All categories

4 years ago

One of the ways that restaurants often adapt their product offerings to address changes in competition is to ____________.

1 answer:

ivann1987 [24]4 years ago

8 0

Developing new menu offerings has been one of the commonly used marketing strategies by restaurants to address changes in competition to other competing restaurants. They advertise their menu by creating banners and using social media to inform the customers on their new menus.

You might be interested in

The _________ of Office Depot includes Amazon, where many people order office supplies, as well as manufacturers of office suppl

Komok [63]

Answer:

Task Environment

Explanation:

Task environment is an external environment that affects an organization's ability to achieve its business goals. We could say that any type of business or customer relationship directly with an organization has the ability of being the part of the business environment. We could count some examples to the mission environment sectors : competitors, customers, suppliers, and labor supply.

3 0

3 years ago

Read 2 more answers

Lester's is a globally diverse company with multiple divisions and a cost of capital of 15.8 percent. Med, Inc., is a specialty

eimsori [14]

Answer:

both companies should invest because the NPV of both companies are positive

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = - $8.4 million

Cash flow in year 1-7 = $2.2 million

NPV of Lester with I of 15.8% = 0.54 million

NPV of Med Inc with I of 13.7% = 1.12 million

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

0.54

1.12

5 0

3 years ago

Suppose you use your entrepreneurial spirit and economics training to start your own business. In your first year of work, you a

3241004551 [841]

The total amount of social insurance taxes you owe the federal government is $3,596.

The social insurance taxes will be tax rate (6.2%) of gross income amount of $58,000 which is calculated using this formula

Social insurance taxes=Social security tax rate× Gross income

Where:

Social security tax rate=6.2%

Gross income=$58,000

Let plug in the formula

Social insurance tax=6.2%×$58,000

Social insurance tax=$3,596

Inconclusion the total amount of social insurance taxes you owe the federal government is $3,596.

Learn more here:brainly.com/question/10714904

3 0

3 years ago

Lewelling Company issued 101,000 shares of its $1 par common stock to the Michael Morgan law firm as compensation for 4,100 hour

GenaCL600 [577]

Answer:

Paid in capital excess of par is $$309,000

Explanation:

<u>Journal Entries</u>

Debt: Legal services (4,100 hours × $100 per hour) = $410,000

Credit: Common stock (101,000 shares × $1 par) = $101,000

Credit: Paid-in capital - excess of par (Remainder) = $309,000

To record the 101,000 shares compensated by 4,100 legal hours with $1 par value)

In the above transaction common stock issued in excess of par for legal services as compensation instead cash. Hence "legal services" have been debited as issuing company benefited for legal services. "Common stock" and "paid in capital in excess of par" has been credited as this issuing company issuing common stock.

Paid in capital excess of par is $$309,000

3 0

3 years ago

Part E14 is used by M Corporation to make one of its products. A total of 19,000 units of this part are produced and used every

Gennadij [26K]

Answer: ($24100)

Explanation:

The annual financial advantage (disadvantage) for the company goes thus:

The relevant cost to produce will be:

= ($4.10 × 19,000) + ($8.70 × 19,000) + ($9.20 × 19,000) + ($4.60 × 19,000) + $31,000

= $77900 + $165300 + $174800 + $87400 + $31000

= $536,400

The relevant costs to buy will be:

= 19,000 × $29.5

= $560,500

Since the relevant cost to buy is more than the relevant cost to produce, then the financial disadvantage will be:

= $560500 - $536,400

= $24,100

The answer is ($24,100)

5 0

3 years ago