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3 years ago

Which best describes the future growth potential of the Marketing, Sales, and Service career cluster?

Business

2 answers:

mafiozo [28]3 years ago

8 0

Answer:

I think the answer is C

Explanation

Eva8 [605]3 years ago

7 0

<h2>Answer</h2>

Growth is expected to grow much more quickly than average.

<h3>Explanation</h3>

Marketing, Sales and Service Career Cluster will find their importance growing heavily in the near future. These fields are part of tertiary industry and the industry is witnessing highest percentage of growth compared to other two industries. This is also because, businesses in this globally advancing world need these fields in order to sustain and grow.

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i'm doing a speech about why people give up and why they shouldnt give up what should my attention getter and my main points be?

stiv31 [10]

•Succese
•Failur
•Fear
•greatness
•Proudness
•Lifestsly
Those are a few main points you can pick from I'm not go at attention grabbers sorry
Hope this helps have a nice day (if u want me to go into more detail don't be afraid to pm me)

4 0

3 years ago

Managers who establish effective goals can enhance the performance of their employees and of their company. The manager in the s

Marianna [84]

Answer: See explanation

Explanation:

a. Carlos’ goal is to reduce average loan processing by fifteen percent within the next 6 months. - Reviewed goal.

Reviewed goals has to do with the goals set by an individual when the individual takes into consideration the previously set goals and he or she reviews them. This is used by Carlos as he takes into consideration his previous average loan processing.

b. Michelle is a salesperson. Her goal is to increase the number of sales calls made to potential customers. - Relevant goal.

Relevant goal simply means that the goal must be realistic and also reasonable. In this scenario, Michelle wants to increase the number of calls regarding sales made to customers. This is reasonable.

c. Sam has been reviewing customer accounts at a rate of two per day. His goal is to double that rate. That is possible, but he’ll have to work hard and be creative to reach this goal. - Achievable goals.

Achievable goal simply means a goal that it's possible for an individual to achieve and it's attainable.

d. Chen has been given a project, and his manager clearly communicated the quantity and quality expectations to him. - Specific goals

A specific goal is a goal that is well defined and also clear. This can be seen in the above example.

e. Elizabeth has just been given a project which needs to be completed within 6 weeks. - Time frame goal.

Time frame goal is a goal that has a deadline and is expected to be finished within a set date. In this scenario, Elizabeth has six weeks to complete the said project.

f. Kelly is most excited about adopting goals because it means she’ll finally have a clear measure of how well she is doing. - Measurable goal.

A measurable goal is a goal that one tracks his or her progress as one continues the project. Kelly has a clear measure of how well she's doing. This is a measurable goal.

5 0

3 years ago

Economic activities whose location does not rely on factors such as the location of raw materials, transportation costs, and lar

algol13

Answer:

The correct answer is: Footloose Activities.

Explanation:

Footloose Activities are those that do not change in costs regardless of the location where they are performed. In the corporate world, Footloose Industries are usually those that have almost fixed manufacturing costs anywhere around the world and include computer chips production, for instance.

6 0

3 years ago

Dickinson Company has $11,880,000 million in assets. Currently half of these assets are financed with long-term debt at 9.4 perc

Ronch [10]

Answer:

Dickinson Company

a) Effect of each plan on earnings per share:

Current Plan Plan D Plan E

Earnings per share $0.45 $0.36 $0.45

b-1) Earnings per share $0 $0 $0.14

b-2. Plan E would be most favorable if return on assets fell to 4.70%.

b-3 Earnings per share $0.93 $0.70 $0.76

b-4 Current Plan would be most favorable if return on assets increased to 14.4%.

c-1 Earnings per share $0.45 $0.36 $0.45

c-2 If the market price for common stock rose to $12 before the restructuring, Plan E would then be most attractive to the company as it would get additional paid-in capital of $1,485,000 ($4 * 371,250).

