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Answer:
8.94%
Explanation:
Firstly, we will need to find total equity and total debt of Harrington Inc inorder to apply the Dupont equation for getting ROE
Harrington's total debt = 15.00 % × $250,000
= $37,500
Harrington's total equity will be; applying accounting equation
Asset = Liabilities + Owner's equity
Owner's equity = Assets - Liabilities
= $250,000 - $37,500
= $212,500
Therefore, using the Dupont equation, we can calculate the ROE as;
(NI/Sales) × (Sales/Total assets) × (Total assets/Total common equity)
= 19,000/325,000 × 325,000 /250,000 × 250,000/212,500
= 8.94%
Answer:
The correct answer is "indirect attack or bypass attack"
Explanation:
Bypass Attack or indirect attack is when the market challenger doesn´t attack directly a company leader, but increases its market share by attacking the vulnerable market.
Expanding into the untapped markets and innovating the actual product with technology.
The key is efficiency. Ford and his business were captains of efficiency, from mass manufacturing via the factory line to economical individual effort. Ford Motor Company produced cars swiftly assembly line.
<h3>How a business becomes successful?</h3>
The most prosperous organizations place a high priority on providing excellent customer service and a great client experience. Making goods and services that consumers demand is the first step. However, concentrating on your clients goes beyond you products.
<h3>What does a successful business look like?</h3>
Instead of focusing on earning short-term benefits, successful businesses are focused with establishing long - term profits and creating sustainable growth. By creating new goods or services that satisfy customers, successful businesses are able to effectively address the changing wants of their clients.
To know more about Successful businesses visit:
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