Chief operating officers (COO) and chief financial officers (CFO) must verify in writing the accuracy of their corporation's financial statements.
Answer: D)
Explanation:
The consumer won't want to buy cassettes because most music players are cd players if not even that. Plastic, time, money, and labor would be wasted.
Answer:
The answer is: One size doesn´t fit all.
Explanation:
KFC´s customers in China are very different than american customers and are used to eating completely different foods. Consumer tastes, preferences, personal interests, even religious beliefs can vary a lot form one country to another. If a company plans to sell its products to a different "audience" it must first get to know who that audience is and what it is used to buy.
This strategy is about adding some local flavor to your menu. In this specific example, in order for KFC to be successful in selling its meals in China it must at least offer some variety of Chinese food along with its traditional American meals. That makes the company more familiar for Chinese customers.
Answer:
The answer is D.
Explanation:
Net investment equals Gross investment minus depreciation.
Net investment equals Investment at the beginning of the year minus Investment at the end of the year.
Net investment = $105 million - $100 million.
Net investment = $5million.
Depreciation = 20% of investment at the start of the year
= 20% of $100million
= $20million.
Gross investment is therefore,
$5million + $20million
=$25 million
Answer and Explanation:
The computation of the current ratio and the acid ratio is shown below:
The current ratio is
= Current assets ÷ current liabilities
= ($96 + $88 + $176 + $12) ÷ ($86 + $29)
= $372 ÷ $115
= 3.23 times
And, the quick ratio is
= Quick assets ÷ current liabilities
= ($372 - $176) ÷ ($86 + $29)
= $196 ÷ $115
= 1.70 times
Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively
