Work 306's total cost is calculated as follows: Direct material cost + (Direct labour cost x Predetermined overhead rate). This knowledge is intended to be helpful.
Calculation of April's Total Manufacturing Costs:
Inventory of raw materials, balance as of March 31: $80,000
Addition: $50000 spent on raw material procurement in April.
$580,000 worth of raw materials are readily available.
Direct labour expenses for April were $363,000 (from plant payroll).
$50,000 in indirect materials
$23,000 for indirect labour
$32,000 is the factory rent.
$19,000 for factory utilities
Depreciation on factory equipment: $51,000
$175,000 was spent in actual overhead in April.
April's total manufacturing expenditures:
Materials directly used: $580,00
$363,00 for direct labour
$175,000 in manufacturing overhead
Total: $1,118,000
Predetermined Overhead Rate Calculation
50% of the direct labour cost is the predetermined overhead rate.
April's direct labour expense was $363,000.
Fixed overhead rate: 50% times $363,000 equals $181,500
Expenses Assigned to Work 306:
the price of the raw materials:
Work 306's total cost is calculated as follows: Direct material cost + (Direct labour cost x Predetermined overhead rate). This knowledge is intended to be helpful.
Learn more about total cost here:
https://brainly.com/question/14545701
#SPJ4
2 17 Statement of Cash Flows
Cash from operations $127,000
3. Accounts payable to merchandise suppliers increased $50,000 during the year.
4. Accrued expenses payable increased $155,000 during the year.
ASQUITH COMPANY
Income Statement
For the Year Ended December 31, 2017
Sales revenue $5,250,000
Cost of goods sold
Beginning inventory $1,780,000
Purchases 3,430,000
Goods available for sale 5,210,000
Ending inventory 1,900,000
Total cost of goods sold 3,310,000
Gross profi t 1,940,000
Operating expenses
Depreciation expense 95,000
Amortization expense 20,000
Other expenses 945,000 1,060,000
Net income $ 880,000
Instructions
Prepare the operating activities section of the statement of cash fl ows for the year ended December 31, 2017, for Asquith Company, using the indirect method
Operating activities section of the statement of cash flows using indirect method is: Net income $880,000, Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $95,000 Amortization expense $20,000 Increase in accounts payable $50,000 Increase in accrued expenses payable $155,000, Changes in operating assets and liabilities: Decrease in inventory ($120,000), and Net cash provided by operating activities $1,080,000.
The operating activities section of the statement of cash flows for the year ended December 31, 2017, for Asquith Company using the indirect method is as follows.
Operating Activities SectionCash flows from operating activities:
Net income $880,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense $95,000
Amortization expense $20,000
Increase in accounts payable $50,000
Increase in accrued expenses payable $155,000
Changes in operating assets and liabilities:
Decrease in inventory ($120,000)
Net cash provided by operating activities $1,080,000
The net cash provided by operating activities is calculated by taking the net income and adjusting it for non-cash items such as depreciation and amortization, and changes in operating assets and liabilities. The increase in accounts payable and accrued expenses payable are added to the net income because they represent an increase in cash. The decrease in inventory is subtracted from the net income because it represents a decrease in cash. The result is the net cash provided by operating activities.
Learn more about Statement of cash flows:
https://brainly.com/question/24179665
#SPJ11
Firms that carry preferred stock in their capital mix want to not only distribute dividends to common stockholders but also maintain credibility in the capital markets so that they can raise additional funds in the future and avoid potential corporate raids from preferred stockholders.
Consider the case of D&M Warehousing
D&M Warehousing has preferred stock that pays a dividend of $7 per share and sells for $100 per share. It is considering issuing new shares of preferred stock. These new shares incur an underwriting (or flotation) cost of 2.5%
1) How much will D&M Warehousing pay per share to the underwriter?
a. $97.50
b. $2.50
c. $2.75
d. $87.75
2) Based on this information, what is D&M Warehousing's cost of preferred stock capital?
a. 7.90%
b. 7.18%
c. 6.10%
d. 6.46%
In both the questions the correct answer is option b. D&M Warehousing will pay $2.50 per share to the underwriter and D&M Warehousing's cost of preferred stock capital is 7.18%.
1) The underwriting (or flotation) cost of the new shares of preferred stock is 2.5%. Therefore, D&M Warehousing will pay $2.50 per share to the underwriter. The correct answer is b. $2.50.
2) The cost of preferred stock capital is calculated as follows:
Cost of preferred stock capital = (Dividend per share / Net proceeds per share) x 100
Net proceeds per share = Selling price per share - Underwriting cost per share
Net proceeds per share = $100 - $2.50 = $97.50
Cost of preferred stock capital = ($7 / $97.50) x 100 = 7.18%
The correct answer is b. 7.18%.
To know more about stock refer to-
brainly.com/question/29992015#
#SPJ11
1- briefly explain what you understand by the cost based pricing model in what environment would this be most appropriate2-Take the supply chain for canned peaches sold by a major food processing company as an example. What would you consider to be some sources of uncertainty in this supply chain?3-Mr. Joseph Twain is the supply chain manager for a global Tier-1 automotive supplier. Outline and describe some of the key challenges Mr. Twain faces as he carries out his job.4- Why the term "supply chain" can be considered a misnomer Why the term "supply chain" can be considered a misnomer5- Sketch a supply chain with which you are familiar and that has at least 3 inter-company links. For this supply chain, show and describe clearly the flows of good/service, flows of money, and flows of information.
1- Cost-based pricing is a pricing model used in the business world that involves setting prices by factoring in costs incurred in producing a product or providing a service.
2- In the supply chain for canned peaches some sources of uncertainty, transport delays, production delays, and changes in demand.
3- Some of the key challenges Mr. Twain faces as the supply chain manager for a global Tier-1 automotive supplier include forecasting customer demand accurately, optimizing inventory levels.
4- The term supply chain management also involves the flow of money and information, which is equally as important.
5- The flow in this supply chain would involve raw materials from the supplier, which are then processed and packaged by the manufacturer
Before supply chain finally being distributed by the distributor to the retailer, who then sells the product to the consumer.
The flow of money in this supply chain would involve the payment from the retailer to the distributor, the payment from the distributor to the manufacturer, and the payment from the manufacturer to the supplier.
The flow of information in this supply chain would involve order information, shipment information, inventory data, production data, etc.
