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irinina [24]
3 years ago
7

General motors targets several different market segments and designs separate automobile makes and models for each. this is an e

xample of
Business
1 answer:
Ad libitum [116K]3 years ago
3 0
<span>General motors targets several different market segments and designs separate automobile makes and models for each. This is an example of <u>differentiated marketing.
</u>
<u />Instead of focusing on one single target market, this company focuses on multiple segments and types of markets and creates different products for each of them. This, they are improving their profits and taking into consideration their consumers' needs and what they want in their products.<u>
</u>
</span>
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What was the spot exchange rate of Canadian dollars for U.S. dollars (USD/CAD) on July 15, 2016? (Round your answer to 4 decimal
exis [7]

Answer:

a) (USD/CAD) on July 15, 2016 was 1.2937

b) six-month forward rate of (USD/CAD)= 0.0165

c) hree-month forward exchange rate of (JPY/USD) on July 15, 2016 is 0.0105263

Explanation:

a) Please see the exchange rate on this link: https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/usd/USD-to-CAD-2016

b) Now it's too far to check forward rate in 2016, so we have to calculate ourselves

6 month forward rate = exchange rate on 15 Jan 2017/ exchange rate on 15 July 2016 -1 = 1.3151/1.2937 -1 = 1.65% semi annual or 3.3%pa

c) please see link https://www.currency-converter.org.uk/currency-rates/historical/table/JPY-USD.html

15/07/2016 1 JPY = 0.0095 USD

15/10/2016 1 JPY = 0.0096 USD

3 month forwar rate = 0.0096/0.0095-1 = 0.0105263

5 0
3 years ago
In a periodic inventory system, the cost of purchases is debited to: Inventory. Purchases. Cost of goods sold. Accounts payable.
Advocard [28]

Answer:

Inventory

Explanation:

A periodic inventory system is an efficient method to record the sale and purchase of inventory. It is a method which instantly using accounting software to record an entry. In the periodic inventory system, the cost of purchases is debited to an inventory account. The reason is that the purchase of goods increases the inventory, which is why the cost of purchases is debited to an inventory account.

5 0
3 years ago
Additional information about the company follows: Hubs require $24 in direct materials per unit, and Sprockets require $17. The
Katen [24]

Question Completion:

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:

                                    Direct Labor     Production

                                 hours per unit          Units

Hubs                                  0.7                 27,000

Sprockets                          0.3                59,000

 Answer:

Fogerty Company

The unit product cost of each product according to the ABC system:

                                           Hubs      Sprockets

Unit production cost       $46.22         $22.46

Explanation:

a) Data and Calculations:

                                          Hubs  Sprockets

Direct materials per unit    $24      $17

Direct labor rate per hour  $14       $14

Direct labor per unit           $9.80   $4.20 ($14 *0.3)

Estimated Activity  Activity Cost Pool Overhead     Hubs  Sprockets  Total

                              (Activity Measure)      Cost

Machine setups (number of setups)    $ 27,000       125         100       225

Special processing (machine-hours) $ 258,000   4,300             0    4,300

General factory (organization-sustaining) $ 124,800 NA          NA        NA

Total overhead expenses                   $409,800

Activity rate:

Machine setups = $120 ($27,000/225)

Special processing = $60 ($258,000/4,300)

General factory = $62,400 ($124,800/2)

2. The unit product cost of each product according to the ABC:

Overhead costs:

                                    Hubs      Sprockets    Total

Machine setups       $15,000      $12,000       $27,000

Special processing 258,000                  0      258,000

General factory         62,400        62,400       124,800

Total overhead     $335,400      $74,400    $409,800

Units produced         27,000        59,000        86,000

Overhead per unit    $12.42            $1.26

                                            Hubs      Sprockets

Direct materials per unit  $24.00          $17.00

Direct labor per unit           $9.80           $4.20

Overhead cost per unit    $12.42            $1.26

Unit production cost       $46.22         $22.46

3 0
3 years ago
A moderately​ risk-averse investor has 50 percent of her portfolio invested in stocks and 50 percent in​ risk-free Treasury bill
Cloud [144]

Answer:

increases and decreases

Explanation:

The budget line will become flat and the slope will decrease. The proportion of stocks in the portfolio will fall.

The equation for the budget line is given by,

Rp=((Rm-Rf)/SDm)*SDp + Rj

where Rp is the expected return on the portfolio, Rm is the expected return from investing in the stock market, Rf is the risk-free return on Treasury bills, SDm is the standard deviation of the return from investing in the stock market, and SDp is the standard deviation of the return on the portfolio.

So when the standard deviation of the return on the stock market increases, the slope of the budget line decreases making the budget line to become flatter. The budget line’s intercept stays the same as Rf does not change. As stocks have become riskier without a compensating increase in expected return, the proportion of stocks in the investor’s portfolio will fall.

6 0
3 years ago
Most manufacturing plants are considered cost centers because they have control over A. sales and costs. B. fixed assets and cos
Ierofanga [76]

Answer:

C. Costs Only

Explanation:

Cost centers are areas in an organization that doesn't add money (profit) directly to the organization, but still cost the organization operation money. They are departments in an organization is which cost are charged. Cost centers don't make profit for the organization directly, but they help in making profit indirectly for the organization. They are areas in a company that incurs cost but in indirectly contribute to income received. Example of a cost center is manufacturing plants. Cost centers have control over costs only.

8 0
3 years ago
Read 2 more answers
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