Given the information below for Seger Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places.)Year 2014 2015 2016 2017 2018 2019Price $56.90 $62.80 $61.50 $59.00 $80.50 $95.90EPS 2.50 3.21 4.01 4.71 7.05 8.05CFPS 7.32 8.28 8.74 10.17 11.83 13.12SPS 34.80 39.80 39.20 42.70 53.90 61.90Based on the information provided, compute the share priceShare PriceUSING PE RATIO _______USING P/CF RATIO _______USING P/S RATIO _______
Answers
To compute the expected share price at the end of 2020 using price ratio analysis for Seger Corporation, we need to use the historical averages of the price-to-earnings (P/E), price-to-cash flow (P/CF), and price-to-sales (P/S) ratios.
Using PE Ratio Analysis:
The historical average P/E ratio for Seger Corporation is calculated by adding up the P/E ratios for each year and dividing by the number of years:
(22.76 + 19.60 + 15.36 + 12.52 + 11.42 + 11.93) / 6 = 15.86
We can then calculate the expected EPS for 2020 by using the historical average EPS growth rate, which is calculated by adding up the EPS growth rates for each year and dividing by the number of years:
((3.21/2.50)^(1/6) * (4.01/3.21)^(1/6) * (4.71/4.01)^(1/6) * (7.05/4.71)^(1/6) * (8.05/7.05)^(1/6)) - 1 = 0.3548 or 35.48%
Assuming the P/E ratio remains the same in 2020, we can use the following formula to calculate the expected share price:
Expected Share Price = Expected EPS * P/E Ratio
Expected Share Price = 8.05 * 15.86
Expected Share Price = $127.92
Using P/CF Ratio Analysis:
The historical average P/CF ratio for Seger Corporation is calculated by adding up the P/CF ratios for each year and dividing by the number of years:
(7.75 + 7.51 + 6.41 + 5.81 + 6.79 + 7.40) / 6 = 6.85
We can then calculate the expected CFPS for 2020 by using the historical average CFPS growth rate, which is calculated by adding up the CFPS growth rates for each year and dividing by the number of years:
((8.28/7.32)^(1/6) * (8.74/8.28)^(1/6) * (10.17/8.74)^(1/6) * (11.83/10.17)^(1/6) * (13.12/11.83)^(1/6)) - 1 = 0.3726 or 37.26%
Assuming the P/CF ratio remains the same in 2020, we can use the following formula to calculate the expected share price:
Expected Share Price = Expected CFPS * P/CF Ratio
Expected Share Price = 13.12 * 6.85
Expected Share Price = $89.87
Using P/S Ratio Analysis:
The historical average P/S ratio for Seger Corporation is calculated by adding up the P/S ratios for each year and dividing by the number of years:
(2.64 + 2.10 + 1.57 + 1.38 + 1.50 + 1.55) / 6 = 1.75
We can then calculate the expected SPS for 2020 by using the historical average SPS growth rate, which is calculated by adding up the SPS growth rates for each year and dividing by the number of years:
((39.80/34.80)^(1/6) * (39.20/39.80)^(1/6) * (42.70/39.20)^(1/6) * (53.90/42.70)^(1/6) * (61.90/53.90)^(1/6)) - 1 = 0.1104 or 11.04%
Assuming the P/S ratio remains the same in 2020, we can use the following formula to calculate the expected share price:
Expected Share Price = Expected SPS * P/S Ratio
Expected Share Price = 61.90 * 1.75
Expected Share Price = $108.33
Therefore, the expected share prices using price ratio analysis are as follows:
- Using PE Ratio: $127.92
- Using P/CF Ratio: $89.87
- Using P/S Ratio: $108.33
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Related Questions
The owner of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create. The landscaper wants to determine the viability of this business opportunity What should this entrepreneur do FIRST before offering to design and build water features as part of his landscaping business? оооо
Contact the water department to see if they can support the extra demand for water.
Ask the customers in the area if they are interested in adding a water feature to their gardens.
Determine if there is a supply chain available. Perform a financial audit to determine if there is
enough money available to add the new service.
Answers
What the entrepreneur should do FIRST before offering to design and build water features as part of his landscaping business is: Ask the customers in the area if they are interested in adding a water feature to their gardens.
LandscapingSince none of his competitors are including ponds or other water features in their gardens.
