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Dmitry_Shevchenko [17]

3 years ago

14

In the global business environment, small businesses are becoming more entrepreneurial while larger organizations are "shying" a

way from entrepreneurial processes.
a. True
b. False

1 answer:

anzhelika [568]3 years ago

7 0

Answer:

a. True

Explanation:

Since small business has lesser processes and paper work as compare to the larger organizations where formal procedures are in placed

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General Plastics Corporation instituted a new absenteeism control policy that took effect the first day of June. It expects the

True [87]

Answer: B. The indicator of success was inappropriate.

Explanation:

The new policy was implemented to get 25% reduction in absenteeism. However, if vacations are also counted as absenteeism how would one specify if the policy introduced was successful or not?

Therefore, the success parameter was vague and there should be other parameters in order to judge the success of the new policy implemented.

6 0

4 years ago

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,00

Sav [38]

Answer:

$7,500,000 in 8% bonds, 5 years to maturity, semiannual coupon ($300,000)

sold at premium for $7,740,000

the journal entry to record the issuance should be:

Dr Cash 7,740,000

Cr Bonds payable 7,500,000

Cr Bond premium 240,000

<u>Using the straight line amortization:</u>

amortization per coupon payment = $240,000 / 10 coupons = $24,000

Dr Interest expense 276,000

Dr Bond premium 24,000

Cr Cash 300,000

5 0

3 years ago

You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an APR of 5.2 percent fo

just olya [345]

Answer:

Ans. Your monthly payments will be $1,602.37 ; The effective annual rate is 5.33%

Explanation:

Hi, first, we need to convert this APR rate into an effective monthly rate, that is, dividing 0.052/12 =0.00433 (or 0.4333%). Then we need to use the following equation and solve for A.

$PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

Where:

PresentValue= 84,500

A = periodic payments (the monthly payments that you need to make)

r = 0.004333333

n=60 months

So, let´s solve for A.

$84,500=\frac{A((1+0.004333333)^{60}-1) }{0.004333333(1+0.004333333)^{60} }$

$84,500=\frac{0.296201791}{0.005616874} A$

$84,500=A(52.73427328)$

$A= 1,602.37$

Now, in order to find the effective annual rate, we need to use the following equation.

$r(EffectiveAnnual)=((1+r(EffectiveMonthly))^{12} -1$

Notice that to find an effective rate you have to start with another effective rate, otherwise it won´t work. So everything should look like this.

$r(EffectiveAnnual)=((1+0.004333333))^{12} -1=0.0533$

Meaning that the equivalent effective annual rate to 5.2% APR is 5.33% effective annual.

Best of luck.

6 0

3 years ago

Which is an example of an intermediate good?

anyanavicka [17]

Stocks and bonds purchased by a business executive?

4 0

3 years ago

Which of the following assets would be subject to cost recovery?

Nina [5.8K]

Answer:

The correct answer is letter "C": Landscaping around the doctor's office.

Explanation:

Cost recovery is an accounting method by which the expenses incurred in an organization -for its own benefits- is tried to be recovered. Depreciation is taken into consideration in the process but the least possible so that the return is maximized.

In that sense, only the <em>landscaping of a doctor's office </em>can be considered as a beneficial asset for the business.

8 0

3 years ago