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Reika [66]
3 years ago
9

Many restaurants offer daily specials, appetizers, entrees, and desserts not listed on their standard menu. These daily specials

primarily provide the new product benefit ofA. keeping up in a market where sales come mostly from new products.
B. satisfying the changing needs of current and new customers.
C. avoiding market saturation from products that have been on the market for a long time.
D. creating diversification and reducing risk.
E. reduction in cost of ingredients.
Business
1 answer:
stiv31 [10]3 years ago
8 0

Answer:

B) satisfying the changing needs of current and new customers.

Explanation:

When a restaurant wants to introduce a new dish, it's best to test the market response to the dish before listing it on the standard menu. A type of test would be offering the dish only in special occasions, when sales are higher, and more potential customers visit the restaurant.

Another way is to simply offer the dish in a normal weekday, and see how people respond to it under regular conditions.

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A company sells a plant asset which originally cost $373000 for $111000 on December 31, 2021. The Accumulated Depreciation accou
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The Accumulated depreciation account had a balance of $144000

<h3>What is Accumulated depreciation?</h3>

Accumulated depreciation is the total amount of a company's asset depreciation, whereas depreciation expense is the amount depreciated for a single period. Depreciation is an accounting entry that represents the decrease in the cost of an asset over its useful life.

Accumulated depreciation is the total amount of depreciation that has been expensed against the asset's value. On the balance sheet, fixed assets are recorded as a debit, while accumulated depreciation is recorded as a credit, offsetting the asset.

Accumulated depreciation accounts are credit-balanced asset accounts (known as a contra asset account). It is classified as a contra asset account because it has a negative balance that is intended to offset the asset account with which it is paired, resulting in a negative balance.

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4 0
2 years ago
Lancaster Corp. is considering two equally risky, mutually exclusive projects, both of which have normal cash flows. Project A h
levacccp [35]

Answer:

Explanation:

IRR is the discount rate point where NPV equal to 0. Given, both projects have same NPV at 8%, when discount rate is higher than 8%, NPV of project A will decrease faster than that of project B because project A's IRR is lower than project B's IRR. When discount rate is lower than 8%, NPV of project A will increase faster than project B's.

We will go through each of the answer options:

A. If the cost of capital is 9%, Project A's NPV will be higher than Project B's. False

<em>Explaination: Cost of capital here is higher than 8%, NPV of project A will be lower than that of project B.</em>

B. If the cost of capital is 6%, Project B's NPV will be higher than Project A's. False

<em>Explaination: </em>

C. If the cost of capital is greater than 14%, Project A's IRR will exceed Project B's. False

<em>Explaination: IRR is dependent on pattern of cashflows rather than cost of capital.</em><em> </em>

D. If the cost of capital is 9%, Project B's NPV will be higher than Project A's. True

<em>Explaination: This is an opposite answer to option A.</em>

E. If the cost of capital is 13%, Project A's NPV will be higher than Project B's. False

<em>Explaination: When the cost of capital is 13%, NPV of project A is negative and NPV of project B is positive.</em>

5 0
3 years ago
You will be paying $10,000 a year in tuition expenses at the end of the next 2 years. Bonds currently yield 8%. a. What is the p
irina [24]

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4 0
3 years ago
​Jason's gross pay for the week is $ 1,000. His yearly pay is under the limit for OASDI. Assume that the rate for state and fede
ozzi

Answer:

Total payroll taxes                      213

Explanation:

the employeer will have to record the taxes on the wages plus the taxes on his behalf

1,000 x 6.2 = 62

1,000 x 1.45 = 14.5

Total 76.5 for the employee

Then the employer must pay the same amount of taxes.

employer taxes 76.5

Total for OASDI and Medicare: 153

Then FUTA&SUTA 6% of 1000  60

Total payroll taxes                      213

6 0
3 years ago
Visit any retail store in your community and request a 20 minutes appointment to interview the owner or manager so that you can
Len [333]

The three objectives in the retail store are:

  • Excellent Customer Service.
  • Boast Brand Awareness.
  • Create or form Brand Loyalty.

<h3>What is average revenue?</h3>

Average revenue is known to be the one that depicts how much revenue exist  per unit of the output.

Marginal revenue is one that connote the increase or boast up that is found in total revenue as it is said to be increasing from one output unit.

Note therefore, that if the three objectives in the retail store are meant, the store will have a lot of customers.

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6 0
2 years ago
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