The first three steps in the strategic management process are part of the strategy formulation phase. These include analysis, strategy formulation, and goal setting. The final two steps in strategic management constitute implementation.
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Answer:
Total estimated bad debts = $9,400
Explanation:
days outstanding A/c Receivable % estimate
0-30 $77,000 1 $770
31-60 $46,000 4 $1,840
61-90 $39,000 5 $1,950
91-120 $23,000 8 $1,840
over 120 $15,000 20 $3,000
Total 200,000 $9,400
Answer:
B. False. It's called trade payables.
Explanation:
