Answer:
Fixed-charge coverage ratio
Explanation:
The fixed-charge coverage ratio can be regarded as a rato that gives the measurements of the ability of a firm have to cover all her fixed charges. These fixed charges could be expense as well as debt payments and interest. It displays the wellness that earnings of a company has to cover its fixed expenses. This ratio is considered by bank before they lend money to a business. It should be noted that Fixed-charge coverage ratio measures the number of dollars of operating cash available to meet each dollar of interest and other fixed charges that the firm owes.
Answer:
$3,100
Explanation:
Step 1: Draw up the Accounts Receivable Account
Opening Balance $600 Allowance for Doubtful debt $200
Sales $3,200 Cash Collected $3,100
Closing Balance <u>$500</u>
<u>$3,800</u> <u>$3,800 </u>
To calculate the cash collected from customers
first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800
Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700
Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100
$3,100 was cash collected from the customers in 2016
Action which is most likely to constitute a typical significant impediment to averting and responding to a crisis is (C) employees who are lower in the hierarchy find it hard to question their superiors.
<h3>
What is hierarchy?</h3>
- A hierarchy is a type of organizational system in which elements are prioritized in order of importance.
- The majority of governments, organizations, and organized religions are hierarchical in nature.
- So, employees who are lower in the hierarchy find it hard to question their superiors.
- The corporate ladder is an example of hierarchy.
- Lower-level employees find it difficult to question their supervisors.
<h3>Who are superiors?</h3>
- In any type of hierarchy or tree structure, a superior is an individual or position higher in the hierarchy than another, and hence closer to the peak.
- Superiors in business are supervisors, while superiors in the military are those higher in the line of command.
Since lower-level employees find it difficult to question their supervisors.
Therefore, the correct option is (C) employees who are lower in the hierarchy find it hard to question their superiors.
Know more about Japanese corporate culture here:
brainly.com/question/14243361
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Complete question:
In Japanese corporate culture, which action is most likely to constitute a typical significant impediment to averting and responding to a crisis?
a) Decisions are generally taken by lower-level employees who directly deal with the problem.
b) Negotiations are avoided at any cost.
c) Employees who are lower in the hierarchy find it hard to question their superiors.
d) The process of decision-making is extremely complex and time-consuming.
e) Employees like to work on their own rather than in a group.
Answer:
A) The GAAP statement is based on cost function rather than cost behavior.
Explanation:
Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.
While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?
Answer:
$4700 Billion
Explanation:
Solution
Given that:
Assume that full-employment level of output is =$5000 billion
Natural employment rate is =5%
Current unemployment rate = 8%
Now,
We find the current level of output according to Okun's law when the Okun's law coefficient is 2 which is given below:
2 (unemployment rate -natural unemployment) = potential GDP - actual GDP/potential GDP *100% this is known as the Okun's law
Thus
2( 8 - 5 ) = 5000 - actual GDP / 5000 * 100
or (6 * 5000 ) / 100 = 5000 - actual GDP = $4700 Billion
or
300 = 5000 - actual GDP
Hence, the actual GDP or current output = 5000 - 300 = 4700 $ billion