Answer: Relationship Behavior
Explanation: Thyimach, has been purchasing iron shafts from Metaljun for over a decade. There is a relationship of buyer and supplier developed among both of them. When Thyimach designs new model of machine Metaljun provides with new specification without informing Thyimach and Thyimach uses Metajun's supplies only. So this is a case of relationship behavior. Since the relationship was strong, Thyimach also didn't mind using the product and Metaljun knew it wouldn't be a loss for him.
Answer:
D) brand extension
Explanation:
Brand extension basically refers to extending or stretching a successful brand into other product lines which may or may not even be related to the original product. In this case, Nike was originally an athletic shoe manufacturer but now has extended its brand into different types of products. The new products benefit from customer loyalty to Nike's brand.
It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.
<h3>How to calculate the target profit</h3>
From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.
Therefore, the number of blankets that must be sold to achieve the target profit will be:
= (520000+320000)/21
= 40000
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Answer:
$1,203.83
Explanation:
For computing the present value using the continuous compounding we need to apply the formula and the calculation part is also shown in the spreadsheet. Kindly find it below.
Given that
Face value = $2,600
Interest rate = 11%
Time period = 7 years
The formula is shown below:
= Face value ÷ EXP (Interest rate × Time period)
= $2,600 ÷ EXP (11% × 7)
= $1,203.83
Answer:
A company declared $500,000 of dividends that will be paid two months from now. Total liabilities and dividends payable would increase.
Explanation:
The declaration of dividend increases the total liabilities as a result of increase in current liabilities. Dividend declared is a component of current liabilities, which increases the total liabilities.
There will also be an increase in dividends payable since the dividend is declared but not paid until two months. Dividend not yet paid is a component of dividend payable, which increases the current liabilities and total liabilities of the company.