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3 years ago

Which of the following is an example of a strategic action?

Business

1 answer:

Pavlova-9 [17]3 years ago

8 0

Answer:

Option D. Entry into the European market by Home Depot.

Explanation:

The reason is that the strategic actions are long term actions and are market based moves which bounds the organizational resources for implementation and are also very difficult to reverse.

So here use of coupons, fare increases and two for one offers are easily reversible, requires fewer organizations resources for implementation and short term decisions which means these are tactical actions.

Whereas the decision to enter european market by Home Depot is long term decision, bounds organization resources for implementation and is very difficult to implement or reverse the actions once taken, so it is strategical action of Home Depot.

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An account that will have a zero balance after closing entries have been journalized and posted is

nataly862011 [7]

Answer:

An account with a zero balance after closing entries have been journalized and posted is an account in good standing.

8 0

3 years ago

Venus Company sold goods, with a selling price of $ 14,221, for cash. The state sales tax rate is 8%. What amount is credited

Verdich [7]

Answer:

$ 14,221

Explanation:

Data provided in the question :

Selling price of the good = $ 14,221

State sales tax rate = 8 %

now,

the sales tax on the goods sold = 8% of $ 14,221

the sales tax on the goods sold = 0.08 × $ 14,221 = $ 1,137.68

therefore,

The total cash received = Selling price + sales tax on the

The total cash received = $ 14,221 + $ 1,137.68 = $ 15,358.68

now the received tax goes to the state i.e $ 1,137.68

Therefore,

the net sales revenue credited to the account

= total cash received - sales tax on the goods sold

the net sales revenue credited to the account = $ 15,358.68 - $ 1,137.68

the net sales revenue credited to the account = $ 14,221

3 0

3 years ago

The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external customers

Papessa [141]

Answer:

customer relationship process

Explanation:

customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.

8 0

2 years ago

Santos Corporation gathered the following information for the fiscal year ended December 31, 2020: Sales $1,500,000 Operating ex

kirill115 [55]

Answer:

Income from operations 380,000

Loss on sale of equipment 40,000

Pretax income 340,000

Tax at 30% 102,000

Net Income 238,000

Explanation:

1 Santos Corporation

Income statement

For the year ended December 31, 2020

Sales................................ $1,500,000

less: Cost of goods sold $960,000

Gross Profit $540,000

Less: Operating expenses 160,000

Income from operations 380,000

2 Santos Corporation

Income statement

For the year ended December 31, 2020

Income from operations 380,000

Loss on sale of equipment 40,000

Pretax income 340,000

Tax at 30% 102,000

Net Income 238,000

5 0

3 years ago

Suppose that a firm's only variable input is labor, and the constant hourly wage rate is $20 per hour. The last unit (hour)

kkurt [141]

Answer:

Explanation:

The marginal cost refers to the cost a company has when an additional unit is manufactured and it is calculated using the formula:

Marginal Cost= change in costs / change in quantity

Change in cost in this case is 20 as the last unit of labor hired costs an additional 20 per hour.

Change is quantity is 1 as the hourly production increases from 250 to 251 units.

Marginal Cost=20/1

Marginal Cost= 20

The marginal cost of the 251st unit of output was 20.

3 0

3 years ago