Aggregate demand is everything produced while simple demand is one good. Which statement reflects their similarity?

The best test of whether potential entry is a strong or weak competitive force is Select one: a. to ask if the industry's growth

timofeeve [1]

Answer:

The correct answer is letter "A": to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates.

Explanation:

The worldwide economy has allowed firms to expand their operations benefiting them by exploring new markets and increasing their number of customers, thus, generating more revenue. Before the firm decides to go ahead with the venture, a market analysis must be performed to determine if the industry in the target country is growing and facilitates the operation of the business to ensure profits.

8 0

3 years ago

Daniel Company uses a periodic inventory system. Data for the current year: beginning merchandise inventory (ending inventory De

Maslowich

Answer:

Results are below.

Explanation:

Under FIFO (first-in, first-out), the cost of goods sold is calculated using the cost of the firsts units incorporated into inventory.

COGS= 2,000*38 + 6,200*40= $324,000

Income statement:

Sales= 8,200*75= 615,000

COGS= (324,000)

Gross profit= 291,000

Tax= (291,000*0.3)= (87,300)

Net operating income= 203,700

Under the LIFO (last-in, first-out), the cost of goods sold is calculated using the cost of the lasts units incorporated into inventory.

COGS= 8,000*40 + 200*38= $327,600

Income statement:

Sales= 615,000

COGS= (327,600)

Gross profit= 287,400

Tax= (287,400*0.3)= (86,220)

Net operating income= $201,180

7 0

4 years ago

Warner Clothing is considering the Introduction of a new baseball cap for sales by local vendors. The company has collected the

bezimeni [28]

Answer:

(a) 3,250 units

(b) 5,750 units

Explanation:

(a) BEP(units):

= fixed cost ÷ contribution margin per unit

= $52,000 ÷ ($18 - $2)

= 3,250 units

Therefore, the 3,250 units must Warner sell per month to break even.

(b) BEP(units):

= (fixed cost + target profit) ÷ contribution margin per unit

= ($52,000 + $40,000) ÷ $16

= 5,750 units

Therefore, the units must Warner sell per month to make an operating profit of $40,000 is 5,750 units.

4 0

4 years ago

Luke is shopping at the grocery store and pushes his cart down the chip aisle. The entire aisle is full of various kinds of chip

irina [24]

Answer:

The correct answer is letter "C": simplified his choices for purchasing chips.

Explanation:

Brand fulfill different functions for its customers such as representing a certain level of prestige or social status over a group, moreover when the brand is associated to a luxury item; brands also serve as a form of identification and communication of having values -like purchasing environmental-care products only; or simplifying purchasing choices, when there are many competitors for a given good but the brand has special features that help consumers prefer it.

3 0

3 years ago

You are buying and reselling items found at your local thrift shop. You found an antique pitcher for sale. If you need a 27% mar

GrogVix [38]

Answer:

The most you can pay for the pitcher is $17.32

Explanation:

A mark up is a percentage that is always applied on the cost to come up at a required gain over cost. The cost is always taken to be 100% when apply a mark up on cost.

If the mark up is of 27% and cost is 100% then a selling price of 22 will be equal to cost + markup.

Let cost be x.

Selling price = Cost + Mark up

22 = 100% * x + 27% * x

22 = 1x + 0.27x

22 = 1.27 x

22/1.27 = x

x = $17.3228 rounded off to $17.32

7 0

4 years ago