Answer:
Demand increases
Explanation:
There are replacements for petrol and electric vehicles. So, as petrol prices grow, sales of electric vehicles will grow. Market curve will move to the right and that both prices and quantities will rise.
Marilyn wants to use a non-price competitive marketing strategy to gain more customers. Which of the following might she use?
lowering the cost of services
raising product prices
offering a promotion
underbidding competitors
Since Marilyn wants to use a non-price competitive marketing strategy to gain more customers, the option that she might use is option c: offering a promotion
What are non-price competition strategies?Non-price competition is a strategy that emphasizes on superior product quality, a unique selling proposition, a great location, and good service in place of cheaper pricing in order to draw clients and boost sales. It aids in brand differentiation and consumer acquisition. 29 Sept 2022
Note that a variety of strategies are used in marketing, including product differentiation, advertising, promotion, and distribution and as such, option C is correct.
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Plastic Products Ltd is a company business whole the country that produces and markets plastic cups, teaspoons, knives and forks for the catering industry. The company was established in 2010 in response to the changes taking place in the catering industry. The growth of the fast-food sector of the market was seen as an opportunity to provide disposable eating utensils which would save on human resources and allow the speedy provision of utensils for fast customer flow. In addition, Plastic Products has benefited from the growth in supermarkets, convenience stores and food processed manufacturers. The expansion of sales and outlets has led Mr. Long, the sales manager, to recommend to Mr. An, the general manager, that the present sales force should be increased. Mr. Long believes that the new recruits should have experience of selling fast-moving consumer goods since essentially that is what his products are. Mr. An believes that the new recruits should be familiar with plastic products since that is what they are selling. He favors recruiting from within the plastics industry, since such people are familiar with the supply, production and properties of plastic field.
Answer:
ooffffano yan bul bul ka ba!?
Discuss the pros and cons of BMWs selective target marketing? What has the firm done well over the years and where could it improve? (20 marks)
Selective target marketing allows BMW to focus on a specific market segment, offering tailored products and services that appeal to its target audience.
This approach has several pros and cons.
Pros:
1. Precise targeting: By focusing on a specific group, BMW can create customized offerings that cater to the unique preferences of its customers, leading to higher satisfaction and brand loyalty.
2. Efficient resource allocation: Concentrating on a specific segment enables BMW to allocate resources efficiently, ensuring better returns on investment.
3. Enhanced brand image: By offering high-quality products and services to a select clientele, BMW has built a strong, premium brand image over the years.
Cons:
1. Limited market reach: Selective targeting may limit BMW's customer base, restricting potential growth.
2. Vulnerability to market fluctuations: Focusing on a single segment makes BMW vulnerable to changes in market dynamics, affecting its overall performance.
3. Increased competition: BMW faces fierce competition within its target segment, as competitors vie for the same customers.
Over the years, BMW has excelled at creating innovative, high-performance vehicles and maintaining a strong brand image. To improve, the firm could explore new market segments, diversify its product range, and adopt a more flexible marketing approach to accommodate the evolving preferences of its target audience.
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how do you determine retained earnings at year end
Explanation:
The retained earnings are calculated by adding net income to (or subtracting net losses from) the previous term's retained earnings and then subtracting any net dividend(s) paid to the shareholders. The figure is calculated at the end of each accounting period (quarterly/annually.)
Hope it helped u if yes mark me BRAINLIEST
6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek listed the "Best Small Compa- nies." We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS X Sales Earnings ($ millions) ($ millions) $89.2 18.6 18.2 71.7 58.6 46.8 $4.9 4.4 1.3 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide 8.0 6.6 Daig 4.1 Cobra Golf X M Sales Earnings ($ millions) ($ millions) $17.5 11.9 19.6. 51.2 28.6 69.2 $2.6 1.7 3.5 8.2 6.0 12.8 Let sales be the independent variable and earnings be the dependent variable. a. Draw a scatter diagram. b. Compute the correlation coefficient. c. Determine the regression equation. d. For a small company with $50.0 million in sales, estimate the earnings. orting in several rec
a The scatter diagram is attached .
b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.
b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.
d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.
