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Ugo [173]
2 years ago
14

According to the Porter (1996) article on Strategy, if there were only one ideal position in a market segment, there would be no

need for strategy.
Business
1 answer:
Brilliant_brown [7]2 years ago
3 0

Answer:

True

Explanation:

The whole purpose of developing a strategy is to create unique and valuable market position, but f there was only one good market position, then every company would just try to reach that position. Through their own particular strategy, each company must try to differentiate themselves from the competition and hopefully reach the intended market position.

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Which of the statements below is​ FALSE? A. Common​ stock's ownership claim on the assets and cash flow of a company is often re
elixir [45]

Answer:

The option B. The profits for common stock owners come before payment to​ employees, suppliers,​ government, and creditors. is the false statement.

Profit is any amount that is left after setting aside the cost and liabilities. It is financial gain which is represented by the difference between the amount that is spent and the amount that has been earned or gained. Whereas common stock is a kind of a common share holder equity which also considered to be a type of a security.

8 0
3 years ago
Which of the following statements about normal costing is not true? Group of answer choices Manufacturing overhead is allocated
Katena32 [7]

Answer:

Direct costs are traced using an actual rate, and indirect costs are allocated using a budgeted rate

Explanation:

Normal costing refers to the actual cost of direct materials, direct labor, and manufacturing overhead applied. This cost is calculated by using a predetermined annual overhead rate.

Direct costs are expenses involved in producing goods or providing services and indirect costs are general expenses that are involved in operating.

The statement about normal costing which is not true is ''Direct costs are traced using an actual rate, and indirect costs are allocated using a budgeted rate''

5 0
3 years ago
Journalizing Adjusting Entries Journalize the following adjusting entries in the general journal below.
Zarrin [17]

Answer:

See below

Explanation:

1. Supply expense.                   700

       Supplies inventory.                        700

2. Insurance expense.              650

        Prepaid insurance.                         650

3. Depreciation expense.          200

        Accumulated Depreciation.           200

4. Wages expense.                    100

         Wages payable.                             100

7 0
3 years ago
plurality of culture along various cultural dimensions or cultural locations social and cultural identity markers which impact t
Over [174]
I’m ugly and I know it Boy
8 0
3 years ago
Narrow Falls Lumber has total assets of $913,600, total debt of $424,500, net sales of $848,600, and net income of $94,000. The
Black_prince [1.1K]

Answer:

The firm's sustainable growth rate is 13%.

Explanation:

The firm's sustainable growth rate can be calculated using the following formula:

Sustainable growth rate = Retention Rate * Return on Equity ............. (1)

Where;

Dividend payout ratio = 30%, or 0.30

Retention rate = 1 - dividend payout ratio = 1 - 0.30 = 0.70

Shareholder's equity = Total assets - Total debt = $913,600 - $424,500 = $489,100

Return on equity = Net income / Shareholder's equity = $94,000 / $489,100 = 0.19

Substituting the relevant values into equation (1), we have:

Sustainable growth rate = 0.70 * 0.19 = 0.13, or 13%

Therefore, the firm's sustainable growth rate is 13%.

3 0
3 years ago
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