Answer:
B) $1,600
Explanation:
The ending cash surrender = total premiums paid - total amount charged to insurance expense = ($2,000 x 4 years) - ($2,000 + $1,800 + $1,500 + $1,100) = $8,000 - $6,400 = $1,600
In this case, a larger portion of the premiums paid are allocated to investments related to the life insurance.
This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
(900)(70) = (x)(40)
The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches.
Answer:
Marketing intermediaries:
tend to increase the number of exchange relationships producers and consumers must deal with in order to buy and sell goods.
Explanation:
Marketing intermediaries, otherwise called middlemen, are independent firms whose functions are necessary in the free-flow of goods and services from producers to end-users. Some of the marketing intermediaries are agents, wholesalers and retailers. Others include marketing services agencies, physical distribution companies, and financial institutions. Without their help, there would be inefficiency in the production and distribution of goods and services, as they smoothen distribution access.
Answer:
$1,197,658
Explanation:
The computation of Total Cost at activity level of 10,100 Units is shown below:-
Variable Cost per Unit = Variable cost ÷ Number of units
= $919,116 ÷ 9,900
= $92.84
Total Variable Cost at activity level of 10,100 Units = Variable Cost per Unit × Number of units
= $92.84 × 10,100
= $937,684
Total Cost at activity level of 10,100 Units = Fixed cost + Total Variable Cost at activity level of 10,100 Units
= $259,974 + $937,684
= $1,197,658
Therefore we have applied the above formula.
Group of answer choices.
A. what & how; why.
B. why; who & what.
C. how; what & why.
D. what; how & why.
E. why; what & how.
Answer:
D. what; how & why.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
Vision is an ideal future conditions that aligns with the purpose for which an organization or business is in operation. Thus, it's a path that guides an organization into achieving a certain height in the future.
Basically, a vision statement answers the question of what an organization would want to be, by combining its current and future objectives.
On the other hand, a mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.
In conclusion, you should explain that the vision is the what and the mission is the how and why for the company.