How to explain the workingEnter the data into a spreadsheet.
Company Sales (millions of dollars) Earnings (millions of dollars)
Papa John's International 89.2 18.6
Applied Innovation 18.2 4.4
Integracare 71.7 1.3
Wall Data 58.6 4.9
Davidson & Associates 46.8 4.6
Chico's FAS 42.0 2.6
Checkmate Electronics 36.0 2.2
Royal Grip 30.0 1.7
M-Wave 24.0 1.5
Serving-N-Slide 18.0 1.3
Daig 12.0 1.1
Cobra Golf 6.0 0.8
Step 2: Use the "Scatter" function to create a scatter diagram.
The scatter diagram shows that there is a positive linear relationship between sales and earnings.
Use the "Correlation" function to calculate the correlation coefficient.
The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.
Use the "Regression" function to calculate the regression equation.
The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.
Substitute 50 for x in the regression equation to calculate the estimated earnings.
When x = 50, y = 0.09 * 50 + 2.2 = 41.2.
Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.
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What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
Pacific Cruise Lines is a defendant in litigation involving a swimming accident on one of its three cruise ships.1. The likelihood of a payment occurring is probable, and the estimated amount is $1.14 million. 2. The likelihood of a payment occurring is probable, and the amount is estimated to be in the range of $0.94 to $1.14 million. 3. The likelihood of a payment occurring is reasonably possible, and the estimated amount is $1.14 million. 4. The likelihood of a payment occurring is remote, while the estimated potential amount is $1.14 million. Record the necessary entry for the scenarios given above.
Answer:
1. The likelihood of a payment occurring is probable, and the estimated amount is $1.14 million.
Dr Law suit loss 1,140,000 Cr Law suit liability 1,140,0002. The likelihood of a payment occurring is probable, and the amount is estimated to be in the range of $0.94 to $1.14 million.
Dr Law suit loss 940,000 Cr Law suit liability 940,000US GAAP allows companies to record probable losses at lowest estimated value.
3. The likelihood of a payment occurring is reasonably possible, and the estimated amount is $1.14 million.
no journal entry is required, only a disclosure in the footnotes of the financial statements.A contingent liability (or loss) that is only possible, but not probable, does not need to be journalized and recorded. It only needs to be disclosed in the footnotes of the financial statements.
4. The likelihood of a payment occurring is remote, while the estimated potential amount is $1.14 million.
no journal entry is requiredA contingent liability (or loss) that is remote, does not need to be journalized or recorded, nor included in the footnotes of the financial statements.
autumn company began the month of october with inventory of $35,000. the following inventory transactions occurred during the month: a. the company purchased inventory on account for $52,000 on october 12. terms of the purchase were 1/10, n/30. autumn uses the net method to record purchases. the inventory was shipped f.o.b. shipping point and freight charges of $700 were paid in cash. b. on october 31, autumn paid for the inventory purchased on october 12. c. during october inventory costing $21,000 was sold on account for $32,000. d. it was determined that inventory on hand at the end of october cost $66,180.
Required :
1. Assuming that the James Company uses a periodic inventory system, prepare journal entries for the above transactions including the adjusting entry at the end of October to record cost of goods sold. 2. Assuming that the James Company uses a perpetual inventory system, prepare journal entries for the above transactions
Net purchases made by the Autumn Business will total $51,480.
What sets the periodic and perpetual inventory systems apart?The periodic inventory system uses a physical count to determine inventory levels and selling prices on a regular basis. The permanent system updates the inventory balances automatically each time a product is received or sold, continuously keeping track of it.
What sets periodic notebook entries apart from permanent ones?The effect of a transaction on these accounts is recognized when the income from the sale is recorded under the perpetual system as opposed to the periodic system, which only updates the cost of goods sold and inventory accounts on a cyclical basis.
