The perfect home brokerage firm was found guilty of running deceptive ads. The federal trade commission might require all of the following except Letters of apology to all affected consumers.
<h3>
What is the federal trade commission?</h3>
The Federal Trade Commission is an independent agency of the United States government whose primary objective is to enforce civil antitrust law in the United States and to promote consumer protection.
The FTC and the Department of Justice Antitrust Division share authority over federal civil antitrust enforcement.
The federal trade commission is essentially a police that protects trade especially consumers.
Learn more about federal trade commission;
brainly.com/question/8244775
#SPJ1
Answer:
Vision Statement
Explanation:
The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT {Strengths , Weakness , Opportunities , and Threats } analysis. Once the SWOT is complete , the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization's work , called <u>Vision Statement.</u>
Vision Statement is a important point in strategical planning. It tells what an organization intended to achieve or we can say it highlight the objective of the organization .
Vision Statement should we s<u>hort , simple and clearly specified.</u> It plays an i<em>mportant role</em> in an organization .
1) Despite that MNI have been owned by various companies in the last 60 years, it has maintained itself as a separate identity in the market.
- The separate identity held helps to attributed itself to only a small size car market and also differentiated itself in terms of look and style.
- MNI positioned itself as manufacturer of youngster car with a feel of luxury at affordable price and emotional value to the car.
2) Because MINI have maintained its as a separate brand, it has around 5 billion brand equity value.
Read more about brand equity:
<em>brainly.com/question/19081560</em>
Answer:
fixed Cost 39,000
Explanation:
<u>The break even point is the level of sales at which net income equal to zero.</u>
This means the company operates and pays their fixed and variable cost
<u>The formula for break even point in units is:</u>
<u>Where:</u>
Contribution per unit = Selling price - variable cost
<em>15 per unit = 28 - 13 </em>
<em />
We are given the BEP and we need to solve for Fixed cost
Fixed Cost = 22,600 x 15 = 39,000
The depreciation expense is irrelevant for the case, we can solve for the total fixed cost directly by using the BEP
Answer:
does not include inventory as part of the numerator
Explanation:
The acid test ratio is somewhat similar to the current ratio. Both ratios are called liquidity ratio in which the short term assets are converted into cash to pay its short term liabilities. But the only difference in these two is
Current ratio includes current assets and current liabilities
While on the other hand, the acid test ratio or quick ratio include quick asset and current liabilities
Quick asset = Total Current assets - inventory - all other current assets
As inventory takes more time to convert into cash
