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S_A_V [24]
3 years ago
11

Brands like​ victoria's secret underwear and kettle gourmet potato​ chips, which carry a significant premium over​ middle-market

brands but are easy to​ trade-up to because they are relatively​ low-ticket items in affordable​ categories, are called​ ___________________.
a. accessible superpremium brands
b. treasures
c. old luxury brand extensions
d. brands that are trapped in the middle
e. masstige goods
Business
2 answers:
kifflom [539]3 years ago
5 0
Accessible superpremium brands
Marina86 [1]3 years ago
3 0
A is the answer (accessible super premium brands)
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A company had $7,040,000 in net income for the year. Its net sales were $15,600,000 for the same period. Calculate its profit ma
ivann1987 [24]

The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.

Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.

Profit margin=44.9%

Explanation to the answer:

Profit margin =Net income / sales

                    =7,050,000 / $ 15,700,000

                    =0.44904

                    =44.9%

Profit margin =44.9%

Learn more about profit margin here brainly.com/question/24161087

#SPJ4

5 0
2 years ago
Zeta Co. reported sales revenue of $4,600,000 in its Income Statement for the year ended December 31, 20X1. Additional informati
Black_prince [1.1K]

Answer:

Zeta would have reported 20X1 sales of $4,280,000.

Explanation:

Note: the additional information in the question is correctly represented before answering the question as follows:

                                                                 12/31/X0              12/31/X1

Accounts receivable                              $1,000,000         $1,300,000

Allowance for uncollectible accounts      (60,000)             (110,000)

The explanation of the answer is now given as follows:

Since sales is equal to cash collections under the cash basis of accounting,  cash collected on accounts receivable can therefore be calculated as follows:

Ending balance = Beginning balance + Sales − Collections − Write-offs ......... (1)

Where;

Ending balance = $1,300,000

Beginning balance = $1,000,000

Sales = $4,600,000

Collections = ?

Write-offs = $20,000

Substituting the values into equation (1) and solve for collections, we have:

$1,300,000 = $1,000,000 + $4,600,000 − Collections − $20,000

Collections = $1,000,000 + $4,600,000 − $20,000 - $1,300,000

Collections = $4,280,000

Therefore, Zeta would have reported 20X1 sales of $4,280,000.

7 0
2 years ago
Suppose Jack Roper pays his employees $19.25 per hour at his organic rice packaging plant. He does this even though the market r
nydimaria [60]

Answer:

In my opinion Jack believes in the efficiency wage theory. This theory states that an increase in wages will increase labor productivity, lower staff turnover and attract the best possible employees.

So when Jack increases his employees' salaries, their increased productivity will recoup the extra labor costs. At the end, Jack believes his profit will increase because of the higher wages he pays.

8 0
3 years ago
Under the original issue discount (OID) rules as applied to a three-year certificate of deposit:a. All of the income must be rec
storchak [24]

Answer:

D. The interest income will be greater in the third year than in the first year.

7 0
3 years ago
Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? Check a
Rashid [163]

Answer:

Paying higher wages boost up employees to be more productive, as higher wages is considered as a source of motivation to the employees and they will improve their level of work and complete their task in an effective and efficient manner which leads to productivity at workplace. Hence, this automatically leads to timely completion of work at almost zero cost.

The reasons why some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor are as follows:

  • Paying higher wages helps workers to be healthier in some developing countries.
  • Higher wages attract a more competent pool of workers.
  • Paying higher wages encourages workers to be more productive.

3 0
3 years ago
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