Describe how the business infrastructure should be designed so that employees will be able to continue to perform business functions in the event of a disaster (e.g., storm, hurricane, or earthquake) that destroys or makes it impossible to access the buildings.

Answers

Answer 1

Answer:

It should be switched to a fully digital firm which is also called as an e-business.

With the growth of technology ( Cloud Computing, Mobile Digital Platforms and Internet of things )

sometimes using Information Systems, and Information Technology can make the company get higher revenue. but other times not because it needs to achieve these in order to use Information Systems:

choose the right business model.choose the right software for the business.invest in the complementary assets ( organizational and managerial capital )

i don't know if that answers your question or not but i hope it does help you. have a good day and a lovely year.


Related Questions

Tamarisk, Inc. employs a 5-day workweek and a September 30 year-end. Normal weekly wages amount to $33840. If September 30 ends on a Wednesday, what is the appropriate journal entry at fiscal year-end?

Answers

Answer:

Daily wages would therefore be;

= 33,840/5

= $‭6,768‬ per day

Week ends on wednesday which is 3 days into the week.

= ‭6,768‬ * 3

= $‭20,304‬

Journal Entry

Date                   Details                                                     Debit              Credit

September 30   Salaries and Wages Expense              $20,304

                           Salaries and Wages Payable                                      $20,304

On June 1 of the current year, Tab converted a machine from personal use to rental property. At the time of the conversion, the machine was worth $80,000. Five years ago, Tab purchased the machine for $120,000. The machine is still encumbered by a $50,000 mortgage. What is the basis of the machine for cost recovery

Answers

Answer: $80,000

Explanation:

Based on the scenario and the information given in the question, to calculate the basis of the machine for cost recovery, we have to choose the the one which is lower of the cost of the machine or the FMV when it was being converted.

In this case, the basis of the machine for cost recovery is $80,000

Prepare the December 31 entry for Riverbed Corporation to record amortization of intangibles. The trademark has an estimated useful life of 4 years with a residual value of $3,320.

Answers

Answer:

Debit : Amortization expense

Credit : Accumulated Amortization

Explanation:

Hi the Cost of the trademark is missing on this question. However below i explain in steps how to solve this question.

Step 1

Amortization happens on a straight line basis as :

Amortization Expense = Cost - Residual Value ÷ Number of years of useful life

Step 2

Record the expense with a debit in amortization and a credit in accumulated amortization as :

Debit : Amortization expense

Credit : Accumulated Amortization

Cox, North, and Lee form a partnership. Cox contributes $183,000, North contributes $152,500, and Lee contributes $274,500. Their partnership agreement calls for the income or loss division to be based on the ratio of capital invested. If the partnership reports income of $172,000 for its first year, what amount of income is credited to Lee's capital account

Answers

Answer:

$77,400

Explanation:

Lee's ratio = $274,500 / ($183,000 + $152,500+ $274,500)

Lee's ratio = $274,500 / $610,000

Lee's ratio = 0.45

Lee's ratio = 45%

Lee's ratio  = Lee's profit ratio

If the partnership reports income of $172,000.

Lee's income will be = 45%*$172,000 = $77,400

Thus, the amount of income to be credited to Lee's capital account is $77,400

On January 1, Graves Corporation had 60,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 9,000 additional shares of common stock for $11 per share. June 15 Declared a cash dividend of $1.5 per share to stockholders of record on June 30. July 10 Paid the $1.5 cash dividend. Dec. 1 Issued 4,000 additional shares of common stock for $12 per share. Dec. 15 Declared a cash dividend on outstanding shares of $1.6 per share to stockholders of record on December 31. Prepare the entries, if any, on each of the three dates that involved dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 1, 225.)

Answers

Answer:

Date        Account Titles and Explanation     Debit          Credit

June 15   Cash Dividends                              $103,500

               [(60000+9000)*$1.5]

                        Dividends payable                                     $103,500

                (Being dividend declared for 69000 shares at $1.5 each)

July 10     Dividends payable                        $103,500

                         Cash                                                          $103,500

                (Being dividend paid)

Dec 15      Cash Dividends                             $116,800

                [(60000+9000+4000)*1.6]

                          Dividends payable                                   $116,800

                (Being dividend declared for 73000 shares at $1.6 each)

Item 5 Item 5 Jones Company reported pretax book income of $413,000. Included in the computation were favorable temporary differences of $51,300, unfavorable temporary differences of $20,650, and favorable permanent differences of $40,650. Book equivalent of taxable income is:

Answers

Answer:

$453,650

Explanation:

Calculation for the Book equivalent of taxable income

Using this formula

Book equivalent of taxable income =Pretax book income+Favorable permanent differences

Let plug in the formula

Book equivalent of taxable income=$413,000 + $40,650

Book equivalent of taxable income=$453,650

Therefore the Book equivalent of taxable income is:$453,650

Swifty Corporation 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 230$4.00$920 Purchase, 1/15/2022 110..4.00440 Purchase, 1/28/2022 110..4.20462 An end of the month (1/31/2022) inventory showed that 180 units were on hand. If the company uses LIFO, what is the value of the ending inventory

Answers

Answer:

The value of the ending inventory is $720.

