Answer and Explanation:
The preparation of the income statement is presented below:
Service revenue $634,900
Less:
Depreciation Expense $10,000
Insurance Expense 9,000
Miscellaneous Expense 8,150
Rent Expense 60,000
Supplies Expense 4,100
Utilities Expense 44,700
Wages Expense 548,200
Net loss -$49,250
The type of information the marketing team was using is referred to as the secondary data or information. The secondary data is a type of data which is gathered for other purposes and not the original one. The examples of this are internet, news, and books.
Answer:
1. Calculate the NPV for each option available for the project. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g. 1,234,567.)
- go to market now = $744,000
- focus group = $852,000
- consulting firm = $916,000
2. Which action should the firm undertake?
The NPV is higher than the rst of the options.
Explanation:
expected payoffs:
- option 1 (go to market now) = (40% x $1.86 million) + 0 = $744,000
- option 2 (focus group) = (55% x $1.86 million) + 0 = $1,023,000
- option 3 (consulting firm) = (70% x $1.86 million) + 0 = $1,302,000
expected NPVs:
- option 1 (go to market now) = $744,000
- option 2 (focus group) = $1,023,000 - $171,000 = $852,000
- option 3 (consulting firm) = $1,302,000 - $386,000 = $916,000
go to market now
A product placement is part of an existing story. Unlike an advert you aren’t watching a product placement for the product but for the story it is found in.
Answer:
B. allow reductions in pollution to be achieved at minimum cost.
Explanation:
Environmental standardization - development and establishment of a set of mandatory rules, requirements, norms and norms in the field of use of natural resources, protection of the environment from pollution and other harmful influences, ensuring ecological safety, aimed at improving their environmental characteristics and implementation of system-wide identification for establishment conformity and certification.The subject of standardization - technical legislation and regulatory documents regulating the processes, methods, methods, rules of human life. However, the economists think that these standards are not enough and have some problems. Based on social and economical analyzes, they proved that these regulations can not control polluter's emissions directly and then there will be the appearance new methods which are more effective than these. The biggest problem with environmental standards is : these standards are not flexible and they do not allow to fulfill the reduction in pollution by achieving at minimal cost.