For much of the past decade, battles have been going on over oil and gas drilling in

On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on

ololo11 [35]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

3 0

3 years ago

the activities a firm undertakes to create a certain perception of its product in the eyes of the target market are referred to

Dima020 [189]

Answer:

Positioning

Explanation:

Market positioning means the capability to develop a perception of a consumer. In this, the competitive advantage plays an important which enables the firm to become differentiate with that of the competitor with respect to the brand or product in which the firm is dealing. It is a motive to create an image of a brand

Therefore according to the given situation, the positioning is the right answer

3 0

2 years ago

it is possible for a hospitality operations at a profit during any given month but simultaneosly have insufficient cash flow dur

belka [17]

Answer:

True

Explanation:

Cash flow is a measure of the available cash and cash equivalent for operation in a business year.It has to be positive to generate value for investors and also to remain in business.

Profit is defined as the excess of income over expenses.

We need to know that profit are calculated on accrual basis, which means that income are recorded when earned and expenses recorded when incurred. In a situation where most sales are on account , i.e no instant cash payment and most expenses are on cash basis, this could cause a deficit in the cash flow volume. The level of inventory held could also lead to a negative cash flow despite a profitable operation if it is too high.

6 0

3 years ago

The Lodge borrowed $2,000,000 for five years at an annual interest rate of 9% from the Merchant Bank, which required a $100,000

AleksandrR [38]

Answer:

option (b) 9.5%

Explanation:

Data provided in the question:

Loan Amount = $2,000,000

Annual interest rate = 9%

Required compensating balance = $100,000

Now,

Effective interest rate(EIR)

= (loan × Annual interest on loan) ÷ (Loan - Required compensating balance)

= ($2,000,000 × 9% ) ÷ ( $2,000,000 - $100,000 )

= ($2,000,000 × 0.09 ) ÷ ( $1,900,000 )

= 0.0947 ≈ 0.095

or

= 0.095 × 100%

= 9.5%

Hence,

the answer is option (b) 9.5%

4 0

2 years ago

Dawn Wang heads an ad agency in Texas and regularly needs to work with copywriters, artists, and designers to come up with effec

kolbaska11 [484]

Answer:

People are more creative and produce more ideas when they are in a good mood

Explanation:

Dawn Wang heads an ad agency in Texas and regularly needs to work with copywriters, artists, and designers to come up with effective branding solutions for products. For one of the company's esteemed clients, Wang and her team need to brainstorm ideas for a slogan for the client's new line of clothing. In such a situation, it is particularly important for Wang to make his team happy because people are more creative and produce more ideas when they are in a good mood.

4 0

3 years ago