The day to day challenge of firm growth that this example is referring to is PRICE STABILITY.
Price stability in a market or an economy means that the price of a particular commodity does not change much over a period of time. One of the challenges that companies face on a daily basis is the price level of their products in the market. Any external factor that lower the price of a company's commodity will have adverse effects on the company and lower its profits.
Answer:
Cp= 1.33
Explanation:
Giving the following information:
Meena Chavan Corp.'s computer chip production process yields DRAM chips with an average life of 1,800 hours and sigma = 100 hours. The tolerance upper and lower specification limits are 2,400 hours and 1,600 hours, respectively.
Cp= (upper specification - lower specification)/6*sigma
Cp= (2400 - 1600)/6*100= 1.33
Answer:
A. seek information about loans from the banks.
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.
An auditor ordinarily sends a standard confirmation request to all banks with which the entity it is auditing has done business during the year under audit, regardless of the year-end balance. One purpose of this procedure is to seek information about loans from the banks so as to examine and verify the amount that was loaned by the bank to the business entity, as well as comparing the figures (values) to that on the balance sheet.
Answer:
$2,420,000
Explanation:
The computation of the current liabilities reported is shown below:
= Short term note payable due - liquidate value of short term note payable + additional cash used
= $5,960,000 - $5,080,000 + $1,540,000
= $2,420,000
First we take the difference of the short term note payable and then we added the additional cash used so that the amount of current liabilities could come
<span>This merger is called a conglomerate. A conglomerate is a company which has major stocks in a smaller business or company. The smaller businesses are called subsidiaries. The smaller businesses are still independent in terms of operations, however, they need to make reports to the conglomerate.</span>
