<em>Answer:</em>
1-Likelihood
2- Outcome
<em>Explanation:</em>
<u>1-Likelihood
:</u> It is a mechanism for measuring the level of risk in the matrix model. A risk assessment is effective for risk prevention and guidance for decision making.
<u>2- Outcome:</u> It is a tool that assists in decision making based on measurement of results. Through the results it is possible to measure the strengths and weaknesses of a given period and outline strategies to correct the failures.
Answer:
The automotive company has run into bribery and corruption, one of the most common ethical challenges businesses faced today as they expand internationally.
Explanation:
As with the given scenario above, this company had three potential countries in which to expand their business of building a factory. These countries asked for an amount of extra kickbacks in exchange for helping the company run their business with ease.
However, in the business world, <em>kickbacks</em> are considered an illegal form of payment (or bribe) that one may gave as a compensation to an individual or organization with a considerable superiority and great influence in exchange for an improper advantageous treatment or service.
Such misappropriation of money violates the state or federal laws, which makes it a form of corruption.
Now, the automotive company from the given scenario had faced a dilemma whether to accept the bribe or not. It's a challenge for them as their decision might positively or negatively affect their business expansion.
Answer:
Participate in professional development opportunities a financial conference taking place next month covering new financial and bookkeeping regulations.
Explanation:
Accounting/Book keeping as a profession requires that a professional keeps updating his knowledge as new financial regulations comes up. She needs to have detailed knowledge of the new regulations since she provides professional services. Since this new regulation will affect how business is done with her client, the best decision is for her to update her knowledge on the subject by taking a course that seeks to explore what this new regulations connotes.
Answer:
purchase power: 61,406.86
Explanation:
The stock will grow at 10%
and there is 4% inflation wich erodes the purchase power in the future.
Future value of the stocks:
Amount 134,550.00
Now, we will adjust for inflation of 4% over a period of 20 years:
Nominal: 134,550.00
time 20 years
inflation 0.04
PV 61,406.86
Purhcase power of the stock 20 years from now at expected grow rate of 10% and 4% inflation: 61,406.86
Answer:
The company should accept the idea because profit will increase by $24,000.
Explanation:
A company is currently selling 10,000 units of product monthly for $40 per unit.
The unit contribution margin is $27.
The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month.
The unit contribution margin is the difference between selling price and variable cost per unit.
An increase in the selling price of $5 will cause the contribution margin to increase by $5, from $27 to $32.
Profits is the product of contribution margin and number of output.
At initial price, the profit was
= 
= $270,000
At the new price the profit will be
= 
- $50,000
= $344,000 - $50,000
= $294,000
The increase in profit
= $294,000 - $270,000
= $24,000