Explanation:

Note: The data in the question are merged together. They are therefore sorted before answering the question as follows:

                                  Units        Per unit price        Total

Balance, 1/1/2022        230             $4.00               $920

Purchase, 1/15/2022     110                4.00                440

Purchase, 1/28/2022    110                4.20                462

The  explanation of the question is now given as follows:

Last In, First Out (LIFO) refers to an inventory method in which the last item of inventory to arrive the store are sold first before the inventory that arrived earlier.

Periodic LIFO implies that the latest costs inventory are removed from inventory at the end of each period.

The value of the ending inventory can be calculated as follows:

Total units available for sales = 230 + 110 + 110 = 450

Total units sold = 450 - 180 = 270

Since total units sold is 270 and the company uses periodic LIFO, this implies that all the 110 units purchased on 1/28/2022 are sold first followed by all the 110 units purchased on 1/15/2022. The addition gives 220 units. The remaining 50 units are sold from the balance on 1/1/2022.

The implication of the above is that 180 units ending inventory is part of the balance on 1/1/2022. Therefore, the 180 units ending inventory will be valued at $4.00 price per unit of the balance on 1/1/2022 as follows:

Value of the ending inventory = 180 * $4.00 = $720

Therefore, the value of the ending inventory is $720.

A company reports annual sales of $5 million, cost of goods sold of $2 million, inventory of $0.5 million, and net income of $0.75 million. What are the company's annual inventory turns?

a. 10
b. 4
c. 0.25
d. 0.1

Answers

Answer:

10

Explanation:

hth!

Concord has the following inventory information. July 1 Beginning Inventory 30 units at $15 $450 7 Purchases 90 units at $23 2070 22 Purchases 10 units at $20 200 $2720 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is

Answers

Answer:

COGS= $2,060

Explanation:

Giving the following information:

July 1: Beginning Inventory 30 units at $15 $450

July 7: Purchases 90 units at $23 2070

July 22: Purchases 10 units at $20 200

Ending inventory in units0 30 units

First, we need to calculate the number of units sold:

Units sold= total units - ending inventory in units

Units sold= 130 - 30

Units sold= 100

Now, to calculate the cost of goods sold under the FIFO (first-in, first-out), we need to use the cost of the firsts units incorporated into inventory:

COGS= 30*15 + 70*23

COGS= $2,060

According to the Coase theorem, private parties can solve the problem of externalities if a. the number of parties involved is sufficiently large. b. the cost of bargaining is small. c. property rights aren't clearly defined. d. the initial distribution of legal rights favors the person being adversely affected by the externality.

Answers

Answer:

b. the cost of bargaining is small.

Explanation:

The basic concepts behind the Coase Theorem is that conflicts can be solved regardless of the original rights and a solution that benefits all parties can be found as long as transaction costs (bargaining costs) are low or nonexistent, and the output of the negotiation process efficiently allocates resources. This theorem is useful when you are trying to find solutions to negative externalities.

The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account $ 8,455 Inventory of postage stamps $ 94 Money market fund balance $ 14,400 Petty cash balance $ 550 NSF checks from customers returned by bank $ 1,067 Postdated checks received from customers $ 891 Money orders $ 2,257 A nine-month certificate of deposit maturing on December 31 of current year $ 10,000 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:

Answers

Answer: $‭25,662‬

Explanation:

Cash and Cash Equivalent accounts in the above are;

Cash in bank accountMoney Market fundPetty cash balanceMoney orders

Cash and Cash equivalents on June 30 are;

= 8,455 + 14,400 + 550 + 2,257

= $‭25,662‬

A Japanese investor can earn a 1 percent annual interest rate in Japan or about 4.1 percent per year in the United States. If the spot exchange rate is 101 yen to the dollar, at what one-year forward rate would an investor be indifferent between the U.S. and Japanese investments? a. 95.99 b. 96.99 c. 97.99 d 98.99 e. 99.99 f. 100.99 g. 101.99 h. 102.99 yens per dollar

Answers

Answer: 97.99

Explanation:

The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:

= Spot rate × (1 + Japanese rate / 1 + U.S rate)

= 101 × (1 + 1% / 1 + 4.1%)

= 101 × [(1 + 0.01) / (1 + 0.041)]

= 101 × (1.01/1.041)

= 101 × 0.9702209

= 97.99

A conceptual framework is an analytical tool with several variations and contexts. It can be applied in different categories of work where an overall picture is needed. It is used to make conceptual distinctions and organize ideas.

