All categories

4 years ago

If Gary always requests his superior’s advice when solving a problem or making a decision, which type of decision maker is he?

Business

1 answer:

Hunter-Best [27]4 years ago

3 0

Submissive decision maker; doesn't make the decision on his own and asks an authority figure

You might be interested in

What rate of output is appropriate for a nonprofit corporation (such as a hospital)?

Tanya [424]

Answer and Explanation:

Nonprofit organizations are not stressed over boosting benefit and rather need to expand yield. On account of a clinic this yield is patients who get more advantageous or on account of a college it is understudies who graduate that the nonprofit organizations need to increment. Simultaneously. they need to take care of the expenses of work and capital that go into keep their foundations running. This implies the pace of yield at which nonprofit organizations need to deliver ought to be when normal all out cost rises to the market cost with the goal that their benefits would be zero.

3 0

4 years ago

Krazy Kayaks sells its entryminuslevel kayaks for $750 each. Its variable cost is $500 per kayak. Fixed costs are $25,000 per

Daniel [21]

Answer:

Net operating income= 565,000

Explanation:

Giving the following information:

Krazy Kayaks sells its entry-level kayaks for $750 each. Its variable cost is $500 per kayak. Fixed costs are $25,000 per month for volumes up to 1,100 kayaks. Above 1,100 kayaks, monthly fixed costs are $60,000.

Sales= 2,500*750= 1,875,000

COGS= (500*2,500)= (1,250,000)

Gross profit= 625,000

Fixed costs= (60,000)

Net operating income= 565,000

7 0

3 years ago

AAA's inventory turnover ratio is 20.00 based on sales of $28,400,000. The firm's current ratio equals 4.16 with current liabili

marissa [1.9K]

Answer:

= 17.15 days (approx)

Explanation:

Given:

inventory turnover ratio = 20

Current ratio = 4.16

Current liabilities = $820,000.

Cash and Marketable securities = $657,096

Net sales = $28,400,000

Per day sale = ?

Calculation:

Current ratio = Current assets / current Liabilities

4.16 = Current assets / $820,000

4.16 x $820,000 = Current assets

$3,411,200 = Current assets

Inventory turnover ratio = Net sales / Average Inventory

20 = $28,400,000 / Inventory

$28,400,000 / 20 = Inventory

$1,420,000 = Inventory

Average Receivable = current assets - Cash and Marketable securities -Inventories

= $3,411,200 - $657,096 - $1,420,000

Average Receivable = $1,334,104

Outstanding daily sales = (Average receivables / Net sales )Number of days in a year

= $1,334,104 / $28,400,000)365

= 17.15 days (approx)

4 0

3 years ago

The following events apply to The Ice Cream Parlor for the 2014 fiscal year:

aev [14]

Answer:

See explanation section

Explanation:

See the image below

3 0

4 years ago

Lohn Corporation is expected to pay the following dividends over the next four years: $14, $10, $9, and $4.50. Afterward, the co

Nady [450]

Answer:

Current share price is $59.88

Explanation:

First calculate present value of all four years dividend

Year Calculations PV

1. 14 x (1.10)^-1 $12.73

2. 10 x (1.10)^-2 $8.26

3. 9 x (1.10)^-3 $6.76

4. 4.5 x (1.10)^-4 $3.07

As the Dividend in fifth year will grow for indefinite period of time, This is the perpetuity payment. The value of share can be determined by calculating the present value of perpetuity payment.

Dividend in the fifth year = $4.5 x ( 1 + 4% ) = $4.68

The formula for the present value of perpetuity is as follow

Present value of perpetuity = Dividend / Required Rate of return

Value of Stock = Dividend / Required Rate of return

Value of Stock = $4.68 / 10%

Value of Stock = $46.8

This the value in fifth year calculate it present value

Today's value = $46.8 x ( 1 + 10% )^-5 = $29.06

Now add the all present values

Total Present value = $12.73 + $8.26 + $6.76 + $3.07 + $29.06 = $59.88

7 0

3 years ago