The correct answer would be d. all of the above
Answer: True
Explanation:
Proper planning without control is futile, this is because a blue print may have been put in place in the planning process but it becomes imperative for management to set up institutions or machineries to ensure that plans are executed as expected and there are remedial actions or plans in place in the event when unexpected events come up to distort achievement of the goal.
Proper control leads to achievement of organizational goals.
Answer:
B. $1,989.75
Explanation:
Cost of option (C) = $510.25
Option selling price (Po) = $85 per share
Share price when selling (Ps) = $60 per share
Number of shares (n) = 100 shares
Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:
To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:
Answer: -0.5
Explanation:
From the information given,
Demand curve = P = 600 – Q
Supply curve = P = 0.5Q
Equilibrium = Qd = Qs
Therefore, 600 - Q = 0.5Q
600 = Q + 0.5Q
600 = 1.5Q
Q = 600/1.5
Q = 400
Since P = 600 - Q
P = 600 - 400
P = 200
Price elasticity will be:
= (dQ/dP) × (P/Q)
=(-1) × (200/400).
= -1 × 0.5
= -0.5
The price elasticity is -0.5
Depreciation Expense is a temporary account since it is an income statement account.
Therefore, the answer is
b . False
