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RSB [31]
2 years ago
7

Without having a plan in place, managers may focus only on _____ instead of keeping a long-range view and anticipating new oppor

tunities.
Business
1 answer:
il63 [147K]2 years ago
6 0

Without having a plan in place, managers may focus only on whatever in front of them instead of keeping a long-range view and anticipating new opportunities.

<h3>What is planning?</h3>

Planning can be regarded as one of the  function of management which requires the manager to set a goal as well as objectives that is needed to work on.

Therefore if a manager fails to plan, there wont be a direction and this will not allow him to achieves those goals and objectives and this will affect the future of the organization.

learn more about planning at:brainly.com/question/24864915  

#SPJ1

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Who must make the determination to cancel an invitation for bids after bid opening?a.Contracting officerb.Chief of the contracti
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Answer:

c.Head of the contracting activity

Explanation:

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How do we affect the economy?
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human settlement and migration, the gathering of raw materials, and the manufacturing of finished products.
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2 years ago
The following information to perform the calculations below (using the indirect method).
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Explanation:

Based on the information given in the question, the the amount of cash used by investing activities would be calculated as:

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7 0
3 years ago
Sheffield Company has $145,000 of inventory at the beginning of the year and $131,000 at the end of the year. Sales revenue is $
notka56 [123]

Answer:

Sheffield Company

Inventory Turnover Ratio = Cost of goods sold/Average Inventory

= $1,145,400/$138,000

= 8.3 times

Explanation:

a) Data and Calculations:

Beginning inventory = $145,000

Ending inventory = $131,000

Average inventory = (Beginning inventory + Ending inventory)/2

= ($145,000 + 131,000)/2

= $138,000

Sales revenue = $1,972,800

Cost of goods sold = $1,145,400

Net income = $248,400

b) The inventory turnover ratio for Sheffield Company  is an efficiency ratio that shows how inventory is managed and the number of times Sheffield sells or consumes the inventory during an accounting period.   This is why Sheffield Company takes the average of the inventories in order to smoothen seasonal fluctuations in the inventory level during the year.  When this ratio divides the number of days in the accounting period, Sheffield will get the days it takes for inventory to be purchased or produced, and then sold or consumed.

7 0
3 years ago
You buy a stock for which you expect to receive an annual dividend of $2.10 for the fifteen years that you plan on holding it. a
kap26 [50]
<span>You are given an annual dividend of $2.10 for the fifteen years that you plan on holding it. Also, after 15 years, you are given to sell the stock for $32.25. You are asked to find the present value of a share for this company if you want a 10% return. You have to mind that the future stock for 15 years is $32.25. You are not only going to mind the present value of the annuity at $2.10 but also the $32.25.

With the interest of r = 10% and number of years of n = 15, we get
PVIFA = 7.6061.

For annuity we have,
$2.10 * 7.60608 = $15.973

For $32.35 with r = 10% and n = 15
PVIF = 0.239392

Thus for the present value of selling price,
$32.25 * 0.239392 = $7.720

Thus the present value of the share
P = $15.973 + $7.720
P = $23.693
</span>
6 0
3 years ago
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