Answer:
The correct answer is letter "C": distinctive; specific.
Explanation:
A company's vision refers to the image the organization wants to portrait in the long run. The vision reflects how the firm expects its future to be. It is the ideal expectation of what the entity expects to happen.
<em>Well-conceived visions are specific, realistic but ambitious and its function is to guide and motivate employees so they can continue with their work. Besides, visions must be distinctive so other entities will not have the same organizational guidelines.</em>
Answer and Explanation:
a. The computation of the weighted average number of shares is shown in the attachment below:
b. Now the earning per share i.e EPS
= (Net Income - Preferred Dividend) ÷ (Weighted average number of shares
)
= ($9,850,000 - $10,000) ÷ (8,720,000 shares)
= $1.13
The preference dividend is
= (2,000 × $100 × 5%)
= $10,000
Smashburger Restaurant Concept is under the stage of GROWTH in product life cycle. They already have 370 corporate and franchise outlet all over the world which operates in 9 different countries. It is the stage wherein they are still expanding and the income is still growing.
