Firm’s market to book value ratio can be calculated by dividing the market value of the firm’s equity by the book value of the fir’s equity.
Market value of the firm’s equity = market value of current assets + market value of book value – market value of firm’s debt
= $10 million + $90 million – 50 million
= $50 million
Book value of firm’s equity = Book value of current assets + book value of fixed assets – book value of liabilities
= $10 million + $60 million – 40 million
= $30 million
Market to book value ratio = $50 million/ 30 million
= 1.67 times
Answer: Culture
Explanation:
Culture is the refers to the set of values, attitude and the ideas that are shared among the team members and the word culture is derived from the french word which means cultivation and the earth.
According to the given question, the culture is the defined as the knowledge for the specific religion or the group in the society. When we used to share the traditions, expectations and the beliefs withing the specific society or a group.
There are basically two types of culture that are as follows:
- Material culture
- Non-material culture
Therefore, Culture is the correct answer.
Answer:
The sales revenue would be 170,000 if Hammer Time implements the decrease in selling price.
This would generate a decrease of $10,000 in the sales revenue
Explanation:
Understanding the way sales revenue is generated:
If the selling price drops to $10
and units sold increase by 5,000
Comparing with the previous year:
This policy decrease the sales revenue which makes the business less profitable.
The actual performance could be considered as standard when it incorporates a common objective in which it motivates the members to increase their performance as while as their skill level. In addition, performance standards are also used in order to provide expectations of the duty of each employee.