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3 years ago

One objective of trade-oriented promotions is to encourage retailers to display and promote an established brand.

1 answer:

8 0

False because the objective of Trade Promotions can offer several benefits to businesses. Moreover, companies use Trade Promotions to improve distribution of their product at retailers and strengthen relationships with retailers. Most importantly trade Promotions can be advantage to introduce new product dispatch into retail stores

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Benton Engineering Services Company incurred the following during 2016 Direct labor $94,000 Overhead 126,000 Selling expenses 11

Galina-37 [17]

Answer:

Prime cost = $94,000

Conversion cost = $135,400.

Explanation:

Prime cost is the addition of direct material cost , direct labor cost and direct expenses.

Conversion cost is the cost of converting raw materials into finished product. It s the sum of direct labour cost and production overheads.

For Bento Engineering,

Prime cost = direct labour cost (since no figure is given for direct material and direct expenses.)

Prime cost = $94,000

Conversion cost = Direct labour cost + overheads

Conversion cost = $94,000 + 126,000

= $135,400.

Prime cost = $94,000

Conversion cost = $135,400.

8 0

2 years ago

Which is an example of someone who is cyclically unemployed?

Korolek [52]

Answer:

A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. 

Explanation:

Cyclical unemployment is unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

7 0

3 years ago

Beckett, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are proje

FrozenT [24]

Answer:

Beckett, Inc.

Earnings Per Share:

a-1. Earnings Per Share:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Earnings per share:

Recession = $24,000/8,000 $3.00

Normal = $30,000/8,000 $3.75

Expansion = $35,400/8,000 $4.43

a-2. Percentage changes in EPS:

Recession = -$0.75/$3.75 x 100 = -20%

Expansion = $0.68/$3.75 x 100 = 18.13%

b-1. EPS after recapitalization:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Interest at 8% $8,000 $8,000 $8,000

Earnings after interest $22,000 $27,400 $16,000

Earnings per share:

Recession = $16,000/8,000 $2.00

Normal = $22,000/8,000 $2.75

Expansion = $27,400/8,000 $3.43

b-2. Percentage changes in EPS:

Recession: -$0.75/$2.75 x 100 = -27.27%

Expansion: $0.68/$2.75 x 100 = 24.73%

Explanation:

1. Data:

Market Value = $200,000

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Issue of debt for $75,000 with 8% interest

Proceeds to repurchase shares of stock.

Outstanding shares = 8,000

Ignore taxes

5 0

3 years ago

German companies do not recognize the profit until the project is completely finished and they have been paid. recognize profits

photoshop1234 [79]

Answer:

German companies do not recognize the profit until the project is completely finished and they have been paid.

Explanation:

German companies prepare their accounting balances under IFRS standards (common for all EU member countries) and German GAAP.

Under IFRS standards, revenue must be recognized when the business satisfies a performance obligation.

German GAAP is very prudent in determining profits, that is why they are only recognized once a project is completely finished and it has been completely paid.

Some specific German rules are to starting to change due to globalization, but others are still subject to legal requirements.

7 0

3 years ago

During what meeting did the delegates request each state write a constitution?

Tasya [4]

The delegates requested that each state write a constitution during the Second Continental Congress.

6 0

3 years ago