Answer:
The message should be brief and indirectly imply the refusal.
Explanation:
When refusing an applicant's request; it's standard practice to be polite and brief. Less words are very much commendable, to avoid emotion. Also, communication should be positive and respectful.
Answer:
Organizing involves assigning tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. ... Before a plan can be implemented, managers must organize the assets of the business to execute the plan efficiently and effectively.
cash coverage ratio: <span>
</span>
Earnings Before Interest
and Taxes + Non-Cash Expenses / Interest Expense <span>
16,085/(1-tx) = 16,085 / 0.60 = 26,808.33 <earnings before
taxes
add back interest of 3,896 and depreciation of 2,575 = 26,808.33
+ 3896 + 2575 = 26,808.33
solve:
26,808.33 / 3896<int exp = 6.88
<span>so cash was 6.88 x interest expense </span></span>
Answer:
19%
Explanation:
Calculation for what The internal rate of return on the investment in the tractor-trailer is closest to
First step is to calculate Factor of the internal rate of return (IRR)
using this formula
Factor of the internal rate of return(IRR)= Cost ÷ Additional Net annual cash inflow
Let plug in the formula
Factor of the internal rate of return(IRR)= $281,656 ÷ $76,000
Factor of the internal rate of return(IRR)= 3.706
Now let determine The internal rate of return on the investment
Based on the above calculation since Factor of the internal rate of return(IRR) for 7 years is 3.706 which means that the internal rate of return (IRR) will be 19%.
Or
The internal rate of return on the investment can also be calculated using below Excel formula
=RATE(7,$76,000,-$281,656)
IRR=19%
The internal rate of return on the investment in the tractor-trailer is closest to 19%
Answer:
Scott Bestor should confess his honest mistake.
Explanation:
Two of most important attributes that are required from an accountant are integrity and trustworthiness.
Refusing to tell the management his honest mistake in order not jeopardize his possible promotion is a short-run gain to him. But confessing his honest mistake has a long run gain as this will preserve his integrity and trustworthiness forever. In addition, it is unethical and a sign of disloyalty for an accountant not to disclose all the information relevant to the company based on his position as an account.
Therefore, Scott Bestor should confess his honest mistake rather than sacrificing his integrity and trustworthiness as well as the ethic of his profession for a short-term gain (i.e. promotion).
