Answer: Tina doesn't have a standing
Explanation:
From the information given in the question, we are told that Consumer Goods Corporation sells products that are poorly made.
We are further told that Tina, who has never bought a product from Consumer Goods, files a suit against the firm alleging that its products are defective.
The firm could ask for dismissal of the suit on the basis that Tina doesn't have a standing. This is because Tina has never bought their goods before and therefore shouldn't be alleging that the product of the company is bad. Assuming Tina has bought their products before, then it'll have been harder for the firm to ask for dismissal.
For years, Ferrari has been known as the manufacturer of expensive luxury automobiles. The company plans to attract the major segment of the car-buying market who purchase medium-priced automobiles. As Ferrari considers this trading-down strategy.
Required:
a. What branding strategy would you recommend?
b. What are the trade-offs to consider with your strategy?
c. In your opinion, should Ferrari pursue this trading-down strategy?
Answer:
Answer to each part of the question is given below separately under specific headings with detailed explanation.
Explanation:
a) Branding strategy recommendation
The branding strategy they should opt is a multi-branding strategy, in which a company's objective is to market more than one product and/or brand under the same hood in order to increase their overall market share. This strategy is somewhat used by other known car manufacturers such as Toyota (Lexus), Honda (Acura) etc.
b) Branding strategy trade-offs
The trade-off with this strategy is that the attention of Ferrari would be diverted from their main market segment and therefore, they will not be providing new products to the luxury market.
This will give the other companies in the same market segment the opportunity to increase their market share in the same segment.
c) Opinion on the trading-down strategy
It is fairly a risk for Ferrari to opt for the trading down strategy. This is due to the fact that their main market and objective is the luxury market to buy their expensive cars. Focusing on the new strategy could hurt their brand equity and this may impact their loyal buyers.
However, such could be avoided if they market this strategy with a foreign brand name and promote the name under the Ferrari hood by saying that the foreign brand has been designed by the Ferrari. Keeping the original Ferrari name and objective separate from this brand.
Company Y's bonds make semi-annual coupon payments of $55 each, have a par value of $1000, a current price of $1198.02, and a YTM of 7.5%. How many years until the bonds mature?
Answer:
7.5 years
Explanation:
Calculation for how many years until the bonds mature
First step is to find the Number of periods using financial calculator:
I/Y = 7.5/2 = 3.75
PV = -1198.02
PMT = 55
FV = 1,000
Press CPT, then N, which will gives us 15
Number of periods = 15
Second Step is to calculate the number of years to maturity
Using this formula
Number of years to maturity = Number of periods / Number of compounding periods in a year
Let plug in the formula
Number of years to maturity= 15/2
Number of years to maturity= 7.5 years
Therefore how many years until the bonds mature will be 7.5 years
Nervous Norman holds 70% of his assets in cash, earning 0%, and 30% of his assets in an insured savings account, earning 2%. The expected return on his portfolio Group of answer choices is 1%. cannot be determined without knowing what the dollar value of his assets is. is 2%. is 0.6% is 0%.
Answer: 0.6%
Explanation:
The expected return is a weighted average of the returns of the assets invested in.
70% is invested in cash which earns 0%
30% is in a savings account earning 2%
Expected return = (70% * 0%) + (30% * 2%)
= 0% + 0.6%
= 0.6%
Sheridan Corp is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If these bonds have a market price of $985.63, what yield to maturity can she expect to earn?
Answer:
The annual YTM will be = 0.063496 or 6.3496% rounded off to 6.35%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the semi annual coupon payment in case of semi annual bondF is the Face value of the bond P is the current value of the bond n is the number of semi annual periods to maturity in case of the semi annual coupon bond
Assuming that the face value of the bond is $1000.
