Answer:
a. multinational
Explanation:
Analyzing the options given:
Multinational: A company that has a presence in more than one country and have a central management but tries to adapt its offering to the local market.
International: Refers to importers and exporters which don't have investments out of their home market.
Global: Companies that have a presence in many markets and they establish a single strategy to market the products in all the countries.
Transnational: Companies that are present in different markets that have a structure that is decentralized with bases and management in different place where it operates.
According to this, the structure that requires a higher level of standardization for global efficiency, and yet it must maintain local responsiveness is a multinational company because these organizations have a main office but they also adapt to each market.
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
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Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
Manufacturing overhead= $57,600
Explanation:
To calculate the Conversion costs, we need to use the following formula:
Conversion costs= direct labor + manufacturing overhead
Now, if direct labor is 60% of conversion costs, then:
Conversion costs= direct labor / (1 - 0.4)
Conversion costs= 86,400 / 0.6
Conversion costs= $144,000
Finally, we determine the manufacturing overhead:
Manufacturing overhead= 144,000 - 86,400
Manufacturing overhead= $57,600
Answer: Decline in GDP = $1009.3 billion
Explanation:
Okun's law shows us the relationship between a nation's unemployment rate and its level of output or real GDP.
According to the Okun's law,
Therefore, a 7% decline in GDP as compared to the level in 2009 means,
= 1009.33 billion or 1009.3 billion
Thus, GDP declined by $1009.3 billion.
Management by objective.
This is a technique that uses a defined process to establish goals and measure results in the workplace.