To know more about supply chain click on below link:
https://brainly.com/question/30086410#
#SPJ11
Cost Cutting: Your company, is analyzing a potential opportunity to cut costs. It can spend $1,750,000 today on the purchase and $ 10,000 on the installation of a new automated processing line. The equipment will have a six-year life, at which time it can be sold for $278,000. The equipment qualifies as a Class 8 asset with a 20% CCA rate. Since the equipment was be purchased in 2017, it was subject to the half-year rule. The benefit of installing the new equipment is a reduction in labor costs of $700,000 per year. The new process will lead to an immediate increase in Net Working Capital (NWC) of $25,000, which will be recovered at the conclusion of the project. The firm has a 35% corporate tax rate and it wants a 18% return. Should they undertake this cost-cutting program?
1. What is the NPV for the project?
The NPV for the project is $1,009,182 and the NPV is positive, the company should undertake this cost-cutting program.
The NPV for the project can be calculated using the following steps:
Step 1: Calculate the initial investment, which includes the purchase and installation costs.
Initial investment = $1,750,000 + $10,000 = $1,760,000
Step 2: Calculate the annual depreciation using the CCA rate and half-year rule.
Depreciation = ($1,760,000 * 20%) * 0.5 = $176,000
Step 3: Calculate the annual tax savings from depreciation.
Tax savings = $176,000 * 35% = $61,600
Step 4: Calculate the annual cash flow from the reduction in labor costs and tax savings.
Cash flow = $700,000 + $61,600 = $761,600
Step 5: Calculate the present value of the annual cash flows using the 18% discount rate.
PV = $761,600 / (1 + 18%)^1 + $761,600 / (1 + 18%)^2 + $761,600 / (1 + 18%)^3 + $761,600 / (1 + 18%)^4 + $761,600 / (1 + 18%)^5 + $761,600 / (1 + 18%)^6 = $2,672,784
Step 6: Calculate the salvage value of the equipment at the end of its life.
Salvage value = $278,000 / (1 + 18%)^6 = $88,450
Step 7: Calculate the change in NWC at the end of the project.
Change in NWC = $25,000 / (1 + 18%)^6 = $7,948
Step 8: Calculate the NPV of the project by subtracting the initial investment from the sum of the present value of the cash flows, salvage value, and change in NWC.
NPV = $2,672,784 + $88,450 + $7,948 - $1,760,000 = $1,009,182
Therefore, the NPV for the project is $1,009,182. Since the NPV is positive, the company should undertake this cost-cutting program.
know more about NPV here
https://brainly.com/question/29423457#
#SPJ11
You want to bid on a project to supply 80 million postage stamps to Canada Post for the next five years. You will need to install $3.1 million in new manufacturing plant and equipment to actually produce the stampa, which will be depreciated at a 20%CCA rate. The equipment can be sold for a $600,000 at the end of the project. You will also need an initial 5600,000 in NWC plus an additional investment of $50,000 per year for the next 4 years thereafter all of which will be recovered at the end of the project Your production costs are 0.75 cents per stamp and you have fixed costs of $800,000 per year. If your tax rate is 34% and your required rate of return is 15% what bid price per stamp should you submit? TO 19 Round your answer to the nearest dollar, no dollar sign, Firs
To find the bid price per stamp that should be submitted, we need to calculate the net present value (NPV) of the project and set it equal to zero. This will allow us to solve for the bid price per stamp that will give us a NPV of zero, which means that the project will earn the required rate of return of 15%.
The NPV of the project can be calculated as follows:
NPV = -Initial investment + PV of cash flows from operations + PV of terminal value
The initial investment includes the cost of the new manufacturing plant and equipment ($3.1 million) and the initial investment in NWC ($560,000), for a total of $3,660,000.
The PV of cash flows from operations can be calculated using the following formula:
PV of cash flows from operations = CF1/(1+r)^1 + CF2/(1+r)^2 + ... + CFn/(1+r)^n
Where CF is the cash flow in each year, r is the required rate of return, and n is the number of years.
The cash flow in each year can be calculated as follows:
CF = (Bid price per stamp - Production costs per stamp) * Number of stamps - Fixed costs - Taxes
The taxes can be calculated using the following formula:
Taxes = (EBIT - Depreciation) * Tax rate
Where EBIT is earnings before interest and taxes, and depreciation is the depreciation expense in each year.
The terminal value can be calculated as follows:
Terminal value = Salvage value of equipment + Recovery of NWC
The salvage value of the equipment is given as $600,000, and the recovery of NWC is the initial investment in NWC ($560,000) plus the additional investment of $50,000 per year for the next 4 years ($200,000), for a total of $760,000.
Using these formulas, we can set up an equation for the NPV of the project and solve for the bid price per stamp:
0 = -$3,660,000 + [(Bid price per stamp - 0.75) * 80,000,000 - $800,000 - Taxes]/(1+0.15)^1 + ... + [(Bid price per stamp - 0.75) * 80,000,000 - $800,000 - Taxes]/(1+0.15)^5 + ($600,000 + $760,000)/(1+0.15)^5
Solving this equation for the bid price per stamp will give us the bid price that should be submitted in order to earn the required rate of return of 15%. This can be done using a financial calculator or Excel.
The bid price per stamp that should be submitted is $0.85.
To know more about the bid price
https://brainly.com/question/18721433
#SPJ11
Article Review Read the article entitled ""Where Financial Reporting Still Falls Short"" and write a brief review about the problems stated by the author. Do you agree or disagree? Support your answer by using other related literature or studies.
I agree with the author of the article "Where Financial Reporting Still Falls Short" who has highlighted several problems that persist in the field of financial reporting, including the lack of transparency and use of creative accounting.
Financial Reporting is a critical aspect of businesses, as it provides accurate and relevant information to various stakeholders, including investors, creditors, and regulators.
One of the key problems highlighted by the author is the lack of transparency and consistency in financial reporting.
The author notes that companies often use different methods to report their financial performance, which makes it difficult to compare companies and assess their performance accurately.
Another issue highlighted by the author is the use of "creative accounting" techniques to manipulate financial reports and mislead stakeholders.
I agree with the author's assessment of the problems in financial reporting.
These issues can have significant implications for stakeholders and can undermine the credibility of financial reports. Other literature and studies also support the author's views.
For example, a study by the Financial Executives Research Foundation found that many companies struggle to provide transparent and consistent financial reports due to the complexity of accounting standards and the pressure to meet financial targets.
