How does the organization's mission differ from its strategic planning?
What will be an ideal response?
An organization's mission is a statement of the basic purpose that makes the organization different from other organizations. An organization's mission differs from strategic planning in that the mission is the basic purpose of the organization while strategic planning involves establishing the goals and objectives of the organization. Strategic planning also involves allocating resources to achieve those goals.
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The level of engagement and active processing undertaken by the consumer in responding to a marketing stimulus is called ________
A) elaboration likelihood B) consumer disengagement C) consumer involvement D) variety seeking E) low involvement
Compute the cash flow from transactions involving treasury stock.
Louisiana Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Note:
1. There were no stock retirements during the year.
2. There were no sales of treasury stock during the year.
A) zero net cash flow
B) $4500 of positive cash flow
C) $4500 negative cash flow
D) $13,000 negative cash flow
Burgess Corporation is considering purchasing equipment that costs $235,000. The equipment has an estimated useful life of 5 years and no salvage value. Burgess believes that the annual cash inflows from using the equipment will be $65,000. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Required:1) Calculate the net present value of the equipment assuming that Burgess's cost of capital is 12%. Is the equipment an acceptable investment? 2) Calculate the net present value of the equipment assuming that Burgess's cost of capital is 10%. Is the equipment an acceptable investment? 3) Based on your results to parts 1) and 2), estimate the internal rate of return for the investment in the equipment.
What will be an ideal response?
Prepare an income statement and a statement of retained earnings for the month of June. Also, prepare a balance sheet at June 30
The transactions of Magna Designer Corporation for the first month of their operations are as follows: • On June 1, 2017, Magna Designer Corporation received $25,000 cash from its stockholders and gave common stock to the stockholders. • The company rendered services to three clients on account with total revenues earned of $9,000. • It then incurred an advertising expense on four different websites and promised to pay a total of $1,200 at a later date. • On June 13, Magna Designers purchased $1,000 worth of office supplies for cash. (The supplies are not used by June 30 ) • On June 22, it received $2,000 on account from a client and deposited it into the business account. • On June 23, it incurred $1,300 for a legal expense and paid cash. • On June 30, Magna Designers made a payment of $500 to one of the websites that it owed for advertising provided earlier in the month. • No dividends were paid during the month. What will be an ideal response