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S_A_V [24]
2 years ago
11

Over time, 3M has relied on the results-only-work-environment (ROWE) framework and has morphed into a highly science-driven inno

vation company. At 3M, employees are encouraged to spend 15 percent of their time on projects of their own choosing. If any of these projects look promising, 3M provides financing through an internal venture-capital fund and other resources to further develop their commercial potential. This real-world scenario best illustrates
Business
1 answer:
katrin [286]2 years ago
6 0

Answer: output controls.

Explanation:

The real-world scenario best illustrates output controls. Output control refers to the technique that is used in analysing the output that is provided by a firm.

Output control focuses on the measurable results that are within an organization. Since the company encourages its employees to spend 15 percent of their time on projects of their own choosing and the ones who looks promising are financed to develop their commercial potential, this refers to output controls.

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The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable
Ilya [14]

Answer:

a. $337,000

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased

Let plug in the formula

Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000

Cash provided by Operating activities=$337,000

Therefore the cash provided by operating activities was $337,000

3 0
2 years ago
Which best explains the main purpose of short-term planning?
Zolol [24]

Answer:

A

Explanation:

because Short-term planning takes care of regular expenses in the near future

8 0
2 years ago
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A financial adviser has just given you the following​ advice: "Long-term bonds are a great investment because their interest rat
Nikolay [14]

Answer:

No

Explanation:

Long term bonds might not be great investments if the interest rate fall  or even slide into negative value in the future. This means that the bond will become insignificant in value.  

Cheers

3 0
3 years ago
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Xyx Motors pays Nick $1,567.46 in dividends every year. If the dividend on one share of Xyx Motors is $4.33, how many shares doe
notsponge [240]

Answer:

Option C 362 Number of shares

Explanation:

The number of shares can be calculated by using the following formula:

Number of shares = Total Dividends paid / Dividend per share

As we know that:

The total dividends = $1567.46

And the dividend per share = $4.33

By putting the values in the above equation we have:

Number of shares = $1567.46 / $4.33 = 362 Number of shares

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3 years ago
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A net worth statement, financial goals, and a budget are all part of a _____.
Gemiola [76]
A net worth statement, financial goals, and a budget are all part of a financial plan.
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