Well i would say use a conventional loan but that is only for short term loans
Answer:
b. professional bureaucracy
Explanation:
Bureaucracy refers to a kind of organizational structure which is governed by a clearly defined authority and rigid rules and regulations alongside long chain of hierarchy and reporting, which makes decision making a time consuming affair.
As per Mintzberg, professional bureaucracy is characterized by standardization of skills coupled with vertical and horizontal decentralization of responsibilities.
Such form of organizational structure allows for greater degree of autonomy and control to the professionals w.r.t their work. Such a bureaucracy recognizes the authority of professional expertise instead of the authority of hierarchy.
Such form of organizational structure is usually followed by schools, hospitals and universities wherein, the professional expertise of doctors and teachers define the authority instead of a pre existing chain of hierarchy that dictates what one is permitted to do.
Answer and Explanation:
The calculation is given below:
a. The debt ratio is
= Total liabilities ÷ total assets
= $148,000 ÷ $270,000
= 0.5 times
b. The debt/equity ratio is
= Debt ÷ equity
= $148,000 ÷ ($270,000 - $148,000)
= $148,000 ÷ $122,000
= 1.21 times
c. The times interest earned ratio is
= earning before interest and taxes ÷ interest expense
= $81,000 ÷ $17,000
= 4.76 times
Answer: Area preference.
Explanation:
According to the question although the initial value of both Allen and Lewis property were similar, the siting of Lewis' condo makes it more valuable than Allen's, because it is closer to the city center. Therefore the economic characteristic at play in the question is that of area of preference, that's what separate the value of both properties.
