Management wants the organization to achieve over long term

Assignment Help Financial Accounting

Reference no: EM13823905

A ______________ is the vision of what management wants the organization to achieve over the long term.

a. Strategic plan

b. Long-term objective

c. Short-term objective

d. Tactic

Reference no: EM13823905

Questions Cloud

Prepare the entry to recognize the sale of the receivable : ABC Company factors receivables with a carrying value of $200,000 to finance company for cash of 160,000. The transaction is a "with recourse" basis. The recourse provision has a fair value of 1000. Record the 200,000 balance in receivable account an..

Prepare entry to record interest-effective interest method : On February 1, 2011, Lagune & Sons issued 9% bonds dated February 1, 2011, with a face amount of $200,000. The bonds sold for $182,841 and mature in 20 years. The effective interest rate for these bonds was 10%. Interest is paid semi annually on July..

New piece of equipment-what is the payback period : Oasis Corp is considering the purchase of a new piece of equipment, which would have an initial cost of $1,000,000 and a 5 year life. There is no salvage value for the equipment. The increase in cash flow each year of the equipment's life would be as..

Determine the net present value analysis : Jonas Inc. is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. The equipment would cost $45,000 to purchase, and maintenance costs would be $5,000 per year. Jonas has determined after a net present val..

Management wants the organization to achieve over long term : A ______________ is the vision of what management wants the organization to achieve over the long term.

What is the approximate net present value : Du Monde Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $100,000. The equipment will have an initial cost of $400,000 and have a 5 year life. The sa..

Labor cost-unskilled labor : Albertville Inc produces leather handbags. The sales budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Albertville Inc's ending finished goods inventory policy is 10% of the following month's sales. E..

Fair values are used and adjusted each balance sheet date : Flo Choi owns a small business and manages its accounting. Her company just finished a year in which a large number of borrowed funds were invested in a new building addition, as well as in equipment and fixture additions. If fair values are used and..

Governmental mandatory spending-gramm-rudmand-hollings bill : Which of the following is true concerning the consumption habits of ALL levels of government? Which of the following is an example of governmental MANDATORY SPENDING? During which year did the first federal budget surplus occur within the last three ..

User Account

All Pages