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2 years ago

Stakeholder impact analysis is a _____-step process that allows managers to better understand and address stakeholders' needs.

1 answer:

4 0

Stakeholder impact analysis is a five step process that allows managers to better understand and address stakeholders' needs.

Stakeholder impact analysis is a five steps process. Stakeholder impact analysis allows the manager to address the stakeholders’ needs and understand them better.

Stakeholder impact analysis is five steps process that allows managers to understand the need of their stakeholders. A stakeholder is any entity either person or organization, who is directly or indirectly affects the organization or its project.

The five steps of stakeholder impact analysis are:

Identify the stakeholder: At this step, managers identify who are their stakeholders that are directly or indirectly affected by their projects, products, or services.
The interest of the stakeholder: This step defines the interest of the stakeholder
Opportunities and threats associated with stakeholders: this defines the present opportunities and threats to stakeholders
Our responsibilities to stakeholders: This process defines that what is our legal, ethical, economic, and philanthropic responsibilities to our stakeholders
Effectively address the stakeholders’ concerns: This step forces to take action to effectively address the stakeholders’ concerns.

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Which of the following is an advantage of multiple-choice achievement tests over holistic performance-based assessments? Group o

garri49 [273]

Answer:C. Multiple- choice achievement test are criterion -referenced

Explanation:

They can be used to measure different qualitative and quantitative resources of the sample been observed.

3 0

2 years ago

Garden Sales, Inc, sells garden supplies. Management is planning its cash needs for the second quarter. The company usually has

muminat

Answer:

Garden Sales, Inc.

April May June Total

1. Cash Collections:

Cash sales (20%) $92,000 $198,000 $88,000 $378,000

Credit sales:

10% month of sale 36,800 79,200 35,200 151,200

70% month following sale 123,200 257,600 554,400 935,200

20% second month following 25,600 35,200 73,600 134,400

Total cash collections $277,600 $570,000 $751,200 $1,598,800

2. Merchandise Inventory:

a. Purchases Budget April May June

Cost of goods sold 322,000 693,000 308,000

Ending inventory (15%) 103,950 46,200 35,700

Goods available for sale 425,950 739,200 343,700

Beginning inventory 84,000 103,950 46,200

Purchases 341,950 635,250 297,500

b. Cash payment for purchases:

50% month of purchase 170,975 317,625 148,750 637,350

50% month following purchase 126,000 170,975 317,625 614,600

Total payment for purchases $296,975 $488,600 $466,375 $1,251,950

3. Cash Budget

April May June Total

Beginning cash balance $46,000 $40,225 $40,425 $46,000

Total cash collections 311,200 652,800 727,600 $1,691,600

Cash available $357,200 $693,025 $768,025 $1,737,600

Payment for purchases $296,975 $488,600 $466,375 $1,251,950

Other payments:

Dividends 24,000 24,000

Land purchase 32,000 32,000

Selling & administrative exp. 115,000 134,000 73,400 322,400

Total cash payments $435,975 $654,600 $539,775 $1,630,350

Cash Balance (78,775) 38,425 228,250 228,250

Minimum Cash balance (40,000) (40,000)

Cash required $118,775 $1,575 0 0

Cash borrowed $119,000 $2,000 (123,400) (123,400)

Ending balance 40,225 40,425 104,850 104,850

4. To: The President

From: FC

Subject: Revised Estimates and the Cash Budget

Date: April 26, 2021

The revised estimates will ensure that the company has the ability to pay off its borrowings in April and May by the end of the second quarter.

It should be maintained.

