SUSINESS STUDIES ASSESSller. UULA 2. FGH is a private limited company. FGH has a tall hierarchical organizational
structure. It is a book retailer which plans to take over one of its competitors for $800m.
If the takeover happens, FGH would have 6 500 bookshops across 20 countries. FGH's
Managing Director said: 'We expect to reduce total costs by $300m each year after the
takeover. We will stop all off-the-job training of employees.' The Managing Director
thinks FGH would benefit from becoming a public limited company but some of the
other directors cannot decide if this is a good idea.
a) what is meant by off the job training?
[2]
b) Identify and explain two advantages of FGH having a tall hierarchical organizational
structure.
Advantage 1
Explanation:
Advantage 2
Explanation:​

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions