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mihalych1998 [28]

3 years ago

13

Which of the following is true of strategic plans? a. They are developed by middle- and lower-level managers b. They have a shor

t time horizon. c. They have specific and concrete focus.

1 answer:

Leno4ka [110]3 years ago

4 0

Answer:C

Explanation:

They have specific and concrete focus

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Mary kay, avon, and other cosmetic manufacturers produce and market their products on a worldwide basis including countries like

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Beauty and cosmetics

6 0

3 years ago

Piercy, LLC, has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 −$ 68,000 −$ 68,00

den301095 [7]

Answer:

IRR for A= 35.33%

IRR for B = 31.88%

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a finacial calculator :

IRR for cash flow A

Cash flow in year 0 = −$ 68,000

Cash flow in year 1 = $44,000

Cash flow in year 2 = $38,000

Cash flow in year 3 = $25,000

Cash flow in year 4 = $15,600

IRR = 35.33%

IRR for cash flow A

Cash flow in year 0 = −$ 68,000

Cash flow in year 1 = $30,200

Cash flow in year 2 = 34,200

Cash flow in year 3 = $40,000

Cash flow in year 4 = $24,200

IRR = 31.88%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button

7 0

3 years ago

A company investing borrowed funds expects to earn a return greater than the interest it will pay for the use of funds is using

Naddika [18.5K]

Answer:

Financial leverage

Explanation:

Financial leverage is defined as the use of borrowed funds to perform a business activity or investment that is expected to have higher returns than the cost of borrowing the money (interest).

When a company is looking for funds for its activities there are 3 options they can use: equity, debt, or lease.

Use of equity is the only option where no extra cost is incurred for use of funds.

When using debt or lease cost of use is incurred. The business will need to engage in an activity that will give it revenue above cost of debt.

This practice is called use of financial leverage.

3 0

3 years ago

Jason Allen is 30 years and wants to retire when he is 65. So far he has saved (1) $6,960 in an IRA account in which his money i

grandymaker [24]

Answer:

It will make annual deposits for $ 4,056.202

Explanation:

His goal is a future value of 1,000,000 in 35 years.

we will deduct from this the future value of his other investment:

<u>IRA</u>

$Principal \: (1+ r)^{time} = Amount$

Principal 6,960.00

time 35.00

rate 0.08300

$6960 \: (1+ 0.083)^{35} = Amount$

Amount 113,397.95

<u>Market account</u>

$Principal \: (1+ r)^{time} = Amount$

Principal 4,310.00

time 35.00

rate 0.05250

$4310 \: (1+ 0.0525)^{35} = Amount$

Amount 25,837.53

<u>Proceeds required from the fund:</u>

1,000,000 - 113,397.95 - 25,837.53 = 860,764.52

Now we calculate the PMT:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $860,764.52

time 34 years

(we must notice it will beging this investment next year, so at 31 years old)

rate 0.0934

$860764.52 \div \frac{1-(1+0.0934)^{-34} }{0.0934} = C\\$

C $ 4,056.202

5 0

3 years ago

Ralph Watkins owns a large home on a two-acre lot in Tempe, Arizona. Watkins has much of the lot covered with tiff grass and is

kakasveta [241]

Answer:

(C) Brown could seek an injunction against Watkins, on the basis of nuisance

Explanation:

The bugs and pests from Watkins grass clipping pile are a menace to his neighbour Brown.

Brown has tried extermination but the source of the problem, which is still there, makes his efforts futile.

Brown now has the right to seek an injunction - a court order controlling or restricting a person's behaviour - against Watkins on the basis of nuisance.

Watkins should comply

5 0

3 years ago