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viktelen [127]
3 years ago
11

Darg's team just had a research breakthrough. They'll need several thousands of dollars to complete the project. Darg has called

a series of meetings in which he's promoting the significance of the new discovery, explaining the economic benefits that will result from the final project, and answering questions. Darg is a(n) ________ within his company.
Business
1 answer:
Tom [10]3 years ago
3 0

Answer:

Idea champion

Explanation:

The reason is that the idea champion is the person who promotes creativity and change in the organization because he thinks that transformation is the root cause of success in the business environment. The idea champion is of the opinion that the companies that are reluctant to transform their operations, products, etc are more headed towards the risk of loss of reputation and brand recognition as it is today. So Idea champion promotes critical and creative thinking in the business environment which we can see in the given scenario that Drag is promoting transformational, critical analysis of the discovery and creative thinking of opting this change through raising questions and trying to answering the questions.

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Why might a business owner prefer to start a business in a laissez-faire economy?
tresset_1 [31]

Answer:Hello! i am figuring this question out for you you.

Explanation:

4 0
4 years ago
The Nelson Company has $1,875,000 in current assets and $625,000 in current liabilities. Its initial inventory level is $375,000
Trava [24]

Answer:

A) Short-term debt increase = 5,625,000

B) Quick Ratio= 0.24

Explanation:

a) Current Ratio = Current Asset (CA) / Current Liabilities (CL)

Acording to the current ratio formula, to calculate the amount of short-term debt increase, to the amount of current assets and current liabilities we must add an amount such that the result is 1.2.  

(1,875,000 + x) / (625,000 + x) = 1.2

(1,875,000 + x) = 1.2 * (625,000 + x)

 1,875,000 + x = (1.2* 625,000) + (1.2 x)

 1,875,000 + x = 750,000 + 1.2 x

 1,875,000 - 750,000 = 1.2 x – x

 1,125,000 = 0.2 x    

1,125,000 / 0.2 = x

x = 5,625,000

So the maximum that should be borrowed to buy inventory is 5,625,000

b) Quick Ratio = (Current Asset (CA) – Inventory (I) – Prepaid Expenses (PE))/Current Liabilities (CL)

For the Current Asset, the taken is 1,500,000 (1,875,000 - 375,000) because we don't include the original inventory and the maximum increase. For the current liabilities, we take 6,250,000 (625,000 + 5,625,000) that is the original amount add to the maximum increase

Quick Ratio = 1,500,000/ 6,250,000

Quick Ratio= 0.24

7 0
4 years ago
Which position is always staffed in ICS applications ?
Natali [406]
The answer is incident commander
4 0
3 years ago
Read 2 more answers
Which of the following statements about credit sales are true? (You may select more than one answer. Single click the box with t
podryga [215]

Answer:

The correct statements about credit sales are:

  • Accounts receivable arise from credit sales
  • Accounts receivable should be reported at net realizable value.
  • Revenue is reported when the company fulfills its promise to transfer control of a good or service to a customer

5 0
4 years ago
Assume a $1,000 face value bond has a coupon rate of 8.5 percent, pays interest semi-annually, and has an eight-year life. If in
fomenos

Answer:

Explanation:

In order to calculate he present value or worth of this bond we woulñd have to make the following calculations:

Face value (FV) $  1,000.00

Coupon rate 8.50%

Number of compounding periods per year 2

Interest per period (PMT) $ 42.50

Number of years to maturity 8

Number of compounding periods till maturity (NPER) 16

Market rate of return/Required rate of return per period (RATE) 5.00%

Therefore, Bond price= PV(RATE,NPER,PMT,FV)*-1

Bond present worth=$918.72

The present value or worth of this bond is $918.72

5 0
3 years ago
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