Answer: Overview Coca Cola An American based corporation and manufacturer, producer and marketer of aerated drinks, carbonated drinks and syrups. The company is known by its core product Coca- Cola which came into existence in 1886 by pharmacist John Stith Pemberton, Atlanta. Currently the revenue of the Coca cola Company is US$ 35.410 Billion with the operating income of US$ 7.501 billion. With the team of the 61800 employees the compan...Read More >>
Answer: 1. Perfectly elastic demand can be defined as the degree of responsiveness in the quantity demanded with respect to the price. Other aspects of the business remains constant only the pricing will vary. The demand elasticity can be measured by the percentage alterations in the demanded quantity of a commodity bifurcated by the percentage alterations in the pricing of the commodity. The perfectly elastic demand has the degree greater...Read More >>
Answer: Introduction Activity based budgeting (ABB) is the management process that is based on the activity level rather than using the past year data to develop the current budgets. It can be said that under activity based budgeting one can easily locate the resource consumption of each item clearly and that has made it very popular among various industry sectors such as mining, retail etc. The report has examined the importance of ABB in mi...Read More >>
Answer: Introduction Accounting refers to the system of maintenance of the financial accounts of the company. The company can maintain the accounts by implementing the manual accounting system or, computerized accounting system or manual accounting system along with the computerized accounting system (Beattie, 2014). The present study focuses on the impact on the removal of the manual accounting functions entirely within the organization. Ma...Read More >>
Answers: Introduction: The assignment describes a case study situation where an employee of the accounting department of a medium sized company is trying to prevent a possible accounting fraud or financial reporting fraud that is apprehended to be done by the chief executive officer and non-executive directors of the company for inflating the profit figures of the company with an intention of misleading the shareholders of the company. The as...Read More >>
Answer: Introduction About role of big data in the organization with the analytics that was used in the past. The major differences between the both are elaborated in the presentation with their impact on decision making and measuring the performance of the business. Big data and traditional analytics Big data is refers to as a set of data that are complex in nature. The traditional data analy...Read More >>
Answer: Under Part 1 of stated scenario 1, one can see that it deals with deals with the determination of the profits of an entrepreneur, Ms. LOUSIE FAIRBERN from her business which consist of two distribution channels. The name of the distribution channels are a consulting business wherein there exists two clientele Mr. Adams and Mr. Betz while the other consulting business includes commercial window treatment business wherein there exists th...Read More >>
Answers: Answer to Question A The calculation of the activity rate is depicted with dividing the overhead costs with the respective cost drivers. The overhead costs are computed with sum of the cost incurred for the individual activities (Zeng et al., 2014). The computation of the activity rate for the respective activities before the new tool was introduced are seen with the activity rate of $ 27963 for product design, $ 18.6 for warehousin...Read More >>
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