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SSSSS [86.1K]
3 years ago
7

High performing companies adjust strategies for changing customer needs before rivals. downgrade capabilities as competitive adv

antages move into the decline stage. hire people to drive new growth once the growth is identified. All of the above are completed by high performing firms.
Business
1 answer:
marusya05 [52]3 years ago
6 0

Answer:Adjust strategies for changing customer needs before rivals.

Explanation: HIGH PERFORMING COMPANIES ARE COMPANIES WHO EFFECTIVELY AND EFFICIENTLY UTILIZE THEIR RESOURCES IN ORDER TO REDUCE COST, WASTAGES and TIME LOST DURING THE PRODUCTION AND SUPPLY CHAIN PROCESSES ETC.

For a company to perform at a high level or standard,the company must effectively implement strategies that can adjust the company to perform at a level which will outperform it's rivals in meeting the needs of the customers before the rivals.

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Camino’s cost of goods sold and operating expenses are 80 percent variable and 20 percent fixed. Camino has received an offer fr
aniked [119]

Answer: -$140000

Explanation:

Total operating expenses, = fixed costs + variable cost

Fixed cost is 20% = $60000

Variable cost is 80%

Therefore Total Operating expenses is $300000

When we subtract the total operating expenses (300000) from the total revenue (160000) , we get -140000.

Camino's is having a net operating loss of $140000. To make profit, they need to sell above 37500 cups

7 0
3 years ago
Mountain High Ice Cream Company transferred $68,000 of accounts receivable to the Prudential Bank. The transfer was made without
Maurinko [17]

Answer:

Dr Cash $59,840

Dr Loss on Sale of Receivables $8,160

Dr Recievable from Factor $5,800

Cr Recourse liability $5,800

Cr Accounts Receivable $68,000

Explanation:

Preparation of the journal entry to record the transfer on the books of Mountain High assuming that the sale criteria are met.

Dr Cash $59,840

[(68,000 x .90) - (68,000 x .02)]

Dr Loss on Sale of Receivables $8,160

[(5,800 + 68,000) - ($59,840 + 5,800)]

Dr Recievable from Factor $5,800

Cr Recourse liability $5,800

($59,840+$8,160+5800-68,000)

Cr Accounts Receivable $68,000

(To record the transfer on the books of Mountain High)

Dr Loss on Sale of Rec = (5,800 + 68,000) - ($59,840 + 5,800) = $8,160

73,800-65650

7 0
2 years ago
Ignatenko Company purchased office supplies costing $5,000 and increased Supplies for the full amount. Supplies on hand at the e
Leto [7]

Answer:

a. Supplies Expense $3,700Supplies $3,700

Explanation:

The entries required when supplies are purchased is

Debit Supplies account

Credit cash/accounts payable

At the point of use of these supplies, the entries required are

Debit  Supplies expense account

Credit supplies account

Hence the supplies used

= $5,000 - $1,300

= $3,700

Entries to be posted to adjust

Debit  Supplies expense account  $3,700

Credit supplies account      $3,700

6 0
3 years ago
Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm's account
Mariulka [41]

Willie appears to be an important part of the informal Organization

Explanation:

The informal organization comes from the purposeful development of a system of interactions. Willie has little influence in the formal association, but love for him in the department of development makes it very important for him to engage in the informal organisation.

The primary role of informal organizations is essentially to preserve people's values and beliefs. If you can socially associate yourself, you always feel a sense of cohesion. As a result, an informal organization has another function that will provide members with social satisfaction.

8 0
3 years ago
Last year, Candle Corp had $200,000 of assets, $300,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 40%
Arisa [49]

Answer: 342,000

Explanation:

200,000 + 300,000 + 20,000 = 520,000

520,000 * 40% = 208,000

520,000 - 208,000 = 312,000

312,000 + 30,000 = 342,000

Therefor your answer is 342,000

5 0
3 years ago
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