When analyzing the industry, Bella Blooms must be concerned about the threat of substitute products or services.
This is one of the threats proposed by <em>Porter</em> in his model of the 5 forces that help to understand market competitiveness.
Bella Blooms must be concerned about the threat of substitute products or services because another fertilizer manufacturer has emerged with the same target market as the company, which could lead to a decrease in Bella Blooms market share.
In the threat of substitute products or services, the customer realizes that they can partially or totally substitute one product for another, which leads companies to actions such as:
- develop focused marketing strategies.
- adapt your processes to market needs.
Therefore, <em>Porter's</em> 5 forces model guarantees that through the analysis of market factors, it is possible to identify its strengths and weaknesses and adapt its strategy to be competitive and profitable in the market.
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The answer for Equivalent units for the period will be calculated as follows under FIFO
1. Units from beginning work in process: calculate this as beginning work in process units x (100% – given % complete) to calculate the amount of additional work needed to make the unit 100% complete.2. Units in progress and completed this period: take the units x 100% complete since they were started and completed they have received all of their materials, labor and overhead and will not receive any more since they are finished.3. Units in Ending work in process: take the ending work in process units x a given % complete.
Solution by step:
Equivalent units = 1. (5,000 × 40%) +2. (31,000 – 5,000) (Since there is a beginning work in process deduct this from the units completed) +3. (2,000 × 80%)
= 2000 + 26000 + 1600
Answer = 29,600 units
Answer: A. Zero because all the gains offset the losses.
Explanation:
Based on the information given in the question, the net capital gain/loss for the current year will be:
First and foremost, we should note that the net income of $26,000 will not be added to our calculations.
Then, we then add the gain on capital assets from the options a-d given and subtract from the capital loss. This will be:
= $13,000 - ($23,000) + $4,000 + $6,000
= $13000 + $4000 + $6000 - $23000
= $23000 - $23000
= 0
Note that $23000 was subtracted because it was the only loss incurred on the capital asset from the options.
Answer:
The question is calculating the depreciation expense using straight-line method for 2018 and 2019?
Depreciation expenses for 2018: $725;
Depreciation expenses for 2019: $2,900.
Explanation:
We have yearly depreciation expenses is calculated as:
Yearly Depreciation expense = (Original cost - Salvage value) / Useful life = (19,500 - 2,100) /6 = $2,900.
For 2019, depreciation expense is recorded for the full-year at $2,900.
For 2018, depreciation expense is recorded for only three months ( as delivery truck was bought on Oct 1st 2018), which is calculated as: Yearly Depreciation expense / 12 * 3 = $725.
So, the answer is:
Depreciation expenses for 2018: $725;
Depreciation expenses for 2019: $2,900.
Answer:
The answer is personal selling
Explanation:
_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.
