The company's net income will increase if this product line is eliminated because of the decrease in the fixed cost.
<u>Explanation:</u>
In Economics, fixed costs, backhanded expenses or overheads are operational expense that are not reliant on the quantity of products or administrations delivered by the business. They will in general be time-related, for example, intrigue or leases being paid every month, and are regularly alluded to as overhead expenses.
With the decrease in the fixed costs of the company by closing this product line, the total cost of the company will also decrease and then this will increase the net income of the company.
Answer:
Letter B is correct.<u> Reduced company risk by deciding where when how and whom a product service or brand will be marketed.</u>
Explanation:
Marketing segmentation can be defined as a marketing strategy to identify groups of people with preferences and similarities in the response and choice of products or services.
Therefore, by segmenting the market, Vick reduced the company's risk, as it was able to identify its types of potential customers and the similarities between them, in order to develop a more specific marketing plan that understands and meets their needs and desires. With market segmentation, it is possible for a company to adjust its product and distribution channel, develop more efficient campaigns, increase market share, meet its consumer and satisfy its needs.
Answer:
The operating activities section of the statement of cash flows for 2019 is $282,400
Explanation:
This an indirect method of preparing cash flow. And indirect method starts with net income.
Please refer to the attached for the calculation.
Answer:
Turn the company into a public Enterprise.
Explanation:
Among options, the option to turn the company into a public enterprise is the most viable, thanks to the advantages of Public Enterprises including:
• Charges low prices.
• Provide essential facilities like education, health, free or at reduced prices.
• Ensures efficient control of industry.
• Expert administrative services.
• Money can be made available for R&D
• Private monopoly which would cause high prices is avoided.
• Foreign denominations of the economy are avoided.
In which, “money can be made available for R&D” is critical objective of government.