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nevsk [136]
3 years ago
7

At midyear, Barbara, the manager of a store, realizes that the new outlet mall with 300 stores down the street is taking much of

the sales away from her store, so she will need to revise the sales goals of her sales associates. Barbara is in what stage of the MBO process
Business
1 answer:
RoseWind [281]3 years ago
8 0

Answer: Stage four

Explanation:

MBO Stage four which is the performance evaluation stage. By reavluating the sales goals of her associates Barbra is in the performance evaluation stage of MBO better known as stage four. The performance evaluation review is usually carried out by the participating manager in this case which happens to be Barbra, it is used to check for performance related informations.

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Time lines can be constructed for annuities where the payments occur at either the beginning or the end of the periods.
soldi70 [24.7K]

Answer:

A. True

Explanation:

In the case when the payment is arise or occur either at the starting of the period or at the closing of the period, so the time line could be constructed for the annuities purpose

Therefore the given statement is true

That means the given statement cannot be false

Hence, the correct option is a.

6 0
3 years ago
Blossom Construction Company uses the percentage-of-completion method of accounting. In 2021, Blossom began work on a contract i
Veseljchak [2.6K]

Answer:

Blossom Construction Company

The gross profit that should be recognized in 2021 is:

= $5,500,000.

Explanation:

a) Data and Calculations:

Contract price = $47,500,000

Others:

Billings during the year $21,500,000

Collections during the year $10,500,000

Costs incurred during the year $22,000,000

Estimated costs to complete as of December 31 $16,000,000

Total estimated costs to complete = $38,000,000 ($22 + $16 million)

2021 Revenue = $22/$38 * $47.5 = $27,500,000

Costs incurred during the year =       22,000,000

Gross profit to be recognized =         $5,500,000

b) The percentage-of-completion method of accounting for long-term contract measures the percentage of costs incurred in each year against the contract price to determine the revenue which can be attributed to the year.

8 0
3 years ago
5. The time required and costs involved in an external audit are much higher as compared to internal audits.​
harina [27]

Answer:

True

:>>>

is this a question??

3 0
3 years ago
Ficus, Inc. began business on March 1 of the current year, and elected to file its income tax return on a calendar-year basis. T
Bas_tet [7]

Answer:

a. $44.44

Explanation:

The amortization will be allowed for 10 months in the year (March-December) as the return is filed on a calendar year basis. The deduction allowed per month $4.44 ($800 / 180).

The maximum allowable deduction for amortization of organizational expenditures in the current year is $44.44 ($4.44*10 months).

8 0
3 years ago
Holt Enterprises recently paid a dividend, D0, of $3.75. It expects to have nonconstant growth of 23% for 2 years followed by a
liq [111]

Answer:

a. How far away is the horizon date?

IV. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2.

b. What is the firm's horizon, or continuing, value? Round your answer to two decimal places. Do not round your intermediate calculations.

to determine the horizon value we can use the Gordon growth formula:

stock price = future dividend / (required rate of return - constant growth rate)

Div₀ = $3.75

Div₁ = $4.6125

Div₂ = $5.673375

Div₃ = $6.97825125

since the terminal value is calculated for year 2, we must use Div₃ in our calculations:

stock price = $6.97825125 / (9% - 6%) = $232.61

c. What is the firm's intrinsic value today, P0? Round your answer to two decimal places. Do not round your intermediate calculations.

we have to calculate the present value of:

P₀ = $4.6125/1.09 + $5.673375/1.09² + $232.608375/1.09² = $4.2317 + $4.7752 + $195.7818 = $204.7887 ≈ $204.79

4 0
4 years ago
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