Answer:
cost reduction and standardizing its products globally.
Explanation:
- Lenovo needs to capitalize on the consumer trends and the universal needs of the products globally and seek to reduce the costs in increasing flexibility, acquire knowledge, scale economies, and improve on the quality of the product and the process that creates them.
Answer:
Indenture; convertibility provision
Explanation:
Indenture refers to a legal contract that bounds the bondholder and the issuer. This contract specifies important features of the bond like its type (convertible or callable), maturity date, interest payment time and rate. In other words, it includes all the terms and conditions related to the issue of bond.
One of the types of bonds is convertible bonds. Due to the provision of convertibility, these bonds can be converted to a stipulated number of common shares that are decided in advance.
Answer:
Only the petty cashier is responsible for paying cash from the fund.
Explanation:
A petty cash fund can be regarded as small amount of cash that is kept on hand or kept in a locked drawer which could be used in payment for minor expenses. These expenses could be office supplies expenses or reimbursements. There should be periodic reconciliations for a petty cash fund, and the transactions should also be recorded on the financial statements. As regards to petty cash fund used in a business, Only the petty cashier is responsible for paying cash from the fund.
The cost of renting the skies at a local sporting goods store is given and we have to find the suitable equation which supports the given data.
Given
cost of renting is $15
Per day cost $20
<h3>Fixed and Fluctuating cost</h3>
The renting cost is $15 and is a fixed cost which will remain constant i.e. $15 , no matter you rent skies for how many days.
The cost per day for renting skies is a fluctuating cost and it will change with the change in number of days.
The equation should be 
where;
$20 is the price per day
d represents the number of days
$15 is the rental price
Therefore the equation that models the relationship between the total cost to rent, c, and the length of the rental in days, d is "
" and OPTION C is correct.
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