Answer:
The correct answer is D. Works through the chain of command within the company to avoid subordinating judgment.
Explanation:
The chain of command not only establishes the hierarchy of responsibility for management or accountability, but also the lines of authority and the decision-making power of the company. An appropriate chain of command ensures that each task, each job and each department have a person who assumes responsibility for their performance.
Answer:
a) yes
b) no
c) yes
d) no
Explanation:
a) if the A/R balance grow higher than the sales is an indicator that our collection cycle increase thus, customer extend their financiation providing less cash flow
b) this is the opposite as (a) here we extend our financing agaist our suppliers. The payment cycle increases thus, decreasing the overall cash demand
c) If the assets were puirchased on cahs a huge amount was used alrady affecting the liquidity of the company.
If the company finance the purchase of the long term assets, in the future the company will have to dedicate a portion of their future cahs flow to pay up interest and principal which is what we should analize; wether or not the company will have difficulties in the future and the answer is yesin both scenarios.
d) no. It will not, as marketable securities are generally short-term and easily converted into cash in the short term. They do not generate cash flow problems in the long run as the company can sale them anytime to obtain cash.
Answer: Harvey company will record the equipment at $14,700 is its books.
We usually record equipment at the actual price at which it was bought. Even though Harry company was willing to pay only $13,000, it actually went ahead and paid $14,700 to purchase the equipment.
We don’t consider the retail price here, since Harvey company did not buy the equipment from the retail market.
In the advertisement, Carrey Company probably put a value of $19,000 (by considering the retail rate) to see the market response to buy the at that price. So, we don’t consider that either.
Answer:
Constant
Upward slopping
Less than
Explanation:
The simple multiplier effect shows the resulting change in real GDP due to an increase in government purchases or a decrease in taxes assuming that the price level is___constant__.In reality, the SRAS is __upward slopping___.As a result, when AD shifts to the right, in reality the change in real GDP will be __less than___ it would be if the price level were constant.
When the government purchases rises or their is reduction in tax paid on constant price of commodity, the gross domestic development of the country will increase geometrically.
In reality, the Short-Run Aggregate Supply Curve slop will tends to move upward. When AD shifts to the right, in reality the change in real GDP will be less than it would be if the price level were constant
