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3 years ago

Companies especially ones with multinational operations and/or newly acquired businesses, typically have

1 answer:

6 0

Companies especially ones with multinational operations and/or newly acquired businesses, typically have multiple cultures rather than a single culture.

When a business is multinational, they operate in different countries and in each country they operate in they are dealing with different cultures. Because of this, they have different cultures within their organization and operate according to where they are doing business. Successful companies will adapt to each culture so that the business runs like any other business would in their country.

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Elan Coil [88]

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3 years ago

Read 2 more answers

Krell Industries has a share price of $ 22.77 today. If Krell is expected to pay a dividend of $ 1.09 this year and its stock pr

hoa [83]

Answer:

Dividend yield is 4.79%

Cost of equity is 11.64%

Explanation:

The dividend yield on Krell Industries share price is the dividend of $1.09 divided by the price of the share today of $22.77

dividend yield=$1.09/$22.77=4.79%

The equity cost of capital can be calculated from the share price formula given below by changing the subject of the formula to cost of equity,r.

stock price=Do*(1+g)/r-g

Do is the dividend paid this year of $1.09

g is the dividend growth of dividend which is computed thus:

g=share price at end of the year-share price now/share price now

g=($24.33-$22.77)/$22.77=6.85%

r is the unknown

stock price is $24.33

24.33=1.09*(1+6.85%)/(r-6.85%)

24.33=1.164665 /r-6.85%

r=(1.164665 /24.33)+6.85%

r=11.64%

3 0

3 years ago

Nina Parkhurst owned a ranch and asked her son, Doug Boykin, to move to it and manage it for her. Boykin and his wife moved to t

Black_prince [1.1K]

Answer:

No there was no contract, there was at best an agreement to agree (an agreement based on understanding that a future arrangement can be made).

Nina said she was still thinking about her son's proposal and had not decided yet, so there was no contract.

Oral contracts is a spoken agreement between two parties that may be legally binding.

Breach of oral contract can be hard to prove since it is not written down.

An oral agreement between family members is not enough to be considered a contract.

Explanation:

5 0

4 years ago

The balance sheet of California Clothing reports total equity of $600,000 and $700,000 at the beginning and end of the year, res

kolbaska11 [484]

Answer:

10%

Explanation:

return on equity = net income / average equity = $65,000 / [($600,000 + $700,000) / 2] = $65,000 / $650,000 = 0.1 = 10%

Return on equity (ROE) measures the profitability of a company by comparing the net income generated in the year against the company's equity. The higher the ROE, the more profitable the company is. In this case, each dollar invested generates $0.10 in profit.

5 0

3 years ago

St. Kilda Enterprises produces parts for the electronics industry. The production manager and cost analyst reviewed the accounts

SOVA2 [1]

Answer:

a. Budgeted production cost for next month is $ 487,900

b Total production cost per unit for the previous month - $ 31.16 per unit

Total production cost per unit for the next month - $ 30.02 per unit

Explanation:

Computation for production cost for previous month

Variable manufacturing overhead $ 48,000

Direct Labor $ 187,500

Direct materials $ 92,500

Total variable costs $ 328,000

Fixed manufacturing overhead $ 61,500

Total manufacturing costs $ 391,500

No of units produced 12,500

Variable cost per unit ( $ 328,000 / 12,500) $ 26.24 per unit

Fixed cost per unit $ 4,92 per unit

Total production cost per unit for previous month $ 31.16 per unit

Computation of total production cost for next month

Variable production costs per unit $ 26.24 per unit

Budgeted production 16,250 units

Total variable production costs for next month

$ 26.24 per unit * 16,250 units $ 426,400

Add: Fixed production costs $ 61,500

Total production costs for next month $ 487,900

Computation or per unit cost for next month

Total production cost/ No of units budgeted

$ 487,900/ 16,250 = $ 30.02 per unit

6 0

4 years ago