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andreev551 [17]
3 years ago
9

Which of the following describes the management function that includes determining which tasks will be done, who will do them, h

ow the tasks will be grouped, who will report to whom, and when decisions will be made?
Business
1 answer:
ololo11 [35]3 years ago
4 0

Answer:

Planning management function

Explanation:

Planning is a management procedure which aims to identify objectives for the long term future of an organization and to determine the tasks and resources required in achieving these objectives. Managers should create a business plan or a marketing plan for achieving objectives.

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Charisma, Inc., has debt outstanding with a face value of $6.2 million. The value of the firm if it were entirely financed by eq
Alenkinab [10]

Answer:

Decrease in value of company due to expected bankruptcy cost = $414,000

Explanation:

As per the data given in the question,

According to M & M proportional I with taxes,

Levered firm value is = Equity + Debt

= $29,900,000 + 0.22 × $6,200,000

= $31,264,000

Market value of the firm = market value of debt + market value of equity

= $6,200,000 + 425,000 × $58

= $30,850,000

Decrease in value of company due to expected bankruptcy cost = $31,264,000 - $30,850,000

= $414,000

7 0
2 years ago
The management of Fannin Corporation is considering dropping product H58S. Data from the company's accounting system appear belo
hoa [83]

Answer:

Net operating income would be decreased by $137,000

Explanation:

The computation is shown below:

Sales                                          $490,000

Less: Variable expenses           ($221,000)

Contribution margin                  $269,000

Less

Fixed manufacturing expenses ($90,000)

Fixed selling and administrative expenses ($42,000)

Net income                                                      $137,000

If the product H58S were dropped than the net operating income would be decreased by $137,000

7 0
3 years ago
Hidalgo is primarily liable on a promissory note. Because of this, he: a. is required to pay, unless he has a valid defense to p
MatroZZZ [7]

Answer:

The correct option is A

Explanation:

Promissory note is the kind or type of note which is considered to be a financial instrument,and it comprise of a written promise made by one party  to another party in order to pay a specific or particular amount or sum of money or amount, either on a particular or a future date or on demand by the party.

This note involve the terms that are pertaining to the indebtedness like the maturity date, issuer signature, principal amount, place of issuance and the interest rate.

Therefore, Hidalgo is liable on the promissory note and because of this, he is required to pay until he has a valid and a genuine defense to payment.

4 0
3 years ago
Match the types of goods with their characteristics regarding exclusivity and rivalry. The task is to match the lettered items w
In-s [12.5K]

Answer:

1. Excludability

2. Rivalry in Consumption

3. 4 Different Types of Goods

4. Private Goods

Explanation:

4 0
2 years ago
Exercise 19-13 Variable cost analysis for a special order LO A1 Grand Garden is a luxury hotel with 160 suites. Its regular suit
zysi [14]

Answer:

If the special offer earns a positive contribution margin, we should accept the special order.

Explanation:

Given that,

No. of suites in luxury hotel = 160

Regular suite rate = $210 per night per suite

Hotel’s cost per night = $135 per suite

Variable direct labor and materials cost = $36

Fixed cost = 99

Total cost per night per suite = $135

Contribution margin per night per suite:

= Room rate per night - Variable cost per night

= $94 - $36

= $58

Contribution margin from special offer:

= Contribution margin per night per suite × Number of nights × Number of suits

= $58 × 3 × 45

= $7,830

Management should accept the special offer.

When the company receives offer, the hotel is running at low season. occupancy rate is 55%

If the special offer earns a positive contribution margin, we should accept the special order.

Room rate is $94 for special order.

8 0
2 years ago
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