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3 years ago

15

Companywide objectives set by the strategic-planning group are more likely to be achieved than those set just by the ceo. (point

s : 1) true false

1 answer:

12345 [234]3 years ago

4 0

It seems to me that this question is not hard at all lol the answer is true

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What is a sercured loan

VARVARA [1.3K]

Answer:

Secured loan is as below

Explanation:

A secured loan is money that you borrow by offering an asset as collateral. The lender will hold on the asset until the full loan amount is paid back. A secured loan is a good option when borrowing a large amount of money. It attracts low-interest rates.

Lenders consider secured loans less risky because the customer provides a valuable asset as a back-up should they fail to repay. Homes and land are the most common properties used as collateral for secured loans.

6 0

3 years ago

Joe is one of the lead accountants for his company. Last month he was pressured to prepare the financial reports more quickly th

Minchanka [31]

Answer:

Explained.

Explanation:

Joe being the lead accountant for his company so, he prepares the financial reports.

Joe made mistakes in financial report making his manager angry because the resources at the Joe's company are limited and financial report that are timely and reliable would have helped the company to attract some financial investment.

6 0

3 years ago

Expenses recognition Sun Microsystems uses the accrual basis of accounting and recognizes revenue at the Lime it sells goods or

s2008m [1.1K]

Answer:

Sun Microsystems

Amount of Expenses to recognize during the months of June, July, and August in each of the following transactions:

a. Rent Expense = $30,000

b. Utility Expense = $4,650

c. Supplies Expense = $9,700

d. Property Taxes = $1,800

e. No expense is recognized.

f. Salary Expense = $4,500

g. Advertising Expense = $6,600

Explanation:

Data and Calculations:

a. Rent Expense = $180,000/12 * 2 = $30,000 Rent Prepaid $150,000

b. Utility Expense $4,560

c. Supplies Expense $9,700 ($12,600 - $2,900)

d. Property Taxes = $7,200 *3/12 = $1,800

e. No expense is recognized for the advance payment for delivery van.

f. Salary Expense $4,500

g. Advertising Expense $6,600

4 0

3 years ago

The GAP is a global clothing retailer for men, women, children, and babies. The following information is taken from The Sap's fi

Alexxandr [17]

Answer:

The GAP

a. Cost of goods sold = $10,364

b. Cash paid to suppliers = $10,409

Explanation:

a) Data and Calculations:

Selected Balance Sheet Data

($ millions) 2015 2014

Inventories $1,918 $1,844

Accounts Payable 1,157 1,128

Purchases during 2015 = $10,438 million

b) Cost of goods sold:

Beginning inventory $1,844

Purchases 10,438

Goods available $12,282

Ending inventory (1,918)

Cost of goods sold $10,364

c) Accounts Payable:

Beginning balance $1,128

Purchases 10,438

Less ending balance 1,157

Cash paid to suppliers $10,409

3 0

3 years ago

Why does the market portfolio include all risky assets?

Bezzdna [24]

Under the CAPM, all investors hold the market portfolio because it is the optimal risky portfolio. Because it produces the highest attainable return for any given risk level, all rational investors will seek to be on the straight line tangent to the efficient set at the steepest point, which is the market portfolio. Branliest would be nice (:

6 0

3 years ago