Answer:
Option B What businesses a firm should be in and how the corporate office should manage its group of businesses
Explanation:
The reason is that corporate level strategy helps in managing the all of the business units of the company which means that the strategy is to maximize the gains arising by increasing the effectiveness and efficiency of the business operations of the business units. So the question certainly would include the decision of whether or not we should close a business unit or that we should continue with it. It would also question whether the group business is well managed or there are any other better alternatives as well.
Answer:
December 31, 2021
Debit : Dividends $28,500
Credit : Shareholders for Dividends $28,500
Explanation:
The Dividends declared present a present obligation by the entity to its shareholders.
Answer:
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Explanation:
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Market prices for 2006.
100 heads of cauliflower = $200 => 1 head of cauliflower = $200 / 100 = $2.
50 bunches of broccoli = $75 => 1 bunch of broccoli = $75 / 50 = $1.50
500 carrots = $50 => 1 carrot = $50 / 500 = $0.10
Total cost of items of food = $2 + $1.50 + $0.10 = $3.60
<u>Market prices for 2007</u>.
75 heads of cauliflower = $225 => 1 head of cauliflower = $225 / 75 = $3.
80 bunches of broccoli = $120 => 1 bunch of broccoli = $120 / 80 = $1.50
500 carrots = $100 => 1 carrot = $100 / 500 = $0.20
Total cost of items of food = $3 + $1.50 + $0.20 = $4.70
CPI of 2006 = $3.60 / $3.60 x 100 = 100
CPI of 2007 = $4.70 / $3.60 x 100 = 130.56
Inflation rate in 2007 = (130.56 - 100) / 100 x 100 = 30.56%
CPI is the Consumer Price Index.
CPI is one of the most used statistics.
In 1960 : CPI 29.3 --------------100 %
In 2017 : CPI 255 --------------- x %
-----------------------------------------------------
29.3 : 255 = 100 : x
29.3 x = 25,500
x = 25,500 : 29.3
x = 870.3 %
For $1 million in 1960 there is $8.703 million in 2017.
Answer: The movie star earned $8.703 million in 2017.
