Answer: the above statement is true to some extent. Most of the businesses today are either cooperates or limited liability companies. This is because, many businesses try to remove the personal risk associated when running a business venture. Hence, they convert it into a limited liability business so the risk is only limited to the amount they invest.
However, there are still some business that are running on a smaller scale and have unlimited liability.
Answer:
Debt ratio
94.16%
5.84%
Equity multiplier
17.13%
1.06%
Explanation:
The debt ratio can be calculated as follows
Lots of debt incorporation= total liability/total assets.
= 32.25/34.25
= 0.9416×100
= 94.16%
Lots of equity incorporation= 2.00/34.25
= 0.05839 × 100
= 5.84%
The eqiuty multiplier can be calculated as follows
Lots of debt incorporation= equity/multiplier
= 34.25/2.00
= 17.13%
Lots of equity incorporation= equity/multiplier
= 34.25/32.25
= 1.06%
Answer:
TRUE
Explanation:
Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.
If the customers does not wish to pay the price, then there is no value.
So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.
Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.
Answer:
Balanced Scorecard is a good measure for company's performance.
A list of measures is given against which American Express Company's performance can be measured which will benefit the company in improving their services and discarding if any service is not being benefited by their customers.
Each Key performance indicator needs to have a good measure of performance, so that the performance can be calculated easily.
Explanation:
Balanced Scorecard is a good measure for company's performance.
A list of measures is given against which American Express Company's performance can be measured which will benefit the company in improving their services and discarding if any service is not being benefited by their customers.
Each Key performance indicator needs to have a good measure of performance, so that the performance can be calculated easily.