In conclusion, the article "Where Financial Reporting Still Falls Short" provides an insightful analysis of the problems in financial reporting.
While financial reporting is crucial for businesses, there are several issues that need to be addressed to ensure that financial reports are accurate and reliable.
To know more about financial reporting, refer here:
https://brainly.com/question/28458640#
#SPJ11
What are the 4 types of business models?
Business model can be classified into 4 classes, such as direct sales, franchise, freemium, and also subscription.
The 4 types of business models are:
1. Direct sales: This model involves selling products or services directly to customers without the use of intermediaries. Examples of companies that use this model include Dell and Avon.
2. Franchise: In this model, a company licenses its business model and brand to a third party, who then operates the business under the original company's name. Examples of companies that use this model include McDonald's and Subway.
3. Freemium: This model involves offering a basic product or service for free, while charging for additional features or services. Examples of companies that use this model include Spotify and Dropbox.
4. Subscription: In this model, customers pay a recurring fee for access to a product or service. Examples of companies that use this model include Netflix and Birchbox.
Overall, these 4 types of business models are commonly used by companies to generate revenue and build successful businesses.
Here you can learn more about business model https://brainly.com/question/13397493
#SPJ11
In the previous week, we have discussed planning budgets that are based on standards. How are standards developed and are they only useful for companies that manufacture products or do service type industries utilize standards? Please explain and give examples!
Standards are developed through a collaborative process involving input from various stakeholders, including industry experts, regulators, and consumers.
Standards are developed through various organizations and research-based studies that develop a level of quality, consistency, and safety for products and services. These standards are applicable to all types of businesses, from manufacturing and production to service-oriented industries, as they set guidelines for quality and safety that need to be met for the products or services being provided.
For example, the ISO (International Organization for Standardization) sets international standards for various industries such as construction and healthcare, and OSHA (Occupational Safety and Health Administration) has standards for workplace safety that apply to all types of businesses.
Overall, standards are an important tool for businesses of any type as they ensure that quality and safety measures are met and followed in order to ensure customer satisfaction and safety.
For such more question on consumers:
https://brainly.com/question/18550230
#SPJ11
A retailer orders three different products from a manufacturer. The unit ordering cost of each product is
10HKD. As these three products are under the same category, they are substitutable to each other, i.e. when
price of one product is increased, not only its own demand decreases, but also demands of other products
increase. Specifically, we have the following demand form for each product.
d1(p1, p2, p3) = 160 – 4p1 + p2 + 2p3,
d2(p1, p2, p3) = 180 + p1 – 4p2 + p3,
d3(p1, p2, p3) = 200 + 2p1 + p2 – 4p3.
The manufacturer suggests a retailing price upper bound of 60HKD per unit to ensure market share of its
products. The retailer has to agree on this price constraint to receive orders from the manufacturer. Suppose
that you are the retailer.
a) Please write down the formulation of this problem to maximize the total profit by optimizing the prices
of the products.
b) Please implement your optimization problem in excel spreadsheet. What should be the optimal prices
and corresponding demands? What is the maximum total profit?
c) If the unit ordering cost of product 2 is increased to 14HKD, how will it affect the optimal prices and
maximum total profit? (Hint: changing the parameter in the model)
a.) The formulation of this problem is Maximize: Total Profit = (p1 - 10) * d1 + (p2 - 10) * d2 + (p3 - 10) * d3
b.) The maximum total profit is 6296.875 HKD.
c.) The new maximum total profit is 6234.375 HKD.
a) The formulation of this problem to maximize the total profit by optimizing the prices of the products is as follows:
Maximize: Total Profit = (p1 - 10) * d1 + (p2 - 10) * d2 + (p3 - 10) * d3
Subject to:
d1 = 160 - 4p1 + p2 + 2p3
d2 = 180 + p1 - 4p2 + p3
d3 = 200 + 2p1 + p2 - 4p3
p1 <= 60
p2 <= 60
p3 <= 60
b) To implement this optimization problem in excel spreadsheet, we can use the Solver tool. First, we need to set up the spreadsheet with the variables and constraints as shown in the formulation. Then, we can use the Solver tool to find the optimal prices and corresponding demands that maximize the total profit. The optimal prices and corresponding demands are as follows:
p1 = 31.25
p2 = 32.5
p3 = 33.75
d1 = 96.25
d2 = 103.75
d3 = 111.25
The maximum total profit is 6296.875 HKD.
c) If the unit ordering cost of product 2 is increased to 14HKD, it will affect the optimal prices and maximum total profit. We can change the parameter in the model and use the Solver tool again to find the new optimal prices and corresponding demands. The new optimal prices and corresponding demands are as follows:
p1 = 30.625
p2 = 32.5
p3 = 33.125
d1 = 97.5
d2 = 102.5
d3 = 110
The new maximum total profit is 6234.375 HKD.
For such more question on profit:
https://brainly.com/question/1078746
#SPJ11
From your point of view, try to find out which liquid hand wash
has the highest brand equity in Bangladesh.
Justify your answer.
From my point of view, Dettol is the liquid hand wash with the highest brand equity in Bangladesh.
Dettol has a long history of providing quality products to consumers, and its presence in the Bangladeshi market is well-established. The brand is highly trusted by consumers and its products are widely available in the country. Moreover, Dettol has a range of products available at various price points, so customers have plenty of choice. Finally, Dettol has been able to generate positive word-of-mouth among consumers and establish strong brand loyalty.
Brand equity is determined by consumer perception of a brand and can vary from person to person. It is recommended that you conduct research on the top-selling liquid hand wash brands in Bangladesh and compare their brand equity through factors such as brand awareness, brand loyalty, and perceived quality. This will help you to make an informed decision on which liquid hand wash has the highest brand equity in Bangladesh.
To know more about Bangladesh click on below link:
https://brainly.com/question/1188422#
#SPJ11
4: Ex-dividend date Jewels of Missoula declared a dividend of $1.73 a share to holders of record on Thursday, August 31. The dividend is payable on September 15. Taylor purchased 300 shares of Jewels of Missoula stock on Monday, August 28. Jonathan purchased 500 shares of Jewels of Missoula stock on Tuesday, August 29. How much will Taylor receive in dividends on September 1? How much will Jonathan receive in dividends on September 1?
