle's car is $8750.

Explanation:

The insurance company will replace a vehicle if the estimated repair cost exceeds 80% of the blue-book value of the car. Michelle's insurance company paid $7000 for repairs, so we can conclude that the estimated repair cost is greater than 80% of the blue-book value. Let's set up an equation to find the blue-book value:

80% of the blue-book value = $7000

To solve for the blue-book value, we divide both sides of the equation by 80% (which is equivalent to multiplying by 1/0.8 or 1.25):

Blue-book value = $7000 / 0.8 = $8750

Therefore, we can conclude that the blue-book value of Michelle's car is $8750.

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Mandy’s Packaging Inc. is a multibillion-dollar supplier of packaging materials. One of its salespeople rearranged production schedules at three different plants to satisfy an unexpected demand for boxes from a major client. The salesperson’s action is typical of the company’s sales philosophy and indicates an emphasis on _____.​ ​price-based selling ​relationship selling ​adaptive selling ​persuasive selling

Answers

Answer:

Relationship selling

Explanation:

Relationship selling is focussed more upon successfully building a long term relationship between a seller and a buyer rather than being merely focussed upon effecting a sales through .

The technique emphasizes upon the quality of interaction between the seller and the buyer which shall serve as a basis for develoment of a future relationship between the company and the customer.

This technique is prominent in case of those companies that rely on repetitive purchases on part of the buyer like private instructors. Good relationships may lead to customer loyalty which prompt repetitive purchases at their end.

In the given case, the supplier company's sales person rearranged production schedule so as to accomodate unexpected demand from a major client. Such an action demonstrates company's sales policy with emphasis upon relationship selling.

In the loanable funds market, who is usually the supplier and who is usually the demander? Entrepreneurs supply loanable funds, and savers demand loanable funds. Entrepreneurs demand loanable funds, and savers supply loanable funds. Entrepreneurs supply loanable funds, and savers also supply loanable funds. Entrepreneurs demand loanable funds, and savers demand loanable funds.

Answers

Answer:

Entrepreneurs demand loan-able funds, and savers supply loan-able funds.

Explanation:

The market for loan-able funds is where suppliers of loan-able funds(savers) trade with demands of loan-able funds(borrowers). Trading in the market for loan-able funds determines the equilibrium interest rate.

Final answer:

In the loanable funds market, savers are the suppliers of financial capital, while entrepreneurs and others who need to borrow money are the demanders.

Explanation:

In the loanable funds market, the suppliers are typically those who have financial capital to lend, such as savers or investors. Conversely, the demanders are those who need to borrow financial capital, such as entrepreneurs or firms looking to invest in business opportunities. Therefore, the correct statement is: Entrepreneurs demand loanable funds, and savers supply loanable funds.

Any individual or business that is saving money is on the supply side of this market. On the other side, any individual, firm, or government entity that seeks to borrow money is contributing to the demand for loanable funds. This interaction defines the dynamics of supply and demand within the financial markets.

Bob bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $300 less than the desktop. He paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 6% per year. The total finance charges for one year were $398. How much did each computer cost before finance charges?

Answers

Answer:

Laptop = $2,900

Desktop = $3,200

Explanation:

The cost of the laptop will be represented by the variable X

The desktop costs $300 more than the laptop, therefore, its cost will be X+300

The finance charge of 398 comes from the 7% interest on the desktop (7% interest on X+300), and the 6% interest on the laptop (6% interest on X).

We can lay out the formula with the information above:

398 = 0.07*(X+300) + 0.06*X

398 = 0.07X + 21 + 0.06X

398 = 0.13X + 21

398 - 21 = 0.13X

377 = 0.13X

377 / 0.13 = X

2,900 = X

So X is the laptop, therefore, the laptop costs $2,900.

The desktop costs $2,900 + $900 = $3,200

At Honest Tea, there are no salespeople who attempt to coerce consumers into buying their product. Instead they rely on word-of-mouth, which indicates the company is not involved in which of the following criticisms of marketing?

