Answer: All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they "(B) can launch competitive actions more quickly."
Explanation: Smaller companies can launch competitive actions faster because being smaller, communication is much faster, and decision-making involves fewer interested people who may differ in opinions to direct competitive strategies.
Answer:
Explanation:
Sales revenue to be reported - $1,000,000
Warranty expense - $40,000
Unearned warranty revenue - $12,000
Cash = 1,000,000+12,000 = $1,012,000
Warranty liability - $40,000
I think the missing word is Plan but I'm not sure.
Answer:
Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.
Explanation:
Old Net profit margin = Net income/ Revenue
= $10,600/$205,000
= 5.170731707%
Old ROE = Net profit margin*Asset turnover*Equity multiplier
= 0.0517*1.33*1.75
= 12.03487805%
New net income = $10,600 + $10,250
= $20,850
New net profit margin = $20,850/$205,000
= 10.17073171%
New ROE = 0.1017*1.33*1.75
= 23.67237805%
Change in ROE = New ROE – Old ROE
= 23.67237805% - 12.03487805%
= 11.6375%
Therefore, Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.
In a multinational corporation (MNC) where the locus of decision making is decentralized, decisions are made at the top management level.
<h3>What is
multinational corporation?</h3>
multinational corporation serves as one that has different level of management.
Multinational companies are usually involvea in international trade taking into consideration the
political as well as cultural differences into account.
Examples of these corporation are:
- Coca-Cola
- Philip Morris's Marlboro brand
- Pepsi
In this case, decisions are made at the top management level in other to achieve the goals of the organization because they do operate outside their country.
Learn more on multinational corporation at: brainly.com/question/494475
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