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3 years ago

What is the difference between organisational goals and objectives?

Business

1 answer:

Artyom0805 [142]3 years ago

3 0

Answer:

goals is when you reach your dreams and objectives is the plan that you need to do

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A machine originally had an estimated useful life of 6 years, but after 4 complete years, it was decided that the original estim

lianna [129]

Answer:

d. 6 years

Explanation:

Depreciation is the loss of value of an asset over a period of time. The asset has a useful life period after which it is referred to as scrap.

The value of the asset after it's useful life is called the salvage value.

Useful life of an asset is estimated and deductions in its value are made till the useful life is exhausted.

In this scenario the useful life was initially taken to be 6 years.

After 4 years it was realised a mistake wasade and useful life is supposed to be 10 years

Since useful life of the asset remains contstant, the remaining years of useful life is the real estimate of useful life less years already used.

Remaining useful life = 10 - 4 = 6 years

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3 years ago

Find the missing data. CINNAMON AND SPICE, INC. Income Statement For the Year Ended December 31, Year 3 Revenues Sales Revenue $

sveta [45]

Answer:

Total revenues are $3,810,200, other selling and administrative expenses are $1,051,500, and net income is $364,600.

Explanation:

The sum of both revenues will be the total revenue.

Revenues Sales Revenue $ 3,000,000

Service Revenue <u> 810,200 </u>

Total Revenues 3,810,200

From the total expenses, we subtract all the know expenses to get S&A expenses:

Total Expenses 3,445,600

Expenses Salaries and Wages Expense (1,314,900)

Advertising and Promotion Expenses (482,200)

Interest Expense (225,600)

Other Expenses (253,700)

Income Tax Expense <u> (117,700) </u>

Other Selling and Administrative 1,051,500

Net income will be total revenues less total expenses:

3,810,200 - 3,445,600 = 364,600

6 0

3 years ago

Standard costs are used in companies for a variety of reasons. Which of the following is not one of the benefits of using standa

uranmaximum [27]

Answer:

c. used to indicate where changes in technology and machinery need to be made

Explanation:

Standard Costs are established through past experiences and hence they can be used to control costs, and plan production schedules.

Changes in technology and machinery need to be made is part of perfomance management with a future outlook.

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3 years ago

Read 2 more answers

What everyday example can you find that is similar to the initial process of obtaining stock borrow when trying to short sell an

IceJOKER [234]

In short selling, trader first sells the shares at higher price and when the share price comes down

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3 years ago

A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually. If the cu

Illusion [34]

Answer:

$ 201

Explanation:

Thinking process:

The par value = $ 1 000

time = $ 10 years

rate = 8 %

= 0.08

The amount at a time T is given by the formula:

$A = P (1 + \frac{r}{n})^{nt}$

for $ 1 000, the amount will be:

$A = 1000(1 + \frac{0.08}{10})0.08^{10}\\ = 1000(1+0.008)^{0.8} \\ = 1 000(1.00639)\\ = 1 006$

The amount will be $ 1 006

for $ 8 00 it will be = $800 (1 + \frac{0.8}{10} )^{0.08*10} \\= 805$

the amount will be $ 805

therefore, the net gain will be $ 1 006 - $ 805

= $ 201

7 0

3 years ago

What is the difference between organisational goals and objectives?​

What is the difference between organisational goals and objectives?