Answers

Consumer-oriented marketing

you expect it to pay a dividend of $3 in 1 year, $4.25 in 2 years, and $6.00 in 3 years. You expect to sell the stock for $100 in 3 years. If your required return for purchasing the stock is 12 percent, how much would you pay for the stock today

Answers

Answer:

$81.52

Explanation:

In this question, we are asked to state the price to pay for a stock at this present day.

To calculate this, we compute it mathematically.

Mathematically, we have;

dividend/(1+required return rate)^year

we then add together

we have

=3/(1.12) + 4.25/(1.12)^2 + 6/(1.12)^3 + 100/(1.12)^3 = 81.52

An exchange rate table makes it easy to compare the

Answers

Answer: A

Explanation: it’s easy to compare

Answer:

value of the currencies for two or more countries

Explanation:

George owns Luxury Yacht Company and has just received an order for one of its luxury models. To protect his company against the possibility that the customer cannot pay or that other economic and political conditions might intervene, he asks the customer to provide a __________.

Answers

Answer: Letter of credit

Explanation:

 The letter of credit is one of the type of payment process that is specifically used for the purpose of international trading as it helps in proving the economical guarantee from the bank to the trader of various type of goods and the services.

 The letter of credit is also refers as the documentary based credit and also the guarantee undertaking letter which is used at the time of payment and the main advantage of the letter of credit is that it is highly customizable, safety business process, Payment assured and also free from all the types of credit risk.        

According to the given scenario, George asked the customer for providing the letter of credit for the purpose of protect his company fro the various types of payment and economical issue.  

  Therefore, Letter of credit is the correct answer.

Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer in China. But the demand for such components was high globally, and the supplier could not meet the quality standards of Neon Electronics. Thus, Neon Electronics decided to set up its own unit to develop and manufacture the required touch screens. What does this scenario best illustrate?

A. crowdsourcing
B. new product development
C. backward vertical integration
D. conglomerate diversification

Answers

Answer:

C. backward vertical integration

Explanation:

Vertical integration is one in which the supply chain of a clothe producing company is owned by the

Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.

From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.

Cheers.

Amy has to come up with a strategy to regulate the excessive use of the Internet by her employees in such a way that they accept and commit to the solution themselves. It is advisable for her to use group decision making rather than individual decision making in this situation. True/ False?

Answers

Answer:

The answer in this case would be True.

Explanation:

Considering that internet usage is a part of the regular functioning or operation of the company or business organization, it is an essential resource or endowment used by the employee to fulfill the concerned organizational duties and responsibilities.However,excessive use of internet will increase the operational cost for Amy as the head of the organization or management which often comes from unwanted, redundant and personal use of internet by the staff or employee.However, before taking up the decision completely on herself,which reflects the traits of autocratic organizational leadership, Amy can consider discussing the matter with the concerned group of employee and try to find a rational solution to the issue through a more democratic decision making process.

Mia Kaminsky wants to attend Riverside Community College. She will need to have $25,000 six years from today. Mia is wondering what she will have to put in the bank today so that she will have $25,000 six years from now. Her bank pays 6% compounded semiannually. Using the tables in the handbook, the amount Mia will have to deposit is:

Answers

Answer:

$17,534.50

Explanation:

F = P(1 + i)^n

F = Future value = $25,000

P = Present value = unknown

i = 6% compounded semiannually; This means 6/100/2 per compounding period

n = number of compounding periods = 12 (2 periods per year for 6 years)

25,000 = P(1 + 6/100/2)^12

You are solving for P

25,000 = P(1 + 0.03)^12

25,000 = P(1.03)^12

25,000 = P(1.42576)

P = 25,000/1.42576

P = $17,534.50

Therefore the amount Mia will have to deposit is $17,534.50

Final answer:

To calculate the present value of a future payment, Mia Kaminsky would need to deposit approximately $18,659.36 in the bank today to have $25,000 six years from now.

Explanation:

The formula for calculating the present value (PV) of a future payment is:

$$ PV =  rac{FV}{[tex](1 + r)^n[/tex]} $$

Where:
PV is the present value, FV is the future value, r is the interest rate per period, and n is the number of periods.

For Mia Kaminsky's situation:
FV = $25,000, r = 6% compounded semiannually, and n = 6 years.