Answers

Incomplete question. I inferred you want to know if it is true or false.

Answer:

True

Explanation:

This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the conceptual framework paints a clearer/overall explanation of an idea.

For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.

Lori Nichols opened an engineering office and titled the business Engineering Enterprises P.C. During its first month of operations, it completed the following transactions: Lori invested $30,000 in the business, which in turn issued common stock to her. The business purchased equipment on account for $6,000. The business provided engineering services on account, $10,000. The business paid salaries to the receptionist, $1,000. The business received cash from a customer as payment on account $6,000. The business borrowed $8,000 from the bank, issuing a note payable. At the end of the month, Cash would equal: A) $30,000.B) $37,000.C) $43,000.D) $61,000.

Answers

Answer:

Engineering Enterprises P.C.

At the end of the month, Cash would equal:

C) $43,000.

Explanation:

a) Data and Calculations:

Cash Account:

Lori investment in Engineering Enterprises P.C. = $30,000

Payment of salaries to the receptionist =                    (1,000)

Cash received from a customer on account =            6,000

Cash borrowed from the bank =                                  8,000

At the end of the month, Cash would equal          $43,000

b) The cash balance at the end of the month is made up of the investment by Lori for common stock in Engineering Enterprises P.C. and the cash received respectively from a customer and the bank, minus the cash payment made to the receptionist as salaries.

A business finds that sales increase when the outdoor temperature decreases. Identify the relation between sales and temperature. Select the correct answer below: Sales and temperature are positively correlated. An increase in sales causes an increase in temperature. Sales and temperature are negatively correlated. An increase in temperature causes an increas

Answers

an increase in temp causes qnd increase in sales

An increase in temperature causes an increase in sale is the relation between sales and temperature. Hence,  option D is correct.

What is the increase in sales?

The sales growth rate measures how successfully your company can generate revenue from sales over a specific period of time. This rate is used by investors to assess if your company is growing or starting to plateau. It is used by your firm to evaluate internal successes and difficulties.

Effective sales enable you to acquire quality leads and clients who are also useful to you. If the business was experiencing excellent sales, the employees would also be happy.

In reality, it will enhance worker performance and enable them to do their responsibilities in a more systematic and expert manner.

Thus, option D is correct.

For more information about increase in sales, click here

https://brainly.com/question/28901645

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Based on his investment advisor's guidance, Christopher sold two stocks during 2020. The capital gain on the sale of Magnificent Inc. was $35,000 and the capital loss on the sale of Rotten Tomatoes Inc. was $7,000. Christopher needs the money for a downpayment on a condo. If Christopher is in the highest marginal tax bracket of 53.31%, what is the net amount that he will receive after taxes are paid on the sale of these shares to use towards the purchase of a condo

Answers

Answer:

The question is incomplete since we are not told if the capital gain is a short or long term gain. So I will answer the question in both possible scenarios.

Short term capital gains:

They are taxed as ordinary income, so the net gain = $35,000 - $7,000 = $28,000

Net gain after taxes = $28,000 x (1 - 53.31%) = $13,073.20

Long term capital gains:

They are taxed at a much lower rate that ranges from 0 to 20%. In this case, Christopher is probably taxed at 20%.

Net gain after taxes = $28,000 x (1 - 20%) = $22,400

Explanation:

Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $900 and her savings account is worth $1,400. She owns her own home that has a market value of $98,000. She has furniture and appliances worth $12,000 and a laptop worth $3,600. She has a car worth $13,000. She has recently purchased a mutual fund worth $6,000 and she has a retirement account worth $43,000. What is the total value of her assets

Answers

Answer: $‭177,900‬

Explanation:

Her Assets are;

Checking account, Savings account, Home, Furniture and appliances, Laptop, Car, Mutual fund and Retirement account

Total value therefore is;

= 900 + 1,400 + 98,000 + 12,000 + 3,600 + 13,000 + 6,000 + 43,000

= $‭177,900‬

Suppose that you invest $100 today in a risk-free investment and let the 6 percent annual interest rate compound. What will be the value of your investment 6 years from now?

