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erma4kov [3.2K]
3 years ago
15

LO 1.1Which of the following is false regarding strategic planning?

Business
1 answer:
Studentka2010 [4]3 years ago
8 0

Answer:

It is the sole responsibility of supervisors.

Explanation:

Strategic planning includes setting objectives or goals and allocating resocurces to achieve set goals. The goals could be long or short term.

Strategic planning can span for years.

The strategic goals would vary from company to company because the aims and objectives of companies differ.

I hope my answer helps you.

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A bank has Tier I capital of $90 million and Tier II capital of $70 million. The bank has total assets of $2,522 million and ris
skelet666 [1.2K]

Answer:

C. Under-capitalized

Explanation:

Tier Capital/Risk-weighted assets = (90 million + 70 million)/2,017.6 million

= 7.93%;

Tier 1 Capital /Risk-weighted assets = 90 million /2,017.6 million

= 4.46%;

Tier Capital/Total assets= (90 million + 70 million)/2,522 million

= 6.34%.

The first ratio puts the bank in the undercapitalized zone.

8 0
3 years ago
Wayne Company's beginning and ending inventories for the month of June were as follows:
ipn [44]

Answer:

d. $487,750

Explanation:

Cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $145,000 +  $200,000 +  $ 170,000 + ($5.75 x  25,000) - $171,000

                                                =  $487,750

Note : Only overheads applied $143,750 ($5.75 x  25,000) are added to cost of goods manufactured instead of actual overheads.

Conclusion

the amount of cost of goods manufactured is  $487,750

5 0
3 years ago
?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipm
Rama09 [41]
In this scenario, Daniel is <span>satisficing.
</span>According to its definition, to satisfice means '<span>decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.' So, Daniel is weighing his options and looking for the means which will provide him with the best results possible when it comes to his small shoe manufacturing company.</span>
3 0
3 years ago
On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securit
sineoko [7]

Answer:

Transaction gain = $16 million

Explanation:

Given:

Purchase amount = $52 million

December 31, 2021, bonds value = $46 million

October 3, 2022, bonds sold = $62 billion

Computation:

Using multi-step approach

Transaction gain = October 3, 2022, bonds sold - December 31, 2021, bonds value

Transaction gain = $62 million - $46 million

Transaction gain = $16 million

5 0
3 years ago
Fred promises barney $25,000 to not open his proposed business in the same city. they sign a contract stating that fred promises
Vlad1618 [11]
Fred will either have to pay more than he proposed or Barney would be able to open his business in the same city
7 0
3 years ago
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