Answer:
Hidden Valley's Asset Turnover = 1.6
Explanation:
Average Total Asset = (Total Assets at the beginning of the year + Total Assets at the end of the year)/2
Average Total Asset = (450,000+550,000)/2
Average Total Asset = 1,000,0000/2 = 500,000
Asset Turnover = Net Sales / Average Total Asset
Asset Turnover = 800,000/500,000
Asset Turnover = 8/5
Asset Turnover = 1.6
Answer:
Matching the correct global market entry strategy with:
1. Moodmatcher lipstick = b. Direct Exporting
2. Boeing = b. Direct Exporting
3. Yoplait = d. Franchising
4. McDonald's = d. Franchising
Explanation:
a) Global market entry strategies;
a. Indirect Exporting
b. Direct Exporting
c. Licensing
d. Franchising
e. Joint Venture
f. Direct Investment
Most of the globalized entities enter the global market space through direct exports to consumer countries. Some others engage in licensing and franchising, joint venture and indirect exports of their products and services to non-domestic countries. Huge revenues are earned through global trades. Some companies like MTN headquartered in South Africa earn more revenue in foreign markets than in their domestic markets.
The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
Learn more about on nominal rate, here:
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Answer:
$1,215 per customer
Explanation:
Add all costs:
Marketing Costs = $1,200
Sales Costs = $9,000
Salaries = $87,000
Total = $97,200
$97,200 divided by 80 new customers = $1,215 per customer
Answer:
The answers are:
1. combined producer surplus = $69
2. Alice and Amber (b)
Explanation:
A producer surplus is the difference between how much a producer sells a product in the market, and how much he is willing to sell the product for, if the market price is higher than the price he was willing to sell the product for.
The combined producer surplus of the ladies is the sum of their individual producer surpluses, and it is calculated as follows;
Alice: willing price = $35, market price = $70, therefore surplus
= 70 - 35 = $35
Amber: willing price = $38, market price = $70, ∴ surplus = 70 - 38 = $32
Andy: willing price = $68, market price = $70, ∴ surplus = 70 - 68 = $2
Combined producer surplus = 35 + 32 + 2 = $69
b. In this case the price of the 5 inch pot in the market is $45, Alice and Amber will sell their pots because the price in the market exceeds their willing price of $35 and $38 respectively and they will make producer surpluses of $10 and $7 respectively, but Andi on the other hand will not sell her pot because if she does, she will make a loss, as her willing price is $68 and the market price is $45, if she goes ahead to sell she will incur a loss of $23.