Under net method:
Purchase discount = Gross purchases × Purchase discount rate
= $52,000 × 1%
= $520
Net purchases = Gross purchases - Purchase discount
= $52,000 - $520
= $51,480
The following is the journal entry for the periodic inventory system:
OCT 12
Freight-in A/c Dr. $700
To cash $700
(to keep track of freight-in fees)
OCT 31
Accounts payable A/c Dr. $51,480
Interest expense A/c Dr. $520
To cash $52,000
(To document supplier payments made)
OCT 16
Accounts receivable A/c Dr. $32,000
To sales revenue $32,000
(a sales account record)
The following is the journal entry for the perpetual inventory system:
OCT 31
Merchandising Inventory (ending) A/c Dr. $66,180
Cost of goods sold A/c Dr. $21,000
To beginning inventory $35,000
To purchases $51,480
To freight-in $700
(to track the cost of the items sold)
Oct 12
Merchandising Inventory Dr. $51,480
To Accounts payable $51,480
(To document an account purchase of inventory)
Merchandising Inventory Dr. $700
To cash $700
(To document an account-based inventory transaction)
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A graphic designer needs a laptop for audio/video editing, and notices that they can elect to pay for a Dell XPS laptop, or lease from the manufacturer for monthly payments of each for four years. The designer can borrow at an interest rate of % APR compounded monthly. What is the cost of leasing the laptop over buying it outright?
Based on the information given, the cost of leasing the laptop over buying it outright will be $399.06.
The following can be gotten from the complete information:
Monthly payment required for lease= 79
Time in months = 4 years = 4 ˣ 12 = 48
Interest rate =7% = 0.07
The Monthly interest rate (i) will be:
= 0.07/12= 0.00583
Then, the present value of the lease will be calculated. This will be:
= [79 × (1-(1/(1+0.00583⁴⁸)] / 0.00583
= 3299.06
Therefore, the cost of leasing over buying will be:
= present value of lease - cost of buying
= 3299.06 - 2900
= $399.06
Therefore, the correct option is $399.06.
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You manufacture wine goblets. In mid- June you receive an order for 10,000 goblets from Japan. Payment of ¥400,000 is due in mid- December. You expect the yen to rise from its present rate of $1=¥107 to $1 to ¥120 by December 2020. You can borrow yen at 6% a year. What should you do?
Answer:
I will borrow yen at 6% a year.
Explanation:
a) Data and Calculations:
Payment for 10,000 = ¥400,000
Spot rate = $1 = ¥107
Forward rate = $1 to ¥120
Borrow ¥400,000, the interest cost = ¥24,000 = $224.30/2 (¥24,000/107) = $112.15 for six months
Value of ¥400,000 borrowed in dollars = $3,738.32 (¥400,000/107)
Loan Repayment of ¥400,000 in dollars = $3,333,33 (¥400,000/120)
Gain from forward contract = $404.99
Interest cost for borrowing = 112.15
Overall debt hedging gain = $292.84
By borrowing yen at 6% per annum, you will make an overall gain of $292.84. This is not comparable to the foreign exchange loss of $404.99 that you will incur without borrowing yen. Taking advantage of the the debt hedging, the supplier is able to save foreign exchange loss.
Consider the following potential events that might have occurred to Global on December 30, 2010. Global used $20.9 million of its available cash to repay $20.9 million of its long-term debt. Which of the following statements is correct?
a. Global used $20.9 million of its available cash to repay $20.9 million of its long-term debt.
b. A warehouse fire destroyed $4.8 million worth of uninsured inventory.
c. Global used $5.4 million in cash and $5.5 million in new long-term debt to purchase a $10.9 million building.
d. A large customer owing $3.5 million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment.
e. Global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 55%
f. A key competitor announces a radical new pricing policy that will drastically undercut Global's prices.
Answer:
a. Global used $20 million of its available cash to repay $20 million of its long-term debt.
Explanation:
If you could invent something what would it be
consults with an employee about her continuing education
An HR manager consults with an employee about her continuing education options is Training and development
What is the role of training and development in HRM?In order to help organisations achieve their strategic goals, training and development are essential components of human resource management (HRM). They do this by ensuring that employees have the abilities, knowledge, and skills required to do their jobs well. While development refers to broader learning opportunities that aim to improve an employee's overall skills and capabilities for future roles, training refers to the process of imparting specific skills or knowledge to employees to improve their performance on the job. Employees who participate in training and development programmes can learn new skills, increase their productivity, and show greater interest in their work. They can also aid businesses in luring and keeping top talent by offering chances for career advancement.
