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SVETLANKA909090 [29]
3 years ago
6

The office memo read as follows: “there is a mandatory meeting at 3:00 PM on Thursday. The new sales numb The office memo read a

s follows: “there is a mandatory meeting at 3:00 PM on Thursday. The new sales numers Will be covered in detail, and then the appropriate permissions will be announced. What is the key idea of this passage?
Business
2 answers:
UNO [17]3 years ago
8 0
A Memorandum<span> is a document typically used for communication within the organization.</span><span>

The key idea of this passage is that the m</span>eetings are mandatory at 3:00 pm.
Galina-37 [17]3 years ago
7 0

Explanation:

The memo says that there will be a meeting at 3:00 PM which is mandatory to attend and the new sales figures will be discussed and appropriate permissions will be taken. So the key idea of this statement is that the meeting which is going to happen is regarding the new sales figures that came in hand, and they will be covered in detail and certain permissions will be taken from the management to better meet the goals in future. There might be some downfall in the sales which provoked a mandatory meeting to be attended by everyone and sales figures will be discussed to might give proper knowledge about the Sales of a specific period.

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The answer is "- $ 575.68".

Explanation:

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2 years ago
Douglas Company issued 5-year bonds on January 1. The 12% bonds have a face value of $35,000,000 and pay interest every January
Blababa [14]

Answer:

Given:

12% bonds have a face value of $35,000,000

Bonds sold for $37,702,483 based on the market interest rate of 10%.

∴

The interest expense on July 1 can be computed as

Interest expense = Bonds sold × Effective market interest rate (\frac{10}{2} = 5%)

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3 years ago
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Answer:a

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2 years ago
In January, Tongo, Inc., a branding consultant, had the following transactions. a. Received $15,500 cash for consulting services
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Answer:

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4 0
3 years ago
An industry consists of three firms with sales of $355,000, $825,000, and $435,000.
iogann1982 [59]

Answer:

Calculating Herfindahl-Hirschman Index and Four-Firm Concentration Ratio:

a. Herfindahl-Hirschman index (HHI) = 3,814

b. The four-firm concentration ratio (C4) = 1

c. If the two firms with sales of $355,000 and $435,000 merged, the resulting HHI would increase by 1,723 to 5,537.  The post-merger HHI now exceeds that allowed under the Guidelines (2,500). The increase in HHI is more than that permitted under the Guidelines (200), the merger is likely to be blocked by the Department of Justice.

Explanation:

a) Data and Calculations:

Sales of three firms in an industry:

                            Sales          Industry Share

Firm A sales = $355,000        22% ($355,000/$1,615,000 * 100)

Firm B sales =   825,000         51% ($825,000/$1,615,000 * 100)

Firm C sales =   435,000        27% ($435,000/$1,615,000 * 100)

Total sales =  $1,615,000

Herfindahl-Hirschman index (HHI) = 3,814 (22² + 51² + 27²)

Four-firm concentration ratio (C4) = Sales of the four largest firms/Industry sales = $1,615,000/$1,615,000

If the two firms with sales of $355,000 and $435,000 were to merge, the new Herfindahl-Hirschman index (HHI) = 5,537(49² + 51²)

Increase in HHI as a result of the merger = 1,723

5 0
3 years ago
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