Answer:
Cost-leadership.
Explanation:
Cost leadership is a term used when a company projects itself as the cheapest manufacturer or provider of a particular product or commodity in a competition. It is difficult to deploy the strategy because the management must constantly work on reducing cost at every level to remain competitive.
Answer: 7 years
Explanation:
There are 50 lights and it will cost $50 to replace each light.
Total replacement cost is therefore;
= $2,500
The company gets to save $350 per year if they use LED bulbs.
= 2,500/350
= 7.14 years
= 7 years
Answer:
b. Debit Cash, $3,600; credit Unearned Legal Fees Revenue, $3,600
Explanation:
The journal entry to record the given transaction is as follows
Cash Dr $3,600
To Unearned legal fees revenue $3,600
(Being the collection is recorded)
Since the collection is made so we debited the cash account and credited the unearned legal fees revenue so that the correct posting could be made
Hence, the correct option is b.
Answer:
E: 6.34
Explanation:
First we solve for the PV of the next years dividends using the lump sum PV formula:
rate = 12%
Total of 5.8869
Then, this with the PV of the future dividends usign the gordon model should match 40 dollars.
so the PV of the indefinite sum of dividends should be: 40 - 5.8869 = 34.1131
\frac{Dividends_1}{return - growth} = Value
This is four years into the future thus, we discount as well for the rate of return We want ot knwo the value at the fourth year to solve for the grow rate:
34.1131 x 1.12^4 = 53.67762328
Now the formual for the gordon model requires next year dividends thus D0 x 1 + g and we don't know g so we have to operate to solve it:
The correct answer would be E
Answer:
Explanation:
They helps to boost economy of country and provides goods and services at reasonable price. On the other hand, it is competitor of many companies like superstore, save on foods etc