Organizations use Tactical planning to determine what contributions the departments or work units can make toward the organization's strategic priorities and policies during the next 6 -- 24 months.
<u>Explanation:</u>
Tactical planning is a precise ascertainment and scheduling of the paramount or short-term pursuits expected in fulfilling the aspirations of strategic planning. The tactical planning manner occurs in real-time, endeavoring short-term consequences. Possessing this methodology in point empowers the company to execute agile tactics to surpass within the corresponding sale.
In the tactical point, the business is reacting to urgent certainties. Tactical planning is abnormally frequent with performance-driven activities. Immobile job positions with recurring responsibilities like recording and making infrequently want a tactical plan because compatible is the most eminent state consequence in these job roles.
Answer:
3.53 years
Explanation:
The computation of the payback period is shown below:
In year 0 = $8,300
In year 1 = $2,100
In year 2 = $3,000
In year 3 = $2,300
In year 4 = $1,700
If we sum the first 3 year cash inflows than it would be $7,400
Now we subtract the $7,400 from the $8,300 , so the amount is $900 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $1,700
So, the payback period equal to
= 3 years + $900 ÷ $1,700
= 3.53 years
Answer:
c. $4,025,200
Explanation:
The computation of the total cash receipts from sales and collections in April month is shown below:
= April sales × cash sales percentage + April sales × credit sales percentage × collection month percentage + March sales credit sales percentage × Following month collection percentage
= $4,000,000 ×30% + $4,000,000 × 70% × 40% + $4,200,000 × 70% × 58%
= $1,200,000 + $1,120,000 + $1,705,200
= $4,025,200
Since cash sales are 30% , so the credit sales would be 70%
