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3 years ago

Which of the following is an example of a company that serves a niche market?

Business

1 answer:

Natasha_Volkova [10]3 years ago

3 0

Answer:

C) a manufacturer who creates tools such as bolts, latches, door handles etc. for left-handed individuals

Explanation:

A niche market is a segment of a market that has a specific target group of consumers, usually due to a highly specific need or interest of those people. On the contrary, mainstream providers cater to the needs of the mass market, a customer base that is not specific and is largely diverse.

Therefore, large-scale manufacturers that have a large range of standardized products are not considered as niche.

In this example, the company producing miscellaneous things tailored for left-handed individuals is highly niche by nature.

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Answer:

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3 years ago

Will the grading period effect what college you will go to later on? A (True) B (False)

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Answer: A

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2 years ago

Read 2 more answers

What are some reasons why the budget deficit and non budgeted spending have been adding more than $500 billion to the national d

bogdanovich [222]

There are numerous reasons, things like war, immigration, increased poverty, or things like unpredictable natural disasters. When a hurricane strikes and destroys entire cities and housing it has to be fixed quickly and that is spending that was not planned since you can't expect things like that. Wars often cost much more than what was planned because bad things happen and they need to be fixed. Immigration can lead to an increase in social welfare spending since not all immigrants find a job quickly and establish themselves in the society.

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3 years ago

On October 1, 2018, Swifty Company places a new asset into service. The cost of the asset is $125000 with an estimated 5-year li

Novosadov [1.4K]

Answer:

The book value of the plant asset on the December 31, 2018 is $75,000.

Explanation:

Determine the depreciable cost,

The depreciable cost = Acquisition cost - Salvage value.

The depreciable cost = 125,000 - 30,500.

The depreciable cost = $94,500.

Determine the annual depreciation expense,

The annual depreciation expense = depreciable cost/useful life

The annual depreciation expense = 94,000/5

The annual depreciation expense = $18,900.

Find the % rate of depreciation .

The % rate of depreciation = (18,900/94,500) × 100.

% rate of depreciation = 20%

Since it is the double-declining-balance method of depreciation we multiply the % rate by 2 = 20% × 2 = 40%

Applying the rate to the carrying value of the asset to obtain current year's depreciation expense.

Current year's depreciation expense = Carrying value of the asset × the depreciation rate %.

Current year's depreciation expense = 125,000 × 40%.

Current year's depreciation expense = $75,000

4 0

3 years ago

Moon Software Inc. is planning to issue two types of 25-year, noncallable bonds to raise a total of $6 million, $3 million from

defon

Answer:

It will issue 34,407 bonds

Explanation:

The Original Issue Discount state that the interest are accrued during the life of the bond and included in the face value.

This means in 25 years, it will receive 1,000 dollars, how much will it pay for that now ?

we have to find the present value which makes the YTM equal to 10%

$\frac{Face \: Value }{(1 + rate/m)^{time \times m} } = PV$

where m are the times it compound per year

in this case a semiannualy rate is compounding 2 times per year

the rate will be 0,10 percent

the face value will be 1,000

and time equal to 25 years

$\frac{1,000}{(1 + 0.1/2)^{25\times2} } = 87.20$

If it needs to raise 3,000,000 It will issue:

3,000,000/87.20 = 34406.669 = 34,407 OID bonds

6 0

3 years ago