When determining the viability of the business opportunity the first step is for the owner of the landscaping business to all ask the customers in the area whether they are interested in adding a water features to their garden.
Inconclusion what the entrepreneur should do FIRST before offering to design and build water features as part of his landscaping business is: Ask the customers in the area if they are interested in adding a water feature to their gardens.
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Answer:
Ask the customers in the area if they are interested in adding a water feature to their gardens...
Explanation:
when is subsidy necessary in comodity supply
Answers
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Explanation:
What does it mean to say that Generation Z is a market segment?
Provide an example of how a company can engage with Generation Z
consumers as a market segment.
Answers
Saying that Generation Z is a market segment means that this demographic group, typically born between the late 1990s and early 2010s, shares similar characteristics, behaviors, and preferences that make them a distinct target audience for businesses.
Generation Z is often characterized as digital natives, highly connected, socially conscious, and seeking personalized and authentic experiences.
To engage with Generation Z consumers as a market segment, a company can employ various strategies.
For example, they can leverage social media platforms to create engaging and interactive content, embrace influencer marketing by collaborating with popular social media personalities who resonate with Gen Z, prioritize sustainability and ethical practices in their products and messaging, and offer personalized and customizable experiences to cater to their individuality and desire for unique offerings.
Additionally, incorporating technologies like augmented reality or gamification can enhance their engagement and provide a memorable brand experience.
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Merchant Mart accepts a shipment of nonconforming goods from Nabob Inc. Under the applicable statute of limitations, with respect to pursuing a remedy against the seller for the shipment, the buyer A. must warrant that the goods will be returned. B. is limited to a certain amount of damages. C. is barred from secking damages
D. has a reasonable time to notify the seller of the breach.
Answers
Merchant Mart accepts a shipment of nonconforming goods from Nabob Inc. Under the applicable statute of limitations, with respect to pursuing a remedy against the seller for the shipment, the buyer: D. has a reasonable time to notify the seller of the breach.
The applicable statute of limitations determines the time within which the buyer can pursue a remedy against the seller. The statute of limitations may differ depending on the jurisdiction and the type of contract. In this case, it is not specified which jurisdiction the contract is governed by, so we will assume a general understanding.
Under the statute of limitations, the buyer is given a reasonable amount of time to notify the seller of the breach. This means that Merchant Mart has a certain period within which they must notify Nabob Inc. of the nonconforming goods. The specific amount of time may depend on the terms of the contract and the jurisdiction in which the contract was made.
Once the seller has been notified, the buyer can pursue a remedy against the seller. The buyer may seek damages ormay choose to return the goods. If the buyer chooses to return the goods, they must warrant that the goods will be returned. If the buyer chooses to seek damages, they may be limited to a certain amount of damages depending on the contract terms and jurisdiction.
In summary, with respect to pursuing a remedy against the seller for nonconforming goods, the buyer has a reasonable amount of time to notify the seller of the breach. The buyer may choose to return the goods and must warrant that the goods will be returned, or may seek damages which may be limited depending on the contract terms and jurisdiction.
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The buyer has a reasonable time to notify the seller of the breach.
Under the Uniform Commercial Code (UCC), which governs the sale of goods in the United States, a buyer who receives nonconforming goods has a duty to notify the seller within a reasonable time after discovering the breach of contract. The statute of limitations for pursuing a remedy against the seller generally begins to run from the date of the breach, but the buyer must first give notice of the breach to the seller. Failure to give timely notice may result in the buyer losing the right to pursue a remedy against the seller. However, the UCC does not limit the buyer to a certain amount of damages or require the buyer to warrant that the goods will be returned.
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interview any business owner on impact of crime
Answers
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
I hope this helps you sorry if it doesn’t
Write the name of any five organic fertilizers and describe any one them.
Answers
One example of an organic fertilizer is compost. Compost is made from decomposed organic materials such as kitchen scraps, yard waste, and other biodegradable materials.
What is Fertilizers?
Fertilizers are substances added to soil or other growing mediums to provide essential plant nutrients that are deficient or absent in the soil. They are used to enhance the growth, yield, and quality of crops, and can be organic or inorganic in nature. Fertilizers contain essential plant nutrients such as nitrogen, phosphorus, and potassium, as well as other secondary and micronutrients that are important for plant growth and development. The use of fertilizers can help increase agricultural productivity and improve food security, but it is important to use them responsibly to minimize negative impacts on the environment.
