Answer:
organic
Explanation:
Based on the information provided within the question it can be said that the type of organization that is being described is called an organic organization. This is a type of organization that is extremely flexible, thus allowing it to easily adapt to changes in it's environment. Such aspects as the ones described in the question allow an organization to become flexible.
Answer:
$651,300
Explanation:
Cost of an item of property, plant and equipment comprises of purchase price and any cost directly attributable to bringing the asset to the location and condition for operation as intended by management.
<u>Calculation of the cost of purchase of the land:</u>
Purchase price $ 620,000
Demolition of the old building $ 23,000
Land preparation and leveling $ 8,300
Cost of purchase of the land $651,300
Answer: True. Market risk refers to the tendency of a stock to move with the general stock market. A stock with above average market risk will tend to be more volatile than an average stock, and its beta will be greater.
Explanation: If a stock has a beta that is greater than 1, there is a higher risk for the stock. High risk stocks have a higher potential for return, but are also easier to lose funds from.
Answer:
The number of RVs must be sold to attain the target profit before taxes: 130 units
Explanation:
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
RV USA estimates target profit before taxes of $150,000. Unit contribution margin is $5,000 and fixed costs are $500,000.
The number of units must be sold = ($500,000 + $150,000)/$5,000 = 130 units
Answer:
Net Asset Value of ETF = $99.75
Explanation:
Net asset value of an ETF
- The net asset value of an ETF represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
- ETFs calculate the NAV at 4:00 p.m. Eastern Time after the markets close.
- The NAV is used to compare the performance of different funds, as well as for accounting purposes.
- The ETF also releases its current daily holdings, amount of cash, outstanding shares, and accrued dividends, if applicable.
- For investors, ETFs have the advantage of being more transparent. Mutual funds and closed-end funds do not have to disclose their daily holdings.
- In fact, mutual funds usually disclose their holdings only quarterly.
<u>Calculation</u>
Market Value per share = $100
Expense Ratio = 0.25%
Net Asset Value = Market Value per share * (1 - Expense Ratio)
Net Asset Value = $100 * (1 - 0.0025)
Net Asset Value = $100 * 0.9975
Net Asset Value = $99.75
