Recruiting from within the company would mean that the new personnel would be very familiar with the company procedures and also probably know most of the other employees in their office so it would/should be easy for them to be integrated into the company. Also, they would already know the culture of the company which means for example they would know how to approach people in the best way to get their cooperation. Their probable intimate knowledge of the history of the company would also make it easier for them to understand its present functioning. Hiring from outside the company would have the advantage of having someone with a fresh point of view and able to see the co. more objectively and therefore be able to point out things which may be detrimental to its proper functioning. On the positive side, having someone who has had say wide experience with various companies there is more likelihood of them being more innovative about new ways of doing things. This is related to the problem that at least with some big companies, they sometimes think that because they are big and relatively successful, they have nothing to learn from other companies and this is an erroneous idea which may prevent them from optimizing their production.
The answer will be monopolistic competition
Answer:
The correct answer is B. Trend analysis.
Explanation:
The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.
This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.
It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.
Answer:
The correct answer is 44.73 days or 45 days.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the day's sales uncollected by using following formula:
Day's sales uncollected = No. of days in year ÷ Debtor turnover ratio
Where, Debtor turnover ratio = Sales ÷ Accounts receivable
= $607,500 ÷ $74,422
= 8.16
So, by putting the value, we get
Day's sales uncollected = 365 days ÷ 8.16
= 44.73 days or 45 days.
Answer:
cannot pay or charge interest
Explanation:
Islamic banks do not charge interest. The banks are based on Sharia law. Islamic banks make a profit through equity participation.
I hope my answer helps you