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timofeeve [1]
3 years ago
5

Ben attended a workshop hosted by SCORE, a SBA organization that counsels small-business owners on developing a good vision stat

ement. In that workshop the speakers discussed how an organization's vision needs to describe ________.
Business
1 answer:
Zielflug [23.3K]3 years ago
8 0

Answer:

what the company wants to become, and its long-term direction and strategic intent

Explanation:

Vision statement is a long term road map of the direction a business needs to take in order to achieve its set goals and objectives. It usually undergoes little revision.

However the short term operational processes are constantly reviewed to make the business better align with long term goals as stated in the vision statement.

In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent

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Obviously if the model wants to upgrade the kitchen, it should be done by either the landlord or a subcontractor. As he creates
RSB [31]

Answer:

a. x3+x4<=1

Explanation:

We need a multiple choice constraint. Constraint x3+x4 <= 1 states that only one of the 2 options of landlord or contractor working on kitchen tiles can be used. (Assuming x3, x4 are binary variables)

Hence if x3 = 1, x4 is 0, and if x4=1, x3 becomes 0. Please note, there is no constraint in question specifying that kitchen tile has to be done. Hence, both x3 and x4 can be 0 depending on cost optimization, and x3+x4<=1 will still hold correct.

7 0
3 years ago
A claim against a customer is known as
Lina20 [59]

Answer:

A claim against a customer is known as an account receivable.

8 0
3 years ago
Turner, Roth, and Lowe are partners who share income and loss in a 1:4:5 ratio (in percents: Turner, 10%; Roth, 40%; and Lowe, 5
Sonbull [250]

Answer:

Turner, Roth, and Lowe

a. Loss from selling the assets = $78,800

b. Loss allocation to the partners:

                                                            Turner      Roth      Lowe

Loss sharing ($78,800)                      $7,880    $31,520   $39,400

c. Capital contribution to cover deficiency:

                                                            Turner      Roth      Lowe

Contribution to cover deficiency     $3,000    $12,000    $15,000

Explanation:

a) Data and Calculations:

                                                            Turner      Roth      Lowe

Income and loss sharing ratio:               1                4             5

Assets before liquidation = $130,800

Liabilities = $82,000  

Capital balances                                 $2,900   $14,200   $31,700

Cash received from sale of assets = $52,000 ($82,000 - $30,000)

Loss from sale of assets = $78,800 ($130,800 - $52,000)

Loss sharing ($78,800)                      $7,880    $31,520   $39,400

Contribution to cover deficiency       $3,000      $12,000   $15,000

5 0
2 years ago
Waterway Industries issued the following statement of cash flows for 2017. Waterway Industries Statement of Cash Flows—Indirect
kakasveta [241]

Answer:

$98,222

Explanation:

The computation of the free cash flow is shown below:

= Cash flow from Operating activity - purchase of equipment - payment of dividend

= $198,327 - $65,122 - $34,983

= $98,222

Simply we deduct the purchase of equipment amount and the dividend payment from the cash flow from operating activity so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

The purchase of equipment is the capital expenditure

5 0
3 years ago
The 12-month period a business chooses for its accounting period is a/an
amm1812

b is wrong. I just missed the question again



7 0
3 years ago
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