Answer:
Explanation:
Planning function is the process of establishing goals and arranging them in logical order for the purpose of achieving a desired goal.
Planning is an important aspect of an organization so as to help them achieve their goals faster. It is done at all levels in an organization. Planning is done using the available resources, also achieving a balance between the needs and wants of the organization.
Answer:
$60,000,000
Explanation:
Market value is simply defined as the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business.
Formula for market value is given as
Company's Share × Current Market price per share.
Therefore, given that
Numbet of shares = 3,000,000
Price of share = $20
Then, MV = 3,000,000 × 20
= $60,000,000
Answer: a. Hostile takeovers are most likely to occur when a firm's stock is selling below its intrinsic value as a result of poor management.
Explanation:
A widely held belief in business is that hostile takeovers mostly occur because managers are performing abysmally.
To this end, the takeover takes place to discipline the poorly performing managers and restore the company to a better position.
It is worthy of note though that recently this view had been challenged by multiple authors but for purposes of this question, A is the correct answer.
Answer:
$3,000
Explanation:
Based on the information given we were told that he has a PART-TIME JOB THAT WILL PAY him the amount of $3,000 this coming year which means that the amount he can contribute to a TRADITIONAL INDIVIDUAL RETIREMENT ACCOUNT for his first year in retirement will be the EARNED INCOME of the amount of $3,000 which will therefore be his maximum INDIVIDUAL RETIREMENT ACCOUNT (IRA) contribution for this year.
Answer:
D. Sales.
Explanation:
Account receivable: Account receivable is that account in which the goods and services are given on a credit basis not on credit basis by the company to the customers. It is shown under the balance sheet in the current asset side.
Since the client may have overstated account receivable balance. So, this will entry would be recorded in the sales journal As, the credit sales are made, so, it is recorded in the sales journal only. No other journals would be used