Explanation:

a) Data and Calculations:

Return on assets before interest and taxes = 9.4%

Tax rate = 40%

Current Plan Plan D Plan E

Assets $11,880,000 $11,880,000 $11,800,000

Long-term debt 5,940,000 5,940,000 2,970,000

New debt 2,970,000

Total debt 8,910,000

Common stock 5,940,000 5,940,000 8,910,000

Less repurchased shares (2,970,000)

New common stock 2,970,000

Interest rate of old debt 9.4% 9.4% 9.4%

Interest rate for new debt 11.4%

Stock par value $8 $8 $8

Return on assets before

interest and taxes $1,116,720 $1,116,720 $1,116,720

Interest expense 558,360 896,940 298,180

Return before taxes $558,360 $219,780 $837,540

Tax rate = 40% 223,344 87,912 335,016

Return after taxes $335,016 $131,868 $502,524

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0.45 $0.36 $0.45

Return on assets falling to 4.70%

Return on assets before

interest and taxes $558,360 $558,360 $558,360

Interest expense 558,360 896,940 298,180

Return before taxes $0 -$338,580 $260,180

Tax rate = 40% 0 0 104,072

Return after taxes $0 $0 $156,108

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0 $0 $0.14

Return on assets increasing to 14.4%:

Return on assets before

interest and taxes $1,710,720 $1,710,720 $1,710,720

Interest expense 558,360 896,940 298,180

Return before taxes $1,152,360 $431,380 $1,412,540

Tax rate = 40% 460,944 172,552 565,016

Return after taxes $691,416 $258,828 $847,524

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0.93 $0.70 $0.76

Market price for common stock rose to $12 before restructuring:

Return on assets before

interest and taxes $1,116,720 $1,116,720 $1,116,720

Interest expense 558,360 896,940 298,180

Return before taxes $558,360 $219,780 $837,540

Tax rate = 40% 223,344 87,912 335,016

Return after taxes $335,016 $131,868 $502,524

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0.45 $0.36 $0.45

6 0

3 years ago

Plum Corporation began the month of May with $1,400,000 of current assets, a current ratio of 1.90:1, and an acid-test ratio of

matrenka [14]

Answer:

Plum Corporation

(1) current ratio = Current assets/current liabilities

(2) acid-test ratio = (Current asset -Inventory)/Current liabilities

(3) working capital = Current assets minus Current liabilities

(4) acid-test assets = quick assets

May 2 Purchased $75,000 of merchandise inventory on credit.

Current Assets: $1,400,000 + $75,000 = $1,475,000

Current Liabilities: $737,000 + $75,000 = $812,000

Inventory: $147,000 +$75,000 = $222,000

(1) current ratio = $1,475,000/$812,000

= 1.82:1

(2) acid-test ratio = $1,475,000 - $222,000/$812,000

= 1.54:1

(3) working capital = Current Assets - Current Liabilities

= $1,475,000 - $812,000

= $663,000

May 8 Sold merchandise inventory that cost $55,000 for $150,000 cash.

Current Assets: $1,475,000 -55,000 + 150,000 = $1,570,000

Current Liabilities: $812,000

Inventory: $222,000 - 55,000 = $167,000

Quick Assets = $1,570,000 - 167,000 = $1,403,000

(1) current ratio = $1,570,000/$812,000

= 1.93

(2) acid-test ratio = $1,403,000/$812,000

= 1.73

(3) working capital = $1,570,000 - $812,000

= $758,000

May 10 Collected $26,000 cash on an account receivable.

Current Assets: $1,570,000 ($26,000 - $26,000) = $1,570,000

Current Liabilities: $812,000

Inventory: 167,000

Quick Assets = $1,570,000 - 167,000 = $1,403,000

(1) current ratio = $1,570,000/$812,000

= 1.93

(2) acid-test ratio = $1,403,000/$812,000

= 1.73

(3) working capital = $1,570,000 - $812,000

= $758,000

May 15 Paid $29,500 cash to settle an account payable.

