What the case in the question describes in terms of what Britney’s pricing objective is called sales-orientation. Sales-orientation means that <u>the business approach is to make profit by focusing on persuading people to buy their products instead of understanding what the customer actually requires. </u>
The contrast to this approach is called <em>market orientation</em>, where the business seeks to understand what the customer wants and needs and believe that the answer to this would mean increased profits and revenue for the company.
Answer:
WACC = 12.45%
Explanation:
WACC= cost of equity * weight + cost of pref. equity * weight + cost of debt * weight * (1 - T)
WACC = 0.6 * 16.8 + 0,03 * 11.4 + 0,37 * 8.3 * (1 - 0,34)
WACC is the weighted average of the costs of the company, so it is necessary to multiply the weight of each source of capital (equity, preferred equity and debt) for its corresponding cost. Debt has a partiuclarity and is that it is before taxes so it becomes a tax shield for the company and taxes in fact reduce the cost of debt, for that reason we also multiply the cost of debt by (1 - T)
Answer:
An employer is required to accrue a liability for employee's right to receive compensation for future absences when certain conditions are met and as a result it makes it a requirement for a liability to be accrued for vacation benefits that employees have earned but have not yet taken.
In the given case, employer offers each of its 50 employees 20 vacation days per year. As of January, each employee has earned 1.5 days. The Vacation days which are unused at the end of the year may be carried forward to the next year. There is no anticipation of any forfeitures.
Therefore employer must record a liability for employees vacation days earned so far for presenting true and fair view of the financial statements.
Answer:
The Supreme Court ruled in favour of the Complainants, enforcing the contract.
Explanation:
The Lucy Vs Zehmer case was one of decision on if a contract was binding or not on the basis of the undisclosed intentions of the parties involved in the contract. Zehmer alleged that he had jokingly sold and transferred title to Lucy while drunk. However the court ruled that contract for the sale of land to Lucy was valid on the basis that the secret intentions of Zehmer was not known or disclosed in the sale of the land and only his actions count for the contract to be binding.
Answer:
the GDP is $6,850 billion
Explanation:
The computation of the GDP for this economy is as follows:
GDP = Personal consumption expenditure + Government purchases + Gross private domestic investment + Exports- imports
= $4,800 + $1,050 + $1,130 + $240 - $370
= $6,850
hence, the GDP is $6,850 billion
