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charle [14.2K]
3 years ago
8

Shawn is a regional sales manager of a popular fortnightly magazine. he sets targets for and reviews the performances of the sal

es representatives of his region. changes in marketing strategies mandated by the marketing team at the magazine's headquarters authorized shawn to be solely responsible to bring about the necessary changes in his region. in the given scenario, shawn is most likely a _____.
Business
1 answer:
Alex777 [14]3 years ago
5 0

Answer: Shawn is most likely a middle manager.

Middle managers are the link between the top level of executive management and the lowers levels in a management hierarchy.

Middle managers are responsible for the junior staff. They are also in charge of implementing the strategies of a company within their region and their benefits are also linked with how efficiently they implement the company’s policy.  

Since Shawn is solely responsible for implementing the marketing strategies of the company in his region and also sets targets and reviews the performance of sales representatives, he is most likely a middle manager.


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A born global firm is defined as ________. Select one: a. a consortium of firms that plan, finance, organize, manage, and implem
natali 33 [55]

Answer:

The correct answer is: None of the above.

Explanation:

At its most basic, born global firms are those incorporated to engage international operations through the purchase and sale of goods between different countries. Companies established to handle domestic business that due to increasing demand, start international operations are not considered born global firms. Most born global firms start by exporting products. From there their inherent international nature.

8 0
3 years ago
A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
mash [69]

Answer:

in the primary market and usually with the assistance of an investment banker.

Explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market

7 0
3 years ago
Dynondo Incorporated planned to use materials of $12 per unit but actually used materials of $13 per unit, and planned to make 1
vaieri [72.5K]

Answer:

A. Flexible Material Budget = $21,600

B. Flexible Material Budget Variance = $1,800 (unfavorable)

C. The sales-volume variance for materials = $3,600 (favorable)

Explanation:

Dynondo Incorporated

A Flexible Budget adjusts the volume of an already approved Master Budget to reflect the Actual Volumes before carrying out a variance Analysis of Actual versus Budget. This is unlike the normal variance process where the volume is for Budget remains fixed and is compared to Actual to reflect a favorable or unfavorable comparison

Budgeted Material Cost = $12 Per Unit.......(a)

Actual Material cost = $13 Per Unit.......(b)

Actual Volume = 1,800......(c)

Budgeted Volume = 1,500......(d)

A. Flexible Material Budget amount = (c) x (a) = 1,800 x $12

= $21,600.........(e)

B. Flexible Material Budget Variance = Actual Material Cost minus (e)

= ($13 x 1,800) minus $21,600

= $23,400 - $21,600

=$1,800 (unfavorable)

C. The sales-volume variance for materials = Budgeted Price per Unit x (Actual Units Sold – Budgeted Units Sold)

= (a) x [(c) - (d)]

= $12 x (1,800 minus 1,500)

= $12 x 300

= $3,600.

8 0
3 years ago
Crane Company
Afina-wow [57]

Answer:

<u>statement of cash flows using the indirect method</u>

Cash flow from Operating Activities

Cash Receipts from Customers                                          $145,200

Cash Paid to Supplies and Employees                             ($108,900)

Net Cash from Operating Activities                                     $36,300

Cash flow from Investing Activities

Proceeds from Sale of Equipment                                         $5,100

Net Cash from Investing Activities                                         $5,100

Cash flow from Financing Activities

Dividends Paid                                                                     ($12,000)

Net Cash from Financing  Activities                                    ($12,000)

Movement during the period                                             $29,400

Cash and Cash Equivalents at Beginning of the Period       0

Cash and Cash Equivalents at the End of the Period     $29,400

Explanation:

<u>Cash Receipts from Customers Calculation :</u>

Sales revenue $ 145,200

Assuming Cash Sales

<u>Cash Paid to Supplies and Employees Calculation :</u>

Cost of goods sold                                   $105,000

Add Selling Expenses                                 $10,800

Add Administrative expenses                      $3,600

Less Depreciation                                      ($10,500)

Cash Paid to Supplies and Employees   $108,900

6 0
3 years ago
If the expected long-run growth rate for this stock is free cash flow during the just-ended year (t = 0) was $120 million, and F
Pani-rosa [81]

Answer:

Firm value in millions 1,605‬ (one thousand six houndred five milllions)

Explanation:

To evaluate a firm based on the free cash flow we do a procedure similar to gordon dividend grow model

\frac{divends_1}{return-growth} = Intrinsic \: Value

We are going to replace dividend for the free cash flow

and the return for the WACC

notice we are given with the current FCF and for the gordon model we require dividend for the next year. (time=1)

here we need the same

FCF x (1+g) = 120 x (1  + 0.07) = 128.4

WACC .15

grow 0.07

\frac{128.4}{.15-.07} = $Firm Value

Firm value in millions 1,605‬ (one thousand six houndred five milllions)

8 0
4 years ago
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