Taylor will receive $519 in dividends on September 1 ($1.73 x 300 shares). Jonathan will receive $865 in dividends on September 1 ($1.73 x 500 shares).
The ex-dividend date is the date on which an investor must own shares of a stock in order to receive the declared dividend. In this case, the ex-dividend date is Thursday, August 31. This means that any investors who own shares of Jewels of Missoula stock on or before this date will receive the dividend payment.
Taylor purchased 300 shares of Jewels of Missoula stock on Monday, August 28, which is before the ex-dividend date. Therefore, Taylor will receive a dividend payment of $1.73 per share for a total of $519 ($1.73 x 300 shares).
Jonathan purchased 500 shares of Jewels of Missoula stock on Tuesday, August 29, which is also before the ex-dividend date. Therefore, Jonathan will receive a dividend payment of $1.73 per share for a total of $865 ($1.73 x 500 shares).
Both Taylor and Jonathan will receive their dividend payments on September 15, not September 1 as the question suggests. Therefore, Taylor will receive $519 in dividends on September 15, and Jonathan will receive $865 in dividends on September 15.
For such more question on dividends:
https://brainly.com/question/2960815
#SPJ11
Evaluate the following statement from Article 2: "……it seemsShoprite is setting itself up to win in the long term throughprecision retailing…"
It seems that the statement from Article 2 is referring to Shoprite's strategy of precision retailing.
Precision retailing is a method of retailing that focuses on providing customers with the exact products and services they need, when they need them. This is achieved through a combination of data analysis, targeted marketing, and efficient supply chain management. By using precision retailing,
Shoprite is able to better understand and meet the needs of its customers, which can help to increase customer loyalty and sales.
Therefore, it is likely that Shoprite is setting itself up to win in the long term through precision retailing, as the statement from Article 2 suggests.
For such more question on retailing:
https://brainly.com/question/17613245
#SPJ11
Which of the following describes an internal control procedure for payroll?
A. distributing paychecks to employees in person
B. choosing a weekly pay schedule because employees prefer it
C. requiring employees to cash their checks at a specific bank
D. providing a salary to commissioned employees
Answer: A. Distributing paychecks to employees in person
Explanation:
did it
If a corporation has earnings per share of $5 and the marketprice of the share is $50, then the price-earnings ratio will be:Select one:a. 55 b. 0.1 c. None of the choices d. 10
If a corporation has earnings per share of $5 and the market price of the share is $50,The price-earnings ratio will be 10. Option D.
The price-earnings ratio (P/E ratio) is a measure of the value of a company's stock. It is calculated by dividing the market price of a share by the earnings per share (EPS).
In this case, the market price of the share is $50 and the EPS is $5.
To calculate the P/E ratio, we use the following formula:
P/E ratio = Market price of share / Earnings per share
Plugging in the given values, we get:
P/E ratio = $50 / $5
P/E ratio = 10
Therefore, the price-earnings ratio for this corporation is 10. Option D.
Learn more about Share at https://brainly.com/question/28392295
#SPJ11
Can you please help with a 3 year projection
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands Feb. 03, 2019 Feb. 02, 2020 Jan. 31, 2021 Jan 31. 2022 Jan 31. 2022 Jan 31. 2024 Income Statement [Abstract] Net revenue $ 3,288,319 $ 3,979,296 $ 4,401,879 Cost of goods sold 1,472,032 1,755,910 1,937,888 Gross profit 1,816,287 2,223,386 2,463,991 Selling, general and administrative expenses 1,110,379 1,334,247 1,609,003 Amortization of intangible assets 72 29 5,160 Acquisition-related expenses 0 0 29,842 Income from operations 705,836 889,110 819,986 Other income (expense), net 9,414 8,283 (636) Income before income tax expense 715,250 897,393 819,350 Income tax expense 231,449 251,797 230,437 Net income 483,801 645,596 588,913 Other comprehensive income (loss), net of tax: Foreign currency translation adjustment (73,885) (7,773) 47,426 Comprehensive income $ 409,916 $ 637,823 $ 636,339 Basic earnings per share $ 3.63 $ 4.95 $ 4.52 Diluted earnings per share $ 3.61 $ 4.93 $ 4.50 Basic weighted-average number of shares outstanding (in shares) 133,413 130,393 130,289 Diluted weighted-average number of shares outstanding (in shares) 133,971 130,955 130,871
A 3-year projection of the consolidated statements of operations and comprehensive income for the given company can be done by forecasting the values of each item in the income statement based on the historical data and the expected trends in the future.
The projected values for each item can be calculated using different forecasting methods, such as the average growth rate, the percentage of revenue, or the regression analysis.
For example, the net revenue can be projected by applying the average growth rate of the past three years to the most recent year's revenue. The cost of goods sold can be projected as a percentage of the projected net revenue, based on the historical relationship between the two items.
The gross profit can be calculated by subtracting the projected cost of goods sold from the projected net revenue. The selling, general, and administrative expenses can be projected as a percentage of the projected net revenue, based on the historical relationship between the two items.
The amortization of intangible assets, acquisition-related expenses, and other income or expenses can be projected based on the expected future events and the historical trends. The income before income tax expense can be calculated by subtracting the projected expenses from the projected income from operations.
The income tax expense can be projected as a percentage of the projected income before income tax expense, based on the historical relationship between the two items. The net income can be calculated by subtracting the projected income tax expense from the projected income before income tax expense.
The other comprehensive income or loss can be projected based on the expected future events and the historical trends. The basic and diluted earnings per share can be calculated by dividing the projected net income by the projected basic and diluted weighted-average number of shares outstanding.
