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arlik [135]
3 years ago
13

The Morgan Company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and pr

oduction departments. This is an example of departmentalization by:________
A) ​location.
B) ​specialty.
C) ​product.
D) ​taste.
E) ​function.
Business
1 answer:
xxMikexx [17]3 years ago
8 0

Answer: Function

Explanation:

The Morgan Company have put in place departmentalization by function, where seperate departments/units are formed in the organisation based on the function they perform. The departmentalization by function ensures each department of an organization is focused on a certain role, with each department of the organization Performing their role in such a way that the organizations objectives are met.

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Saint Nick Enterprises has 17,500 shares of common stock outstanding at a price of $69 per share. The company has two bond issue
mihalych1998 [28]

Answer:

total weight of debt = 0.343 or 34.3%

Explanation:

stock's market value = 17,500 x $69 = $1,207,500

bond₁'s market value = $250,000 x 101.5% = $256,750

bond₂'s market value = $350,000 x 106.5% = $372,750

total market value of the firm = $1,837,000

weighted capital structure:

                                       market value            weight

stocks                             $1,207,500               0.657

bond₁                              $256,750                  0.140

bond₂                              $372,750                  0.203

total                                $1,837,000                 1

total weight of debt = 0.343 or 34.3%

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A bond with 15 detachable warrants has just been offered for sale at $1,000.00 . The bond matures in 25 years and pays a semi-an
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