Ask question

Ask question

All categories

2 years ago

10

Ray works as an accountant for a non-profit organization. Ray got his current position after volunteering at a few of the non-pr

ofit’s events and becoming friends with some of its employees. Which method did Ray use to develop his professional network?

1 answer:

kogti [31]2 years ago

3 0

Ray used Strategic method to develop his professional network.

Explanation:

Ray works as an accountant at Non profit organisation.
There is always important to know a lot of people from that industry.
Ray started volunteering in the event, Event are most important place.
It helps in socializing with people getting to know from diversity.
A conversation said by other people helps people get into the business.
This works with allot of organization to help make friends and socialize.

You might be interested in

Gerber Products Company brands its baby food and is an example of a resource that is potentially inimitable, making it difficult

jekas [21]

Hope this helps . It’s on quizlet

5 0

2 years ago

Which of following is a TRUE statement about inventory within a continuous review system?

garri49 [273]

Answer:

c. When ordering or setup costs increase, Economic Order Quantity increases

Explanation:

In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.

Continuous inventory involves ordering the same quantity of a good in each order. However the rate at which goods are replenished varies based on monitoring of level of goods. Orders are made when inventory gets to a certain level.

In this instance when there is an increase in ordering or setup there needs to be allocation of a higher amount for orders. The additional cost is added to the economic order quantity

5 0

2 years ago

Lassen Corporation sold a machine to a machine dealer for $24,000. Lassen bought the machine for $52,000 and has claimed $20,500

tangare [24]

Answer:

Gain/loss= $7,500 loss

Explanation:

Giving the following information:

Selling price= $24,000.

Lassen bought the machine for $52,000 and has claimed $20,500 of depreciation expense on the machine

First, we need to calculate the book value:

Book value= original price - accumulated depreciation

Book value= 52,000 - 20,500= $31,500

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= 24,000 - 31,500= $7,500 loss

8 0

2 years ago

A project will produce an operating cash flow of $56,200 a year for 5 years. The initial fixed asset investment in the project w

Lelu [443]

Answer :

Net present value = -$18,375

Explanation :

As per the data given in the question,

Initial investment = $239,800

The project will generate operating cash flow pf $56,200 for 5 years

So present value of operating cash flow :

PMT = $56,200

N = 5 years

Rate = 15.2%

FV = $0

Now applying the formula

= -PV(RATE,NPER,PMT,FV,0)

The present value comes $187,502

Now

FV = $67,000

n = 5 years

Rate = 15.2%

PMT = $0

Now applying the formula

= -PV(RATE,NPER,PMT,FV,0)

The present value comes $33,023

Now the Net present value is

= ($33,023 + $187,502) - $238,900

= -$18,375

5 0

2 years ago

Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l

just olya [345]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Costs associated with the alternatives are listed below.

Alternative X

Materials costs $ 41,000

Processing costs $ 45,000

Equipment rental $ 17,000

Occupancy costs $ 16,000

Alternative Y

Materials costs $ 59,000

Processing costs $ 45,000

Equipment rental $ 17,000

Occupancy costs $ 24,000

Only Material Costs are relevant because they vary whether you chose Alternative X or Y. Processing costs are the same in both options.

6 0

2 years ago