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photoshop1234 [79]
1 year ago
6

Question 14 which one of these actions will increase the operating cycle? assume all else held constant.?

Business
1 answer:
Murljashka [212]1 year ago
7 0

The complete question is as follows:

Which one of these actions will increase the operating cycle? Assume all else held constant.

A. Increasing the payables period.

B. Decreasing the average inventory level.

C. Increasing the inventory turnover rate.

D. Decreasing the receivables turnover rate.

E Decreasing the payables period.

Answer : Which one of these actions will increase the operating cycle? Assume all else held constant.

A. Increasing the payables period.

B. Decreasing the average inventory level.

C. Increasing the inventory turnover rate.

D. Decreasing the receivables turnover rate.

E Decreasing the payables period.

Answer : D. Decreasing the receivables turnover rate.

We can calculate the operating cycle with the following formula :

Operating cycle = Days' sales of Inventory + Day Sales outstanding

Operating Cycle = [365/(Purchases/Average inventory)] +                                   [365/(Net credit Sales /Average accounts receivable)]

In the formula above, (Net credit Sales /Average accounts receivable) is known as the accounts turnover rate. A decrease in rate means that a company is taking more time to collect its receivables from its customers than ever before. This, in turn will result in an increase in day sales outstanding and hence, increase the operating cycle.

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Select the correct answer.
levacccp [35]

Differentiation,cost leadership are specifically a competitive advantage sustainment strategy.

<h3><u>Explanation:</u></h3>

Strategy refers to the plans that a company makes to attain its goals. The strategies formulation plays a vital role in the success of the companies. Any business before formulating the strategy it must frame clear ideas and goals. Competitive advantage is the major thing that must be focused by any business for achieving long term success.

The achievement and the sustainment of the competitive advantage also involves the strategy formulation. The main things included in this are Differentiation,cost leadership and also focus. Offering the products at much cheaper price than competitors and differentiating the products from the competitor products also helps in sustaining competitive advantage.

4 0
1 year ago
A. Because incident details are often unknown at the start, command should not be established until after the Incident Action Pl
Helen [10]

Answer:

a. Because incident details are often unknown at the start, command should not be established until after the Incident Action Plan has been developed.

  • 2. False

The command should be established as soon as possible in order to facilitate communication between operational and support processes.

b. Unity of command means that every individual is accountable to and reports to only one designated supervisor.

  • 1. True

Unity of command is one of the most basic and fundamental pillars of military and civilian operations since an individual should only follow the instructions and respond to one supervisor.

c. Chain of command restricts personnel from communicating or sharing information outside their organizational units.

  • 2. False

The chain of command is set up in order to avoid confusion and to allow a better and more organized flow of information, but that doesn't mean that personnel can communicate with each other and require information from each other.

5 0
1 year ago
You have a subordinate who performs best when he does things because he agrees with your ideas. What type of power should you us
eimsori [14]

Answer: 1. Persuasive Power

2. Information Power

3. Expert Power.

Explanation:

For the first Scenario where the subordinate works better when they are agreeing with your ideas, the type of power to use is PERSUASIVE Power. Persuasive power is the ability to be able to convince people to do things that can either be good or bad by making them see the logic in your decisions. You can use it here to motivate this employee as he is already used to being persuaded by you and is at his best when that happens.

The second scenario speaks of a power that stems from having a consistent track record that people trust. This is called the EXPERT power. The expert power means that you are very knowledgeable and skilled in your area of expertise which has the effect of people coming to you for guidance which is what is happening in this scenario.

The third scenario speaks to INFORMATION Power which refers to the ability to have and use multiple contacts as well as other information sources to constantly be knowledgeable in a field. People will seek you out for this and that is what they are doing here.

8 0
2 years ago
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct
alex41 [277]

Answer and Explanation:

The Preparation of cost of goods manufactured is shown below:-

<u>Statement of Cost of Good Manufactured </u>

<u>Particulars                                             Amount</u>

Direct Material    

Beginning Inventory a         $40,000  

Purchases b                          $290,000  

Direct material available     $330,000

(c = a + b)  

Ending direct material

inventory d                             $10,000  

Direct Material used                           $320,000  

(e = c - d)

Direct Labor                                        $398,000  

                           ($683,000 - $285,000 - $320,000)

Factory Overhead                              $285,000  

Total Manufacturing Cost                   $683,000  

Add: Beginning WIP Inventory           $42,000  

                         ($690,000 + $35,000 - $683,000)

Less: Ending WIP Inventory                $35,000  

Cost of goods manufactured             $690,000

b and c The Preparation of schedule of cost of goods sold and income statement for the year is prepared below:-

<u>Schedule of cost of goods sold</u>

<u>Income statement for the year</u>

<u>Particulars                                             Amount</u>

Sales                                                     $915,000

                                           ($270,000 + $645,000)

Cost of goods sold    

Beginning inventory of

finished product                      $50,000  

Cost of goods manufactured $690,000  

Cost of goods available

for sales                                    $740,000  

Less:Ending finished good

inventory                                  $80,000

                       ($740,000 - $660,000)

Cost of goods sold

(Unadjusted)                             $660,000  

Over-applied Overhead           $15,000  

                         ($285,000 - $270,000)

Cost of goods sold (Adjusted)                   $645,000

                                      ($660,000 - $15,000)

Gross profit                                                   $270,000

                                 ($30,000 + $100,000 + $140,000)

Less: Selling & Administrative Expenses    

Selling Expenses                   $140,000  

Administrative expenses       $100,000    $240,000  

Operating income                                      $30,000

5 0
2 years ago
1. OB helps managers explain, predict, and influence behavior in the workplace. Identify behaviors that you are most interested
SashulF [63]

Answer:

Part 1).  

The behavior that I am most involved in amplification, forecasting and persuading in the office is motivation between the team followers and staffs.

One the key persistence of association behavior is to manage staffs efficiently. This means that the employee administration is a large part of OB. In doing that administrations need to employee competent personnel and make sure they are sufficiently motivated. While the motivation can be of diverse types (internal and external), the administration of the motivation is what makes staffs efficient and creative. Thus in order to achieve effectiveness and productivity on association level, I believe it is significant to manage worker motivation efficiently.

There are various representations that can be used for this determination. For example, Maslow’s hierarchy, Herzberg’s’ theory, etc.

Part 2).

One of the significant steps to eliminate biases and preconceptions is to admit their presence and to vigorously avoid them. The staffs should receive discernment and diversity training on a regular basis. In addition to this stages of possible judgement/bias such as signing, raises, task, etc. needs to be totally objective. The valuation of staffs or possible personnel should follow objective procedure and assessment criteria.

This should allow plummeting, if not removing, the bias and judgement in the day to day process of the team and the association.

7 0
1 year ago
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