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egoroff_w [7]
3 years ago
14

A Mission Statement gives guidance the portfolio of programs and projects in an organization. Project managers should be able to

‘connect’ their projects to the mission statement. An easy way to summarize a mission statement is that it:_________
Business
1 answer:
Juli2301 [7.4K]3 years ago
5 0

Answer: Guides the way a company runs its operations.

Explanation:

From the question above, we can already see that a mission statement guides the operations in an organization, and project managers must always align their projects to the mission statement of an organization.

Therefore we can define a mission statement as the summary of a company's aims and values.

The aims and values of a company are what make the company operate the way it does. For example, a company with a mission statement of A Greener Earth will ensure that it produces little or no greenhouse gases, and it will also produce goods and services that combat global warming.

Summarily therefore, a mission statement guides the way a company runs its operations.

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Oregon Outfitters issues 1,300 shares of $1 par value common stock at $21 per share. Later in the year, the company decides to r
Molodets [167]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $27,300

(1,300 × $21)  

      To Common Stock $1,300  

       To Paid in capital in excess of par-Common Stock $26,000

(Being issue of common stock is recorded)

2.Treasury stock Dr, $5,000

(250 × $20)

        To Cash  $5,000

(Being repurchase of treasury stock is recorded)

3. Cash Dr, $6,750

(250 × $27)

      To Treasury stock $5,000

(250 × $20)

      To Paid in capital-Treasury stock $1,750

(Being reissue of treasury stock is recorded)

3 0
2 years ago
Suppose OPEC oil cartel announces that it will increase production of oil. Using supply and demand analysis to predict the effec
NISA [10]

Answer:

The first step is to show where the supply curve will shift, and in this case, the supply curve will shift to the right.

This is because OPEC has decided to increase oil production, or in other words, it has decided to shift the oil supply to the right. After this, the equilibrium price will probably fall, unless demand also rises proportionally.

8 0
3 years ago
reonna Corporation leases equipment from Falls Company on January 1, 2020. The lease agreement does not transfer ownership, cont
ioda

Answer:

$35,000

Explanation:

Since this is an operating lease (short lease term, no transfer of ownership, and low present value of lease payments), the lessor has to record a depreciation expense, but the lessee only considers lease payments as operating costs (no depreciation expense or lease liability should be recognized).

Depreciation expense per year under the straight line method = asset cost / useful life = $280,000 / 8 years = $35,000

4 0
3 years ago
Alicia is convinced that she can tell more about a job applicant in a​ 5-minute interview than through​ pre-employment tests or
WINSTONCH [101]
Alicia is using​ intuition
5 0
3 years ago
Michelle operates a food truck. Indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction
Montano1993 [528]

Answer:

a. Michelle moves her food truck between various locations on a daily rotation. Last week, Michelle was stopped for speeding. She paid a fine of $240 for speeding, including $195 for legal advice in connection with the ticket.

Deductible amount $195

b. Michelle paid $865 to reserve a parking place for her food truck for the fall football season outside the local football arena. Michelle also paid $210 for tickets to a game for her children.

Deductible amount $865

c. Michelle provided a candidate with free advertising painted on her truck during the candidate’s campaign for city council. Michelle paid $960 to have the ad prepared and an additional $660 to have the ad removed from the truck after the candidate lost the election

Deductible amount $0

6 0
3 years ago
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