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telo118 [61]
2 years ago
12

During the recent economic downturn, your community has experienced unemployment rates of approximately 9%. What can be done to

mitigate the effects of the financial impact to your organization
Business
1 answer:
svlad2 [7]2 years ago
7 0

Answer:

Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far.

Explanation:

Remedies to mitigate the effects of the financial impact to your organization caused due to economic downturn:

Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far. Let's see how.

As we know the basic formula of financial management.

Financial Statement = Income + Expenditure.

Obviously, in the time of economic downturn or depression, the first thing and the most important thing is to cutting the unnecessary cost. To be in financial equilibrium, organization has to reduce its manpower. Reduce the defects as much as possible. Reduce wastage as much as possible. Lower the utility bills by reducing the use of unnecessary devices. Promotion of human resources and benefits plus bonuses must be held in abeyance in this difficult time. In this whole scenario, group leaders and higher authorities playing the role of leaders of the organization has the utmost responsibility to bring their employees and staff in confidence.  As a result, organization will undoubtedly survive the wave of depression in the long run.

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Sally and Dan must pay 2 points on their new $65,000 loan. What will they have to pay at closing for the points?
gayaneshka [121]

Answer:

correct option is B. $1,300

Explanation:

given data

loan = $65,000

pay = 2 points

solution

As we know normally point worth = 1%

and they pay 2 point so that

2 point = 2 % = 0.02

so pay at closing for the points will be

pay closing for the points = 0.02 × loan amount .....................1

pay closing for the points = 0.02 × $65000

pay closing for the points = $1300

so correct option is B. $1,300

8 0
3 years ago
​(Yield to​ maturity) The market price is ​$725 for a 16​-year bond ​($1 comma 000 par​ value) that pays 9 percent annual​ inter
wlad13 [49]

Answer:

13.16%

Explanation:

In this question we use the RATE formula i.e shown in the attached spreadsheet

Given that,  

Present value = $725

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 9% ÷ 2 = $45

NPER = 16 years × 2 = 32 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the yield to maturity is 6.58% × 2 = 13.16%

6 0
3 years ago
What kind of value chain can be described as purchases being made by the retailer from the manufacturer and then the retailer se
shepuryov [24]

Answer:

D. Manufacturer to wholesaler to consumer

Explanation:

I had the same quiz question and I chose that one. May not be correct though

7 0
2 years ago
As assistant to the CFO of Boulder Inc., you must estimate the Year 1 cash flow for a project with the following data. What is t
dybincka [34]

Answer:

answer is a

Explanation:

7 0
2 years ago
Which type of market research data is Roland about to analyze? Roland works as a researcher for his manufacturing firm. He has c
lozanna [386]

Answer:

Roland works as a researcher for his manufacturing firm. He has conducted primary research to collect relevant market research data that will help his firm. He decided to use mathematical and statistical tools to analyze the data because the data is in nature.

Roland is about to analyze primary market research data.

Explanation:

Primary data are always in a state of nature.  Primary data are collected by Roland before analysis are from first-hand or primary sources.  For Roland to acquire the data, he must use primary research methods like surveys, interviews, or experiments. Because primary data are acquired with the research project in mind and directly from primary sources, they are contrasted with secondary data.  Secondary data were acquired by some other researchers and used in their analyses before being collected by another researcher as a basis for research continuation.

8 0
2 years ago
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