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telo118 [61]
3 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]3 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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Which of the following statements is incorrect?
DedPeter [7]

Answer:

E. All information systems support businesses.

Explanation:

All information systems do not support businesses because it's there's many types of information systems such as Executive Support Systems , Management Information Systems (MIS), Decision Support Systems , Knowledge Management Systems , Transaction Processing Systems and Office Automation Systems and it depends on the purpose of that information system in particular, whether it supports businesses or not

4 0
3 years ago
On January 2, 2018, Coronado Industries issued at par $2040000 of 5% convertible bonds. Each $1000 bond is convertible into 10 s
Mila [183]

Answer:

Coronado's diluted earnings per share would be 4.53

Explanation:

Net interest savings = (2040000*5%)*(1-0.35)= $66,300      

Weighted average common stock outstanding=194000+(2040000/1000*10)= 214,400

Coronado's  diluted earnings per share=(906,000+66,300)/214,400= $4.53

6 0
3 years ago
Company A has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,00
oee [108]

Answer:

What is the value of the shareholders’ equity account for this firm?

14150

Explanation:

Current Assets 6000

Net fixed assets 25100

Assets                 31100

 

Current Liabilities 4950

Long term debt 12000

                       16950

 

 

ASSET-LIBILITIES=EQUITY  

31100-16950=EQUITY  

EQUITY=14150  

4 0
4 years ago
Wilbert's Clothing Stores just paid a $1.25 annual dividend. The company has a policy whereby the dividend increases by 2% annua
Anon25 [30]

Answer:

option (C) $1,353

Explanation:

Annual dividend paid = $1.25

Increase in dividend annually, g = 2%

Number of stocks to be purchased = 100

Rate of return, r = 12%

Price at the end of Year 3 = \textup{Annual dividend}\times\frac{\textup{(1+g)}^n}{\textup{r-g}}

here, n = 4 (after 3 years)

Price at the end of Year 3 = \textup{1.25}\times\frac{\textup{(1+0.02)}^4}{\textup{0.12-0.02}}

or

Price at the end of Year 3 = \textup{1.25}\times\frac{\textup{1.0824}}{\textup{0.1}}

or

Price at the end of Year 3 = $13.53

Therefore,

Expected amount to be paid for 100 shares = $13.53 × 100 = $1,353

Hence,

the correct answer is option (C) $1,353

8 0
3 years ago
I am new to this, could anyone help me, I am from Peru and I do not endorse anything they tell me, someone could explain to me h
LenKa [72]

Answer:

okay

Explanation:

okay....no problem.

6 0
3 years ago
Read 2 more answers
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