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VMariaS [17]
3 years ago
3

Which mission statement best represents the Chester company? Select: 1 Innovation meets revolution. We create value for our cust

omers through breakthrough designs that lead to unique high-performance products. Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments. Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments. Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers can count on.
Business
1 answer:
miv72 [106K]3 years ago
5 0

Answer:

<u>Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments.</u>

Explanation:

Mission is the reason a company exists. It is the statement of your goals and marketing position. The alternative that best fits the organization's mission statement is this, as it is a clear demonstration of the company's strategic positioning, which aims to increase consumer access to its products. The added benefits of adopting Baldwin's strategy is increased demand due to increased product availability in various market segments and due to affordability and quality reliability that the company adopts in marketing its products. To ensure such benefits, it is ideal for the company to improve its production and quality processes and to effectively manage costs so that it is passed on to the consumer in the manner provided for in its mission.

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Lew Co. sold 200,000 corrugated boxes for $2 each. Lew's cost was $1 per unit. The sales agreement gave the customer the right t
Harlamova29_29 [7]

Answer:

a) $170,000

Explanation:

Total Sales = 200,000 X 2 = 400,000

-Sales Return = 400,000 X 5% = 20,000

=Net Sales = 380,000

-Cost of corrugated boxes = 200,000 X 1 = 200,000

=Gross Margin = 180,000

-Additional Cost = 10,000

=Operating profit = 170,000

8 0
4 years ago
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has
swat32

Answer:

debit to treasury stock for $90,000

Explanation:

Vermont corporation

Purchased × Shares of treasury stock per share

Purchased 3,750

Shares of treasury stock for $24 per share

Hence:

Purchased 3,750 × shares of treasury stock for $24 per share

=$90,000

Therefore journal entry to record the purchase of the treasury shares on february 1 would include a debit to treasury stock for $90,000

4 0
3 years ago
Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
xeze [42]

The organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD.

<h3>What is Small Business Association?</h3>

A Small Business Association are agencies that provides resources (like capital, skill, advice) to small businesses for innovation, growth etc

SCORE, VBOC and WBC are all agencies that provide free mentoring services, free training, loss-cost training, counseling etc

Hence, the organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD

Therefore, the Option A is correct.

Read more about Small Business Association

<em>brainly.com/question/2072884</em>

6 0
3 years ago
A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years? Round the
Alex787 [66]

Answer:

9100

Explanation:

7 0
3 years ago
If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in it
Rasek [7]

The duration gap is calculated by subtracting the duration of the liabilities from the duration of the activity of the financial entities. Thus, in this case, the net worth of  1.8 percent of its assets.

<h3>What do you mean by Duration Gap?</h3>

Duration Gap refers to the term used by funds, banks, pensions, or many financial institutions to estimate the risk because of changed interest rates.

Also, if we have a negative duration gap means that the market value of equity will increase when interest rates rise.

Thus, in this case, If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of 1.8 percent of its assets.

Learn more about Duration gap here:

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8 0
3 years ago
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