A Balanced Scorecard framework allows companies to assess the value of IT investments in terms of contribution to strategic objectives, is the true statement.
What is a balanced scorecard?The balanced scorecard is a strategic planning and performance management system that records financial and non-financial variables to determine the effectiveness of a business and when corrective action is required.
Companies can use a Balanced Scorecard framework to evaluate the value of IT investments in terms of their contribution to strategic goals.
This is because the scorecards provide management with valuable insight into their firm's service and quality in addition to its financial track record.
Therefore, the given statement is true.
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What is the formula for the receivables turnover ratio?.
The formula for the receivables turnover ratio is net credit sales divided by average accounts receivable.
What is receivable turnover ratio?The receivable turnover ratio is what measure the number of times over a given period that a company collects its average account.
It is the number of times per year that a business collects its average accounts receivable.
Hence, the formula for the receivables turnover ratio is net credit sales divided by average accounts receivable.
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When the selling division in an internal transfer can sell every product at its market price, then the lowest acceptable transfer price as far as the selling division is concerned is: g
Answer:The Market Price charged to outside customers
Explanation:
Drinks Plus., a beverage manufacturing firm, recently launched a new energy drink. To make consumers aware of the new drink and to stimulate their interest in it, the managers want to use owned media to promote the new product. In this case, the managers will most likely _______.
If the managers want to use owned media to promote the new product. In this case, the managers will most likely make short commercials video for the energy drink and upload it to Y.o.u.T.u.b.e.
What is advertisement?Advertisement can be defined as the process of creating product or brand awareness to the target audience so as to increase sales.
Based on the scenario in order for the company to create the product awareness, the company should make a short commercials video to advertise the energy drink and then upload the video to Y.o.u.T.u.b.e
Therefore in this case, the managers will most likely make short commercials video for the energy drink and upload it to Y.o.u.T.u.b.e.
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1. What is the effect on the Cash account when a company sells merchandise, but allows the customer to pay later?
Volusia, Inc. Is a U. S. -based exporting firm that expects to receive payments denominated in both euros and Canadian dollars in one month. Based on today's spot rates, the dollar value of the funds to be received is estimated at $500,000 for the euros and $300,000 for the Canadian dollars. Based on data for the last fifty months, Volusia estimates the standard deviation of monthly percentage changes to be 8 percent for the euro and 3 percent for the Canadian dollar. The correlation coefficient between the euro and the Canadian dollar is 0. 30. What is the portfolio standard deviation
From the details that are contained in the question, the portfolio standard deviation is 0.0544 or 5.44%
How to solve for the portfolio standard deviationw1 = weight of euros 1 = 500000/800000
w2 = weight of canadian dollars = 300000/800000
Standard deviation 1 = 8%
Standard deviation 2 = 3%
Correlation coefficient = 0.30
(w1*σ1)² + (w2*σ2)² + (2* w1*σ1* w2*σ2 * 0.30)^0.5
[tex]((0.625*0.08)^{2} +(0.375*0.03)^{2} +(2*0.625*0.08*0.375*0.03*0.3)^0^.^5\\\\= 0.0544[/tex]
Therefore the portfolio standard deviation is given as 0.0544 or 5.44%
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CII, Incorporated, invests $710,000 in a project expected to earn a 9% annual rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated 12 years later. What will the cash proceeds be when the project is liquidated
The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.
Compound InterestGiven Data
Principal = $710,000Rate = 9%Time = 12 yearsA = P + I where
P (principal) = $710,000.00
I (interest) = $1,286,992.00
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 9/100
r = 0.09 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 710,000.00(1 + 0.09/1)(1)(12)
A = 710,000.00(1 + 0.09)(12)
A = $1,996,992.00
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When making a product line decision, a company may focus on lost contribution margin and avoidable fixed costs or prepare comparative ______. Multiple choice question.
A company may focus on lost contribution margin or prepare comparative income statement when making a product line decision
What is income statement?An income statement can be regarded as financial statement which helps to display company's income and expenditures.
It is a financial statement that shows you the company's income and expenditures. It also shows whether a company is making profit or loss.
Hence, when making a product line decision, a company may focus on lost contribution margin and avoidable fixed costs or prepare comparative income statement.
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Which is not a responsibility of a human resources manager? Choose the answer.
Question 3 options:
revising personnel policies and procedures
revising job descriptions
maintaining company employee contact information
developing the company's strategic plan
Answer:
maintaining company employee contact information
On December 1, a company pays $3,600 for a 36-month insurance policy. After one month, accrual accounting requires $ _________(100/3,600) of insurance expense be reported on the income statement ending December 31. However, if cash basis accounting is used, $ _______(100/3,600) of insurance expense would be reported at the time of purchase.
Accrual accounting demands $100 in insurance expenses, whereas cash basis accounting requires $3,600 in insurance expenses.
What is the insurance expense?Using the accrual basis of accounting, the corporation will recognize expenses when they are incurred, regardless of whether they are paid or not.
As a result, the company's insurance expense in the year is limited to the months of December 1 to December 31.
[tex]\text{ Insurance expense under accrual basis} =\frac{3,600}{36}=100[/tex]
Therefore, $3,600 divided by 36 months equals $100.
