Businesses use copyright, patents, and trademarks, to keep other companies from taking their idea or product. Copying a trademarked or patent product is illegal. (piracy)
Answer:
Free Cash Flow = $4,213
Explanation:
As per the data given in the question,
Firm's free cash flow :
Tax rate = 25%
Net working capital =$6,850
Capital expenses = $15,250
Sales = $172,500
Operating costs other than depreciation = $140,500
Depreciation = $9,250
Operating income = $22,750
Now,
Operating income after tax ($22,750×75%) $17,063
Add: Depreciation $9,250
Less: Capital expenditure $15,250
Less: Working capital $6,850
Free Cash Flow $4,213
Answer:
$86,000 and $99,380
Explanation:
The flexible budget formular is fixed at $50,000 plus variable costs
The direct labor hour is $4 per hour
The total budgeted cost at 9,000 hours can be calculated as follows
= $50,000 + ($4×9,000 hours)
= $50,000 + $36,000
= $86,000
The total budgeted cost at 12,345 hours can be calculated as follows
= $50,000 + ( $4×12,345 hours)
= $50,000 + $49,380
= $99,380
Hence the total budgeted cost at 9,000 hours and 12,345 hours is $86,000 and $99,380 respectively
Answer:
b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge.
Explanation:
A true leader does not believe in dictatorship, rather believes in team work. When a leader uses his information received from various sources he creates an understanding with the current and expected performance standards of the company.
This provides for the use of resources like reports in the form of budgets, available understanding of finances of company etc:
A true manager or leader shall use his understanding on the company requirements and possible opportunities.
Thus, option B provides for the same.