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4 years ago

In the olympic organizational structure national governing bodies (ngbs) report directly to

1 answer:

5 0

In the Olympic organizational structure national governing bodies (NGBs) report directly to National Olympic Committee (NOCs) and International Federations (IFs).
The NOC is a national organizing committee and IFs are <span>responsible for the integrity of their sport on the international level. </span>

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For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu

Karolina [17]

Answer and Explanation:

The journal entry is shown below:

Depreciation expense Dr $398,000

To Accumulated depreciation $398,000

(Being the depreciation expense is recorded)

For recording this we debited the depreciation expense as it increased the expenses and credited the accumulated depreciation as it decreased the value of the assets

The computation of the depreciation expense is as follows

Cost of the asset $3,250,000

Less: accumulated

depreciation till date ($1,801,000)

Undepreciation cost $1,449,000

Less:

Estimated residual value ($255,000)

Value for remaining

3 years $1,194,000

Divided by 3 years ÷ 3

Depreciation expense $398,000

3 0

4 years ago

The CEO of Transector, Inc., set a 6.5 percent rate-of-return target for all divisions for the past year. Now, at the end of the

lesya692 [45]

Answer: Competitive type of the multi-divisional structure

Explanation:

Here, in this particular case, using the given information we can state that Transector Inc. is using the <em>competitive form of the multi-divisional corporate structure</em>. In this multi-divisional structure, there tends to lie one parent organization which usually consists of several different divisions and sub-divisions that are known to operate distinguished businesses. In legal terminology, the parent organization is known to own all the divisions, but they are also known to provide them with significant autonomy, in order for them to work independently.

6 0

3 years ago

"Vaughn Corporation is considering the issue of commercial paper and would like to know the yield it should offer on its commerc

Naddik [55]

Answer:

7.6 percent

Explanation:

Vaughn should offer 7.6 percent on its commercial paper.

This is calculated by adding the 0.2 credit risk premium to 0.1 percent liquidity premium + 0.3 percent tax adjustment + 7 percent annualized t bills rate.

= 0.1 + 0.2 + 0.3 + 7

= 7.6

Based on this Vaughn would offer 7.6 percent on its commercial paper.

6 0

3 years ago

The Fram family has liabilities of $167,00 and assets of $433,000. <br> What is their debt ratio?

maxonik [38]

Answer:

Their debt ratio is about 0.039.

Explanation:

Given information:

liabilities = $16700

Assets = $433,000

We need to find their debt ratio.

$\text{Debt ratio} = \dfrac{Liabilities}{Assets}$

Substitute the given values in the above formula.

$\text{Debt ratio} = \dfrac{16700}{433000}$

$\text{Debt ratio} = \dfrac{167}{4330}$

$\text{Debt ratio} \approx 0.038568$

$\text{Debt ratio} \approx 0.039$

Therefore, their debt ratio is about 0.039.

4 0

3 years ago

Joseph wants to take out a large loan. He has always paid his bills on time and has a fantastic credit score. He has been with h

oksano4ka [1.4K]

Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.

<h3>What are the Three C's of Credit?</h3>

To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,

Character
Capacity
Capital or Collateral.

Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.

Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.

Hence, the three C's of credit are explained above.

Learn more about the Three C's of Credit here:

brainly.com/question/8743350

#SPJ1

7 0

2 years ago