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vredina [299]
3 years ago
5

Caterpillar is a manufacturer of heavy machinery that is sold around the world. A growing business for this U.S.-based company a

re products that feature the company's name or logo. Branded merchandise is available in over 150 countries through agreements known as _____, in which, for a fee, Caterpillar allows other firms to use its name or logo on products such as hats, boots, apparel, and scale model replicas of its equipment. g
Business
1 answer:
liq [111]3 years ago
8 0

Answer:

<u>licensing</u>

<u>Explanation:</u>

Licensing is another great source of income for big companies. Usually, it involves a legally binding agreement in which <em>the bigger company (</em>Licensor) grants <em>the smaller company</em> (Licensee) the right to use the licensor’s company's name or logo for an agreed fee.

Thus, Caterpillar could be said to have<u> licensing agreements</u> in over 150 countries.

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Beverage International reports net credit sales for the year of $468,000. The company's accounts receivable balance at the begin
solmaris [256]

Answer:

The Beverage International's receivables turnover ratio is =  16,14  

Explanation:

The accounting receivable turnover formula is :

Net credit sales / Average Accounts Receivable

So  Net credit sales = $468,000

And Average Accounts Receivable = ($24,000 + $34,000)/2 =  $29.000,00  

The receivables turnover ratio is =  $468,000 / $29.000,00  =  16,14  

3 0
3 years ago
The LeMond Corporation just purchased a new production line. Assume that the firm planned to depreciate the equipment over 5 yea
hammer [34]

Answer:

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

Explanation:

Provided information,

There is a purchase of new production line. On which the company plans to charge depreciation as per straight line method for 5 years. As per the recent amendment the company has to charge depreciation fr 7 years under straight line method.

Thus, depreciation per year will be decreased.

As depreciation is an expense which is going to decrease with increase in duration, therefore, income will increase and accordingly taxes will increase.

Also the net balance of fixed assets will be higher, as depreciation is less.

Therefore, correct statement is

c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.

8 0
3 years ago
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
Elanso [62]

Answer:

A) is maximizing her total utility from the given fixed budget.

Explanation:

The equal marginal principle refers to the principle in which the consumer would select that combination of goods which maximise its total utility. It could be selected by having marginal utility and its price

And for profit maximization, the marginal utility and the price is equivalent to both the goods.

i.e

\frac{MU_X}{P_X} = \frac{MU_Y}{P_Y}

\frac{60}{2} = \frac{30}{1}

30 = 30

Hence, the correct option is a.

5 0
3 years ago
You have just determined the actual number of workstations that will be used on an assembly line to be 8 using the assembly-line
Alexandra [31]

Answer:

d) 0.750

Explanation:

The computation of the correct value for the resulting line's efficiency is shown below:

Efficiency = All task times sum ÷ (Actual number of workstations × cycle time)

where,

All task times sum is 60 minutes

The Actual number of workstations is 8

And, the cycle time is

Since 600 seconds = 10 minutes

And 1 minute = 60 seconds

So, the cycle time would be

= 600 ÷ 60

= 10 minutes

Now placing these values to the above formula

So, the resulting line's efficiency is

= 60 ÷ (8 × 10)

= 60 ÷ 80

= 0.750

8 0
3 years ago
You learned in the lesson how the stock market influences the economy. Do you have to own stocks to be impacted personally by th
lawyer [7]
No stocks can affect any business in which you may shop at. not owning any stocks could affect you by price changes in the business
8 0
2 years ago
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