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3 years ago

Formal planning means specific goals are formulated and never reduced to writing but simply communicated.

1 answer:

3 0

<span>The statement that formal planning means specific goals are formulated and never reduced to writing but simply communicated is false.
</span><span>In opposite formal planning is type of strategic planning that includes writing of the organization's goals and objectives. The given definition refers to the informal planning. </span>

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Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respect

nalin [4]

Answer:

The computation is shown below:

Explanation:

The computation is shown below:

As we know that

a) Marginal Propensity to Consume (MPC) = Change in consumption ÷ change in disposable income

MPC = $15 billlion ÷ $20 billion

MPC = 0.75

And,

Marginal Propensity to Save (MPS) = change in saving ÷change in disposable income

MPS = $5 billion ÷ $20 billion

MPS = 0.25

Now

b) Before the increase in disposable income

The average propensity to consume (APC) is

= Consumption ÷ disposable income

= $150 billion ÷$200 billion

= 0.75

And,

After the increase in the disposable income

New disposable income = $200 billion + $20 billion

= $220 billion

And,

New consumption = $150 billion + $15 billion

= $165 billion

So,

APC = New consumption ÷ new disposable income

= $165 billion ÷ $220 billion

= 0.75

6 0

3 years ago

The value of an investment increases by x% during January and decreases by y% during February. If the value of the investment is

RSB [31]

Answer:

y in terms of x would be:

y = 100 - 10,000 / (100 +x)

Explanation:

Let us assume the investment amount is 100

And let x is equal to 25 and y is equal to 20

So, there is increase in January

= 100 + 25% × 100

= 100 + 25

= 125

In order to decrease, it is to be back down to 100 in February, y =20

= 125 - 20% × 125

= 125 - 25

= 100

Therefore, in order to check that the value of y is correct or not, which we assumed. We will plug

x = 25 into the equations:

= 100 - 10,000 / (100 + x)

= 100 - 10,000 / (100 + 25)

= 100 - 10,000 / 125

= 100 -80

= 20

Therefore, this equation is right.

Note: Options are not given so providing the direct answer.

8 0

3 years ago

You have been working as an assistant manager in Mimi and Jasmine's (M&J) warehouse. M&J is an innovative cosmetics comp

miskamm [114]

Whatas the question i work at chilis so im a genius at servers answers with the needed things and idk where im going i hate my job and life but like besides the pioint wheres the question

7 0

2 years ago

Elite Trailer Parks has an operating profit of $200,000. Interest expense for the year was $10,000; preferred dividends paid wer

11Alexandr11 [23.1K]

Answer:

a. Earnings per share = (Operating profit - Interest expense - Tax - Preferred dividends) / Common stock outstanding

Earnings per share = ($200,000 - $10,000 - $61,250 - $18,750) / $20,000

Earnings per share = $110,000 / 20,000 Shares

Earnings per share = $5.5 per share

Common dividends per share = Dividend paid / Common stock outstanding

Common dividends per share = $30,000 / 20,000 Shares

Common dividends per share = $1.50 per share

b. What was the increase in retained earnings for the year?

Increase in retained earnings = $110,000 - Common dividend paid

Increase in retained earnings = $110,000 - $30,000

Increase in retained earnings = $80,000

So, the increase in retained earnings for the year is $80,000.

3 0

2 years ago

Your assistant wants to use secondary data exclusively for the current marketing research project. You advise him that the use o

Rudik [331]

Answer:

D) It is generally more expensive to obtain than primary data.

Explanation:

A) It may not exist.

Problem. Primary data may not yet be available due to its sensitivity of the primary data.

B) It may not be relevant

Problem. Published data may not be applicable to your region. For example published data for Asia might not be applicable to Africa.

C) It may not be impartial.

Problem. Primary data used to create the secondary data might not treated all rivals equally.

D) It is generally more expensive to obtain than primary data.

Not a problem. Secondary data is not expensive as compared to primary data.

E) It may not be current.

Problem. Primary data collected might be out of date thus can not be used recent decisions as many things would have changed.

7 0

2 years ago