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3 years ago

Nokia’s loss of market share of U.S. cell phone business is a result of __________

Business

1 answer:

Kipish [7]3 years ago

7 0

Answer:

The correct answer is: conscious strategic decisions made by the company.

Explanation:

Finnish Company Nokia reported a $1,36 billion loss in sales by 2009 because of the decrease of 20% in sales worldwide during that year and 25% only in the United States the previous year. Even if the company is trying to recover nowadays, the emerging of new technology and competitors is still a struggle for the firm. Back in 2009, they were forced to give up part of their market share in order to restructure the company. This represents a well-thought strategy carried out by them if they wanted to still be in the business.

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Lester's just signed a contract that will provide the firm with annual cash inflows of $28,000, $35,000, and $42,000 over the ne

Free_Kalibri [48]

Answer:

$64,474.20

Explanation:

As for the information provided,

discount rate = 7.25%

First payment will be made at the end of year 1

Discounting factor = $\frac{1}{(1+0.0725)^1} = 0.9324$

Thus, current value of payment = $28,000 \times 0.9324$ = $26,107.20

Discounting factor for receipts =

Year 1 = $\frac{1}{(1+0.0725)^1} = 0.9324$ = $28,000 $\times$ 0.9324 = 26,107.20

Year 2 = $\frac{1}{(1+0.0725)^2} = 0.8694 = 35,000 \times 0.8694 = 30,429$

Year 3 = $\frac{1}{(1+ 0.0725)^3} = 0.8106 = 42,000 \times 0.8106 = 34,045.20$

Therefore, value of contract today = - $26,107.20 + $26,107.20 + $30,429.0 + $34,045.20 = $64,474.20

5 0

4 years ago

American Chip Corporation’s reporting year-end is December 31. The following is a partial adjusted trial balance as of December

guajiro [1.7K]

Answer:

Explanation:

The closing entry for the following accounts are shown below:

1. Sales Revenue A/c Dr 760,000

Interest Revenue A/c Dr $3,500

To Income Summary $763,500

(Being revenue account closed)

2. Income summary A/c Dr $593,200

To cost of goods sold $425,000

To Interest Expense $5,100

To Salaries Expense $110,000

To depreciation Expense $31,000

To Rent Expense $16,000

To Insurance expense $6,100

(Being expenses accounts are closed)

3. Income summary A/c Dr $170,300

To Retained earning $170,300

(Being the difference is credited to retained earning)

The retained earning is computed by

= Number 1 - Number 2

= $763,500 - $763,500

= $170,300

5 0

3 years ago

Ada signed a simple discount promissory note for $5,500. the discount rate is 12%, and the term of the note is 5 months. what ar

Ivahew [28]

<span>Given that, Promissory note A = 5,500 Discount rate i = 12% i = 12/100 Term n= 5 months we know that, 1 year = 12 months 5 months= 5/12 So we get, A = 5,500 i = 12/100 n= 5/12 To find the ada's proceeds on the loan formula is, Proceeds=A(1+i)^n ........... (1) Put the value of A,i,n in equ (1) Proceeds=5500(1+12/100)^5/12 =5500(1+0.12)^0.417 =5500(1.12)^0.41667 =5500(1.04835) Proceeds=5765.94 Therefore $5765.94 Proceeds on the loan</span>

3 0

3 years ago

Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car Gwen 2

antoniya [11.8K]

Answer:

3. cannibalization

Explanation:

This term refers to the situation were sales or the market share of a product are reduced because another product is introduced by the same company.

5 0

4 years ago

The three primary reasons startups need funding are _____.

Ierofanga [76]

The three key reasons startups require funding are attorney fees, capital investments, and marketing research.

<h3>What is a Start-up?</h3>

A startup is a company that is still in its initial stage of operation. The initial stages of operation require significant investment in attorney fees, Capital investment, and marketing research.

In most cases, a startup is created by one or more entrepreneurs who have a vision or a goal to solve a business problem.

Learn more about Start-ups at:
brainly.com/question/25881160

4 0

2 years ago