Answer: A) global approach; local approach
Explanation: An organizational structure of a firm is defined as a system that is employed to define hierarchy or ranking within the organization. It helps identifies each job, its function, where it reports to within the organization as well as superiority between employees based on their status, authority or some other trait. A structure when developed aims to establish how the organization operates to execute its goals.
While a global organizational structure is the way a company aims to merge local preferences with global strategy and also integrates activities on a coordinated worldwide basis, the local approach to organizational structure differentiates activities in each country served wherein the organization exists.
Answer:
Explanation:
1. Shareholder's Equity = 4 billion
shares outstanding = 60 million
Book value/ share = 4000/60 = $66.66/ share
Market value / Book Value = 1.7
Market value of stock = 1.7*66.6=$113.22
2. EBITDA or earnings before interest, taxes, depreciation and amortization
Enterprise value (EV) = Market value of equity . + Market value of debt. - Cash
=4bill + 8bill - 320million
=12 billion -320 million
=1.168 billion
Answer:
The correct answer is option a.
Explanation:
In a competitive market, there is no limitation on entry and exit, entry and exit are free. The firms in a perfectly competitive market are price takers. They have a horizontal line demand curve which also represents average revenue and marginal revenue.
The firms will enter the market in the long run if the price or marginal revenue is greater than average total cost. The firms will be maximizing their profits if the average total cost is equal to marginal revenue and price.
The firms will exit the industry if price and marginal revenue fall below the average total cost.
Answer: $800,000
Explanation:
Day sales Outstanding = 40 days
Annual sales = $7,300,000
Total days for the year = 365 days
We need to know the average sales per day which will be:
= $7,300,000 / 365
= $20,000
DSO = Account receivable / Average sales per day
40 = Account receivable / 20,000
Account receivable = 40 × 20,000
= $800,000
Therefore, the account receivable balance is $800,000
