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harkovskaia [24]
4 years ago
12

Pitkin Enterprises produces animal figurines for children and young adults. For children, it makes hard-to-break figurines that

are promoted and distributed in the same manner as the delicate, porcelain ones made for young adults. Pitkin engages in multi-segment targeting.
a. True.
b. False.
Business
1 answer:
Kryger [21]4 years ago
7 0

Answer:

The correct answer is letter "A": True.

Explanation:

Multi-segment targeting or market segmentation is the classification a company makes to differentiate its existing or potential customers by features such as age, gender, income or occupation. This is done to provide customers a more tailored product according to their characteristics and demands.

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Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,7
LenaWriter [7]

Answer:

$41,650

Explanation:

Contribution margin is the net of sales and variable costs.

Contribution Margin:

Division A = $47,700

Division B = $231,000 x 35% = $80,850

Company calculates the Net Income after deducting The traceable and common fixed costs from the total contribution margin.

Total contribution margin = $47,700 + $80,850 = $128,550

Net Income = Total contribution margin - Traceable Fixed Expense - Common Fixed expenses

$27,200 = $128,550 - $59,700 - Common Fixed expenses

$27,200 = $68,850 - Common Fixed expenses

Common Fixed expenses = $68,850 - $27,200 = $41,650

4 0
3 years ago
According to the capital asset pricing model (CAPM), a capital budgeting project that has a beta equal to zero should be evaluat
lara [203]

Answer:

a. True

Explanation:

from the CAPM formula we can derive the statemeent as true.

Ke= r_f + \beta (r_m-r_f)

risk free = 0.05

market rate = 0.12

premium market = (market rate - risk free) 0.07

beta(non diversifiable risk) = 0

Ke= 0.05 + 0 (0.07)

Ke 0.05000

As the beta multiplies the difference between the market rate and risk-free rate a beta of zero will nulify the second part of the equation leaving only the risk-free rate. This means the portfolio is not expose to volatility

6 0
3 years ago
Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receiv
Arisa [49]

Answer:

7.8%

Explanation:

The formula and the computation of the return on assets is shown below:

Return on assets = (Net income) ÷ (average of total assets)

where,

Net income is $32,500

And, the average of total assets equal to

= (Beginning assets + ending assets) ÷ 2

= ($405,000 +$425,000) ÷ 2

= $415,000

So, the return on assets is

= $32,500 ÷ $415,000

= 7.8%

6 0
3 years ago
Enterprise software includes a database and thousands of predefined​ ________________.
Lelechka [254]

Answer:

business processes

Explanation:

Enterprise software includes a database and thousands of predefined business processes that reflect best practices

7 0
2 years ago
Proprietary funds are required to present four basic financial statements—a Statement of Net Position, a Statement of Changes in
SpyIntel [72]

Answer: False

Explanation:

The Basic Financial Statements for a Proprietary Fund includes:

1. Statement of net position

2. Statement of revenues, expenses

3. Statement of changes in fund net position

4 0
3 years ago
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