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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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Which of these is true about the cash cow?
laiz [17]

Answer:

d

Explanation:

Cash cow relates to a company investment in a low growth market with a high market share.....

5 0
3 years ago
Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respe
Lena [83]

Answer:

$856,376.30

Explanation:

What is the terminal, or horizon, value of operations?

2 years, FCF 1 = 80,000, FCFC 2 = 100,000, Growth rate= 5%, WACC = 16%

==> 100,000*(1+0.05)/(0.16-0.05)

==> 100,000*(1.05/0.11)

==> 100,000*(9.545454(

==> 954,545

Calculating the value of Kendra's operations.

Years  Cash-flows   PVF at 16%    Present value

1           800,000       0.86206         68964.80

2          105,000        0.74316           78031.80

2          954,545        0.74316           <u>709379.70</u>

            Total value                           <u>856,376.30</u>

8 0
3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

(ii) On January 1, 2017

Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

[To record the Asset retirement obligation]

Missing information: Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2017, is $41,879.

4 0
3 years ago
Firm A employs a high degree of operating leverage; Firm B takes a more conservative approach. Which of the following comparativ
Aneli [31]

Answer:

Statement B is correct.

Explanation:

High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.

As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.

Thus, Statement B is correct

4 0
3 years ago
Khái niệm sản phẩm dịch vụ ngành Tài chính – ngân hàng
umka2103 [35]
What? I don’t understand sorry
3 0
3 years ago
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