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valina [46]
3 years ago
11

Nguyen's Sporting Goods is having difficulty obtaining the credit it needs to expand. What should the company do in order to all

eviate its financial​ situation?
Business
1 answer:
serious [3.7K]3 years ago
8 0

Answer:

work out a plan with its financial intermediaries

Explanation:

Based on the information provided within the question it can be said that in this situation the company should work out a plan with its financial intermediaries . By doing so they would be able to clearly point out the problem and focus on it to be able to come up with a solution on how to obtain the credit that they need.

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Bravo company had $5,100 of supplies on hand at the beginning of 2016. on march 31 bravo purchased an additional $12,400 of supp
lana66690 [7]
Supplies expense is $11,400.00.

Expenses = Beg Inv + Addl Inv - Remaining
                 = 5,100 + 12,400 - 6,100
                 = 11,400
8 0
3 years ago
Read 2 more answers
On October 28, 2013, Mercedes Company committed to a plan to sell a division that qualified as a component of the entity accordi
Marysya12 [62]

Answer: $2,500,000

Explanation:

Discontinued operations is when a particular division in a company shutdown.

With regards to the above question, the before-tax amount that Mercedes should report as loss on discontinued operations in its 2013 income statement will be:

= $2,000,000 + ($3,000,000 - $2,500,000)

= $2,000,000 + $500,000

= $2,500,000

4 0
3 years ago
"The function C(t)=C(1+r)t models the rise in the cost of a product that has a cost of C today, subject to an average yearly inf
Cloud [144]

Answer:

$351,912.61

Explanation:

Data provided in the question:

function that models the rise in the cost of a product

C(t)=C(1+r)^t

C = $285,700

t = 14 years

r = 1.5% = 0.015

Now,

On substituting the respective values in the given function, we get

inflation-adjusted cost in 14 years i.e C(14) = $285,700(1 + 0.015)¹⁴

or

C(14) = $285,700 × 1.2317

or

C(14) = $351,912.61

4 0
3 years ago
From 2001 to 2004, the U.S. government went from a budget surplus to a budget deficit. According to the open-economy macroeconom
notsponge [240]

Answer: Option (a) is correct.

Explanation:

Correct Option: The supply of loanable funds but not the supply of dollars in the market for foreign-currency exchange.

If the budget deficit increases, then U.S residents will want to purchase fewer foreign assets and foreign residents wants to buy more of U.S assets.

The budget deficit in the economy has to be financed either by borrowing or by increasing taxes. This budget deficit occurred because of the tax cuts and higher government spending.

If a country running a budget deficit, which lead to reduction in national saving. We all know that interest rate is determined in the loan market, where savers supply the loans to the private borrowers.

So, if there is a fall in the national saving, this will reduced the supply of loans from savers, which raises the interest rate in an economy.

This will attract the foreign flow of capital. This means that demand for domestic assets increases because of the higher interest rate.

Now, if foreign residents want to take an advantage of higher interest rate then they first have to acquire domestic currency.

Therefore, higher interest increases the demand for domestic currency in a market of foreign exchange.

4 0
3 years ago
What leadership approach is considered the most dominant among the styles and why?
Lana71 [14]

Answer:                        

Democratic leadership approach

Explanation:

Democratic leadership, often recognized as participatory leadership, is a form of management style wherein team members play a much more participatory position in the procedure of  making business decisions.

        The option to engage is provided to all in such a framework, ideas are openly shared and conversation is promoted. Because the democratic process focuses solely on the equal rights of groups as well as the unlimited flow of information, the team leader is only there to provide advice and influence.

Such style of leadership will extend from private companies to schooling to the government to any entity. That's why it is considered to be most dominating.

4 0
3 years ago
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