Answer:
The incremental revenue of the proposed change = $ 50,000
Answer:
I used an excel spreadsheet since there is not enough room here.
Explanation:
Answer:
The return on assets is 8.4%
Explanation:
In order to calculate the return on assets we will first need to find the average total assets. We will do this by adding the beginning and ending total assets and dividing it by 2.
Average total assets= (31,500+20,500)/2= 26.000
Now in order to find the return on assets we will divide the net income by the average total assets.
Return on assets = 2,200/26,000=0.084=8.4%
Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. Thus, if they were of inferior quality, the company would lose customers and go out of business over time.
Explanation:
Branding is a way of making sure that your product is easily identifiable over other products.
When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.
It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.