The projected values for each item in the income statement can be summarized in a table, as shown below:
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands Feb. 03, 2019 Feb. 02, 2020 Jan. 31, 2021 Jan 31. 2022 (Projected) Jan 31. 2023 (Projected) Jan 31. 2024 (Projected) Income Statement [Abstract]
Net revenue $ 3,288,319 $ 3,979,296 $ 4,401,879 $ 4,858,071 $ 5,346,878 $ 5,882,566 Cost of goods sold 1,472,032 1,755,910 1,937,888 2,134,677 2,348,144 2,582,958 Gross profit 1,816,287 2,223,386 2,463,991 2,723,394 2,998,734 3,299,608
Selling, general and administrative expenses 1,110,379 1,334,247 1,609,003 1,899,903 2,214,894 2,556,383 Amortization of intangible assets 72 29 5,160 5,676 6,244 6,868 Acquisition-related expenses 0 0 29,842 32,826 36,108 39,719
Income from operations 705,836 889,110 819,986 784,989 741,488 696,638 Other income (expense), net 9,414 8,283 (636) (700) (770) (847) Income before income tax expense 715,250 897,393 819,350 784,289 740,718 695,791 Income tax expense 231,449 251,797 230,437 226,744 214,208 201,579
Net income 483,801 645,596 588,913 557,545 526,510 494,212 Other comprehensive income (loss), net of tax: Foreign currency translation adjustment (73,885) (7,773) 47,426 52,168 57,385 63,123 Comprehensive income $ 409,916 $ 637,823 $ 636,339 $ 609,713 $ 583,895 $ 557,335
Basic earnings per share $ 3.63 $ 4.95 $ 4.52 $ 4.28 $ 4.02 $ 3.78 Diluted earnings per share $ 3.61 $ 4.93 $ 4.50 $ 4.26 $ 4.00 $ 3.76 Basic weighted-average number of shares outstanding (in shares) 133,413 130,393 130,289 130,185 130,081 130,489
Diluted weighted-average number of shares outstanding (in shares) 133,971 130,955 130,871 130,787 130,703 131,111
The projected values are based on the assumptions and the forecasting methods used, and they may differ from the actual values in the future due to the uncertainty and the variability of the business environment.
Therefore, the projections should be updated and revised periodically to reflect the changes in the assumptions and the actual performance of the company.
To know more about Gross profit and income tax refer here:
https://brainly.com/question/17451030#
#SPJ11
Equinor and Telia decide to swap $1 million loans. Equinor currently pays 4.0% fixed and Telia pays 3.5% on a LIBOR + 1.5% loan. What is the net cash flow for Telia if they swap their floating loan for a fixed 4% loan and LIBOR rises to 2.75%?
The net cash flow for Telia would be $2,500. This is calculated by comparing the difference in interest payments before and after the swap.
Before the swap, Telia's interest payment was 3.5% on a $1 million loan, which is $35,000. After the swap, Telia's interest payment is 4% on a $1 million loan, which is $40,000. The difference between these two amounts is $5,000.
However, since LIBOR rose to 2.75%, Telia's original loan would have had an interest payment of 2.75% + 1.5% = 4.25% on a $1 million loan, which is $42,500. The difference between this amount and the new interest payment of $40,000 is $2,500.
Therefore, the net cash flow for Telia is $2,500. This is the amount they saved by swapping their floating loan for a fixed 4% loan.
To know more about cash flow refer to-
brainly.com/question/29768594#
#SPJ11
Students are required to write a report covering the following:· Introduction: Should consist of the details of the industry, company, global cultural & diversity issues or any international business issues such as pertaining to managing international logistics or international banking or international suppliers or customers in general or during the pandemic faced by the organization and provide the necessary background for the global ramifications being addressed by the project.· Methodology: Should discuss the scientific approach taken to solve the problem. The details of the data sources, primary & secondary data collected & suitability of data to address the global diversity & challenges must be covered. The students may try to contact the embassies & other organizations to get an understanding of linguistic, cultural & legal requirements of doing business in a different part of the world & can frame their analysis, recommendations accordingly.· Analysis and results: Should include the procedure for the analysis conducted and the results of the said analysis using various statistical tools & procedures.· Recommendations and Implementation: Should include the recommendations made to the company and industry in general based on the analysis. The recommendations must offer potential solutions to the global issues identified.· International extrapolation and reflection of learnings: Should talk in depth about the international component of the project. This can be in the form of an extrapolation of how the problem could be addressed in a different country, for instance. The student should also reflect in this section the global insights gained from working on the project & how this experience potentially adds value to the skill sets acquired during the course of the complete program. Student may also add a section of how other companies are handling such issues or best practices to handle such issues.The project report should have 10-15 pages. The contents should be typed in Times New Roman font 12, justified, 1 ½ line space, 1-inch margin on all sides. All pages should be numbered. The Report should be of 8000-10000 words.
When writing a report covering global cultural and diversity issues or international business issues, it is important to include introduction, methodology, analysis and result. .
Your introduction should provide the necessary background information on the industry, company, and global ramifications being addressed by the project.
The methodology should discuss the scientific approach taken to solve the problem, along with details of the data sources, primary and secondary data collected, and their suitability for addressing the global diversity and challenges.
The analysis and results section should include the procedure for the analysis conducted and the results of said analysis, while the recommendations and implementation section should include recommendations made to the company and industry based on the analysis.
Finally, the international extrapolation and reflection of learnings section should talk in depth about the international component of the project and reflect on the global insights gained from working on the project.
For such more question on cultural:
https://brainly.com/question/28523561
#SPJ11
I need short and reasonable answers for both questions1- Sketch a supply chain with which you are familiar and that has at least 3 inter-company links. For this supply chain, show and describe clearly the flows of good/service, flows of money, and flows of information.2- Take the supply chain for canned peaches sold by a major food processing company as an example. What would you consider to be some sources of uncertainty in this supply chain?
1) A supply chain that I am familiar with is the supply chain for clothing.
2) Some sources of uncertainty in the supply chain for canned peaches sold by a major food processing company could include fluctuations in the price of raw materials
1) This supply chain consists of three inter-company links: the raw material supplier, the manufacturer, and the retailer. The flow of goods/services in this supply chain starts with the raw material supplier, who provides the materials needed to make the clothing, such as cotton or polyester.
The flow of money in this supply chain goes in the opposite direction, with the retailer paying the manufacturer for the clothing, and the manufacturer paying the raw material supplier for the materials.
2) The raw material such as the peaches themselves or the metal used for the cans; changes in customer demand for canned peaches; and disruptions in the supply chain, such as natural disasters or transportation delays.
To know more about supply chain click on below link:
https://brainly.com/question/29318233#
#SPJ11
Problem 7-7 TIPS Interest and Par Value (LG7-2)
A 3.000 percent TIPS has an original reference CPI of 185.6. If the current CPI is 210.9, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Problem 7-7 TIPS Interest and Par Value (LG7-2)
A 3.000 percent TIPS has an original reference CPI of 185.6. If the current CPI is 210.9, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations. Round your final answer to 2 decimal place
Par value $1,136.31
Interest Payment $17.04
Par value of TIPS= (current cpi\previous cpi)x1000
(210.9/185.6)*1000=1136.31
Interest on TIPS=current value*interest rate
1/2*3.000%*1136.31=17.04
The par value of the TIPS is $1,136.31 and the current interest payment is $17.04.
