Answer:
d. In stable environments, the rate of environmental change is slow, whereas in dynamic environments, the rate of environmental change is fast.
Explanation:
In context of analyzing business environment, there are two forms of rate of change: stable and dynamic.
In stable environment, the rate of change is incremental i.e things change slowly. The movement from the present to the future is not rapid in a stable environment. Management can make a safe prediction in a stable environment because what works today will likely work tomorrow. Example of a business in a stable environment is restaurant or food industry.
In contrast, rate of change in dynamic environment is monumental. Things change fast in dynamic environment. There is no safe prediction that works today will work tomorrow. In a dynamic environment, management has to keep up with this fast change by drafting a flexible strategic plan.
So option D is correct : In stable environments, the rate of environmental change is slow, whereas in dynamic environments, the rate of environmental change is fast
All options are not fundamentally wrong in the context of the difference between a stable and dynamic environment.
Answer: funded status relative to the projected benefit obligation
Explanation:
A defined benefit pension plan is a pension plan type in which the employer promises to pay the worker a lump sum or a pension payment which is based on the earnings history, age and the tenure of service of the worker.
Since Seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pension asset/liability that will be equal to the funded status relative to the projected benefit obligation.
Answer:
3. Correctly ignored a sunk cost
Explanation:
Sunk costs refer to those costs which have been incurred in the past, which are non recoverable and which have no current or future benefits.
Sunk costs are considered as irrelevant for decision making process as they do not relate to current period and have no future implications. For example, research and development expenditure incurred in the past represents a sunk cost.
In the given case, the ticket for opera was already purchased for $100 which can now neither be recovered nor transferred. Thus this cost is irrelevant for decision making as expenditure has already been made. When Shen decided to go for a party instead of the concert, Shen has correctly ignored a sunk cost.
Answer:
66.36 days
Explanation:
Calculation of the days' sales in accounts receivable .
Using this formula
Accounts Receivable Turnover Ratio = [Net credit sales (Beginning net account receivable +Ending net account receivable)/2)]
Let plug in the formula
[$1,300,000/($270,000 + $202,000)/2)]
$1,300,000/($472,000/2)
=$1,300,000/236,000
=$5.50 Days' sales in receivables
= 365/5.5
= 66.36 days
Therefore the days' sales in accounts receivable will be 66.36 days
Answer:
it is consumer protective act
