The statement, “I have always wanted to work for your company,” demonstrates how an applicant can benefit the employer is false.
What is application as a worker?An application for employment is a typical business form that contains questions that employers think pertinent. It is employed to select the most qualified applicant for a certain position inside the business.
The claim that an applicant can get something from the employer by saying, "I have always wanted to work for your company," is untrue.
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complete question;
The statement, “I have always wanted to work for your company,” demonstrates how an applicant can benefit the employer. Please select the best answer from the choices provided
a. True
b. False
Why is working capital management important? Give concrete examples of how companies manage their cash, receivables, inventory and payables.
Effective working capital management ensures that a company has sufficient funds to cover its short-term obligations and operate smoothly.
Liquidity: Proper management of working capital ensures that a company has enough cash and liquid assets to meet its short-term obligations, such as paying suppliers, employees, and other operating expenses. Insufficient working capital can lead to cash flow problems and jeopardize the company's operations.
Business Expansion: Adequate working capital allows businesses to seize growth opportunities, invest in new projects, or expand into new markets. It provides the necessary funds for capital expenditures, marketing campaigns, research and development, and other strategic initiatives.
Companies employ various strategies to manage their cash, receivables, inventory, and payables. Some examples include:
Cash Management: Companies can employ techniques like cash flow forecasting, cash pooling, and cash concentration to optimize cash balances, ensure sufficient liquidity, and minimize idle cash.
Receivables Management: Companies can implement credit policies, conduct credit checks, and use collection strategies to efficiently manage accounts receivable. They may offer incentives for early payment or utilize factoring services to convert receivables into immediate cash.
Inventory Management: Techniques like just-in-time (JIT) inventory, economic order quantity (EOQ), and safety stock optimization help companies minimize inventory holding costs, reduce stockouts, and improve working capital efficiency.
Payables Management: Companies negotiate favorable payment terms with suppliers, optimize payment schedules, and leverage technologies like electronic invoicing and payment systems to manage payables effectively.
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Taylorism emphasises the formal structure, hierarchy of management, the technical requirements and the assumption of rational behaviour Question Attachment: Answer O True O False
Taylorism underlines the conventional construction, order of the executives, the specialized prerequisites and the supposition of judicial way of behaving is a genuine assertion.
judicial way , Arrangement of logical administration upheld by Fred W. Taylor. In Taylorism view, the assignment of processing plant the executives was to decide the most effective way for the laborer to finish the work, to give the appropriate apparatuses and preparing, and to give motivations to great execution.
He separated each occupation into its singular movements, examined these to figure out which were fundamental, and planned the specialists with a stopwatch.
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23 Spring Question 1 of 11 This quiz: 2 This questic Halifax Seafood makes 450 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant The plant is now able to produce 700 boxes per day. a) Before the change in work rules, the company's productivity per day = boxes/hour (Round your response to two decimal places) After the change, the new productivity level per day = boxes/hour (Round your response to two decimal places) b) Based on the changes made, the percent increase in productivity=% (Enter your response as a percentage rounded to two decimal pla c) If production is increased to 750 boxes per day (with the three 8-hour shifts), the new productivity = boxes/hour (Round your response to
a. Before the change in work rules, the company's productivity per day was 22.50 boxes/hour.
b. After the change in work rules, the new productivity level per day is 35.00 boxes/hour.
c. If production is increased to 750 boxes per day with three 8-hour shifts, the new productivity level per day would be approximately 31.25 boxes/hour.
a) Before the change in work rules, Halifax Seafood produced 450 wooden packing boxes per day working in two 10-hour shifts. To calculate the productivity per day, we need to determine the number of boxes produced per hour.
Number of boxes produced per day = 450 boxes
Number of hours worked per day = 2 shifts × 10 hours per shift = 20 hours
Productivity per day before the change = Number of boxes produced per day / Number of hours worked per day
Productivity per day before the change = 450 boxes / 20 hours = 22.50 boxes/hour
Therefore, before the change in work rules, the company's productivity per day was 22.50 boxes/hour.
b) After the change, the company is now able to produce 700 boxes per day. To calculate the new productivity level per day, we need to determine the number of boxes produced per hour.
Number of boxes produced per day = 700 boxes
Number of hours worked per day = 2 shifts × 10 hours per shift = 20 hours
Productivity per day after the change = Number of boxes produced per day / Number of hours worked per day
Productivity per day after the change = 700 boxes / 20 hours = 35.00 boxes/hour
Therefore, after the change in work rules, the new productivity level per day is 35.00 boxes/hour.
c) If production is increased to 750 boxes per day with three 8-hour shifts, we can calculate the new productivity level per day.
Number of boxes produced per day = 750 boxes
Number of hours worked per day = 3 shifts × 8 hours per shift = 24 hours
New productivity per day = Number of boxes produced per day / Number of hours worked per day
New productivity per day = 750 boxes / 24 hours ≈ 31.25 boxes/hour
Therefore, if production is increased to 750 boxes per day with three 8-hour shifts, the new productivity level per day would be approximately 31.25 boxes/hour.
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A machine that cost $400,000 has an estimated residual value of $40,000 and an estimated useful life of 20,000 machine hours. The company uses units-of-production depreciation and ran the machine 3,000 hours in year 1, 8,000 hours in year 2, and 6,000 hours in year 3.
Answer:
The depreciation expense for year 1 is $54,000, for year 2 is $144,000, and for year 3 is $108,000.
Explanation:
To calculate the depreciation expense using the units-of-production method, we need to determine the depreciation rate per machine hour.
Step 1: Calculate the depreciable cost.
Depreciable cost = Cost of the machine - Residual value
Depreciable cost = $400,000 - $40,000
Depreciable cost = $360,000
Step 2: Calculate the depreciation rate per machine hour.
Depreciation rate per machine hour = Depreciable cost / Estimated machine hours of useful life
Depreciation rate per machine hour = $360,000 / 20,000 machine hours
Depreciation rate per machine hour = $18
Step 3: Calculate the depreciation expense for each year.
Year 1: 3,000 machine hours
Depreciation expense = Depreciation rate per machine hour * Hours in year 1
Depreciation expense = $18 * 3,000
Depreciation expense = $54,000
Year 2: 8,000 machine hours
Depreciation expense = Depreciation rate per machine hour * Hours in year 2
Depreciation expense = $18 * 8,000
Depreciation expense = $144,000
Year 3: 6,000 machine hours
Depreciation expense = Depreciation rate per machine hour * Hours in year 3
Depreciation expense = $18 * 6,000
Depreciation expense = $108,000
Therefore, the depreciation expense for year 1 is $54,000, for year 2 is $144,000, and for year 3 is $108,000.
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