Answer:
Bergman’s can be more efficient, not cumbersome to consumers
Explanation:
Priya acknowledges that competitors are changing its purchase method to an automated one. She sees the trend in consumer behavior and establishes that Bergman has to adopt this new method to be up to date in regards to market best practices.
Therefore, changing to an automated sales, Pryia believes that Bergman will be more modern, efficient and faster.
Answer:
a. $1,420,000
b. $4,514,800
Explanation:
When it comes to fixed assets, all costs that directly helped make the asset available for use are to be capitalized.
Cost of Land
= Purchase Value + Cost Incurred to Tear Down 2 Buildings + Legal Fees + Title Insurance Cost + Assessment Cost - Salvage
= 1,300,000 + 110,000 + 5,000 + 3,500 + 9,500 - 8,000
= $1,420,000
Cost of Building
= Architect's Fees + Liability Insurance Cost + Excavation Cost + Contractor's Payment + Interest Cost
= 46,000 + 3,800 + 15,000 + 4,200,000 + 250,000
= $4,514,800
Answer:
$56,000
Explanation:
The computation of the warranty expense for the month of November is shown below:
Warranty expense = Number of printers × Estimated percentage of defectives parts × Average cost per printer
= 20,000 printers × 2% × $140
= 400 × 1460
= $56,000
We simply multiplied the number of printers with the estimated percentage and the average printer cost so that the warranty expense could come
Answer:
The answer is intensive distribution strategy.
Explanation:
Intensive distribution strategy occurs when a company tries to sell their products through as many outlets as possible, thus ensuring that customers will encounter the company’s products in various distributor points. It is generally done to increase sales of products. Companies that would use this type of strategy are typically those that are competing in a perfect competition market, since product unavailability would just make customers of the product use a different brand from a competitor’s company instead.
Short-term price reductions that can be used to retaliate against a competitor's actions like introducing a new product are called deals.
Instead of considering an asset's long-term fundamentals, short-term trading mostly concentrates on price action. This trading strategy looks for market volatility around significant economic data releases, corporate earnings, and political events in an effort to profit from sudden changes in market prices.
A mutual agreement or communication between two or more parties that intend to conduct business is referred to as a business deal. The transaction is typically carried out between a seller and a buyer to exchange valuable assets including money, products, services, and information.
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