Compost
Manure
Bone meal
Fish emulsion
Blood meal
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match the descriptions provided to their correct asset allocation model. - develop an appropriate diversification strategy across a broad set of asset classes. this is generally a long-term strategy where the goal is to minimize the probability of significant losses in one investment category. this generally includes a strict buy and hold strategy and passive re-balancing of a portfolio at preset intervals. - this strategy seeks to outperform the market in the short-term by picking asset classes that are expected to outperform market returns during the period. an investor attempts to time the market by moving into and out of asset classes based on short-term performance expectations. - this strategy uses models that calculate an efficient frontier based on estimates of returns, standard deviations, and correlations among sets of investment assets. it seeks to maximize return based on a selected level of risk using an efficient frontier with efficient portfolio options. a. mean-variance optimization asset allocation b. strategic asset allocation c. tactical asset allocation
Answers
The matching is 1) develop an appropriate diversification strategy is b. strategic asset allocation 2) this strategy seeks to outperform the market is c. tactical asset allocation and 3) will match with a. mean-variance optimization asset.
Develop an appropriate diversification strategy across a broad set of asset classes. this is generally a long-term strategy where the goal is to minimize the probability of significant losses in one investment category. this generally includes a strict buy and hold strategy and passive re-balancing of a portfolio at preset intervals. This is b. strategic asset allocation.
This strategy seeks to outperform the market in the short-term by picking asset classes that are expected to outperform market returns during the period. an investor attempts to time the market by moving into and out of asset classes based on short-term performance expectations. This is c. tactical asset allocation.
This strategy uses models that calculate an efficient frontier based on estimates of returns, standard deviations, and correlations among sets of investment assets. it seeks to maximize return based on a selected level of risk using an efficient frontier with efficient portfolio options. This is a. mean-variance optimization asset.
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What is the consumption tax that you pay on retail purchases like clothes and groceries called?.
Answers
a consumption tax is a tax you pay when you purchase a good or service
Carter company reported the following financial numbers for one of its divisions for the year; average assets of $4,150,000; sales of $4,575,000; cost of goods sold of $2,600,000; and operating expenses of $1,422,000. assume a target income of 10% of average assets. compute residual income for the division:
Answers
$138,000 is the residual income for the division. It assists the institutions in figuring out whether a person makes enough money to cover his expenses and obtain a second loan.
Why do you calculate residual income?Being one of the numbers that banks and lenders consider before approving loans makes residual income an important metric.
Given
Assets =$4150000
COGS =$2600000
Operating expenses =$1422000
Target Income = 10%
Sales =$4575000
Required to Calculate Residual value =?
Residual Value = Operating Income - ( Target income x average assets)
Operating income = Sales - COGS - Operating expense
= 4575000 - 2600000 - 1422000 = 553000
Residual income = 553000 - (10% x 4150000) = $138000
Thus, the residual income is $138,000 for the division.
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Which government tax incentive retirement account allows a person to contribute after-tax earnings?
Answers
Answer:
Roth IRA accounts
Explanation:
I hope this helped!
Now that you understand what investments are, you will search for three image examples that represent investments. You may choose to select images that represent the key concepts of investments, or examples of different types of
investments. In a short paragraph, explain why each of your selected images is an appropriate representation. Be sure
to follow proper image use and citation guidelines; click here for a quick review on these guidelines. In a second
paragraph, discuss the sources of each of your images and why they are reputable.
Answers
There are three main types of investments: Ownership, Lending, or cash. Ownership investments are the most volatile and profitable class of investment. Such as owning stock meaning owning a portion of a company. It may be a minuscule stake, but it's ownership. More broadly speaking, all traded securities, from futures to currency swaps, are ownership investments. Investors purchase them in order to share in the profits, or because they will increase in value, or both. Lending money is a category of investing. The risks generally are lower than for many investments and, consequently, the rewards are relatively modest. A bond issued by a company or a government will pay a set amount of interest over a set period of time. The only real risk is that the company or government will go bankrupt, in which case the bondholder may get little or none of the investment back. A regular savings account is an investment. The investor is essentially lending money to the bank. The bank will pay interest to the account holder and will earn its profit by loaning out the rest of the money to businesses at a higher rate of interest. These are investments are "as good as cash," which means that they can be converted back to cash easily and quickly. Money market funds are more liquid than other investments, meaning you can write checks out of money market accounts just as you would with a checking account. Although, once you start writing checks on it you've erased much of its value as an investment.
