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Feliz [49]
3 years ago
12

Doctor Smith is contemplating the purchase of Dr. Johnson’s practice. Frank, his office manager, is about to prepare a worksheet

combining the results of both practices so Dr. Smith can review it. Frank has a twelve-month financial statement for Dr. Smith’s office and a nine-month financial statement from Dr. Johnson’s office. Which of the following approaches is correct?
(A) The nine-month statement should first be annualized
(B) Consistency over time periods is not necessary, so Frank can proceed
(C) Neither of the above
Business
1 answer:
Margaret [11]3 years ago
6 0

Answer:

(A) The nine-month statement should first be annualized.

Explanation:

In accounting when preparing financial statements there is a standard period of financial statements that should be adhered to. The financial statements should be of the same duration. So comparing a nine month financial statement to a twelve month financial statement is against standard accounting practices.

Moreover it will not give a clear picture when comparism is done this way. For example if two companies both have income of about $1,000,000 and financial statements of nine and twelve months are compared. The company with nine months financial statement will show lower income than the one with twelve month statement, and this is not the reality.

So the nine month statement should be annualised to ease comparability.

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Compare and contrast anticipatory and response-based business models. Why has responsiveness become popular in supply chain coll
Anon25 [30]

Answer:

Forecast and planning

Explanation:

An anticipatory model is a model under which market forecast determines the production of products by the manufacturer, and purchases by retailers also determined by forecasts and promotional plans. Since the forecasts are wrong most of the times, anticipatory model usually leads to differences in the actual production of the firms and what they initially planned to produce.  

Anticipatory Model is a risky model because anticipation of future events always determines the work to do by the firm.

On the contrary, the Responsive Business Model does not depend on forecasts, but ensure that what to be done are adequately planned and information among firms in the supply chain are properly exchanged. This makes the model not to be risky and ensure doing more than what has already been planned is avoided. Therefore, the aim of the responsive model which also known as Pull Model is to eliminate reliance on forecast.  

The major reason the Responsive Model has become popular in supply chain collaborations is that it allows for the customization of products on smaller orders by customers.  However, the Anticipatory Model does not give customers any choice or power but to buy or not buy.

4 0
3 years ago
Alex was sent to Beijing to help local managers solve the problem of growing worker dissatisfaction at their manufacturing facil
Ilya [14]

" There is an unequal distribution of power in the company " best explains this situation

Explanation:

Inequity is the almost inevitable result of two strong forces:

human bias and socioeconomic injustice.

One may debate whether or not power imbalances and other social inequalities induce bias.

(Even though the notion of a single variable approach to these debates encourages most of us, the truth is more complex; each one strengthens the other and this always results in a chicken and egg debate.)

Unfairness and discrimination can also be found interchangeably with everyday terminology.

I presumption a difference here: the definition of the word 'inequality' and the control of the expression 'inequity.' Inequality contributes to the allocation of such products, some of which earn more than others. Inequity stretches into this: not just unequal allocation; disproportionate and unjust allocation.

8 0
3 years ago
Hi CAN SOMEBODY HELP ME PLEASE YOU DON'T UNDERSTAND HOW I STRUGGLE. I WILL GIVE U BRAINLIST AND 5 STARS IF U ANSWER CORRECTLY ​
CaHeK987 [17]

Answer:

commericials, product endorsements, product features, stuff like that.

Explanation:

Businesses commonly develop websites and blogs to promote their companies, products and services. Blogs offer an interactive tool to communicate information to customers and receive feedback through comments. Additionally, companies use sites and blogs as media for banner ads and other ad placements. If u want you can write about features and product endorsements too.

8 0
3 years ago
MV Corporation has debt with market value of $ 101 ​million, common equity with a book value of $ 100 ​million, and preferred st
timofeeve [1]

Answer:

Weight of debt = 0.2453 or 24.53%

Weight of preferred stock = 0.0486 or 4.86%

Weight of common equity = 0.7061 or 70.61%

Explanation:

The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a company can consist of one or more of the following components namely debt, preferred stock and common stock.

To calculate the WACC, we use the market value of each component.

  • The market value of debt is$101 million.
  • The market value of common equity is 290.7 million
  • The value of preferred stock is $20 million

Market value of common equity = 51 * 5.7 = 290.7 million

The weights to assigned to each components are,

Total weight of all components = 101 + 20 + 290.7 = 411.7 million

Weight of debt = 101 / 411.7  => 0.2453 or 24.53%

Weight of preferred stock = 20 / 411.7  => 0.0486 or 4.86%

Weight of common equity = 290.7 / 411.7  => 0.7061 or 70.61%

5 0
3 years ago
A good financial plan does not include an insurance plan.<br> true<br> false
Yuliya22 [10]
The answer is false a good financial plan requires an insurance plan
7 0
3 years ago
Read 2 more answers
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