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igomit [66]
3 years ago
9

Which activity is an example of a time-based goal? A. Catherine plans to learn to play the guitar in the next few years. B. Davi

d wants to pay off his student loan as soon as possible. C. Farah wants to obtain her college degree in four years. D. Richard has a dream to visit Australia after he retires.
Business
2 answers:
frez [133]3 years ago
6 0

Answer: C. Farah wants to obtain her college degree in four years

A time bound goal has a specific, measurable time-frame within which a specific goal has to be achieved; it can also set as a specific target to be achieved at periodical intervals.

Amongst the options given, only option C has a specific, measurable and well-defined time frame within which a specific goal is set to realized.


lidiya [134]3 years ago
5 0

Answer: The answer is C

Explanation:

You might be interested in
uppose McKnight ​Corp.'s breakeven point is revenues of $ 1 comma 100 comma 000. Fixed costs are $ 660 comma 000. Requirements 1
ioda

Answer:

1. Compute the contribution margin percentage.

  • 40%

2. Compute the selling price if variable costs are ​$16 per unit.

  • $26.67

3. Suppose 65 comma 000 units are sold. Compute the margin of safety in units and dollars.

  • margin of safety in $ = $633,550
  • margin of safety in % = 36.55%

4. What does this tell you about the risk of McKnight making a​ loss? What are the most likely reasons for this risk to​ increase?

  • Since the contribution margin is relatively high, this means that the production costs are relatively low (compared to selling price). The associated risks may come from high leverage, e.g. machinery purchased on credit that results in high interest expense. For the most part, having a high contribution margin is generally very good, just ask Apple.

Explanation:

break even point is $ = $1,100,000 (= break even point units x selling price)

fixed costs = $660,000

contribution margin % = (total sales - total variable costs) / total sales

total variable costs = $1,100,000 - $660,000 = $440,000

contribution margin % =  ($1,100,000 - $660,000) / $1,100,000 = 40%

variable costs = $16 per unit

0.4 = (x - $16) / x

0.4x = x - $16

$16 = 0.6x

x = $26.67

65,000 x $26.67 = $1,733,550

margin of safety in $ = $1,733,550 - $1,100,000 = $633,550

margin of safety in % = $633,550 / $1,733,550 = 36.55%

4 0
3 years ago
Petrus Framing's cost formula for its supplies cost is $2,300 per month plus $6 per frame. For the month of March, the company p
Alchen [17]

Answer:

$30 Favorable

Explanation:

Calculation for the activity variance for supplies cost in March

Using this formula

Activity variance = (Actual units - Budgeted units) * Variable cost

Where,

Actual units=856

Budgeted units=861

Variable cost=$6

Let plug in the formula

Activity variance=(856-861) * $6

Activity variance=5*$6

Activity variance=$30 Favorable

Therefore the activity variance for supplies cost in March would be closest to: $30 Favorable

8 0
3 years ago
On October 1, year 14, Park Co. purchased 200 of the $1,000-face-value, 10% bonds of Ott, Inc., for $220,000, including accrued
lana [24]

Answer:

Bond receivable - Ott Inc 200,000

Premium on B.R Ott Inc       14,400

Interest receivables             10,000

Net:                                     224,400

Explanation:

As Park Co uses straight line method, we don't have to solve for the present value of the bond we directly label the difference between cost and face value as premium or discount accordingly. Premium when above and discount when lower.

accrued interest:

200 bonds x $1,000 each x 10% x 3/12 = 5,000

220,0000 cost - 5,000 interest - 200,000 face value = 15,000 bond premium

Balance at December year 15:

the interest payable will be for the entire period:

200,000 x 10% / 2 = 10,000

the premium will be amortized for 3 month.

and it has outstanding 75 month to mature from October 1st

15,000 x 3 / 75 months = 600

carrying value 15,000 - 600 = 14,400

8 0
3 years ago
What are the pricing methods
maria [59]
The four types of pricing methods.

6 0
3 years ago
What are the goals of CRM and social media marketing
NikAS [45]

Answer:

A company moves their focus onto customers who are active on different social media platforms, to both offer customer service on social channels, and to optimize their own service by collecting customer data via these channels. The long-term goal of Social CRM is to increase customer satisfaction and revenue.

Explanation:

6 0
3 years ago
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