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Maksim231197 [3]
3 years ago
15

Which statement below is​ FALSE? A. ​Mintzberg's notion of​ "crafting" strategies embodies the artistic​ model, which suggests t

hat strategic decision making be based primarily on holistic​ thinking, intuition,​ creativity, and imagination. B. This textbook is framed primarily on the fact that strategic planning is an art rather than a science. C. This textbook is consistent with most of the strategy literature in advocating that strategic management be viewed more as a science than an art. D. The Mintzberg​ strategic-planning approach insists on​ informality, whereas strategy scientists​ (and this​ text) insist on more formality. E. Firms need to systematically assess their external and internal​ environments, conduct​ research, carefully evaluate the pros and cons of various​ alternatives, perform​ analyses, and then decide on a particular course of action.
Business
1 answer:
OlgaM077 [116]3 years ago
3 0

Answer:

D

Explanation:

You might be interested in
The following transactions occurred during March 2018 for the Wainwright Corporation.
lys-0071 [83]

Answer and Explanation:

The Journal entries are shown below:-

1. Cash Dr, $450,000

          To common stock $450,000

(Being issuance of common stock is recorded)

2. Equipment Dr, $55,000

        To cash $17,500

         To notes payable $37,500

(Being equipment purchased is recorded)

3. Merchandise inventory Dr, $108,000

              To accounts payable $108,000

(Being inventory is purchased on the account is recorded)

4. Accounts receivable Dr, $195,000

             To sales revenue $195,000

(Being credit sales is recorded)

5. Cost of goods sold Dr, $85,000

           To Merchandise inventory $85,000

(Being cost of goods sold is recorded)

6. Rent expense Dr, $6,500

         To cash $6,500

(Being cash paid is recorded)

7. Prepaid insurance Dr, $7,500

         To cash $7,500

(Being cash paid is recorded)

8. Accounts payable Dr, $85,000

            To cash $85,000

(Being cash paid is recorded)

9. Cash Dr, $70,000

           To accounts receivable $70,000

(Being cash paid is recorded)

10. Depreciation expense Dr, $2,500

                    To accumulated depreciation- equipment $2,500

(Being depreciation expense is recorded)

5 0
3 years ago
Using the indirect method (statement of cash flows), a gain from the sale of equipment would: A) be subtracted from net income B
eimsori [14]

Answer:

The correct answer is A) be subtracted from net income

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income.

A gain from the sale of equipment is subtracted from net income

7 0
3 years ago
"Y3K, Inc., has sales of $6,359, total assets of $2,975, and a debt-equity ratio of 1.10. If its return on equity is 11 percent,
gogolik [260]

Answer:

Net income of Y3K, Inc. is $155.83

Explanation:

Debt-to-equity ratio is calculated by using formula:

Debt-to-equity ratio = Total debt (or liabilities)/Total equity

Total debt (or liabilities) = Debt-to-equity ratio x Total equity  = 1.1 x Total equity

Basing on accounting equation:

Total assets = Total liabilities + Total equity  = 1.1 x Total equity + Total equity = 2.1 x Total equity

Total equity = Total assets/2.1 = $2,975/2.1

Return on equity (ROE) = Net income/Total equity

Net income = Return on equity (ROE) x Total equity = 11% x ($2,975/2.1) = $155.83

8 0
3 years ago
Johanna wants to start saving for a vacation and plans to put four annual deposits of $1200 each into an account earning 5 perce
abruzzese [7]

Answer:

$5,430.76

Explanation:

For this question, we use the Future value formula that is shown on the attachment. Kindly find it below:

Data provided in the question

Present value = $0

Rate of interest = 5%

NPER = 4 years

PMT = $1,200

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $5,430.76

8 0
3 years ago
Tondre Inc. has provided the following data for the month of July: Direct materials $34,000 Direct labor cost $52,000 Manufactur
Naddika [18.5K]

Answer:

overapplied overhead

$181,000

Explanation:

Prime cost:

= Direct labor cost + Direct materials

= $52,000 + $34,000

= $86,000

Works cost:

= Prime cost + Manufacturing overhead cost applied

= $86,000 + $74,000

= $160,000

Cost of production:

= Works cost + Opening work in process - Ending work in process

= $160,000 + $30,000 - $20,000

= $170,000

Cost of goods sold:

= Cost of production + Opening finished goods - Ending finished goods

= $170,000 + $46,000 - $33,000

= $183,000

Manufacturing overhead cost incurred = $72,000

Overhead is over applied.

Therefore,

Cost of goods sold:

= Cost of goods sold - Manufacturing overhead cost applied + Manufacturing overhead cost incurred

= $183,000 - $74,000 + $72,000

= $181,000

7 0
3 years ago
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