1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
USPshnik [31]
3 years ago
7

Courtney is the finance head of a tourism company. Recognizing that the company is hard-pressed financially, she decides to canc

el the projects that are riskier in nature, and concentrated more on developing its reliable projects. Which of the following strategies has been adopted by Courtney?
A. Romanticizing risk
B. Creating a vision for the organization
C. Developing a personal brand and building trust
D. Concentrating resources on areas that need the most change
Business
1 answer:
denis23 [38]3 years ago
5 0

Answer:

Option D is correct. Concentrating resources on areas that need the most change

Explanation:

Because the Finance head is trying to increase the returns on the reliable projects that has tendency to increase returns by minor investments. This will ensure secure future for the company and efficient working of the operations of the company.

Furthermore vision is associated with the company mission and personal brand and building trust takes a lot of time. And also that the romanticizing risk means the finance head is thinking to take the risk because the company can bear these risks.

You might be interested in
g Two countries produce bananas and sugar. In Country X each worker in a one-day period can produce either 15.4 pounds of banana
faltersainse [42]

Answer:

country X will export 27 pounds of Bananas  for 4.21 pounds of sugars

Explanation:

<u>For country X </u>

1 labor period = 15.4 pounds of bananas

1 labor period = 2.4 pounds of sugar

next calculate opportunity costs

opportunity cost of 1 pound of Banana = 2.4 / 15.4 = 0.1558

opportunity cost of 1 pound of sugar = 15.4 / 2.4 =  6.4167

<u>For country Y </u>

1 labor period = 8.7 pounds of bananas

1 labor period = 3.1 pounds of sugar

opportunity cost of 1 pound of banana = 3.1 / 8.7 = 0.3563

opportunity cost of 1 pound of sugar = 8.7 / 3.1 = 2.8064

<em>when the opportunity costs are compared </em>

<em>Country X has a lower opportunity cost for the production of banana  while </em>

<em>Country Y has a lower opportunity cost for the production of sugar </em>

Hence country X will export Banana

I pound of Banana will be exported for 0.1558 sugars

i.e. 27 pounds of Bananas will exchanged for ( 27 * 0.1558 ) sugars

27 pounds of Bananas  = 4.21 pounds of sugars

7 0
3 years ago
Use the following data to calculate the current ratio.
White raven [17]

Answer:

Kingbird, Inc.

Current Ratio = Current Assets/Current Liabilities

= $406,000/$147,800

= 2.75

Explanation:

a) Data and Calculations:

Kingbird, Inc. Balance Sheet December 31, 2022

Cash and cash equivalents $68000   Accounts payable          $135500

Accounts receivable             103500   Salaries & wages payable 12300

Inventory                               144500    Bonds payable                166000

Prepaid insurance                 90000    Total liabilities                $313800

Stock investments                181500

Land                                     195000

Buildings         $225000                       Common stock           $239200

Less: Accumulated

    depreciation (64000)    161000       Retained earnings        502500

Trademarks                        112000   Total stockholders' equity $741700

Total assets                  $1055500   Total liabilities and stockholders'

                                                                                     equity $1055500

Current Assets:

Cash and cash equivalents $68,000

Accounts receivable             103,500

Inventory                               144,500

Prepaid insurance                 90,000

Total current assets        $406,000

Current Liabilities:

Accounts payable           $135,500

Salaries & wages payable  12,300

Total current liabilities  $147,800  

6 0
3 years ago
Inflation is the result of a combination of factors listed below. select all of the correct answers.
ElenaW [278]
_Award brainliest if helped
Either
Demand for goods increase much too rapid [Demand-pull inflation]
or
Cost of producing goods increase. [<span>Cost-push inflation]</span>
4 0
3 years ago
Which of the following best describes measures of immediate liquidity? The current ratio and the quick ratio will always have di
mr Goodwill [35]

Answer:

The current ratio reflects existing cash as well as amounts to be converted to cash in the normal operating cycle.

Explanation:

 As we know that

There are two liquidity ratios which is current ratio and quick ratio

The formula to compute each one is shown below:

Current ratio = Current assets ÷ Current liabilities

And, the quick ratio = Quick assets ÷ current liabilities

where,

Quick ratio = Current assets - inventory - prepaid expenses

By considering the two above ratios we could find the liquidity position of the ratio but the current ratio is the best as it includes all the items i,e to be required for it

4 0
3 years ago
Browne, a self-employed taxpayer, has 2018 business net income of $15,000 prior to any expense deduction for equipment purchases
Vaselesa [24]

Answer: $20,000

Explanation: A taxpayer who spends less than $800,000 on equipment can deduct the cost of

equipment purchases up to a maximum of $250,000 per tax year. The deduction is limited to the amount that will reduce taxable income to zero.

7 0
3 years ago
Other questions:
  • On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note requir
    10·1 answer
  • Berne, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per
    12·1 answer
  • One might infer from a debit balance in allowance for doubtful accounts that
    6·1 answer
  • Jason is the marketing head at his company. He was working on the promotion of a new product. He had included the print media in
    13·2 answers
  • Khalid is a 39-year-old, married business owner who runs a dry cleaning service with three locations. His personal obligations a
    15·1 answer
  • Bedford had this info at the end of 2015, its first year of operations: No other permanent or temporary differences exist. The l
    15·1 answer
  • The Churchill Corporation uses a periodic inventory system and the LIFO inventory cost method for its one prod-uct. Beginning in
    13·1 answer
  • A bond has a face value of $1,000, a coupon of 5% paid annually, a maturity of 34 years, and a yield to maturity of 8%. What rat
    10·1 answer
  • Beta and Gama Inc. produces an item that currently sells for $250 per unit. Current production costs per unit includes direct ma
    11·1 answer
  • Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!