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timofeeve [1]
4 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]4 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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Lexis Company purchased equipment on January 1, 2012 for $35,500. The estimated useful life of the equipment was 7 years and the
Naddik [55]

Answer:

The depreciation expense for 2015 is $2,000

Explanation:

The computation of the depreciation expense is shown below:

= (Original cost - residual value) ÷ useful life

= ($35,500 - $4,000) ÷ 7 years

= 4,500

The depreciation for three years would be

= 4,500 × 3 years

= $13,500

The remaining amount would be

= $35,500 - $13,500

= $22,000

So, the depreciation expense for 2015 would be

= ($22,000 - $4,000) ÷ 9 years

= 2,000

7 0
3 years ago
Dustup, a cleaning products company, was trying to revive its old wood floor waxing product. It began offering an augmented serv
mylen [45]

Answer:

Dustup forgot to the consumers if the add-on will give them more satisfaction from using their product.  

Explanation:

The market is always king. Getting first-hand information about what consumers need and how they need it is the best way to go about creating a product or modifying an existing one to become more profitable.

The removal of the brochures from the bottles showed that shoppers didn't necessarily want their product. What they wanted was to be able to make contact with the company and get more information on how to revive their old wooden floors.

Cheers!

7 0
3 years ago
_______Treasury Stock is reported on the balance sheet
Debora [2.8K]

Answer:

c. as a deduction from Stockholders’ Equity

Explanation:

The treatment of the treasury stock in the balance sheet is that it is deducted from the stockholder equity as it shows the buy back position of the common stock

The other things i.e retained earnings, additional paid in capital is to be added as it increased the balance of the stockholder equity

Therefore in the given case, the option C is correct

5 0
3 years ago
The receptionist at the information desk of a hospital represents the ______ to the service operation system.
vagabundo [1.1K]
The answer is information as the receptionist are the ones responsible for directing people and having to give out informations in regards of what they don't know and what they should do in the hospital. And it represents as a service operation system.
4 0
3 years ago
Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas
Maurinko [17]

Answer:

$340,000

Explanation:

The computation of Product X’s sales value at the split-off point is shown below:

= Total sales value - Product Y sales value at the split-off point - Product Z sales value at the split-off point  

= $600,000 - $150,000 - $110,000

= $340,000

Basically for determining the Product X sales value at the split-off point, we deduct the Product Y sales value and the Product Z sales value at the split-off point from the total sales value

8 0
3 years ago
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