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lbvjy [14]
4 years ago
13

Calvin knew his small local hardware store could not compete on price with the big-box discounters so he began offering classes

for new homeowners and found other ways to provide services the bigger stores don't. Calvin's competitive edge is:
Business
1 answer:
Dafna1 [17]4 years ago
3 0

Answer:

Customer focus

Explanation:

Customer focus is a business philosophy that places the customer at the center of all business development and management decisions. It is a marketing approach also, that involves products and services to be developed around consumer’s preferences.

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Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has
Ne4ueva [31]

Answer:

D) has sunk costs of $6,000

Explanation:

Sunk cost is a cost which does not effect the financial decision, as this cost has already been incurred, and now it cannot be revoked.

Here maintenance cost is a regular expense which has to be incurred, and its not the cost which has already been incurred, same applies for operating cost.

Two years ago firm had spent $6,000 upgrading the equipment which was incurred earlier and now that cost cannot be revoked, further it will not lay any impact on any of the decisions made by the financial management.

Further amount to be spend of $5,000 has yet to be incurred and the decision to incur such cost can also be avoided, therefore it is not a sunk cost.

In this scenario D) has sunk sunk cost of $6,000

8 0
3 years ago
Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company�s products, a football helmet for the N
ArbitrLikvidat [17]

Answer: 1: standard cost of total helmets $15,680

2:

Explanation:

See attached file

8 0
3 years ago
The ACC Tutoring Service provides tutoring to accounting students. The volume of tutoring is low at the beginning of the semeste
mrs_skeptik [129]

Answer:

Estimated fixed cost is $17,500.

Explanation:

Applying the high-low method, first, we calculated the variable cost per unit of the firm: ( 125,000 - 55,000) / (4,300 - 1,500) = $25 per tutoring hour.

We have : Total cost of a firm = Variable cost per tutoring hour x tutoring hour delivered + fixed cost.

put the number in the formula, using the high point ( using low point will also result in the same result of fixed cost), we have:

125,000 = 25 x 4,300 + fixed cost <=> Fixed cost = 125,000 - 25 x 4,300 = $17,500.

8 0
3 years ago
This year Randy paid $29,050 of interest on his residence. (Randy borrowed $464,000 to buy his residence, and it is currently wo
Luden [163]

Answer:

the last part of the question is missing, so I looked for it:

a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.

b. Randy had no investment income this year, and his AGI is $75,000.

a) Randy can deduct $31,575:

  • the mortgage interest is deductible
  • the car loan interest is not deductible
  • he can deduct $4,725 - $2,200 = $2,525 as investment interest expense

b) Randy can deduct $29,050

  • the mortgage interest is deductible
  • the car loan interest is not deductible
  • since he had no investment revenue, he cannot deduct any investment interest expense

5 0
3 years ago
Which of the following is an indication of a possible breach of asset security?
sleet_krkn [62]

Answer:  D

Explanation:

Give me brain and 5 stars and a thank you

4 0
3 years ago
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