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3 years ago

Because of marketing, we have more choices, better products, and lower prices.

Business

1 answer:

Snezhnost [94]3 years ago

8 0

Answer:

True

Explanation:

That is true for any product but luxury products.

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Shawn and Harry signed a contract for Shawn to build a house for Harry according to the specifications provided by Harry. The co

Nostrana [21]

Answer:

C) if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.

Explanation:

From the question Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. But Shawn did not follow the specifications now Harry doesn't want to pay him the contract amount.

Under doctrine of specific performance, Harry can pay less money than the contract price. Because Shawn has performed substantially, he is not entitled to receive the contract price as agreed.

4 0

3 years ago

Cold Ice has a profit margin of 8.3 percent and a payout ratio of 42 percent. The firm has annual sales of $386,400, current lia

erastova [34]

Answer:

The internal growth rate is 4.36%

Explanation:

net income = 8.3%*386,400

= $32,071.20

net working capital = current assets – current liabilities

current assets – 37200 = 16700

= $53,900

total assets = current assets + net fixed assets

= 53,900 + 391,500

= 445,400

Then:

ROA = 53,900/445400

= 0.072005

b = 1 - 48% = 0.52

internal growth rate = 0.072005*0.52/1 - (0.072005*0.52)

= 0.041763/0.958237

= 4.36%

Therefore, The internal growth rate is 4.36%

7 0

4 years ago

Q3) At an output level of 45,000 units, you calculate that the degree of operating leverage is 2.79. If output rises to 48,000 u

Luden [163]

Answer: 18.6%

Explanation:

Degree of operating leverage = % change in Operating cash flow / % change in output

% change in Output

= $\frac{48,000 - 45,000}{45,000}$

= 6.7%

Degree of operating leverage = % change in Operating cash flow / % change in output

2.79 = % change in Operating cash flow/ 6.7%

% change in Operating cash flow = 2.79 * 6.7%

% change in Operating cash flow = 18.6%

5 0

3 years ago

The supply and demand curves show data for the latest paperback edition in a popular young adult fiction series that has been tu

Grace [21]

Shift D1 right, showing an increase in demand and an increase in equilibrium price.

8 0

3 years ago

Read 2 more answers

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th

tangare [24]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The company based its predetermined overhead rate on the total estimated overhead of $244,800 and 9,800 estimated direct labor-hours.

The actual direct labor-hours were 6,300.

Actual manufacturing overhead for the year amounted to $245,400

First, we need to calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 244,800/9,800= $25 per direct labor hour.

Now, we can allocate overhead based on actual direct labor hour:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 25*6,300= $157,500

Over/under allocation= real MOH - allocated MOH

Over/under allocation=245,400 - 157,500= $87,900 underallocated

8 0

3 years ago