Credit terms of 2/10, n/30 indicate that a discount of 2% will be given if payment is made within 10 days of the invoice date. Otherwise, the total invoice amount is due within 30 days of the invoice date
Indicate whether the statement is true or false
TRUE
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A cultural norm that is taught or developed at McKinsey is ______.
a. that all employees have ‘an obligation to dissent’ if they disagree with others b. constructive confrontation c. “take the money and run” after their training period is over, if they are not a cultural fit d. competitive disadvantage will not be tolerated
Based on the free cash flow valuation model, Bizzaro Co.'s value of operations is $300 million. The balance sheet shows $20 million of short-term investments that are unrelated to operations, $50 million of accounts payable, $90 million of notes payable, $30 million of long-term debt, $40 million of preferred stock, and $100 million of common equity. Bizzaro has 10 million shares of stock outstanding. What is the best estimate of the stock's price per share?
A. $13.72 B. $14.44 C. $15.20 D. $16.00 E. $16.80
Product A has a sales price of $10 per unit. Based on a 10,000-unit production level, the variable costs are $6 per unit and the fixed costs are $3 per unit. Using a flexible budget for 12,500 units, what is the budgeted operating income from Product A?
A. $12,500. B. $30,000. C. $25,000. D. $20,000. E. $35,000.
The final output of the ______ is a recommendation to senior management on a sales and operations plan that include both the trade-offs and the financial and nonfinancial implications of the plan.
a. revenue planning b. pre-S&OP meeting c. executive S&OP meeting d. top-down planning