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aleksandr82 [10.1K]
2 years ago
12

Monica was hired by the Misty Mount Corporation to take over as the new chief executive officer. Her initial impression is that

the company is in disarray, primarily because the employees do not have a sense of purpose or a common set of values. Monica's observations suggest that she needs to provide a(n) _________ for Misty Mount.
Business
2 answers:
azamat2 years ago
6 0

Answer:

vison

Explanation:

Vision can be defined as  a mental image or picture, a future orientation, and aspects of direction or goal. Vision provides leadership, guidance and purpose to an organization by articulating what it wishes to attain. It serves as a GPS for all who need to understand what the organization is and where it intends to go . By providing a picture and purpose, vision not only describes an organization's direction or goal, but also the means of accomplishing it. It guides the work of the organization. Vision is a picture of the future for which people are willing to work. Monica needs to give them a sense of purpose for Misty Mount.

Svet_ta [14]2 years ago
5 0

Answer:

A Mission and Vision Statement for Misty Mount Corporation.

Explanation:

A Mission & Vision statement is vital for any corporation.

The mission statement defines the fundamental purpose of the corporation and provides a coherent guide for the decision making process.

The vision statement ensures that the decisions that are made are in sync with what the corporation wants to achieve.  

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On June 1, Carla Vista Co. Ltd. borrows $108,000 from Acme Bank on a 6-month, $108,000, 4% note. The note matures on December 1.
evablogger [386]

Answer:

a) Journal entry

Date        Account and explanation      Debit       Credit

June 1                Cash                             $108,000  

                    Notes payable                                      $108,000

b) Adjusting entry

Date        Account and explanation      Debit       Credit

June 30      Interest expense                    $360

                    (108,000*4%*1/12)

                   Interest payable                                    $360

c) Journal entry  

Date        Account and explanation      Debit       Credit

Dec 10        Notes payable                   $108,000  

                  Interest payable (360*6)      $2,160  

                        Cash                                                  $110,160

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Interest payable = $360 * 6

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5 0
3 years ago
Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first
sergey [27]

Answer:

$23,773.65

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested

NPV can be calculated using a financial calculator :

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Cash flow in year 1 and 2 = $35,000.

Cash flow in year 3 and 4 = $30,000.

I = 10%

NPV = $23,773.65

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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2 years ago
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d
IrinaK [193]

Answer:

Option (a) and (c) are correct.

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