Coupon payment - semi annual= 1000 * 0.05825 * 6/12 = 29.125
Number of semi annual periods = 3 * 2 = 6
YTM - semi annual= [ (29.125 + (1000 - 985.63 / 6)) / (1000 + 985.63 / 2)
YTM - semi annual= 0.031748 or 3.1748% rounded off to 3.17%
The annual YTM will be = 0.031748 * 2 = 0.063496 or 6.3496% rounded off to 6.35%
Project L costs $70,000, its expected cash inflows are $16,000 per year for 8 years, and its WACC is 13%. What is the project's discounted payback?
Answer:
6.89 years
Explanation:
The discounted payback period can be calculated by using the following table
Year Cash flows PV(13%) Cumulative Cash flows
0 (70000) (70000) (70000)
1 16000 14159.29 (55840.71)
2 16000 12530.35 (43310.36)
3 16000 11088.80 (32221.56)
4 16000 9813.10 (22408.46)
5 16000 8684.16 (13724.30)
6 16000 7685.10 (6039.20)
7 16000 6800.97 761.77
8 16000 6018.56 6780.33
Discounted Payback = 6 years + 6039/ 6801
Discounted Payback = 6.89 years
Chrissie and Mirinda want to form a corporation. Chrissie contributes property worth $750,000 and a basis of $500,000 in exchange for stock worth $750,000 and Mirinda contributes services in exchange for stock worth $250,000.
Does this qualify as a good Section 351 transaction?
What gain does Chrissie Recognize?
What gain does Mirinda recognize?
Answer:
a. Does this qualify as a good Section 351 transaction?
Answer: No. This is because service is not a qualified property contribution under the section 321. Moreover, fair value of stock received by Chrissie is just 75% of 100%.
b. What gain does Chrissie Recognize?
Answer: The Gain Chrissie recognizes = FMV of stock received - Adjusted basis of transferred property = $750,000 - $500,000 = $250,000.
c. What gain does Mirinda recognize?
Answer: The Gain Mirinda recognizes is $0 or Mirinda will recognizes compensation worth which will be taxed as an ordinary Income ($250,000).
Select all that apply.
Common writing formats include:
research papers
memos
e-mails
jokes
Unilever CEO Paul Pulman believes that business decisions at Unilever should favor those that have both good economic and good social consequences. This idea is referred to as:______
a. competitive advantage
b. corporate social responsibility
c. strategic leadership
d. stakeholder analysis
e. ethical dilemma
Answer:
b. corporate social responsibility
Explanation:
Corporate social responsibility occurs when companies engage in social activities to help others and maximize their profits, as well as against social and economic consequences and against environmental conditions. so correct answer is b. corporate social responsibilityTrue or false: The main purpose of managerial accounting is to provide general-purpose financial statements
Answer:
False
Explanation:
managerial accounting is simply the sorting or gathering/preparing of accounting information that is to be used within a company. It help to ensure the organization's goals are met effectively and efficiently.
Functions of Management Accountant includes Planning(deciding on the long-term direction of the company e.g. making budget)
If you had a business that was growing but you needed a rather large infusion of cash to expand the business to meet demand (if you don't the demand will likely be met by competitors or open the door to new competitors) which type of financing would you choose and why? There is also the possibility of equity (stock) financing. The key is that if we finance a business by selling stock (equity financing) we give up some or a lot of control over the business.
Answer:
I would choose equity financing.
Explanation:
The reason is that in the first stages of a business, it is hard to obtain debt financing, even if the company is growing, because financial institutions assess risk, but also corporate perfomance in terms of liquidity, profitability, and efficiency, and these assessments may not be good enough in a young company for a financial institution to approve the loan.
For this reason, equity financing becomes a better alternative, even if some control of the company has to be given away. In order to reduce such control loss, a mix of common stock and preferred stock could be issued, with preferred stock holders having more entitlements to dividends, but no entitlements to corporate control.
The income statement of Trixle Motors Inc. is given to you. What is the net profit for the given period? A.
$1,600,000
B.
$ 43,500
C.
$1,665,600
D.
$1,556,500
Answer:
D.$1,556,500
Explanation:
Net profit is calculated by subtracting total expenses from total revenue.