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PLEASE HELP ASAP!!
Be sure to use COMPLETE sentences when answering the following questions.
1. Compare the United States with the rest of the world, in land size, population and output of
goods and services.
2."One way to find out how our economy is doing is to compare output from year to year." What
does this statement mean?
Answer:
it means to calculate numbers of things exported
Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.
What is fraud ?
Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.
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Assuming that all other factors remain unchanged, determine how a firm’s breakeven point is affected by each of the following developments: a. The firm finds it necessary to reduce the price per unit because of competitive conditions in the market. b. The firm’s direct labor costs increase as a result of a new labor contract. c. The Occupational Safety and Health Administration requires the firm to install new ventilating equipment in its plant. (Assume that this action has no effect on worker productivity.)
Answer:
a. Increases
b. Increase
c. Increase
Explanation:
a. If the firm reduces the price at which they sell their product, it would mean that less revenue will come in. As the breakeven point refers to the point where Revenues are equal to expenses, that point will have to increase because more products will have to be sold to make enough revenue to match the expenses.
b. The breakeven point as earlier mentioned is the point where Revenue equals expenses. If the expenses rise then the company would need to sell more products in order to make more revenues to enable it match the expenses. Breakeven point will therefore rise.
c. With new ventilating equipment being installed, it means that the machine will have to be depreciated every period. This is a fixed expense which will increase total expenses. More revenue will be needed to get to the breakeven point which means that the breakeven point will increase.
Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $111,000; Allowance for Uncollectible Accounts = $2,100 (debit). On December 31, 2021, Southwest estimates uncollectible accounts to be 20% of accounts receivable.
The question is not specified but most probably requires the calculation and recording of the Bad debt expense for the month.
The relevant journal entry is:
Date Account Title Debit Credit
Dec. 31 Bad debt expense $24,300
Allowance for Uncollectible Accounts $24,300
Uncollectible account = 20% of Accounts receivable
= 20% x 111,000
= $22,200
Bad debt expense = Uncollectible accounts + Allowance for Uncollectible Accounts
= 22,200 + 2,100
= $24,300
As an expense, bad debts will be debited to an expense account to show it is increasing. The Allowance account will be credited as a liability account.
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Would you lend money to her for her new vehicle? Coralina blue
Answer:
Yes I would, depending on the relationship we have.
anyone mind helping me by checking if it’s right and correct them? thank you so much!
Consider the following T-account for cash.
1. Compute the balance of the cash account.
2. Specify which of the following cash transactions would have resulted in the $4,000 posting to the account. (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
Receiving cash from customers
3. Specify which of the following cash transactions would have resulted in the $1,700 posting to the account. (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
no random answers please ty
a) The computed cash account debit balance based on the T-account is $5,100.
b) The cash transactions that would have resulted in the $4,000 posting to the cash account include:
Receiving cash from customersIssuing stock (for cash)Borrowing moneySelling assets (for cash).c) The cash transactions that would have resulted in the $1,700 posting to the cash account include:
Paying cash for suppliesPaying cash for utilitiesPaying cash for rentPaying cash for equipmentPaying cash for employees salariesPaying cash for dividends.What transactions are posted to the cash account?Only cash transactions are posted to the cash account.
The transactions include receipt of cash (debited) and payment of cash (credited).
T-accounts are general ledger accounts in the form of the letter T showing the debit and credit sides.
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When must you wash your hands
Answer:
Before, during, and after preparing food. Before and after eating food. Before and after caring for someone at home who is sick with vomiting or diarrhea. Before and after treating a cut or wound.
wash your hands before and after always and preferably with antibacterial soap
money management involves ?
1.) making a plan for how money will be used.
2.) creating a budget.
3.) sticking to a budget.
4.) all of these choices are correct.
Money management involves all of these choices are correct.
The money management refers to how you handle of your finances, from budgeting to investing, to saving and setting goals.
The money management is making a plan for how money will be used. It's an effective way to manage your money and get to know, where should you have invest it.
