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Author Question: What does the standard organizational chart show? In your answer, point out the functions needed for ... (Read 43 times)

laurencescou

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on: Jul 10, 2018
What does the standard organizational chart show? In your answer, point out the functions needed for a successful business.
 
  What will be an ideal response?

Question 2

To finance a new line of product, the Tangshan Toys has issued a bond with a par value of 1,000, coupon rate of 8 percent, and maturity of 30 years. Compute the price of the bond if the opportunity cost is 11 percent.
 
  What will be an ideal response?


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flannelavenger

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: The standard organizational chart shows a bottom-up reporting relationship, but the reality is that the functions of marketing, finance, manufacturing, information systems, and human resources are all interconnected in a successful business.

Answer to Question 2

Coupon payment = 1,000  0.08 = 80
Using financial calculator: PMT= 80, I=11, N=30, FV=1000, CPT PV= 739.19


laurencescou

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Reply #2 on: Jul 10, 2018
Correct answers!


flannelavenger

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Reply #3 on: Jul 10, 2018
Great! Please up vote :D


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