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Inessa05 [86]
3 years ago
14

Definition of a mission statement in businesses?

Business
1 answer:
Juli2301 [7.4K]3 years ago
5 0

This is my own definition- I'm not sure if there are options.

But a mission statement is when a business has a goal to where there business is going and what they want to acheive with said goal.

If you have options for the answer, I'd be happy to help in that way too!

You might be interested in
How many international airports are in cote d'ivoire?
uranmaximum [27]
1 internation airport and its called the Ivory Coast 
3 0
4 years ago
Destin Company uses the weighted average method in its process costing system. The first processing department, the welding depa
ICE Princess25 [194]

Answer:

the cost per equivalent unit for conversion costs for the month is $ 6.256 (round off to three decimal places)

Explanation:

The Concept of Equivalent units measures the number of units of output in terms of percentage completion of a certain input element.

In this question we  are required to find the cost per equivalent unit for conversion costs.

Step 1 Find the Total conversion costs for the period.

Conversion cost in this beginning work in process inventory $19,200

Conversion costs incurred in the  during the month              $383,060

Total conversion costs for the period                                      $402,260

Step 2 Find the Total Equivalent units

Hint : First find the Units Completed

Units Completed = 10000+6000-19000

                            =  51,000

<u> Total Equivalent units</u>

Units Completed (  51,000 × 100 %)                  = 51,000

Closing Work In progress (  19,000 × 70 %)      =13,300

Total Equivalent units                                         =64,300

Step 3 Find cost per equivalent unit for conversion costs

cost per equivalent unit = Total conversion costs / Total Equivalent units

                                          =  $402,260 / 64,300

                                          =  $ 6.256 (round off to three decimal places)

3 0
3 years ago
Determine the capitalized cost of a permanent roadside historical marker that has a first cost of $75,000 and a maintenance cost
densk [106]

Answer:

The capitalized cost is $ 84,667.20

Explanation:

First of all please note that the cost of $ 75,000 is already the present cost.

The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.

The capitalized cost then can be calculated as follows :

CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest

CC = $ 75,000 + $ 3,200(0.3021)/0.1

CC = $ 75,000 + $ 9,667.2

CC = $ 84,667.20

6 0
3 years ago
Fiber-optic cable most likely would be used in a business network when (1 point) saving money is more important than speed. the
Papessa [141]
When electrical or magnetic interference is present
8 0
3 years ago
According to the aggregate demand curve, when the aggregate price level _____, the quantity of aggregate output _____. rises; de
iren2701 [21]

Answer:

rises; demanded falls

Explanation:

The aggregate demand curve exhibits a negative relationship between aggregate price levels and aggregate output demanded. If aggregate price levels falls, aggregate output demanded rises and if aggregate price levels rises, aggregate output demanded falls.

The aggregate demand curve is negatively sloped.

Please check the attached image for a graph of the aggregate demand curve.

I hope my answer helps you

3 0
3 years ago
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