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Yuki888 [10]
3 years ago
15

The long-time CEO of a large paper company is retiring. the members of the board want to make sure that the new person they hire

to take hisw place will keep the company growing at a good rate and be able to hold on to the crucial employees who have worked under him. Describe what kind of person the board would want to consider for this position. what qualities would be beneficial to the new CEO and how would this qualities help the company?
Business
1 answer:
saul85 [17]3 years ago
7 0
<h2>Leadership quality is required for the CEO</h2>

Explanation:

Upon all other quality, leadership quality always stands top and allow him / her to be in top position.

When the company is hiring new CEO, he must look out for the following qualities:

  • Proven leadership qualities
  • Dedication towards the work and mainly organization
  • Crisis management to resolve issues
  • The proven responsibility
  • The achievement made in the previous workplace
  • Ability to maintain confidentiality
  • Has good convincing skill
  • Ability to bring collaboration, cooperation among the team
  • Has control over the team
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Sun Inc. assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a
meriva

Answer:

The answer is: Assigning accounts receivables as collateral for a bank is not a asset transfer.

Explanation:

Even as the bank offers Sun Inc. with a factoring limit, the accounts receivables are still in the firm's accounting book. The firm has the obligations to go after their debtors for collections. The account receivables are transferred to creditors when a company becomes defaulted or bankrupted.

7 0
3 years ago
________ look at each budget as if it were brand new and require managers to justify each of the budgeted items. This process en
larisa [96]
The answer for the blink would be Zero-based budgets.
7 0
2 years ago
Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending sha
djyliett [7]

Answer:

Percentage total return is 12.64%

Dividend yield is 2.19% or 2%

Explanation:

Computing the percentage total return by using the formula:

Percentage total return = Gain or loss / Initial price × 100

where

Gain or loss is determined as:

Gain or loss = Ending Share price - Initial price

= $98 - $87

= $11 (it is a gain)

Initial price is $87

Putting the values above:

Percentage total return = $11 / $87 × 100

= 12.64%

Computing the dividend yield by using the formula:

Dividend yield = Annual dividend per share /  Stock's price per share

where

Annual dividend per share is $2.15

Stock's price per share is $98

Putting the values above:

Dividend yield = $2.15 / $98

= 2.19% or 2%

3 0
3 years ago
When producers receive a subsidy, sellers receive a:
Vesnalui [34]

Answer:

b. lower price than the pre-subsidy equilibrium, and buyers pay a lower one.

Explanation:

A subsidy is a governments intervention in the form of cash or tax cuts. The government offers subsidies to producers to motivate them to produce more or to lower their cost of production.  As a result,  there will be more products in the market or goods will be cheaper.

Equilibrium price refers to the price determined by the forces of supply and demand. It is the intersection of the demand and supply curve. It is the price that buyers are willing to pay for a certain quantity of a product; all other factors held constant.

Should a producer receive a subsidy, It will lower his cost of production. The producer's output will cost less.  He can afford to offer sellers a lower price as a result of the subsidy.  The traders will be able to sell the products in the market at a low price compared to a situation with no subsidy.

7 0
3 years ago
Raven Company has a target of earning $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales
victus00 [196]

Answer:

Target dollar sales = $353,333

Explanation:

First we need to find out how much contribution do we need to get a profit of 70,000.

Profit= Contribution - Fixed cost.

70,000=Contribution-36,000

70,000+36,000=106,000

Contribution= 106,000

Now in order to find the sales we will use the formula

Target Sales= Contribution/Contribution margin

Contribution = 106,000

Contribution margin =30%=0.3

Input the values into the formula

106,000/0.3=353,333.333

6 0
3 years ago
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