The answer is E all of the above, hope this helps :)!!
Answer:
The correct answer is D) Top management
Explanation:
Top management, as the name implies, consists of those who are at the highest point in the management hierarchy. The most common positions that are part of top managament are, Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Strategist Officer (CSO). They are usually part of the Board of Directors, which answers to the shareholders.
Their task is, as the question specifies, to define the general policy of the company, including goals and strategies to achieve those goals. In a way, companies are just like nations, they have top executives like the president or the president of the senate, who define the direction in which the company/country will go.
The target capital structure and the companies that prefer them are:
Equity Capital structure:
- Managers with a conservative management style.
- Companies not in a position to provide collateral.
- Companies want to show a high credit rating.
Debt Capital:
- Companies with high growth rate.
- Businesses in the growth stage.
- Fast-growing companies like software.
<h3>What drives companies to pick either debt or equity?</h3>
Companies that are conservative and want to have high credit ratings will not employ debt as much because it is risky. Companies that cannot give collateral for debt also prefer equity.
Companies that are growing on the other hand, prefer to go for debt because they have the capacity to pay it off.
Find out more on the decision between debt and equity at brainly.com/question/24322461.
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Answer:
There is a 0.2419% for a foreman to earn either $1,100 or $900
Explanation:
We calculate the probability of a normal distribution of 0;1
(X-mean)/deviation = Z
(1,100 - 1,000)/100 = 100/100 = 1
900 - 1,00/100 = -100/100 = -1
Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900
As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.
We look into the normal distribution table for the value of z = -1 or 1
0.002419707 = 0.2419%
