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3 years ago

Which statements are true about assessing the effectiveness of a strategic plan?

Business

1 answer:

malfutka [58]3 years ago

8 0

The answer is a manager should search diligently for ways the strategy can be improved

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A machine cell uses 195 pounds of a certain material each day. Material is transported in vats that hold 25 pounds each. Cycle t

Anna [14]

Answer:

Number of vats used is 3

Explanation:

Number of pounds used per hour, D = 195 ÷ 8

= 24.375 pounds per hour

Cycle time, T = 2.25

Inefficiency factor, e = 0.19

Material held in vats, C = 25 pounds

Now,

Let, n be total number of vats

Thus,

n = $\frac{DT(1+e)}{C}$

on substituting the respective values, we get

n = $\frac{25.75\times2.25\times(1+0.10)}{25}$

n = 2.413 ≈ 3

Number of vats used is 3 [since vats cannot be in fraction]

6 0

2 years ago

The world-famous discounter, Fernwood Booksellers, specializes in selling paperbacks for $7 each. The variable cost per book is

Ghella [55]

Answer:

Advertising= $933,333

Explanation:

Giving the following information:

The world-famous discounter, Fernwood Booksellers, specializes in selling paperbacks for $7 each. The variable cost per book is $5. At current annual sales of 200,000 books, the publisher is just breaking even. It is estimated that if the authors' royalties are reduced, the variable cost per book will drop by $1.

First, we need to calculate the fixed costs:

Break-even point (units)= fixed costs/ contribution margin

200,000= fixed costs/ (7 - 5)

200,000= fixed costs/ 2

fixed costs= $400,000

Now, we need to calculate the new break-even point in dollars and units:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 400,000 / (6/7)= $466,666.67

Break-even point (units)= fixed costs/ contribution margin

Break-even point (units)= 400,000/6= 66,667 books

Total cost= 400,000 + $66,667= $466,667

Current income= 200,000*7= $1,400,000

Advertising= 1,400,000 - 466,667= $933,333

4 0

3 years ago

Interest rate (with changing years). Keiko is looking at the following investment choices and wants to know what annual rate o

Ivenika [448]

Answer:

a. 5.18%;

b. 10.12%;

c. 6.32%;

d. 9.22%.

Explanation:

We apply the formula of Annual rate of return to calculate for the four cases.

The formula for calculating annual rate of return as below:

Annual rate of return = $\sqrt[year]{Ending value/Beginning value}$ -1 ;

So, for each of the case given, by applying the formula, the detailed calculations for each case will be:

+ For case a :

$\sqrt[12]{769.5/420} -1$ = 5.18%;

+ For case b:

$\sqrt[14]{11,567.45/3,000} -1$ = 10.12%;

+ For case c:

$\sqrt[20]{110,000/32,303.47} -1$ = 6.32%;

+ For case d:

$\sqrt[40]{1,100,000/32,275.63} -1$ = 9.22%.

4 0

3 years ago

As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 20% of Nursery Supplies Inc

Natalija [7]

Answer:

Nursery Supplies at year-end 76,000,000

Gain on investment 12,000,000

Explanation:

Considering is considered a long-term investment for Florists International and the percentage of owership is significant we use equity method.

value of the investment at year end:

begining 67,000,000

income 60,000,000 x 20% = 12,000,000

cash dividends 10,000,000 shares x 1.5 x 20% = (3,000,000)

ending investment 76,000,000

8 0

3 years ago

Assume a $1,000 Treasury bill is quoted to pay 8% and matures in 3 months. 1. How much interest would an investor receive? (10 p

antiseptic1488 [7]

Answer:

i dont know

Explanation:

5 0

2 years ago