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victus00 [196]
2 years ago
13

In the twenty-first century, managers increasingly need to consider their plans as ________. a. a vague philosophy that should n

ot interfere with actions b. flexible road maps with destinations that may change c. highly explicit recipes that must be scrupulously followed d. rigid road maps with a single destination
Business
1 answer:
Gwar [14]2 years ago
7 0

Answer:

Flexible road maps with destinations that may change.

Explanation:

Creativity and adaptability are necessary for a modern day manager, as things are constantly changing and the manager needs to keep up to speed with those changes around.

Therefore the manager has to make his plans flexible to accommodate future changes that can possibly occur.

You might be interested in
Maria Queen was reviewing her business activities at the end of the year (2022) and decided to prepare a Retained Earnings State
fiasKO [112]

Answer:

Retained earnings at the beginning of the year;

Equity = Common stock + Retained earnings

Retained earnings =  Equity - Common stock

Equity = Assets - Liabilities

= 700,000 - 210,000

=$490,000

Retained earnings = 490,000 - 200,000

=$290,000

........................................................Maria Queen..................................................

.....................................Statement of Retained Earnings..................................

.........................................For the year ended 2022..........................................

Opening Balance...............................................................................$290,000

Add:

Net Profit .............................................................................................$220,000

Less:

Dividends.............................................................................................($120,000)

Retained Earnings, 31 Dec 2022............................................$390,000

5 0
2 years ago
ABC Company is unloading coal from a barge on the Mississippi River. The barge contains 1,760 tons of coal. The coal is shoveled
Naily [24]

Answer:

The answer is: 5 hours 20 minutes; 4 Trucks

Explanation:

Each truck has a 16 minute window to pick up and dump the coal. This process can be observed as an assembly line where each stage of production is the stages of coal transport. When Truck A is travelling to the dump site, Truck B can be loading the coal. When Truck B is travelling to the dump site and Truck A is dumping the coal, Truck C would be loading the coal. When Truck A is travelling to the loading area, Truck B dumping the coal and Truck C travelling to the dump site, Truck D would be loading the coal. Once Truck A gets to the loading area, Truck D would be on its way to the dump site and so on. In each 16 minute window 88 tons of coal (22 tons * 4) is picked up and dumped, that is, 22 tons every 4 minutes. Given that there are 1, 760 tons of coal, the total time taken to dump all the coal is equal to 320 minutes:

88 tons = 16 minutes (22 tons dumped every 4 minutes)

1, 760 tons = (1760 tons * 16)/88 tons = 320 minutes

320 minutes/ 60 minutes = 5 hours 20 minutes

6 0
2 years ago
Suppose Luther Industries is considering divesting one of its product lines. The product line is expected to generate free cash
erik [133]

Answer:

$61,127,596

Explanation:

formula for the value of operations =

[Free Cash Flows (1 + growth rate)] / (WACC - growth rate)

where

We have D/E = 2 or D=2*E  (debt-equity ratio)

Tax = T=35%,

Ks=10%,

Kd =7%

Kd*(1-T) = 7%*(1-35%) = 4.55%

WACC = Kd*(1-T)*(D/(D+E)) + Ks*(E/(D+E))

WACC = 4.55%*(2E/3E) + 10%*(E/3E)

WACC = 4.55%*(2/3) + 10%*(1/3)

WACC = 6.37%

Value of Ops = 2000000*(1+3%)/(6.37%-3%)

Value of Ops = $61,127,596

to be profitable it must receive for the product line $61,127,596

6 0
2 years ago
The estimated demand for a good is Q = 3,600 - 12P + 0.6M - 2.5PR where Q is the quantity demanded of the good, P is the price o
Gnom [1K]

Answer:

c

Explanation:

a. Related goods can be complementray goods or substituted goods. In case of complementary goods, price of related good is inversely related to quantity demanded. In case of substituted goods, price of related good is directly related to quantity demanded.

b. It can be greater than 1.

c. It is always negative as relationship between price and quantity demanded is inverse.

d. It doesn't violate the law of demand

4 0
2 years ago
Prof. Chaos finds a new house he wants to buy for $260,000. After selling his current house he expects to have $80,000 as a down
olchik [2.2K]

Answer:

The monthly payment will be for  259.35

Explanation:

we will calculate the couta for an ordinary annuity of 30 years at 4% discount rate

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $180,000.00

time 360 (30 years x 12 months per year)

rate 4% divided into 12 months: 0.003333333

180000 \div \frac{1-(1+0.003333)^{-360} }{0.003333} = C\\

C  $ 259.348

5 0
2 years ago
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