In the case, total revenue is equal to sales revenue + interest revenue
=1,580,000 + 20,000
=1,600,000
Total expenses will be salaries + Rent + advertisement + repair
=26,000 + 6,000 + 7,000 +4500
=43,500
net profit = 1,600,000 - 43,500
net profit =1,556,500
Answer:
D.
$1,556,500
Explanation:
Guys Help me please :(
I:)) Give brainliest to those who help seriously
Provide your reflection on the statement below.
Mr. Greenspan did a very good job in early 1990s. But recently he's fallen prey to this crazy theory that prosperity causes inflation. So they're trying to slow the economy down by raising interest rates. It's like a doctor saying you're in great health, so we have to make you sick a little bit. It's bizarre theory. It's going to hurt our economy.
Answer:
g grfuuzuvgeddSduxfdydffbidneecc
what tax event must take place when a taxpayer receives a Form 1099-A?
Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their meanings.
increased visibility
increased efficiency
better quality
reduced cycle time
reduced process time in different areas
real-time status or availability of any process or product
faster execution of each process
high quality standards of products and processes
Answer:
Increased visibility- real-time status or availability of any process or product
increased efficiency - reduced process time in different areas
better quality- high-quality standards of products and processes
reduced cycle time-faster execution of each process
did get it right?
Which action might be considered an unethical response to a customer's
negative online review?
A. Reply to the complaint online explaining why the customer was
wrong.
B. Ask employees to ask friends who have used the product if they
would write a review.
C. Issue an apology to the customer in the comment section of the
review
D. Offer the customer money or product to remove it.
Answer:
d.
Explanation:
Offering the customer money or a product to remove that action might be considered an unethical response to a customer's negative online review. The correct option is D.
How do you deal with unethical behavior?Begin by informing new employees of the rules during orientation. Ensure that all new employees are conscious of the repercussions of policy violations. If an employee violates the code of conduct, refer to the code of conduct and take the necessary steps to warn or terminate the employee.
Ethical marketers understand emotions, while unethical marketers take advantage of them. This unethical marketing practice may include intentionally instilling rage or sadness in order to manipulate consumer decisions, employing fear tactics, targeting the poor, or duping customers into purchasing a product or service.
Thus, the ideal selection is option D.
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To help solve this problem, the expert in this passage
suggests that consumers
A.recycle their old cell phones.
B.stop purchasing cell phones.
C.refuse to buy cell phones made with coltan.
D.avoid using cell phones made in the Congo.
Answer:A. Recycle their old cell phones
Explanation:just took the test on edgeunity
Hildagard, an architect, earns $415,000 from her practice. She also receives $32,000 in dividends and interest from various portfolio investments. During the year, she pays $100,000 to acquire a 30% interest in a partnership that produces a $560,000 loss for the year. She has $20,000 of passive income from other sources. Compute Hildagard's AGI, assuming that:
a. She does not participate in the operations of the partnership. In this case, Hildagard's AGI is $ _________
b. She is a material participant in the operations of the partnership. In this case, Hildagard's AGI IS $ _________
Answer:
a) Hildagard's AGI = $415,000 + $32,000 = $447,000
b) Hildagard's AGI = $415,000 + $32,000 - ($560,000 x 30%) + $20,000 = $299,000
Explanation:
The maximum deduction for passive losses is $25,000 if your MAGI is lower than $100,000 and then it phases out completely if your MAGI is $150,000 or more.
Since Hildagard's income is much higher than $150,000, then she will not be able to deduct any passive losses (at least not this year). Passive losses will still offset any passive gains though.
If Hildagard materially participated in the partnership, then the losses can be deducted from her AGI.
What term is used to describe the process of developing the organization's objectives and translating those into courses of action
Answer:
Planning.
Explanation:
Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
Hence, planning is an attempt to develop organizational objectives, goals, and forecasting of consumer demands within the criteria set by product, production process and distribution methods i.e within the intermediate range of its capacity.
