What are some of the reasons why companies automate their operations? Nine reasons are given in the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
The reasons given in the text are 1 To increase labor productivity 2 To reduce la...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Automation Production Systems and Computer Integrated Manufacturing
ISBN: 978-0132393218
3rd edition
Authors: Mikell P.Groover
Question Posted:
Students also viewed these Computer Sciences questions
-
What are some of the reasons a safeguard or control may not have been successful in stopping or limiting an incident?
-
1. Think about the business benefits of the mobile CRM deployments discussed in the case. How did Dow Corning and DirecTV benefit from these applications? What can they do that was not possible...
-
What are some of the reasons for program maintenance? Explain the types of maintenance.
-
Find the amplitude, period, and phase shift of function. Graph function. Show at least two periods. 2 3 - cos ( 6)
-
The owner of a fast-food franchise has exclusive rights to operate in a medium-sized metropolitan area. The owner currently has a single outlet open, which has proved to be very popular, and there...
-
As shown in Fig. E33.11, a layer of water covers a slab of material Xin a beaker. A ray of light traveling upward follows the path indicated. Using the information on the figure, find (a) The index...
-
BSW Inc. had a weekly payroll of \(\$ 5,000\) for three employees with mandatory withholdings of social security tax \((7.65 \%)\), federal withholdings of \(\$ 1,000\), and state withholdings of...
-
Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials and conversion costs are incurred evenly throughout the process. For the...
-
I am calculating the inventory turnover days . The inventory for 2012 is 615.0 and for 2013 is 676.9 and the cost of goods is 2457.6 2457.6/[(615.0+676.9)/2] = 2457.6/(1291.9/2)=2457.6/645.95 =...
-
A farmer notices an algae bloom in the pond next to a large crop field. This farmer knows that algae blooms are generally caused by increased nitrogen in the water. What should this farmer check to...
-
What is computer integrated manufacturing?
-
Identify three situations in which manual labor is preferred over automation.
-
In the month preceding the creation of this exercise, the author made 18 phone calls in 30 days. No calls were made on 19 days, 1 call was made on 8 days, and 2 calls were made on 5 days. a. Find the...
-
In performing the sampling plan, how should the auditor classify unlocated documents?
-
What is the objective of System Deployment?
-
What is automatic control?
-
What is a transducer? Explain the principle of operation of a transducer.
-
Name the factors the auditor should consider in deciding on the size of a sample for a test of controls.
-
Use mathematical induction to prove the statement. Assume that n is a positive integer. 5 + 10 + 15 + + 5n 5n(n + 1) 2
-
On August 31, 2012, the balances of the accounts appearing in the ledger of Wood Interiors Company, a furniture wholesaler, are as follows:Prepare the August 31, 2012, closing entries for Wood...
-
Examine the Al literature to discover whether the following tasks can currently be solved by computers: a. Playing a decent game of table tennis (ping-pong). b. Driving in the center of Cairo. c....
-
Sonic authors have claimed that perception and motor skills are the most important part of intelligence, and that higher level capacities are necessarily parasiticsimple add-ons to these underlying...
-
Why would evolution tend to result in systems that act rationally? What goals are such systems designed to achieve?
-
appendix aappendix cappendix d You wish to retire in 13 years and currently have \( \$ 50,000 \) in a savings account yielding 4 percent annually and \( \$ 90,000 \) in quality "blue chlp" stocks...
-
lan pays a semiannual of $400 for automobile insurance a monthlypremium of $170 for health insurance and an annual premnium of $500for life insurance 2 answers
-
What is the ideal period of time when calculating thehistorical volatility (e.g. calculate standard deviation log returnfor 7 days) and why?.We have the data for stock price from 30/06/2021 to 31/0 2...
Study smarter with the SolutionInn App