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Dennis_Churaev [7]
3 years ago
6

A corporation choosing to follow a stability strategy would probably want a person with a conservative style, a production or en

gineering background, and experience with controlling budgets, capital expenditures, inventories, and standardization procedures as a(n) ________.
A. professional liquidator
B. cautious profit planner*
C. turnaround specialist
D. dynamic industry expert
E. analytical portfolio manager
Business
1 answer:
andre [41]3 years ago
3 0

Answer: Option B

 

Explanation: In simple words, a cautious profit planner refers to an individual, generally working as a manager of an organisation, that operates the business activities in such a way that too much risk will not get involved

    These managers focuses on getting organisation continuous profits over time at an appropriate level. They usually deals in such way that profit would be small but consistent leading to stability and future growth aspects.

Generally, mature firms of the industry employs such managers on their operations to Maintain the current level of activity over a long period of time.

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Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the
aleksley [76]

Answer:

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

                                   

                                         Debit      Credit

Depreciation Expense $3,000

    Accumulated Depreciation $3,000

Explanation:

According to the given data we have the following:

Sum of year digits=5(5+1)/2

Sum of year digits=(5*6)/2

Sum of year digits=15

Depreciation for year 2019=$30,000*5/15

Depreciation for year 2019=$10,000

Depreciation for year 2020=$30,000*4/15

Depreciation for year 2020=$8,000

Therefore, book value as on january 1, 2021=$30,000-$10,000-$8,000

book value as on january 1, 2021=$12,000

Revised useful life=6 years-2 years=4 years

Therefore, Revised depreciation for 2021=$12,000/4

Revised depreciation for 2021=$3,000

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

                                   

                                         Debit      Credit

Depreciation Expense $3,000

    Accumulated Depreciation $3,000

3 0
2 years ago
Compare transnet with a perfect competitor in terms of price and output and profit
Sholpan [36]
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg. 

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
5 0
3 years ago
when a person uses face-to-face presentations to promote goods and services, he is said to be using as a sales technique.
gulaghasi [49]

Personal selling is the face-to-face presentation and promotion of products and services.

<h3>What is personal selling?</h3>

Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.

<h3>What do you mean by sales technique?</h3>

A sales technique is a strategy of selling used by a company's sales team or a salesperson to close more deals and make more money. It's a tactic to improve a company's sales procedure. A sales methodology is adaptable and open to change once its efficacy has been tested through trials.

To know more about salesperson, visit:

brainly.com/question/951074

#SPJ4

6 0
11 months ago
Xavier, 16, invites a group of his high school friends to swim in a neighbor's pool late at night while that neighbor is away. T
aliina [53]

Answer:A - His prefrontal cortex is underdeveloped.

Explanation: For Xavier to be able to make such a decision as to invite his friends to swim in his neighbors pool while we was out at night shows that his prefrontal cortex is underdeveloped.

Prefrontal cortex is the frontal part of the frontal lobe in the brain. This part of the brain is responsible for some of our behaviours like decision making, social behaviour moderator and personality expressions.

This is to say that Xavier's behaviour was controlled by his prefrontal cortex that is still developing.

8 0
2 years ago
wants to have a weighted average cost of capital of 9.0 percent. The firm has an after-tax cost of debt of 6.0 percent and a cos
kogti [31]

Answer:

33.33%

Explanation:

WACC can be calculated using the following formula:

WACC = Ke * (E/V)       +    Kd(1-T) * (D/V)

Here

V = Market Value of Equity + Market Value of Debt

Or simple we can write it as:

V = E + D

kd(1-T) is after tax cost of debt which is given in the question and is 6%.

Ke = 9% cost of equity

WACC = 9%

So by putting values we have:

9% = 11% * (E/V) +  6% * (D/V)

Which means:

0.09 = 0.11(E/V) +  0.06(D/V)

By multiplying by (V/E), we have:

0.09(V/E) = 0.11 + 0.06(D/E)

As we know that the V/E is just the equity multiplier, which is equal to:

V/E = 1 + D/E

So by putting value we have:

0.09(D/E + 1) = 0.11 + 0.06(D/E)

Now, we can solve for D/E as:

0.09(D/E) + 0.09 = 0.11 + 0.06(D/E)

0.09(D/E) - 0.06(D/E) = 0.11 - 0.09

0.03(D/E) = 0.03

(D/E) = 0.02 / 0.03 = 33.33%

4 0
2 years ago
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