The correct answer is A) alignment.
After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.
This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.
Answer:
There the company's net income is $1.2 million.
Explanation:
Solution
Given that:
The Profit Margin is = 8% of Sales
Thus
DTO Inc's Net Income will be 8% of $ 15 million =$ 1,200,000 or $ 1.2 million
=$15 million *8% = $1.2 million
(ROA) or Return on Assets = Net Income / Total Assets
= $ 1.2 million / $ 12.6 million
= 9.52%
Then
Total Assets = Total Debt + Total Equity
So the Total Assets are $ 12.6 million, and the Total Debt is $ 5.6 million, then the Total Equity works out to $ 7 million.
=$12.6 million - $ 5.6 million
=$7 million
Hence
Return on Equity (ROE) = Net Income / Total Equity = $ 1.2 million / $ 7 million = 17.14%
Answer:
X = 789.70
Explanation:
we solve for X considerign each deposit is discounted at the given rate using the lump sum formula:
X = 789.7018868
Answer:
5,900= standard quantity
Explanation:
Giving the following information:
Actual direct labor-hours worked 6,200 hours
Standard direct labor rate $7 per hour
Labor efficiency variance $2,100 Unfavorable
<u>To calculate the standard hour, we need to use the following formula</u>:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
-2,100 = (standard quantity - 6,200)*7
-2,100= 7standard quantity - 43,400
41,300/7 = standard quantity
5,900= standard quantity
