Answer:
B. A strategic action because such a large plant expansion will require a major commitment of resources.
Explanation:
There are two major forms of action in business decision making: strategic and tactical. Strategic action deals with decision that require major planning and investment of resource. Strategic actions have long term implementation and effect and are difficult to reverse.
Tactical actions, on the other hand, are flexible and involves actions taken on short term basis. Tactical actions are majorly bye-product of strategic decision.
On this note, Circus Aircraft`s decision to double its plant capacity over the next two years is a strategic action because such a large plant expansion will require a major commitment of resources. And the action will not easily reversible.
Other options in the question are not totally right.
Answer:
The equivalent units for conversion costs= 6,912 units
Explanation:
<em>The weighted average method of valuation would be used to determine the the equivalent units for conversion costs</em>
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent unit = Degree of completion × Units of inventory
<em>Items units Equivalent unit</em>
Completed unit 3,300 3,300× 100 = 3.300
Closing work in progress 4,300 4,300× 84%= <u>3,612
</u>
Total equivalent units <u>6,912
</u>
The equivalent units for conversion costs= 6,912 units
Answer:
1,390,718 shares
Explanation:
Amount to be raise = $72 million
Underwriters charges = 5%
Filling Fee = $700,000
After deducting the underwriters charges the amount remains 95% of the total value. The company needs to raise exact $72 million after all charges deducted so, will take this amount as 95% of the total and gross up this value to 100%.
Total Amount to be raised = Amount including the underwrites charge + Filling charge = ( $72,000,000 / 100% - 5% ) + $700,000 = $76,489,474
Share price = $55
Numbers of share = $76,489,474 / $55 = 1,390,718 shares
Answer:
D. $55,000
Explanation:
Sales = 250,000
Gross Profit = 250,000 x 40% = 100,000
Cost of goods sold = 250,000 - 100,000 = 150,000
Cost of good sold = Opening Inventory + Purchases - Closing Inventory
150,000 = 35,000 + 200,000 - Closing Inventory
150,000 = 235,000 - Closing Inventory
Closing Inventory = 235,000 - 150,000
Closing Inventory = 85,000
Inventory damaged by flood = 85,000 - 30,000 = 55,000
Answer: The answer is provided below
Explanation:
An intern is a student or a trainee who works, sometimes without getting paid, so as too gain work experience or satisfy the requirements for a qualification.
Internship comes into legal agreement by signing an internship agreement. Such agreement is signed by the organization and the intern. The violation of intern contract is enforceable by law.
Companies usually have committee that evaluate issues that may disturb the employees or interns at their workplace. In a situation whereby the intern feels an issue cannot be resolved within the organization, the intern can go for lawsuits.
Company's actions such as discrimination at work, sexual harrasment are example of cases that may justify am intern going to the court. Even though many states have passed laws to protect interns in organizations, an intern can still file lawsuits in cases of severe misconducts.
