Answer the Following Question(s)using the Information Below

question 23

Multiple Choice

Answer the following question(s) using the information below:
Coldbrook Company has two sources of funds: long-term debt with a market and book value of $15 million issued at an interest rate of 10%, and equity capital that has a market value of $9 million (book value of $5 million) .Coldbrook Company has profit centres in the following locations with the following operating incomes, total assets, and current liabilities.The cost of equity capital is 15%, while the tax rate is 30%.
-What is the for Bish Bash Falls?

• A)$338,563
• B)$305,000
• C)$275,500
• D)$255,500
• E)$220,188

Describe the steps in the planning process.

Recognize the types of plans used by managers and their applications.

Understand the attributes of effective goals and the importance of goal alignment in organizational performance.

Identify and describe major planning tools and techniques used by managers.

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Definitions:

Successive Approximations

A technique used in behaviorist psychology, involving the reinforcement of behaviors that are increasingly similar to the desired behavior.

Operant Conditioning

A method of behavior modification where the intensity of an action is influenced by positive or negative reinforcement.

Shaping

A method of positive reinforcement of behavior patterns in operant conditioning.

Simpler Response

A basic or more straightforward reaction or answer to a stimulus or question, often requiring less cognitive or emotional effort.