Answer:
Option (A) is correct.
Explanation:
Given that,
2018:
Accounts receivable (net) = $20
Net sales = $115
Cost of goods sold = $60
Net income = $20
Inventory turnover = 5.22
Return on equity = Return on assets × Equity multiple
= 10.3% × 2.36
= 24.308% or 24.3%
Therefore, Dowling's return on equity for 2018 is 24.3%.
Answer:
Neoclassic economists believe that both wages and prices are sticky (hard to change) only int he short run. In the long run, both prices and wages will adjust to new economic conditions.
In this particular case, neoclassic economists will predict that even though wages are starting to rise, in the long run the equilibrium wage will be higher.
Long run and short run are economic concepts that do not refer to a given time period, e.g. long term in accounting means more than 1 year, but long run in economics may take years to come.
Long run refers to the amount of time it takes for an economic variable to adjust to economic changes.
If Canada's increase in labor costs is paired with an increase in productivity (usually new technologies), then the economy should be able to grow since private consumption and investment will increase due to higher wages.
Explanation:
The correct answer is letter B. Vertical Merger. <span>A merger between a textile mill and a clothing manufacturing company would be considered a vertical merger. A vertical merger is a merger between companies, 2 companies that produce various services and goods for a specified finish product.</span>
It is more important to understand the personality of a manager than to understand the personality of an employee because the actions of a manager impact the behavior and outcomes of many people.
<h3><u>
What is the role of a manager?</u></h3>
- Most frequently, managers are in charge of a specific job function or division inside the company.
- A manager either directly leads his or her team in accounting, marketing, sales, customer support, engineering, quality, and all other groups, or they are in charge of a group of supervisors that manage the teams of employees. Title hierarchies are found in organizations.
- Each of these individuals carries out distinct and crucial tasks that allow the business to run, fulfill its duties, and generate a profit.
- Particularly in smaller firms, a manager may have the authority to recruit, fire, reprimand, or promote employees with the help of the human resources team.
In larger organizations, a manager may only suggest such a course of action to the level above them. In both large and small businesses, the manager has the power to modify the tasks that team members are assigned to do.
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