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3 years ago

11

One step in the financial planning process is to establish financial control procedures that allow managers to monitor the organ

ization's performance. T/F?

1 answer:

otez555 [7]3 years ago

6 0

The answer is true, hope this helped!

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The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP

Mrac [35]

Answer:

Explanation:

The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.

Year 2016 2017

Price Quantity Price Quantity

Ice Cream $7.00 600 $3.00 400

Blue Jeans $70.00 20 $20.00 90

Laptops $300.00 5 $300.00 5

2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ = $7,100

2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_ = $4,500

2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______

= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.

2017 real GDP = will be same as nominal, hence no growth since this is the base year

4 0

3 years ago

What entry is made to establish a petty cash book?

ollegr [7]

Someone must write a check

8 0

3 years ago

Read 2 more answers

ConsGrough, Inc. has increased its annual common dividend by 3% in each of the years that the company has existed. If you believ

Salsk061 [2.6K]

Answer: $171.67 would be the price of the security

Explanation: This problem relates to dividend growth model, which can be shown as follows :-

$=\frac{D_{1}}{P_{0}}+\:G$

where'

d1 = expected dividend

p = price

g = growth rate

therefore,

$=\frac{\$5\left ( 1+3\% \right )}{P_{0}}+\:3\%$

solving this we get

$p_0=\$171.67$

8 0

3 years ago

A person who buys stocks to make a little extra money consistently each year would be said to be doing so for __________________

blondinia [14]

Answer:

Investment

Explanation:

To invest is to allocate money in the expectation of some benefit/return in the future.

3 0

3 years ago

Internal Environmental Analysis

Wittaler [7]

The analysis that you have been asked to examine is called SWOT Analysis. See the categorization below.

<h3>What is SWOT Analysis?</h3>

This is simply a situational analysis that considers the strengths, weaknesses, opportunities, and threats that a company might face in the execution of its business strategy.

,

Strength

• Adequate Financial Resources

• Proven Management Skills

• Ahead of the Experience Curve

• Diversify into Related Products

• Enter New Markets or Segments

• Proprietary Technology

• Vertical Integration

• Product Innovation Skills

• Well Thought of by Buyers

Weaknesses

• Too Narrow a Product Line

• Unable to Finance Needed Strategy Changes

• Falling Behind in R & D

• Vulnerability to Recession & Business Cycle

• Poor Track Record in Implementing Strategy

• Higher Overall Unit Costs than Competitors

Opportunities

• Complacency Among Rival Firms

• Falling Trade Barriers in Attractive Foreign Markets

• Serve Additional Customer Groups

Threats

• Rising Sales of Substitute Products

• Issues Costly Regulatory Requirements

Learn more about SWOT at;
brainly.com/question/20350382
#SPJ1

6 0

2 years ago