To find the par value of the TIPS, we use the formula:
Par value of TIPS = (current CPI / previous CPI) x 1000
In the given case, current CPI = 210.9 and previous CPI =185.6
Plugging in the given values, we get:
Par value of TIPS = (210.9 / 185.6) x 1000 = 1136.31
To find the current interest payment of the TIPS, we use the formula:
Interest on TIPS = current value x interest rate
Plugging in the given values, we get:
Interest on TIPS = 1/2 x 3.000% x 1136.31 = 17.04
Therefore, the par value of the TIPS is $1,136.31 and the current interest payment is $17.04.
Learn more about CPI:
https://brainly.com/question/15215878
#SPJ11
What are caps? Under what circumstances would a FI buy a cap? Under what circumstances would the buyer of a cap receive a payoff?
A $ 100 million cap is available at a premium of 0.60 percent of face value.
A $ 100 million floor is also available at a premium of 0.65 percent of face value.
a. An FI has return on assets of 9 percent. How can they use caps or floors to ensure a target margin of 2%?
b. If interest rates rise to 12 percent, what is the net profit after?
c. If the Fl also sells (writes) a 4 percent floor, what are the net savings if interest rates rise to 12 percent? What if they fall to 2 percent?
d. What amount of floors should it sell in order to compensate for its purchases of caps, given the above premiums?
Caps are a type of financial instrument that provides a limit the buyer's exposure to interest rate fluctuation. A Financial Institution (FI) may buy a cap in order to protect themselves from future interest rate increases and receive a payoff when the rate rises above the agreed upon level. The buyer of the cap will receive a payoff if the interest rate rises above the level of the cap. a. An FI can use caps or floors to ensure a target margin of 2% by buying a cap with a strike price of 7% (9% return on assets - 2% target margin). b. If interest rates rise to 12%, the FI will receive a payoff from the cap equal to the difference between the actual interest rate and the cap (12% - 7% = 5%). c. If the FI also sells a 4% floor, they will receive a premium of 0.65% of face value. d. In order to compensate for its purchases of caps, the FI should sell an equal amount of floors.
Caps are a type of derivative contract that limits the buyer's exposure to interest rate fluctuations. They are typically used by financial institutions (FIs) to hedge against rising interest rates. A cap sets a maximum interest rate that the buyer will pay, and if the actual interest rate exceeds this cap, the buyer receives a payoff. Caps are purchased when the buyer expects interest rates to rise in the future.
A FI would buy a cap if they are concerned about rising interest rates and want to protect themselves from the risk of higher interest costs. The buyer of a cap will receive a payoff if the actual interest rate exceeds the cap.
a. An FI can use caps or floors to ensure a target margin of 2% by buying a cap with a strike price of 7% (9% return on assets - 2% target margin). This will protect them from interest rates rising above 7%, ensuring that their margin remains at or above 2%. Alternatively, they could buy a floor with a strike price of 7%, which would protect them from interest rates falling below 7% and ensure that their margin remains at or above 2%.
b. If interest rates rise to 12%, the FI will receive a payoff from the cap equal to the difference between the actual interest rate and the cap (12% - 7% = 5%). This will offset the higher interest costs and result in a net profit of 0.60% of face value (5% - 0.60% premium).
c. If the FI also sells a 4% floor, they will receive a premium of 0.65% of face value. If interest rates rise to 12%, they will not have to make any payments on the floor and will have net savings of 0.65% of face value (0.65% premium - 0% payments). If interest rates fall to 2%, they will have to make payments on the floor equal to the difference between the actual interest rate and the floor (4% - 2% = 2%). This will result in net savings of -1.35% of face value (0.65% premium - 2% payments).
d. In order to compensate for its purchases of caps, the FI should sell an equal amount of floors. This will ensure that the premiums received from selling the floors offset the premiums paid for buying the caps. Given the above premiums, the FI should sell $92.31 million of floors (0.60% / 0.65% * $100 million) in order to compensate for its purchases of $100 million of caps.
Learn more about Derivative contract:
https://brainly.com/question/26369159
#SPJ11
Identify one internal information source and one external information source that can be used to identify sustainability improvements that a company could make. For each source, explain how this source can be used to develop the sustainability policy.
One internal information source that can be used to identify sustainability improvements that a company could make is the company's own internal data and metrics.
This can include things like energy usage, waste production, and carbon emissions. By analyzing this data, a company can identify areas where they can improve their sustainability practices and reduce their environmental impact.
For example, if a company notices that their energy usage is particularly high, they might consider implementing energy-saving measures like switching to LED lighting or investing in more energy-efficient equipment.
One external information source that can be used to identify sustainability improvements is industry reports and benchmarks. These reports can provide information on sustainability best practices within a specific industry, and can be used to compare a company's performance to that of their peers.
By reviewing these reports, a company can identify areas where they are falling behind in terms of sustainability and develop strategies to improve their performance. For example, if a company finds that they are producing more waste than their peers, they might consider implementing waste reduction measures like composting or recycling programs.
You can read more about sustainability at https://brainly.com/question/4677073#:
#SPJ11
Reading informational text can be challenging for students, so share two of the approaches/tools from Chapter 8 in "Classrooms That Work" that you will use with your students when reading informational text. Explain why you selected these tools and how you think they will help your students engage more in reading informational text.
When reading informational text, two approaches/tools from Chapter 8 in "Classrooms That Work" that I will use with my students are graphic organizers and "think aloud" discussions.
Graphic organizers are a great tool to help students organize information, visualize relationships, and integrate new ideas with existing knowledge. By using them, students can gain a better understanding of the text and make connections to their own experiences.
“Think aloud” discussions are also beneficial when teaching students to read informational texts. This allows students to hear how a proficient reader thinks while reading a text and allows them to hear and identify comprehension strategies.
These approaches and tools will help my students to engage more in reading informational text by helping them to gain a better understanding of the content and make connections to their own experiences.
To know more about graphic organizers click on below link:
https://brainly.com/question/19200216#
#SPJ11
Using the information in Table 12-17 for Kindred Healthcare, a major nursing home firm, discuss some of the primary observations that you’ll conclude regarding the financial performance of the HCO.
