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Norma-Jean [14]
3 years ago
12

Don kosec, vp of business services for time warner cable in northeast ohio says that their goal is to increase their sales in th

e northeast ohio by 25% a year for the next five years. is this a "good" goal?
a. no, it is not attainable

b. no, it is not measurable

c. no, it is not specific

d. no, it is not time-based

e. of course it is a good goal; it meets all of the criteria discussed
Business
1 answer:
Alex3 years ago
5 0

e. of course it is a good goal; it meets all of the criteria discussed

This goal meets all the criteria for a SMART goal.

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If you want to compare two different investments what should you calculate
Citrus2011 [14]
Their Gross profit mark-up and margin.


I hope it helped you!

7 0
3 years ago
The New York Stock Exchange (NYSE) originated as: a financial market where nearly 100 million shares of stock are traded every b
ivanzaharov [21]

Answer:

The answer is: A) A financial market, where nearly 100 million shares of stocks are traded every business day.

Explanation:

The NYSE was founded on May 17, 1792 by twenty four stockbrockers on Wall Street, New York City.

The NYSE is the largest stock exchange in the world, listing over 9.3 million stocks and securities every day.

Once a company registers with the NYSE, their stock become available for public trading. Both physical (a trader doing his job) and digital (remotely by computer) trades can take place.

It also provides several market indexes:

  • the Dow Jones Industrial Average,
  • the S&P 500,
  • the NYSE Composite,
  • NYSE US 100 Index,
  • the NASDAQ Composite
  • and others.

4 0
3 years ago
A company currently pays a dividend of $2.40 per share. The current price of the stock is $18.22. It expects the growth rate of
bogdanovich [222]

Answer:

The required rate of return is 16%

Explanation:

The constant growth model of the DDM is used whenever the dividends are expected to grow at a constant rate in the future forever. The formula for the constant growth model to calculate the price of the share today is,

P0 = D1 / r-g

Where D1 is dividend next year or D0 *(1+g)

r is the required rate of return

g is the growth rate in dividends

Plugging in the available variables, we can calculate the required rate of return (r).

18.22 = 2.4 * (1+0.025) / r - 0.025

18.22 * (r-0.025) = 2.46

18.22r - 0.4555 = 2.46

18.22r = 2.46 + 0.4555

r = 2.9155 / 18.22

r = 0.1600 or 16.00%

5 0
3 years ago
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni
Bond [772]

Answer:

1. Material Variances

Material Price Variance = $3,000 F

Material Quantity Variance = $4,000 U

2. Labor Variances

Labor Rate Variance = $1,425 U

Labor Efficiency Variance = $900 F

Explanation:

Provided information we have,

Direct Materials

Standard Quantity = 4.6 pounds

Standard Rate = $2.50 per pound

Direct Labor

Standard Hours = 0.2 hour per unit

Standard Rate = $18 per hour

Actual Materials

Actual Quantity = 20,000 pounds

Actual Rate = $2.35 per pound

Actual Labor

Labor Hours = 750 hours

Labor Cost = $14,925

Labor rate = \frac{14,925}{750} = $19.9 per hour

Actual Units produced = 4,000

1. Material Variances

Material\ Price\ Variance = (Standard\ Price - Actual\ Price) \times Actual\ Units

= ($2.50 - $2.35) \times 20,000 pounds

= $3,000

As the actual rate is less than standard rate the variance is favorable.

Material\:Quantity\ Variance = (Standard\ Quantity - Actual\ Quantity) \times Standard\ Rate

Standard Quantity = 4,000 \times 4.6 = 18,400 pounds

Material Quantity Variance = (18,400 - 20,000) \times $2.50

= - $4,000

As the actual raw material quantity used is higher than standard raw material quantity the variance is unfavorable.

2. Labor Variances

Labor\ Rate\ Variance = (Standard\ Rate - Actual\ Rate) \times Actual\ Hours

= ($18 - $19.9) \times 750 = - $1,425

As actual rate is higher than standard rate thus the variance is unfavorable.

Labor\ Efficiency\ Variance = (Standard\ Hours - Actual\ Hours) \times Standard\ Rate

Standard Hours = 4,000 \times 0.2 = 800

Labor Efficiency Variance = (800 - 750) \times $18

= $900

As the Standard Hours is more than Actual Hours the variance is favorable.

1. Material Variances

Material Price Variance = $3,000 F

Material Quantity Variance = $4,000 U

2. Labor Variances

Labor Rate Variance = $1,425 U

Labor Efficiency Variance = $900 F

6 0
3 years ago
"You've been specially selected to win our grand prize. Contact us to collect it!" This is an example of a _____.
Setler79 [48]
The pitch....for a sales and marketing item or scam.
5 0
2 years ago
Read 2 more answers
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