Answer:
The correct answer is A. it relentlessly pursues an ambitious strategic objective, concentrating the full force of its resources and competitive actions on achieving that objective.
Explanation:
A strategic intention is the aspiration of a corporation that aims at its effective development in the long term, for this reason it must be an objective for which all personnel have appropriated. Normally, in order to reach this level, the company must go through a stage of recognition, analysis and projection where the market and growth expectations are taken into account in order to go in the best way for the benefit of both its internal and external users.
Answer:
Explanation:
The journal entries are shown below:
Taxes expense A/c Dr $12,320
To Prepaid Taxes $12,320
(Being prepaid taxes are adjusted)
Taxes expense A/c Dr $45,000
To Property taxes payable $45,000
(Being property taxes are adjusted)
The prepaid taxes are computed below:
= Prepaid taxes × (number of months ÷ total number of months in a year)
= $18,480 × (8 months ÷ 12 months)
= $12,320
The eight months is calculated from May 1 to December 31
Answer:
c
Explanation:
A) A shift of the budget line inward to the left
B) A shift of the budget line outward to the right
C) No change in the budget line
D) An increase in the slope of the budget line
Answer:
$52,000
Explanation:
Bonus is 20% on annual net income, after deducting the bonus.
Let the annual income after deducting bonus be g
Then,
Bonus = 20% of g
= 0.2g
Annual income before bonus = annual income after bonus + bonus
312,000 = g + 0.2g
g = 312000/1.2
g = $260,000
Bonus = 0.2g
= 0.2 × 260,000
= $52,000
