Answer:
Signature Appliance Group
The environmental force that caused the company to change its product features is:
the Social and Cultural Environment.
Explanation:
The Social and Cultural Environment refers to the changing needs of customers in South America as a result of the values, attitudes, and preferred styles of consumers. These are always in a state of flux every year. Since customers preferred to grill outside rather than inside their kitchens, adding the grill unit in the ovens that the company sells in South America will not enable customers to choose its ovens over competitors'. To respond to the stated needs of its customers, the grill must be removed, thereby reducing the cost of the ovens.
Answer:
The perpetuity payment per year was $2030
Explanation:
A perpetuity is a series of cash flows that are constant, occur after equal intervals of time and are for infinite period of time or are perpetual. Thus, it is like and annuity but with an infinite time period. The formula for the present value of of perpetuity is,
PV of Perpetuity = Cash Flow / r
Where,
- r is the required rate of return
As we already know the present value of perpetuity and the required rate of return, we can input these values in the formula to calculate the annual perpetuity payment or cash flow.
29000 = Cash Flow / 0.07
29000 * 0.07 = Cash Flow
Cash Flow = $2030
Answer: Please see explanation column for answers
Explanation:
A) Amount refund owed to customer=
Sale of item - discount on item
=$28000- ($28000 x 2%) = $27,440
B)Journal of the entries made by the seller to record refund
Dr Sales Returned and allowances - $28,000
Cr Sales Discount $560
Cr Cash $27,440
c) Journal of the entries made by the seller to record return of merchandise
Cr Merchandise Inventory-$16,800
Dr Cost of Merchandise Sold -$16,800
The consumer confidence index published by the conference board measures consumer <u>a. sentiment</u>.
The confidence index is posted by means of the conference Board and measures investor outlook on the financial system and the markets - hence it is a measure of patron sentiment.
The confidence index will tell you how positive you may be that your remedy may have an equal effect (as befell in your experiments) on the whole population. it is a conference for scientists to document their facts with a p-value, and even though it is much like a confidence index, it is not identical.
A patron self-belief index (CCI) is an economic indicator posted through numerous agencies in numerous countries. In easy terms, elevated customer confidence shows a financial increase in which clients are spending cash, indicating higher consumption.
Learn more about the confidence index here brainly.com/question/4300488
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Answer:
Can SPI sue Med-Express in an Illinois court? Why or why not? Which statute (rule) applies here?
Yes, SPI can sue Med-Express in an Illinois court due to the minimum contacts doctrine. This is an actual court case that the North Carolina Court of Appeals ruled in favor of SPI. The minimum contacts rule states that in order for a business to be sued in another jurisdiction it must have maintained minimum contacts with residents of that state. Minimum contacts may include making business with individuals or companies that reside in the other state, visiting the other state or incorporating in the other state. In this case, Med-Express made business with SPI, and SPI is a resident of Illinois.