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sleet_krkn [62]
3 years ago
5

Armani, the exclusive fashion house, uses the following competitive strategy with the products it sells a. Broad Cost Leadership

b. Focused Cost Leadership c. Competitive intelligence d. Differentiation
Business
1 answer:
frez [133]3 years ago
8 0

Answer:

d. Differentiation

Explanation:

Under differentiation strategy, the company differentiates it's products from those of the competitors by the addition of unique attributes which gradually create brand loyalty for such products.

Product differentiation can be accomplished by different packaging, labeling or using different promotional strategies.

Such differentiation may lead to the brand gaining competitive advantage.

In the given case, Armani employs product differentiation strategy for it's products which are targeted at niche category of customers i.e royal customers.

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On January 1, 2012, Gucci Brothers Inc. started the year with a $492,000 balance in Retained Earnings and a $605,000 balance in
dsp73

Answer:

option (C) $1,201,300

Explanation:

Data provided in the question:

Balance in retained earnings = $492,000

Balance in Common Stock = $605,000

Net income earned = $92,000

Dividend paid = $15,200

Common stocks issued = $27,500

Now,

Common Stock

= Balance in Common Stock + Common stocks issued

= $605,000 + $27,500

= $632,500

Retained Earnings

= Balance in retained earnings + Net income earned - Dividend paid

= $492,000 + $92,000 - $15,200

= $568,800

Total Stock Holders Equity on Dec 31,2012

= Common Stock + Retained Earnings

= $632,500 + $568,800

= $1,201,300

Hence,

The answer is option (C) $1,201,300

4 0
3 years ago
Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares of cumulative preferred 1% stock, $
Kitty [74]

Answer:

#1 36,000 preferred

#2 58,000 preferred

#3 58,000 preferred //  17,000 common

#4 50,000 preferred // 74,000 common

Explanation:

preferred stock dividends:

40,000 x $125 each x 1% = 50,000

the common stock will take whatever is left after preferred stock.

first year: $ 36,000

asthe preferred stock are cumulative, there is 14,00 dividends in arrears

second year: $ 58,000

we got the 50,00 for the current year plus the 16,000 in arrears

this amount declared is not enough, there are still 8,00 in arrears

third year: $ 75,000

there is 58,000 dividends for preferred stock

the rest goes for common stock

fourth year: $ 124,000

there is no arrears so the preferred only receive the 50,000 and the rest goes for common shares.

3 0
3 years ago
Which sentence makes a logical comparison? bob's stocks are worth more than leslie's. bob's stocks are worth more than leslie. l
Naddika [18.5K]
The first one!
Bob's stocks are worth more than leslie's.
3 0
3 years ago
Read 2 more answers
What is the principle of the law of supply?
seropon [69]

B. The higher the price, the larger the quantity produced.

6 0
3 years ago
Read 2 more answers
At December 31, 2020, Carter Company had 450,000 shares of common stock issued and outstanding, 350,000 of which had been issued
Dennis_Churaev [7]

Answer:

$3.03

Explanation:

Calculation to determine What should be Twin Rivers' 2020 earnings per common share,

Using this formula

Earnings per common share=

Net Income for 2020/Weighted Average Shares Outstanding

Let plug in the formula

Earnings per common share=$1,160,000/ [(350,000 x 8/12) + (450,000 × 4/12)]

Earnings per common share=$1,160,000/(233,333+150,000)

Earnings per common share=$1,160,000/383,333

Earnings per common share= $3.03

Therefore What should be Twin Rivers' 2020 earnings per common share is $3.03

4 0
2 years ago
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