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8_murik_8 [283]
3 years ago
11

What are the 6 steps for decision making

Business
1 answer:
aalyn [17]3 years ago
4 0
The Six steps for Decision Making are:

1) Defining and Analyzing the problem - One must first admit that there is a problem before any decision can be made.

2) Develop alternative solutions - Once the problem is identified and analyzed, solutions can be developed.

3) Evaluate the alternative solutions - Each solution must be analyzed to see whether it is the best solution that can solve the problem in an efficient and effective manner.

4) Select the best solution
5) Implement the Decision - Putting the solution into action
6) Follow up or Feedback on the solution - After implementing the solution, one must wait for a certain time to make sure that the solution worked or not.

If a solution does not solve the problem, the decision making process must be done again until the desired result is achieved.
 
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Chiptech, Inc., is an established computer chip firm with several profitable existing products as well as some promising new pro
zalisa [80]

Answer and Explanation:

The computation is shown below:

a) Growth rate = ROE × retention ratio

= 23% × (1 - .40)

= 13.80%

Value of stock = D1 ÷ (k - g)

= 0.84 × (1 + .1380) ÷ (.16 - .1380)

= $43.45

b) Revised growth rate after year 2 = 16% × .50

= 8%

Value at T2 = D3 ÷ (k - g)

D3 = Earnings × (1 + G1)^2 × (1 + G2) × Payout ratio

= 2.1 × (1+.1380)^2 × (1+.08) × .50

= 1.47

Value at T2 = 1.47 ÷ (.16 - .08)

= $18.38

Value at T0 = Value at T2 ÷ (1 + r)^n

= 18.38 ÷ (1 + .16)^2

= 13.66

3 0
3 years ago
ZImmerman Company supplies schools with floor mattresses to use in physical education classes. Zimmerman has received a special
Crank

Answer and Explanation:

(a)

Reject Order

Revenues$ -0-

Cost of Goods Sold-0-

Operating Expense-0-

Net Income$ -0-

Accept order

Revenues$27,000

Cost of Goods Sold $18,900

Operating Expense $9,600

Net Income$ ($1,500)

Net income Increased (Decreased)

Revenues $27,000

Cost of Goods Sold ($18,900)

Operating Expense ($9,600)

Net Income$ ($1,500)

Variable cost of goods sold = $4,200,000 × 75% = $3,150,000.

Variable cost of goods sold per unit =

$3,150,000 ÷ 100,000 = $31.50

Variable cost of goods sold for the special order = 600 × $31.50 = $18,900.

Variable operating expenses = $2,000,000 × 70% = $1,400,000

Variable operating expenses per unit = $1,400,000 ÷ 100,000 = $14

Variable operating expenses for the special order = 600 × $14

= $8,400 + $1,200= $9,600

b)The incremental analysis shows that Gregg Company should not accept the special order reason been that the incremental costs exceed incremental revenues.

7 0
4 years ago
Read 2 more answers
Over the first four years of a company's life, it earned the following net income (loss):______.
Gelneren [198K]

Answer:

$700

Explanation:

The computation of the average dividend amount paid is as follows:

Total net income for first four years is

= $6,000 + $4,000 + $7,000 - $3,000

= $14,000

And, the ending retained earning balance after 4 years is $11,200

So, the dividend payment would be

= $14,000 - $11,200

= $2,800

For per year it would be

= $2,800 ÷ 4 years

= $700

5 0
3 years ago
On January 1, 2021, Legion Company sold $250,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December
notsponge [240]

Answer:

The bond interest expense to be shown in profit or loss as t 30 June 2021

$9,838.56

Explanation:

The bond interest expense is the actual finance cost of using the funds made available by bondholders while the coupon payment is the portion of the finance cost paid to them periodically.

Interest expense=bonds cash proceeds*yield to maturity*6/12

bonds cash proceeds is $163,976

yield to maturity is 12%

interest expense=$163,976*12%*6/12=$9,838.56  

5 0
3 years ago
Read 2 more answers
PLEASE HELP ASAP!! WILL MARK BRAINLIEST!! <br> How is per capita output determined and used?
Mashcka [7]

Answer:

Real GDP per capita is a measurement of the total economic output of a country divided by the number of people and adjusted for inflation. 

Explanation:

I'm not sure if this is what you were looking for but this is my answer.

6 0
3 years ago
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