Answer:
C) $257,030,000
Explanation:
Auerbach's net bond liability on March 31, 2022:
- we start with the beginning liability $255,369,000
- plus interest accrued for six months = $255,369,000 x 6% x 6/12 = $7,661,070
- minus cash paid = $300,000,000 x 4% x 6/12 = $6,000,000
net bond liability = $255,369,000 + $7,661,070 - $6,000,000 = $257,030,070 ≈ $257,030,000 rounded to the nearest thousand
Different segments of the project are delegated to respective functional units called as the Functional Organization.
<h3>
What is a Functional Organization?</h3>
The notion of specializations based on function or role is used by functional organizations as a sort of organizational structure. For businesses with one or a few product offerings as well as medium-sized and small organizations, an efficient organizational structure is ideal. For instance, the little company AB Company manufactures diapers and employs around one hundred people. A matrix organization is a sort of corporate structure that divides a corporation into various sections according to areas of specialization. Functional managers or heads of departments are responsible for managing these departments, which act as functional units.
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