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Sati
13 days ago
10

Ray works as an accountant for a non-profit organization. Ray got his current position after volunteering at a few of the non-pr

ofit’s events and becoming friends with some of its employees. Which method did Ray use to develop his professional network?
Business
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Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
Scilla [3833]

Response:

The return on equity (ROE) would be altered by 8.52%

Clarification:

Initially, we determine the existing ROE utilizing the Dupont Formula, yielding ROE as follows:

ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity

or

ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier

  • Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%

The condition states that net income might rise to 20850 while other factors remain unchanged. Therefore, to find the new ROE, we compute the updated Net Profit margin, keeping the total assets turnover and the equity multiplier constant due to the absence of sales, assets, or capital structure changes.

  • New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
  • The ROE would have shifted by 17.32 - 8.80 = 8.52%
7 0
1 month ago
Weston Inc. wants to outsource its customer service operations. The top managers of the company are preparing a plan exclusively
Scilla [3833]

Answer:

Strategic planning.

Explanation:

A strategic plan serves as a document outlining an organization's direction. It can vary in length from a single page to an entire binder depending on the business's scale and intricacy. Most managers often find value in having a strategic plan.

4 0
2 months ago
Once you have collected data for a message, you’ll need to find a way to organize it. Well-organized messages group similar idea
Katen [3525]

Answer:

c. Sparkling water, evening wine tasting, four-star hotel restaurant

a. You need to persuade your coworkers to embrace a new software program that they find confusing.

b. You need to let go of your receptionist.

c. You are dispatching a past-due notice on an account.

Explanation:

In the first question, sparkling water, evening wine tasting, and dining at a four-star restaurant are specific items that align with the examples of food and drink and $100/night four-star accommodations from the scratch list.

In the subsequent question, a manager applies indirect strategies when conveying uncomfortable news to staff in a manner that minimizes negative psychological effects. For instance, informing someone about the termination is distressing and should be relayed indirectly, beginning with an explanation and positioning the primary information at the end of the message

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2 months ago
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