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2 years ago

When establishing criteria to measure the success of a customer-oriented business, managers should:

Business

1 answer:

Aleks [24]2 years ago

4 0

Answer:

Explanation:

Financial success metrics are essential and should not be overlooked, such as earnings and dividends. In addition, the most common metrics used to assess performance have historically been those removed. The aim of a customer-oriented company today however is to satisfy everybody concerned. Non-financial parameters therefore also apply to the assessment of the company's success. therefore the answer must be

D.Recognize that, while financial measures are important and should be considered, the purpose of the firm is to satisfy both internal and external customers.

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Vintage Audio Inc. manufactures audio speakers. Each speaker requires $115 per unit of direct materials. The speaker manufacturi

Karo-lina-s [1.5K]

Answer:

1. Purchase materials to manufacture 750 speakers

Debit Raw and In Process Inventory $86,250

Credit Accounts payable $86,250

2. Conversion costs to 715 units

Debit Raw and In Process inventory $64,350

Credit Conversion costs $64,350

3.Completed and transferred 665 units to Finished Goods

Debit Finished Goods Inventory $136,325

Credit Raw and In Process Inventory with $136,325

4. Sales of 655 units

Debit Account receivable $204,360

Credit Sales $204,360

5. Cost of Goods sold - 655 units

Debit Cost of Goods sold $134,275

Credit Finished Goods inventory $134,275

Closing balance of Raw & In process Materials = $14,275

Closing balance of Finished Goods inventory = $2,050

Explanation:

Vintage Audio Inc.

Cell process time = 15 minutes per speaker

Conversion cost for 165 operating hours = $59,400.

Units produced in 165 hours = (165hrs x 60mins) / 15

= 660 units

Conversion costs per Unit = $59,400 / 660 units = $90

Refer to the attached for very detailed presentation of answers

8 0

2 years ago

A firm is using cumulative voting and four director spots are up for election. There are 3.6 million shares outstanding. How man

VladimirAG [237]

Answer:

A minority owner own or control to ensure that he or she can gain control of one seat on the board of directors must have 720001 shares.

Explanation:

Number of shares he must own = Total number of shares/(Number of directors + 1)

= 3.6 million/(4+1) + 1

= 720001

4 0

2 years ago

Read 2 more answers

Roll over each item on the left to read the description. Identify whether each of the statements is an argument for or an argume

Naya [18.7K]

Answer:

Floating exchange rate

Here the market decides the value of the currency as it trade freely in the market based on supply and demand.

Argument For;

Market Based - It is market based therefore it reflects the true value of the currency.

Argument Against;

Uncertainty - As it trades according to the whims of supply and demand, telling which direction it will go in terms of value is a difficult undertaking therefore financial decisions based on such are riskier.

Fixed exchange rate

Here the value of the currency is fixed either to the value of another currency or to the price of gold.

Argument For;

No Uncertainty - As the currency is tied to another currency which is usually more stable or gold, the rate of the currency is more predictable.

Argument Against;

Unknown Elements

Managed float

In this exchange rate regime, the Central bank of a country intervenes in the Foreign exchange market to push or pull the currency in the direction that it prefers.

Argument For;

Government intervention - The Government Intervention ensures that the currency's value remains stable as well as allowing the Central bank to maintain a good balance of payments.

Argument Against;

Difficult - Maintaining the currency within the band preferred in a difficult undertaking that requires constant intervention in the Forex market.

Pegged exchange rate

The Central bank in this instance pegs the currency to a basket of currencies after setting an exchange rate it would prefer and then intervenes in forex market to keep it that way.

Argument For;

Reduces uncertainty - The movement of the currency is more predictable due to it being pegged to a basket of currencies.

Argument Against;

Continual government intervention - As this requires the currency to remain at a certain value, the government will keep intervening to ensure that it stays at that exact level.

Target zone

Here the Central Bank allows the currency to fluctuate on the market albeit with limits placed on how much it can do so.

Argument For;

Fluctuation with limits - By combining fixed regimes with floating regimes, the currency can maintain a semblance of true value whilst still be less uncertain.

Argument Against;

Limited options.

4 0

2 years ago

Land held for possible plant expansion would be included as an operating asset when computing return on investment (ROI).

Softa [21]

Answer:

B. False

Explanation:

Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).

Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.

Return on investment can be used to determine

1. Profitability of a stock investment,

2. Profitability of the purchase of a business investment

3. Profitability of a real estate business

ROI = Net return / cost of investment × 100

Net return= Final value of investment - initial value of the investment

6 0

2 years ago

Sam is impressed with the quiet elegance and professionalism of the reception area when he arrives for his interview. By present

Sergeeva-Olga [200]

Uhhh the link is this one opened it

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2 years ago