Answer: Diversification
Explanation:
Diversification refers to the process of enlarging the range or products, processes or field of operation in the attempt to minimize risk and maximize profits. Richard could see the demand for tow-able recreational vehicles declining so beginning in the early 1970s he used his equipment, employees, and professional network to design and build utility trucks, a more recession-resistant industry. Thus, Richard's act of varying the product from tow-able recreational vehicles to building utility trucks is an example of diversification.
Answer:
$14.4 per hour
Explanation:
Given the above information, the standard direct labor rate per hour
is computed as
Standard direct labor rate per hour
= Total standard direct labor cost / Total standard direct labor hours worked
= (SP × SQ) / SQ
= $900,000 / 62,500
= $14.4 per hour
Therefore, the standard direct labor rate per hour is $14.4
Answer:
as part of other income.
Explanation:
A bond's interest income is obtained by multiplying the carrying amount and the market interest rate. Bonds pay interest to the bondholder and when the security is mature it pays off the principal invested. Interest payments are not fixed but rather vary with level of earnings of the company.
Interest revenue on bonds is considered as part of other income because it is income realised from non operating activities, so it cannot be classified as operating income.
Answer:
Reach
Explanation:
Marketing reach is a metric used by sellers to estimate the portion of the target market that have been exposed to their adverts.
This is an important metric that shows how effective marketing efforts are, it also indicates wether more effort should be put into advertising to increase the reach.
Reach is calculated by dividing impressions by frequency.
Impression is the total number of times an advert is displayed while frequency is the number of times it is viewed.