Options:
A. Operational
B. Tactical
C. Static
D. Strategic
D. Growth
Answer:D. Growth
Explanation:Growth plans are Activities put in place to enhance that an organisation attains its growth Objectives.
A Growth plan identifies potential opportunities for growth and makes the required resources available in irder to sponsor the potential opportunities.
A growth plan contains business elements which can help the a business Organisation identify the value of customers and how to meet the needs of the customers which will help to enhance the growth of the business through increased revenue.
Answer:
D) 1,500
Explanation:
rent per room =$100 dollars
variable cost= $ 20 dollars
fixed cost =$ 100,000.00
desired profits=$ 20,000.00
volume(V) to meet profit target;
Contribution margin per sale= $100-$20= $80
Profits = revenue-cost
=$20,000= Vx$80-$100,000
=20,000=v80-100000
v80=100,000.00+20,000
v80=120,000
v= 120,000/80
Volume =1,500
Answer:
a. The amount refund owed to the customer is : $29,792
b. To record the refund and the return of merchandise:
Dr Sales returned and Allowances $30,400
Cr Sales Discounts $608
Cr Cash $29,792
(to record the refund of $30,400 sales with sales discount of $608 made)
Dr Merchandise Inventory $13,060
Cr Cost of Merchandise sold $13,060
(to record the impact of the $30,400 sales refund on cost of merchandise sold and merchandise inventory)
Explanation:
- Further explanation for sell discounts calculation:
As the terms is 2/10, total discount had been given as calculated below:
$30,400 x 2% = $608.
Answer: $1,031 million
Explanation:
Given that,
Retained earnings(2010) = $14,329 million
Retained earnings(2009) = $13,157 million
Net income(2010) = $2,203 million
Amount of dividends = Retained earnings(2009) + Net income(2010) - Retained earnings(2010)
= $13,157 million + $2,203 million - $14,329 million
= $1,031 million
Therefore, amount of dividends did Colgate-Palmolive pay to its shareholders in 2010 is $1,031 million.
