Answer:
$90,000
Explanation:
In this question, we compare the net income and the difference should be reported
In the first case, the net income is
= Revenue - expense
= $1,000,000 - $750,000
= $250,000
In the first case, the net income is
= Revenue - expense
where,
Revenue is = $1,000,000 + $150,000 = $1,150,000
And, the expenses is $750,000 + $60,000 = $810,000
= $1,150,000 - $810,000
= $340,000
So, the net profit is increased by
= $340,000 - $250,000
= $90,000
In porter's generic competitive strategies, <u>focus strategy </u>and <u>overall cost</u> <u>leadership </u>strategy combines a focus on a total market scope and a competitive cost advantage respectively.
<h3>What is focus strategy?</h3>
A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.
While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.
There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.
Learn more about Focus strategy
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Answer:
in the Other Expenses and Losses section of the income statement.
Explanation:
Firstly, A loss on disposal of a plant asset is an expense.
therefore,
A loss on disposal of a plant asset is reported in the financial statements in the Other Expenses and Losses section of the income statement.
Answer: Competitor
Explanation: Rosemarie and Dominique believes that Panera bread would be an active Competitor to their business because of the closeness of Panera bread store to theirs and also the fact that they sell similar products.
A competitor in marketing is a business that struggles for the same customers with another business due to sales of similar products.
