Answer:
A) Individuals have their personal belief systems.
Explanation:
Sonya and Amber work together in the Hong Kong corporate office.
They had similar backgrounds and education but couldn't agree on whether it is appropriate to offer bribes to Chinese officials for the purpose of expediting business transactions.
This ethical generalization illustrates that individuals have their personal belief systems.
Answer:
see below
Explanation:
Equity financing involves selling shares to investors. The entrepreneurs surrender part ownership to third parties. It means profits have to be shared, and there have to consultations in every major decision.
Debt financing involves borrowing from lenders. It has a big advantage in that the entrepreneur maintains full control of the business. They do not have to share profits with other people or risk being kicked out of the business. However, debts have to be paid. The monthly repayment for several years can have hamper progress. It reduces profits, making a business seem less valuable.
A business should balance between equity and debt financing. As much as possible, equity financing should have a bigger proposition of capital to be profitable and increase in worth.
Answer:
7.4%
Explanation:
As we know that
ROE = Profit margin × Total asset turnover × Equity multiplier
where,
Profit margin = (Net income ÷ Sales) × 100
= ($10,000 ÷ $200,000) × 100
= 5%
So, the ROE would be
= 5% × 1.60 × 1.85
= 14.8%
Now if the net income is increased by $5,000
So, the updated profit margin would be
= (Net income ÷ Sales) × 100
= ($15,000 ÷ $200,000) × 100
= 7.5%
And updated ROE would be
= 7.5% × 1.60 × 1.85
= 22.2%
So, the change in ROE would be
= 22.2% - 14.8%
= 7.4%
The high and low levels of activity are 90,000 miles in April and 50,000 miles in February. The costs at these two levels are $195,000 and $120,000, re-spectively. The difference in costs is $75,000 ($195000-120000), and the difference in miles is 40,000 (90000-50000). Therefore, variable cost per unit is $1.875computed as follows.
75000÷40000=1.875
Determine the fixed costs by subtracting the total variable costs at either the high or the low activity level from the total cost at that activity level
Variable cost=1.875×50,000=93,750
fixed cost=120,000−93,750=26,250
Answer: The correct answer is "near moneys".
Explanation: <u>near money is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checkable bank deposits.</u>
It is a term that in finance is used to refer to an asset that despite not being usable money as a medium of exchange, has a high degree of liquidity, that is, it has the facility to quickly become cash.
