Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $12.60 and the large kites would be $25.60. The variable cost per unit is $6.10 and $13.20, respectively. Jill, the owner, feels that she can sell 3,650 of the small kites and 2,015 of the large kites each year. The fixed costs would be $2,120 a year and the depreciation expense is $1,950. The tax rate is 34 percent. What is the annual operating cash flow
Answers
Answer:
Operating cash flow= $31,413.06
Explanation:
Giving the following information:
Small kites:
Selling price= $12.6
Unitary variable cost= $6.10
Sales= 3,650 units
Large kites:
Selling price= $25.6
Unitary variable cost= $13.2
Sales= 2,015 units
The fixed costs would be $2,120 a year and the depreciation expense is $1,950. The tax rate is 34 percent.
Sales= (3,650*12.6 + 2,015*25.6)= 97,574
Variable cost= (3,650*6.1 + 2,015*13.2)= (48,863)
Contribution margin= 48,711
Fixed costs= (2,120)
Depreciation= (1,950)
EBIT= 44,641
Tax= (44,641*0.34)= (15,177.94)
Depreciation= 1,950
Operating cash flow= $31,413.06
Related Questions
What is one common consequence across all debt types for delinquent payment
Answers
Answer: See explanation
Explanation:
You didn't give the options but I'll try help out.
A loan is said to be "delinquent" when the a borrower does not pay back the loan that was borrowed as at when due.
It should be noted that when a loan is delinquent, it has a negative effect on the credit score of the person and therefore might make it difficult for the person to be able to borrow in the future.
If Devin is purchasing a $1,500 stereo system making monthly payments for a
year and is given a "same as cash" financing promotion, what will his monthly
payment be?
A. $125
B. $150
C. $75
D. $120
Answers
Answer: Answer is A
Explanation:
If Devin is purchasing a $1,500 stereo system making monthly payments for a year and is given a "same as cash" financing promotion, There will his monthly payment be $125. Thus, option (a) is correct.
What is promotion?
Promoting products and services in the marketplace is referred to as "promotion." A paid and unpaid payment is the promotion. In order to promote itself, the business releases a new product. Public purchasing is influenced by the promotion of the goods and services. Public relations, advertising, sales promotion, and direct marketing are the four different methods of promotion.
Determine the promotion of the monthly payment to be:
Given the amount are:
Devin is purchasing a $1,500 stereo system.
Monthly payment given to the cash is 12 months.
The promotion of the monthly payment = ?
The promotion of the monthly payment = 1500 ÷ 12
The promotion of the monthly payment = $125
As a result, the promotion of the monthly payment will be $125. Therefore, option (a) is correct.
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Which amount best reflects operating income? Enter your answer in millions without commas or dollar signs.
Answers
Answer:
4673 million
Explanation:
The operating income is the income that is arrived after deducting all the operating expenses from the sales revenue before deducting the payment of interest and taxes. It is also called as Earning before interest and taxes (EBIT)
So based on the attached figure, as it can be seen that the operating income that should be recorded for 4673 millions i.e. equivalent to the Earning before interest and taxes
Two factors that can cause a person to change their status from *employed" to "not economically active"
Answers
A person's economic status can move from "employed" to "non-economically active" due to two circumstances.
For men, being out of the labor force due to illness or disability has been the main cause. The main motivation for women has been to take care of a family member.The population that is engaged in the economy includes both employed and unemployed people. The population that is "economically active" is referred to as the labor force or labor supply. Those who were working for pay, profit, or family gain at the time of the census are considered employed.
The labor force is a crucial element of economic expansion: Businesses are able to increase production and employment when more people join the workforce.
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For most people, experiencing stress is
a normal
b. extraordinary
c. exciting
d. boring
Answers
Answer:
A. normal
Explanation:
Who else is affected when an organization acts unethically? Who is affected when an employee acts unethically? List at least three groups and explain how each group is affected by unethical actions by a employer and an employee.
Answers
Employees can be affected when an organization acts unethically such as not enforcing safety laws and not providing proper equipment to employees which can also lead to dangerous environments which lead to injury or death
Customers can be affected when improper enforcement is used while creating or producing products or goods that a customer would then use.
Shareholders can be affected financially if news of unethical actions by the entity was declared by the public.