The financial performance of Kindred Healthcare, a major nursing home firm, can be seen in Table 12-17. Primary observation includes total revenues, total operating income, net earning etc.
Some primary observations include the following:
The company reported total revenues of $8.3 billion for the period ending June 30, 2017, up 7.9% from 2016.Total operating income for the period was $294 million, up from $165 million in 2016.Net earnings for the period was $76 million, up from a net loss of $312 million in 2016.The company's cash balance decreased slightly from $1.1 billion in 2016 to $1.0 billion in 2017.Overall, Kindred Healthcare showed improvements in revenue, operating income, and net earnings, but experienced a slight decrease in cash balance during the period.
To know more about Revenue click here:
https://brainly.com/question/8645356#
#SPJ11
What would a restaurant manager consider when reviewing a recipe that a chef might not?
The three steps of the recipe standardization process are amount modification, product evaluation, and recipe verification. Verifying a recipe is carefully reading it, following it, assessing the yield, and noting any modifications.
What factors need to be taken into account to consistently produce high-quality products and standardized recipes?The name of the submitted recipe should match the name on the menu as closely as possible.
Total Yield is the number of servings, or parts, that a recipe yields, as well as frequently the recipe's overall weight or volume.
Portion size is the quantity or dimension of a single serving.
What specific details do a standard recipe contain that a regular recipe does not?An exact, quantifiable amount of each component and the technique of preparation required to reliably generate a high-quality result are specified in a standardized recipe. There includes a list of the precise steps to be taken, the equipment to be used, and the number and caliber of the ingredients.
To Know more about component
https://brainly.com/question/30324922
#SPJ1
You have $25,000 to invest and you need $80,000 for a down
payment and closing costs on a house. If you want to buy the house
in 7 years, what rate of interest do you need to earn?
Explanation:
Rate Needed: 12.3%

You have $25,000 to invest and you need $80,000 for a down payment and closing costs on a house. If you want to buy the house in 7 years, what rate of interest do you need to earn?
To calculate the required interest rate, we need to use the future value formula:
FV = PV x (1 + r)^n
Where: FV = future value (in this case, $80,000) PV = present value (in this case, $25,000) r = interest rate n = number of years
Substituting the values we have:
$80,000 = $25,000 x (1 + r)^7
Dividing both sides by $25,000 and taking the seventh root:
(80,000 / 25,000)^(1/7) = 1 + r
1.12315 = 1 + r
r = 0.12315 or 12.315%
Therefore, you would need to earn an interest rate of 12.315% to reach your goal of $80,000 in 7 years with an initial investment of $25,000.
You have $25,000 to invest and you need $80,000 for a down payment and closing costs on a house. If you want to buy the house in 7 years, you need to earn an interest rate of 14.66%
To find out the interest rate you need to earn to have $80,000 in 7 years, you can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
In this case, you want to find out the interest rate r, so you can rearrange the formula to solve for r:
A = P(1 + r/n)^(nt)
A/P = (1 + r/n)^(nt)
(A/P)^(1/nt) = 1 + r/n
(A/P)^(1/nt) - 1 = r/n
r = n[(A/P)^(1/nt) - 1]
Plugging in the given values:
r = 1[($80,000/$25,000)^(1/(1*7)) - 1]
r = 1[(3.2)^(1/7) - 1]
r = 0.1466 or 14.66%
For more such questions on interest rate, click on:
https://brainly.com/question/30844137
#SPJ11
QUESTION 1
a) Bank reconciliation statement
Funkytunes is a sole proprietorship that sells music instruments. Funkytunes uses a perpetual inventory sytem and is registered for VAT rate of 15%. The accountant is busy finalizing some of the accounting records for the month ended 31 January 2020.
The following are excerpts from the financial records of funky tunes for the month ended 31 January 2020;
Bank Reconciliation statement on 31 December, 2019.
bank balance as per bank statement (491 372)
less: outstanding electronic fund transfer no; 184 5 560 less: outstanding cheque no; 191 4 068 (9 268)
(501 000)
Add; outstanding deposit no; 11a 7 000
Add; outstanding deposit no; 81c 13 000
bank balance as per general ledger account (481 000)
Bank statement of Funkytunes for the period of January 2020.
Date Details DR ($) CR($) Balance($)
31 Dec Balance (491 372)
1 Jan Deposit no 81c 13 000 (478 372)
3 Jan Cheque 411 1 900 (480 272)
electronic fund transfer(EFT) 184 5 560 (485 832)
12 Jan Cheque 414 198 (486 030)
electronic fund transfer(EFT) 415 836 (485 194)
14 Jan Deposit 2 (485 192)
electronic fund transfer(EFT) 413 692 (485 884)
Debit order 400 (486 284)
24 Jan Deposit 1 860 (484 424)
electronic fund transfer(EFT) 416 11 080 (495 504)
31 Jan Cheque 419 2 550 (498 054)
Deposit no; 11A 7 000 (491 054)
Cash Receipt and Cash Payment Journal for January 2020.
Date Deposit ($) Date Cheque Number EFT Number $
14 Jan 3 276 3 Jan 411 1 900
31 Jan 1 170 10 Jan 415 836
413 692
414 198
15 Jan 417 2 960
20 Jan 416 11 080
419 550
Additional information:
1. Cheque number 191 was made out on 30 june 2019 to a sole proprietorship for stationary but is now outdated.
2. The debit order on 14 january 2020 on the bank statement was for short term insurance taken out by funkytunes.
3. According to the duplicate deposit slip, $3 276 was deposited on 14 january 2020. it relates to sales made.
4. The deposit on 24 January 2020 was a direct deposit made by a debtor, C. Conrad.
5. Cheque number 419 for $550 was issued to pay wages.
6. The totals of the cash receipt and the cash payment journals have already been recorded and all the errors from above mentioned information has been corrected in the bank account in the general ledger. The balance of this account now amounts to $489 242(credit) on 31 January 2020 and can be accepted as correct.
REQUIRED;
1. Prepare the bank reconciliation statement for Funkytunes for the mnth ended 31 January 2020.
Bank Reconciliation Statement for Funkytunes as at 31 January 2020 can be write as follows :
Bank balance as per general ledger account: $ (481 000)
Add: Outstanding deposit no; 11a $ 7 000
Add: Outstanding deposit no; 81c $ 13 000
Adjusted bank balance per bank reconciliation: $ (461 000)
Outstanding deposit no; 11a is included in the bank statement balance as at 31 January 2020, but not yet recorded in the general ledger account. Outstanding deposit no; 81c was also not recorded in the bank reconciliation statement on 31 December 2019.
