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Anarel [89]
4 years ago
9

Rogue Vogue Corp. is an apparel company. To keep up with the latest changes in the fashion industry, the company has to come up

with innovative designs and follow strict timelines. The culture of the company values aggressiveness, innovation, and risk taking. The members of the organization accept these cultural values. They know exactly what is expected of them, and these expectations go a long way in shaping their behavior. In addition to this, the culture of the marketing department is outcome oriented and the finance department emphasizes attention to detail. The organizational culture of Rogue Vogue Corp. is an example of a(n) ________. lowly formalized culture reflective culture subculture autocratic culture dominant culture
Business
1 answer:
Likurg_2 [28]4 years ago
6 0

Answer:

Dominant culture

Explanation:

Dominant organizational culture is a type of overall shared values accepted and shared among members of an organization , comprising different subculture groups that all work together in guiding the the operational activities of an organization and as a result influence and shape their behavior .This is necessary for every organization as it strengthens its value and belief

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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly.
NISA [10]

Answer:

Total PV= $2,736.39

Explanation:

Giving the following information:

Year Cash Flow

1 $ 870

2 950

3 0

4 1,540

<u>First, we need to calculate the real annual discount rate:</u>

Quarterly Discount rate= 0.08/4= 0.02

Real annual interest rate= [(1+i)^n] - 1

Real annual interest rate= [(1.02^4) - 1]

Real annual interest rate= 0.08243

<em><u>Now, we can calculate the present value of the cash flows:</u></em>

PV= Cf/(1+i)^n

Year 1= 870/1.08243= 803.75

Year 2= 950/1.08243^2= 810.82

Year 4= 1,540/1.08243^4= 1,121.82

Total PV= $2,736.39

7 0
3 years ago
Yasmine plans to attend a four-year public university. She expects she will need to contribute $9,000 annually to her education.
mojhsa [17]
It is D. There are 12 months in a year and she needs to save atleast 9,000. 
600x12=7,200
350x24=8,400
225x36=8,100
200x48=9,600
7 0
3 years ago
Read 2 more answers
On January​ 2, 2019, Kornis Corporation acquired equipment for $1,000,000. The estimated life of the equipment is 5 years or 100
Scrat [10]

Answer:

$392,000

Explanation:

Double-declining-balance method is (2/useful life) x cost -accumulated depreciation)

cost = purchase price - residual value

2/5 x( 1000000-20000)

= $392,000

5 0
4 years ago
Pick the correct statement related to pro forma statements from below. Multiple Choice Fixed assets must increase if sales are p
Alisiya [41]

Answer:

The correct statement related to the pro forma statements is:

The addition to retained earnings is equal to net income less cash dividends.

Explanation:

When the beginning retained earnings are increased by the addition to retained earnings, it means that the cash dividends have been subtracted from the net income.  This addition is the leftover net income after offsetting the dividends.  It increases the retained earnings by the end of the financial period.

3 0
3 years ago
Pepper Enterprises owns 95 percent of Salt Corporation. On January 1, 20X1, Salt issued $220,000 of five-year bonds at 115. Annu
Viktor [21]

Solution :

a).

Par value of the bonds outstanding                   220,000

Annual interest rate                                              x 10%

Interest payment                                                 220,000

Amortization of the bonds premium                     6600     $\left( \frac{220,000 \times 15\%}{5}\right)$

Interest charged for full year                              15400

Less:interest on the bond purchased                  2567

by Online Enterprise (15400 x 1/2) x

(4 months / 12 months)

Interest expense included in the consolidated   12833

income statement

b).

Sale price of bonds, 1 Jan 20x1                           138,000

(120,000 x 115%)

Amortization of premium                                       9600    $\left(\frac{\$120,000 \times 15\%}{5 \ yrs} \times 2\frac{2}{3}\right)$

Book value at time of purchase                         128,400

Purchase price                                                    120,000

Gain on bond retirement                                     8400

c).

Events   Accounts                               Debit            Credit

1           Bonds payable                       120,000

           Bonds premium                       6600

           interest income                        4367

          investment in Salt bonds                             120,000

          Interest expense                                           2567

          Gain on bond retirement                              8400

2      interest payable                            8100

      (4950+11900+8750)

      Interest receivable                                          8100

6 0
3 years ago
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