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Karo-lina-s [1.5K]
3 years ago
15

Defining the organizational mission forces managers to identify ________.

Business
1 answer:
quester [9]3 years ago
5 0
To identify what the organization is in business to do.
You might be interested in
Exercise 4-11 Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related informa
dezoksy [38]

Answer:

Net sales revenue= 220,100

Explanation:

Giving the following information:

Sales, gross $ 245,000

Sales returns and allowances $ 20,000

Sales discounts 4,900

Sales salaries expense 10,900

<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>

Sales= 245,000

Sales returns and allowances=  (20,000)

Sales discounts= (4,900)

Net sales revenue= 220,100

4 0
3 years ago
Suppose that businesses buy a total of $170 billion of the four resources (labor, land, capital, and entrepreneurial ability) fr
Delicious77 [7]

Answer:

The businesses paid $24 billion in entrepreneurial ability. This value comes from subtracting the wages, rent and interest from the total amount of businesses' purchase. In this case 170 - 88 - 24 - 34 = 24.

Explanation:

This value can be understood as goodwill that households are recognized for their ideas and can bring a future return to the businesses. The businesses had assessed the future stream of cash the household could bring and, basing our guess on businesses behaving rationally, and they found that 170 was an amount that will recognize these future opportunities

8 0
3 years ago
how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​
andriy [413]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

4 0
3 years ago
You purchased 500 shares of Barden Enterprises stock for $55.43 per share at the beginning of the year. The stock is currently p
krok68 [10]

Answer:

Dividend yield is 2.91 %.

Explanation:

Dividend yield = Annual Dividend per Share / Stock Price per Share × 100

<em>where,</em>

Annual Dividend per Share = Total Dividends ÷ Total Number of Shares

                                              = $835 ÷ 500

                                              = $1.67

<em>then,</em>

Dividend yield = $1.67 / $57.48 × 100

                        = 2.905 or 2.91 %

4 0
3 years ago
What are the two methods used to translate financial statements and how does the functional currency play a role in determining
laiz [17]

Answer:

The two methods of translating financial statements are the current rate method/closing rate method and the temporal method

Explanation:

Functional currency simply means the main currency used by a business. it could also be defined as the primary currency used in the economic environment in which a business operates as in where it generates most of its cash and also spends it

Functional currency determines to a large extent the method used in translation of financial statements. When there is no difference between local currency and foreign currency, current rate method is used and vice versa for temporal rate method

please find attached from Advanced Accounting

Hoyle, J., Schaefer, T., & Doupnik, T. (2015)

8 0
4 years ago
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