Answer:
1. Operating plan.
2. Operating plan.
3. Financial plan.
4. Dividend policy.
5. B and C.
Explanation:
1. Operating plan: provides detailed implementation guidance for a firm's operations, as well as a forecast of the company's expected future free cash flows.
2. Operating plan: provides the inputs necessary for a risk management evaluation using sensitivity analysis, scenario analysis, or simulations.
3. Financial plan: Is based on knowledge of the amount of funds necessary to compensate the firm's shareholders, and the mix of debt and equity capital used to finance the firm.
4. Dividend policy: sets forth specific targets for cash or share distributions to the firm's shareholders.
Capital structure: describes specific targets for the mix of debt and equity used to finance a firm.
Financial planning can be defined as the process of estimating the amount of capital required for the smooth operations of the business and determine how to achieve the firm's set goals and objectives.
Hence, the following statements are true about financial planning;
I. Once a firm's forecasted financial statements are prepared, the firm must determine how much capital it will need to support these plans.
II. Management must monitor operations after implementing a financial plan to detect deviations from the plan and adjust accordingly.
Answer and Explanation:
The answer is attached below
Answer:
it would be easier if you enter these into a tabular format, so you can then do the calc on excel or copy and paste here for ppl to see it clearly. The presentation of business information is important for the intended audience
Explanation:
Answer:
sequential
Explanation:
organizational structures come in four general types – functional, divisional, matrix and flat
Answer:
The equivalent units for conversion costs is 87,000 units
Explanation:
First, we need to calculate the completed during the month
Completed units = Units begun during the month - Units in Work in process
Completed units = 115,000 - 40,000
Completed units = 75,000 units
Now calculate the equivalent unit in respect of conversion cost as follow
Equivalent units ( Conversion cost ) = Units completed in the month + ( Units in work in process x percentage of completion )
Equivalent units ( Conversion cost ) = 75,000 units + ( 40,000 x 30% )
Equivalent units ( Conversion cost ) = 75,000 units + 12,000 unints
Equivalent units ( Conversion cost ) = 87,000 units