Answers

Solution :

It is given that :

Amount of investment or the principle amount , P = $ 100

Time of investment , t = 6 years

Rate of interest compounded annually r = 6 %

Therefore the future amount of this investment in a 6 year time is given by,

[tex]$FV=P(1+\frac{r}{100})^t[/tex]

[tex]$FV=100(1+\frac{6}{100})^6[/tex]

[tex]$FV=100(1+0.06)^6[/tex]

[tex]$FV= 100 (1.4185)$[/tex]

[tex]$FV=141$[/tex]

Therefore, after 6 years the investment of $ 100 will give an amount of $ 141.

An overstatement of inventory account on the financial statements means that the __________ account on the financial statements is understated. g

Answers

Answer: Cost of Gods Sold

Explanation:

The Cost of Goods sold in the income statement is calculated thus;

= Opening inventory + Purchases - Closing stock

Looking at the formula above, one can see that closing stock reduces the Cost of Goods sold. If inventory is therefore overstated, it would reduce Cost of Goods sold more than it should which would result in the Cost of Goods sold being understated.

Sheffield Corp. is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Sheffield made payments to the construction company of $2880000 on 7/1, $6504000 on 9/1, and $5860000 on 12/31. Weighted-average accumulated expenditures were

Answers

Answer: $‭3,608,000‬

Explanation:

Payments before the end of 2020 were;

$2,880,000 on 7/1. 6 months left till 12/31.$6,504,000 on 9/1. 4 months left till 12/31

Weighted-average accumulated expenditures;

= (2,880,000 * 6/12 months) + (6,504,000 * 4/12 months)

= $‭3,608,000‬

If you contributed the full 6% of your $50,000 salary (the amount your company will match), what would be your monthly contribution to the 401(k)? What would be your employer’s contribution?

Answers

Answer:

Monthly contribution $6,000

Employers contribution $3,000

Explanation:

The employee contributions would be 6% of $50,000

=6/100 x $50,000

=0.06 x $50,000

=$3,000

If the employer matches the employee contribution, the employer will also contribute $3,000

The total employee monthly contribution would be $3000 + $3000= $6000

Employer contribution will $3000

The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. June 12, 2021 Provide services to customers on account for $33,200. September 17, 2021 Receive $18,500 from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $48,200. Record transactions for each date

Answers

Answer:

The Underwood Corporation

Journal Entries for 2021 and 2022:

June 12, 2021:

Debit Accounts Receivable $33,200

Credit Service Revenue $33,200

To record the provision of services to customers on account.

September 17, 2021:

Debit Cash Account $18,500

Credit Accounts Receivable $18,500

To record the receipt of cash on account.

December 31, 2021:

Debit Uncollectible Expense $6,615

Credit Allowance for Doubtful Debts $6,615

To record 45% of accounts receivable estimated as uncollectible.

March 4, 2022:

Debit Accounts Receivable $48,200

Credit Service Revenue $48,200

To record the provision of services to customers on account.

Explanation:

a) Data and Calculations:

Accounts Receivable balance = $14,700 ($33,200 - $18,500)

45% of balance estimated as uncollectible = $6,615 (14,700 * 45%)

b) The Underwood Corporation uses the general journal to record transactions that occur on a daily basis.  The journal identifies the accounts for each transaction and the ones to be debited and credited respectively.

Answer:

$48,200

Explanation:

Chris paid $100,000 for a single-family home on July 1, 2019, and immediately placed it in service as residential rental property. At the time, the land was valued at $10,000. The property generated $6,000 in rental income for the year. His only expenses consisted of depreciation and $500 in real estate taxes. Chris is not a real estate professional, but he does actively participate in his rental real estate activity. He has no other passive income or losses. What amount does Chris report for his total rental real estate and royalty income

Answers

Answer:

Total Rental real estate and royalty income $4,000

Explanation:

The computation of the total rental real estate and the royalty income is as follows;

For rental income and royalty

Cost of single family home $100,000

Less: Valuation of the land -$10,000

Value allocated to property 90,000

Multiplied by  Depreciation rate  1.667%

Depreciation Expense for 2019 $1,500

Rental Income 6,000

Less: Depreciation expense for 2019  -$1,500

Less: Real Estates taxes  -$500

Total Rental real estate and royalty income $4,000

On January 1, 2010, Broker Corp. issued $3,000,000 par value 12%, 10 year bonds which pay interest each December 31. If the market rate of interest was 14%, what was the issue price of the bonds

