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Katarina [22]
4 years ago
6

Which of the following is not an example of a financial strategic objective? Group of answer choices Generate Internet-related r

evenue of $1.5 billion. (AutoNation) Increase sales growth 6 percent to 8 percent and accelerate core net earnings growth from 13 percent to 15 percent per share in each of the next 5 years. (Procter & Gamble) Reduce volatile air emissions 15 percent by 2015 from 2010 base year, indexed to net sales. (3M) Cut corporate overhead costs by $30 million per year. (Fortune Brands)
Business
1 answer:
Ivenika [448]4 years ago
4 0

Answer:

Reduce volatile air emissions 15 percent by 2015 from 2010 base year, indexed to net sales. (3M) Cut corporate overhead costs by $30 million per year. (Fortune Brands)

Explanation:

The financial strategic objective refers to an objective in which the organization wants to mentioned about the change in the items of a financial statements like increase in growth in sales, increase in net earnings, etc

According to the given options, the last option is correct as in this no improvement is to be shown in terms of growth

Therefore the last option is correct

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ierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned
hoa [83]

Answer and Explanation:

The computation of the ending balance of the work in process is shown below:

For April month

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For May month

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4 years ago
Assume that the risk-free rate is 6% and the market risk premium is 5%. Given this information, which of the following statement
lana [24]

Answer:

d. An index fund with beta = 1.0 should have a required return of 11%.

Explanation:

required rate of return for a market indexed portfolio = 6% + (1 x 5%) = 11%

If the required rate of return is less than 11%, the beta is lower than 1.

If the required rate of return is more than 11%, the beta is larger than 1.

If beta doubles, then the required rate of return = 6% x (2 x 5%) = 16%

3 0
3 years ago
​A quotation representing the value of the dollar in terms of foreign currency is a(n) ____ quotation; a quotation representing
Black_prince [1.1K]

Answer:

direct; indirect

Explanation:

Foreign exchange quotations, relative prices or rates quoted among players in foreign exchange markets.

There are 3 types of foreign currency quotations :

  1. Direct quote: Direct quote is the unit price of a country quoted in reference to the country's currency.
  2. Indirect quotation: Indirect quotation is the reverse of direct quotation. This is the unit price of a country's currency known as foreign exchange terms.
  3. Cross-Rates: Although the banks deal with non-bank customers in the convertible currency for the French Franc / Italian lira, the Sterling / Spanish Fiesta, the Swiss franc / French franc and so on, the interbank market is usually in US quotes against the dollar.
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3 years ago
Similarities between organized Sector and Unorganised sector​
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Answer:

The sector which is registered and follows government rules and regulations, having employees and employee unions is called as an organised sector. ... The sector that comprises of small-scale enterprises or units and is not registered with the governmen

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