André, the plant manager, is interested in increasing the facility's productivity by utilizing MBO so that his managers and their employees are more focused on objectives. This month André asked his managers to concentrate on the two first steps of MBO, which are:
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Answer:
The correct answer is to jointly set objectives with their employees and to have managers develop action plans.
Explanation:
Management Buy Out (MBO) are financial operations that involve the transfer of ownership or control of a company to a group of people and entities, among which are relevant directors, managers or employees thereof. Management Buy Out operations are characterized because the managers or managers of a business or company become the largest shareholders of the company, that is, they become the owners of the same. Initially, to be considered an MBO, it was necessary for managers to acquire the majority of the company or at least its effective control, but now also minority participations are included in this definition, although always significant. Often the management team is accompanied by some institution or group of investors outside the company that provide the necessary financing to carry out the operation and with which, consequently, share the control of the company.
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Which activity would a consumer most likely perform?
With respect to fund basis financial statements, governmental funds are considered to be a major fund when total assets, liabilities, revenues and expenditures combined are at least 10% of the total for the governmental funds category.a) Trueb) False
Mydeco Corp. 2009–2013 (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) Income Statement 2009 2010 2011 2012 2013 Revenue 404.3 363.8 424.6 510.7 See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose My-deco’s costs and expenses had been the same fraction of revenues in 2010–2013 as they were in 2009. What would My-deco’s EPS have been each year in this case?Table 2.5 Mydeco Corp. 2009–2013 (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) (All data as of fiscal year end; in $ million) Income Statement 2009 2010 2011 2012 2013 Revenue 404.3 363.8 424.6 510.7 604.1 Cost of Goods Sold (188.3) (173.8) (206.2) (246.8) (293.4) Gross Profit 216.0 190.0 218.4 263.9 310.7 Sales and Marketing (66.7) (66.4) (82.8) (102.1) (120.8) Administration (60.6) (59.1) (59.4) (66.4) (78.5) Depreciation & Amortization (27.3) (27.0) (34.3) (38.4) (38.6) EBIT 61.4 37.5 41.9 57.0 72.8 Interest Income (Expense) (33.7) (32.9) (32.2) (37.4) (39.4) Pretax Income 27.7 4.6 9.7 19.6 33.4 Income Tax (9.7) (1.6) (3.4) (6.9) (11.7) Net Income 18.0 3.0 6.3 12.7 21.7 Shares outstanding (millions) 55.0 55.0 55.0 55.0 55.0 Earnings per share $0.33 $0.05 $0.11 $0.23 $0.39 Balance Sheet 2009 2010 2011 2012 2013 Assets Cash 48.8 68.9 86.3 77.5 85 Accounts Receivable 88.6 69.8 69.8 76.9 86.1 Inventory 33.7 30.9 28.4 31.7 35.3 Total Current Assets 171.1 169.6 184.5 186.1 206.4 Net Property, Plant & Equip. 245.3 243.3 309 345.6 347 Goodwill & Intangibles 361.7 361.7 361.7 361.7 361.7 Total Assets 778.1 774.6 855.2 893.4 915.1 Liabilities & Stockholders’ Equity Accounts Payable 18.7 17.9 22 26.8 31.7 Accrued Compensation 6.7 6.4 7 8.1 9.7 Total Current Liabilities 25.4 24.3 29 34.9 41.4 Long-term Debt 500 500 575 600 600 Total Liabilities 525.4 524.3 604 634.9 641.4 Stockholders’ Equity 252.7 250.3 251.2 258.5 273.7 Total Liabilities & Stockholders’ Equity 778.1 774.6 855.2 893.4 915.1 Statement of Cash Flows 2009 2010 2011 2012 2013 Net Income 18 3 6.3 12.7 21.7 Depreciation & Amortization 27.3 27 34.3 38.4 38.6 Chg. in Accounts Receivable 3.9 18.8 0 -7.1 -9.2 Chg. in Inventory -2.9 2.8 2.5 -3.3 -3.6 Chg. in Payables & Accrued Comp. 2.2 -1.1 4.7 5.9 6.5 Cash from Operations 48.5 50.5 47.8 46.6 54 Capital Expenditures (25.0) (25.0) (100.0) (75.0) (40.0) Cash from Investing Activities (25.0) (25.0) (100.0) (75.0) (40.0) Dividends Paid (5.4) (5.4) (5.4) (5.4) (6.5) Sale (or purchase) of stock - - - - - Debt Issuance (Pay Down) - - 75.0 25.0 - Cash from Financing Activities (5.4) (5.4) 69.6 19.6 (6.5) Change in Cash 18.1 20.1 17.4 (8.8) 7.5 Mydeco Stock Price $7.92 $3.30 $5.25 $8.71
Andy’s subordinates say that they love working for Andy because he inspires them to not only believe in the organization but to believe in their own potential as well. Based on this example, Andy can best be described as what type of leader? A. TransformationalB. ServantC. AuthenticD. TransactionalE. Interactive
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He has 5 million of paper money
the fraction = gold holding/paper money
= 2 million / 5 million
= 2/5
so the answer is C. 2/5
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The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.
The number of bills of $5 are seven, as Hermione also has at least one bill of $1.
Calculation of bills.
- Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,
- where x is the number of $5 bills
- So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.
Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1 in her purse.
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Answer:
D
Explanation:
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Complainer in the workplace?
There are days where employees seem to be complaining about everything. In many companies, misery loves company, and it's a big problem for small-business owners. It can bring down employee morale, and affect employee productivity and retention. Ultimately, it will trickle down to the customers—resulting in sub-par service and a decrease in sales.
Negativity is rampant in the workplace. According to Jim Harter, Gallup’s chief scientist for workplace management, 18 percent of U.S. employees are “actively disengaged,” and will complain about their companies.
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whether the capital gains are long term or short term and the dividends are qualified or nonqualified
B.
whether the capital gains are long term or short term and which company paid the dividends
C.
whether the capital gains are from the sale of a stock or a bond
D.
whether the investment was purchased individually or through a brokerage firm
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The information that is necessary to calculate the after tax return on investment is whether the capital gains are long term or short term and which company paid the dividends.
What is the after-tax return on investment ?
This is a term that has to do with the profit that is made from a business venture after the tax amount has been calculated from the enterprise.
Businesses use this as a way of trying to determine the earnings that they have.
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Answer:
B
Explanation:
You're welcome
a. True
b. False
Answers
The given statement is true.
What do you call a bill that has been passed?
Once an invoice has been enacted into law, it's miles known as an act of the legislature or a statute. Payments are delivered to the legislature and are mentioned, debated, and voted upon.
A invoice is the draft of a legislative notion, which, whilst passed with the aid of both houses of Parliament and assented to by using the President, turns into an act of Parliament. As soon as the bill has been framed, it has to be posted within the newspapers and the generalpublic is requested to comment in a democratic way.
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