Sensitivity analysis determines the: Multiple Choice net present value range that can be realized from a proposed project. degree to which a project relies on its initial costs. ideal ratio of variable costs to fixed costs for profit maximization. range of possible outcomes given that most variables are reliable only within a stated range. degree to which the net present value reacts to changes in a single variable.

Answers

Answer 1

Answer:

It determines the degree to which the net present value reacts to changes in a single variable

Explanation:

Sensitivity Analysis is a tool which is used in financial modeling to analyze how the net values of a set of independent variables affect a single dependent variable under certain specific conditions.

It shows how different values of the independent variable causes changes in the single dependent variable. It predicts the result of a decision given a certain range of variables.


Related Questions

1. Find the derivative y' = dy/dx:
(a) y = 5x2 + 2x-1/2 + 3
(b) y = (3x2 - 1)(5x2 + 2x)
What is the y prime?

1. Find the derivative y' = dy/dx:(a) y = 5x2 + 2x-1/2 + 3(b) y = (3x2 - 1)(5x2 + 2x)What is the y prime?

Answers

Answer:

you did the questions right . very good


3 The stagnation stage of the life cycle of a resort is often characterized by the increasing cost of public services and the lowering of the ‘quality of life’ for many residents.
Describe this situation from the viewpoint of (i) older residents living in the community, many of whom are ‘incomers’ from industrial cities in other parts of the country and (ii) a well-educated middle class couple with young children, who are staying
in the resort for their main holiday.

Answers

Old age people are incomers can afford to pay for better resorts to live in with and offer better facilities. Thus they would not any will to live with lower quality services and thus they would not prefer to stay at this stage. Since the Middle class couple with their young children cannot afford to pay for very high expensive services, the couple might not recognize the resort to be in the stagnation stage & keep living there for their holiday. Middle class people have to face a lot in every situation, there incomes are limited so in case of inflation they used to suffer.

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(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.​

Answers

Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.

Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.

When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.

In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.

Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.

Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.

Which set of documents do you need to correct a mistake on a filed tax return

Answers

Answer:

Form 1040x

Explanation:

Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance, 1/1/2022 300 $5 $1500 Purchase, 1/15/2022 150 ..5.3 795 Purchase, 1/28/2022 150 ..5.5 825 An end of the month (1/31/2022) inventory showed that 240 units were on hand. If the company uses LIFO, what is the value of the ending inventory

Answers

Answer:

$2,405

Explanation:

LIFO assumes that the units to arrive last will be sold first. Therefore the value of ending inventory is based on the earlier (old) prices.

Ending Inventory = 240 units x $5 = $2,405

In your own what is the management?​

Answers

Answer:

can you explain this a little better how u have it makes no sense

How many months does it take the average case to move from complaint to resolution?

Answers

Answer:

Explanation:

25 months

¿In two to three sentences, explain why it is important to have insurance.?

Answers

Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

You are a medical records clerk working in the HCM department of a major hospital in your area. You over hear a co-worker on the phone stating that they have found a phone number and address of a patient and it appears to be a personal call. Explain the laws that may have been violated in the discussion background. Support your answer with evidence.

Answers

In the scenario described, it appears that a co-worker may have violated patient privacy laws by accessing and disclosing personal information for personal purposes.

As a medical records clerk, maintaining patient confidentiality and adhering to privacy laws is of utmost importance. The laws that may have been violated in this situation include:

1. Health Insurance Portability and Accountability Act (HIPAA): HIPAA is a federal law in the United States that protects the privacy and security of patients' health information. It prohibits unauthorized access, use, and disclosure of individually identifiable health information. The unauthorized use of a patient's phone number and address for personal reasons without a legitimate work-related purpose would likely violate HIPAA.

2. Confidentiality Laws: Many jurisdictions have laws that protect patient confidentiality and require healthcare professionals to maintain the privacy of patient information. These laws are in place to ensure that patients' personal information is not disclosed without their consent or a legally valid reason. Sharing a patient's phone number and address without a legitimate professional reason could be a breach of these confidentiality laws.

3. Professional Code of Ethics: Healthcare professionals, including medical records clerks, are bound by professional codes of ethics that require them to protect patient privacy and maintain the confidentiality of medical information. Violating these ethical obligations can result in disciplinary action and damage the trust between healthcare providers and patients.

