The answer is Boxplot II. The standard deviation for the data associated with Boxplot II will likely have a larger standard deviation. Boxplot II has a greater spread than Boxplot I, as measured by the interquartile range, which is related directly to the standard deviation of a data set.
Answer:
3.52 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $1,100
In year 1 = $300
In year 2 = $310
In year 3 = $320
In year 4 = $330
In year 5 = $340
If we sum the first 3 year cash inflows than it would be $930
Now we deduct the $930 from the $1,100 , so the amount would be $170 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $320
So, the payback period equal to
= 3 years + ($170 ÷ $330)
= 3.52 years
In 3.52 years, the invested amount is recovered.
Answer:
needs a rapid skimming
Explanation:
Rapid skimming: Launching the product at a high price and high promotional level.
The product introduction phase generally includes a substantial investment in advertising and a marketing campaign focused on making consumers aware of the product and its benefits. Assuming the product is successful, it enters its growth phase. Demand grows, production is increased, and its availability expands.
During the introduction stage, you should aim to:
-
Establish a clear brand identity
- Connect with the right partners to promote your product
- Set up consumer tests, or provide samples or trials to key target markets
- Price the product or service as high as you believe you can sell it, and to reflect the quality level you are providing
Answer:
a. An audit adjustment is needed since the best case scenario, where the net realizable value is highest would result in $92,000 - $5,000 = $87,000.
b. the value of inventory must decerase by $99,000 - $87,000 = $12,000, so COGS must increase by that amount:
Dr Cost of goods sold 12,000
Cr Merchandise inventory 12,000