Answer:
Wallach describes three ways of thinking :
- T<u>ransgenerational thinking</u>: It helps us to think about our problems and the ways in which you can resolve them ,and what will be the future consequence of your thinking.
- <u>Futures thinking:</u> Wallach advocated the fact that we should just not think about the future in one single perspective rather we should open our mind about various future perspectives.
- <u>Telos thinking:</u>The word Telos comes from a greek word which means :Ultimate aim".One should think that what will happen next once a particular problem is solved
Wallach relate the future to a part of speech establishing a link between Thomas Khun quote: “People don’t shift unless they have a vision of what it is they’re shifting to.” and Martin Luther King Speech of "I Have a Dream" he says that that speech is successful as it shows what his dream and what will come after the dream is accomplished
When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by <u>selling common stock</u>. Long-term funding can be defined as any financial tool with maturity going beyond one year (such as bank loans, bonds, leasing and other forms of debt finance), and public and private equity instruments.
<h3>What is a retained earnings?</h3>
Retained earnings are the total of profit an establishment has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders.
Therefore, the correct answer is as given above
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Answer:
The incorrect statement regarding relevant costs and revenues:
To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives.
Explanation:
For a cost or revenue to be considered as relevant, it must be incurred or earned at a future time. It must also differ between the options available for decision making. A cost or revenue cash flow is relevant if it arises from a management decision and can be avoided. This simply means that if the cost or revenue is not affected by management decision or does not make any difference in decisions, it is not relevant.