Answer:
The correct option is C,dogs
Explanation:
Stars are characterized by high market share in a high growth market,with large of expenditure required to keep up with the intense competition and innovation in the market in order to transform it to cash cow.
Cash cow are the most profitable products as they provide large of amount of cash that can be reinvested in stars as well as in a problem child with high growth potential
The dogs are usually known to control an insignificant portion of slow growth market with revenue and cash flows being on declining path
Monarchy, and downfall. Peoples voice over the official boards. There would be a better market in a way, but it would also be more cut, and strict.
Answer:
Marginal Cost = $30
Explanation:
Given that
Price = $60
Elasticity of demand = -2
Recall that
MC = P(1 + 1/Ed)
From monopolist pricing rule as a function of elasticity of demand.
Where MC = marginal cost
Ed = elasticity of demand = -2
Thus
MC = 60 (1 + 1/-2)
= 60 (1 + [-0.5])
= 60 ( 1 - 0.5)
= 60 (0.5)
= 30
MC = $30
Answer:
The company report on its balance sheet at December 31, 2010, as accounts receivable before the allowance for doubtful account is $590,000
Explanation:
The computation of the accounts receivable before the allowance is shown below:
= Beginning account receivable balance + bad debt expense - uncollectible accounts receivable
= $540,000 + $90,000 - $40,000
= $590,000
The bad debt is an expense so it will be added whereas the account receivable which is not yet collected should be deducted in the computation part.