Answer:
A) The GAAP statement is based on cost function rather than cost behavior.
Explanation:
Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.
While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?
Answer:
Market Development
Explanation:
The company has not change their product, which they want to sell their ultimate buyer. Instead they only wish to focus on a single market segment. In this case that market segment consists of senior citizens.
Moreover, the strategy requires to persuade the non buyer (senior citizens) to buy the product by providing them services (in this case free express delivery) which would encourage them to make the decision of buying pizza from Presto Pizza.
When weighing your employment options, these are very important to consider:
- Employee Benefits
- Pay period
- Taxes taxable income.
Thus, all of these are very important to consider before accepting the job offer.
Answer:
Yes
Explanation:
You need to inform people of your business and what they do!
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
1) Deposit= $500
An annual simple interest rate of 6.6%
Number of years= 13 years
To calculate the final value, we need to use the following formula:
FV= PV*[i*n]
FV= 500*(0.066*13)= $429
2) Deposit= $500
An annual compounded interest rate of 6.6%
Number of years= 13 years
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1.066^13)
FV= $1,147.66
3) Deposit= $500
A quarterly compounded interest rate of 6.6%
Number of years= 13 years
Now:
n= 13*4= 52
i= 0.066/4= 0.0165
FV= 500*(1.0165^52)= $1,171