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sladkih [1.3K]
2 years ago
11

A firm achieves differentiation parity ideally when

Business
1 answer:
Alina [70]2 years ago
3 0
A firm achieves differentiation parity ideally when it sells its products or services at a higher price than its competitors.  

The idea of parity is that a company sells its products at a higher cost than competitors even though the product or service isn't unique. Differentiation is when one companies products compete and are better than another with the same product. 
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Freeman​ Motors, a motorcycle​ manufacturer, had the following contingencies. Determine the appropriate accounting treatment for
mrs_skeptik [129]

Answer:

a. Freeman estimates that it is reasonably possible but not likely that it will lose a current lawsuit.​ Freeman's attorneys estimate the potential loss will be​ $4,500,000.

  • Describe the situation in a note to the financial statements.

Since the event is possible but not likely, it should be disclosed in the footnotes of the financial statements.

b. Freeman received notice that it was being sued. Freeman considers this lawsuit to be frivolous.

  • Do not disclose.

Since this is a frivolous lawsuit, there is no need to disclose it.

c. Freeman is currently the defendant in a lawsuit. Freeman believes it is likely that it will lose the lawsuit and estimates the damages to be paid will be​ $75,000.

  • Record an expense and a liability based on estimated amounts.

Since the negative outcome is probable and you were able to quantify your losses, you must record the expense for $75,000 and include the amount as a current liability.

6 0
3 years ago
You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the o
Fed [463]

Answer: Option (B) is correct.

Explanation:

Given that,

Cost of new economics textbook = $100

Cost of new CD player = $100

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

As the cost of both the products are identical, so the opportunity cost of buying new economics textbook is the enjoyment of the new CD player.

4 0
3 years ago
At​ ch2m hill, dan​ anderson, planning project​ manager, suggests that in a flat structure like​ theirs, at times project manage
belka [17]
The style of leadership that most directly aligned with this behavior is SUPPORTIVE.
A supportive leadership style is one which seeks to reduce the employees' stress and frustration at the work place by motivating them. This style is especially effective, if the type of work that the employees are undertaking is stressful, dangerous and tasking. 
4 0
3 years ago
A U.S. firm has sold an Italian firm €1,000,000 worth of product. In one year the U.S. firm gets paid. To hedge, the U.S. firm b
Paraphin [41]

Answer:

The firm will realize $1,640,000 on the sale net of the cost of hedging.

Explanation:

7 0
3 years ago
Read 2 more answers
While working in the yard, Tina found a beat-up ring. Becca, an eighteen-year old neighbor, came over to visit and liked the rin
andreev551 [17]

Answer:

The correct answer is letter "B": A gift inter vivos.

Explanation:

A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.

The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.

<em>The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.</em>

8 0
3 years ago
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