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3 years ago

In situation with high risk,credit might create further problems for the borrower.explain.

Business

1 answer:

rewona [7]3 years ago

3 0

Answer:

Yes, In situation of high risk credit will create more problem due to bankruptcy.

Explanation:

I Think if business will buy more credit in times of high risk then business will end up in stage of bankcruptcy because in that situation business will making poor profits and no revenue so it won't be able to pay back debt.

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Fisher Inc. wants to bring radical change to the current skills that exist in the organization, so they are going to employ ____

dalvyx [7]

Fisher Inc. wants to bring about a radical change to the current skills that exist in the organization, so they will employ internal growth strategies.

<h3 /><h3>Change management</h3>

It is an approach that should be used when an organization decides to implement significant changes that will impact administrative routines and the work of employees.

The purpose of change management is to prepare and support employees to adapt to changes that will occur in the work environment, generating greater transparency, compliance and reducing resistance.

Therefore, it is essential that when defining internal growth strategies that generate changes, the organization analyzes, monitors and evaluates the changes so that the new processes occur successfully and generate benefits for the company.

Find out more information about growth strategies here:

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4 0

2 years ago

In a reorder point problem where both demand and lead time are variable, demand averages 200 units per day with a daily variance

Romashka [77]

Answer:

~ 1561.235

Explanation:

Given :

$Z=1.645$

$d = 200\ \\variance =64$

Standard deviation can be determined by the $\sqrt{variance }$

Standard deviation=SD

= $\sqrt{64}\ =\ 8$

$LT = 6\$

σ = 8

Now using the formula

$R\ =\ d \ *\ LT\ +Z\ \sqrt{LT^{2}\ +SD^{2} \ +\ d\ \sigma\ ^{2} } \\\\Putting\ the\ respective\ value\ we\ get \\R=200 * 6 + 1.645\sqrt{6 * 8^2 + 200 *1^2}$

R=1561.235

~ 1561.235

6 0

3 years ago

The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year:

Savatey [412]

Answer: $1,063,000

Explanation:

Net realizable value is the value of an asset that a company will get when the asset is sold minus the cost that came with the asset sales.

The net realizable value of the accounts receivable will be the accounts receivable of $1,100,000 minus the allowance for uncollectible accounts which was given as $37,000.

= $1,100,000 - $37,000

= $1,063,000

7 0

3 years ago

During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscove

elena-s [515]

Answer:

Net Income understated by $20,000

Explanation:

In the first year, closing inventory was overstated by $80,000. The implications of the above would be,

Net Income for the first year would be overstated by $80,000

In the Second year,

Opening Stock would be overstated by $80,000

Due to this, cost of production stands overstated by $80,000.

Now, given in the question that closing stock for second year is overstated by $60,000 i.e profits are overstated by $60,000.

This means, the net effect on profits would be, $80,000 less $60,000 i.e $20,000 understated profits for the second year.

4 0

3 years ago

During fiscal 2016, Shoe Productions recorded inventory purchases on credit of $337.8 million. The financial statement effect of

iren2701 [21]

Answer:

A. Increase liabilities (Accounts payable) by $337.8 million

Explanation:

The journal entry will be: Inventory (Credit - Increased) 337,860,000 and Accounts payable (Debit - Increased) 337,860,000.

The company must recognize the increase in the Inventory and the medium of payment (Accounts payable).

B is false because this operationn can also be a decrease in cash, but the amount in the operation is too high for this payment medium.

C is false because, the inventory is not sold, and COSG will be increased when the goods are sold.

D is also false because the inventory is increasing, not decreasing.

6 0

3 years ago

In situation with high risk,credit might create further problems for the borrower.explain.​

In situation with high risk,credit might create further problems for the borrower.explain.