Answers

Answer:

$2,686,898

Explanation:

The computation of the issued price of the bond is as follows;

= Maturity value present value + interest payment maturity value

= $3,000,000 × 02697 + (($300,000 × 0.12) × 5.2161)

= $2,686,898

The 0.297 represent the PVF at 14% for 10 period

5.6502 represent the Present value of an annyity for 10 period at 12%

5 poin
What do we call an interest-bearing account at a bank that pays a higher
interest rate than a regular savings account? *
Checking Account
Stocks
Money market
None of the above

PLEASEEE

Answers

Answer:

Money market account

Explanation:

Money market deposit account  MMDA are high earning saving accounts offered by banks and credit unions.  Financial institutions require a minimum amount to open an MMDA account. Customers are also required to maintain a specified balance in their accounts at all times. Withdrawals from money market deposit accounts are restricted.

Money market account pays a higher interest because financial institutions use the deposit from these accounts to invest in short-term money market securities. Examples of Money market securities include commercial papers, certificates of deposits, and treasury bills. They often offer high returns. The interest rates offered on MMDA is influenced by the interest earned on the money market securities.

You are on an Integrated Product Team (IPT) working on putting together a Request for Proposal (RFP) for a small, highly precedented software system. The system is comprised entirely of Commercial-Off-the-Shelf (COTS) products that run entirely on commercial hardware. For this type of system, an appropriate choice of contract type might be a:

Answers

Answer: Firm-Fixed-Price contract

Explanation:

A Firm-Fixed-Price contract offers a price that is not subjected to any adjustments on the basis of the contractor's cost experience in performing the contract. The contractor is placed and faced with full responsibility and a high risk for all costs and resulting profit or loss. It requires the contractor to provide a specified level-of-effort over a stated period of work that can be stated only in general terms, and the Government pays the contractor a fixed-dollar amount.

Store A purchases cases of fertilizer for its lawn-care business from a supplier who charges Store A $30 per order and $50 per case. Each case consists of five bags of fertilizer. Store A needs 2000 bags of fertilizer a year. Store A's annual holding costs are 30%. If Store A's order quantity is 40 cases and its lowest inventory level is 0 cases, what is its average inventory level (in cases)

Answers

Answer:

20

Explanation:

Calculation for average inventory level

Using this formula

Average inventory level=Store A's order quantity/2

Let plug in the formula

Average inventory level = 40 cases /2.

Average inventory level= 20

Therefore the Average inventory level will be 20

Bob is angry at his company XYZ Corp. since his annual bonus was too small. Bob who has authority to sign checks on behalf of XYZ decides to get even by creating an employee, Steven Even. Bob writes a check to Steven on XYZ's checking account, signs it and then he indorses it with Steven's name and deposits it an account he has opened in Steven Even's name and the check clears. XYZ finds out and wants to hold the bank liable for paying the check since there was a forged indorsement. Which of the following is true? a) The bank needs to pay because when there is a forged indorsement, the first person to take the instrument with the forged indorsement is liable. b) The bank needs to pay because of the imposter rule. c) The bank only needs to pay if the check was for more than $500. d) The bank does not need to pay because of the fictitious payee rule.

Answers

Answer:

d) The bank does not need to pay because of the fictitious payee rule.

Explanation:

Here, the instrument is issued to a payee who has no interest in instrument and thus it is referred as fictitious payee. According to UCC's fictitious payee rule, the indorsement to fictitious payee is not considered forgery. In this case, the maker or drawer of instrument is liable for it. The drawer bank and collecting bank both are not liable for it.

According to our Chapter 8 reading, the first step in time management should be

Answers

Are there any answer choices?

Marti received 11 NQOs (each option gives Marti the right to purchase 14 shares of stock for $10 per share) at the time Marti started working when the stock price was $7 per share. When the share price was $16 per share, Marti exercised all of her options. Eighteen months later she sold all of the shares for $21 per share. What is the amount of Marti's bargain element

Answers

Answer:

$924

Explanation:

Bargain element per share = Market price at exercise - Exercise price

Bargain element per share = $16 per share - $10 per share

Bargain element per share = $6 per share

Amount of bargain element = Bargain element per share * (Number of options * Number of shares per option)

Amount of bargain element = $6 per share * (11 options * 14 shares per option)

Amount of bargain element = $6 per share * 154 shares

Amount of bargain element = $924

So therefore, the amount of Marti's bargain element is $924

Other Questions
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