By plugging in these values, Mia would need to deposit approximately $18,659.36 in the bank today to have $25,000 six years from now.

Increasingly, the large assembly line factories, in which an individual worker performs a single task (or set of tasks) is being replaced by workplaces where cooperation among workers is encouraged and __________.
a. jobs are more interchangeable and interconnected
b. jobs are less interchangeable and interconnected
c. jobs require individuals to become true craftsmen
d. managers attempt to squeeze as much out of workers as possible

Answers

Answer:

a. jobs are more interchangeable and interconnected

Explanation:

In the assembly line model, workers specialize in performing a single function, the assembly line is being replaced by a model where cooperation between workers is essential since their functions are more interconected and sometimes even overlap each other. In this model, teamwork and a strong sense of multidisciplinarity favor production.

Therefore, the answer is a. jobs are more interchangeable and interconnected

Workers may be able to accomplish their tasks in an autonomous fashion, but the products of their efforts must be coordinated in order for the group to be successful. This refers to: task autonomy. task feedback. task interdependence. task structure.

Answers

Answer:

task interdependence.    

Explanation:

Task interdependence: Th term "task interdependence" is described as a phenomenon within a specific team as the degree to which the team members needs to interact with one another in order to complete or fulfill their tasks.

According to one of the organizational theorists named James Thompson, three distinct types of task interdependence is being utilized to design a specific team including reciprocal, pooled, and sequential.

In the question above, the given statement represents task interdependence.

Una empresa contrató cuatro trabajadores a tiempo completo el año pasado, con un coste de 18.000 € anuales cada uno; empleó 12.000 unidades de materiales, con un coste de 1,5 € por unidad. Además empleó 1.500 horas de maquinaria, con un coste de 4 €/hora. Con todos esos materiales, la empresa produjo 1.000 bicicletas y 2.000 monopatines. Este año, la empresa redujo a tres el número de trabajadores, aumentó un 12 % el consumo de unidades de materiales y descendió un 5 % el funcionamiento de horas de máquina. La producción ha variado este año, ya que obtuvo 500 bicicletas y 2.500 monopatines. Sabiendo que el precio de las bicicletas fue el año pasado de 100 € y el de los monopatines de 70 €, calcule la productividad de la empresa cada año y calcule y comente brevemente su evolución porcentual,

Answers

Final answer:

La productividad de una empresa se calcula dividiendo el valor de la producción por el costo total de los insumos. Para medir la evolución porcentual de la productividad se comparan los valores obtenidos entre dos años distintos. Este cálculo proporcionará una visión clara de cómo la empresa ha mejorado o empeorado su eficiencia.

Explanation:

Para calcular la productividad de la empresa, es necesario tomar en cuenta tanto los insumos (costes) como los productos (cantidad de unidades producidas) cada año. La productividad puede medirse como el valor total de las unidades producidas dividido por el costo total de los insumos. Para calcular la evolución porcentual de la productividad entre los dos años, primero se tiene que obtener la productividad de cada año y luego compararlas para ver el cambio porcentual.

El primer año, la productividad se calcula sumando el costo de los trabajadores (4 trabajadores × 18.000 €), el costo de los materiales (12.000 unidades × 1,5 €) y el costo de maquinaria (1.500 horas × 4 €), luego dividiendo el valor de producción (1.000 bicicletas × 100 € + 2.000 monopatines × 70 €) por este costo total. Para el segundo año, se hacen cálculos similares, considerando la reducción del número de trabajadores, el aumento del 12 % en el consumo de materiales y una disminución del 5 % en horas de máquina. La productividad se calcula dividiendo el valor de producción del segundo año (500 bicicletas × 100 € + 2.500 monopatines × 70 €) por el nuevo costo total.

Finalmente, se calcula la evolución porcentual de la productividad mediante la fórmula ((Productividad Año 2 - Productividad Año 1) / Productividad Año 1) × 100.

Cost of goods available for sale is computed by adding: a) purchases to beginning inventory.b) beginning inventory to the cost of goods purchased. c) net purchases and freight-in. d) beginning inventory to net purchases.

