Answer:
"The firm has high credit risk" is the correct answer.
Explanation:
- A Z-Score exceeding 2.99 indicates an organization becomes focused mostly on the economic projections throughout the safe space. Throughout the Grey Zone, a Z-Score among 1.8 as well as 2.99 means that there is indeed a reasonable possibility that the business will go bankrupt throughout the next 2 years.
- In the meantime, mostly in Distress Zone, just one Z-Score under 1.80 suggests a high likelihood of discomfort during this timeframe.
Answer:
Debit to bad debts expense in the amount of $5,000
Explanation:
The computation of the bad debt expense is shown below:
= Credit sales × estimated percentage given
= $500,000 × 1%
= $5,000
The journal entries are also shown below; for better understanding
Bad debt expense A/c Dr $5,000
To Allowance for doubtful debts $5,000
(Being bad debt expense is recorded)
The other information which is given in the question is not relevant. Hence, ignored it
Answer:
Contribution margin per unit= $15.8
Explanation:
Giving the following information:
Direct Materials $4.85
Direct Labor $4.70
Variable manufacturing overhead $1.65
Selling price= $27
The contribution margin per unit is calculated by deducting from the selling price the direct material, direct labor, and variable overhead:
Contribution margin per unit= 27 - 4.85 - 4.7 - 1.65= $15.8
Currency exchange rates based on many different factors. These factors are interest rates, inflation, public debt, deficits, terms of trade and political stability or the economic performance. Due to the many factors that affects currency exchange rate, it is almost impossible to predict where it is heading.
Answer:
E. goal incompatibility.
Explanation:
Analyzing the scenario above, it is possible to see that the cause of the conflict is due to incompatibility of goals, that is, there are different objectives and goals between the teams and organizational departments, which causes a lack of consensus that culminates in the conflict.
This is a negative situation for the company, which is a set of systems that must operate in favor of the same objectives and goals. in order to listen to all the parties involved, and then start from a principle where everyone feels heard and integrated in the development of organizational goals, creating an environment of trust and positive relationship in the company.