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3 years ago

13

Please help. The process of developing a solution to a difficult situation is called creative thinking. brainstorming. decision

making. problem-solving.

2 answers:

enyata [817]3 years ago

7 0

Problem solving because you have to solve a problem to get a solution sorry if I’m wrong

luda_lava [24]3 years ago

5 0

Answer:

Problem solving, did I answer correctly?

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Rank the following assets from the lowest level to the highest level of (i) transaction costs, (ii) risk, (iii) liquidity. Ties

ahrayia [7]

Answer:

1) The transaction cost of both he bank deposit and mutual fund are almost equal as transaction in both can be made by visiting a branch or using internet banking or brokering.

2) The risk for the bank deposits are lower thank mutual funds because even thought the mutual fund is highly diversified, its value can still decline because of changes in market or some market crash like the 2008 recession, where as the money in the bank remains intact

3) The liquidity is higher for bank deposits because money can be withdrawn instantly, whenever the depositor wants, where as the liquidity for mutual funds is a bit lower as it takes a couple of business days to make transactions.

Explanation:

5 0

3 years ago

Read 2 more answers

At XYZ Consulting Company, managers always take leadership in social initiatives by holding fundraisers to raise money for after

Brut [27]

Answer:

Proactive

Explanation:

Some organisations apart from earning profits and revenues try to build their goodwill among customers. In that regard, they usually take part in social initiatives and fundraisers to raise money for social purposes. The XYZ consulting company is also working on the same track their mangers always take part in social initiatives which show that the company pursues a proactive strategy of social performance.

4 0

4 years ago

The following units of an inventory item were available for sale during the year:Beginning inventory 10 units at $55First purcha

Leto [7]

Answer:

$1150.

Explanation:

Given: Beginning inventory 10 units at $55

First purchase 25 units at $60

Second purchase 30 units at $65

Third purchase 15 units at $70.

First, lets calculate total units of inventory available.

Total inventory available for sales during the year= $(10+25+30+15)= 80\ units$

∴ Total inventory available for sales during the year= 80 units

As given 60 units were sold out of total 80 units.

$80-60= 20\ units$

∴ 20 units of inventory is still remaining.

To determine the cost of unit sold, under LIFO accounting, you start with assumption that you have sold the most recent inventory and work backward.

As 20 units is still available after selling 60 units.

∴ The value of ending inventory= $(10\ units \times \$60 + 10\ units \times \$55)$

The value of ending inventory= $\$600+\$550= \$ 1150$

∴ The value of ending inventory using LIFO is $1150.

6 0

3 years ago

On January 10, 2022, Sweet Acacia Industries sold merchandise on account to Tompkins for $8,380, terms n/30. On February 9, Tomp

VARVARA [1.3K]

Answer and Explanation:

The Journal entry is shown below:-

1. Accounts receivable Dr, $8,380

To sales revenue $8,380

(Being credit sales is recorded)

For recording the credit sales we simply debited the accounts receivable and credited the sales revenue)

2. 7% Notes receivable Account Dr, $8,380

To Accounts receivable $8,380

(Being settlement with the account is recorded)

For recording the settlement with the account we simply debited the 7% Notes receivable and credited the accounts receivable.)

5 0

3 years ago

Vulcan, Inc., has 8.4 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments and

larisa [96]

Answer:

The current price of the bond is $913.91 as computed below

Explanation:

In order to determine the current bond price,the pv formula in excel comes handy.

The pv formula is stated as below:

=pv(rate,nper,pmt,fv)

rate is the yield to maturity on the bond which is 10.40% in this case

nper is the period to maturity of the bond which is 6 years

pmt is the annual coupon payment payable by the bond which is denoted as coupon rate* face value of the bond i.e 8.40%*$1000=$84

fv is the face value of the bond which repayable at maturity

=-pv(10.40%,6,84,1000)

=$913.91

8 0

4 years ago