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qaws [65]
3 years ago
15

Jeff is a top manager at a textile factory. He is developing a crisis plan to be implemented in the event that the company has a

toxic spill or similar industrial accident. Which issue should be addressed in the crisis prevention stage?
A. Designating a crisis management team
B. Building open, trusting relationships with key stakeholders
C. Designating a crisis management spokesperson
D. Setting up an effective communication system
E. All of the above
Business
1 answer:
Agata [3.3K]3 years ago
6 0

Answer:

E. All of the above

Explanation:

As the crisis when happens will effect the company as a whole. It basically destroys the entire working of the company.

Accordingly when developing a plan for the crisis the manager at top level shall be considering the entire organisation and even the basic steps to be implemented.

Thus, the case here shall include:

Developing a team which shall be called in case of any crisis and that the team shall have a pre-planned set of instructions.

Building and communicating such things to the stakeholders, so that they are also mentally prepared and helps the company succeed in such planning.

A person shall be announced as the leader or to whom such transactions shall be communicated first.

The communication shall be ensured to be effective in the entire organisation.

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5 0
3 years ago
Renfro Corporation’s bonds will mature in 10 years. The bonds have a face value of $1,000 and an 8% coupon rate, paid semiannual
sergiy2304 [10]

Answer:

Renfro Corporation

The bond's yield to maturity is:

= 0.067

The bond's current yield is:

= 0.073

The bond's capital gains yield is:

= -0.006

Explanation:

a) Data and Calculations:

Maturity period of bonds = 10 years

Face value of the bonds = $1,000

Coupon rate = 8% paid semiannually

Price of the bonds = $1,100

Yield to maturity (YTM) = (C + {(FV - PV)/t})/{(FV + PV)/2}

where C = Coupon interest = $80 ($1,000 * 8%)

FV = Face value of the bonds

PV = Present value or price of the bonds

t = number of years

YTM = ($80 + {($1,000 - $1,100)/10})/{($1,000 + $1,100)/2}

= ($80 + {(-$100)/10})/{($2,100)/2}

= ($80 + $-10/$1,050

= $70/$1,050 = 0.06667

= 0.067

Current Yield = Annual interest/Price

= $80/$1,100

= 0.073

Capital gains yield = YTM - Current Yield

= 0.067 - 0.073

= -0.006

8 0
3 years ago
The transactions demand for money is most closely related to money functioning as a
QveST [7]

Answer:

<h2>The function of money as <u>medium of exchange</u> is most closely related to the overall demand for monetary transaction.</h2>

Explanation:

  • The transaction demand for money basically reflects the overall demand for monetary transactions in the economy which is essentially determined by the respective demands for goods and services and how many times they are commercially exchanged or traded in various markets in the economy.
  • Therefore, the higher the commercial flow or movement of goods and services in the economy, the higher will be the demand for money in the economy.
  • Now,one of the important functions of money is medium of exchange meaning that it is practically accepted as an universal medium of exchange for buying and selling any product or service in any economy or country across the world.
  • Since, money is the only acceptable unit or medium of exchange for any commercial transaction or exchange, the demand for monetary transaction is also practically related to the money being used as unit or medium of exchange.
8 0
3 years ago
A typical grocery store in the United States may sell oranges grown primarily in California during part of the year and oranges
Rama09 [41]

In United States, the oranges are available round the year because the grocery stores sell oranges that are grown in locations with similar climates but different growing seasons.

<u>Explanation</u>:

Orange is a seasonal fruit. The growth of orange can be witnessed from November to April in the United States of America. The supply of orange will reach its peak during January-March.

Oranges are good source of vitamin C and are rich in nutrition. The antioxidant in the orange helps in lowering the risk of heart disease and kidney stones.

In United States, the oranges are available round the year because the grocery stores sell oranges that are grown in locations with similar climates but different growing seasons.

4 0
3 years ago
On July 1, 2020, Culver Inc. made two sales. 1. It sold land having a fair value of $902,220 in exchange for a 4-year zero-inter
Rzqust [24]

Answer:

1) July 1, 2020, sale of land

Dr Notes receivable 1,419,656

    Cr Land 590,900

    Cr Discount on notes receivable 517,436

    Cr Gain on sale of land 311,320

Discount on notes receivable $1,419,656 - $902,220 = $517,436

Gain on sale of land $902,220 - $590,900 = $311,320

2) July 1, 2020, service revenue

Dr Notes receivable 402,150

    Cr Service revenue 342,218.69

    Cr Discount on notes receivable 59,931.31

annual interests = $402,150 x 3% = $12,064.50

discount on notes payable = present value of annual interest = $12,064.50 x 4.9676 (PV annuity factor, 12%, 8 periods) = $59,931.31

7 0
4 years ago
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