Answer:
The company's net operating income for May is $7,930
Explanation:
Sales revenue = $97,000
Variable costs
= $97,000 × (1 - 70%)
= $97,000 × 0.69
= $66,930
Fixed costs = $38,000
Therefore, net operating income = Sales - revenue - variable cost - fixed cost
= $97,000 - $66,930 - $38,000
= $7,930
Answer:
At Yield to maturity = 11%
Price = $1,000
Explanation:
As for the provided information we have:
Par value = $1,000
Interest each year = $1,000
11% = $110
Effective interest rate semiannually = 11%/2 = 5.5% = 0.055
Since it is paid semiannually, interest for each single payment = $110
0.5 = $55 for each payment.
Time = 8 years, again for this since payments are semi annual, effective duration = 16
Price of the bond = 
Here, C = Coupon payment = $55
i = 0.055
n = Time period = 16
M = Maturity value = Par value = $1,000
Therefore, if yield to maturity = 11% then,
P = 
= $1,000
Answer: Culturally consistent decisions
Explanation:
The options are:
a The organizational structure
b The environmental complexity
c Behavioral substitutions
d Culturally consistent decisions
Heidi Ganahl's life story helps the employees and franchisees of Camp Bow Wow understand culturally consistent decisions.
Organizational stories are being told by people in order to recall certain things that has happened in an organization and to also emphasize culturally consistent decisions, assumptions, and actions.
Answer:
A) The account receivables turnover is 15, and B) the number of days sales in receivables is 24.3 days.
Explanation:
A) FORMULA FOR ACCOUNT RECEIVABLES TURNOVER =
NET SALES / AVERAGE ACCOUNT RECEIVABLES
Given information -
Net sales = $1500,000
Average account receivables = $100,000
Putting the values in formula -
= $1500,000 / $100,000
= 15
B) FORMULA FOR NUMBER OF DAYS SALES IN RECEIVABLES =
365 / ACCOUNT RECEIVABLES TURNOVER
= 365 / 15
= 24.3 DAYS