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LenKa [72]
3 years ago
8

Enron Corporation ultimately failed, in part, because top management at the company maintained the belief that it didn't matter

how people were making profits for the company so long as they were making them. This is part of the _______ at Enron.
(a) rituals
(b) mission
(c) perceptions
(d) organizational culture
Business
1 answer:
Sonbull [250]3 years ago
6 0

Answer: Organizational culture.

Explanation:

The management at Enron Corporation are building an organizational culture of making profit by all means regardless of how it is made. An Organizational culture is what is expected from workers of an organization, this culture is normally developed overtime.

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Corporations issue convertible debt for two main reasons. One is the desire to raise equity capital that, assuming conversion, w
just olya [345]

Answer:

corporations can obtain financing at lower rates

Explanation:

Convertible debts are a type of long term capital financing that has the option of converting the debt into stock or equity.  Corporations issue convertible debts to balance equity and liabilities.

A convertible debt will usually have a lower interest because the holder of the debt has the option of converting it to stock. A conversion occurs after a certain period. Investors willingly opt for convertible debts as the conversion aspect makes them less risky. Companies will opt for them because they are less expensive in interest payments,  hence a cheaper form of obtaining capital.

4 0
4 years ago
True or false: While taxpayers benefit from government-provided programs and services, such as national defense and law enforcem
polet [3.4K]

Answer:

True

Explanation:

Taxes paid are NOT directly related to any specific benefit received by the taxpayer.

4 0
3 years ago
Foster Gardening manufactures and sells garden supplies. Last month, Foster had a controllable margin of $1.6 million, which was
Tanya [424]

budget variance was the difference in ROI between the budgeted and actual amounts

<h3>What is budget variance?</h3>

A budget variance is an accounting term that refers to situations in which actual costs are higher or lower than the standard or projected costs. An unfavorable, or negative, budget variance indicates a budget shortfall, which can occur when revenues fall short or costs exceed expectations.

Typically, variance reports are used to examine the gap between budgeted and actual performance. Depending on the financial outcomes being compared, the variance report may also be referred to as "budget variance" or simply "variance." The difference between the budgeted/baseline goal and the actual reality is referred to as "variance."

Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost.

To know more about budget variance follow the link:

brainly.com/question/25790358

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4 0
2 years ago
Russell Inc. had sales of $2,200,000 for the first quarter of 2017. In making the sales, the company incurred the following cost
tresset_1 [31]

Answer:

Sales                                                     2,200,000

Less Variable Costs:

Cost of goods sold                                (920,000)

Selling expenses                                     (70,000)

Administrative expenses                         (86,000)

Contribution                                            1,124,000

Less Fixed Costs

Cost of goods sold                               (440,000)

Selling expenses                                     (45,000)

Administrative expenses                        (98,000)

Net Income                                               541,000

Explanation:

A CVP income statement is also known as a Variable Costing Income Statement and is written up as follows :

Sales                                                     2,200,000

Less Variable Costs:

Cost of goods sold                                (920,000)

Selling expenses                                     (70,000)

Administrative expenses                         (86,000)

Contribution                                            1,124,000

Less Fixed Costs

Cost of goods sold                               (440,000)

Selling expenses                                     (45,000)

Administrative expenses                        (98,000)

Net Income                                             541,000

8 0
3 years ago
Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
777dan777 [17]

Answer:

Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000

Explanation:

Coupon already expired issued on Jan 01, 2018      

Coupon issued on 07/01/2018                                 <u>$830,000</u>

Estimated redeemable coupon value - 50%           $415,000

($830,000 * 50%)

Less : Disbursed                                                        <u>$355,000</u>

Liability pending on Dec. 31, 2018                         <u>$60,000</u>

4 0
3 years ago
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