Two critical components of successful corporate strategy include:
A. vision and mission.
B. profit and loss.
C. customers and suppliers.
D. government regulation and tax obligation.
E. mission and goals
A. vision and mission.
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On the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments wouldbe
a. deducted from net income in converting the net income reported on the income statement to cash flows fromoperating activities b. added to net income in converting the net income reported on the income statement to cash flows fromoperating activities c. added to dividends declared in converting the dividends declared to the cash flows from financing activitiesrelated to dividends d. deducted from dividends declared in converting the dividends declared to the cash flows from financingactivities related to dividends
Planning is the process of setting goals and making plans to achieve them.
Answer the following statement true (T) or false (F)
Define the term compounding and explain why it is so important in the area of saving.
What will be an ideal response?
Wal-MartWal-Mart, the world's largest retailer by revenue, announced that it will get back to its founder's roots by initiating more price cuts. Critics claimed that the giant was getting away from its original focus because it posted relatively high gross profit margins. CEO Mike Duke assuaged critics by saying Wal-Mart's $400 billion in sales will become even larger because the price cuts will attract more customers and it will lower its costs of goods sold.Refer to Wal-Mart. Most Wal-Mart stores are not located in shopping centers but rather are buildings all by themselves. This type of location is referred to as a:
A. primary outlet B. freestanding store C. pop-up store D. single-unit retailer E. strip store