Joe bought a stock at $57 per share. The price promptly fell to $55. Joe held on to the stock until it again reached $57, and then he sold it once he had eliminated his loss. If other investors do the same to establish a trading pattern, this would contradict _______. Multiple Choice the strong-form EMH the semistrong-form EMH technical analysis the weak-form EMH
Answers
Explanation:
Weak form efficiency is also called The random walk theory States that past volume, Price movements and earnings do not affect the Price of a stock and cannot be used to forecast it’s future directions. Weak form efficiency States that prices of future securities Are random and not determined by past events and that there is no relationship between past information in current market prices.
The principle of weak form efficiency has been contradicted because other investors are making use of Joe’s past information to create a trading pattern.
Hope this helps
Tech Gadgets Co. distributes complex and relatively expensive goods, with customers typically requiring assistance before purchasing. The channels for these types of products are often structured to be a. intensive. b. comparative. c. pulled. d. selective.
Answers
Answer:
A). Intensively.
Explanation:
From the question, we are informed about, how Tech Gadgets Co. distributes complex and relatively expensive goods, with customers typically requiring assistance before purchasing. In this case , The channels for these types of products are often structured to be intensive. Intensive distribution channel could be regarded as a form of marketing strategy , it is apply when a company is making effort to sell out their goods/products to the range of small vendor and big store. As far this intensive is concerned, all available possible outlets is utilize to distribute the product.
.
Complete this question by entering your answers in the tabs below.
Req 1Req 2Req 3 to 5Req 6
Prepare a contribution format income statement.
Todrick Company
Contribution Format Income Statement
Sales $480,000
Variable expenses:
Cost of goods sold $16,000
Selling expense 24,000
Administrative expense 40,000
80,000
Contribution margin 96,000
Fixed expenses:
Administrative expense $19,200
Selling expense
19,200
Net operating income $28,800
Req 1Req 2
Answers
The necessary entry to illustrate the information is written below.
How to depict the entriesOne of a company's financial accounts, the income statement or profit and loss account, lists the company's receipts and outgoings for a specific time period.
Sales $ 480,000
Variable Expenses
COGS $ 336,000
Selling Expenses $ 24,000
Admin Expenses $ 24,000
$ 384,000
Contribution Margin $ 96,000
Selling Expenses $ 48,000
Admin Expenses $ 19,200
$ 67,200
Net Income $ 28,800
Sales $ 480,000
Variable Expenses
COGS $ 336,000
$ 336,000
Gross Margin $ 144,000
Selling Expenses $ 72,000
Admin Expenses $ 43,200
$ 115,200
Net Income $ 28,800
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The additional paid-in capital account represents profit to the corporation and, as such, it is credited to Retained Earnings.
A. True
B. False
Answers
Answer:
B. False
Explanation:
The retained earnings show distributions available out of profit to the company shareholders after all other obligations to third parties are satisfied.
Hence, additional paid-in capital account would not necessarily form part of Retained Earnings but is included as an increase in the equity account.
Which Airlines lounges are the best ?
Answers
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.
If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.
There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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Interventions strategies to prevent restrictions or barrier in small businesses townships
Answers
To prevent restrictions or barriers in small businesses in townships, several intervention strategies can be implemented:
1. Business Development Support: Offer training programs, workshops, and mentorship opportunities to help small business owners develop essential skills such as financial management, marketing, and business planning.
2. Access to Capital: Establish microfinance programs or low-interest loan schemes to provide small businesses with the necessary funds to start or expand their operations. Additionally, create partnerships with financial institutions to streamline the loan application process.
3. Infrastructure Improvement: Invest in upgrading township infrastructure, including roads, electricity, and internet connectivity. This will enhance the business environment, attract investors, and facilitate smoother operations for small businesses.
4. Regulatory Simplification: Simplify and streamline licensing and permit procedures, reducing bureaucracy and paperwork burdens. This will make it easier for entrepreneurs to start and operate businesses, fostering a favorable environment for small enterprises.
5. Market Linkages: Facilitate connections between small businesses and larger supply chains, enabling them to access wider markets and secure stable customer bases. This can be achieved through networking events, trade fairs, and partnerships with established businesses.
6. Local Procurement Policies: Encourage local governments and institutions to adopt procurement policies that prioritize purchasing goods and services from small businesses in the townships, thereby boosting their economic growth and sustainability.
7. Collaborative Initiatives: Foster collaboration among small businesses by establishing business associations, cooperatives, or incubation centers. These platforms can provide shared resources, collective marketing efforts, and a supportive community.