80% of people starting a business use their own personal savings. What is the advantage to this strategy versus using bank loans and credit cards? A. You control how the money is spent B. You will not pay interest on the capital. C. You do not have any risk of losing your money.
Answers
An advantage of using personal savings instead of bank loans and credit cards is you will not pay interest on the capital. (option B)
What is personal savings?Personal savings is the wealth that a person has accumulated over a period of time. When a person uses his personal savings to start a business, the person would not have to pay interest on the money used in the business because the funds used belongs to the person.
Banks loans and credit cards are subject to interest payment over the duration of the loan. Interest would increase the cost of starting the business. Funds that are gotten either from bank loans or personal savings can be lost if the business is not successful. Also, three is an opportunity cost associated in using the funds for starting a business. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
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The following income relates to a proprietorship registered as a BMBE: Gross income from sales P400,000 Dividend income - domestic corporation 9,000 Interest on bank deposits 6,800 Compute the total exclusion from gross income.A. 415,800
B. 400,000
C. 15,800
D. Zero
Answers
The correct answer is C. 15,800. Under the BMBE law, registered businesses are entitled to certain tax incentives including an income tax exemption for their first Php 150,000 annual income.
In this case, the gross income from sales is Php 400,000, but the first Php 150,000 is exempted, leaving a taxable income of Php 250,000.
Dividend income from the domestic corporation and interest on bank deposits are not covered by the BMBE income tax exemption, so the total exclusion from gross income would only be the Php 150,000 exemption for the gross income from sales.
Therefore, the total exclusion from gross income would be Php 150,000, and the taxable income would be Php 250,000.
Adding the dividend income of Php 9,000 and interest on bank deposits of Php 6,800 to the taxable income of Php 250,000 would give a total gross income of Php 265,800. However, only Php 150,000 is exempted, leaving a taxable income of Php 115,800.
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please help I will make you Brainliest
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Answer:
Rffffdf is a great place to work for and it is
R
The most successful export from West Africa after abolition wasa. palm oil.b. gold.c. ivory.d. lumber.e. illicit slaves.
Answers
After the abolition of slavery, the most successful export from West Africa was palm oil.
Palm oil became a highly sought-after commodity for the industrial revolution in Europe, as it was used in the manufacturing of soaps, candles, and lubricants. The demand for palm oil increased rapidly, leading to the expansion of plantations and trade networks in West Africa. Palm oil exports became a significant source of income for many West African countries, and it played a vital role in the development of their economies. Other commodities such as gold, ivory, lumber, and even illicit slaves were also traded, but none of them matched the success of palm oil. Today, palm oil is still a significant export from West Africa, and it is a key ingredient in many food and personal care products globally.
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the concurrency control protocol in which transactions hold their exclusive locks until commit is called
Answers
The concurrency control protocol in which transactions hold their exclusive locks until commit is called "Lock-Based Concurrency Control." In this protocol, when a transaction accesses a data item.
The transaction retains its locks until it completes and commits or aborts. Holding the locks until commit ensures that the transaction maintains exclusive access to the data, preventing conflicts and ensuring data integrity. However, this approach can lead to lock contention and potential delays if multiple transactions are waiting for the same data item. In this protocol, when a transaction accesses a data item, it acquires an exclusive lock on that item, preventing other transactions from accessing or modifying it until the lock is released.
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If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
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Full question:
If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
Country A to specialize in growing corn while Country B specializes in making cars.
Country A to specialize in making cars while Country B specializes in growing corn.
both countries to compete in growing more corn.
Answer:
Country A to specialize in growing corn while Country B specializes in making cars.
Explanation:
Agricultural country typically has a suitable climate to maximize the growth of crops. So, focusing its resources to specialize in one agricultural product might be an effective economic strategy for country A.
Since Country B has many cities and factories, country B can efficiently transform several raw materials and combined them into one finished products. Specializing its resources to produce vehicles can be a suitable approach that fit With Country's B specialty.
After making their own specialization, both country A and country B could conduct trade with one another in order to obtain products that they did not produce.
Before ordering used parts for a repair, a technician
should get
approval from the ____.
Answers
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
A business plan in its simplest form could be a paragraph written on a napkin describing a business strategy
True
False
Answers
Answer:
True
Explanation:
A business plan a guide that shows how business objectives will be met. It states the mission of the business, the resources, the target market, and the path to be followed to achieve the goals.
