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4 years ago

Because customers participate directly in the service process, the success of technological innovation is dependent upon:

1 answer:

5 0

<span>Because customers often participate directly when it comes to the service process, the success of any technological innovation is highly dependent on customer acceptance. This means that if the customers don't like the product or something about it, a technological innovation will not find a place in the main stream and will be unable to succeed.</span>

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Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow

Rudiy27

Answer:

Net income will be $352,500 more if the company continues with Luxury watches only.

Explanation:

Since the company discontinues Sporty watches operation, the company's variable cost is decreasing. However, the fixed expenses remain same as the company will use the space for producing Luxury watches. The effect of operating income will be as follows:

Westfall Watch

Income Statement (Contribution Margin approach)

Particulars $

Sales Revenue [$400,000+(400,000 x 250%)] 1,400,000

Less: Variable expenses

[$255,000 + ($255,000 x 250%)] (892,500)

Contribution Margin 507,500

Less: Fixed Cost (80,000)

Net Income 427,500

Therefore, the net income will be $427,500 which is $(427,500 - 75,000) = $352,500 more.

7 0

3 years ago

A _____ maintains limited liability but offers more flexibility in terms of tax treatment than other forms of business ownership

yarga [219]

It seems that you missed the given choices for this question. But the answer that would complete the given statement above is LIMITED LIABILITY COMPANY. A limited liability company <span>maintains limited liability, but offers more flexibility in terms of tax treatment than other forms of business ownership. Here are the other options: Sole Proprietorship, corporation and limited liability partnership. </span>

8 0

3 years ago

If a 30% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for

Aleks04 [339]

Answer:

The correct answer is: Zero, Option c.

Explanation:

The price elasticity of demand shows the change in the quantity demanded of a commodity due to a change in the price of the commodity.

The cross-price elasticity is the change in the quantity demanded of a product because of a change in the price of related good.

The cross-price elasticity is calculated by finding the ratio of proportionate change in quantity demanded and proportionate change in price.

Cross-price elasticity in this situation will be

= $\frac{\% \Delta Qy}{\% \Delta Px}$

= $\frac{0}{30}$

= 0

The cross-price elasticity is zero. This implies that the two goods have no relation.

5 0

4 years ago

Company Pea owns 90 percent of Company Essone which in turn owns 80 percent of Company Esstwo. Company Esstwo owns 100 percent o

ankoles [38]

Answer:

Company Pea

Consolidated financial statements should be prepared to report the financial status and results of operations for:

Essone - 90%

Esstwo = 72% (90% x 80%)

Essthree = 72% (90% x 80% x 100%)

Explanation:

Company Pea is described as the holding or parent company of Company Essone. This means that Essone is Company Pea's subsidiary. In preparing consolidated financial statements to report the financial status and results of operations for Company Essone, Company Pea will consolidate 100% of Company Essone while accounting for noncontrolling interest of 10% (effectively 90%).

When Company Essone is consolidating its financial statements, it should consolidate 80% of Company Esstwo while Esstwo consolidates 100% of Company Essthree.

But since Essthree is also a subsidiary of Company Pea, Company Pea will consolidate Esstwo and Essthree's financials to the tune of 72% respectively, while consolidating 90% of Essone's.

8 0

3 years ago

In antonio accepts the offer of the canadian grocery to sell his american-made pasta in canada, he will be:

Murljashka [212]

The process that Antonio is engaging to as he accepts the offer of Canadian grocery of having to sell his American-made pasta in Canada is exporting. This is a means of having to send out the services or goods to another country.

7 0

4 years ago