When using cash basis accounting, all expenses with actual cash outflows are reported.
As a result, the entire $3,600 insurance policy cost will be charged to insurance expenses in the year.
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When a computer answers your phone call to a utility company and asks you to tell it why you are calling, that computer is using _____. natural language processing an explanation facility supervised learning a knowledge acquisition facility
A natural language is been used when a computer answers your phone call to a utility company.
What is natural language?A natural language serves as human language which could be English which us different from constructed language or machine language.
Therefore, When a computer answers your phone call to a utility company , a natural language will be used instead of machine language.
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In the case of a basket purchase, the cost of the land and building is ______.
The cost of the land & building is split among the assets purchased in proportion to the market value of the assets as a whole in the case of a basket purchase
What is a basket purchase?
It is called a lump sum acquisition because its involves the purchase of many assets as a group.
In this purchase, when an investor purchases an assets, it means the the investor is able to buy many assets as one group in a single transaction,
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The appearance of a résumé can change drastically after it has been scanned. please select the best answer from the choices provided t f
It is a true statement that the appearance of a résumé can change drastically after it has been scanned.
How does the appearance of a résumé changed?The real appearance of the resume hardcopy can changed because they lighting and texture will be altered because of the lighting using by the scanning machine.
Therefore, It is a true statement that the appearance of a résumé can change drastically after it has been scanned.
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Zachary is going to major in business. However, he has never had much interest in subjects with numbers. He would like to avoid taking any finance courses if possible. What should Zachary do
Zachary should realize that his success in business requires an understanding of financial issues and hence a major in finance and accounting is preferred.
What do you mean by major in business?The business major is for students who want more education in many business areas, with the option to become a professional.
Students will learn how different types of companies work in the domestic and global economies.
Hence, Zachary should realize that his success in business requires an understanding of financial issues, and hence a major in finance and accounting is preferred.
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If a mutual fund's portfolio is valued at $500 million while there are liabilities of $6 million, what would be the NAV if there were 30 million shares outstanding
The NAV of the mutual fund's portfolio given the value of the assets, liabilities and the shares outstanding is $16.53.
What is the NAV?
NAV means net asset value. It is the intrinsic value of a stock. NAV can be determined by dividing the differerence between assets and liabilties by the shares outstanding.
NAV = (assets - liabilities) / shares outstanding
(500 - 6) 30 = $16.53
Some monopolistic competitors earn positive economic profits in the long run because a. there are high barriers to entry in monopolistic competition. b. they have successfully differentiated their products from their competitors' products. c. there is easy entry and exit. d. b and c e. none of the above
In a monopoly, only the company that dominates the market can make a profit because it is difficult for other companies to compete (option A)
What is monopoly?A monopoly is a term that refers to a situation of legal privilege in which a producer or economic agent (monopolist) has great market power and is the only one in an industry.
For example: A company that produces cars and is the only one in a country that has all the means to produce and market cars. For other companies it is difficult to enter a consolidated market to compete against that company.
According to the above, it can be inferred that for new companies there are great barriers to compete against a company that has a monopoly.
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Which answer choice does not represent an advantage to using credit cards over other forms of payment? a. payments made online with credit card b. payments made abroad with credit card c. emergency contact number for lost card d. interest due on outstanding balance please select the best answer from the choices provided. a b c d
Answer: C
Explanation:
An emergency contact number for lost card makes no sense when it comes to an advantage to using credit cards.
A stock __________ is the distribution of additional shares to stockholders according to their percent ownership. When this occurs, the corporation "calls in" its outstanding shares and issues more than one new share in exchange for each old share.
Answer:
split
Explanation:
The number of shares that a corporation's incorporation document allows it to sell is referred to as
The number of shares that a corporation's incorporation document allows it to sell is referred to as authorized shares.
What is a Corporation?This refers to a business entity that has a group of members who acts together for a set goal.
Hence, we can see that when it comes to the selling of stocks by the corporation, there is a limit of shares to sell and this is known as authorized shares.
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As the marketing director for Mountaintop Ski Resort, Kimberli has lots great ideas about advertising the resort to new groups of customers. What would you tell Kimberli about the customer perspective?
The advise that would be said to Kimberli on customer perspective would be that: she raises customer expectations in order to entice new customers to the resort.
What is customer expectation?This term refers to what the customers would anticipate as they engage in interactions with a business or a company.
Customer interactions helps to know what the customers expects of a given product or a service.
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When a pharmaceutical company places an ad in a home and garden magazine for its new arthritis drug, it is using a ________ strategy. Multiple Choice push direct marketing hook pull multichannel
Multichannel strategy is been used by a pharmaceutical company when she places an ad in a home and garden magazine.
What is multichannel strategy?Multi-channel marketing serves as a marketing strategy which involves communicating with customers across multiple, independent channels.
This multichannel strategy. is used to inform potential customers about the company products.
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Kendall frequently spots issues that will affect both her team in Sacramento and their counterparts in San Bernardino. Kendall plays a ________ role by setting meetings with both teams so they can work openly and coordinate smoothly.
