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julia-pushkina [17]
3 years ago
7

A tall organizational structure is usually more responsive to customer demands.

Business
1 answer:
Mazyrski [523]3 years ago
8 0
The primary advantage of a tall organizational structure is that it maintains a strong chain of command from the top level of the company all the way down to the employees.
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Meyer Inc's total invested capital is $660,000, and its total debt outstanding is $185,000. The new CFO wants to establish a tot
Lady bird [3.3K]

Answer:

$178,000

Explanation:

Calculation for How much debt to achieve the target debt ratio

First step is to find the Target amount of debt using this formula

Target amount of debt =Target debt percentage ×Total assets

Let plug in the formula

Target amount of debt =55%× $660,000

Target amount of debt=$363,000

Second step is to calculate for the Change in the amount of debt outstanding using this formula

Change in amount of debt outstanding = Target debt -Old debt

Let plug in the formula

Change in amount of debt outstanding =$363,00-$185,000

Change in amount of debt outstanding =$178,000

Therefore How much debt to achieve the target debt ratio will be $178,000

6 0
3 years ago
Concord Industries collected $105,000 from customers in 2019. Of the amount collected, $25,300 was for services performed in 201
Dmitrij [34]

Answer:

$31,200

Explanation:

Cash basis income recognition records transactions as per receipts and payments in cash and ignores the period they relate to. Cash basis of accounting is not in accordance with matching principle of accounting.

Cash basis of accounting is not recommended by either IFRS or US GAAPs since it overlooks the incomes earned and expenses incurred during a period.

In the given case, Net Income based upon cash basis would be computed as follows:

All cash receipts during the year 2019 - All expenses paid during the year 2019

= 105,000 - 73,800

= $31,200

8 0
3 years ago
4. Write 5 examples for each of small, medium and large occupation categories. ​help please
Jlenok [28]

Small and mid-size enterprises are businesses that maintain revenues, assets or a number of employees below a certain threshold. Each country has its own definition of what constitutes a small and medium-sized enterprise Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well.

3 0
3 years ago
Bay City uses the purchases method to account for supplies. At the beginning of the year the city had no supplies on hand. Durin
lyudmila [28]

Answer:

Expenditures $600,000; Supplies inventory $200,000

Explanation:

Expenditures $600,000; Supplies inventory $200,000

Purchased supplies for use - Part of the supplies used.

$600,000-$400,000=$200,000

If at the beginning of the year the city had no supplies on hand in which it purchased $600,000 of supplies for use by activities accounted for in the general fund that means city used $400,000 out of the $600,000 of those supplies during the year in which the balance left of those supplies is $200,000 which will be the supplies inventory while the Purchased supplies for use of $600,000 will be the expenditure .

3 0
4 years ago
Why is doing your fair share at work important on a job?
melamori03 [73]

Mainly because your giving you co-workers an opurtunity to *shine* lol.

Anyway its just respect i mean its the golden rule we all learned in kindergarten...treat ppl how u wanna be treated right? ;p

The more respect a person gives at work the more he will be repected AND a lower chance of getting fired and a higher one of getting promoted.

And check your email!!!!!!

Hope this helped!!!

~Mia

8 0
4 years ago
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