Answer:
Answer explained below
Explanation:
In determining the next big market to expand, the firm should do an analysis of the strengths and weaknesses of the company and also should try to understand the opportunities and threats that the external world would present to the company. This can be accomplished by using a SWOT analysis and by aligning the strengths with the opportunities, the firm can zero down on the potential opportunities.
Next the firm can also do an analysis of the internal culture of the firm and also do a PESTLE analysis of the potential markets so that a mapping of the political, economic, technological and cultural factors can be done and it can studied which market is the closest to the current market across dimensions. Once the closest target market is identified, it can then decide to expand into that market.
As per the analysis, it would be beneficial for the firm to expand into a market where the spending power of the consumer is similar to US and there is a certain degree of cultural similarity. So such a candidate market could be United Kingdom.
The process followed for determining the potential market is:-
1) Determining internal strengths and weakness.
2) Access external market opportunities and threats
3) Determination of potential markets.
4) Undertaking a PESTLE analysis and determining the most suitable market by choosing the market which is most similar in all dimensions to the current market.
The risks of the plan is that there could be unforeseen events or disruption which may make the choice unviable or incorrect. Moreover it is slow and exhaustive process, so go to market may be slow.
The advantages are that all pros and cons are evaluated and so chances of success and risk mitigation is high.
Hello there!
Answer:
$182.00
Explanation:
In order to solve this, we would need to use the mark up equation:
x^m=y
x = total mark up
m = the amount of months
y = interest paid
Your equations should look like this:
x^18 = 782.
Now we solve.
x = 1.447^( 1/18) = 1.0208 (this would be the rate per month)
1.0206^13 = 1.303 (this would be the rate for 13 months, since he has 5 months remaining)
782/1.303 = 600
782 - 600 = 182.00
After solving, you would have $182.00 of financed refunded.
Answer:
a. $11.50
b. $136,000
c. $50,000
d. $230
Explanation:
Contribution = sales - variable costs
Fixed costs do not vary with level of sales or production.
The financial statement that reports whether the business earned a profit and also lists the revenues and expenses is called the Income Statement.
Financial Statements basically are written records that tell the financial position of a company over a particular time period. Financial Statements are audited by Government agencies or accountants. Income statements mainly focus on the company's revenues and expenses during a certain time period.
When the expenses are subtracted from the revenue, the statement produces a company's profit which is called net profit. The income Statement covers a range of time, which is a year for annual financial statements and a quarter for quarterly financial statements.
Income statements provide an overview of net income, expenses incurred, revenue, and earnings per share. The income Statement is also referred as a profit and loss statement. Therefore the income statement tells the profit, revenue and expenses.
You can learn more about income statement at
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Answer:
Term insurance.
Explanation:
Term insurance is intended to provide coverage to the insured for a certain period. Death benefit is paid only if the insured dies during the policy tenure; else noting is paid.
The main purpose of taking such life insurance is to provide life cover to the policyholder.
