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3 years ago

Which of the following is the roadmap of where the business is going?

Business

1 answer:

dusya [7]3 years ago

7 0

The road-map which tells where the business is going is a Business plan.

A business plan is basically a map which visualize a goal desired outcome and draws out the steps needed to reach the goals.

In other word, a business plan shows where a company is going and steps required to get there.

A typical business plan will state likely Challenges, defined Objectives, Courses of Action, Initiatives, Mode of operation etc.

In conclusion, every successful business that exists today started with well-drawn business plan.

Learn more about Business plan here

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arciano Manufacturing uses a standard cost system. Standards for direct materials are as follows: Direct materials (pounds per

denpristay [2]

Answer:

C. Raw material inventory Dr, $ 72,000

To Direct material cost variance $27,600

To Accounts payable $44,400

Explanation:

The Journal entry is shown below:-

The variation in material costs would be favorable in a given situation. Since standard costs higher than real costs. And the journal submission would be for a desirable variance:

Raw material inventory Dr, $72,000

(12,000 × $6)

To Direct material cost variance $27,600

To Accounts payable $44,400

(Being Raw material inventory is recorded)

7 0

3 years ago

Why might variable expenses change a great deal at different times of year?

Goryan [66]

Answer:A

Explanation:

Heating and cooling are never the same

7 0

3 years ago

Rudyard Corporation had 160,000 shares of common stock and 16,000 shares of 8%, $100 par convertible preferred stock outstanding

snow_lady [41]

Answer:

Diluted EPS = $3.0625

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares possible after conversion

Conversion of preferred stock into common stock

= 16,000 × 5 = 80,000

Number of ordinary shares = common stock + converted preferred stock

= 160000+ 80000 =240,000 units

Net Income 520,000

Preferred dividend (8%×100×16000) (<u>128000) </u>

Earnings available to shareholders <u> 392000 </u>

Number of shares 240,000

Diluted Earnings per share

392,000/240,000= $3.0625

Diluted EPS = $3.0625

5 0

3 years ago

Imagine that in the current year the economy is in long-run equilibrium. Then the federal government reduces its purchases of go

stealth61 [152]

Answer:

The expected price level falls., new wage contracts will be negotiated at a lower wage in the market.

Explanation:

In the case when the economy is in the long run equilibrium and the federal government decreased the goods purchase by 50%. So in the long run the expected price level would be decline and the effect on wage bargaining would be that the new wage control would be negotiated at a less wages in the market place

Therefore, the correct option is c

And, the same would be relevant

8 0

3 years ago

What are the four key assumptions examined in specification analysis in the case of simple regression? A. Four key assumptions

bearhunter [10]

Answer:

C. 1. Linearity of relationship between the dependent variable and the independent variable within the relevant range. 2. Constant variance of residuals for all values of the independent variable. 3. Independence of residuals. 4. Normal distribution of residuals.

Explanation:

The four keys assumptions that are examined in the case of simple regression with respect to the specification analysis is given below:

1. There should be relationship between the dependent and independent variable and that should be linear and do not cross the relevant range

2, The residual variances of the independent variable would remain the same

3. Residual independence

4. Residual normal distribution

These four should be considered

Hence, the option c is correct

4 0

3 years ago