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3 years ago

Multicultural organizations differ from pluralistic organizations in that they

1 answer:

7 0

Pluralistic organizations believe in having a diverse employee population and actually strive to achieve that. A multicultural organization values diversity within their employees but does not have diverse group of people working for them. Although pluralistic organizations believe and strive to have diverse employees, they are not the best at being trained and knowing how to address the cultural differences.

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Western Company is preparing a cash budget for June. The company has $11,000 cash at the beginning of June and anticipates $31,0

Semenov [28]

Answer:

Borrow $19,500

Explanation:

The movement in the cash balance between the beginning an end of a period may be expressed as

opening balance + cash collection - cash disbursed = closing balance

As such, where the company has $11,000 cash at the beginning of June and anticipates $31,000 in cash receipts and $36,500 in cash disbursements during June, the expected closing balance

= $11,000 + $31,000 - $36,500

= $5,500

If the company is owing the bank $15,000 then the company would still owe

= $5,500 - $15,000

= ($9,500)

If the company is expected to maintain a balance of $10,000, the amount to be borrowed must be $10000 in excess of the amount owed the bank. Hence amount to be borrowed

= $10000 + $9500

= $19,500

4 0

3 years ago

Stocks A, B, C, and D have standard deviations, respectively, of 20%, 5%, 10%, and 15%. Which one is the riskiest?A.Stock

Serggg [28]

The Stock A is the riskiest of all the available stock.

Explanation:

Risk perception of the stock is a very important component of the investment industry.

Standard deviation is the most common parameter to evaluate the risk parameter of any stock. It helps an investor in assessing the volatility of the stock and market.

Higher the price more is the volatility and higher would be a standard deviation. A lower price would eventually translate into low standard deviation.

However, it is to be remembered that the standard deviation is not the only measure of risk perception of the stock.

8 0

3 years ago

In 1985, the exchange rate between the U.S. dollar and the Japanese yen was $1 = 262 yen; in 2003, the rate was $1 = 110 yen. Wh

Minchanka [31]

Answer:

Japan exported much more to the United States during this period than it imported from the United States.

Explanation:

When a country's trade balance is positive, its currency tends to appreciate since foreign buyers want to purchase more domestic goods.

Since Japan has been consistently exporting more goods to the US than what they import from the US, American businesses need to buy more Japanese yens, than the amount of US dollars that Japanese businesses need. Therefore an increase in the demand of Japanese yens will need into a price increase of that currency.

8 0

3 years ago

Which of the following was the fourth leading cause of deaths in the construction industry in 2005? A. Being struck by something

artcher [175]

I think the correct answer from the choices listed above is option D. The fourth leading cause of deaths in the construction industry in 2005 would be getting <span>caught or between two objects. Number one would be due to falls. Hope this answers the question. Have a nice day.</span>

7 0

3 years ago

You are analyzing ABC Company, a computer manufacturer. You notice that inventory turnover this year is significantly lower than

nexus9112 [7]

Answer:

ABC Company

1. Observation: Current year's inventory turnover is significantly lower than those of previous years.

Explanations:

1. Lower inventory turnover implies weaker sales for the current period than those of previous years.

2. Lower inventory turnover results from excessive inventory, which increases storage costs and interest expenses.

3. The ratio may also indicate that the demand for the product is declining rapidly. Many reasons can be adduced for this situation. Little marketing efforts, bad product, and lack of product competitiveness.

a) The formula for computing the inventory turnover equals Cost of goods sold/Average Inventory. The ratio shows the number of times goods are sold in a period. When goods are sold more frequently, sales activities increase, including revenue and profit.

2. Observation: Also current year's accounts receivable turnover is significantly lower than in previous years.

Explanations:

1. Billing inefficiency can contribute to lower accounts receivable turnover.

2. Poor credit policy may give rise to inefficient collection process, excessive bad debts, long credit days, bad customers, and lack of incentives to customers to settle their invoices.

3. Lastly, lower accounts receivable turnover may point to declining demand of the product by customers.

b) The formula for calculating the accounts receivable turnover is Net Credit Sales divided by Average receivables. The ratio determines the effectiveness of the company's credit policy.

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3 years ago