Answer:
Core competencies
Explanation:
Competencies can be defined as a combination of various skills which are essential to increase productivity.
Core competencies can be described as the different skills and practices which all employees in an organization are expected to possess irrespective of the various department's they belong to.
Some examples of core competencies include:
- Creativity
- Team work
- Technological awareness
- Leadership
- Good sense of organization.
- Accountability
Answer:
1 Cash 11,190,000
Discount on Note Payable 810,000
Note Payable 12,000,000
2- Interest Expense 810,000
Discount on Note Payable 810,000
3- Note Payable 12,000,000
Cash 12,000,000
Explanation:
In order to pass the Journal entry for issuance of Note Payable. First we need to calculate the Discount on issue of Bond Payable. The discount on note payable is calculated using the 12,000,000 x 9% x 9/12 = 810,000. In case of note payable is discount is interest expense for issuer hence on due corporation will pay full value of note to purchaser of note.
Answer:
9.69%
Explanation:
Given the following :
Net income = $4819
Total asset = $38,200
Taxable income = $6,100
Dividend payout ratio = 30% = 0.3
The internal growth rate is calculated thus ;
(Return on asset × Retention ratio)/[1-(Return on asset × Retention ratio)]
Return on asset = (Net income / total asset)
Return on asset = ($4,819 / $38,200)
Return on asset = 0.12615
Retention ratio = 1 - Dividend payout ratio
Retention ratio = 1 - 0.3 = 0.7
Hence internal growth rate :
(0.12615 × 0.7) / 1 - (0.12615 × 0.7)
0.088305 / 1 - 0.088305
0.088305 / 0.911695
= 0.0968580
= 0.0968580 × 100%
= 9.685%
= 9.69% ( 2 decimal places)
The make-to-stock manufacturing (MTS) strategy can be described as producing products to put into stock based on a demand forecast.
In this strategy, companies do not maintain productive stability over a period of time, but adjust their manufacturing strategy according to times when demand can increase or decrease.
Some advantages of the make-to-stock strategy are:
- Economy of scale.
- Waste reduction.
- Efficiency in the use of resources.
- Increased response time.
So this is an effective manufacturing strategy for companies that can accurately forecast their demand.
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