Answers

Answer:

The correct answer is B and D

Explanation:

Cost of goods available for sale is defined as the price paid for the inventory which is ready for the customers to purchase. In short, it is the purchase price or the amount of all the merchandises that is ready for sale with the retailer in the market.

The formula to computing the cost of goods available is as:

Cost of goods available for sale = Net (Total) Purchases + Beginning Inventory

OR

Cost of goods sold for sale = Beginning (Starting) inventory + Cost of goods purchased

This computation measures or evaluates the inventory amount or price that the retailer has at any point during the period.

Final answer:

The cost of goods available for sale is computed by adding the beginning inventory to the net purchases.

Explanation:

The cost of goods available for sale is computed by adding the beginning inventory to the net purchases.

Net purchases represent the total purchases made by a company during a specific period, minus any purchase returns, discounts, or allowances. It is the amount of inventory acquired by the company during that time.

Beginning inventory refers to the value of inventory that the company has at the start of the period.

By adding the beginning inventory to the net purchases, we get the total cost of goods that were available for sale during the period.

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Susan threw away in the garbage an old chair that had been in her family for many years by placing it on the curb with the rest of the trash. alma came by and began to admire the chair. although the chair was heavy, alma picked it up and called to a friend saying that she had just found an antique chair. when susan heard this, she demanded the return of the chair. the chair belongs to: susan unless alma can show susan gave it to her. susan because there was no intent to make a gift. alma because anything one finds belongs to the finder. alma because susan abandoned it and alma took possession of it.

Answers

Answer:

It belongs to Alma because Susan abandoned it and Alma took possession of it

Explanation:

By common law, Alma is a person who has found an abandoned property and she may claim it. To do this, she has to take some definite steps to show her claim. Alma can claim this abandoned piece of chair by taking it into her house, or by placing a sign on it to show that she now owns it.

If Susan was to take this to court, the court would determine the kind of item and where it was found to determine if Alma has a right to it. But since it was found in a dump site she now has the right to it.

An insured's CGL has a Products and Completed Operations Aggregate Limit of $100,000 with a $20,000 limit per occurrence. Following claims for two separate occurrences in the amounts of $35,000 and $25,000, how much of the aggregate remains for all other claims in the policy period?

Answers

The aggregate remains for all other claims in the policy period is $60,000.

What is a policy claim?

A Policy Claim is a liability incurred as a result of a contract or policy of insurance issued by an unauthorized insurer, as defined in Chapter 101. Claims under reinsurance contracts and claims of other creditors are not included in the definition.

The aggregate remains for all other claims in the policy period is calculated as:-

General aggregate limit of CGL policy = $100,000

Per-occurrence limit = $20,000

For the first claim  for a $35,000, the maximum amount paid will be the Per-occurrence limit i.e. $20,000

Subsequently for a second claim for a $25,000 loss the amount paid will be minimum of the Per-occurrence limit or the loss amount claimed i.e. $20,000.

Total amount of claim provided by the insurer up to the second claim:

= $20,000 + $20,000

= $40,000

Amount remaining

= General aggregate limit of CGL policy - Total amount of claim provided by the insurer till second claim

= $100,000 - $40,000

= $60,000

Therefore, $60,000 is the amount remaining for  all other claims in the policy period.

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Final answer:

After two claims of $35,000 and $25,000, the remaining aggregate limit on the CGL policy is $40,000, calculated by subtracting the total claims paid from the original aggregate limit of $100,000.

Explanation:

The student's question pertains to the calculation of the remaining aggregate limit in a Commercial General Liability (CGL) policy after two claims have been filed and paid.

The original Products and Completed Operations Aggregate Limit is $100,000, and the limit per occurrence is $20,000.

With claims of $35,000 and $25,000, the total amount paid out is $60,000. To determine how much of the aggregate remains, we subtract the total amount of the claims from the original aggregate limit:

$100,000 (original aggregate) - $60,000 (total claims paid) =

$40,000 remaining aggregate limit

Thus, the policy has $40,000 remaining to cover any other claims that may occur during the policy period.

