Answer:
Legal responsibility
Explanation:
Since there have been regulations put in place by the government, it is thereforre a legally binding agreement between XYZ company and any other companies that does same as XYZ company.
The failure of XYZ company to honour the set regulations is a breach in its legal responsibilty alongside its corporate social responsibilty as well and it can be taken up by the government by either charging the XYZ company to court or revoking their operating license.
Cheers.
Answer: Continue operating like State-owned enterprises
Explanation:
Newly privatized would imply that they were once government owned which means that they were probably monopolies. These new companies are protected from foreign competition which means that their goods will be the dominant ones in the economy.
They will therefore keep operating as though they are state-owned companies because their goods will be dominant making them monopolies which is what government owned companies usually are.
Answer:
Cash Collection is $122,000
Receivable as on August 31, is $97,000
Explanation:
Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.
A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.
i would say its either B or C...but imma go with the answer C
Answer:
Increase by $6,000
Explanation:
Calculation to determine the net operating income
Using this formula
Net operating income=Expected sales increase ×Contribution margin ratio-Fixed expenses
Let plug in the formula
Net operating income=$70,000 x 30% - $15,000
Net operating income=$21,000-$15,000
Net operating income=$6,000 increase
Therefore the net operating income will increase by $6,000