The answer is a formal integrating mechanism
Answer:
The correct answer is letter "D": foster an innovative culture and climate that permits experimentation, risk-taking, and failure.
Explanation:
In Ron's case, as the research conducted by his team seems to be correct, even if he does not feel sure about the new shampoo produced he should <em>promote an innovative culture among his subordinates</em>. While innovating, some companies may manufacture goods that do not provide any benefits to the company but it is most important to analyze why the project failed and what could have been done differently to provoke different results.
<em>Entities carry certain risks at the moment of starting operations and must not be discouraged by failure.</em>
Organization Expenses Dr 7,500
Cash 7,500
June 14 Cash Dr 120,000
Common Stock 110,000
Paid-In Capital in Excess of par value—Common 10,000
June 22 Cash Dr 120,000
Preferred Stock 90,000
Paid-In Capital in Excess of par value—Preferred 30,000
Answer:
Highly
Explanation:
In a global context, economic development is highly correlated with the level and efficiency of financial markets and institutions.
Financial markets can be defined as any marketplace where the trading of securities occurs.
Types of financial markets includes:
1. Money market
2. Foreign exchange market (forex)
3. Bond market
4. Over the counter market
5. Stock market
Economic development refers to the process by which a state improves the economic, political, and social well-being of its citizens. It involves structural transformation, technological innovation and industrial upgrading which will increase labor productivity and improvements in infrastructure.
Stages of economics development includes:
1. Traditional stage
2. Pre-condition for take off stage
3. Take off stage
4. Drive to maturity stage
5. Age of high mass consumption stage
Answer:
Highly
Explanation:
In a global context, economic development is highly correlated with the level and efficiency of financial markets and institutions.
Answer:
$109,085
Explanation:
From the question above RTF oil has a total sales of $911,500
The costs incurred by RTF oil is $787,300
Depreciation is $52,600
The tax rate is 21 percent
= 21/100
= 0.21
The first step is to calculate the EBIT
EBIT= Total sales-costs-depreciation
EBIT= $911,400-$787,300-$52,600
EBIT = $71,500
The next step is to calculate the tax
Tax= EBIT× tax rate
= $71,500×0.21
= $15,015
Therefore since we have gotten the tax and EBIT, the final stage is to calculate the operating cash flow
OCF= EBIT + depreciation- Tax
= $71,500+$52,600-$15,015
= $124,100-$15,015
= $109,085
Hence RTF oil has an operating cash flow of $109,085