The money management involves creating a budget that will help tp predict your monthly plan without any stress.
The money management involves sticking to a budget is showing your money you are in charge.
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Company A has 800 employees, and it decides to grant each of the employees 50 share options as part of its new rewards plan. The options are exercisable over 5 years and subject to a 3-year service condition. The fair value of each option at the grant date is $16. The company estimates that 80% of its employees will meet the service condition required for receiving the options. Calculate the total share-based payment expense for Company A assuming that 80% of the employees actually meet the service condition.
The total share-based payment expense for Company A is mathematically given as
TS= $512,000.
What is the total share-based payment a expense for Company A?let number of Employees satisfying service condition be x
Hence
x= 800* 0.8
x=640.
let the total No of options Estimated to be exercised be y
y= 640*50
y=32000.
Generally, the equation for Total Share is mathematically given as
TS= The total number of options expected to be exercised Muiltiplied by Fair value
Therefore
TS= 32000* 16
TS= 512,000.
In conclusion, the total share-based payment expense for Company A
TS= $512,000.
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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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It is an attempt to combine separate economies into larger economic region.
Answer:
economic integration I believe
14. Government budget deficit and the market for loanable funds
I have completed the following problem on government budget deficit and the market for loanable funds...is this correct?
1) Note that the immediate effect of large government budget deficits on the bond market is typically an increase in bond yields as investors demand higher returns (increase in price) to compensate for the increased supply of bonds.
2) With regard to the market for loanable funds, there is typically an increase in interest rates when there are large government budget deficits.
What is the rationale for the responses above?1) Note that the reason why investors will increase the margin expected on their investments is that they know there is a huge demand from the government for their capital. The capital here is the amount being raised by the government when they sell bonds.
2) The scenario in II occurs as the government competes with private borrowers for a limited supply of loanable funds, driving up the cost of borrowing. Note that the increased government borrowing can also lead to inflationary pressures, further pushing up interest rates.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Question 4/5
What is the difference between gross and net pay?
Gross pay is before taxes are subtracted but net pay
is after taxes are taken out.
Gross pay is after taxes are subtracted but net pay
is before taxes are taken out.
Net pay is a salary and gross pay is from hourly
wages.
Gross and net pay are basically the same things.
Answer:
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay. Employers who familiarize themselves with these two terms are often better equipped to negotiate salaries with workers and run payroll effectively.
Explanation:
Rewita pokhrel
Gross pay is before taxes are subtracted but net pay is after taxes are taken out. Therefore, option B is correct.
What is gross pay and net pay ?The difference between gross pay and net pay is that gross pay refers to the total amount of salary or wages earned by an employee before any deductions, while net pay refers to the amount of salary or wages that an employee receives after deductions such as taxes, social security contributions, and other withholdings have been taken out.
Gross pay refers to the total amount of salary or wages that an employee earns before any deductions are made. This includes any overtime pay, bonuses, or other compensation that an employee is entitled to receive. Gross pay does not take into account any taxes or other deductions that are required by law.
Net pay, on the other hand, refers to the amount of salary or wages that an employee receives after all deductions have been taken out. This includes deductions for taxes, social security contributions, health insurance, and any other withholdings that are required by law or agreed upon by the employee and employer.
Hence, option B is correct.
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A buyer and seller have a serious disagreement regarding a defect in the swimming
pool. The buyer gives up and demands the deposit back. The seller disagrees and
demands the earnest money as liquidated damages. What should the broker do?
The broker will treat real estate as deposits as liquidated damages.
What is demand?Demand is the consumer's intention to buy a specific product or service.
The demand for a specific good on the market is known as market demand. The total demand for goods and services in the economy is known as aggregate demand. The price of an item or service is determined by how well supply and demand match. Recognizing the idea of demand.
Thus, the buyer demand for money has void.
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CSelect the items from this list that are examples of misconceptions.
A high school student is too young to have a budget.
A bank is not a safe place to keep your money.
Buy stock before you have a steady income.
After high school, there is no need to become more educated.
Save your money as soon as you have a full-time job.re the deadline.
Anyone know the answer to this question
Answer:
b
Explanation:
fixed and variable cost