Answer: Contingent theory
Explanation:
The Contingent theory of management believes that management cannot possibly know the best way to manage the activities of a company because things could go wrong at any time.
The theory goes further to suggest that the best bet that a company has is to try to align its internet environment to its external environment. In other words, it should align its corporate culture with the culture of the environment that it is based in.
Answer:
will, real economic growth is positive in the long run.
Lower; creditors to debtors.
Explanation:
Theory of money is the economical view that the inflation is dependent on the money supply in the country. When the money supply is higher then inflation will be lowered and purchasing power of the consumer will be high. When inflation is set to a minimum possible rate then real economic growth will be positive in the long run and negative in the short run.
Answer:
Points
Explanation:
Mortgage points or discount points are prepaid interest available when obtaining a mortgage.
When a lender charges the borrower points he is in effect increasing the yield on the loan above the interest rate agreed on the loan.
Borrowers can also offer points to the lender to obtain a reduced interest rate and reduced monthly payment in exchange for upfront payment of points.
The correct answer to this open question is the following.
We can help you with the four cases of financial misconduct.
So the four types of ethical misconduct in financial transactions are
1.- Fraudulent Financial Reporting. This is when the top company management lies about financial statements. These companies cheat on the investors of the company for a particular agenda. It also can be the case when top management tries to keep the share price of the corporation.
2.- Stealing, today technically called Missaprpriation of Assets. In this case, employees use the company's assets for personal reasons. The employee even can steal money from the company's accounts.
3.- Bribering. A member of the company bribes a government official in order to have influence in some regulations.
4.- Disclosure. A member of the company discloses important information considered private or "Top Secret," trying to create a personal advantage or for a competitor.
Answer:
The company's days' sales in receivables is 22 days
Explanation:
In order to calculate the company's days' sales in receivables we would have to calculate first the total sales with the following formula:
Total Sales = Net Income / Profit Margin
= $190,000/9.4%=$2,021,276
Hence, Credit Sales = $2,021,276*0.85= $1,718,085
Accounts receivable turnover ratio = Credit sales / Accounts Receivable
= $1,718,085 /$106,351
= 16.15485
Therefore, Days sales in receivables = 365/16.15485= 22.59 days
The company's days' sales in receivables is 22 days
