B. To raise money to a grow a company.
Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.
Answer: The correct answer is d) NOMINAL
Explanation: Nominal interest rate is the interest rate before inflation is taken into account. Nominal interest rate can also be used to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.
It is the contractual interest rate charged by a lender or promised by the borrower.
Answer:
d. All of these are correct.
Explanation:
The UCC are a set of guidelines that deals with contracts involving sale of goods. It settles disputes that occur during such transactions.
Section 2-201 of the UCC deals with statute of fraud.
Contract for a sale of goods is not enforceable unlesss there is some written contract of sale by the party against who enforcement is sought or his official agent.
This document also a written signature of the party against whom enforcement is sought, and a written indication of the quantity sold.
Answer:
Xia Co.
1-a. The relevant costs for Xia Co. to make or buy the part:
Direct materials $2.25
Direct labor 1.00
Incremental overhead 0.75
Total relevant cost $4.00
1-b. Xia should make the part. It will cost Xia $4.00 to make the component while it costs it $5.00 to buy. It should therefore, make the component.
Explanation:
a) Data and Calculations:
Price of buying component = $5
Cost of making component:
Direct materials $2.25
Direct labor 1.00
Incremental overhead 0.75
Total relevant cost $4.00
b) The relevant cost for making the component is $4.00. The overhead cost based on 200% direct labor is not a relevant cost. It is an allocated fixed cost and must be incurred whatever decision is taken. By making the component, Xia Co. will be netting in a unit contribution of $1 ($5.00 - $4.00) with the alternative of buying.
Answer:
Explanation:
Strategic plans: They are those who seek to fulfill the company's wishes in the long term. They are usually described in a general way and are executed through tactical plans.
Tactical plans: They are those who take the strategic plans and turn them into specific activities for their execution and development.
Operational plans: Operational plans are all those that seek to create the mechanisms to plan and fulfill tactical plans.
Mission Statement: is the set of general objectives and principles of work to grow the company.
According to this definitions the answers are:
1) (D)Mission statement.
2) (A)Strategic.
3) (D)Tactical.
4) (A)Operational.
Goals questions:
1) (D) The statement does not specifies the time limit to accomplish the goal.
2) (A) Information regarding the type of air conditioners and refrigerators to be sold and the place where the goal is set is missing.