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3 years ago

The phrase "walk the talk" means:

Business

1 answer:

Nutka1998 [239]3 years ago

5 0

Answer:

The phrase walk the talk means To perform actions consistent with one's claims

In this case the answer is (C) that management lives the ethical standards established in the code of ethics as the management has to follow the ethical standards it set for itself.

Explanation:

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Selected balance sheet and income statement information for Oracle corporation follows.(required computations from the perspecti

tekilochka [14]

Answer:

(A) Compute learn on equity as follows:

Return on equity = (Net income/ Average stock holders’ equity) x 100

Return on equity = $9,938 / $47,771

Return on equity = 20.8%

Average stock holders’ equity = (48,663 + $46878)/ 2

Average stock holders’ equity = $47,771

Therefore, Return on equity is 20.8% 

(B) Compute return on vet assets as follows:

ROA = (Net income / Average total asset) × 100

ROA = ($9,938/100,585) × 100

ROA = 9.88%

Average total asset = (110,903 + 90,266) / 2

Average total asset = $100,585

Therefore, Return on net assets is 9.88%

(C) Compute return on net operating assets as follows:

Return on net operating assets = (Net Operating income after tax / Average operating assets) × 100

Return on net operating assets = ($9,938 + 1,037) × 100 / 53,991

Return on net operating assets = ($10,975 / $53,991) × 100

Return on net operating assets = 20.33%

Average Operating assets = ($56,535 + 51,447) / 2

Average Operating assets = $53,991

Therefore, Return on net operating assets is 20.33%

8 0

3 years ago

According to COSO, a system of internal controls is designed to provide reasonable assurance about the achievement of entity obj

kondor19780726 [428]

Answer:

The correct answer is: b, c and d.

Explanation:

Internal controls are are policies or processes put in place by the management arm of a company to ensure that the goals set by the firm are achieved both in the long term and short-term. These processes ensure safe custody of assets, reliability in financial information provided or used by the firm, compliance with regulations as well as effectiveness and efficiency in the day to day operations. With this in mind, maximisation of management compensation is not a goal of internal controls. According to COSO, there are 3 main goals of internal controls: to ensure effectiveness and efficiency of operations, reliability of financial reporting and compliance with laws and regulations.

4 0

3 years ago

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its rela

Vera_Pavlovna [14]

Answer:

Total Quality Management (TQM)

Explanation:

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is Total Quality Management (TQM)

Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.

There are several tools used in total quality management (TQM):

Continuous improvement.
Six Sigma.
Employee empowerment.
Benchmarking.
Just-in-time.
Taguchi concept.
Knowledge of TQM tools.

8 0

3 years ago

Men who tried the Gillette Fusion razor were so satisfied with it that 60 percent of them adopted the product permanently. Men w

Reptile [31]

Answer: Repeat

Explanation:

When the customers are adopting the product permanently and use in their daily life routine then, they known as the repeat purchasers. The repeat purchaser basically purchase the products very frequently.

The process of repeat purchasing basically indicate that the customer loyalty towards the particular brand and it maintain the customer relationship.

Therefore, if more than 60% of men purchasing the product Gillette fusion razor then they known as the repeat purchaser as they adopted the given product permanently.

6 0

4 years ago

The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Servi

ch4aika [34]

Answer:

Service Revenue 50,000 debit

Income summary 50,000 credit

--to close revenues accounts--

Income summary 34,000 debit

Salaries and Wages Expense 27,000 credit

Supplies Expense 7,000 credit

--to close expenses accounts--

Income summary 2,000 debit

Dividends 2,000 credit

--to close dividends account--

Income summary 14,000 debit

Retained Earnings 14,000 credit

Explanation:

To close the temporary accounts which are, revenues, expenses and dividends we will use an auxiliary account called Income Summary

Then, once all are closed we transfer their balance into retained earnings:

Income summary

DEBIT CREDIT

50,000

34,000

2,000

Balance 14,000

7 0

3 years ago