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kap26 [50]
3 years ago
12

Altonland Inc., a pharmaceutical company based in the United States, generally appoints a U.S. national as the head of its forei

gn subsidiaries for the first few years after a subsidiary is established. The company has been following this practice from the time it started its overseas operations.
The given scenario illustrates ___________.
Business
1 answer:
In-s [12.5K]3 years ago
7 0

Answer: The correct answer is "the informal rules of the game".

Explanation: The given scenario illustrates <u>the informal rules of the game.</u>

<u>Because despite not being an official standard, it is an informal rule that the company tends to follow because it gives good results, and is backed by the organizational culture of the company.</u>

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Trout Lumber Yard has a current accounts receivable balance of $447,516. Credit sales for the year just ended were $8,105,305. a
musickatia [10]

Answer:

Trout Lumber Yard

a. The receivables turnover = Net Credit Sales/Average Receivables

= $8,105,305/$447,516

= 18 times per year

b. The Days' Sales in Receivables = Average Receivables/Credit Sales * 365

= $447,516/$8,105,305 * 365

= 20.15 days

c. On the average, it took 20.15 days (365/18.11) for credit customers to pay off their accounts during the past year.

Explanation:

a) Data and Calculations:

Accounts receivable balance = $447,516

Credit sales for the year just ended = $8,105,305

The receivables turnover = Net Credit Sales/Average Receivables

= $8,105,305/$447,516

= 18.11 times

The Days' Sales in Receivables = Average Receivables/Credit Sales * 365

= $447,516/$8,105,305 * 365

= 20.15 days

8 0
3 years ago
The value of an asset is determined by discounting the future cash flows generated by the asset using the:
Nadusha1986 [10]
The value of an asset is determined by discounting the future cash flows generated by the assets using the DISCOUNTED CASH FLOW ANALYSIS. Dis counted cash flow analysis is used to value projects, assets or companies using the concept of the time value of money. This method is used to determine the attractiveness of an investment.
5 0
3 years ago
The federal legislation that replaces nclb, and articulates broad national goals and serves to guide much of federal educational
marin [14]

The federal legislation that replaces NCLB articulates broad national goals, and serves to guide much of federal educational funding is <u>ESSA</u>

<h3>What is ESSA?</h3>

President Lyndon B. Johnson signed the Elementary and Secondary Education Act into law in 1965. (ESEA). Johnson's War on Poverty was renewed in December 2015 as part of the Every Student Succeeds Act, which enjoyed significant bipartisan support (ESSA). Equal access to education and closing opportunity gaps are two issues that ESSA prioritizes above all others since they begin before children enter the K–12 system.

The nation's comprehensive K–12 education laws, which recognize the value of early childhood education (ECE) in ensuring kids are ready for kindergarten and do not fall behind later in life, for the first time incorporate early learning across the law.

This includes the Preschool Development Grant Birth through Five program (PDG B-5)—the first-ever funding source specifically designated for early childhood education—which offers states competitive grants to enhance ECE coordination, quality, and access.

Even though the No Child Left Behind Act of 2001, the predecessor to ESSA, permitted investments in early learning, ESSA significantly increases the importance of early learning in the law by encouraging service coordination among communities, encouraging greater alignment with the early elementary grades, and increasing ECE knowledge and capacity among teachers, leaders, and other staff members who work with young children.

Thus, ESSA is doing a great job and this has increased the literacy rate too.

For more information on ESSA, refer to the given link:

brainly.com/question/15444352

#SPJ4

6 0
1 year ago
Scientific endeavors only come from the desire to meet societal needs
ch4aika [34]
This is a positive statement
4 0
3 years ago
Western Company is preparing a cash budget for June. The company has $12,000 in cash at the beginning of June and anticipates $3
Leto [7]

Answer:

b. Borrow $2,500

Explanation:

Preliminary balance = $12,000 + 30,000 - $34,500 = $7,500

Amount to borrow = Minimum cash balance - Preliminary balance = $10,000 - $75,000 = $2,500

Therefore, to maintain the $10,000 required balance, during June the company must $2,500.

8 0
3 years ago
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