A document which is an illegal copy of something. made for the purpose of deception, is known as

Beautiful Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follo

mr_godi [17]

Answer:

Option (A) is the correct answer to this question.

Explanation:

The cessation of the Sporty line would forfeit the profits produced by the Sporty line business, but the business (Beautiful Watches) will have to bear the $38,000 fixed expenses involved by Spotify Watches.

However, if production continued, the Sporty watches would have suffered a loss of $32,000. The company will bear fixed costs regardless of whether the company continues or discontinues the Sporty line market.

Accordingly, the gross operating profits should have been

= Total operating expenses - ( $ 38000 - $ 32000)

= $ 55000 - ( $ 38000 - $ 32000)

= $ 55000 - $ 6000

= $ 49000

There is also a fall of $6000 ($55000-$49000) in operating profits.

Other options are incorrect because they are not related to the given scenario.

7 0

3 years ago

An industry is considered to be global to the extent that its industry position in one country is dependent upon the industry po

Minchanka [31]

Answer:

False.

Explanation:

False, Because a global company is the one that operates in different countries. It does not have to depend on the position of industry in other countries. If a company is operating in different countries then it is a global company. Moreover, in the case of a global company, the company sells its product in that country without changing its quality. For example, a global company selling soda in different countries. In this case, the company will not compensate for its product according to the culture of that country rather it will impose its business model.

5 0

3 years ago

The following table summarizes Nowman's non-cancelable operating lease payments with remaining terms in excess of one year for t

Anna007 [38]

Answer:

$1,872,000

Explanation:

The amount of operating lease obligation that needs to be reported on the balance sheet on December 31, 2018 is the total lease payment in next following years

= $220,000 + $180,000 + $240,000 + $210,000 + $190,000 + $832,000

= $1,872,000

If you want to know the payment lease in 2024 - 2027, we do as following:

The average of prior years between 2019 to 2023

= ($220,000 + $180,000 + $240,000 + $210,000 + $190,000)/ 5 years

= $208,000

And for years after 2023, the annual lease payment should be treated as the average of prior years between 2019 to 2023, then lease payment in 2024 - 2027 is $208,000 annually. Total $832,000 in 4 years.

8 0

3 years ago

You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 16 percent, –5 percent, 19 perc

Kaylis [27]

Answer:

(A) 8.22%

(B) 7.5%

Explanation:

The first step is to calculate the average nominal return

Average nominal return= R1 + R2 + R3 + R4 + R5/5

= 16 +(-5) + 19 + 13 + 10/5

= 16-5+19+13+10/5

= 53/5

= 10.6%

(A) The average real return can be calculated as follows

= (1 + average nominal return)/(1+ inflation) -1

= (1+ 10.6/100)/(1+2.2/100) -1

= (1+0.106)/(1+0.022)-1

= 1.106/1.022-1

= 1.08219-1

= 0.08219 × 100

= 8.22%

(B) The average nominal risk premium can be calculated as follows

Average risk free rate= Nominal average t-Bill rate-inflation

= 5.3% - 2.2%

= 3.10%

Average nominal risk premium= average nominal return -average risk free rate

= 10.6% - 3.10%

= 7.5%

5 0

3 years ago

The newest version of a product like Crutchfield headphones is likely to use _____, while the new version of Monster Energy is l

PolarNik [594]

The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing

<h3>What is price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.

To know more about price skimming follow the link:

brainly.com/question/15371394

#SPJ4

3 0

1 year ago