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1 year ago

The planning cycle is represented with six steps in our text, but in practice, it has?

1 answer:

6 0

The planning cycle is represented with six steps in our text, but in practice, it has innumerable steps, with many steps that are repeated and reviewed as events unfold, just as a driver checks the map or GPS frequently.

The planning cycle defines the specific goals and shows that how the goals support the vision and mission. Here, the goals should be stated in measurable terms wherever possible.

Planning, and in fact all of the management functions involved, is a cycle which is known to be within a cycle. As for most of the organizations, new goals are continually being made or existing goals may get changed, or new events may get unfold so there planning never ends.

Hence, the planning cycle takes innumerable steps.

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Suppose that you invest $100 today in a risk-free investment and let the 6 percent annual interest rate compound. What will be t

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It is given that :

Amount of investment or the principle amount , P = $ 100

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Therefore the future amount of this investment in a 6 year time is given by,

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Therefore, after 6 years the investment of $ 100 will give an amount of $ 141.

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3 years ago

Jacob Corcoran bought 10,000 shares of Grebe Corporation stock two years ago for $24,000. Last year, Jacob received a nontaxable

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Answer:

Jacob purchased 10000 shares form Grebe corporation two years ago for $24000

last year Jacob received a non taxable stock dividend of 2000 shares from Grebe corporation

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Explanation:

Jacob purchased 10000 shares form Grebe corporation two years ago for $24000

last year Jacob received a non taxable stock dividend of 2000 shares from Grebe corporation

In the current year tax year Jacob sold all stock received as dividend that's 2000 shares for $18000

The gain of the sale of 2000 shares can be calculated by subtracting the basis in the shares from the cost price. the cost of shares = ( $24000 / 12000 ) = $2 per share

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