Regards,

Explanation:

a) Data and Calculations:

Budgeted monthly absorption costing income statements for April-July are:

April May June July

Sales $460,000 $990,000 $440,000 $340,000

Cost of goods sold 322,000 693,000 308,000 238,000

Gross margin 138,000 297,000 132,000 102,000

Selling and administrative expenses *

Selling expense 89,000 94,000 55,000 34,000

Administrative expense 42,000 56,000 34,400 32,000

Total selling and administrative

expenses 131,000 150,000 89,400 66,000

Net operating income $7,000 $147,000 $42,600 $36,000

April May June July

Sales $460,000 $990,000 $440,000 $340,000

Credit sales (80%) 368,000 792,000 352,000 272,000

Cash collections

Cash sales (20%) $92,000 $198,000 $88,000 $68,000

Credit sales:

10% month of sale 36,800 79,200 35,200 27,200

70% month following sale 123,200 257,600 554,400 246,400

20% second month following 25,600 35,200 73,600 158,400

Total cash collections $277,600 $570,000 $751,200 $500,000

April May June July

Cost of goods sold 322,000 693,000 308,000 238,000

Ending inventory (20%) 138,600 61,600 47,600

Goods available for sale 460,600 754,600 355,600

Beginning inventory 64,400 138,600 61,600 47,600

Purchases 396,200 616,000 294,000

Cash payment for purchases:

50% month of purchase 198,100 308,000 147,000

50% month following purchase 93,800 198,100 308,000

Total payment for purchases $291,800 $506,100 $455,000

Other payments:

Dividends 24,000

Land purchase 32,000

Selling & administrative exp. 115,000 134,000 73,400

Total cash payments $430,800 $672,100 $528,400

Principal debt to bank at the end of the quarter = $121,000

+ Interests: 1% of $119,000 = $1,190

1% of $121,000 1,210

Total interest owed $2,400 2,400

Total debt to the bank at the end of the quarter = $123,400

Revised Estimates:

Credit sales (80%) 368,000 792,000 352,000 272,000

Cash collections

Cash sales (20%) $92,000 $198,000 $88,000 $378,000

Credit sales:

25% month of sale 92,000 198,000 88,000 378,000

65% month following sale 114,400 239,200 514,800 868,400

10% second month following 12,800 17,600 36,800 67,200

Total cash collections $311,200 $652,800 $727,600 $1,691,600

April May June July

Cost of goods sold 322,000 693,000 308,000 238,000

Ending inventory (15%) 103,950 46,200 35,700

Goods available for sale 425,950 739,200 343,700

Beginning inventory 84,000 103,950 46,200

Purchases 341,950 635,250 297,500

Cash payment for purchases:

50% month of purchase 170,975 317,625 148,750

50% month following purchase 126,000 170,975 317,625

Total payment for purchases $296,975 $488,600 $466,375

Other payments:

Dividends 24,000

Land purchase 32,000

Selling & administrative exp. 115,000 134,000 73,400

Total cash payments $435,975 $654,600 $539,775

5 0

3 years ago

Alt Corp. issues 3,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made

storchak [24]

Answer:

Credits are made to Common Stock $30,000 and Paid in capital in excess of Par value $12,000

Explanation:

The journal entry is shown below;

Cash $42,000 (3,000 shares at $14)

To Common Stock $30,000 (3,000 shares at $10)

To Paid in capital in excess of par value $12,000 (3,000 shares at $4)

(Being issuance of the common stock is recorded)

Here cash is debited as it increased the assets and credited the common stock & paid in capital as it also increased the stockholder equity

8 0

2 years ago

In the retail industry, ABC tries to add value to their products and services so they can attract customers who are willing to p

kicyunya [14]

Answer:

A. Differentiation strategy.

Explanation:

In a market different firms try to maintain a competitive edge over others. This is achieved by using various strategies like: Differentiation strategy, Local strategy, Regional strategy, Cost-leadership strategy, Global strategy.

In the given scenario ABC tries to add value to their products and services so they can attract customers who are willing to pay a higher price.

This is a differentiation strategy where a firm tries to make their product different from.otgers in order to maintain a competitive advantage over others

5 0

2 years ago

A company's net sales were $676,600, its cost of goods sold was $236,810 and its net income was $33,750. Its gross margin ratio

algol13

Answer:

13.01%

Explanation:

Gross Margin Ratio = $\frac{Net Sales - Cost of Goods Sold}{Net Income}$

Gross Margin Ratio = $\frac{676,000 - 236,810}{33,750}$

Gross Margin Ratio = $\frac{439,190}{33,750}$

Gross Margin Ratio = 13.01%

Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.

7 0

3 years ago