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3 years ago

Two reasons why people are hesitant to report corruption

1 answer:

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<span>Corruption is stealing of funds that are not supposedly owned by the stealer. In most cases, it mostly happening in institutions and organizations. People are hesitant to report corruption because (1) they would be ‘silenced’ (killed) by the person they are trying to expose or (2) they are part of the dirty job.</span>

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Comdex Inc. manufactures parts for the telecom industry. One of its products that currently sells for $210 is now facing a new c

strojnjashka [21]

Answer:

$147

Explanation:

The computation of the target cost of the product if the desired prodit percentage is considered

Given that

Currently sale price = $210

New competitor price = $190

Currently cost = $180

Reduced price = $190

Profit percentage is 30%

So the target cost of the product is

= Sale price - desired profit

= $210 - $210 × 30%

= $210 - $63

= $147

3 0

3 years ago

Sometimes called the coverage ratio, this ratio measures the risk that interest payments will not be made if earnings decrease.

tester [92]

Answer:

The correct answer is letter "B": Times Interest Earned Ratio.

Explanation:

Times Interest Earned (TIE) ratio or the coverage ratio tests the capacity of a company to pay off its debts. TIE is calculated by dividing the company's earnings before interest and taxes by the interest that is payable on its debts. A low ratio means the company struggles to pay its debt, and if it fails to meet its obligations, it may face bankruptcy. A high ratio means that an organization can cover its expenses.

7 0

3 years ago

Book Co. has 1.4 million shares of common equity with a par (book) value of $ 1.00, retained earnings of $ 28.1 million, and

mash [69]

Explanation:

The computations are shown below:

a. The market value of equity is

= $50.96 per share × 1,400,000 shares

= $71,344,000

b. The market value of debt is

= $105% × $21,100,000

= $22,155,000

c. Now the weights are as follows

Weight of equity is

= $71, 344,000 ÷ ($71,344,000 + $22,155,000 )

= 0.7630

And,

Weight of debt = 1 - 0.7630

= 0.237

5 0

4 years ago

Paul splits an investment of $20000 , a portion earning simple interest at a rate of 3.8 % per year and the rest earning at a ra

koban [17]

Answer:

$9,000 (amount invested at 3.8%)

$11,000 (amount invested at 8.1%)

Explanation:

Let us calculate the total interest earned by both investments

Interest earned= 0.06165* 20,000= $ 1,233

Let principal invested at 3.8% be X

Use formula Interest= principal* rate*time in years

Interest= X*0.038*1= 0.038X

Principal invested at 8.1% be (20,000-X)

So Interest = (20,000-X)*0.081*1= 1,620-0.081X

Total interest earned = Interest at 3.8% + Interest at 8.1%

1,233= 0.038X + 1,620 -0.081X

Rearranging

0.043X= 387

X= 387/0.043

X= $9,000 (amount invested at 3.8%)

Substitute in equation

Principal invested at 8.1%= 20,000-X

= 20,000- 9,000

= $11,000 (amount invested at 8.1%)

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3 years ago

One of the most challenging tasks for any firm, including In Fine Fettle, is determining how much to spend on promotion. Four ba

Montano1993 [528]

Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

B) the percentage-of-sales method,

In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.

C) the competitive-parity method,

In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000.

D) the objective-and-task method.

In Fine Fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend

Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

C) the company will look at their competitors promotion expense and try to keep up with that level to avoid being left behind

D) management will determinate on a monthly/ weekly basis where and how much to promote

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4 years ago