By implementing these intervention strategies, the barriers and restrictions faced by small businesses in townships can be minimized, promoting their growth, sustainability, and contribution to the local economy.
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The agreement of the trial balance total is an indication that all transactions have been properly recorded in the books of accounts do you agree justify your answer
Answers
Answer: I did not agree that the agreement of trial balance is an indication that all transactions have been properly recorded in the books of account .it only means that certain types of errors have not been made.
Explanation:
Trial balance is an account prepared in order to test the arithmetical accuracy of entries in the ledger account. When a double entry principle has been observed then the total of debit entry must equal the total of credit entry in the trial balance. The balancing of the two sides of the trial balance does not mean that the account is correct. It means that certain types of errors have not been made. In the sense that there are several types of error which will not affect the balancing of trial balance such as the compensating error, error of original entry, error of omission, error of commission and so on will not affect the balancing of trial balance.
four types of visual aids
Answers
Answer:
FOUR types of visual aids are, but not limited to, physical samples, models, handouts, pictures, videos.
Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
Answers
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
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The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Answers
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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what are fixed expenses
A. all expenses that change depending on various factors, such as the number of customers in a given period of time
B. the amount of money the retailer spends to buy each item from the wholesaler or producer
C. the amount of money received per the sale of each item
D. All expenses that are the same fixed amount on a recuring basis, such as rent
Answers
The amount of money received per the sale of each item are fixed expenses. The answer is OPTION C.
Numerous expenses fall under the category of fixed costs, such as mortgage and rent payments, various types of salary, insurance, property taxes, interest fees, depreciation, and some utility bills. For instance, a new business owner would probably start off with fixed costs like rent and managerial salary.
Fixed expenses: Expenses that must be paid on a regular basis and usually have a set price, such as bills. Utility bills are an example of fixed expenses that can also be variable because the monthly cost varies based on usage. The frequency of fixed expenses can be weekly, monthly, quarterly, or yearly.
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Type the correct answer in the box, Spell the word correctly.
Anika wants to create a visual to represent a table that shows the growth of her company's market share over a year. What type of graph would best
show this relationship?
Anika should use a________
to show the plotted points for the market share of her company by the end of each month or quarter of the year.
Answers
Answer:
Bar Chart
Explanation:
This is a good way to represent data, especially for company/business information
If you were a manager in a company that operates in many countries, what criteria would you use to determine whether an application should be developed as a global application or as a local application?
Answers
As a manager in a company that operates in many countries, I would consider the following criteria to determine whether an application should be developed as a global application or a local application:
Market demand: The first criterion would be to determine if there is a global market demand for the application. If the application addresses a need that is common across multiple countries, it makes sense to develop a global application. However, if the application is specific to a particular country or region, it may be better to develop a local application.
Cultural considerations: Cultural differences between countries can be a significant factor when deciding whether to develop a global or local application. Certain features that are accepted or preferred in one country may not be well-received in another. Therefore, it is essential to understand the cultural preferences of the target audience and design the application accordingly.
Language: If the application requires support for multiple languages, it may make more sense to develop a global application. In contrast, a local application would only need to support the primary language spoken in the country or region.
Legal requirements: Legal and regulatory requirements can differ significantly from country to country. Therefore, it is essential to ensure that the application complies with local regulations, including privacy laws, data protection laws, and other relevant regulations.
Cost considerations: Developing a global application can be more expensive due to the need to consider cultural, legal, and language differences. Therefore, cost considerations should be taken into account when deciding between a global or local application.
By considering these criteria, a manager can determine whether an application should be developed as a global application or a local application.
You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.
Answers
Answer:
Explanation:
Opportunity Costs for going to college
1. Cost of college tuition
2. Loss of income for getting a job right away instead of going to college
3. Time spend at college could be used of something else such as a hobby
Benefits for going to College
1. Getting a job with a higher salary
2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)
3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)
Bloom Company management predicts that it will incur fixed costs of $266,000 and earn pretax income of $360,400 in the next period. Its expected contribution margin ratio is 54%. Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs.
Answers
Answer:
1. $1,160,000
2. $534,600
Explanation:
1. Computation for the amount of total dollar sales
Using this formula
Total dollar sales=Fixed costs plus pretax income / Contribution margin ratio
Let plug in the formula
Total dollar sales=$626,400 / 54%
Total dollar sales =$1,160,000
($266,000+$360,400=$626,400)
Therefore the amount of total dollar sales is $1,160,000
2.Computation for the amount of total variable costs.
