If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is

EmployIT is a newly established recruitment company. It does not have adequate funds to rent out an office space for its employe

Semenov [28]

Answer:

This scenario illustrates that the employees are part of a virtual team

Explanation:

Virtual organizations are firms set up to address the issues of space and time shifts.

Space shift is the traditional arrangement where employees are meant to be located in one single location in order to effectively function together as teams.

Time shift is the timing barrier where employees are expected to liaise with one another at the same time.

Virtual organization is a break from the norm by ensuring individuals that are geographically dispersed and operating in different time zones function together as a team with the aid of advancement in technology.

4 0

3 years ago

An appraiser valued a subsidiary of Signal Co. at between $230 million and $260 million. One month later, Burmah Oil offered to

Goshia [24]

Answer:

No, because they violated the duty of care

Explanation:

Business judgement rule is a provision that protects the management of a business from frivolous legal action concerning the way it does business.

The court assumes that the management acts in good faith in its fiduciary role, standard of loyalty, prudence, and care.

Duty of care is breached when the management do not make reasonable effort to prevent injury or loss.

In this instance Signal board is not protected by the business judgement rule because they violated duty of care.

Although the offer by Burmah oil is above the valuation a month ago, the board did not bother to do a present valuation or find out if other companies want to buy the subsidiary at a higher price.

8 0

4 years ago

Word processing software allows users to do

julsineya [31]

Word processing software allows people to do many many things! You can create data heavy pieces of text, attach charts, add nice colourful shapes, and even include table sets of data.

Software such as Microsoft Word will allow you to do all of this, and more. You can format text, stylise text, design a document, add in datasets, etc. All of these capabilities allow you to have a full range of abilities in order to create a beautiful, great informative document. =)

5 0

3 years ago

Many Americans are selling their used cars and buying new fuel-efficient hybrids. Other things remaining the same, in the mark

Ann [662]

Answer:

Supply increases and price falls; Demand increases and price increases.

Explanation:

Other things remains the same,

If many Americans are selling their used cars, then this will lead to increase the supply of used cars in the market for used cars and shifts the supply curve rightwards. This shift in the supply curve will decrease the prices of used cars.

Now, Americans are buying new fuel-efficient hybrids which will increase the demand of hybrids in the market for hybrids and shifts the demand curve of hybrids rightwards. Therefore, this shift in the demand curve of hybrids will increase the prices of hybrids.

Note: Missing options are attached with the answer.

8 0

3 years ago

The following discussion focuses on the change in production and selling strategies of Timken Co., the Canton, Ohio, firm that i

Mamont248 [21]

Answer:

Timken Co.

a. Factors in the Economic Environment that contributed to Timken;s new strategy in 2002 and 2003 in addition to foreign imports at cheaper prices:

1. The needs of industrial business customers for integrated systems

2. Lowering of prices resulting from bundling

3. Addition of installation, maintenance, and engineering services, leading to increasing profits

b. The relationship of this strategy to bundling

1. Remaining in proximity with customers

2. Significant research and development

3. Flexible factories

4. Education of customers on product variety

c. Additional factors presented in this case are:

1. Customization

2. Means of making entity more indispensable to manufacturers

3. Uniqueness of products

4. Lobbying to stop dumping

Explanation:

a) Data and Calculations:

Share of the world market for bearings = 11%

Value of bearing imports in 2002 = $1.4 billion

Value of bearing imports in 1997 = $660 million

b) Companies engage in bundling by offering their main products together with several others together with services as a single combined unit. This strategy always lowers the bundled price when compared with the prices of the separate products and services. Thus, companies that sell bundled products and services often achieve more sales at the expense of profits.

3 0

3 years ago