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3 years ago

What are supertrends that are currently affecting the future of business?

Business

1 answer:

Stels [109]3 years ago

8 0

Available options are:

A. Simple, one-size-fits-all solutions are becoming more popular.

B. Competitive advantage is coming increasingly from knowledge, not information.

C. The overall speed of product releases is decreasing.

D. The way we work is being impacted by offshore suppliers.

Answer:

Option B and D are correct answers.

Explanation:

The reason is that the countries that are gaining on competitive advantages because of increased investment in knowledge and research and development. The companies in the country then apply that knowledge earned by the investment in the research and development and gain competittive advantage over the rival products.

This competitive advantage decides the future of the business because higher are the competitive advantages higher are the growth and profit of the business investments.

The way we are working is going to impact the offshore suppliers in terms of technology, pricing, marketing, sales and after sales services, etc all have implications on the rivals, customers, suppliers and whole of the society. The customer urges the companies to use environmental friendly operations in manufacturing of products, the company urges its suppliers and supplier urges its suppliers and likewise we have a chain of system enforcement. So yes it is true the way we work in a society affects the suppliers in the other society.

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Wells Company's delivery truck, which originally cost $70,000, was destroyed by fire. At the time of the fire, the balance of th

beks73 [17]

Answer:

D) $17,500 gain.

Explanation:

Wells Company should record the following transactions:

Dr Cash account 40,000
Dr Accumulated Depreciation Vehicles account 47,500
Cr Vehicle account 70,000
Cr Gain on Disposal account 17,500

$40,000 in cash was received and the accumulated depreciation balance should equal to zero, therefore they must be debited.

The vehicles account balance should equal zero and the rest is gain on disposal, therefore they must be credited.

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3 years ago

Kim Inc. is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Old E

Ulleksa [173]

Answer:

Kim Inc.

The net advantage (disadvantage) of replacing the old equipment with the new equipment is:

= $7,500.

Explanation:

a) Data and Calculations:

Old Equipment New Equipment

Purchase price $262,500 $450,000

Accumulated depreciation 95,000 0

Annual operating costs 300,000 245,000

Total operating costs for 10 years 3,000,000 2,450,000

Salvage 92,500 0

Total incremental cost $2,907,500 $2,900,000

b) The net advantage obtained by Kim for replacing the old equipment with the new equipment is $7,500 ($2,907,500 - $2,900,000). Note that the purchase price of the old equipment with its accumulated depreciation are not relevant costs. This case is worked out without taking into account the time value of money. Assuming that the present value of the cash flows was computed, a different result and conclusion would be reached.

4 0

3 years ago

Income statement under absorption costing and variable costing

Len [333]

Answer:

unitary product cost= $102

Explanation:

Giving the following information:

Manufacturing costs Direct materials per unit $60

Direct labor per unit $22

Variable overhead per unit $8

Fixed overhead for the year $528,000

Units produced= 44,000

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

First, we need to calculate the unitary fixed overhead:

Unitary fixed overhead= 528,000/44,000= $12

Now, the unitary product cost:

unitary product cost= 60 + 22 + 8 + 12

unitary product cost= $102

4 0

3 years ago

____________ include veteransâ€™ payments, welfare, and social security payments..

zvonat [6]

Answer:

Statement of Payments

Explanation:

Statement of Payments include veteransâ€™ payments, welfare, and social security payments..

Social Security Benefits are payments made to qualified retirees, disabled persons, to their spouses, children and survivors etc.

A statement of payments is usually submitted with income tax return to receive the Senior Citizens'€™ Exemption.

7 0

3 years ago

Which of the following would NOT be classified as a current asset on a classified balance sheet? 答案选项组 Intangible assets Short-t

Zinaida [17]

Answer:

Intangible assets

Explanation:

A classified balance sheet is a financial statement that classifies the components in the balance sheet into different groups. For example, assets are classified into current or non current asset

Current assets are all the assets that are either used by a company or sold in the course of the year of the company.

Current assets include

cash, cash equivalents
accounts receivable
stock inventory
marketable securities
pre-paid liabilities

Intangible assets are classified as noncurrent (long-term) assets

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3 years ago