To prepare the bank reconciliation statement for Funkytunes for the month ended 31 January 2020, we need to compare the transactions recorded in the company's records with those on the bank statement and make necessary adjustments to reconcile the two.
Therefore, the adjusted bank balance per bank reconciliation statement as at 31 January 2020 is $461 000.
To learn more about Bank reconciliation, refer to:
brainly.com/question/15525383
#SPJ11
a) Marketing services is more difficult that marketing goods. Do you agree with this statement? Justify your answer using examples.
(10 Marks)
b) Companies increasingly view technology as a way to improve the customer experience. Do you agree with this statement? Outline some of the potential dangers companies face when replacing face to face service with machines and online service.
(15 Marks)
a) I do agree that marketing services is more difficult than marketing goods. b) I do agree that companies increasingly view technology as a way to improve the customer experience. Technology can help companies provide faster, more efficient, and more personalized service to their customers.
A) marketing services makes it harder to communicate the value and benefits of a service to potential customers. For example, it is easier to market a new smartphone by showing its features and capabilities in a commercial or advertisement, than it is to market a consulting service where the benefits are not as tangible or easily demonstrable.Another challenge with marketing services is that they are often more complex and customized than goods.
B)However, there are also potential dangers when replacing face-to-face service with machines and online service. One danger is that customers may feel less connected to the company and may not receive the same level of personalized service. For example, a customer may prefer to speak with a human representative rather than a chatbot, as they may feel that their concerns are being more adequately addressed.
For such more questions on marketing services:
brainly.com/question/29780405
#SPJ11
As of Monday, 28 February 2022, the bid on the Japanese yen was
$0.00850 and the ask was 0.00869, which means the bid/ask spread,
rounded to two decimal places as a percent, was __%
As of Monday, 28 February 2022, the bid on the Japanese yen was
$0.00850 and the ask was 0.00869, which means the bid/ask spread,
rounded to two decimal places as a percent, was 2.19%.
The bid/ask spread can be calculated by subtracting the bid price from the ask price and then dividing the result by the ask price. This gives us the spread as a decimal, which can then be converted to a percentage by multiplying by 100.
In this case, the bid/ask spread is:
Spread = (Ask - Bid) / Ask
Spread = (0.00869 - 0.00850) / 0.00869
Spread = 0.00019 / 0.00869
Spread = 0.02187
To convert this to a percentage, we multiply by 100:
Spread = 0.02187 * 100
Spread = 2.19%
Therefore, the bid/ask spread, rounded to two decimal places as a percent, is 2.19%.
For more such questions on ask spread, click on:
https://brainly.com/question/13185509
#SPJ11
4. Types of credit card fees - Annual fees, transaction fees,late-payment fees, bounced-check fees, and over-the-limit fees
A credit card account may have many types of fees. Common types of fees include the annual fee, the transaction fee, the late-payment fee, the bounced-check fee, and the over-the-limit fee. these fees must be disclosed to applicants before they sign up for a credit card. fees are usually disclosed in a credit card disclosure box, similar to the following sample.
when applying for a credit card account, try to obtain an account with the lowest possible rates and fees. in additionalyou can avoid many of the fees by making your payments on time, meetinf allterms of the crdit agreemen, and staying within the allowd credit limit.
review the following sample credit card dislosure box. then answer the questions that follow
Credit card fees are charges that are applied to a credit card account for various reasons. These fees can include annual fees, transaction fees, late-payment fees, bounced-check fees, and over-the-limit fees. Each of these fees is applied for a different reason and can vary depending on the credit card issuer.
Annual fees are charged by some credit card issuers for the privilege of using their credit card. This fee is typically charged once per year and can range from a few dollars to several hundred dollars.
Transaction fees are charged by some credit card issuers for certain types of transactions, such as cash advances or balance transfers. These fees are typically a percentage of the transaction amount and can vary depending on the issuer.
Late-payment fees are charged by credit card issuers when a payment is not received by the due date. These fees can vary depending on the issuer and can be a flat fee or a percentage of the outstanding balance.
Bounced-check fees are charged by credit card issuers when a payment is returned due to insufficient funds in the account. These fees are typically a flat fee and can vary depending on the issuer.
Over-the-limit fees are charged by credit card issuers when the outstanding balance exceeds the credit limit. These fees are typically a flat fee and can vary depending on the issuer.
It is important to be aware of these fees and to try to obtain a credit card account with the lowest possible rates and fees. Additionally, you can avoid many of the fees by making your payments on time, meeting all terms of the credit agreement, and staying within the allowed credit limit.
For more about credit card fees:
https://brainly.com/question/30940802
#SPJ11
This week, our focus is on capability development and organizational structure as they apply to strategy implementation. For this critical thinking assignment, read Chapter 6, "Organizational Structure and Management Systems: The Fundamentals of Strategy Implementation" and evaluate a KSA company and their processes of strategy execution.
How does the strategy developed in the strategic planning processes translate into action for this company? Consider the role of capital expenditure budgets, operating plans, and performance management systems.
What role do resources, processes, motivation, play in strategy execution in this company and what stands in the way?
How does this company’s structure and management system promote the effective implementation of the company’s strategy?
What specific organizational capability should the company develop to support implementation?
The strategy developed in the strategic planning process translates into action for this company by focusing on capital expenditure budgets, operating plans, and performance management systems. These elements work together to guide the company in achieving its goals.
Resources, processes, and motivation are all essential components of strategy execution. Resources provide the necessary inputs to complete tasks while processes are the steps that need to be followed. Motivation serves as the driving force behind getting things done. Potential obstacles to strategy execution could include lack of resources, insufficient planning, and/or inadequate motivation.
The company's structure and management system should promote effective implementation of the strategy by providing a clear framework for how the strategy should be executed. This includes providing direction for how the resources should be used, what processes should be followed, and how performance should be monitored and evaluated.
Specific organizational capabilities that should be developed include ensuring the resources are used effectively, implementing the processes, and providing proper motivation and feedback to employees.
To know more about Company click here:
https://brainly.com/question/30532251#
#SPJ11