Business forms that have unlimited personal liability include
Answer:
sole proprietorship and partnership
Explanation:
They both have unlimited personal liability
In year 2008, Janet's firm is using a two stage dividend discount model (DDM) to find the intrinsic value of Smile White Co. Let the risk free interest rate is 4.5% and expected return of market is 14.5% and beta of the Smile White Co. is 1.15. In 2008, dividend per share is $1.72 for the company. Dividends are expected to grow at a rate of 12% per year for the next three years till 2011. After 2011 dividend growth rate will be at constant rate 9% per year indefinitely.
A. Calculate the required return by the market for Smile White Co. stock.
B. What was the intrinsic value of Smile White Co. stock when the analyst was evaluating the stock (that is in year 2008)?
Problem 2 (continued)
C. If the price of Smile White Co. was $35.00 at the time of this evaluation process in year 2008, was the stock overpriced or underpriced security considering the intrinsic value obtained by the two-stage DDM. What should be the trading strategy based on the evaluation.
Answer:
janet
Explanation:
its janet i think so
what is the reward of entrepreneur
Answer:
As an "entrepreneur" you can make money while doing things you like.
Explanation:
Taylor G can afford monthly payments of $425 to buy a new car. What price car could Taylor afford to buy with a 66 month loan at an annual interest rate of 4.4%.
Answer:
$24,872.66
Explanation:
Monthly payment= 425.00
Rate of interest = 4.40%
Number of years = 66/12 = 55
Annual Compounding = 12
Present Value is to be calculated
Present Value = Monthly payment * 1 - (1+r/n)^-n*t / r/n
Present Value = 425 * 1 - (1+0.044/12)^-12*5.5 / 0.044/12
Present Value = 24,872.6610
Present Value = $24,872.66
Taylor could afford $24,872.66 to buy the car with a 66 month loan at an annual interest rate of 4.4%.
ABC Ranch & Farm is a distributor of ranch and farm equipment. Its products range from small
tools, power equipment for trench-digging and fencing, grain dryers, and barn winches. Most
products are sold direct via its company catalogue and internet site. However, given some of its
speciality products, select farm implement stores carry ABC's products. Pricing and cost
information on three of ABC's most popular products are as follows
Item
Mini - trencher
Power fence hole auger
Grain/hay dryer
Standalone selling Price (Cost)
$3,600 ($2,000)
1,200 ($800)
14,000 ($11,000)
Respond to the requirements related to the following independent revenue arrangements for ABC
Ranch and Farm
a. On January 1,2019 ABC sells 40 augers to Mills Farm & Fleet for $48,000. Mills signs a
6-month note at an annual interest rate of 12%. ABC allows Mills to return any auger that
it cannot use within 60 days and receive a full refund. Based on prior experience, ABC
estimates that 5% of units sold to customers like Mills will be returned (using the most
likely outcomc approach). ABC's costs to recover the products will be immaterial and the
returned augers are expected to be resold at a profit
Required: Prepare the journal entry for ABC on January 1,2019 (6marks)
Answer:
1 - Notes Receivable (Dr.) $48,000
Refund liability (Cr.) $2,400
Sales Revenue (Cr.) $45,600
2 - Cost of goods Sold (Dr.) $32,000
Estimated inventory return (Cr.) $1600
Inventory (Cr.) $33,600
Explanation:
ABC Ranch and Farm has sold 40 auger at a price of $1200 per auger. The cost per auger is 800. There is an estimate of return of 5% of units sold so the estimated return of sales will be $2,400 which is recorded as refund liability. The sales revenue is recorded with reducing the refund liability.
At August 31, 2022, Carla Vista Company has this bank information: cash balance per bank $10,690; outstanding checks $840; deposits in transit $1,800; and a bank service charge $30. Determine the adjusted cash balance per bank at August 31, 2022.
