Answer:
Idea generation
Explanation:
Based on the information provided within the question it seems that the phase that is being described is the Idea generation. This phase refers to the process creating new approaches for finding solutions to existing problems or creating new ideas/products. This phase requires a lot of research, input, and data analysis from many sources in order to generate the best ideas that will make the help the company succeed.
Answer:
$318,000
Explanation:
The computation of the total assets is shown below:
= Current assets + property, plant, and equipment - difference in amount
= $85,000 + $235,000 - $2,000
= $318,000
The difference of amount is
= Account receivable - collected amount
= $50,000 - $48,000
= $2,000
Since the current asset is already given so we considered the difference in amount to find out the total asset.
Answer:
flexible budget amount for canoe sales revenue for April is $72000
Explanation:
given data
sell = 100 canoes
average sales price = $600
sold = 65
total sales = 130
canoes at an average price = $595
actual sales = 120 canoes
to find out
flexible budget amount for canoe sales revenue for April
solution
we know here for flexible budget april sale unit are = 120
and selling price is $600
so that April sales will be here = 120 × 600
April sales = 72000
so flexible budget amount for canoe sales revenue for April is $72000
Answer:
9.69%
Explanation:
Given the following :
Net income = $4819
Total asset = $38,200
Taxable income = $6,100
Dividend payout ratio = 30% = 0.3
The internal growth rate is calculated thus ;
(Return on asset × Retention ratio)/[1-(Return on asset × Retention ratio)]
Return on asset = (Net income / total asset)
Return on asset = ($4,819 / $38,200)
Return on asset = 0.12615
Retention ratio = 1 - Dividend payout ratio
Retention ratio = 1 - 0.3 = 0.7
Hence internal growth rate :
(0.12615 × 0.7) / 1 - (0.12615 × 0.7)
0.088305 / 1 - 0.088305
0.088305 / 0.911695
= 0.0968580
= 0.0968580 × 100%
= 9.685%
= 9.69% ( 2 decimal places)
Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.
