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OLEGan [10]
3 years ago
13

In December 2008, Hawaiian Telecom took action to strengthen its balance sheet by reducing debt. Although the company continued

to operate, its creditors could not collect their debts or loan payments that were due prior to the legal action that the company took. However, on November 30, 2009, the company had $75 million in cash on hand.
This is an example of:
1. Reorganization
2. Liquidation
Business
1 answer:
Liono4ka [1.6K]3 years ago
4 0

Answer:

1. Reorganization

Explanation:

The reorganization is the position where the firm wants to restructure its business so that the company could able to improve its profitability by making good decisions, proper working in the organization, resource utilization, etc

While at the same time the liquidation is the winding up of the company or shut down of the company due to high losses suffered in the business

Therefore in the given case, since the Hawaiian telecom took an action  for better off the balancing sheet by decreasing debt that represents the reorganization example

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Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key
Alenkasestr [34]

Attracting and retaining employees with the skills, abilities, and experience  is a key component of a<u> human resource</u> management system.

<h3>What is human resource management system?</h3>

Human resource management system  has to do with carrying out specific function such as effectively managing everything that has to do with human resource.

Human resource management system is important for companies as it enables them to choose employees  that has the best skills and experience to move the company forward so as to enable the company  achieve their goals.

Therefore attracting and retaining employees  is a key component of a<u> human resource</u> management system.

Learn more about Human resource management system here:brainly.com/question/21976973

6 0
2 years ago
An analyst with a national ratings agency is concerned about a firms ability to meet its short term obligations. To evaluate the
Semmy [17]

Answer:

a. Balance Sheet

Explanation:

The balance sheet reports the total assets, total liabilities and stockholder equity.  

The total asset is comprised of the current asset, fixed assets, and the intangible asset

The total liabilities comprise of current liabilities and long term liabilities

The aim to make the balance sheet is to analyze the liquidity, financial performance, position of the company

Whereas the cash flow statement shows the inflow and outflow of cash and the income statement records total revenues and total expenditures.  

8 0
3 years ago
Bolt Corp. acquires equipment valued at $81,630 by signing a 3-year noninterest-bearing note payable for $100,000. Calculate the
Serga [27]

Answer:

7%

Explanation:

Calculation for the implicit interest rate on the note

First step is to calculate the PV factor

PV factor=$81,630/100,000

PV factor = 0.81630

Last Step is to find the implicit interest rate by using the PV table for 3 years to find the factor that matches the PV factor of 0.81630

Hence the factor that matches the PV factor of 0.81630 can be found or see in the 7% column which means that the implicit interest rate will be 7%

Therefore the implicit interest rate on the note will be 7%

4 0
3 years ago
Man is termed an 'economic animal' because he a) has the ability to understand economic activities b) lives a life which is gove
Vinvika [58]

Answer:

The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.

Explanation:

that should help

5 0
2 years ago
The fixed cost of conducting the four promotions is estimated to be 18000 dollars with a variable cost of 3.75 dollars per custo
mote1985 [20]

Answer:please refer to the explanation section

Explanation:

The Question is incomplete. the question requires us to calculate minimum number of customers required to cover costs of promotions, to calculate the minimum number of customers required we need a price per customer. let us assume the price $6

Variable costs  = $3.75

Fixed costs = $18000

Minimum Customers Required = Fixed costs/(Price - Variable cost)

Minimum Customers Required = 18000/6 - 3.75 = 8000

8000 customers are required

4 0
3 years ago
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