Sales $1,160,000
Less:
Fixed costs ($265,000)
Pretax income ($360,400)
Variable costs $534,600
Therefore the amount of total variable costs is $534,600
Situation
The context you find yourself in is electronics store owner. The name of your store is Electro Hut. As an owner you want to make a profit. You need to price the products you are selling, but need to make sure that overall you have 30% profit, but two of the products you sell require you to sell them for a price set by the manufacture.
The challenge involves dealing with your customers. In order to be the best store in town, you must not over charge. Adding 30% to all the items except the products that you must sell at a price set by the manufacture will ensure you don't price too high.
For the two items that prices are set by the manufacture you need to find the amount of profit that manufacturer are allowing you to make.
Finally, you will need to write a summary paragraph which needs to explain what you did and why you did it.
Answers
Answer:
Try This
Explanation:
Try to find the number of flexable priced products you may sell. for 30% to the profit, you must factor in the total available numbers, and evenly divide the percentage lost to the other products. take 30% of the price you pay for the two regulated products, add that number and you may then divide that amount equaly to the already 30% profit you have factored in with the other items.
a- amount
B- price
p- necessary profit
c- profit per item
(Ba x.03) = p
p/(a-2) = c
((2.00 x 4) .30) =
=8.00 x .3
=2.4
4-2/ 2.4
2/ 2.4
1.2 = c
c should be how much you add to two items, and your done! you have a correct price set for your item that allow you to make 30% profit on all items excluding the two that must be kept at a standard price.
Match the terms to their definition. 1. annual percentage yield the amount of interest you will earn in one year from a savings account 2. interest thresholds different interest rates paid for different size balances, with higher balances earning higher rates 3. money market account the minimum balances before the bank begins paying interest 4. variable interest rates a savings account that offers a higher rate of interest when you make large deposits
Answers
Answer:
The terms are mixed up with the definitions. They are:
Annual percentage yield, Interest thresholds, Variable interest rates and Money market account.
1. The amount of interest you will earn in one year from a savings account ⇒ Annual percentage yield
The annual percentage yield is the interest rate that shows how much your account will increased by in a year.
2. Different interest rates paid for different size balances, with higher balances earning higher rates ⇒ Variable interest rates.
Variable rates are meant to reward higher balances are so are different per account balances.
3. The minimum balances before the bank begins paying interest ⇒ Interest thresholds.
Banks have interest thresholds which show the minimum value that an account must have in order to start accruing interest.
4. A savings account that offers a higher rate of interest when you make large deposits ⇒ Money market account
Money market accounts make returns by trading short term instruments which enables them to offer higher rates of return. They however require large deposits.
Answer:
cccf
Explanation:
1. Which term represents interest and all
other fees added on to credit purchases?
a. annual fee
b. annual percentage rate
c. introductory rate
d. finance charges
Answers
Answer: annual percentage rate
i hope this help u
Hello please help! I need a 3 paragraph response!
Why are some companies more successful in their global expansion than others? What factors should a manager consider when expanding globally?
Answers
There are some companies are the successful as compare to the other companies are:
Recognition.Market share.Better services.There was the expanding on the globally to consider the better brand and the loyalty.
What is companies?Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.
According to some companies are the successful because it was the smart work, recognition, market share, and the innovation. The focuses on the global market are the better brand and the loyalty are the more susses of the companies.
As a result, the significance of the companies are the aforementioned.
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Piels Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the production of 10,000 units of this part are as follows:
Direct materials $ 90,000
Direct labor 130,000
Variable factory overhead 60,000
Fixed factory overhead 140,000
Total costs $420,000
Of the fixed factory overhead costs, $60,000 is avoidable. Conners Company has offered to sell 10,000 units of the same part to Piels Corporation for $36 per unit.
Required:
1. Assuming there is no other use for the facilities, Piels should ___________.
Answers
Answer:
It is cheaper to produce
Explanation:
Cost of producing
Direct materials - 90000
Direct labor - 130000
Variable factory overhead - 60000
Fixed factory overhead - 60000
Total cost - 340000
Cost of buying `10000*36 = 360000
Incremental cost of buying = 360000-340000 = $20,000
It is cheaper to produce at 340000/10000 = $34 /unit
In making a decision whether to buy or manufacture , variable cost and the avoidable costs are considered relevant for this purpose
THESE ARE TRUE OR FALSE!! PLEASE HELP ASAP!! WILL MARK BRAINLIEST!!
