The combination of product lines offered by a manufacturer is called the firm's product mix.
<h3>What is a product mix strategy?</h3>
The total number of product lines and distinct goods or services that a business offers is its product mix. Alternatively known as product portfolio or product assortment. Product combinations differ amongst businesses.
Four main product mix strategies are as follows:
- Expansion: A business adds more product lines or product depth (i.e., varieties) inside lines.
- Contraction: A business reduces the variety of its products to get rid of underperforming ones or to streamline the remaining ones.
- Change an Existing Product: A business makes improvements to an existing product rather than developing a brand-new one.
- Product differentiation: A corporation advertises a product as being a better option than a rival product without changing it in any manner.
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Answer:
Payable days
= Accounts payable/Cost of goods sold x 365 days
= $17 million/$135 million x 365 days
= 46 days
Explanation:
Payable days could be calculated as the ratio of accounts payable and cost of goods sold multiplied by number of days in a year. Accounts payable in the current year is $17 million and cost of goods sold amounted to $135 million.
Answer:
In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles <u>steady state output per worker will be unchanged.</u>
Explanation:
According to the given scenario options A, B and C are ruled out. Hence, the answer to the above question is option D. Steady state output per worker will be unchanged.
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A new fund offer (NFO) is the first-time subscription offer for a new scheme launched by asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market.
In economic accounting, an asset is any aid owned or managed by using a business or an economic entity. It is whatever (tangible or intangible) may be used to produce a fine monetary fee. Belongings represent the price of ownership that can be transformed into cash (even though coins itself is also considered an asset). The stability sheet of a firm records the financial price of the property owned by that firm. It covers money and other valuables belonging to a person or to an enterprise. Belongings may be grouped into two essential lessons: tangible property and intangible belongings. Tangible property includes numerous subclasses, consisting of modern-day property and fixed property. present-day assets encompass coins, stock, and accounts receivable, while constant assets consist of land, buildings, and gadget. Intangible belongings are non-bodily resources and rights that have value to the firm because they give the firm an advantage inside the market. Intangible belongings include goodwill, copyrights, emblems, patents, laptop applications, and economic property, consisting of economic investments, bonds, and shares.
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Answer:
1. increase in accounts receivable Deduct from net income
2. increase in inventory Deduct from net income
3. decrease in prepaid expenses Added to net income
4. Decrease in accounts payable Deduct from net income
5. increase in accrued liabilities Added to net income
6. increase in income taxes payable Added to net income
7. Depreciation expense Added to net income
8. loss on sale of investment Added to net income
9. Gain on disposal of equipment Deduct from net income
10. Amortization expense Added to Net income
Explanation:
