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kotykmax [81]
1 year ago
7

Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Cathol

ic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of to identify a replacement for him.
Business
1 answer:
atroni [7]1 year ago
3 0

The correct question is:

Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of _____________ to identify a replacement for him.

Answer:

Succession planning

Explanation:

Succession planning is the process by which new leaders in an organisation are identified and developed to adequately fill in the role of departing leaders.

This process is important as it prepares experienced staff to take up responsibility in cases of resignation, retirement, or death of a leader.

In the given instance Brother Ed Phalen served as the Executive Director of the center for more than two decades.

Considering his retirement he would need to get someone to take over leadership role from him.

So he and the the board of directors will need to begin a succession plan to identify his replacement

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Condelezza Co. manufactures two products, A and B, in two production departments, Assembly and Finishing. Condelezza Co. expects
Naddika [18.5K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Condelezza Co. expects to produce 10,000 units of Product A and 20,000 units of Product B in the coming year.

Budgeted factory overhead costs for the coming year are:

Assembly $310,000

Finishing 240,000

Total $550,000

The machine hours expected to be used in the coming year are as follows:

Assembly Dept.

Product A 15,100

Product B 4,900

Total 20,000

Finishing Dept.

Product A 9,000

Product B 11,000

Total 20,000

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 550,000/40,000= $13.75 per machine hour

B) Departamental rates:

Assembly= 310,000/20,000= $15.5 per machine hour.

Finishing= 240,000/20,000= $12 per machine hour.

5 0
2 years ago
Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2014 as the base year, compute
pishuonlain [190]

Answer:

                               2014               2015                      2016

Net Sales               182,795         233,715 (+27.9%)    215,639 (+18.0%)

Cost of Sales         112,258          140,089 (+24.8%)   131,376 (+17.0%)

operating income  52,503           71,230 (+35.7%)      60,024 (+14.3%)

other income

(expense) net             980              1,285 (+31.1%)            1,348 (37.5%)

net income              39,510            53,394 (+35.1%)       45,687 (15.6%)

                                2015                   2016

Total assets            290,345              321,686

Current assets

(% of total assets)   89,378 (30.8%)   106,689 (33.2%)

PP&E                         22,471 (7.7%)        27,010 (25.3%)

goodwill plus

intangible assets     9,009 (10.1%)       8,620 (8.0%)

3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2016

Apple became more liquid in 2016, because current assets as % of total assets were 30.8% in 2015, and 33.2% in 2016.

6 0
2 years ago
Summers, Inc., is an unlevered firm with expected annual earnings before taxes of $32.5 million in perpetuity. The current requi
mezya [45]

Answer:

Check the explanation

Explanation:

Check the attached image below for:

1) Value of equity = EBIT x (1 - tax) / Cost of equity

2) Stock Price

3) PV of tax shield

Value of the firm

4) Price per share

5) No. of shares repurchased

6) New price

7) Value of equity = (EBIT - Interest) x (1 - tax) / Cost of equity

8 0
1 year ago
A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 9 years, and a cost of capital of 11%
Sati [7]

Answer:

It will take 7 years and 156 days to pay back.

Explanation:

Giving the following information:

A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 9 years, and a cost of capital of 11%.

To calculate the discounted payback period, we need to discount each cash flow until the initial investment is cover.

PV= Cf/ (1+i)^n

Discounted cash flow     Pay back

Year 1= 9,000/(1.11)= 8,108.11                        31,819.89

Year 2= 9,000/(1.11^2)= 7,304.60                  24,515.29

Year 3= 9,000/(1.11^3)= 6,580.72                  17,934.57

Year 4= 9,000/(1.11^4)= 5,928.58                  12,005.99

Year 5= 9,000/(1.11^5)= 5,341.06                  6,664.93

Year 6= 9,000/(1.11^6)= 4,811.77                   1,853.16

Year 7= 9,000/(1.11^7)= 4,334.93                  0

To be more accurate:

(1,853.16/4334.93)*365= 156 days

It will take 7 years and 156 days to pay back.

7 0
1 year ago
________ and currency risks are to key country success factors as land costs and ________ are to key region success factors. Lab
Ivahew [28]

Answer:

A.Labor​ cost; proximity to customers

Explanation:

The key country success factors would be responsible for the country success i.e. labor cost and for the factors related to region success is the customer proximity i.e to become important for business success

Therefore the correct answer is labor cost and the customer proximity

Hence all the other options are incorrect

8 0
2 years ago
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