Answer:
$11,650
Explanation:
The adjusted cash balance per bank at August 31 2022 is calculated as;
= Cash balance per bank - Outstanding checks + Deposits in transits
Given that;
Cash balance per bank = $10,690
Outstanding checks = $840
Deposits in transits = $1,800
= $10,690 - $840 + $1,800
= $11,650
Therefore the adjusted cash balance per bank is $11,650. It means that the cash balance per bank statement has to be adjusted to accommodate outstanding checks and deposits in transit. For outstanding checks , they are checks that have not yet been found on the bank statement , while deposits in transit are those deposits, that have not yet been found or appear on the bank statement.
Suppose a campus restaurant increases the number of workers it hires from 2 workers per day to 12 workers per day. As a result, it
total revenue increases from $90 per day to $600 per day.
Assuming that each worker is equally productive, whats the marginal revenue product per day of each additional worker?
Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, whats is the current weekly wage rate in the labor market?
Answer:
It will increase 12 workers per day and increase exponentially with 2 workers. It will also increase by $510 every day. The restaurant will gain more profit if each worker continues to keep their current weekly wage rate.
Explanation:
a. The marginal revenue product per day of each additional worker is $51 per day.
b. The current weekly wage rate in the labor market is $255.
a. Marginal revenue product per day
Using this formula
Marginal revenue product=Incremental revenue/Incremental workers
Let plug in the formula
Marginal revenue product=($600-$90)/(12-2)
Marginal revenue product=$510/10
Marginal revenue product=$51 per day
b. Current weekly wage rate
Weekly wage rate=$51×5 days
Weekly wage rate=$255
Inconclusion the marginal revenue product per day of each additional worker is $51 per day and the current weekly wage rate in the labor market is $255.
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June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20 per unit. During the current month, the company purchased 480 units at $20 each. Sales during the month totaled 360 units for $43 each. What is the number of units in the ending inventory
Answer: 200 units
Explanation:
Beginning inventory 80 units.
Company Purchases 480 units
Total 560 units
Sales (360 units)
Ending Inventory 200 units
200 units remain in Ending inventory.
Flores Company, which uses labor hours to apply overhead to manufacturing, may have increased amounts of underapplied overhead at month-end if:
Answer:
employees are hit hard with a widespread outbreak of the flu.
Explanation:
From the question,we are informed about Flor Company, which uses labor hours to apply overhead to manufacturing, may have increased amounts of underapplied overhead at month-end if employees are hit hard with a widespread outbreak of the flu.
The labour hour is those hours that employee needs to work in order to get his/her hourly wage so if employees are hit hard with a widespread outbreak of the flu then
Overhead (Current expenses uses in the running of that particular business at that time ) will reduce.
The Geostar Company, leading manufacturer of wireless communication devices, is considering three cost-reduction proposals in ts Setch job-shop manufacturing operations. The company hes already calculated rates of return for the three projects, along with some incremental retes of return, as given in Table.
A denotes the do-nothing alternative. The required investments are $420,000 for A $550,000 for A and $720,000 for A . If the MARR is 15%, what system should be selected?
Incremental Investment Incremental Rate of Return (%)
A1- Ao 18
A2- Ao 20
A3- Ao 25
A2- A1 10
A3- A1 18
A3-A2 23
Answer: Alternative 3 will be selected.
Explanation:
The system that should be selected is the alternative that is better than the other alternatives by being higher than MARR if selected.
First compare A1 to A0
The rate of return here is 18% which is higher than the MARR of 15% so Alternative 1 should be chosen over A0 which is to do nothing.
Compare A1 to A2
If A2 is chosen over A1, the incremental return is 10% which is less than the MARR of 15% so A2 should not be chosen over A1. A1 should instead be chosen over A2.
Compare A1 to A3
If A3 is chosen over A1 then the incremental return would be 18%. This is higher than the MARR of 15% so Alternative 3 should be chosen over Alternative 1.
Alternative 3 should be chosen over A1 which should be chosen over A2 and A0.
A3 will therefore be selected.
The GDP is one way to measure the size of a country's economy.
False
True
Answer:
It's true
Explanation:
on edge 2021
what is accountancy
