True or false â the permanent accounts are also closed at the end of the period.

To compete with Lexus, a successful luxury brand of Toyota, Nissan launches Infinity as its own luxury brand to seek the benefit

slava [35]

Answer:

(D). Straddling

Explanation:

Straddling positioning involves placing a product or brand in two segments at the same time such that it is possible to reap benefits from both segments.

<em>By launching its luxury brand (Infinity), while remaining in other market segments, Nissan is practicing straddling positioning</em>.

3 0

3 years ago

As a rule of thumb, how often should an entrepreneur reevaluate her compensation package?

shusha [124]

Answer:

12 months

Explanation:

The fiscal or financial period of a business lasts for 12 months or one year. It means that at the end of that 12 months, the business prepares its financial statement to determine its profitability. The business assesses its growth, success, and failure for the period.

After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.

7 0

2 years ago

Read 2 more answers

If a company purchases equipment costing $5,100 on credit, the effect on the accounting equation would be:

alex41 [277]

Answer:

assets increase $5,100 and liabilities increase $5,100

Explanation:

Assets are the items that a company owns which can provide future economic benefit.

Liabilities are future sacrifices of economic benefits that an entity is obliged to make to other entities as a result of past transactions or other past events, hence Liabilities are what a person or company owe other parties.

If a company purchases equipment costing $5,100 on credit, the assets of the company will increase by $5100 as a result of acquiring an equipment. Also, the liability will increase by $5100 as a result of debt owed.

4 0

3 years ago

Tom's Tool Factory is an investment center and is responsible for all of its net income and the use of its assets. This year, th

hram777 [196]

Answer:

57.9 %

Explanation:

Return on investment (ROI) is a financial ratio. It is used to measure the expected returns from in relation to the cost of investment.

The formula for calculating ROI is Net Income / Cost of Investment.

For tom tools factory, the ROI will be

net income $275,000

cost of investmet is $475,000

ROI = 275,000/ 475,000

RO1 = 0.5789473 X 100

=0.5789473

=57.894 OR

=57.9 %

6 0

3 years ago

Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations:

DedPeter [7]

Answer:

A)= 20+24Q-4Q^{2} (This is the equation for the net benefits)

B) 40; 40

C)MNB(Q)= 24-8Q

D) 16; -16

E) Q=3

F)0

Explanation:

a) To write out the equation for the net benefits.

First, net benefits represents the difference obtained when the total benefits exceed the total costs derived form Q units of the control variable

Based on the definition, the equation is as follows

N(Q)= B(Q) - C(Q)

representing

N(Q)= The Net benefits that are derived from Q level of control variable

B(Q)= The total benefits derived from Q units of control variable

C(Q)= The total cost form Q units of control variable

As we have been given the following:B(Q)= 100 + 36Q - $4Q^{2}$ and C(Q) = 80 +12Q

This means:

N(Q)= 100+36Q-4Q^{2}- (80+12Q)

= 100+36Q-4Q^{2}-80-12Q

=100-80+36q-12Q-4Q^{2}

=20+24Q-4Q^{2}

= 20+24Q-4Q^{2} (This is the equation for the net benefits)

b) Determine he net benefits when Q = 1 and Q=5

Step 1) when Q=1 we use the formula 20+24Q-4Q^{2}

= 20+24Q-4Q^{2}

= 20(24x1)-(4x (1^{2))

=20+24-4

=40

Step 2) when Q=5 we use the formula 20+24Q-4Q^{2}

= 20+24Q-4Q^{2}

= 20(24x5)-(4x (5^{2))

=20+120-4x25

=140-100

=40

c)To write out the equation for the marginal net benefits

Marginal net benefits represent the change experienced in net benefits with change in one unit of the control variable

The formula therefore is as follows:

MNB(Q)=MB (Q)-MC(Q)

Representing

MNB (Q)= The marginal net benefits at Q level of control variable

MB(Q)= marginal benefits

MC(Q)=Marginal Costs

We are already given: MB(Q) = 36 – 8Q and MC(Q) = 12.)

This means

MNB(Q)=MB (Q)-MC(Q)

= 36-8Q-12

36-12-8Q

=24-8Q

MNB(Q)= 24-8Q

d) Find the marginal net benefits

Step 1) when Q=1 we use the formula for marginal net benefit MNB(Q)= 24-8Q

=MNB(Q)= 24-8(1)

= 16

Step 2) when Q=5 we use the formula for marginal net benefit MNB(Q)= 24-8Q

=MNB(Q)= 24-8(5)

=24-40

=-16

e) Calculate the maximum net benefits which represent the maximum level where the marginal costs= marginal benefits (it is a control variable level).

MB(Q)=MC(C)

MB(Q)= Marginal benefits

MC(Q)= Marginal Costs

We already know that MB(Q) =36-8Q and MC(Q)=12

Therefore, maximum benefit

= MB(Q)= MC(Q)

=36-8Q=12

8Q=36-12

8Q= 24

Q= 3.

This means that when Q is 3, then the net benefits will be at its maximum level

f) Compute marginal net benefits which is the difference between the marginal costs and benefits

MNB(Q)=MB(Q)-MC(Q)

MNB(Q)= Marginal net benefits

MB(Q)= Marginal benefits

MC(Q)= Marginal Costs

we already know that MB(Q) =36-8Q and MC(Q)=12

MNB(Q)= 36-8Q-12

=36-12-8Q

=24-8Q

Since the maximum level where net benefits are highest is 3 as calculated above, we then replace Q with 3 in the equation

MNB(Q)= =24-8(3)

= 24-24

=0

This means at Q level of 3, the net costs will be equal to the net benefits and the net benefits are at the maximum level.

5 0

3 years ago