Citynet, LLC, established an employee incentive plan 'to enable the Company to attract and retain experienced individuals.' The plan provided that a participant who left Citynet's employment was entitled to 'cash out' his or her entire vested balance. (When an employee's rights to a particular benefit become vested, they belong to that employee and cannot be taken away. The vested balance refers to the part of an account that goes with the employee if he or she leaves the company.)When Citynet employee Ray Toney terminated his employment, he asked to redeem his vested balance, which amounted to $87,000.48. Citynet refused, citing a provision of the plan that limited redemptions to no more than 20 percent annually. Toney filed a suit in a West Virginia state court against Citynet, alleging breach of contract. Citynet argued that the plan was not a contract but a discretionary bonus over which Citynet had sole discretion.
Was the plan a contract? If so, what was the consideration?

Answers

Answer:

There is a contract but a unilateral one.

Explanation:

There is a contract but a unilateral one.  

Employee incentive plan “to enable the Company to attract and retain experienced individuals" is an offer ,to which the extended stay of Toney is the acceptance. And, naturally, Citynet is obligated to fulfill the "promise" promised. The plan is very much a contract with the above said offer and its acceptance that makes the promise binding and legally enforceable..  

Consideration here is Toney's staying on the job.

On stay,the plan  provided “cash out” of his or her entire vested balance ie.when an employee’s rights to a particular benefit become vested, they belong to that employee and cannot be taken away. The vested balance refers to the part of an account that goes with the employee if he or she leaves the company.

Nowhere, the amount to vest on voluntary termination , is left to the sole discretion of Citynet .

As such in the above case, Toney is right in suing Citynet for breach of contract as all the essential elements of a contract ,namely, valid offer and its acceptance and a legally acceptable consideration --are present to make the incentive plan and the promises contained therein, binding and enforceable on Citynet .

Yes, the plan is considered a contract, and the consideration for the contract is the mutual exchange of promises between Citynet, LLC, and its employees.

Specifically, the employees promise to perform their job duties effectively, and in return, Citynet promises to provide the incentive plan benefits, including the ability to cash out the vested balance upon termination of employment.  

In the context of employment law, a contract is formed when there is an offer, acceptance, and consideration. Consideration refers to something of value that is exchanged between the parties. In this case, Citynet's employee incentive plan constitutes a unilateral contract where the company offers benefits in exchange for the employees' continued service and performance.

The plan itself outlines the terms of the agreement, including the eligibility criteria, the vesting schedule, and the conditions under which an employee can cash out their vested balance. By continuing to work for Citynet and fulfill their job responsibilities, employees accept the terms of the plan and provide their consideration in the form of their services.

 Citynet's argument that the plan is a discretionary bonus rather than a contract is undermined by the explicit terms of the plan, which promise specific benefits upon the occurrence of certain conditions, such as termination of employment. The fact that the plan was established to enable the Company to attract and retain experienced individuals indicates that it was intended to be binding and to provide a tangible benefit to employees in exchange for their continued service.

Furthermore, the vested balance is not merely a gratuitous payment but is part of the employees' compensation package that they earn over time through their service to the company. The vesting process itself is a clear indication of a contractual relationship, as it represents a gradual transfer of ownership of the benefit from Citynet to the employee, based on the fulfillment of the employment term.

In conclusion, the employee incentive plan is a contract because it involves a mutual exchange of promises: Citynet promises to pay the vested balance upon termination, and the employee promises to provide services to the company. The consideration is the employees' work and loyalty in exchange for the company's promise to provide the benefits outlined in the plan, including the cash out option for the vested balance. Therefore, Citynet's refusal to allow Ray Toney to redeem his full vested balance as per the terms of the plan would constitute a breach of contract.

When considering the education and training a career requires you must be aware of
a. the amount of time it will take
b. the amount of money it will take
the amount of effort it will take
all of the above
Please select the best answer from the choices provided

Answers

All of the above is the best answer

Answer:

D all of the above

Explanation:

Right on edge 2020

Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming​ year:First quarter budgeted jump rope sales in units​17,000Second quarter budgeted jump rope sales in units​20,000Third quarter budgeted jump rope sales in units​20,000Fourth quarter budgeted jump rope sales in units​25,000Inventory at the beginning of the year was​ 4,500 jump ropes. Totz Company wants to have​ 20% of the next​ quarter's sales in units on hand at the end of each quarter. How many jump ropes should Totz Company produce during the first​ quarter?

