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77julia77 [94]
3 years ago
12

The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a

recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $3 million. If it would cost $1 million to finish development and make the product, should you go ahead and do so? What is the most that you should pay to complete development?
Business
1 answer:
ycow [4]3 years ago
7 0

Answer: It depends on the variety of products that you sell. Besides, if you want to gain market share against your competitors maybe you should make this effort. But it depends on the cost of opportunity that you analize according to your cash and profits.

Explanation: Each situation should be analyzed taking into consideration the company and its market. Nowadays most of the companies are open systems that interact with different stakeholders such as competitors, suppliers, etc. If you want to gain market share you should either displace your competitors or attract the new demand.

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Tom [10]

Answer:

The overview of the instance would be described throughout the following section.

Explanation:

  • Throughout economics, GDP has been utilized to measure the amount profitability of a company manufactured inside the borders of a nation.
  • Whilst also GNP has been utilized to measure the amount of profit of an organization manufactured or organized by the nation's residents, regardless of geographic location.
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3 years ago
Which career would organize,train and support teachers and educational workers to help them provide better instruction?
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Instructional coordinator 
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4. You are considering adding a microbrewery onto one of your firm's existing restaurants. This will entail an increase in inven
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Answer:

$6400

Explanation:

Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is considering that it shows whether or not the current assets can be used to settle the current obligations or liabilities of the company adequately.

The change in property, plant, and equipment of $48,000 is not an element of working capital, Hence change in working capital

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3 years ago
Adjusting and paying accrued wages L.O. C1, P1 Pablo Management has seven part-time employees, each of whom earns $205 per day.
Marizza181 [45]

Answer:

1- Wages Expense (Dr.) $1,025

Wages Payable (Cr.) $1,025

2- Wages Expense (Dr.) $1,845

Wages Payable (Cr.) $1,025

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Explanation:

Wages expense = $205 * 5 days a week = $1,025 per week.

Wages expense = $205 * 4 days a week = $820 per week.

7 0
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c

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