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Anon25 [30]
3 years ago
11

Executive Office Supply, a small family-owned company, sells high-priced desks, some as expensive as $10,000, to executives in i

ts area. Very few companies have chosen to market this product, and Executive Office Supply has enjoyed record profits over the last 25 years. As their financial planner, you would advise Executive Office Supply to not utilize strategic planning.True / False.
Business
1 answer:
vagabundo [1.1K]3 years ago
4 0

Answer:

FALSE

Explanation:

Strategic planning consists of a set of strategies that aim to give sustainability to the development of a long term company. This is an extremely important factor, because through strategic planning the company adopts methodologies, processes and production plans that are more appropriate to the project's profile. In addition, strategic planning takes into account the profile of the public consumer of the company's products. Executive Office Supply produces a differentiated product aimed at the high-income public, which is usually sensitive and demanding. Thus, with absolute conviction I would suggest that the company adopt strategic planning.

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The audience's perception of a speaker's competence, trustworthiness, and dynamism is termed A) credibility. B) charisma. C) cha
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Answer:

A) credibility

Explanation:

Credibility can be defined as the quality of being trusted and believed in.

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Fund flows that occur within a quarterly reporting period are referred to as _______________ cash flows.
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Answer:

The options are

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6 0
3 years ago
The current sections of Birmingham Inc.’s balance sheets at December 31, 2019 and 2020, are presented here. Birmingham’s net
jekas [21]

Answer:

Net Income 193,000

Non-monetary terms:

Depreciation expense    25,000

amortization expense       10,000

gain on disposal          <u>     (7,000)   </u>

Adjusted Income            221,000

Change in Working Capital:

Increase in A/R        (27,000)

Decreasein Inv          17,000

Increase in Prepaid   (5,000)

Increase Accrued /P   11,000

Decreasein A/P         (6,000)

Change In Working Capital     (10,000)

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Investing

Sale of Equipment  47,000

Financing

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Cash Flow              318,000

Beginning Cash   99,000

Cash Flow           318,000

Ending Cash        417,000

Explanation:

We first remove the non.monetary concetps from the net income.

Then we adjust for the change in working capital which are the incrase and decrease in the current assets and liabilities account

Increase in asset and decrease in liabilities represent cash outflow

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