It is important to note that the specific laws and regulations may vary depending on the jurisdiction. However, the general principles of patient privacy and confidentiality remain consistent. It is crucial for healthcare professionals to be aware of and comply with these laws to protect patient privacy and maintain the integrity of the healthcare system.

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The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.

Answers

1. the postal service experienced an increase in total contribution margin of $7.00

2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.

3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00

4. The exact number of deluxe sheets is 45.

Calculation of the increase (decrease) in total contribution margin:

The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:

Selling price of regular souvenir sheets: $8.00

Selling price of deluxe souvenir sheets: $15.00

Number of regular souvenir sheets sold: 80,000

Number of deluxe souvenir sheets sold: 50,000

To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:

Contribution margin regular souvenir sheets = Selling price - Variable cost

= $8.00 - Variable cost

Contribution margin deluxe souvenir sheets = Selling price - Variable cost

= $15.00 - Variable cost

To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:

Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular

= ($15.00 - Variable cost) - ($8.00 - Variable cost)

= $15.00 - $8.00

= $7.00

So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.

2. Calculation of the percentage increase in selling price and unit sales:

Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100

= [(15.00 - 8.00) / 8.00] * 100

= 87.5%

Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.

Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100

= [(50,000 - 80,000) / 80,000] * 100

= -37.5%

The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.

3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:

To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:

Selling price deluxe = Selling price regular + Increase in contribution margin

= $8.00 + $7.00

= $15.00

So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.

4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:

Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold

= ($8.00 - Variable cost) * 80,000

To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:

Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets

($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000

Simplifying the equation:

Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)

= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)

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3. What is C in the equation Ax + By = C?
A. coefficient
B. constant
C. slope
D. variable​

Answers

Ur Query :

What is C in the equation Ax + By = C?

A. coefficient

B. constant ✔︎

C. slope

D. variable

Answer:

B. Constant

Explanation:

Standard Form of Liner Equation

⠀Ax + By = C

Where A, B and C are constants.

Answer:

B. constant....

Explanation:

thanks hope it helps u........ pls mark me as brainliest.......if it helps☺️

For a $150,000 mortgage, with interest rate 5,5%, paid over 15 years, the monthly payment is $1,225,63. After 2 monthly
payments, what is the balance of the loan?
Round to the nearest cent. Do not include the dollar sign or commas in the answer box.

Answers

150,000e^(0.055)(15)
342,282.114799

Subtract the two monthly payments
342,282.11-2,451.26
339830.85

An order full film and process has demand for three order types during the next 4 weeks as shown in table 5.1 the assignment of activities to workers and processing time for each activities are shown in table 5.21 all workers have 40 hour per week available to work on this process.

Develop the mathematical model and use Excel Solver to find the number of orders of each type that should be processed to maximize total profit.
TABLE 5.20
Routing, Demand, and Profit Data for Exercise 5.18
OrderType Activities demand profile
Basic 1,2,3 and5. 90 125
Special 1,3,4and6 110 175
Deluxe 2,4,5,and6. 90 200

Table 5.21
Activity time and resource assignment data for exercise 5.18
Activity Time (Min) Employee
1 24 Anne
2 18 Anne
3 25. Meg
4 27 joe
5 15 joe
6 14 Meg
Nov solve it in Excel solver sheet

Answers

Using Excel Solver, the optimal solution for the order and process demand is to process 62.5 Basic, 30 Special, and 90 Deluxe orders, resulting in a total profit of $29,875.

To solve this problem using Excel Solver, we need to first create a mathematical model. We can define the decision variables as the number of orders of each type that should be processed.

Let x1, x2, and x3 be the number of orders of Basic, Special, and Deluxe types, respectively.

The objective is to maximize the total profit, which can be calculated as follows:

Total Profit = 125x1 + 175x2 + 200x3

We also need to ensure that the available time of each employee is not exceeded. For this, we can use the following constraints:

24x1 + 18x2 <= 40(Anne's available hours)

25x1 + 27x2 + 14x3 <= 40(Meg's available hours)

15x1 + 27x3 <= 40(Joe's available hours)

We also need to ensure that the demand for each order type is met. For this, we can use the following constraints:

x1 <= 90 (Demand for Basic)

x2 <= 110 (Demand for Special)

x3 <= 90 (Demand for Deluxe)

All decision variables should be non-negative, i.e., x1, x2, and x3 >= 0

Now we can set up the Excel Solver to find the optimal solution. Follow the below steps:

Step 1: Open a new Excel spreadsheet.

