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3 years ago

9

Means producing a product or service of acceptable quality at consistently lower production costs than competitors so that the f

irm can offer the product or service at the lowest price in the industry.

1 answer:

taurus [48]3 years ago

6 0

Cost leadership

U WELCUM

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What is meant by cot plus pricing

KatRina [158]

Answer:

Its technically just a mark up on goods.

Explanation:

Cost plus pricing involves adding a markup to the cost of goods and services to arrive at a selling price.

3 0

3 years ago

Read 2 more answers

Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the followin

ANEK [815]

Answer:

Budgeted Income Statement for the year

Sales (820 units × $ 2,130) $1,746,600

Less Cost of Sales (820 units × $ 1,500) ($1,230,000)

Gross Profit $516,000

Less Operating Expenses :

Selling and administrative expense

Variable (820 units × $ 75) ($61,500)

Fixed ($400,000)

Operating Profit $54,500

Less Non - Operating Expenses :

Interest ( $29,000)

Net Income / (Loss) $25,500

Explanation:

Income Statement shows the company`s performance from its operations.

Income / (Loss) = Sales - Expenses.

4 0

3 years ago

If i am medically retired from the military do i still receive va disability pay

yaroslaw [1]

If you have a VA service-connected disability rating of 10% or higher, you are eligible to receive a monthly compensation check from the VA. The monthly compensation payments vary by your disability rating—and if your rating is 30% or higher—the rates are increased, depending number of dependents you have filed on your claim.

6 0

3 years ago

Clara and Sandra collaborate to open a cafe. They come to an arrangement wherein Sandra manages the cafe from Monday to Wednesda

Shalnov [3]

Answer:

general partnership

Explanation:

General partnership -

It refers to the management of a particular business , by two or more partners in a predefined manner , where the profit is shares equally amongst the partners , is referred to as general partnership .

The decision about the business is taken along with all the partners ,like the financial decisions.

Any loss or profit is shares equally amongst all .

Hence , from the given scenario of the question ,

Sandra and Clara enters into a general partnership .

3 0

3 years ago

Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $1,800 in the bank and leave it there: (Do not ro

klasskru [66]

Answer:

A. $54

B. 55.62

C. $70.46

Explanation:

The formula for calculating compound interest is

FV = P (1 + r ) ^n

FV = Future value

P = Present value

R = interest rate

N = number of years

A. $1,800 (1.03) = $1854

Interest rate = $1854 -$1,800 = $54

B. $1,800 (1.03)^2 = $1,909.62

Interest rate = $1,909.62 - $1854 = $55.62

C. $1,800 (1.03)^10 = $2,419.05

To service the interest rate, we have to determine the future value in year 9

$1,800 (1.03)^9 = $2,348.59

Interest rate = $2,419.05 - $2,348.59 = $70.46

I hope my answer helps you

5 0

3 years ago