Answers

Final answer:

Totz Company should produce 16,500 jump ropes during the first quarter.

Explanation:

To calculate the number of jump ropes Totz Company should produce during the first quarter, we follow these steps:

Calculate the desired ending inventory for the first quarter, which is 20% of the second quarter's sales. 20% of 20,000 units (second quarter sales) equals 4,000 units.Add the desired ending inventory to the sales for the first quarter, then subtract the beginning inventory to find the production amount.

(20,000 units * 20%) + 17,000 units - 4,500 units = 4,000 units + 17,000 units - 4,500 units = 16,500 units to be produced in the first quarter.

The​ "Volcker disinflation" was A. an episode of stagflation that ravaged the U.S. economy between 1979 and​ 1989, under the leadership of Fed Chairman Paul Volcker. B. a deflationary cycle that plagued the economy between 1979 and​ 1989, under the leadership of Fed Chairman Paul Volcker. C. a significant reduction in the inflation rate between 1979 and​ 1989, under the leadership of Fed Chairman Paul Volcker. D. evidence that workers and firms really had rational expectations since they adjusted their expectations of inflation as soon as the​ Fed's monetary policy announcement was made. The unemployment rate A. fell from​ 10% to​ 6% during the period of the Volcker disinflation. B. remained unchanged at​ 6% during the period of the Volcker disinflation. C. rose from​ 6% to​ 10% during the period of the Volcker disinflation. D. rose from​ 6% to a higher rate in the beginning of the Volcker​ disinflation, but as the public started using rational​ expectations, the unemployment rate fell back to​ 6%.

Answers

Answer:

C. a significant reduction in the inflation rate between 1979 and​ 1989, under the leadership of Fed Chairman Paul Volcker.

C. rose from​ 6% to​ 10% during the period of the Volcker disinflation.

Explanation:

The​ "Volcker disinflation" was a significant reduction in the inflation rate between 1979 and​ 1989, under the leadership of the 12th Fed Chairman, Paul Volcker.

The unemployment rate rose from​ 6% to​ 10% during the period of the Volcker disinflation because he raised the federal funds rate from 11.2% in 1979 to 20% in June of 1981.

A CFO’s responsibility is to manage financial risk, and that covers which other element?

a.The catered lunch in the boardroom.
b.All the information and data in the company.
c.The after-hours card games.
d.Costs associated with the building’s janitorial contractor.

Answers

Answer:

b.All the information and data in the company.

Explanation:

A CFO is the Chief financial officer is an organization.  He or she is responsible for the company's financial risks, management, and reporting.  The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.  

Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO  guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.

Assume that the football team is set up as limited partnership. Lenny is the only general partner and Sarah and Sam are the only limited partners. Who would make the decision about whether or not to fire the quarterback?a) Lenny, Sarah and Sam would vote on it.b)The board of directors of the team.c) Only Lenny.d) Only Sarah and Sam.

Answers

Answer:

b. The board of directors of the team.

Explanation:

Limited partnership is a form of partnership owned by two or more partners and in which liabilities of some partners are only limited to their investment in the business. The partnership business is being managed and controlled by the general partner who has unlimited liabilities.

For a general partner in a limited partnership, he has unlimited liability. In case of dissolution of the partnership business , he losses both his investment in the business and personal properties.

The limited partners only looses their investment in the business in case of liquidation.

IN excel which

dialog box in backstage view should you access to view and alter your workbook's properties?

Answers

Answer:

The answer is option dialog box

Explanation:

The excel option window is generally associated with backstage view. Hence, by clicking the option entries in the backstage view of the excel sheet, there's an unrestricted access to view and alter individual's workbook properties. The answer here is Option dialog box.

_____ involves determining, through observation and study, the specific tasks that comprise a job and the knowledge, skills, and abilities necessary to perform the job. A. Job descriptionB. Job specificationC. Job designD.Job analysisE. Job appraisal

Answers

Answer:

The correct answer is letter "D": Job analysis.

