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sergiy2304 [10]
2 years ago
15

King and Cleland recommend that organizations carefully develop a written mission statement in order to reap which​ benefit? A.

To make sure all​ employees/managers understand the​ firm's history B. To provide a basis for prioritization of key external factors utilized to formulate contingency plans C. To assure excellent financial management of resources D. To provide a basis for organizing​ work, departments,​ activities, and segments around industry standards E. To provide a basis for the allocation of resources
Business
1 answer:
Artist 52 [7]2 years ago
6 0

Answer:

All the options are relevant

Explanation:

A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being.

A mission statement defines what line of business a company is in, and why it exists or what purpose it serves. Every company should have a precise statement of purpose that gets people excited about what the company does and motivates them to become part of the organization. A mission statement should also define the company’s corporate strategy and is generally a couple of sentences in length.

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Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 2%
SSSSS [86.1K]

Answer:

Year 1: Dividend paid to cumulative preferred stock = $51,000; Dividend paid to common stock = 0.

Year 2: Dividend paid to cumulative preferred stock = $93,000; Dividend paid to common stock = $12,000.

Year 3: Dividend paid to cumulative preferred stock = $72,000; Dividend paid common stock = $9,000.

Year 4: Dividend paid to cumulative preferred stock = $72,000; Dividend paid common stock = $48,000.

Explanation:

Year 1

Dividend distributed = $51,000

Cumulative preferred stock dividend payable = 60,000 * $60 * 2% = $72,000

Dividend paid to cumulative preferred stock = $51,000

Carried forward cumulative preferred stock dividend = $72,000 - $51,000 = $21,000

Dividend paid to common stock = 0

Year 2

Dividend distributed = $105,000

Year 2 cumulative preferred stock dividend due = 60,000 * $60 * 2% = $72,000

Cumulative preferred stock dividend payable = Due in year 2 + Carried down from year 1 = $72,000 + $21,000 = $93,000

Dividend paid to cumulative preferred stock = $93,000

Dividend paid to common stock = $105,000 - $93,000 = $12,000

Year 3

Dividend distributed = $81,000

Cumulative preferred stock dividend payable = 60,000 * $60 * 2% = $72,000

Dividend paid to cumulative preferred stock = $72,000

Dividend paid common stock = $81,000 - $72,000 = $9,000

Year 4

Dividend distributed = $120,000

Cumulative preferred stock dividend payable = 60,000 * $60 * 2% = $72,000

Dividend paid to cumulative preferred stock = $72,000

Dividend paid common stock = $120,000 - $72,000 = $48,000

5 0
2 years ago
Select a business/company that you feel does not understand the psychology of waiting and provide examples in their process wher
kramer

Answer:

Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :  

a) Uncertain Waits Are Longer than Explained Waits - There is no clarification or sureness with respect to how a lot of time it will take for the espresso or your refreshment to be conveyed while you are in that line. This is questionable as the client's before you would request mass requests which may take additional time than only one espresso. In this way, these holds up are questionable.  

b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.  

c) Individual Waits Feel Longer than Group - Now very likely in a line, we will have people who are standing by solo for their request in the line. In this manner, the performance hold up will feel longer than holding up in an organization of companions or additionally little converses with outsiders or conveying here and there. In this manner, the issue of solo holding up is a distress and it remains.

5 0
2 years ago
When a company has an obligation or right to repurchase an asset for an amount greater than or equal to its selling price, the t
Alexus [3.1K]

Answer:

financing transaction.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, investing and financing activities.

A transaction can be defined as a business process which typically involves the interchange of goods, financial assets, services and money between a seller and a buyer.

Financing transaction can be defined as an obligation or right of an organization (business firm) to repurchase an asset for an amount greater than or equal to the selling price of the asset.

7 0
2 years ago
If expected return is less than required return on an​ asset, rational investors will​ ________.
DedPeter [7]
Sell the asset, which will drive down the price and cause the expected return to reach the level of the required return.
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2 years ago
You pay $100 for a ticket to a basketball game. After three quarters, the visiting team has a 30-point lead.
valentina_108 [34]
True because noting ever adds in to it
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2 years ago
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