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2 years ago

What is the main challenge that red frog events faces as the organization grows?

1 answer:

8 0

Maintaining a calculated and logical focus on organizational processes and exhibiting genuine concern for workers as people is the main challenge that red frog events face as the organization grows.

Reynolds, who also works under the title of Architect of Adventure, founded the company to bring his favorite TV show, The Amazing Race, to more people around the world. The company's first event consists of a scavenger hunt and an extreme obstacle course.

In 2015, Red Frog Events launched the Big Barrel Country Music Festival, acquired DJ's National Food Services, and renamed it Red Frog Food and Beverage. On July 21, 2015, Red Frog laid off 29 of its approximately 105 employees. In August 2019, Red Frog Events ceased operations.

Learn more about red frog events at

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Which of the following statements is true? A. Expenses are decreased by debits. B. Liabilities are decreased by credits. C. Reve

diamong [38]

Answer: Option C

Explanation:

A. As per the general principles of accounting expenses are recorded on the debit side thus they are increases when debit transaction is made.

B. Transactions involving liabilities are recorded on credit side of the accounts.

C. Revenues are recorded on credit side of the transactions thus revenues increased when accounts are credited.

D. Transactions involving purchase of assets are recorded on debit side thus debit transactions increases debits.

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3 years ago

The board at Nuance Opticals offers help in providing direction and advice to the company, but it possesses no legal responsibi

Tresset [83]

Answer:

An advisory board

Explanation:

An advisory board is an entity which provides non-binding strategic advice to a company, organization, or foundation management. The informal existence of an advisory board allows the board of directors greater flexibility in structure and management compared to that.

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3 years ago

Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting s

ivanzaharov [21]

Answer:

Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary

Explanation:

Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today

Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7

The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.

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3 years ago

Read 2 more answers

MM Proposition II with taxes: Group of answer choices explains how a firm's WACC increases with the use of financial leverage. r

schepotkina [342]

Answer:

explains how a firm's WACC increases with the use of financial leverage.

Explanation:

According to the MM Proposition II with taxes, the cost of equity rises with the increases use of debt in the capital structure of a firm.

$r_{e}$ = $r_{o} +( r_{o} - r_{d} )$ × $\frac{D}{E}$

As cost of equity increases, the firm's WACC increases also

The MM Proposition I with taxes reveals how utilizing the tax shield on debt causes an increase in the value of a firm

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3 years ago

Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Be

expeople1 [14]

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

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3 years ago