Explanation:

Job analysis refers to the study of the duties of a given job position to determine what qualifications, skills, and expertise is needed to perform those activities. This analysis is typically conducted by members of the Human Resources (HR) department with the assessment of each other departments' managers. This data gathered is useful to update the Job Description Book.

Suppose that as the output of mobile phones increases, the cost of touch screens and other component parts decreases. If the mobile phone industry features pure competition, we would expect the long-run supply curve for mobile phones to be:

Answers

Answer:

Downward sloping

Explanation:

The demand curve illustrate what's known as the law of demand in economics. Consumers buy more of something when its price is lower and less when the price is higher. There is an inverse relationship between price and demand, meaning that when one rises, the other falls.

Economists give three basic reasons for the law of demand and thus for the downward slope. First is the "income effect" when prices drop (or rise), people can buy more(or less) of a good for the same amount of money. Second is the "substitution effect" if a consumer doesn't see a meaningful difference between products, they'll buy the one with the lowest price, so a price increase will drive them toward substitutes, while a reduction will draw them in.

Third is the concept of "diminishing marginal utility": if you already have plenty of something, you have less of a need to buy more of it.

The term employment discrimination encompasses workplace-related discrimination that may include the hiring process and disciplinary action but does not include the treatment of employees in terms of promotions and demotions, work schedules and assignments T/F

Answers

Answer:

false

Explanation:

Employment discrimination includes any type of discrimination that occurs during the hiring process, any applicable disciplinary actions and when deciding which employees will be promoted or demoted.

E.g. A company cannot hire employees of only a certain race or sex. If a group of employees has done something improper, they all must be disciplined in the same way regardless of their race, sex, ethnic background, religion, etc. A company cannot promote only a certain type or employees, it must provide equal opportunities to all, the glass ceiling is considered illegal.

Ray is a shareholder of Small Biz Company (SBC). When the directors fail to undertake an action to re-dress a wrong suffered by SBC, Ray files a suit on the firm’s behalf. Refer to Fact Pattern 20-1. Ray’s suit is a shareholder’s:_______.
a. duty-of-care suit.
b. ​duty-of-loyalty suit.
c. ​business-judgment rule suit.
d. ​derivative suit.

Answers

Answer:

The correct option is D,derivative suit

Explanation:

A derivative suit is a suit filed by a shareholder such as Ray on behalf of the company  ,in the event that director failed to act appropriately ,when the company has been wrong.

In this Ray is considered a nominal plaintiff and SBC is a nominal defendant,however whatever damages is awarded is for the benefit of the company,the nominal defendant.

In essence ,a derivative suit usually has three parties,the shareholder,the company as well as the third party that has been sued.

Darren is eligible to contribute to a traditional 401(k) in 2019. He forgot to contribute before year-end. If he contributes before April 15, 2020, he is allowed to treat the contribution as though he made it during 2019.

Answers

Answer:

True

Explanation:

Base on the scenario been described in the question which, Darren was eligible to assist to a traditional of 401,000 in 2019, but we were told he forgot and later he paid in 15, June 2020, he is look as though he paid in 2019 because and it is true.

The reason why the answer is true is that Darren is that the time he paid the money in July 15, 2020, it was still within the time he allowed to still pay for the year 2019, that's why he considered as though he paid in 2019.

During which stage in the management of a special project can the project manager make statements such as, "if the staff and budget resources specified are available, the project's estimated completion date is the first of next month."

Answers

Answer: Planning stage

Explanation:

The Project Planning Phase is the second stage in the project life cycle and it involves the creation of a set of plans that help in guiding ones team while executing and closing the project. The plans that are created during this stage will help in managing time, quality, cost, change, risk and issues.

At the planning phase, the project plans are documented, project deliverables are defined, and the schedule of the project is created. At this stage, the project manager can make statements like "if the staff and budget resources are available etc

Answer:

Planning stage

Explanation:

Planning stage of project management is the second stage that involves creating a set of executable plan for your project team so that a they have a clear path and direction to follow.

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