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max2010maxim [7]
3 years ago
5

If ERS had an incremental increase in revenue of $100,000, based on the net profit margin computed, what is the additional poten

tial profit

Business
1 answer:
romanna [79]3 years ago
3 0

Answer:

The first part of the question was missing, so I looked for it:

total revenue = $934,500

net income = $62,260

net profit margin = (net income / total revenue) x 100 = ($62,260 / $934,500) x 100 = 6.662%

if revenue increases by $100,000, then net income should increase by:

$100,000 x 6.662% = $6,662

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Assume for a moment that Sue, the owner of Camp Bow Wow in Colorado, said that she was looking to provide constantly evolving an
Llana [10]

Answer:

c. differentiation through product innovation

Explanation:

  • This would be an example of a differentiation through product innovation strategy because She is constantly looking for an evolving project and at the same time no other organisation has provided this product, which is an example of differentiations with leadership .        
  • so correct option is c. differentiation through product innovation
7 0
3 years ago
Victorinox is the name of the company that manufactures Swiss army knives. As a result of new regulations governing what passeng
Veseljchak [2.6K]

Answer: contingency plans

Explanation:

A contingency plan is a plan that's designed in order to take into consideration ever possible event or circumstance that may occur in the future.

The aim of a contingency plan is to help an organization hat back to its feet as soon as possible when an unforeseen event o circumstance happens.

5 0
3 years ago
Crane Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses the deb
FinnZ [79.3K]

Answer:

Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles.

  • Dr Patents 387,900
  •     Cr Intangible assets 387,900

  • Dr Goodwill 341,000
  •     Cr Intangible assets 341,000

  • Dr Franchises 421,000
  •     Cr Intangible assets 421,000

   

  • Dr Copyright 145,200
  •     Cr Intangible assets 145,200

  • Dr Research and development expense 211,000
  •     Cr Intangible assets 211,000

Make the entry as of December 31, 2020, recording any necessary amortization:

  • Dr Patents 387,900
  •     Cr Intangible assets 387,900
  • Dr Amortization expense 43,100
  •     Cr Accumulated amortization - Patents 43,100

  • Dr Goodwill 341,000
  •     Cr Intangible assets 341,000

  • Dr Franchises 421,000
  •     Cr Intangible assets 421,000
  • Dr Amortization expense 42,100
  •     Cr Accumulated amortization - Franchises 43,100

   

  • Dr Copyright 145,200
  •     Cr Intangible assets 145,200
  • Dr Amortization expense 29,040
  •     Cr Accumulated amortization - Copyright 29,040

*R&D costs are expenses, they are not amortized.

Reflect all balances accurately as of December 31, 2020.  Use straight-line amortization .

  • Patents $344,800
  • Goodwill $341,000
  • Franchises $378,900
  • Copyright $116,160
4 0
3 years ago
Purchasing a diamond represents ________ because consumeres buy diamonds infrequently and have no estabilished criteria for eval
Vesnalui [34]

Answer: Purchasing a diamond represents <u>Extensive problem solving </u>because consumeres buy diamonds infrequently and have no estabilished criteria for evaluating them

Explanation:

<u>Extensive problem solving is </u>the process of a customer trying to get all the information they need in order to be able to buy a product . This is likely to occur when the customer is purchasing a product that they have not bought before.

7 0
3 years ago
When is the best time to consider diversification for a company? A. The company has strong competitive position in its industry
Advocard [28]

Answer: A. The company has strong competitive position in its industry and industry growth is sluggish.

Explanation: Diversification is best done from a position of strength, a company should be doing well in its current industry and market before considering diversifying. A company having strong competitive position in its industry and when there is a sluggish growth in that industry, the company can diversified.

Diversification in corporate is a strategy that a company implement to increase market shares and sale volume by introducing new product in another industry and market different from the one they are operating.

5 0
3 years ago
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