Step 2: Enter the demand and profit data in Table 5.20 into the spreadsheet.

Step 3: Enter the activity time and resource assignment data in Table 5.21 into the spreadsheet.

Step 4: Define the decision variables, objective function, and constraints in the spreadsheet as described above.

Step 5: Go to the "Data" tab and click on "Solver" in the "Analysis" group.

Step 6: In the Solver Parameters dialog box, set the objective to "Max" and set the decision variable cells as the range containing x1, x2, and x3.

Step 7: Enter the constraints by clicking on "Add" in the "Constraints" tab of the Solver Parameters dialog box.

Step 8: Click on "OK" to close the "Add Constraint" dialog box and then click on "Solve" in the Solver Parameters dialog box.

Step 9: The Solver will calculate the optimal solution and display the values of x1, x2, and x3 that maximize the total profit.

The optimal solution, as calculated by Excel Solver, is:

x1 = 62.5

x2 = 30

x3 = 90

This means that the company should process 62.5 orders of the Basic type, 30 orders of the Special type, and 90 orders of the Deluxe type to maximize total profit. The total profit will be $29,875.

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How do patents help promote competition?
A. They support people who wish to copy and profit from registered inventions
B. Knowing inventions can be protected and encourages people to create new things
C. The owner of the patent can prevent other people and businesses from innovation
D. A patent can discourage businesses from offering new or improved goods and services

Answers

I think it’s B

Gotta make the answer longer

The answer is B. Knowing inventions can be protected and encourages people to create new things. Please give the other person Brainliest. They deserve it.

Hope this helps! :)

Consider the following transactions:________. a. Purchased equipment for $130,000 cash. b. issued S14 par preferred stock for cash. c. Cash received from sales to customers of 535,000. d. Cash paid to vendors, 517,000. e. Sold building for $19,000 gain for cash. f. Purchased common treasury shares for 528,000. g. Paid a notes payable with 1,250 of the company's common shares. Requirement Identify the category of the statement of cash flows in which each transaction would be reported.

Answers

Answer:

a. Investing Activities

b. Financing Activities

c. Operating Activities

d. Operating Activities

e. Investing Activities

f.  Financing Activities

g. Non - Cash Financing Activities

Explanation:

The Cash Flow Statement is Prepared under the Following Categories :

1. Operating Activities

Reports the cash flows from the ordinary course of business. Example is cash collection from customers.

2. Investing Activities

Reports the cash flow from sale or acquisition of assets. Example is the sale of the Building.

3. Financing Activities

Reports the cash raised by issuing financial instruments and the repayment there-off. Example is the issue of Preference Shares for Cash.

Non - Cash Items

These are not reported in the Cash flow statement because they do not include movement of cash.

In the simple Keynesian model, there are three simplifying assumptions. Among these assumptions is: __________

a. the price level is flexible no foreign sector
b. the price level is constant until
c. the economy reaches its full-employment level
d. the money supply always rises b and c

Answers

Answer: B and C

No foreign sector

The price level is constant until the economy reaches its full-employment level

Explanation:

Keynesian economics refers to the theory that relates to total spending in the economy and how it affects output, Inflation and employment in the economy.

Assumptions of the Keynesian Model include:

• No foreign sector as economy is closed.

• Demand creates its own supply.

• The aggregate price level is fixed. ...

• The price level is constant until the economy reaches its full-employment level

• No retained earnings etc.

Internal control within a company involves everything that controls the risks to the organization. This might involve reliable financial reporting, accurate feedback, compliance with laws/regulations or achieving strategic goals. There are three types of controls: preventive, detective, and corrective. Using the company where you have been employed:

Using the company where you have been employed, do the following:

Discuss at least one control in each of these three categories
Reflect on how enterprise risk management would influence the internal controls you identified

Answers

Answer:

Company: XYZ Corporation

Preventive Control:

One preventive control for XYZ Corporation is to implement a segregation of duties policy, where different individuals are responsible for different tasks. This ensures that employees have little control over a particular area to reduce the risk of fraud or errors. For example, the employee who is responsible for processing payroll is not approve time cards or change pay rates.

