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Morgarella [4.7K]
3 years ago
6

A firm's good reputation for quality customer service is categorized as its _____

Business
1 answer:
Inga [223]3 years ago
8 0
The answer for this question is: Intangible resource
Intangible resource is a type of resource owned by a company that cannot be measured by number and do not have physical form.
Another example for an intangible resource is: employee's loyalty, Human Development within the company,  employee's motivation, etc.
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On January 1, 2021, Jeans-R-Us Company awarded 15 million of its $1 par common shares to key executives, subject to forfeiture i
Sedaia [141]

Answer and Explanation:

The computation and journal entries are shown below:

1.. The total compensation cost is

= 15 million × $3 per share

= $45 million

2.  

On Jan 1

Deferred compensation expense $45 million

            To Common Stock $15 million

            To Additional paid in capital $30 million

(Being expense is recorded)

3.

On Dec 31

Compensation expense ($45 ÷ 3) $15 million  

      To Deferred compensation expense $15 million

(Being expense is recorded)

6 0
3 years ago
Weekly demand for tennis balls at The Racquet Club is normally distributed , with a mean of 35 cases and a standard deviation of
RideAnS [48]

Answer:

a-The average weekly profit is $1767.31

b- The probability of having a weekly profit of more than 2000 is 0.1587 or 15.87%.

Explanation:

a

The weekly average profit for the simulation is given where first the values are simulated using R which is given as below:

x<-round(rnorm(n,m,s))

Here

  • round converts all the values of the simlation to integer.
  • rnorm is the command for simulation
  • n is the number of values which is 52 in this case
  • m is the mean of the values which is 35
  • s is the value of standard deviation which is 5 cases.

The values of x are as follows

[1] 36 49 30 29 34 36 32 28 32 29 32 27 40 32 30 37 43 30 42 30 31 34 36 38 28 29 32 42 36 35

[31] 37 41 34 39 37 46 34 44 45 41 41 29 36 38 35 32 36 39 30 38 40 27

Now using these values, the average of the simulation values is cacluated as follows:

mean(x)

35.3462

Now using this with the value of profit of $50 gives:

Average Profit=$50 x 35.3462

Average Profit=$1767.31

The average weekly profit is $1767.31

b-

First number of cases are required so that the value will be greater than 2000 it is given as

Number of cases=2000/50=40

So firstly the Z-score is calculated which is as below:

Z=\dfrac{x-\mu}{\sigma}\\Z=\dfrac{40-35}{5}\\Z=1

Now the probability is given as

P(X\geq 40)=P(Z\geq 1)\\P(X\geq 40)=1-P(Z< 1)

The value of P(Z<1) is calculated from the table which is given as

0.84134

So the equation becomes

P(X\geq 40)=1-P(Z< 1)\\P(X\geq 40)=1-0.8413\\P(X\geq 40)=0.1587

So the probability of having a weekly profit of more than 2000 is 0.1587 or 15.87%.

4 0
3 years ago
On January 1, 2016, Elite Advertising was contracted to run a marketing campaign for Pharm King's new dieting pills. In addition
stepladder [879]

Answer:

A. $50,000

Explanation:

150,000 for a 3 year compaing  = 50,000 per year

<u>The contract has just started </u>and the information available doesn't meet the criteria.

We must remember that <u>accounting has a principle of conservatism</u> regarding revenues. Accrue revenue without proper grounds is not correct. We should recognize the 1/3 of the base fee which is earned and matched the accounting cycle.

8 0
3 years ago
Nocturnal Products started as a luxury brand for designer apparel. Soon, the company expanded by launching its own line of premi
Roman55 [17]

Answer:

B) related-linked strategy

Explanation:

Related linked strategies have the purpose of creating value for the organization by exploiting and developing economies of scope within the company. This means that the company will try to save money by transferring its competencies within one product line.

In this case the product line is Nocturnal Products which has expanded to include designer apparel, perfumes, watches, bags and home furnishing. The company hopes to transfer the competencies that designer apparel has to the rest of the products.

7 0
3 years ago
How many full-time volunteers are donating their time in the US, if you add up the average 3 hours that the 100 million voluntee
DochEvi [55]

Answer:

7.5 million equivalent full-time volunteers

Explanation:

The total hours volunteered is 3 hours * 100 million volunteers = 300 million hours

If you assume a full-time work week of 40 hours, divide the hours volunteered  to find the equivalent number of full time workers.

300 million / 40 = 7.5 million

8 0
3 years ago
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