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3 years ago

Successful firms of today would ?

1 answer:

8 0

The correct answer that would best complete the given statement above would be: EMBRACE CHANGE. Successful firms today would embrace change. Hope this answer helps.
This question supposed to have given options which are the following:
a.embrace change
b.focus on generating short-term profits
c.take risks
d.avoid new opportunities if what they are currently doing works well.
Thank you for posting your question.

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Selected data from Emporia Company follow: Balance Sheets As of December 31 2018 2017 Accounts receivable $ 600,000 $ 480,000 Al

svet-max [94.6K]

Answer:

Compute the accounts receivable turnover for 2018.

4.29 times

Compute the inventory turnover for 2018

3.6 times

Compute the net margin for 2017.

24.58%

Explanation:

Compute the accounts receivable turnover for 2018.

accounts receivable turnover = Sales / Accounts receivable

= $ 2,400,000 / $ 560,000

= 4.29 times

Compute the inventory turnover for 2018

Inventory turnover = cost of Sales / inventory

= $1,800,000 / $ 500,000

= 3.6 times

Compute the net margin for 2017.

net margin = Net Profit / Sales × 100

= (2,400,000-1,810,000) / 2,400,000 × 100

= 24.58%

3 0

3 years ago

What is the current yield on a zero coupon bond with a remaining life of 4 years, a yield to maturity of 10.8%, and a par value

Tanya [424]

Answer:

$663.5

Explanation:

given that

number of years remaining = 4 years

yield to maturity ratio = 10.8% = 1.108

Par value = $1000

Current yield takes a look at the current price of a bond, instead of looking at it from a face value. That being said, it can be calculated mathematically as

Current yield = 1000 / 1.108^4

Current yield = 1000 / 1.507

Current yield = $663.5

Therefore, the current yield from the question we are given, is found to be $663.5.

I hope that helps

8 0

3 years ago

Bill has been adding funds to his investment account each year for the past 3 years. He started with an initial investment of $1

Nookie1986 [14]

Answer:

2.96% will be effective rate of the investment

Explanation:

First year:

1,000 x 1 + 10%) = 1,100

Second year:

1,100 + 3,000 = 4,100 invesmtent balance

4,100 x (1 - 5%) = 3,895

Third year:

3,895 + 2,000 = 5,895

5,895 x (1 + 2%) = 6012.9

Fourth year:

6012.9 + 500 = 6512.9

6,512.9 x (1+ 8%) = 7033.932

We calcualte rate that is equivalent with the following cash flow:

$1,000 (1+r)^4 + 3,000 (1+r)^3 + 2,000(1+r)^2 + 500(1+r) = 7,033.93$

We solve using excel goal seek

0.029646151

6 0

3 years ago

In the for-profit business world, decisions to spend money must pass a "cost versus benefit" test, but for nonprofit arts organi

Zinaida [17]

The cost versus benefit test will not act as a good factor to measure tangible achievement.

Explanation:

Most of the Non-profit organization has a focus on welfare activities. The benefits can be influenced only by the subjective fulfillment of benefits. Executive members of all trusts are not able to calculate the benefits attained through welfare operations. Such a parameter system of identifying the beneficiaries' prospects of end-users is known as Intangible achievement.

The tangible achievement always lies in the status of invisible movements of each welfare operations. But each step of inducing the effects of cost versus benefit test does not suit to provide the effective to identify the tangible achievements.

3 0

3 years ago

According to the National Business Ethics survey, if senior management in a company wants to boost or ensure ________ ________,

liq [111]

Answer:

- Ethical Behavior.

Explanation:

The National Business Ethics Survey revealed that senior management is required to begin with taking the responsibility and enforcement in case they are willing to improve 'ethical behavior' in the company. Ethics begins with taking the accountability of the actions or decisions taken as it encourages fellow employees to follow the norms or policies of the company. It promotes maintaining the moral conduct and standards of the company. This would assist in preventing discrimination and fulfilling corporate responsibilities.

6 0

3 years ago