Current Assets: $1,570,000 - $29,500 = $1,540,500

Current Liabilities: $812,000 - $29,500 = $782,500

Inventory: 167,000

Quick Assets = $1,540,500 - 167,000 = $1,373,500

(1) current ratio = $1,540,500/$782,500

= 1.97:1

(2) acid-test ratio = $1,373,500/$782,500

= 1.76:1

(3) working capital = $1,540,500 - $782,500

= $758,000

May 17 Wrote off a $5,000 bad debt against the Allowance for Doubtful Accounts account.

Current Assets: $1,540,500 - $5,000 = $1,535,500

Current Liabilities: $782,500

Inventory: 167,000

Quick Assets = $1,535,500 - 167,000 = $1,368,500

(1) current ratio = $1,535,500/$782,500

= 1.96:1

(2) acid-test ratio = $1,535,500/$782,500

= $1.96:1

(3) working capital = $1,535,500 - $782,500

=$753,000

May 22 Declared a $1 per share cash dividend on its 69,000 shares of outstanding common stock.

Current Assets: $1,535,500

Current Liabilities: $782,500

Inventory: 167,000

Quick Assets = $1,535,500 - 167,000 = $1,368,500

(1) current ratio = $1,535,500/$782,500

= 1.96:1

(2) acid-test ratio = $1,535,500/$782,500

= $1.96:1

(3) working capital = $1,535,500 - $782,500

=$753,000

May 26 Paid the dividend declared on May 22.

Current Assets: $1,535,500 -$69,000 = $1,466,500

Current Liabilities: $782,500

Inventory: 167,000

Quick Assets = $1,466,500 - 167,000 = $1,299,500

(1) current ratio = $1,466,500/$782,500

= 1.87:1

(2) acid-test ratio = $1,299,500/$782,500

= 1.66:1

(3) working capital = $1,466,500 - $782,500

= $684,000

May 27 Borrowed $120,000 cash by giving the bank a 30-day, 10% note.

Current Assets: $1,466,500 + $120,000 = $1,586,500

Current Liabilities: $782,500 + $120,000 = $902,500

Inventory: 167,000

Quick Assets = $1,586,500 - 167,000 = $1,419,500

(1) current ratio = $1,586,500/$902,500

= 1.76

(2) acid-test ratio = $1,419,500/$902,500

= 1.57

(3) working capital = $1,586,500 - $902,500

= $684,000

May 28 Borrowed $135,000 cash by signing a long-term secured note.

Current Assets: $1,586,500 + $135,000= $1,721,500

Current Liabilities: $902,500

Inventory: 167,000

Quick Assets = $1,721,500 - 167,000 = $1,554,500

(1) current ratio = $1,721,500/$902,500

= 1.91:1

(2) acid-test ratio = $1,554,500/$902,500

= 1.72

(3) working capital = $1,721,500 - $902,500

= $819,000

May 29 Used the $255,000 cash proceeds from the notes to buy new machinery.

Current Assets: $1,721,500 - $255,000 = $1,466,500

Current Liabilities: $902,500

Inventory: 167,000

Quick Assets = $1,466,500 - 167,000 = $1,299,500

(1) current ratio = $1,466,500/$902,500

= 1.62:1

(2) acid-test ratio = $1,299,500/$902,500

= 1.44:1

(3) working capital = $1,466,500 - $902,500

= $564,000

Explanation:

a) Data and Calculations:

May 1, Current Assets = $1,400,000

Ratio of current assets to current liabilities = 1.90:1

Acid -test ratio = 1.70:1

Therefore, current liabilities = $1,400,000/1.9 = $737,000

Current Assets minus Inventory/$737,000 = 1.7

Therefore, current assets minus inventory = $737,000 * 1.7 = 1,253,000

Inventory = Current Assets - (Current assets -inventory)

= $1,400,000 - $1,253,000

= $147,000

3 0

3 years ago

Read 2 more answers