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Tju [1.3M]
3 years ago
8

Teams and groups tend to have very rigid rules and consequences. True or false

Business
2 answers:
mr Goodwill [35]3 years ago
8 0
That statement is true

A team or a group usually formed based on one similar goals or point of views among the members and a lot of them set up a couple of rules to be imposed among their members to prove that they're committed to the group and its cause.
Vlad1618 [11]3 years ago
5 0

Just took the test and the answer is F......

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Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca
Flura [38]

Answer:

36%

Explanation:

For the computation of the company's return on equity first we need to follow some steps which is shown below:-

Step 1

Earnings before tax = EBIT - Interest

= $452,000 - $152,000

= $300,000

Step 2

Earnings after interest and taxes = Earnings before tax - Tax

= $300,000 - ($300,000 × 40%)

= $300,000 - $120,000

= $180,000

Step 3

Asset turnover ratio = Total revenue ÷ Total assets

3.6 = $4,000,000 ÷ Total assets

Total assets = $1,111,111.11

Step 4

Equity ratio = 1 - Debt ratio

= 1 - 0.55

= 0.45

Step 5

Total Equity = Equity ratio × Total assets

= 0.45 × $1,111,111.11

= $500,000

and finally

Return on Equity = Net income ÷ Equity

= $180,000 ÷ $500,000

= 0.36

or

= 36%

3 0
3 years ago
Explain how financial statements (Income Statement, Statement of Owner’s Equity, Balance Sheet, and Statement of Cash Flows) are
Svetlanka [38]

A financial statements are helpful to the business owner, employees, and investors because:

  • It helps to financial plan
  • It helps to make decisions
  • It helps to adhere to regulations etc

<h3>What are financial statements?</h3>

This refers to those written records that convey the business activities and the financial performance of a company.

Some examples of financial statements in every standard companies includes Income statement, Cash flow statement, Balance sheet, Note to Financial Statements, Statement of change in equity etc.

In conclusion, majority of firm's financial statement are audited by government agencies, accountants, firms  to ensure accuracy, tax purpose, financing, investing purposes etc.

Read more about financial statements

<em>brainly.com/question/24498019</em>

#SPJ1

3 0
2 years ago
Read 2 more answers
What does employable mean?
tester [92]

Answer:

Employable: suitable for paid work.

5 0
3 years ago
Read 2 more answers
Which of the following is not a question addressed by macroeconomists? a. Why is average income high in some nations but low in
maria [59]

Answer:

c. What is the impact of foreign competition on the U.S. auto industry?

Explanation:

Economic theory is divided into two broad areas: macroeconomics and microeconomics.

Macroeconomics discusses large economic aggregates, such as income, inflation, and employment variations. It is an approach that aims to discuss these factors and bring about improvements through economic policies.

In turn, microeconomics deals with micro factors, such as the behavior of consumers and companies, including in relation to competitive structures. Therefore, item (D) deals with microeconomics and not macroeconomics.

4 0
3 years ago
Robust Resources expects to sell 440 units of Product A and 400 units of Product B each day at an average price of $18 for Produ
AleksAgata [21]

Answer:

Company's budgeted sales for the next week=$131,040

Explanation:

Step 1

Determine the total sales per day for Product A

Total sales=price per unit×expected number of units to be sold

where;

price per unit=$18

expected number of units to be sold=440 units

replacing;

Total product A sales per day=(18×440)=$7,920

Step 2

Determine total product B sales per day

Total sales=price per unit×expected number of units to be sold

where;

price per unit=$27

expected number of units to be sold=400 units

replacing;

Total product B sales per day=(27×400)=$10,800

Step 3

Total sales per day=total product A sales+total product B sales

total sales per day=(7,920+10,800)=$18,720

For the week=18,720×7=$131,040

Company's budgeted sales for the next week=$131,040

3 0
3 years ago
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