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Vesna [10]
3 years ago
8

Choose one possible revision suggestion for the previous follow-up letter.

Business
1 answer:
Cloud [144]3 years ago
7 0
Second one! sound professional!
You might be interested in
According to the rational choice theory, an individual is likely to commit a crime when he or she:
Korolek [52]

Answer:

d.

perceives the benefits of committing the crime to be greater than the potential costs.

Explanation:

Rational choice theory states that an individual makes rational calculations when making a decision. A rational decision maker chooses the option that best maximises personal benefits over costs.

I hope my answer helps you

5 0
3 years ago
Pro forma income statementAustin Grocers recently reported the following 2016 income statement (in millions of dollars):Sales $7
tia_tia [17]

Answer:

$102 million and 6.25%

Explanation:

The computation is shown below:

a. For net income

As we know that

Net income = (Earning before interest and taxes - interest) × (1 - tax rate)

where,

EBIT is calculated after finding out the sales, operating cost which is given below:

Sales = $700 million  × 1.20  = $840 million

And, the operating costs = 75% × $840 million = $630 million

So, the EBIT is

= $840 million - $630 million

= $210 million

Now the net income is

= ($210 million - $40 million) × (1 - 40%)

= $102 million

2.  Now expected growth rate in net income is

= (Latest year Net income ÷ previous year net income) - 1

= ($102 million ÷ $96 million) -1

= 6.25%

Since dividend payout ratio is same so the growth rate in dividend should be equal to the growth rate in net income i.e 6.25%

3 0
3 years ago
Suppose a new​ off-campus university apartment complex could rent its rooms on the open market for​ $900 a month. ​If, instead,
attashe74 [19]

Answer:

A

Explanation:

the price cap is form of price ceiling

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

4 0
3 years ago
Multiple copies of the purchase order are prepared for recordkeeping and distribution with a copy of the purchase order sent to
drek231 [11]

Answer:

B. Accounts Payable, Receiving and Inventory Control Department

Explanation:

First, the Multiple Choices

A. Accounts Payable, Receiving, and Stores Control Departments.

B. Accounts Payable, Receiving, and Inventory Control Departments.

C. Accounts Payable, Accounts Receivable, and Receiving Departments.

D. Accounts Payable, Receiving, and Production Planning Departments.

Accounts Payable

The organisation is making a purchase, hence, there will be financial implications and payments that need to be made for the purchase. Therefore Accounts payable is involved

Receiving

The department for receiving the order from the vendor is also crucial, the responsibility of this department is to ensure that all that was ordered and paid for on the purchase order sent to the vendor were delivered. The receiving department will also ensure that there are no defects in the supplied materials.

Inventory Control

Inventory Control is crucial as the department is responsible for ensuring that the optimal level of inventory is supplied and kept per time. The inventory control department should get a copy of the purchase order, compare with available inventory and see the incoming order is adequate for the optimal inventory size for the organisation.

Departments not Involved

Stores Control Department in option A is not involved because stores control takes care of the store in general while inventory control ensures that optimal stock level is maintained.

Accounts Receivable in option C is not involved because money is not coming in

Production Planning in option D is not involved because the company is not planning to produce, it is purchasing.

5 0
3 years ago
CHARACTERISTICS OF SHORT TERM SAVINGS STRATEGIES
DENIUS [597]

Answer:

saving accounts at banks... That's what the internet told me :|

Explanation:

7 0
3 years ago
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