Answer:
A Commercial Driver License
Explanation:
When a person or an individual, who needs to drive the bigger vehicles of the company, that person or an individual needs or require to have a commercial driver license, which make the person authorize to drive the car. As the law, states, that the person should have a commercial license.
Therefore, Ryan's dad, who wanted to be get promoted, he needs to drive the bigger vehicles of the company, for that he needs or require the driver license and it is to be commercial one.
Answer:
$420,000
Explanation:
Given the above information,
Dividend
= $75,000 × 40%
= $30,000
Share in income
= $375,000 × 40%
= $150,000
Balance in investment account
= Beginning balance + Share in income - Dividend
= $300,000 + $150,000 - $30,000
= $420,000
Therefore, the balance in Madison's equity method investments - Jay Corporation accounts as of December 31 should be $420,000
Answer:
c) Without additional information, we cannot be certain whose portfolio beta is greater.
Explanation:
When comparing portfolios of the same security composition but different weights we need to know the beta of each security in order to make a valid comparism between the two securities.
Beta is defined as a measure of the volatility of a security compared to the whole market. It considers the systemic risk and the expected returns from a security or portfolio.
In determining beta we compare against a particular benchmark.
Since more information is not given on the securities and their weights in the two portfolios we cannot determine which one has a higher beta.
Answer:
C) highly specialized departments.
Explanation:
Highly specialised department are formed when professionals are grouped in a department and decisiin-making that affects that arm of the business is done within the department to meet set targets.
In this business structure employees have more power to influence everyday operations, while major decisions that affect overall goals of the business are taken by top management.