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3 years ago

Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to

Business

1 answer:

gizmo_the_mogwai [7]3 years ago

5 0

Answer:

Centralize decision making

Explanation:

From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.

Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.

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Merrell Corp. discontinued a component of its business on October 17. For the year, the discontinued component had operating inc

dalvyx [7]

Answer:

Net Income amount from Discontinuing Operations is $3,600,000

Explanation:

given data

operating income = $4,000,000

book values = $10,000,000

sold for = $12,000,000

Income from operations = $14,000,000

tax rate = 40%

to find out

amount that Merrell report as income from discontinue operation

solution

we find first here Gain on Sale of Assets of Discontinued Operations that is

Gain on Sale of Assets = $12,000,000 - $10,000,000

Gain on Sale of Assets = $2,000,000

and

Total Income from Discontinuing Operation is

Total Income = $4,000,000 + $2,000,000

Total Income = $6,000,000

and

Net Income from Discontinuing Operations will be

Net Income from Discontinuing Operations = $6,000,000 – ( 40% of $6,000,000 )

Net Income amount from Discontinuing Operations is $3,600,000

6 0

3 years ago

When a subsidiary is acquired sometime after the first day of the fiscal year, which of the following statements is true? A) Inc

Kamila [148]

Answer:

B) Income from subsidiary is recognized from date of acquisition to year-end.

Explanation:

When an individual or a company purchase another business, they are responsible for all the gains and losses generated by that business starting from the exact moment that the sales transaction has been completed. E.g. if I buy a business on January 20, at 10 AM, I am completely responsible for the things that happen in the company after 10 AM.

4 0

3 years ago

You just received a bonus at your job of $4,000 which you decide to put in a saving account at the local bank. Assume that banks

ioda

Answer:

(A) 22,222.22

(B) 57,142.86

Explanation:

we will divide the deposit by the reserve requirement to know how much will expand the money supply.

4,000/0.18 = 22,222.22

4,000/0.07 = 57,142.86

The reasoning behind this multiplier effect is the following:

you deposit 4,000

the bank leave 18% = 920

And lend the remaninder: 3,080

Then, when this are deposit, again takes the minimun reserve and lend the remainder:

3,080 x 18% = 554.4

3,080 - 554.4 = 2,525.6

This process is repeated giving diminished amount to money available to lend. Thus, finding a limit on the division between fund and reserve requirement.

4,000/0.18 = 22,222.22

6 0

3 years ago

What is record management policy

aniked [119]

This establishes a framework for a company's records management program, by which all records of the company's activities are created, maintained, organized, made accessible, stored, and disposed of under legislative requirements.

7 0

3 years ago

Htc started as an original equipment manufacturing firm (oem) for brand-name mobile device companies. later, it started offering

choli [55]

Answer:

Forward vertical integration

Explanation:

Forward vertical integration is a strategy that allows companies to get more control of their business value chain and be more competitive by including the distribution of the products to be able to reach the customers directly. According to this, the answer is that the strategic move of HTC is known as forward vertical integration as HTC acquired one & co. to be able to offer a line of smartphones which was a move to distribute the cellphones they manufactured directly to the customers.

6 0

3 years ago