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AlladinOne [14]
3 years ago
8

Although ultimate responsibility for implementing and executing strategy falls upon the shoulders of senior executives,

Business
1 answer:
kobusy [5.1K]3 years ago
8 0

Answer: top-level managers still have to rely on the active support and cooperation of middle and lower-level managers in pushing needed changes in functional areas and operating units

Explanation:

The senior executives in organizations are responsible for the implementation and execution of directives to achieve organizational goals. For them to achieve this, top-level managers have to rely on the cooperation and active support of the middle and lower-level managers for organizational success.

The top level managers are in charge of planning and directing the group of individuals as they monitor their work and implement needed changes.

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XYZ Corporation 10-year bonds paid its annual coupon of $110 yesterday. There are seven (7) annual coupons remaining. The bond h
Brums [2.3K]

Answer:

Price of the bond is $1,215.57

Explanation:

Price of the bond is actually the present value of all cash flows of the bond.  Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $110 x [ ( 1 - ( 1 + 7% )^-7 ) / 7% ] + [ $1,000 / ( 1 + 7% )^7 ]

Price of the Bond = $592.82 + $622.75

Price of the Bond = $1,215.57

4 0
3 years ago
Which of the following is not considered to be a pedestrian? A. Horseback rider B. Skateboarder C. Construction Worker
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A horseback rider isn't a pedestrian
4 0
3 years ago
Read 2 more answers
Which items listed on the ledger represent credits? a. Credit bill and craft fair b. Gift and online auction c. Gift and insuran
Yuki888 [10]
The answer to your question is B 
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3 years ago
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On January 1, 2017, Alison, Inc., paid $79,100 for a 40 percent interest in Holister Corporation’s common stock. This investee h
puteri [66]

Answer:

1. Equity valuation in 2018/= $108,100

2. Net income based on fair value = $7,900

Answer:

A. Equity valuation

2017 net income:

Net income = 40% x $41,750 = $16,700

Less dividend = 40% x $14,000 = -$5,600

Net transferrable income = $11,100

2018 net income:

Net income = 40% x $64,000 = $25,600

Less dividend = 40% x $19,000 = -$7,600

Net transferrable income = $18,000

Investment Valuation:

Year 0 = $79,100

Year 1 = $79,000 + $11,100 = $90,100

Year 2 = $90,100 + $18,000 = $108,100

B.

Fair Valuation method

Closing valuation = $99,000

Less Opening valuation = $91,900

Income recognized in 2018 = $7,100

Explanation:

The equity method of investment valuation requires that the Net Income accruing to the Investee be added to his investment cost and the dividend thereof (if any) be deducted from the same. This gives an equity valuation of the invested sum

fair value on the other hand is based upon the understanding of the market by the parties to a deal; and it's a value the market is thus willing to give in exchange for the shares in hand.

5 0
3 years ago
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Elden [556K]

Answer:

Red X

Explanation:

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