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2 years ago

13. The directors of a firm have to discuss the following topics. Which topic is least likely to be directly affected by

Business

1 answer:

Oksi-84 [34.3K]2 years ago

7 0

Answer:

D) the replacement of the director of finance

Explanation:

The replacement of the director of finance is an internal affair on the company. It is not subject to any government regulations, unlike the other options. In choosing the director of finance, the company directors will select the best candidate for the job according to their judgment. In deciding who will the next director of finance, the directors don't need to consult any other person or regulations.

A) Health and safety laws, interest on loans, and the minimum wages are subject to regulation by government agencies such as OSHA for health and safety and the Federal Reserve for interest rates.

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Folsom Advertising, Inc. is considering an investment in a new information system. The new system requires an investment of $1,8

sveticcg [70]

Answer:

Payback period=2 years 5 months

Payback period=3 years 8 months

Explanation:

<em>The payback period is the estimated length of time in years it takes .</em>

<em>It is the number of years it takes the cash project to break-even</em>

a) Payback period

Total cash flow for two years = 750× 2 = 1500.000

Balance of cash flow required to make up= 1800000- 1500,000 300,000

Payback period = 2 years + 300,000/750,000× 12 months= 2 years 5 months

Payback period=2 years 5 months

b) Payback period

Total cash flow for 3 years = 450,000 + $225,000 +600,000=1,275 ,000

Balance o cash required to make up 1800,000 = 1,800,000 -1275,000= 525,000

Pay back period = 3 years + 525,000/750,000× 12 months

= 3 years 8 months

Payback period=3 years 8 months

5 0

3 years ago

The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows:

lilavasa [31]

Answer: N&B Equipment Company:

Current ratio = 1.33

Quick ratio = 0.746

Jing Foodstuffs Corporation:

Current ratio = 1.65

Quick ratio = 0.928

Explanation:

For N&B Equipment Company:

$Current\ Ratio=\frac{Current\ Assets}{Current\ liabilities}$

$Current\ Ratio=\frac{900}{675}$

= 1.33

$Quick ratio=\frac{Current\ Assets - Inventory}{Current\ Liabilities}$

$Quick ratio=\frac{900 - 396}{675}$

= 0.746

For Jing Foodstuffs Corporation:

$Current\ Ratio=\frac{Current\ Assets}{Current\ liabilities}$

$Current\ Ratio=\frac{1,400}{844}$

= 1.65

$Quick ratio=\frac{Current\ Assets - Inventory}{Current\ Liabilities}$

$Quick ratio=\frac{1,400 - 616}{844}$

= 0.928

8 0

3 years ago

Describe how you would use any five entrepreneurial qualities to make sure that your business is a success

sukhopar [10]

Passion
being open minded
desire to become the best at what you do
having a positive attitude and outlook
constantly keep your ideas flowing

5 0

3 years ago

The major difference between a low-cost provider strategy and a focused low-cost strategy is the a. amount of outsourcing involv

docker41 [41]

The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

<h3>What is a strategy?</h3>

These are devices company employ to achieve their medium and long term objectives.

Hence, the major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

Learn more about strategies here: brainly.com/question/24462624

#SPJ12

6 0

2 years ago

The accounting records of Compass Point Wireless include the following as of December 31, 2016:

uysha [10]

Answer:

1, Compass Point Wireless

Balance sheet (partial)

Current Liabilities: $

Accounts Payable 71,000

Interest Payable 17,000

Salaries Payable 10,500

Unearned Revenue 2,400

Current Portion of Bonds payable 24,000

Total current Liabilities $ 124,900

Long term Liabilities $

Mortgage Payable 80,000

Bonds Payable 64,000

Premium on Bonds Payable 10,000

Total long term liabilities $154,000

Total liabilities = Total current Liabilities + Total long term liabilities

= $ 124,900 + $154,000

= 278900

2. Debt Stockholders' equity Debt to equity ratio

278,900 160,000 1.74

Note: Debt to equity ratio = Debt / Stockholders' equity

6 0

3 years ago