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4 years ago

In today's decentralized business world, ________ the most important strategic decisions.

1 answer:

6 0

In today's decentralized business world, TOP MANAGERS are the most important strategic decision makers. Decentralization means distribution of decision making power through the hierarchy of an organization. Decentralization has increases in today's business world as it provides a dynamic environment to work.
Though, in decentralization power is also in hands of lower managers, middle managers, etc the top level managers still hold the rights to make decisions.

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Presented below is information available for Concord Corporation. Current Assets Cash $ 4500 Short-term investments 50500 Accoun

disa [49]

Answer:

2.42 times

Explanation:

The computation of the acid test ratio is shown below:

Acid test ratio = Quick Assets ÷ Current liabilities

where,

Quick Assets = Cash + short term investment + account receivable

= $4,500 + $50,500 + $66,000

= $121,000

And, the current liabilities is $50,000

So the acid test ratio is

= $121,000 ÷ 50,000

= 2.42 times

Basically we applied the above formula to find out the acid test ratio

3 0

3 years ago

Kline Construction is an all-equity firm that has projected perpetual EBIT of $320,000. The current cost of equity is 12.3 perce

miskamm [114]

Answer:

$1,879,215.61

Explanation:

Given that,

EBIT = $320,000

Current cost of equity = 12.3%

Tax rate = 40 percent

Value of perpetual bonds = $936,000

Annual coupon rate = 6.5 percent at par

Value of the unlevered firm:

= [EBIT × (1 - Tax rate)] ÷ Current cost of equity

= [$320,000 × (1 - 0.4)] ÷ 0.123

= $192,000 ÷ 0.123

= $1,560,975.61

Value of the levered firm:

= Value of the unlevered firm + (Tax rate × Value of perpetual bonds)

= $1,560,975.61 + (0.34 × $936,000)

= $1,560,975.61 + $318,240

= $1,879,215.61

4 0

4 years ago

Inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of

jasenka [17]

Answer:

B net income is overstated, assets are overstated, and stockholders' equity is overstated

Explanation:

The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as

Opening balance + purchases - cost of goods sold = closing balance

Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.

6 0

3 years ago

Identify the change in the parent function that will produce the related function shown as a dash line. f(x)= √ x

hichkok12 [17]

Answer:

$g(x) = 2 + \sqrt x$

<em>Translate the parent function, 2 units upward</em>

Step-by-step explanation:

Given

$f(x) = \sqrt x$

See attachment for the graph

Required

Determine the change in f(x) that gives the dashed line

Let the dash line be represented with g(x)

From the attachment, there is only one transformation from f(x) to the g(x).

When f(x) is translated 2 units vertically upwards , it gives g(x); the dash line.

$f(x) = \sqrt x$

Then g(x) is:

$g(x) = 2 + f(x)$

$g(x) = 2 + \sqrt x$

5 0

3 years ago

the firm's president gives a budget and tells her to pick computers that will best suit the company's needs. This is an example

Ivahew [28]

Answer:

The correct answer is "Expert opinion".

Explanation:

Perhaps the selection of acquiring computer systems based upon the whole demands including its firm entails professional judgment.
Throughout this above-given scenario, Calista is when the firm Information technology's Manager has adequate understanding about either the firm's systems and sometimes even needs.

4 0

3 years ago