As the name suggests, a business plan is a 'plan.' It is important to have a business plan in place. The plan can be written with many details and in the standard format or scribbled on paper. Other plans are only in soft copy, while others are yet to be written.
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answers
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Printing Technology
Telecommunications
Performing Arts
Journalism
Answers
Answer:
Journalism
Explanation:
Answer:
journalism
Explanation:
Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Answers
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
Eva currently owes $21,000 on a student loan and two credit cards. The total
amount owed is considered
O A. debt
B. credit
C. interest
D. collateral
Answers
Hope it helps!
Answer: a dept
Explanation:
the major areas included in the study of finance are financial markets, investments, financial services, and managerial finance. (True or False)
Answers
The statement is true because the major areas included in the study of finance are financial markets, investments, financial services, and managerial finance.
Financial markets deal with trading financial assets like stocks, bonds, and currencies. Investments focus on portfolio management and asset valuation, aiming to maximize returns for investors. Financial services involve providing financial advice, products, and services to individuals and businesses.
Managerial finance concentrates on financial decision-making within organizations, including capital budgeting, risk management, and working capital management. All these areas work together to provide a comprehensive understanding of finance and its applications.
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Burger Dome sells hamburgers, cheeseburgers, French fries, soft drinks, and milk shakes, as well as a limited number of specialty items and dessert selections. Although Burger Dome would like to serve each customer immediately, at times more customers arrive than can be handled by the Burger Dome food service staff. Thus, customers wait in line to place and receive their orders. Suppose that Burger Dome analyzed data on customer arrivals and concluded that the arrival rate is 51 customers per hour and 1 customer processed per minute.
Compare a multiple-server waiting line system with a shared queue to a multiple-server waiting line system with a dedicated queue for each server. Suppose Burger Dome establishes two servers but arranges the restaurant layout so that an arriving customer must decide which server's queue to join. Assume that this system equally splits the customer arrivals so that each server sees half of the customers. How does this system compare with the two-server waiting line system with a shared queue? Compare the average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system. If required, round your answers to four decimal places.
Shared single queue Dedicated queues
Number of customers waiting fill in the blank 1 fill in the blank 2
Average number of customers in the system fill in the blank 3 fill in the blank 4
Average waiting time fill in the blank 5minutes fill in the blank 6minutes
Average time in the system fill in the blank 7minutes fill in the blank 8minutes
Comparing these numbers, it is clear that the shared single queue OR two dedicated queues results in better process performance than the shared single queue OR two dedicated queues
Answers
Both systems have the same average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system.
In a multiple-server waiting line system with a shared queue, all customers join a single queue, and the servers take turns serving the customers. On the other hand, in a multiple-server waiting line system with dedicated queues, each server has its own queue, and customers must choose which server's queue to join.
Now, let's compare the two systems.
1. Number of customers waiting:
In the shared single queue system, the number of customers waiting is equal to the average number of customers in the system minus the number of servers. In this case, with two servers, the number of customers waiting would be "fill in the blank 3".
In the dedicated queues system, since the customers are equally split between the two servers, each queue will have half the number of customers. Therefore, the number of customers waiting in each queue would be "fill in the blank 4".
2. Average number of customers in the system:
In the shared single queue system, the average number of customers in the system is the sum of the number of customers waiting and the number of customers being served. Since each server can serve one customer at a time, the average number of customers in the system would be "fill in the blank 3".
In the dedicated queues system, the average number of customers in the system is the sum of the number of customers waiting in each queue and the number of customers being served. Since each server can serve one customer at a time, the average number of customers in the system would be "fill in the blank 4".
3. Average waiting time:
The average waiting time in the shared single queue system is calculated by dividing the number of customers waiting by the arrival rate. Therefore, the average waiting time would be "fill in the blank 5 minutes".
In the dedicated queues system, the average waiting time for each queue would be the same as the average waiting time in the shared single queue system, as each queue receives half of the customers. Therefore, the average waiting time in each queue would also be "fill in the blank 5 minutes".
4. Average time in the system:
The average time in the system in the shared single queue system is calculated by dividing the average number of customers in the system by the arrival rate. Therefore, the average time in the system would be "fill in the blank 7 minutes".
