Answer:
C) Specialty product
Explanation:
Specialty products are products that customers actively seek to buy because:
- the products possess unique or outstanding characteristics (e.g. luxury goods or sports cars).
- brand loyalty: loyalists have a strong preference for certain products and they will go out of their way to visit a store just to buy that product.
Consumers who purchase specialty products know what type of product they want and don't mind to spend time searching for that product.
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Answer:
The answer is a) Credit to additional Paid In Capital: Treasury Stock Transactions of $10,000.
Explanation:
The repurchased price per share in April 16,2018 is equal to: 660,000/12,000 = $55 per share;
Thus, once the reissued of these 12,000 repurchased shared took place, common stock account will be credited at the amount equal to 55 x Number of share reissued. In case the reissued price is higher than $55, the surplus amount will be Credited into Paid-in Common share account to present the difference between cash receipt and common share recorded; in case reissued price is lower than $55, Retained earning account will be debited to present the difference between cash receipt and common share recorded
As a result, the reissued of share on November 4,2019 will include a $10,00 credited to additional Paid In Capital; calculated as (65-55) x 1,000 = $10,000.
Answer:
The operation manager would want the inventory in front of process A based on the lean system.
Explanation:
To fully understand the basis on which we chose the answer, we need to define what a lean system is.
A Lean system refers to a business process plan. More a of business model canvass that meticulously deal with business process plan and development for the purpose of achieving maximum value in production, client and customer satisfaction while still at a reduced cost of running business. It should also be noted that the lean system is mostly a continuum of existing process and subsequent process progress are mostly determined by the level of integrity attained by the primary design stage.
With the understanding gotten from the definition above, it then obvious from the narrative of the question that the process is consecutive. As such, follows a pattern of A to B to C and thus the level of integrity of process design achieved at A will be passed down to B and C.
This is the more reason why the operation manager will prefer to to want an inventory at A which is the primary point of start.
Answer: 0.22
Explanation: Return on total assets is calculated by dividing net income or operating income from average total assets. It is a profitability ratio which is used by analysts to evaluate the ability of the firm to generate revenue from the given level of assets it have.
where,
= $425,000
Now,putting the values into equation :-
= 0.22