1Kendall frequently spots issues that will affect both her team in Sacramento and their counterparts in San Bernardino. Kendall plays a task role by setting meetings with both teams.
What is task role?These are the jobs that need you to complete tasks. The different roles are assigned to different persons by the person who is senior in the position from the starting to end of the task.
Thus, it is task role.
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When managers use suppliers and manufacturers outside of the organization to provide goods or services the company previously supplied itself, it is called
The use of outside suppliers and manufacturers (vendors) to provide goods or services the company previously supplied is called outsourcing.
What is the main advantage of outsourcing?The main reason or advantage that management outsources the production of goods and services previously produced internally to vendors is to reduce costs.
Outsourcing can also help an organization benefit from costly expertise that it cannot afford to acquire internally.
Outsourcing helps an organization to:
Focus on core tasksMaintain controlPromote growthManage risksEnjoy flexibilityDevelop internal staff.Thus, the use of outside suppliers and manufacturers (vendors) to provide goods or services the company previously supplied is called outsourcing.
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Measures of Success are well-defined by a Six Sigma Team in order to satisfy: Select one: a. customers b. sponsors c. team members d. all of the above e. A and B f. B and C
Measures of Success are well-defined by a Six Sigma Team in order to satisfy are customers, sponsors, and team members. The correct option is D.
What is a six-sigma team?Stakeholders, executives, champions, and team members (yellow belts) are typically included in the formation of a Six Sigma team.
The team is led by a green belt or black belt. Master black belts, black belts, green belts, and yellow belts who assist in the management of the improvement initiative may be members at the project level.
Thus, the correct option is d. all of the above
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The Gregor family installed a pool in their backyard but refused to put in a fence. While the Gregors were on vacation, a 10-year-old boy jumped in their pool and was injured. The boy’s family will MOST likely sue the Gregors for what?
The family of the boy will most likely sue the Gregors for not putting a fence around the pool in their backyard due to which their child has been injured.
What is a fence?A fence is a structure built outside an area to cover it so that no one can escape or enter that area. It is a kind of a railing or a barrier usually made up of wood, wire, or steel bars.
If the Gregor family has put the fence around the pool in their backyard, then a ten-year-old boy can't able to enter the pool area which ultimately results in no injury to the boy. But the Gregor family has denied putting the fence which makes the ten-year-old injured when he jumps into the pool area.
Therefore, the injured boy's family will sue the Gregor family for not putting a fence around the pool area.
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The possible answer choices are:
A. coverage
B. negligence
C. fraud
D. consideration
Now I'm going to bring up the definition of each word, I have found the law definition for negligence
Coverage: the extent to which something deals with or applies to something else.
(The law definition) Negligence: failure to use reasonable care, resulting in damage or injury to another.
Fraud: wrongful or criminal deception intended to result in financial or personal gain.
Consideration: careful thought, typically over a period of time.
Now the choice would be B: negligence because of the event that happened.
In any business, funds come into and go out of a business. What business function acquires funds for the firm and then manages those funds on a day-to-day basis?.
Answer:finance
Explanation:
A financial plan is made up of five expenditures that detail the basic standards for starting a business, the investments you'll need to make, and how you intend to finance them. This allows you to determine the viability of your business idea.
What is the financing mix?The financing mix is thus the combination of debt and capital that a firm employs to achieve its goal of maximizing the firm's value. A firm will operate to maximize shareholder wealth, and in order to do so, a proper financing mix must be implemented.
First, a company can reinvest net operating earnings to stabilize operations or fund expansion. Second, a company can borrow money to cover operational losses or to expand its operations. Finally, a company can fund its operations and growth by issuing equity capital.
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What are the portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share and 115 shares of Stock B that sell for $49 per share
The portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.
Portfolio weight for each stockFirst step
Total value = 185($64) + 115($49)
Total value = $17,475
Second step
Portfolio weight for each stock is:
Portfolio weight A = 185($64)/$17,475
Portfolio weight A = .6775
Portfolio weight B = 115($49)/$17,475
Portfolio weight B = .3225
Therefore the portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.
The portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.
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The number of dependents that people are choosing to have is ?
O decreasing
O increasing
Current demographic trends show that the number of dependents that people choose to have is Decreasing.
What is the trend in dependants?A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.
The top reasons for this include more education and increased economic hardship.
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Maria has a balance of $4,500 on her credit card with a 22% interest rate. How long will it take her balance to double?
The time required from simple interest on a principal of $4,500.00 at an interest rate of 22% per year is 4.55 years (about 4 years 7 months).
Simple InterestGiven Data
Principal = $4,500Interest = 22%Final Amount = $4,500*2 = $9,000Equation:
t = (1/r)(A/P - 1)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 22%/100 = 0.22 per year,
then, solving our equation
t = (1/0.22)((9000/4500) - 1) = 4.55
t = 4.55 years
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________ have over 85% of the l,669 federally designated mental health professional shortage areas.
Answer:
rural places have over 85% of the l,669 federally designated mental health professional shortage areas.
Explanation:
A written agreement with a promise to pay a supplier a specific sum of money at a definite time is a(n) ______.
Answer: Promissory note
Explanation: