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Karolina [17]
3 years ago
9

Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events & Adventur

es, in Germany. Events & Adventures will be totally owned and controlled by Fun Times, which makes Events & Adventures a ________ of Fun Times.a. joint ventureb. total investment agreementc. strategic allianced. wholly owned subsidiarye. maquiladora
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
3 0

Answer:

The answer is d. wholly owned subsidiary

Explanation:

A wholly owned subsidiary is a company whose entire stock is held by another company, called the parent company. In this case Fun Times will own 100% of Events & Adventures'  common stock.

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A company purchased an asset for $3,600,000 that will be used in a 3-year project. The asset is in the 3-year MACRS class. The d
suter [353]

Answer:

$266,760

Explanation:

According to the problem, calculation of the given data are as follows,

Purchase value =  $3,600,000

Depreciation for 1st year = 33.33%

Depreciation for 2nd year = 44.85%

Depreciation for 3rd year = 14.81%

So,  Book value = Purchase value × ( 1 - depreciation of all years)

By putting the value we get,

Book Value = $3,600,000 × ( 1 - 33.33% - 44.45% - 14.81% )

= $266,760

6 0
3 years ago
What type of budget is used to forecast income and expense for ongoing business operations?
Kruka [31]

Answer:

The correct answer is: Operating budget.

Explanation:

An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.

4 0
3 years ago
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
ser-zykov [4K]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5: (i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

8 0
3 years ago
What is a dividend in business?
Mars2501 [29]
A dividend is a payment made by a corporation to it's shareholders usually as aa distribution of profits 
4 0
3 years ago
Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own informati
exis [7]

Answer: structural unemployment

Because the new firm no longer had need of her services, Paulina’s job was eliminated this kind of unemployment is called structural unemployment. This kind of unemployment is involuntary. This means that the person is willing and able to work but cannot find a job and such is the case with Paulina as well. Since her services were filled by someone else, this will be classified under structural unemployment .


6 0
3 years ago
Read 2 more answers
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