1. Economic growth refers to a steady increase in the production of goods and services in an
economic system.
2. There are over 120 million workers in the U.S. economy.
3. The total dollar value of all final goods and services produced in a country during one year
is called the Gross Domestic Product (GDP).
4. The GDP in our economy has declined steadily for the past few years.
5. The base year used in comparing GDPs adds confusion to the comparison.
6. GDP per capita is found by dividing total GDP by the total work force.
7. Both worker training and management techniques have helped improve our productivity.
8. Changes in the business cycle form a pattern of good times to bad times and back.
9. When the economy slows down, it enters a phase of the business cycle known as recession.
10. Recovery in the business cycle occurs after a period of inflation.
Answers
Answer:
hi
Explanation:
1. True
2. True
3. True
4. False
5. False
6. False
7. False
8. True (not sure)
9. True
10. False
Have a good day!
Thorpe Corporation purchases a new delivery truck and signs a note payable at the truck dealership for the total cost. The impact of this transaction on Thorpe Corporation A. increases assets and increases stockholders' equity. B. increases assets and increases liabilities. C. decreases assets and increases liabilities. D. increases assets and decreases stockholders' equity.
Answers
In order to pay for the cost of the new delivery truck, Thorpe Corporation signs a note payable at the truck dealership. Thorpe Corporation's assets and liabilities will grow as a result of this transaction.
A company is a legitimate entity that exists independently of its owners. Many of the same legal rights and obligations that apply to individuals liabilities also apply to businesses. They have legal authority to make agreements, lend and borrow money, file lawsuits, hire staff, possess property, and pay taxes.
The majority of big companies are corporations, such. Some businesses operate both under their own names and under several trade names, such as.
While a corporation's exact legal definition varies from one jurisdiction to the next, restricted liability is always its most crucial feature. As a result, shareholders are not individually responsible for the debts of the business but may share in the gains through dividends and stock appreciation.
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increases assets and increases liabilities
Thorpe Corporation signs a note made payable to the truck dealership to cover the cost of the new delivery truck. The assets and liabilities of Thorpe Corporation will increase as a result of this transaction.
What is Corporation?A business is a legitimate entity that exists without the involvement of its owners. Businesses have many of the same legal rights and responsibilities that apply to individuals. They have the right to enter into contracts, make loans and take loans, bring legal actions, appoint people, own property, and pay taxes.
Most large businesses are corporations as such. Numerous trade names, including, are used by certain businesses in addition to their own.
Despite the fact that a corporation's precise legal definition differs from one country to the next most crucial feature. As a result, shareholders are not individually responsible for the debts of the business but may share in the gains through dividends and stock appreciation.
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True or false if false please correct it
1- Cost Focus is a tool to scan external environments. (t/f)
2- Quality Standards application is a tool to continuous improvements.(t/f)
3- Cost focus is a way to differentiation.(t/f)
4- Strategic performance means strategic implementation.(t/f)
5- Strategy formulation means building strategic standards.(t/f)
6- Strategic plan should answer three questions?(t/f)
7- Divisional structure is to divide the company into functions.(t/f)
8- Lack of resources is one of the changes blocks.(t/f)
9- Organizational life cycle describes the organizational innovation.(t/f)
10- Matrix structure is a traditional method to build your company hierarchy.(t/f)
11- Differentiation focus is a tool to implement strategy.(t/f)
12- Financial strategy is a corporate level.(t/f)
13 Programs needs a balance sheet to be implemented.(t/f)
14- Strategic execution means strategic implementation.(t/f)
15- Procedures are required to implement the strategy.(t/f)
16- Strategic implementation needs simple structure.(t/f)
17- Divisional structure is to divide the company into matrix structure.(t/f)
18- Innovation is one of the changes blocks.(t/f)
19- Organizational life cycle describes the organizational performance.(t/f)
20- Network structure is a traditional method to build your company hierarchy.(t/f)
21- Functional strategy is a tool to implement strategy.(t/f)
22- Divisional structure is a business unit level.(t/f)
23- Programs needs procedures to be implemented.(t/f)
24- Strategic execution means strategic formulation.(t/f)
25- Change approval is a required to implement the strategic.(t/f)
26- Strategic implementation could need re-engineering.(t/f)
27- Divisional structure is to divide the company into decentralized units.(t/f)
28- Innovation is one of the changes blocks.(t/f)
29- Organizational life cycle describes the organizational performance. (t/f)
Answers
False. Cost Focus is a strategy that involves targeting a specific cost segment of the market, not a tool to scan external environments.
