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trapecia [35]
3 years ago
9

The new-product process stage of market testing involves which two of the following? Exposing actual products to prospective con

sumers Launching full-scale production for the product Ensuring the product meets the standards established by the protocol Using realistic purchase conditions to see if consumers will buy
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

Using realistic purchase conditions to see if consumers will buy

Exposing actual products to prospective consumers

Explanation:

Market testing is a scenario in which the company may test different market scenarios in order to check which market situation is going to be the best for the new product.

Marketing testing also involves processes such as exposing actual products to prospective consumers and  using realistic purchase conditions to see if consumers will buy in order to collect data of how the product will react in the real time market and consumers and prepare it accordingly.

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You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $23,000, $29,000, $56,000,
taurus [48]

Answer:

$168,078

Explanation:

Calculation for what is the value of the settlement offer today

Value of the settlement offer today= [$23,000 / (1 + 0.045)] + [$29,000 / (1 + 0.045)^2] + [$56,000 / (1 + 0.045)^3] + [$84,000 / (1 + 0.045)^4]

Value of the settlement offer today=$22,010+ $26,556+$49,073+$70,439

Value of the settlement offer today=$168,078

Therefore the value of the settlement offer today will be $168,078

7 0
2 years ago
The minimum efficient scale is:Group of answer choicesthe minimum output level where the firm’s average total costs are lowest
Ahat [919]

Answer:

the minimum output level where the firm's average total costs are lowest.

Explanation:

When we are analyzing a firm's long-run average cost (LRAC) curve, the minimum efficient scale is the lowest point or range on the curve. This means that at this point or range, minimum production costs are achieved. It is supposed to be the point or range at which the firm should be able to maximize its profits, although that doesn't only depend on costs but also on revenues. The point at which profits are maximized is given by the intersection of the marginal revenue curve and the minimum efficient scale.  

6 0
2 years ago
Sally and Samantha have decided to form a partnership. They have agreed that Sally is to invest $195,000 and that Samantha is to
lapo4ka [179]

<u>Answer/Explanation</u>:

<em>a. Equal division.</em>

<em>$235,000 / 2 = $117,500.</em>

<em>b. In the ratio of original investments.</em>

<em>For Samantha = 65,000 / (65000+195000) * 100 = 25%;</em>

<em>25% of $235,000= $58,750.</em>

<em>For Sally = 195,000 / (65000+195000) * 100 = 75%;</em>

<em>75% of $235,000= $176,250</em>

<em>c. In the ratio of time devoted to the business.</em>

<em>For Sally = 1 x $235,000 = $235,000</em>

<em>For Samantha= 1/2 x $235,000.</em>

<em>d. Interest of 5% on original investments and the remainder equally.</em>

<em>Interest</em>

<em>For Sally= 5% of $195,000 = $9,750</em>

<em>For Samantha= 5% of $65,000 = $3,250.</em>

<em>The remainder= 235,000 - 3,250 + 9750 = $222,000/2= $111,000 equally.</em>

<em>e. Interest of 5% on original investments, salary allowances of $50,000 to Sally and $85,000 to Samantha, and the remainder equally</em>

<em>Interest</em>

<em>For Sally= 5% of $195,000 = $9,750</em>

<em>For Samantha= 5% of $65,000 = $3,250.</em>

<em>The remainder= 235,000 - (9750+50000+3250+85000)= $87,000</em>

<em>(g), except that Samantha is also to be allowed a bonus equal to 20% of the amount by which net income exceeds the total salary allowances</em>

<em>Total salary allowances= $85,000+$65,000=$150,000;</em>

<em>Net income exceeds value by $235,000-$150,000= $85,000</em>

<em>Therefore, 20% of 85,000 = $8,500 as bonus.</em>

<em />

5 0
3 years ago
In a financial statement audit performed following AICPA Professional Standards, how frequently must an auditor test operating e
Anni [7]

Answer: D. At least every third audit

Explanation: According to the AICPA Professional Standards of auditing. Testing the operating effectiveness of controls that appear to function as they have in past years and on which the auditor wishes to rely upon in the current year must be carried out at least every 3rd Audit.

This is done if the auditor plans to use audit evidence from a prior audit about the operating

effectiveness of specific controls. The auditor shall establish the continuing relevance of that

evidence by obtaining audit evidence about whether changes in those controls have

occurred subsequent to the previous audit.

3 0
3 years ago
In 20X5, Elm Corp. bought 10,000 shares of Oil Corp. at a cost of $20,000. On January 15, 20X6, Elm declared a property dividend
xxMikexx [17]

Answer:

c) $25,000

Explanation:

A property dividend should be recorded in retained earnings at the property's  <u>market value at date of declaration.</u>

<u>The date of declaration is the date on which the firm has made the commitment to pay the dividend. The market value on this date is the value that was considered when the board made the decision to distribute a property dividend and thus is the appropriate measure of the sacrifice to the firm. </u>

<u> </u>In application to the scenario, <u>the property dividend will be recorded in retained earnings at the market value at the date of declaration which is Jan 15 </u>NOT on the day it is payable.

Hence, retained earnings will reduce by $25,000

In 20X5, Elm Corp. bought 10,000 shares of Oil Corp. at a cost of $20,000. On January 15, 20X6, Elm declared a property dividend of the Oil stock to shareholders of record on February 1, 20X6, payable on February 15, 20X6. During 20X6, the Oil stock had the following market values:  

January 15

$25,000

February 1

26,000

February 15

24,000

6 0
3 years ago
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