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3 years ago

The mission statement of your business should contain all of the following elements except the

2 answers:

7 0

C. expected profit margins
the mission statement provides information about the company as to who, why and how they plan to operate

tensa zangetsu [6.8K]3 years ago

5 0

Answer: (C) Excepted profit margin

Explanation:

The main mission statement of the business is that the person must value of your company or organization and always aware about the main purpose of the business. In the initial stage we cannot expected the profit margin from our business as takes time.

Always aim on the purpose and business in your organization then you definitely achieve what you want from the business. Therefore, all the given options are the mission statement of the business expect option (C).

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Shelton Enterprises is expecting tremendous growth from its newest boutique store. Next year the store is expected to bring in n

Sedaia [141]

Answer:

B. $6,448,519

Explanation:

The computation of the present value of this growing annuity is given below:

PVA = [Cash flow at year 1 ÷ (interest rate - growth rate)] × {1 - [(1 + growth rate) ÷ (1 + interest rate)^number of years}

= [$675,000 ÷ (0.18 - 0.13)] × [1 - (1.13 ÷ 1.18)^15]

= $6,448,519

Hence, the correct option is b.

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3 years ago

Following is Stanley Black & Decker’s income statement for 2016 (in millions): STANLEY BLACK & DECKER, INC. Income State

LekaFEV [45]

Answer:

Gross profit Margin 37.41%

Explanation:

The gross profit margin is the quotient between the gross profit and the sales:

$\frac{gross \: profit}{sales} = $gross profit margin$

$\frac{11,406.9 - 7,139.7}{11,406.9} =\\\frac{4,267.2}{11,406.9}$

Gross profit Margin 0,374089 = 37.41%

4 0

4 years ago

A store has 5 years remaining on its lease in a mall. Rent is $2,000 per month, 60 payments remain, and the next payment is due

Tcecarenko [31]

Answer:

Explanation:

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3 years ago

Read 2 more answers

Continent Construction Company is a building contractor specializing in small commercial buildings. The company has the opportun

Tpy6a [65]

Answer:

1. Job A is considered for recommendation

2. Accept B

Explanation:

1. We calculate contribution for A and B

For job A

$(800000-250000-260000-40000-26000)

= $224000

For job B

$(750000-220000-310000-30000-29000)

= $161000

We compare the costs of both jobs. A has more contribution compared to B so we consider A.

2. A is no longer available

We add supervisors salary as well as insurance as additional costs

$(750000-220000-310000-30000-29000-70000-18200)

= 72800

The contribution from b is positive so the decision is to accept it.

3 0

3 years ago

Superior Micro Products uses the FIFO method in its process costing system. Data for the Assembly Department for May appear belo

oee [108]

Explanation:

The computation of the cost per equivalent units for each one is shown below:

For Material

= Cost added ÷ Equivalent unit of production

= $67,276 ÷ 13,900 units

= $4.84 per unit

For Labor

= Cost added ÷ Equivalent unit of production

= $27,025 ÷ 11,500 units

= $2.35 per unit

For overhead

= Cost added ÷ Equivalent unit of production

= $86,825 ÷ 11,500 units

= $7.55 per unit

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3 years ago