False. Quality Standards application is a tool to ensure consistent quality in processes and products, not specifically for continuous improvements.
False. Cost focus is a cost-based strategy and not a way to differentiation.
False. Strategic performance refers to the achievement of strategic objectives, while strategic implementation refers to the actions taken to execute a strategy.
False. Strategy formulation involves the development of strategies, not building strategic standards.
True. A strategic plan should typically answer three fundamental questions: where are we now, where do we want to go, and how do we get there.
False. Divisional structure is used to divide the company into divisions or business units based on products, geography, or other criteria, not functions.
True. Lack of resources can be one of the barriers or challenges in implementing changes.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational innovation.
False. Matrix structure is a more contemporary approach that combines functional and divisional structures, not a traditional hierarchy.
False. Differentiation focus is a strategy that involves targeting a specific market segment with differentiated products or services, not a tool to implement strategy.
False. Financial strategy can be part of the corporate level strategy, but it is not exclusively a corporate level strategy.
False. Programs do not necessarily require a balance sheet to be implemented. A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
True. Strategic execution and strategic implementation are often used interchangeably, referring to the process of putting a strategy into action.
True. Procedures or processes are necessary to implement a strategy effectively.
False. Strategic implementation can vary in complexity and may not always require a simple structure.
False. Divisional structure and matrix structure are different organizational structures and not synonymous.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle describes the stages of development and growth of an organization, not specifically organizational performance.
False. Network structure is a more contemporary approach that emphasizes collaboration and interconnectivity, not a traditional hierarchical structure.
True. Functional strategy can be a tool used to implement strategy at the functional level, aligning functional activities with overall strategic goals.
True. Divisional structure is typically implemented at the business unit level, dividing the organization based on divisions or business units.
True. Programs often require specific procedures or processes to be implemented effectively.
False. Strategic execution refers to the implementation of a strategy, not its formulation.
False. Change approval is not a requirement to implement a strategy. It may be necessary in certain cases, but it is not universally required.
True. Strategic implementation may require re-engineering or restructuring of processes and systems to align with the new strategy.
True. Divisional structure is designed to divide a company into decentralized units or divisions.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational performance.
What is Strategic Performance?Strategic performance refers to the measurement and evaluation of an organizations ability to achieve allure strategic objectives and aims. It involves assessing the depiction of various factors, to a degree operational efficiency, economic outcomes, customer delight, and employee engagement, to decide the extent to which the arrangement is successfully implementing allure strategic plans.
Strategic performance is approximately linked to an organization's overall game plan and long-term vision. It focuses on weighing the progress and effectiveness of strategic push's and determining whether they are superior to desired outcomes.
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15. A retail co. plans to work on a margin of 44% of retail price & to incur other Variable Cost of 4%. If is expected fixed cost of Br. 20,000. A. Find the equation relating Total Cost to sales B. Find the profit if sales are Br. 60,000 C. Find the breakeven revenue D. If profit is Br. 15,000 what should be the revenue level? E. If you have any one item at a price of Br. 15/unit how do you convert the cost equation in terms of revenue in to a cost equation in terms of quantity?
Answers
Financial mathematics refers to the application of mathematical methods to the resolution of financial problems. It applies methods from probability, statistics, stochastic processes, and economic theory.
margin on which retail company works = 44%
variable cost = 4%
fixed cost = Br. 20,000
we need to find:
the equation relating total cost to sales.
the profit if sales are Br . 60,000
the break-even revenue
if profit is Br. 15,000 then what will be its revenue level
how to convert the cost of equation in terms of revenue
(i) given fixed cost = Br. 20,000
VC = 0.4 ₊ 0.56
Y = 0.6x ₊ 20,000
the above formed is the equation relating total cost to sales.
(ii) Π = TR ₋ TC
= 60,000 ₋ (0.6×60000₊20000)
= 60,000 ₋ (36000₊20000)
= 60,000 ₋ 56000
= 4000 birr
(iii) breakeven revenue:
BER or Xe = FC/1₋m = 20000/1₋0.6
= 20000/0.4
=50,000
(iv) Qin sale = FC ₊ π/1₋M
= 20000₊15000/1₋0.6
= 35000/0.4
= 87,500
(V) The cost equation is:
y = bx
87500 = 15x
x = 87500/15
x = 5833.33
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