Answer:
True
Explanation:
This is true since acceptance strategy is a risk management technique in which small risks with little impacts on the organization are identified but not curtailed just because the impacts of such identified risks are not beyond what the company can bear.
Thus, possibly rendering the managers unable to conduct proactive security activities and portray an apathetic approach to security in general.
Answer:
times-interest-earned ratio will be 3
So option (a) will be correct answer
Explanation:
We have given total sales = $400000
Operating expenses = $362500
And interest charges = $12500
So earning before interest and taxes = sales - operating cost = $400000 - $362500 = $37500
We have to find the times-interest-earned ratio
So times-interest-earned ratio is given by
times-interest-earned ratio = 
So option (A) will be correct option
Answer:
The correct option here is A).
Explanation:
Option A - is correct because according to the conclusion given in the argument, charitable institutions would have to reduce their services and some might have to close their doors , which means the assumption we are going to take will have a direct affect on these institutions , now if we assume that this assumption is false, that means whether this change comes or not charitable institutions will receive donations but that is not the case , so this option has to be correct.
Option B - this option is not right because it is nowhere said that these wealthy individuals are the only source of donations for charitable institution.
Option C - this option is also not correct because here no assumption is being made, the given statement is a consequence of not bringing the change.
Option D - this option is also not correct because there can be other individuals who can make donations.
Option E - this option is also not correct because here an alternative change to tax law is being talked about not the assumption of the argument.
Answer:
At the rate of return of 18%, the purchase of the new machine is not convenient.
Explanation:
Giving the following information:
Simone Company is considering the purchase of a new machine costing $50,000. It is expected to save $9,000 cash per year for 10 years, has an estimated useful life of 10 years, and no salvage value. Management will not make any investment unless at least an 18% rate of return can be earned.
We need to find the net present value using the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
NPV= -50,000 + 9,000/1.18 + 9,000/1.18^2 + 9,000/1.18^3 + ... + 9,000/1.18^10
NPV= -9,553
At the rate of return of 18%, the purchase of the new machine is not convenient. It will produce a loss in value.
Answer:
Cash collected from customers =$574,000.
Explanation:
The cash collected ca be worked out using the formula below:
<em>Opening balance of account. receivable + sales on account - Closing balance of account receivable</em>
<em>Note that addition credit sales increases the amount in the receivable account.</em>
So we can apply this formula as follows:
112,000 + 560,000 - 98,000
= $574,000.
Cash collected from customers =$574,000.