In the dedicated queues system, the average time in the system for each queue would be the same as the average time in the system in the shared single queue system, as each queue receives half of the customers. Therefore, the average time in the system in each queue would also be "fill in the blank 7 minutes".
Comparing these numbers, it is clear that the shared single queue system results in the same process performance as the two dedicated queues system.
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3M stock started the year at $147, and by the end of the year
had increased to $166. 3M also paid 5 in dividends during the year.
What was the percent return for 3M?
Answers
The percent return for 3M stock is approximately 16.33%.
To calculate the percent return for 3M stock, we need to consider both the change in stock price and the dividends paid.
The initial stock price of 3M was $147, and by the end of the year, it had increased to $166. This represents a price increase of $166 - $147 = $19 per share. In addition, 3M paid $5 in dividends during the year.
To calculate the percent return, we can use the formula:
Percent Return = ((Change in Price + Dividends) / Initial Price) * 100
In this case, the change in price is $19, and the dividends paid is $5. The initial price is $147.
Using the formula:
Percent Return = (($19 + $5) / $147) * 100
Percent Return = ($24 / $147) * 100
Percent Return ≈ 16.33%
Therefore, the percent return for 3M stock is approximately 16.33%.
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why is comparative value lead and value based organization?
Answers
Answer:
The organizations with a common set of values that are practiced, in our experience, corporately develop a culture of accountability. The commitment to a value system serves to strengthen the firm’s culture, increases role clarity, retention, and productivity, and serves as a long-term benefit.
While it is important for a leader to understand the values expressed by all members of the team, there are times when an employee’s values are not in alignment with the organization’s. When an individual is new to the practice, it sometimes becomes clear when they aren’t in alignment with the firm’s values. In these cases, the individual has the choice to adapt or transition to another organization to which they more closely align. Neither the individual or the organization is served when values are not in alignment.
Explanation:
Another values-based leader I worked for inspired trust at all levels in the organization and he always did the right thing. He kept us aligned to our vision with the foundation being the firm’s core values. As a result, the work environment was filled with trust, clear communication and the drive to a common purpose. He motivated us to think beyond ourselves which fostered an environment of individual and corporate success.
Today’s successful organizations have a strong and well-defined culture.
Dr. Peabody recorded $6,820 in services provided to clients who make monthly payments. Which of the following statements is correct?
A. The dental revenues account is debited $6,820; accounts receivable is credited $6,820.
B. Accounts receivable is credited $6,820; the dental revenues account is credited $6,820.
C. Accounts receivable is debited $6,820; the dental revenues account is debited $6,820.
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Answers
Answer:
D. Accounts receivable is debited $6,820; the dental revenues account is credited $6,820.
Explanation:
The two accounts that are affected here are accounts receivables ( Assets) and the revenue account ( affects capital). The accounts receivable will increase as payment is expected at the end month. Since receivable are assets, an increase in receives is recorded as a debit of the account receivable account. $ 6,820 will be debited on the accounts receivables.
The services rendered increases the revenue to Dr. Peabody. Revenue is considered a capital account because it increases the owner's equity. An increase in a capital account is credited. Dr. Peabody will credit the dental revenue account with $6,820.
the most logical manner in which to set promotional budgets is:
Answers
The most logical manner in which to set promotional budgets is by using a data-driven approach that considers the goals and objectives of the promotional campaign, as well as the available resources and target audience.
Here are some steps for setting a promotional budget:
1. Define your goals: Start by defining the objectives of your promotional campaign, such as increasing brand awareness, driving sales, or launching a new product. Your budget should align with these goals.
2. Analyze your target audience: Understand your target audience's demographics, behaviors, and preferences to determine the most effective promotional channels and messaging.
3. Evaluate past performance: Review previous campaign performance metrics such as conversion rates, customer acquisition costs, and return on investment (ROI) to identify what has worked and what hasn't.
4. Determine your available resources: Consider the financial resources available for the campaign, including the cost of creative development, media placement, and any promotions or giveaways.
5. Allocate your budget: Based on the above factors, allocate your budget across different marketing channels such as social media, paid advertising, events, and public relations. Be sure to prioritize those channels that will best reach your target audience and support your campaign goals.
6. Monitor and adjust: Continuously monitor your campaign's performance metrics and adjust your budget allocation accordingly.
By taking a strategic and data-driven approach to setting a promotional budget, you can maximize the impact of your campaign while optimizing the use of your available resources.
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