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UkoKoshka [18]
3 years ago
6

Samantha runs a store that exclusively sells handmade vegan cosmetics. The store has a wide range of products manufactured by di

fferent companies. The store is relatively small in size and Samantha did not have to invest a lot in it. She knows that only a small segment of customers buy such products and she exclusively focuses on them. Which of the following can be inferred from the scenario?
A) Samantha runs a wholesale store.
B) Samantha uses a niche strategy in the retail industry.
C) ​Samantha uses a cost leadership strategy in the service industry.
D) ​Samantha uses a product differentiation strategy in the manufacturing industry.
E) Samantha uses a market penetration strategy in the manufacturing industry.
Business
1 answer:
olasank [31]3 years ago
8 0

Option B

Samantha uses a niche strategy in the retail industry can be inferred from the scenario

<u>Explanation:</u>

A niche retailer is a company that trades a particular type of goods inside a particular category, or niche. While niche retailers may not request too large gatherings of consumers, they can reach the unique demands of the pitifuller groups they target.

Niche marketing is an exhibit strategy that sharpens on a unique target market. The company strives to build a protracted-term association with these little sets of customers. The market extent of the niche segment should be satisfactory to assist the business and guarantee profitability.

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On January 2, 2018, Howdy Doody Corporation purchased 15% of Ranger Corporation's common stock for $58,000. Ranger's net income
insens350 [35]

Answer:

Howdy Doody show in the 2018 income statement as income from this investment is $24225

Explanation:

given data

purchased = 15%

common stock = $58,000

net income 2018 = $15,000

net income 2019 = $58,000

dividend  = $61,500

fair value = $73,000

to find out

How much Howdy Doody show in the 2018 income statement as income from this investment

solution

we know that net income to be reported as income by investment is the sum of income from dividend + unrealised gain

so here

unrealised gain = increase in value of stock that is

= $73,000 - $58,000 = $15000      .............1

and

income from dividend is  = 15 % of $61,500

income from dividend = $9225       .................2

now add equation 1 and 2

Howdy doody show in 2018 income statement as income from this investment = Dividend revenue + Unrealized holding gain

income statement = $9225 + $15000

income statement = $24225

4 0
3 years ago
Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 780 June 10 2
blsea [12.9K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

June 1: $780/150 units= $5.2 per unit

June 10: $1,170/200 units= $5.85 per unit

June 15: $1,260/200= $6.3 per unit

June 28: $990/150= $6.6 per units

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand.

Units sold= total units - ending inventory

Units sold= (150 + 200 + 200 + 150) - 210= 490 units

<u>The method with the lowest cost of goods sold will have the highest income:</u>

FIFO (first-in, first-out):

COGS= 150*5.2 + 200*5.85 + 140*6.3= $2,832

LIFO /last-in, first-out)

COGS= 150*6.6 + 200*6.3 + 140*5.85= $3,069

Weighted-average:

Weighted-average price= (5.2 + 5.85 + 6.3 + 6.6)/4= 5.99

COGS= 490*5.99= $2,935.1

The inventory method that will provide the highest gross profit is FIFO.

4 0
3 years ago
The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ
alukav5142 [94]

The process being employed in the scenario above is called quality control. This is a system being used in means of maintaining standards with the use of testing out samples or products in order to check and maintain the standards that has been implemented.

6 0
3 years ago
Loan Term - Interest Rate - Monthly Payment24 months - 2.5% - $342.08 36 months - 3% - $232.65 48 months - 4% - $180.63 60 month
a_sh-v [17]

Answer:

Option B 36 months

Explanation:

The reason is that it meets both the budget requirement which is it must be under $250 and must be the one that pays the principle and the interest amount as quickly as possible. So if Markel choses the option with monthly instalments made within 36 which is under $250 then it will also enable him to pay his liabilities as early as possible.

8 0
2 years ago
Upward and downward changes in aggregate economic activity, as measured by GDP, are called: Group of answer choices
8_murik_8 [283]

Upward and downward changes in aggregate economic activity, as measured by GDP, are called Business cycles.

<h3>What is  Business cycles?</h3>

Business cycles can be regarded as the  cyclical upswings as well as the downswings that is been used in in the  broad measures of economic activity.

Therefore, Business cycles is Upward and downward changes in aggregate economic activity, as measured by GDP.

Learn more about Business cycles at:

brainly.com/question/22560632

#SPJ1

4 0
1 year ago
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