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3 years ago

An augmented product is any extra value that is attached to a physical product that is sold.

1 answer:

4 0

An augmented product is something that has physical and non-physical attributes that add to the value of the product itself.

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A pharmaceutical company announces that it has received Food & Drug Administration (FDA) approval for a new allergy drug tha

Natali [406]

Answer:

b. The stock price will not change, because the market had already incorporated the information about the FDA approval announcement in the stock price.

Explanation:

If the markets are strong form efficient, it means the consensus of the market related to future impact of FDA approval on earnings would be correct, the stock price of today correctly estimates the future earnings, and therefore the stock price would not change when the earnings are released.

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2 years ago

Wall Street financial services firms and banks rewarded employees for developing "innovative" new financial investment vehicles

Nataly [62]

Answer:

Incentive plans

Explanation:

Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.

It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.

6 0

3 years ago

otato Company began the period with an accounts receivable balance of $2,693 and a balance in the allowance for doubtful account

Sphinxa [80]

Answer:

Potato Company

Balance in Allowance for Doubtful Accounts is $575 (Credit).

Explanation:

We can use a T-account for the Allowance for Doubtful Accounts to determine the balance:

Allowance for Doubtful Accounts

a. Accounts Receivable $668 Beginning Balance $494

Ending Balance $575 b. Bad Debt Expense $749

$1,243 $1,243

Ending Balance $575

The allowance for doubtful accounts is a contra account to the Accounts Receivable account. Its purpose to provide some estimation of the uncollectibles as a way of managing the credit risk involved in trade sales.

7 0

3 years ago

Sunland Company had the following department data: Physical Units Work in process, beginning 0 Completed and transferred out 909

ElenaW [278]

Answer:

Equivalent units of production= 98,700

Explanation:

Giving the following information:

Physical Units Work in process, beginning 0

Completed and transferred out 90,900

Work in process, ending 7,800

Materials are added at the beginning of the process.

To calculate the equivalent units, we need to use the following formula:

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 0 + 90,900 + 7,800*1

Equivalent units of production= 98,700

Because the materials are added at the beginning of the process, the percentage of completion is 100%.

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3 years ago

In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this chang

GenaCL600 [577]

Answer:

Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.

Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.

If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.

6 0

2 years ago