Long-term assets are the focus of corporate planning.
The process by which corporations develop strategies for accomplishing goals and meeting goals is known as corporate planning. It entails the definition of the strategy, the direction of the strategy, decision-making, and resource allocation. A corporate plan is similar to a strategic plan, but the difference is that a corporate plan directs a more complex company with multiple business units or subsidiaries. "Corporate planning includes the setting of objectives, organizing the work, people, and systems to enable those objectives to be achieved, motivating through the planning process and through the plans, measuring performance and so controlling progress of the plans, and developing people through better decision-making. It explains the direction the business as a whole is going and provides a road map to get there.
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There are two related questions for this problem. Check the attached file for the answers.
Answer:
It is more likely to be the balance sheet of a property and casualty insurance company.
Explanation:
Answer:
C=$53000
Explanation:
using the direct method of cash flow
Cash flow from operating Activities
opening stock Assumed = Nil
Cost of goods sold = 54000
Add: Stock increased by = 2000
Total Purchases (54+2) = 56000
Closing Paybles Increase by = (3000)
Cash Payments = opening + Purchases-closing payables
Cash Payments = Nil+56000-3000 = 56000
Answer:
d. margin of safety
Explanation:
The margin of safety is the difference between the recorded sales and break-even sales. It is used to indicate the level by which sales can decrease before a project becomes unprofitable. The formula for calculating the margin of safety is actual sales minus break-even point divided by the actual sales.
The margin of safety is also referred to as a safety margin. It can be calculated either in units or dollar value. Managers and investors set the size of the margin of safety, depending on their preference and type of investment.
