All categories

3 years ago

To help maintain a competitive advantage, the emphasis for most companies is on _____.

1 answer:

5 0

To help maintain a competitive advantage, the emphasis for most companies is on internal resources. Internal resources can create a competitive advantage. It is very advantageous when the internal parts of a business is strengthen.

You might be interested in

Refer to the following selected financial information from Dodge Company. Compute the company's acid-test ratio. Cash $ 42,250 S

Vikki [24]

Answer:

company's acid-test ratio is 1.63. Option e

Explanation:

Acid test ratio is similar to current ratio. However, current assets difficult to liquidate such as inventory are usually not included in the total current asset computation

Given,

Cash = $ 42,250

Short-term investments = 60,000

Accounts receivable, net = 79,500

Merchandise inventory = 115,000

Prepaid expenses = 9,700

Accounts payable = 111,400

Acid test = (42250 + 60000 + 79500 + 9700)/111400

= 181750/111400

= 1.63

Option e.

8 0

3 years ago

For the coming year, Crane Inc. is considering two financial plans. Management expects sales to be $301,770, operating costs to

ra1l [238]

Answer:

increase in ROE due to plan B = 26.44% - 20.55% = 5.89%

Explanation:

currently EBIT = $301,770 - $266,545 = $35,225

TIE ratio = EBIT / interest expense

Plan A:

interest expense = ($200,000 x 25%) x 8,8% = $4,400

TIE ratio = $35,225 / $4,400 = 8

net income (assuming no taxes) = $30,825

ROE = $30,825 / $150,000 = 20.55%

Plan B:

TIE ratio = 4 = $35,225 / interest expense

interest expense = $35,225 / 4 = $8,806.25

total debt = $8,806.25 / 8.8% = $100,071

equity = $99,929

net income = $35,225 - $8,806.25 = $26,418.75

ROE = $26,418.75 / $99,929 = 26.44%

increase in ROE due to plan B = 26.44% - 20.55% = 5.89%

6 0

3 years ago

Sandra is purchasing a home for $200,000 and provides a $3,000 earnest money check to the seller. Her closing costs and down pay

Evgen [1.6K]

Answer:

The answer is $190,000.

Explanation:

We are given the information about the total price of the home and other payments made by Sandra towards the purchase of the home.

An earnest money check can be counted towards the down payment. She also pays an amount of $7,000 for the down payment which the total of the two adds up to $10,000.

Subtracting that from the price of the home, she should bring $190,000 to the closing.

I hope this answer helps.

4 0

3 years ago

Which of the following illustrates how marketing has a direct impact on consumers? Multiple Choice Marketing creates long-lastin

bogdanovich [222]

Answer:

Marketing helps consumers learn about new products and services.

Explanation:

Market is the process of promotion of buying and selling of product / services. it creates a relationship with the consumers because it is used to attract the customers towards the product or service. Business wants to approach the consumers and Inform them about the product or service. In a competitive market a consumer has many choices. An effective marketing may gain the loyalty of the consumer.

8 0

3 years ago

"an assembly line with a single shift capacity of 500,000 units per year could produce how many units if using all available shi

stiks02 [169]

Assuming that there are 3 shifts per day, that would equate to 1.5 million units per year. Typically the shifts are 7am-3pm, 3pm-11am, and 11am-7am. If using all available shifts, the assembly line would produce 1,500,000 units per year.

6 0

4 years ago