Answer:
D) normative control
Explanation:
In business, normative controls refers to the practice of managing human resources using actions that shape their behavior. This type of approach focuses on behavior standards or norms more than on actual written policies. Sometimes the norms can even be informal, but that doesn't mean that they are less important.
In this case, Curtis pays a lot of attention to how his employees treat their customers and trains them to do it a certain way that he considers to be effective.
Answer:
In order to reduce taxable income and at the same time meet the customer's need for a large cash down payment, you should advice him to invest in stocks. The stock market generally yields high returns and since the customer is young, he can afford the risk. Also, and probably most important, capital stock gains are taxed at a much lower rate than interest income (vs investing in bonds).
Answer:
The right solution is "35.39".
Explanation:
Given:
Profit margin,
= 11.50%
or,
= 0.115
ROA,
= 6.5%
or,
= 0.065
Sales,
= $20 million
As we know,
⇒ 
or,
⇒ 
hence,
The total asset will be:
⇒ 
or,
⇒ 
Answer:
Net working capital to fixed assets = 0.50678 rounded off to 0.51
Explanation:
The value of total assets can be calculated by adding the value of current assets and the value of fixed assets.
Total assets = Current Assets + Fixed assets
Total assets = (7950 + 1263 + 3907) + 8400
Total Assets = $21520
The working capital is the difference between the value of current assets and the value of current liabilities.
Net Working capital = Current assets - Current Liabilities
Net working capital = (7950 + 1263 + 3907) - 2214
Net Working capital = $10906
The ratio of net working capital to fixed assets can be calculated by dividing the value of net working capital by the value of the fixed assets.
Net working capital to fixed assets = 10906 / 21520
Net working capital to fixed assets = 0.50678 rounded off to 0.51
