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1 year ago

What are the possible effects if there is no business planning?

Business

2 answers:

Vsevolod [243]1 year ago

5 0

Answer:

Without planning, there will be no mission statement and no vision.

Explanation:

Employees are most productive when they understand the bigger picture behind what they are doing, so productivity will decrease .

goblinko [34]1 year ago

4 0

Answer:

Without planning, there will be no mission statement and no vision. Employees are most productive when they understand the bigger picture behind what they are doing, so productivity will decrease.

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What is the present value of 4360 to be received at the beginning of each of 30 periods discounted at 5% compound interest

Sloan [31]

Answer:

The right solution is "70375.08".

Explanation:

Given that,

Present value,

= 4360

Interest rate,

= 5%

Time period,

= 30

Now,

The present value of inflows will be:

= $(1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}$

= $1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}$

= $4360\times 16.1410736$

= $70375.08$

5 0

3 years ago

Define economic profit. Explain how economic profit is different than accounting profit. Why is it important for economists to m

saul85 [17]

Answer:

a. Economic profit is the excess of revenue over both opportunity (implicit) and explicit costs. Explicit costs are the cost of all inputs used.

b. The difference between economic profit and accounting profit is that in calculating economic profit, both the explicit costs and the implicit or opportunity costs are deducted from the revenue. Whereas, in computing the accounting profit, only the explicit costs are deducted from the revenue.

c. Economists measure economic profit rather than accounting profit because economists believe that the real cost of an output includes the economic or opportunity cost (potential benefits lost as a result of the course of action chosen).

Explanation:

Opportunity cost is the implicit cost incurred, which is equal to the potential benefits lost by an individual or a business, when an alternative is chosen instead of the other alternative. It is an important concept in the computation of economic profit. The concept ensures that both implicit and explicit costs are considered when determining the profits generated by a business.

3 0

3 years ago

Question 9 The Sunland, Inc. sold 9,120 season tickets at $2,100 each. By December 31, 2017, 16 of the 40 home games had been pl

MissTica

Answer:

The current liability at December 31st 2017 is $ 11,491,200.00

Explanation:

The total amount realized from the sale of tickets is $19,152,000.00

($2100*9120) which is a revenue received in advance , a current liability,however only 16 out of 40 games have been played at 31st December 2017, which implies that Sunland Inc is now entitled to recognize revenue for 16 games.

The revenue for 16 games is computed below:

$19,152,000.00 *16/40=$ 7,660,800.00

The necessary entries for this is shown below:

Dr Deferred revenue $7,660,800.00

Cr Sales revenue $7,660,800.00

This leaves a balance of $ 11,491,200.00 ($19,152,000.00 -$7,660,800.00) in the deferred revenue account, by implication the current liability at December 31st 2017 is $ 11,491,200.00

6 0

3 years ago

Henry works in the HR department of an advertising firm that has recently brought in employees specializing in analysis of large

Drupady [299]

Answer:

Explanation:

In Henry's case, as the manager is not going to take into consideration specific techniques of behavior, Henry must put emphasis on <em>practical but long-lasting feedback</em> so based on those guidelines the manager can start taking better decisions for the company to reach its consumers' expectations.

3 0

3 years ago

Security in the form of assets you pledge to a lender.

Anuta_ua [19.1K]

C is the answer. Hope this helps.

6 0

3 years ago

Read 2 more answers