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3 years ago

What is the rule for organizing the work effort to support good strategy execution?

Business

1 answer:

Mrac [35]3 years ago

8 0

Answer:

A. Match the firm's organizational structure to its unique strategy.

Explanation:

The precept for organizing the work effort to sustain good strategy accomplishment is that <u>match the firm's organizational structure to its unique strategy</u>. A firm's organizational structure is constituted of the formal as well as an informal arrangement of responsibilities, tasks, lines of power, as well as reporting connections by which the firm is managed. Except for the above-elaborated statement, all the statements which are given are not up to the mark.

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All parties need to communicate about strategy and schedule. which communication channel is most likely to meet their needs? mul

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The most suitable strategy for all parties to communicate is by using a videoconference in which allows all of the people to have a meeting and to be able to see each of the people involved in a meeting. Using a conference call may also be useful but the lacking of it is that you may not be able to see the people you're talking to. Other choices aren't suitable as this will not allow you to talk to everyone all in the same time.

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4 years ago

The owner of a used car dealership and his business had been under investigation by the IRS for several months because of suspec

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Answer:

The best argument for admitting the statement is that: the statement was volunteered by the car dealer.

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3 years ago

You decide to open a savings account, and you notice a sign in your bank that indicates deposits are fdic insured. what protecti

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4 years ago

Read 2 more answers

Average Rate of Return Lakeland Company is considering the purchase of equipment for $175,000. The equipment will expand the Com

Andrei [34K]

Answer:

The Average rate of return on investment is 5%

Explanation:

Solution

Given that:

Increase in revenue =$ 40,000.00

Increase in expenses $ 29,500.00

Pretax income from investment = $ 10,500.00

Income tax expense=$ 2,625.00

Net income from investment =$ 7,875.00

Now,

The Average rate of return on investment = ( Net income from investment / Initial Investment ) * 100

= ( $7875 / $ 1,75,000 ) * 100

= 4.5 %

= 5 % ( Rounded off to nearest whole number)

Thus, Average rate of return on investment is 5%

Working Note:

The Increase in expenses is calculated as follows:

The Increase in expenses = Annual cash operating expenses + Depreciation

= $ 12,000 + $ 17,500

= $ 29,500

Thus,

The Depreciation is computed by applying the Straight-line method as follows:

The Depreciation = ( Purchase cost - Salvage value ) / useful life

= ( $ 1,75,000 - 0) / 10

= $ 17,500 per year

Thus,

The Depreciation is non -cash expenditure hence it is considered while determining the profitability of company.

The Calculation of Income tax expense as follows:

The Income expense tax = Pretax income from investment * Income tax rate

= $ 10,500 * 25%

= $ 2,625

8 0

4 years ago

During its first year of operations, Mack’s Plumbing Supply Co. had sales of $650,000, wrote off $10,400 of accounts as uncollec

White raven [17]

Answer:

If the allowance method had been used, net income would have been $81,900.
With 1.75% of sales, if the write-off above had been recorded against the allowance account, it would have been in debit, so the bad debt expense would be $10,400 + $11,375 = $21,775. Otherwise, bad debt expense would be $11,375. The required journals would be a debit to bad debt expense and credit to allowance for doubtful accounts.

Explanation:

The following journals would have been recorded for write-off of the accounts receivables:

Debit Bad debt expense $10,400

Credit Accounts receivable $10,400

<em>(To write-off accounts receivable)</em>

This journal would have negatively affected the net income by reducing it. If it was recorded against the allowance for doubtful accounts, net income would have increased by $10,400 ($71,500 + $10,400).

1.75% of sales is $11,375; so, if the write-off above had been recorded against the allowance account, it would have been in debit, so the bad debt expense would be $10,400 + $11,375 = $21,775. Otherwise, bad debt expense would be $11,375. The required journals would be a debit to bad debt expense and credit to allowance for doubtful accounts.

8 0

3 years ago