Answer:
The answer is
1. -$96 million
2. 0.52:1
Explanation:
1. Working capital = total current assets - total current liabilities
Current assets:
Cash. $ 31.9 million
Accounts receivable $21.0 million
Inventory $28.1 million
Other current assets. $23.0 milllion
Total current assets $104.0 million
And current liabilities is$200.0 million
Therefore, working capital is:
$104 - $200
= -$96 million
2. Current ratio = current assets/current liabilities
$104 million / 200 miliion
=0.52:1
Answer:
a. the American Bar Association.
Explanation:
-American Bar Association is an organization that is formed by law students and lawyers and it establishes codes of conduct for this profession. It created the Model Rules of Professional Conduct in 1983 and it is used in 49 states.
-American Institute of Certified Public Accountants is an organizaion formed by certified accountants in the United States and it determines ethical standards for the professionals.
-The Securities and Exchange Commission is an agency of the United States government that develops and enforces laws for the securities industry.
-The International Accounting Standards Board is a body of the IFRS Foundation that establishes accounting standards.
According to this, the answer is that Lauren’s conduct is governed by rules of professional conduct established by the state in which she is licensed, and the Model Rules of Professional Conduct of the American Bar Association.
Technically, Collution between firms is considered Illegal in South Africa.
Both firms keep doing it behind the curtain because it is very beneficial for them.
For example, the firms could collude to set the price that they will impose to the market, and make sure they got the highest possible profit while the customers have to deal with the unreasonably high price.
Answer:
c. a conflict between two Greystone Motors car dealerships
Explanation:
The horizontal conflict is the conflict which can arise between two or more members of marketing channel with the same type of product they are dealing
In the given situation, the Grey stone has two models - commercial & ordinary cars and racing cars. They deal with the same product but opt for different strategy so that they can able to maximize its sales and generates high profit Therefore, it represents the horizontal conflict
