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BigorU [14]
2 years ago
7

Which of the following is a difference between strategic planning and tactical planning?

Business
1 answer:
katen-ka-za [31]2 years ago
6 0

Answer:

so here correct option is b. ​ Strategic planning is done by top-level managers, whereas tactical planning is done by middle-level managers

Explanation:

we know that strategic plan is a course of action that is a long term goal and generally up to 5 years while tactical planning course of action is short term goal and generally with in a year or less than year

and

In strategic plan top management must develop and use summary report on finances and operations and external environment while tactical planning have shorter time frame and narrower scope than strategic so middle level management do it

so here correct option is b. that is strategic planning is done by top level manager and tactical planning is done by middle level manager

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On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight
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Answer: c. $94,240

Explanation:

On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.

Note payable value = Present value of seven $20,000 payments

= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.

= 20,000 * 4.712

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2 and 5

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Marielle Machinery Works forecasts the following cash flows on a project under consid- eration. It uses the internal rate of ret
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Explanation:

Cash flows are missing a similar question is attached and followoing answer is made accordingly.

Year                           0             1           2              3             NPV

Cash flows          -$10,000    $0     $7,500    $8,500

PV @ 10%            -$10,000    $0     $6,198     $6,386    =   $2,584

PV @5%               -$10,000    $0     $6,802     $7,342    =   $4,144

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7 0
3 years ago
On January 1, 2020, a county government sends out property tax bills in the amount of $100,000,000. Of this amount, $15,000,000
Lesechka [4]

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B. $12,000,000

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Hi there!

At the beginning of 2020 we estimate the credits that will be uncollectible and constitute the allowance for uncollectible.

<u>The journal entry:</u>

                                                                      Debit             Credit                          

Bad debts expense                               $15,000,000

Allowance for uncollectible account                             $15,000,000

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<u>The jorunal entry:</u>

                                                                    Debit             Credit

Allowance for uncollectible account    $3,000,000

Bad debts expense                                                      $3,000,000

Allowance for uncollectible account  ledger, December 31 2020

<h3><u>Allowance for uncollectible acc</u><u>ou</u><u>nt </u></h3>

          Debit                  Credit

                                $15,000,000

      <u> $3,000,000                               </u>

                                   $12,000,000

4 0
2 years ago
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