Answer:
The U.S. newspaper industry is suffering through what could be its worst financial crisis since the Great Depression. Advertising revenues have plummeted due in part to the severe economic downturn, while readership habits have changed as consumers turn to the Internet for free news and information. Some major newspaper chains are burdened by heavy debt loads. Between 2008 and early 2010, eight major newspaper chains declared bankruptcy, several big city papers shut down, and many laid off reporters and editors, imposed pay reductions, cut the size of the physical newspaper, or turned to Web-only publication.
Explanation:
Answer:
The answer is $7,900
Explanation:
Formula of Residual Income=Net Operating Income-(minimum required rate of return*average operating assets)
Residual income (RI)=$143,700-($970,000*14%)
RI=$7,900
Further we can alsocalculate
Return on investment (ROI)=$143,700/$970,000=14.81%
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A well-written business plan can improve your chances of getting funding and give you greater negotiating power. When you are wanting to gain funding and have a well-written business plan, you are able to better negotiate power because your knowledge of what is needed is higher. When wanting to receive funding from an outside source, you need to show your knowledge of the business and where you plan to use the money for a better chance at receiving it.
Answer:
The process of recording, summarizing, and presenting financial information of a company in the form of financial statements.
Explanation: