These are some of my personal benifits of strategic management process:
It allows organizations to be proactive rather than reactive. A strategic plan allows organizations to foresee their future and to prepare accordingly.
It sets up a sense of direction.
It increases operational efficiency.
It helps to increase market share and profitability.
It can make a business more durable.
I hope it helped you!
Answer:
14%
Explanation:
Data provided as per the question
Face value = $1,000
Present value = $690
Nper = 10
PMT = $80
The computation of yield to maturity. is shown below:-
YTM = Rate(Nper,PMT,PV,FV)
= Rate(10,80,690,1000)
= 14%
Therefore for computing the yield to maturity we simply applied the formula and put it into an excel sheet.
Answer:
The statement that best expresses the main conclusion of the argument is:
Primary buyers of battery-powered cars are those concerned with the environment.
Explanation:
From the surveys, we can see that the people that buy battery-powered cars are concerned about the long-term effect of pollution on the environment.
We can also see that these people are more likely to use energy-saving appliances at home and people that use other cars.
These statements show that the people more likely to buy battery-powered cars are concerned with the environment.
Answer:
c. $45,000 liability
Explanation:
Fair Value of Plan Asset = Return on asset + employer contribution - Benefit paid
= $22,000 + $40,000 - $0
= $62,000
Projected Benefits Obligation = Service cost + interest cost
= $17,000 + $40,000
= $57,000
Pension asset / (liability) = Opening pension asset/ Liability + Plan asset - Projected Benefit Obligation - Amortization
= $2,000 + $62,000 - $57,000 - $52,000
= -$45,000
= $45000 Pension Liability
Answer:
Lease A Capital lease
Lease B Capital lease
Explanation:
A capital lease is a contract that that entitles a renter temporary usage of an asset. So for accounting purposes it is considered that for that period the renter is the owner of the asset.
To be considered a capital lease it must satisfy any of these criteria:
- The life of the lease must be equal to or greater than 75%
- There should be a bargaining option for price less than market value
- The lessee will gain ownership at the end of lease period
- The present value of lease should be greater than 90% of market value of asset
Both of these properties satisfy at least one of these criteria so they are both capital leases.