You are given the following information concerning Parrothead Enterprises:

A winning strategy is one that results in a company becoming the dominant industry leader. fits the company's internal and exter

Anastasy [175]

Answer:

The options are not properly aligned.Find the same question with proper alignment in the attached.

A winning strategy fits the company's internal and external situation, builds sustainable competitive advantage, and improves company performance.

Explanation:

For a strategy to be tagged a winning one,it must carefully take into the consideration the internal and external environments that the business operates in,such that internal strengths and weaknesses can be discovered as well as external opportunities and threats.

In addition, it must also consider the capabilities ans skills peculiar to the business that are difficult to imitate by others, in essence competitive advantage.

Above all, the strategy must positively impact the bottom-line,in that the business records positive strong performances period after period.

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4 0

3 years ago

Trout Lumber Yard has a current accounts receivable balance of $447,516. Credit sales for the year just ended were $8,105,305. a

musickatia [10]

Answer:

Trout Lumber Yard

a. The receivables turnover = Net Credit Sales/Average Receivables

= $8,105,305/$447,516

= 18 times per year

b. The Days' Sales in Receivables = Average Receivables/Credit Sales * 365

= $447,516/$8,105,305 * 365

= 20.15 days

c. On the average, it took 20.15 days (365/18.11) for credit customers to pay off their accounts during the past year.

Explanation:

a) Data and Calculations:

Accounts receivable balance = $447,516

Credit sales for the year just ended = $8,105,305

The receivables turnover = Net Credit Sales/Average Receivables

= $8,105,305/$447,516

= 18.11 times

The Days' Sales in Receivables = Average Receivables/Credit Sales * 365

= $447,516/$8,105,305 * 365

= 20.15 days

8 0

3 years ago

Determine the type of bias involved. A local businessman is proposing a new sports stadium in a metropolitan area. He puts up bi

Rus_ich [418]

Answer: This is called Self-interest bias.

Explanation:

When someone is using this type of bias they are doing it for their own self interest. They will use all information gathered to use the information that will benefit themselves and their interests. This can be considered unethical in some types of businesses. The person using self interest bias will try to blame others for any failures that they may have. They may also refuse to take personal responsibility in any situation.

These are three other types of bias;

Selection bias
Information bias
Confounding

3 0

4 years ago

The objective of the company that manufactures liqueur is to grow its international business. To determine its success, it compa

mote1985 [20]

Answer:

Standard.

Explanation:

In the context above, it can be seen that the 1988 was been provided to be a standard for growth and high export year against all other years. Therefore, in a bid to improve its manufacture growth, different things are expected to change back or better than the model or steps that are been used. Objectives to determine a huge success in the current project is seen to be in a cue with that of the year discussed above.

6 0

3 years ago

Valley Technology Balance Sheet As of March 11, 2020 (amounts in thousands) Cash 9,700 Accounts Payable 1,500 Accounts Receivabl

ollegr [7]

Answer:

total liabilities = accounts payable $11,500 + unearned revenue $7,500 + debt $65,900 + other liabilities $800 = $85,700

Explanation:

Cash 9,700 Accounts Payable 1,500 Accounts Receivable 4,500 Debt 2,900 Inventory 3,800 Other Liabilities 800 Property Plant & Equipment 16,400 Total Liabilities 5,200 Other Assets 1,700 Paid-In Capital 7,300 Retained Earnings 23,600 Total Equity 30,900 Total Assets 36,100 Total Liabilities & Equity 36,100

1. Buy $15,000 worth of manufacturing supplies on credit

Supplies Accounts payable

debit credit debit credit

15,000 1,500

15,000

16,500

2. Issue $85,000 in stock

Cash Paid-In Capital

debit credit debit credit

9,700 7,300

85,000 85,000

94,700 92,300

3. Borrow $63,000 from a bank

Cash Debt

debit credit debit credit

94,700 2,900

63,000 63,000

157,700 65,900

4. Pay $5,000 owed to a supplier

Cash Accounts payable

debit credit debit credit

157,700 16,500

5,000 5,000

152,700 11,500

5. Receive payment of $12,000 owed by a customer

Cash Accounts receivable

debit credit debit credit

152,700 4,500

12,000 12,000

164,700 7,500

Due to some strange reason, accounts receivable has a debit balance (= $4,500 - $12,000). Since that is not possible, the remaining part $7,500 must be included under unearned revenue:

Accounts receivable Unearned revenue

debit credit debit credit

7,500 0

7,500 7,500

0 0 7,500

7 0

3 years ago