All categories

2 years ago

The administrative model was developed to explain

1 answer:

8 0

The administrative model was developed to help decision making of managers and attain the optimal result. This is in consideration that people have different levels of understanding in handling administrative situations. In an administrative model, when a decision becomes a solution, it then becomes a standard operating procedure (SOP). It is collected and used as a solution to future problems that the company would face.
SOP is integrated into the management as rules or procedures to help the company.

You might be interested in

Tronnes Corporation's net income last year was $1,750,000. The dividend on common stock was $2.60 per share and the dividend on

Montano1993 [528]

Answer:

The price-earnings ratio is closest to:

B. 11.54

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $1,750,000 - (100,000*2,5= $250,000) = $1,500,000

Then we calculte the Earning/Share Ratio : $1,500,000/300,000 = 5

Finally with the Market Price of shares, we can calculate the Price Earnings Ratio ; $57,70 / $5 = 11,54

Shares of Common stock outstanding 300.000 780.000

Shares of Preferred stock outstanding 100.000 250.000

NET INCOME Available 1.500.000

The market price 57,70

Price–Earnings Ratio 11,54

Earnings/Share Ratio 5,00

NET INCOME $ 1.750.000

4 0

3 years ago

What would be the net effect of the government increasing the taxes by $10 billion at the same time that it decreased spending b

vazorg [7]

Answer:

Explanation:

4 0

2 years ago

Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of u

AVprozaik [17]

Answer:

Option (b) is correct.

Explanation:

Given that,

Total Overhead Cost = $477,000

Number of Units of Product XY = 72,000

Number of Units of Product M = 108,000

Total overhead allocated to Product XY using the current system:

= (Total Overhead Cost ÷ Number of units produced in total) × Number of Units of Product XY

= ($477,000 ÷ 180,000) × 72,000

= $2.65 × 72,000

= $190,800

5 0

3 years ago

Target Profit Beard Company sells a product for $15 per unit. The variable cost is 10 per unit, and fixed costs are 1,750,000. D

lakkis [162]

Answer:

a. Break-even point in sales units = 350,000 units

b. Break- even point in sales units to achieve a target profit of $400,000 = 430,000 units

Explanation:

a. Break-even point in sales units = Fixed cost ÷ Contribution margin per unit

= $1,750,000 ÷ $5

= 350,000 units

Working note:- Contribution margin = $15 - $10 = $5

b. Break- even point in sales units to achieve a target profit of $400,000 = fixed cost + Targeted profit ÷ Contribution margin per unit

= $1,750,000 + $400,000 ÷ $5

= $2,150,000 ÷ $5

= 430,000 units

8 0

3 years ago

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabil

BARSIC [14]

Answer:

center of gravity.

Explanation:

The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's center of gravity.

Generally, the center of gravity of a company is usually the point at which it started business. The center of gravity of a company defines its strengths, success, achievement and dominant operations.

For any successful business, there is always a center of gravity. This is the point or stage where all of the strategic decisions, greatest expertise, risks management and capabilities lie.

<em>Hence, should there be an error, disagreement or disarray at the center of gravity, then the company is headed for losses and bankruptcy. </em>

8 0

3 years ago