Answer: D) $2.7 million
Explanation:
Debentures are sold per $1,000 which means that out of $30 million there are;
= 30,000,000/ 1,000
=30,000 bonds.
Each bond is entitled to 3 shares;
= 30,000 * 3
= 90,000 shares.
Price of $30
= 90,000 * 30
= $2,700,000
Answer:
Planning
Explanation:
Planning involves thinking ahead of time and making necessary preparations. As a management function, planning entails setting an organization's objectives and determining the path to follow to achieve them. Planning involves making logical preparations for moving an organization from where it is to where it wants to be.
Mr. Brown is planning how to establish his business. He is thinking of the measures he needs to put in place before the actual opening. Mr. Brown wants to have his financing and employee information sorted out well ahead of time.
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D.
2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor.
Answer:
C. Individuals
Explanation:
Indivudals do not own the factors of production.
Answer:
ROIC for firm HL = 11.25%
ROIC for firm LL = 11.25%
Explanation:
Given:
EBIT = $3,450,000
Tax rate = 25%
Invested capital = $23,000,000
Note that the information above is the same for both firms HL and LL. This implies that their ROIC will be the same as calculated below:
ROIC = (EBIT * (100% - Tax rate)) / Invested capital ……………………. (1)
Substituting the values into equation (1), we have:
ROIC = ($3,450,000 * (100% - 25%)) / $23,000,000 = 0.1125, or 11.25%
Therefore, we have:
ROIC for firm HL = 11.25%
ROIC for firm LL = 11.25%
