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sveta [45]
3 years ago
10

At the __________ level of decision making, functional managers focus on monitoring and controlling operational-level activities

and providing information to higher levels of the organization.
Business
1 answer:
rodikova [14]3 years ago
5 0

Answer:

tactical

Explanation:

To start, sustain and grow a business, it is essential to make good decisions. However, if all decisions fall to the entrepreneur, the task can be overwhelming and time is permanently short.

Tactical decisions

These are decisions that, while having an impact on the development of the business, do not compromise your future. They usually get rid of strategic decisions and, therefore, can be delegated to professionals or qualified personnel (managers, managers, area managers). Some common tactical decisions in an SME: how to organize work shifts, which suppliers to buy, who to hire, how to distribute the premises or office, with which banks to operate, what promotions to offer to customers.

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Suppose that there is a welfare program with an income guarantee of $6000 and a benefit reduction rate of 50 percent. In the abs
STatiana [176]

Answer:

Draw the person's budget constraint with the income guarantee

5 0
3 years ago
Bruno & Court is a nonprofit organization that captures stray deer bewildered within residential communities. Fixed costs ar
Nadusha1986 [10]

Answer:

3,300 deer

Explanation:

Total funds available to meet the entire cost of capturing stray deer = $48,000

This represents the total funds available as the Bruno & Court is a non profit organisation, it needs funding and as provided in the given case total funds available are $48,000 through local philanthropy.

Associated fixed cost in this activity = $15,000

Thus, maximum variable cost shall be = $48,000 - $15,000

= $33,000

Variable cost per deer = $10

Total number of deer to be captured = $33,000/$10 = 3,300 deer

4 0
4 years ago
One of the largest expense categories for most businesses is:__________A) advertisingB) research and developmentC) payrollD) pro
kiruha [24]

Answer:

C) payroll.

Explanation:

Expenses can be defined as the amount of cost that is being incurred in the generation of revenue and smooth operations or running of a business by an organization or business firm. There are basically two (2) types of expenses associated with business and these are; operating and non-operating expenses.

One of the largest expense categories for most businesses is payroll. A payroll can be defined as a comprehensive list of employees working for an organization and are eligible to receive wages, as well as the amount of money that they are entitled to receive. It constitutes about 70% of an organization's total expense or overhead.

4 0
3 years ago
Additional information: The net cash provided by operating activities for 2017 was $190,800. The cash used for capital expenditu
Studentka2010 [4]

-- missing information--

Balance Sheet

December 31, 2017

Assets  

Current assets  

 Cash                                  60,100

 Debt investments          84,000

 Accounts receivable (net)       169,800

 Inventory                         145,000

  Total current assets        458,900

Plant assets (net)         575,300

Total assets                                            1,034,200

Liabilities and Stockholders’ Equity  

Current liabilities  

 Accounts payable          160,000

 Income taxes payable    35,500

  Total current liabilities          195,500

Bonds payable                  200,000

  Total liabilities                            395,500

Stockholders’ equity  

 Common stock                  350,000

 Retained earnings           288,700

 Total stockholders’ equity  638,700

Total liabilities and stockholders’ equity  $1,034,200

Income Statement

For the Year Ended December 31, 2017

Net sales   $2,218,500

Cost of goods sold   1,012,400

Selling and administrative expenses   906,000

Interest expense   78,000

Income tax expense   69,000

Net income   $ 153,100

Answer:

<u><em>  (i) Working capital.</em></u><em>    </em> $  263,400

 <u><em> (ii) Current ratio</em></u><em>                </em> 2.35

<u><em> (iii) Free cash flow</em></u><em>.         $  </em>98,800

<em><u>  (iv) Debt to assets ratio.</u></em><em>   38.2%</em>

<u><em> (v) Earnings per share. </em></u><em>     $ </em>3.062

Explanation:

<u><em>  (i) Working capital.</em></u>

Current Assets - Current Liabilities:

458,900 - 195,500 = 263,400

 <u><em> (ii) Current ratio</em></u>

Current Assets / Current Laibilities

  458,900 / 195,500 = 2.35

<u><em> (iii) Free cash flow. </em></u>

cash from operations less cash used for capital expenditures

190,800 - 92,000 = 98,800

<em><u>  (iv) Debt to assets ratio.</u></em>

 Liaiblities /    Assets

 395,500 /   1,034,200  = 0.382421195

<u><em> (v) Earnings per share.</em></u>

net income / average shares outstanding

$ 153,100 / 50,000 = 3.062

7 0
3 years ago
If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?
Juliette [100K]

Question:

Suppose there is a bond in ABC Company that that pays coupons of 8.5%, and suppose that these coupons are paid annually.

Suppose the face value of the ABC bond is $1000 and the maturity is 11 years.

If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?

Answer:

Price of bond = $ 1197.17

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV)</em>.  

Value of Bond = PV of interest + PV of RV  

The price of the bond can be worked out as follows:  

S<em>tep 1  </em>

<em>PV of interest payments </em>

Annual Interest payment =  8.5%× 1000 = 85

Annual yield = 6%

Total period to maturity (in years) = 11  

PV of interest =  

85 × (1- (1+0.06)^(-11)/)/0.06 = 670.38

<em />

<em>Step 2  </em>

<em>PV of Redemption Value </em>

= 1,000 × (1.06)^(-11) = 526.78

<em>Step 3:</em>

<em>Price of bond  </em>

670.38 + 526.78= 1,197.17

Price of bond = $ 1197.17

6 0
3 years ago
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