Detective Control:

A detective control for XYZ Corporation is to conduct periodic audits of financial transactions. This helps identify any unusual or suspicious activity, such as unauthorized disbursements or purchases. For example, a forensic audit is conducted to identify potential fraudulent transactions.

Corrective Control:

A corrective control for XYZ Corporation is to establish a robust internal reporting system that allows employees to report any concerns about potential issues in the company. This enables prompt investigation of any issues that may arise. For example, employees are provided with a hotline or an online reporting system allowing them to report issues anonymously.

Enterprise risk management (ERM) influences the internal controls by providing a framework for identifying and assessing risks across the organization. ERM encourages the company to evaluate all risks, including those related to financial reporting, compliance, and strategic objectives. It helps the company identify the most critical risks and develop appropriate internal controls to mitigate those risks.

In addition, ERM promotes a culture of risk management throughout the organization, where employees can report any risks or issues they observe. This helps ensure that the internal controls are effective and are being followed by all employees. ERM also encourages regular monitoring and testing of the internal controls to ensure that they are functioning as intended and are meeting the company's risk management objectives.

Explanation:

Many U S citizen are stimulated by change and thrive on new opportunities. Theses citizens probably have a high level of acceptance for which dimension of cultural differences

Answers

The dimension of cultural difference that the U.S. citizens, who are stimulated by change and thrive on new opportunities, probably have a high level of acceptance for is the dimension of uncertainty avoidance.

Uncertainty avoidance is the level of an individual's resistance or tolerance to ambiguity or anxiety-provoking situations in new or uncertain conditions.

In certain nations, the capacity to deal with ambiguity is a key personality attribute. On the other hand, in certain cultures, the capacity to withstand ambiguity is not considered essential.

Hence, the U.S. citizens, who are stimulated by change and thrive on new opportunities, probably have a high level of acceptance for the dimension of cultural differences.

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Milton Friedman argues that __________.
O corporations today should adopt a broader view of their social responsibilities than they have in the past.
O corporate officials have a social responsibility that goes beyond serving the interests of their stockholders.
O strict governmental controls are necessary if society is to maximize its overall economic well-being.
O a business's only social responsibility is to maximize profits within the rules of the game.

Answers

Answer:

Milton Friedman argues that a business's only social responsibility is to maximize profits within the rules of the game.

Explanation:

Milton Friedman is known to hold an opposing view when compared to that of John Keynes about economic theory.

Whereas Milton Friedman believes that the utmost responsibility of any company is to the shareholders, the Keynesian are more consumer focused.

Milton Friedman believes strongly in free capitalism and as a result does not advocate for any company offering corporate social responsibility to the society or public.

feature of effective organisation goal​

Answers

Answer:

yespy9y8tdurakyeo6dpieufjf

Answer:

specific, measurable, achievable and timely. By setting clear, realistic goals, organizations have a clearer path to achieve success and realize its vision. Goal setting, and attaining them, can also help an organization achieve increased efficiency, productivity and profitability.

Toll booths on the New York State thruway are often congested because of the large number of cars waiting to pay. A consultant working for the state concluded that if service times are measured from the time a car stops in line until it leaves, service times are exponentially distributed with a mean of 2.7 minutes. What proportion of cars can get through the toll booth in less than 3 minutes?

Answers

Answer:

\(P(X < 3) = 67.14\%\)

Therefore, 67.14% of the cars can get through the toll booth in less than 3 minutes.

Explanation:

A consultant working for the state concluded that if service times are measured from the time a car stops in line until it leaves, service times are exponentially distributed with a mean of 2.7 minutes.

Let X be a random variable. The service time has an exponential distribution with a mean of 2.7 minutes.

Mean = μ = 2.7 minutes

Decay rate = m = 1 /μ

Decay rate = m = 1/2.7

Decay rate = m = 0.371

The cumulative probability distribution function is  given by

\(P(X < x) = 1 - e^{-mx}\)

Where m is the decay rate and x < 3

So the proportion of cars that can get through the toll booth in less than 3 minutes is

\(P(X < 3) = 1 - e^{-0.371(3)}\)

\(P(X < 3) = 1 - 0.3286\)

\(P(X < 3) = 0.6714\)

\(P(X < 3) = 67.14\%\)

Therefore, 67.14% of the cars can get through the toll booth in less than 3 minutes.

