Answer:
E is the correct options, broad needs and many customers
Explanation:
The fact that Instructor Services offers many related services shows that its strategic intent includes providing a wide of range technologically related services which also includes sales and repairs of computers.All of these refer to the drive to fulfill many needs.
Secondly, the location of the business was a strategically crafted, in this sense that Ohio is highly populated and establishing business in such business district gives an assurance of high patronage from diverse group of many customers.
Answer:
Dr Inventory Purchases $250
Cr Trade Payables $250
Explanation:
At the time of the purchase, Inventory purchases which is an asset in nature has been increased and hence must be debited by $250 and similarly the Payable has been increased which is liability in nature and hence must be credited with $250. The entry would be as under:
Dr Inventory Purchases $250
Cr Trade Payables $250
Answer:
See explanation
Explanation:
We first calculate weighted avg total break even point.
The formula or this is,
Total Break even = Total fixed costs / Weighted avg contribution
Weighted avg contribution = (Contribution of A12 * Weight of A12) + (Contribution of B22 * Weight of B22) + (Contribution of C124 * Weight of C124)
Contribution/ Product =
A12 = 61 - 43 = $18
B22 = 108 - 78 = $30
C124 = 413 - 316 = $97
Thus,
Weighted avg Contribution = (18*0.56) + (30*0.27) + (97*0.17) = $34.67
Total Break even = 249624/ 34.67 = 10085 units in total
Simply multiply total break even units with each products weight to calculate qty for each product to b produced.
A12 = 10085*0.56 = 5647.6 units
B22 = 10085*0.27 = 2722.94 units
C124 = 10085*0.17 = 1714.45 units
as per the sales mix.
We can also calculate how many units of each individual product are required for break even as,
A12 = 249624/18 = 13868 units
B22 = 249624/30 = 8320.8 units
C124 = 249624/97 = 2573.44 units
Hope that helps.
Answer:
a) elastic
Explanation:
Elasticity is a microeconomic concept that aims to measure the sensitivity of demand for savings to changes in interest rates. When calculating elasticity is a result greater than 1, the demand for savings is said to be elastic (interest-sensitive). Thus, slight interest rate variations will be sufficient to increase savings deposits. This is because people stop consuming to save and earn interest income. When the value is less than 1, savings are inelastic - little interest-sensitive. Thus, interest rate changes would not affect savings. This means that interest earned on savings is not attractive and people prefer to invest their money. in the consumption of goods and services.
This relationship is not fully known to economists in the long run, but in the short run there is a direct relationship between rising interest rates and increasing savings deposits. Thus, it is said that in the short term, the demand for savings is elastic at the interest rate. With each interest rate increase, the savings deposit rate increases.
Answer:
$1.23
Explanation:
The computation of the diluted earnings per share is shown below:
Diluted earning per share = Net income ÷ weighted number of common stock outstanding
where,
Net income is $391,320
Weighted average number of outstanding shares equal to
= 206,000 shares + 114,000 shares
= 320,000 shares
The 114,000 shares is
= 570,000 ÷ $15 × $12
= 456,000
Now 570,000 - 456,000 = 114,000 shares
So, the diluted earning per share
= $391,230 ÷ 320,000 shares
= $1.23
