Answer: where management expects the firm to operate.
Explanation:
Company planning is the duty of management and and they plan, they try to use a certain range of activity so that they can better predict how the company will go. That range is therefore the range that the management of the company expects the firm to operate.
When production actually starts, management will try to either keep to that range or exceed it so as to meet or exceed expectations. And even if they don't meet this expectation, they use this relevant range to compare to the actual range for performance evaluation.
Answer: the dynamic, changing nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve company's competitiveness vis-a-vis rivals and boost its overall performance (D).
Explanation:
The Business Strategy Game is an important part of strategic management. It encourages encourages individuals to combine several decisions into a unified strategy which is vital for important decision making.
The Business Strategy Game consist of a global marketplace because businesses need to learn about the competitive and strategic features of foreign competition and international markets. The Business Strategy Game helps mangers make strategic adjustments thereby boosting overall competitiveness and performance.
Answer:
$4,713.425
Explanation:
The computation of amount of net pay for the employee for the month of January is shown below:-
Deductions = (Gross earning × Social security tax rate) + (Gross earning × Medicare tax rate) + Federal income taxes + Health insurance + Contribution of retirement plan
= ($5,550 × 6.2%) + ($5,550 × 1.45%) + $184 + $152 + $76
= $344.1 + $80.475 + $184 + $152 + $76
= $836.575
Net pay = Gross earning - Deductions
= $5,550 - $836.575
= $4,713.425
Therefore for computing the net pay we simply applied the above formula.
Answer:
The Hound Dog Bus Company should not expand
Explanation:
The decision to expand should be made if the incremental (marginal) cost to be incurred is less than the incremental revenue to be earned.
Incremental revenue = $60 (given)
Incremental cost = total cost - already incurred (non-incremental) cost
= 120 - 50 = $70.
Since the incremental revenue ($60) is less than the incremental cost ($70), the company should not expand.
Answer:
B . Free cash flow less cash provided by operations and capital expenditures.
Explanation:
In Business, dividends can be defined as share of profits and retained earnings that a publicly listed company pays out to its investors or shareholders for investing into the business venture.
Dividends paid is equal to free cash flow less cash provided by operations and capital expenditures.
Free cash flow isn't reported on the statement of cash flows and it is the cash provided by operations less capital expenditures and cash dividends.