Think about the possible costs and benefits of government intervention in this situation.
A country’s economy has not seen economic growth in the past two years. In fact, last year the GDP fell, unemployment rose, and consumers were nervous that their paychecks wouldn’t be enough to cover their usual purchases and bills in the coming months. Then the government decided, in the hope of getting the economy going again, to spend billions of dollars on infrastructure projects such as road repair and high-speed rail installation. It also reduced taxes in an effort to give people more money. However, because the government is spending money on projects and has less money coming in because of the lower tax rates, several government programs have had their funding reduced and the country’s debt has increased.
Should the government have intervened in the economy as it did? Justify your response.

Answers

The government's decision to intervene in the economy by investing in infrastructure projects and reducing taxes is a complex matter with potential benefits and drawbacks. While these actions aim to stimulate economic growth and provide individuals with more spending power, they also lead to reduced government revenue, potential cuts to programs, and increased national debt. Whether the government's intervention was justified depends on its effectiveness in revitalizing the economy, ensuring long-term sustainability, and carefully managing the potential negative consequences. Striking a balance between short-term recovery and long-term stability is crucial, requiring thorough analysis, planning, and continuous evaluation.

3. Identify TWO possible suitable sources of external finance Chris could consider, if the local bank
manager refuses to give him a loan for purchasing a new van for his business. (10 marks)
Please help

Answers

Answer:

Hire Purchase

Loans from friends

Explanation:

Hire purchase

A hire purchase (HP) , is also called an installment plan, it is is an financing contract whereby a customer agrees to acquire an asset by paying an initial deposit and repays the balance of the price plus interest on installment bases  over a period of time .

Loans from friends

These are loans received from friends which are mostly interest free

which item would be a high involvment purchase?
A an apple
B a pen
c. a computer
d a movie ticket

Answers

Answer:c

Explanation: you need to do more then just buy the computer

what is a resume and why is it important to adopt a you attitude when preparing one?​

Answers

Answer:

A resume is a form you fill out for your job, giving information on why you would be good at the job and important traits about you.

A resume is a doc that you fill out for your wanted employer can look at your skills, experiences, strengths and weaknesses, etc. it’s important to have a you attitude when preparing it because the resume is all about you.

A quality-of-life index measures absolute poverty levels.
A. True
B. False

Answers

Answer:

B. False

Explanation:

The quality of life index refers to an index that was established by the sociologist whose name is Morris David Morris in the year 1970 that are depend on the basic literacy level, infant mortality, and the life expectancy level

In the given question, it is mentioned that the quality of life index measures the absolute levels of poverty i.e. totally wrong as it measured the things that are stated above

Hence, the given statement is false

In the problem solving process which step comes after define the problem

Answers

People who can describe problems, analyze options, make decisions, and carry out a plan have all of the fundamental abilities needed for effective problem solving.

The act of describing a problem, discovering the origin of the problem, identifying, prioritizing, and selecting alternatives for a solution, and executing a solution is known as problem solving. Defining the Issue. The first stage in almost any problem-solving methodology is to define or identify the problem.

It is the most challenging and crucial of all the steps. It entails diagnosing the situation so that the focus is on the actual problem rather than its symptoms. The Problem-Definition Process encourages you to define and comprehend the problem at hand in great detail.

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Value-added" describes the economic enhancement a company gives its products or services and helps explain why companies are able to sell their goods or services for more than they cost to produce. Identify and explain some of the value-added services in Operations Management.

Answers

Answer:

One example of a value-added service in operations management would be the development of premium agricultural products like premium coffee or tea.

Explanation:

Agricultural products tend to be basic and cheap than most other goods because they are a basic necessity, meaning tha not only theird emand is high, but so is their supply, causing the market price of agricultural products to be relatively low.

If a company instead chooses to add value to its agricultural product, then, the company creates a product not only of higher value to both the company and its customers, but also in terms of price, that can therefore generate a higher revenue for the firm. Operations management is fundamental in this process because it deals with the production process of the product, which would go through several stages.

what is marketing information system

Answers

Answer:

go to malllllllllllllllllllll

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible Accounts of $640 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. Bad debt expense for the year should be:

Answers

Answer:

$870

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Allowance for uncollectible accounts at 5%

= 5% * $302,000

= $1,510

Since the Allowance for Uncollectible Accounts was $640 (credit) before any adjustments, the bad debt expense for the year

= $1,510 - $640

= $870

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