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JulsSmile [24]
3 years ago
6

Rose is starting to notice some wrinkles around her eyes and mouth. she has decided to purchase some age-defying wrinkle cream b

ut is unfamiliar with available brands. at the store, she picks out a brand because she remembers a clever advertisement about it on television. what level of brand loyalty does this describe? preference
Business
1 answer:
AysviL [449]3 years ago
4 0
<span>This is the recognition level of brand loyalty. Rose only remembers the cream from the name of the brand and the positive advertisements, and not necessarily from the claims or results that the brand showed. This shows a loyalty to the brand name and not so much the product itself.</span>
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TJ's and Corner Grocery are all-equity firms. TJ's has 2,500 shares outstanding at a market price of $16.70 a share. Corner Groc
alexandr402 [8]

Answer:

$1.30

Explanation:

The valuation of TJ's = price per share * number of shares in issue

= $16.70 * 2,500 shares = $41,750.

Corner Grocery offer for TJ's of $45,000, and obviously a premium over the market value of TJ's at $41,750.

The price per share of Corner Grocery's offer = \frac{45,000}{2,500} = $18 per share.

That is, offer value divided by the number of shares to be acquired.

Therefore, merger premium per share = offer price, less market price

= $18 - $16.70.

= $1.30

8 0
3 years ago
The direct materials and direct labor budgets provide information for preparing the
iragen [17]

Answer:

The cash budget is the appropriate answer

Explanation:

When the budgeted direct materials as well as the required  budgeted labor hours are ascertained, the step needs to be taken further in order to know how the costs budgeted fit into overall cash situation of the business.

The suppliers of direct materials would have given the company the maximum number of days that expect cash , in order to meet up with such deadline the company must plan ahead by incorporating the values of such purchases into cash flow projections, the same also applies to cost of direct labor.

7 0
3 years ago
Read 2 more answers
Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stoc
storchak [24]
I think the answer is E
4 0
3 years ago
Harrangue Company's standard variable overhead rate is $6 per direct labor hour, and each unit requires 2 standard direct labor
Lorico [155]

Answer:

Total variable overhead variance is express = 2,200

Explanation:

given data

overhead rate = $6 per direct labor hour

actual direct labor hours = 6,000

actual variable overhead costs = $37,000

product manufactured = 2,900 units

to find out

total variable overhead variance

solution

we find here standard variable overhead that is

standard variable overhead = 2900 unit ×  $6 × 2 DL hours

standard variable overhead = $34,800

and

Total variable overhead variance is express as

Total variable overhead variance is express  = actual variable overhead - standard variable overhead

so

Total variable overhead variance is express = 37,000 - 34,800

Total variable overhead variance is express = 2,200

7 0
3 years ago
Which of the following statements about normal costing is not true? Group of answer choices Manufacturing overhead is allocated
Katena32 [7]

Answer:

Direct costs are traced using an actual rate, and indirect costs are allocated using a budgeted rate

Explanation:

Normal costing refers to the actual cost of direct materials, direct labor, and manufacturing overhead applied. This cost is calculated by using a predetermined annual overhead rate.

Direct costs are expenses involved in producing goods or providing services and indirect costs are general expenses that are involved in operating.

The statement about normal costing which is not true is ''Direct costs are traced using an actual rate, and indirect costs are allocated using a budgeted rate''

5 0
3 years ago
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