1. identify decision
2. gather information
3. identify alternatives
4. weigh the evidence
5. choose among alternatives
6. take action
7. review your decision
Answer: $321,020
Explanation:
The cash flow is expected to grow at a rate of 8%.
This means that in the next year it will be 8% higher than the $297,241 it is in the current period.
= 297,241 * ( 1 + rate)
= 297,241 * ( 1 + 8%)
= $321,020
The effect on accounting equation is that total liabilities would decrease and stockholder's equity would increase.
<h3>What is the accounting equation?</h3>
The accounting equation also known as the balance sheet equation relates the assets of a business to its liabilities and stockholders' equity. According to the accounting equation: Stockholders' equity = Assets - liabilities.
When a liability reduces, stockholder's equity increases. Also, when assets increases, stockholder's equity increases.
To learn more about stockholder’s equity, please check: brainly.com/question/26210654
The firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or skills demanded.
Firms that adopt the Cost leadership strategy does so to earn higher returns and competitive advantages through of offering of products at lowest prices in the market.
The core competencies in manufacturing and logistics includes pro-activeness, ability to handle documents properly, strategic thinking, forward thinking, logical decision-making, networking abilities etc
However, the firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or skills demanded.
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