All categories

3 years ago

To evaluate solutions, you must usually

1 answer:

6 0

A good way to become a systematic problem solver is to adopt the following five-step problem-solving process.

Identify the problem. This is critical: you must try to solve the right problem. ...

Analyze the problem. ...

Identify decision criteria. ...

Develop multiple solutions. ...

Choose the optimal solution.

You might be interested in

A pharmaceutical company was the first company to introduce a revolutionary treatment for rheumatoid arthritis. Sales and demand

madreJ [45]

Answer:

Use the production line of the other organization or form an alliance with another pharmaceutical company

Explanation:

The only way the organization make money is to use the production facility of the production lines of the other pharmaceutical organization to meet the demand of the customers until the company is able to have its own production lines in place. So the best strategy to maximize the profits is collaborate with another organization to maximize its profits.

8 0

3 years ago

For the coming year, Crane Inc. is considering two financial plans. Management expects sales to be $301,770, operating costs to

ra1l [238]

Answer:

increase in ROE due to plan B = 26.44% - 20.55% = 5.89%

Explanation:

currently EBIT = $301,770 - $266,545 = $35,225

TIE ratio = EBIT / interest expense

Plan A:

interest expense = ($200,000 x 25%) x 8,8% = $4,400

TIE ratio = $35,225 / $4,400 = 8

net income (assuming no taxes) = $30,825

ROE = $30,825 / $150,000 = 20.55%

Plan B:

TIE ratio = 4 = $35,225 / interest expense

interest expense = $35,225 / 4 = $8,806.25

total debt = $8,806.25 / 8.8% = $100,071

equity = $99,929

net income = $35,225 - $8,806.25 = $26,418.75

ROE = $26,418.75 / $99,929 = 26.44%

increase in ROE due to plan B = 26.44% - 20.55% = 5.89%

6 0

4 years ago

Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purcha

bearhunter [10]

Answer: $600F

Explanation:

Given the following :

standard unit price - $1.80

actual purchase price per unit - $1.65

actual quantity purchased - 4,000

units actual quantity used - 3,900

units standard quantity allowed for actual production - 3,800 units

Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased

($1.65 - $1.80) × 4000

( $0.15) × 4000

$600F (Favorable) because standard price is higher than actual price

6 0

3 years ago

To help food advertisers produce more effective advertising, the Food Marketing Institute did a study that asked respondents whi

lara [203]

Considering the situation described above, the answer to this question is an example of quantitative research.

This is because quantitative research is a type of research that seeks to measure and interpret numerical data.

It is carried out by gathering, assessing, and decoding numerical data. These data can be responses from people, which are then ranked based on number of respondents on each response.

Thus, in this case, the options that ranked highest in number would be the option the researcher would pick.

Hence, in this case, it is concluded that the correct answer to the question is Quantitative Research.

Learn more here: brainly.com/question/25022102

4 0

3 years ago

Worthy Ships initially issued 400,000 shares of $1 par stock for $2,000,000 in 2021. In 2023, the company repurchased 40,000 sha

liq [111]

Answer:

Worthy Ships:

Treasury Stock account balance would be $80,000.

Explanation:

Treasury Stock account is a contra account to the Common Stock account. Using the cost method, the account will have a debit entry and balance of $400,000 in 2023. In 2024, with the resale of shares, the account will have a credit entry of $320,000. This would bring the balance to $80,000 at the end of 2024.

8 0

3 years ago