A) he fails to identify the correct problem
B) he fails to assign number values to different criteria
C) he solves the problem inefficiently
D) he fails to correctly identify the steps of the process
<u>Answer</u>:
A. He fails to identify the correct problem.
<u>Explanation</u>:
for option b, Assigning number values to decision criteria could be of help in the decision-making process, but it is not what is required for a successful outcome.
for option c, Solving the problem inefficiently is not ideal, but even at that, it is not without value.
for option d, Identifying the steps of the process has nothing much to do with how successful the process will be.
<em><u>This leaves us with option A as the correct answer. it is of no good to solve a problem especially if the problem being solves is the wrong one. Solving a wrong problem is of no good to the organization.</u></em>
Answer:
6.6
Explanation:
The formula and the computation of the times interest earned is shown below:
Times earned interest = (Earnings before income tax and interest expense) ÷ (Interest expense)
where,
Earnings before income tax and interest expense is
= $387,520 + $69,200
= $456720
And, the interest expense is $69,200
So, the times interest earned ratio is
= $456,720 ÷ $69,200
= 6.6
Answer:
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Answer:
Explanation:
Question 27
If Wheat Company had used the FIFO inventory method, income before income taxes would have been $75,000 higher in the current year. As inventory is an asset to the company. Therefore the $75,000 in inventory would have increased the company's asset and increasing the income before taxes.
Question 28
Other things held constant, which of the following will NOT affect the current ratio, assuming an initial Not yet current ratio greater than 1.0?
C. Accounts receivable are collected in cash.
Current ratio measures a company's ability to pay short-term obligations as at when due. It indicates that a company can manage its debts and other payable when their current assets is well managed.
It is calculated as Current Asset/ Current Liability. A ratio of 1 and above is the best meaning that a company an manage its debts obligations well.
The correct answer is D. All of these.