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d1i1m1o1n [39]
3 years ago
6

Evaluate the importance of each major step in policy analysis as it relates to political choice. Next, debate if one would consi

der any of these steps more important than another. Provide a rationale to support your answer.
Business
1 answer:
Anuta_ua [19.1K]3 years ago
4 0

Explanation:

Policy planning is extremely important for the set of rules, rules and procedures to assist the decision-making process and direct the operations of any government, institution or organization.

The implementation stage, on the other hand, corresponds to the actions that will determine whether policies, plans and goals will be achieved as defined in the planning stage.

After implementation, an evaluation is necessary to resolve problems and gaps found to achieve the objectives, in order to constitute the continuous improvement of strategic plans.

One stage of policy analysis cannot be considered more important than another, as each is codependent of the other to be effective, and paid-in will help the best direction to better meet and satisfy public needs.

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What is the primary goal of financial management for a sole proprietorship?
Evgesh-ka [11]

Answer: we will first add the options.

A. Maximize the market value of the equity.

B. Maximize net income given the current resources of the firm.

C. Minimize the tax impact on the proprietor.

D. Decrease long-term debt to reduce the risk to the owner.

E. Minimize the reliance on fixed costs.

The correct option is A. Maximize the market value of the equity.

Explanation: A sole proprietorship is generally owned by an individual. Therefore there is a usually a limitation to how much funds that can be invested in the business.

What this means is that this form of business is very simple and restrictive with regards to equity financing. In other words, equity financing is usually limited to the amount of funds that the sole proprietor is willing to invest in the business.

This is where good financial management comes in, this is to ensure that the invested equity bears fruit, and achieves high market value in order to yield revenue.

Lack of proper management and the invested equity will be squandered.

6 0
3 years ago
The Digby Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expec
Igoryamba

Answer:

$4,908,000

Explanation:

The computation of accumulated depreciation expense for this purchase is shown below:-

Depreciation expense = ((Cost of machine - Salvage) ÷ Estimated useful life of machine)

= (($40,900,000 - $4,090,000) ÷ 15) × 2

= $36,810,000 ÷ 15 × 2

= $4,908,000

Therefore for computing the depreciation expense we simply applied the above formula.

6 0
3 years ago
Very early in 2018, while developing software for sale to others, after achieving technological feasibility but before the comme
finlep [7]

Answer:

c. 48,000

Explanation:

The amount charges is based off of the total sales figure and the current year sales percentage.

We can calculate the current year's charge as follows,

Charge = (120,000 / 800,000) * 320,000

= $48,000

Whwre, 800,000 is the total sales figure (120,000 + 680,000).

Hopw that helps.

7 0
4 years ago
Assume that, given factors of production and existing knowledge and technology, it is not possible to produce more of one good w
amm1812

Answer: The correct answer is "efficient".

Explanation: Economists would characterize this situation as: efficient.

There are situations in which the possibilities of utility improvement are exhausted, reaching an exact point where it is not possible to improve without losing an opportunity. Basically that is the condition posed by the existence of efficient allocation.

7 0
4 years ago
At December 31, 2021 and 2020, Cow Co. had 117,000 shares of common stock and 6,700 shares of 3%, $100 par value cumulative pref
laila [671]

Answer:

$5.55

Explanation:

Calculation to determine what the basic earnings per share was

Using this formula

EPS=Net income-(Value cumulative preferred stock percentage*Net income)/Shares of common stock

Let plug in the formula

EPS=$670,000-(3%*$670,000)/117,000

EPS=$670,000-$20,100/117,000

EPS=$649,900/117,000

EPS=$5.55

Therefore For 2021, basic earnings per share was: $5.55

8 0
3 years ago
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