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gizmo_the_mogwai [7]
3 years ago
12

Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternat

ive courses of action to be taken if events undercut a strategic or tactical plan. These are called _____ plans.
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0

Answer:

contingency.

Explanation:

Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternative courses of action to be taken if events undercut a strategic or tactical plan. These are called contingency plans.

A contingency plan can be defined as a set of alternative plans that are designed and developed by an organization for continuous operation of the business in case of an emergency or when there is a failure in the primary (core) plan.

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A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require
zalisa [80]

Answer:

$46.31

Explanation:

Calculation to determine the current share price

Using this formula

Current share price=6.5*Present value of annuity factor(9.1%,12)

Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate

Let plug in the formula

Current share price=6.5*[1-(1+0.091)^-12]/0.091

Current share price=6.5*[1-(1.091)^-12]/0.091

Current share price=6.5*7.124793

Current share price=$46.31

Therefore the current share price will be $46.31

6 0
3 years ago
Which trait do MOST employers look for when hiring new employees?
LenKa [72]

Answer: Punctuality

Explanation:

4 0
3 years ago
Esquire Comic Book Company had income before tax of $1,550,000 in 2021 before considering the following material items: 1. Esqui
olga2289 [7]

Answer:

                   Esquire Comic Book Company

                                Income Statement

                For the Year Ended December 31, 2021

Operating income                                                 $1,550,000

Restructuring costs                                                 ($60,000)

Income from continuing operations b/ Taxes     $1,490,000

<u>Income tax expense                                              ($372,500)</u>

Income from continuing operations                                        $1,117,500

Discontinued operations:

  • Operating income                                          $610,000
  • Loss on disposal                                          ($395,000)
  • <u>Income tax on discontinued operations       ($53,750)</u>

Income from discontinued operations                                     $161,250

<u>Net income                                                                             $1,278,750</u>

Explanation:

Income from discontinued operations must be reported separately, but any restructuring costs must be included as operational expenses.

3 0
3 years ago
During Year 5, Tedd Co. became involved in a tax dispute with the IRS. At December 31, Year 5, Tedd's tax advisor believed that
kkurt [141]

Answer:

$400,000

Explanation:

Since at December 31, Year 5, Tedd's tax advisor believed that an unfavorable outcome was <u>probable</u>. And a <u>reasonable estimate </u>of additional taxes was $400,000 but could be as much as $600,000.

Although after the Year 5 financial statements were issued, Tedd received and accepted an IRS settlement offer of $450,000.

Tedd should have included an amount of $400,000 as accrued liability in its December 31, Year 5 balance sheet

The reason is that according to the International Financial Reporting Standards, a PROVISION must be made as long as the conditions below were obtainable at year end.

- Existing Condition (which in this case is the tax dispute with the IRS)

- Probable Cash Outflow (which Tedd's Tax adviser confirmed)

- Reliable Estimate of Outflow ( which the scenario stated ''A reasonable estimate of additional taxes was $400,000'')

Hence, such 'reasonable estimate is the appropriate amount for inclusion in the financial statements.

5 0
3 years ago
Check my work Check My Work button is now enabledItem 10Item 10 10 points Time Remaining 22 minutes 18 seconds00:22:18 You manag
gladu [14]

Answer:

1) 18.4%

2) 27.20%

Explanation:

Solution

To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,

   T-bill rate + risk premium = 6.4% + 12% = 18.4%

Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%

5 0
3 years ago
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