It should be noted that pursuing multiple market segments at the same time is not the best way to enter new markets. Therefore, it's false.
<h3>What is a market?</h3>
A market simply means the coming together of a buyer and seller for transactions purpose.
In this case, pursuing multiple market segments at the same time is not the best way to enter new markets. One needs to have complete knowledge before entering a market.
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Answer:
Cost of the equipment = $32350
Explanation:
given data
purchased equipment = $30,000
Sales tax = $1,500
freight charges = $400
repairs = $700
installation costs = $450
solution
we get here Cost of the equipment that is express as
Cost of the equipment = Purchase cost + Sales tax paid + Freight + Installation cost .........................1
put here value and we will get
Cost of the equipment = $30000 + $1500 + $400 + $450
Cost of the equipment = $32350
Solution:
Differential Analysis:
Continue Eliminate Net income
Inc/Dec
Sales 201000 0 -201000
variable cost 176000 0 176000
Contribution margin 25000 0 -25000
Fixed cost 30000 20300 9700
Net income / (loss) -5000 -20300 -15300
No, The Product line shall not be eliminated
Answer:
$1,600
Explanation:
Best deals incorporation has a total of 10 units in the ending merchandise inventory on December 31
The units were bought in the month of November at a price of $160 for each unit
The replacement cost of the item is $162
Inventory is always recorded when the cost is low
Therefore, the amount that is to be reported as the merchandise inventory can be calculated as follows
=10 units × $160
= $1,600
Hence the amount reported as the merchandise inventory on the balance sheet is $1,600
Answer:
20 years (scenario A) and 16 years (scenario B)
Explanation:
The real GDP will double in "n" number of years, with "n" estimated by interpolation using the formula below.
In the solutions below, we assumed current GDP to be 1, and as a result, the GDP will double to 2.
Scenario A
When you substitute 20 for "n" in the left hand side (LHS) of the equation, you will arrive at 1.99 which is approximately equal to 2. Any number below 20 will result in a number less than 2.
Thus, with an average annual real GDP growth rate of 3.5%, real GDP will double in about 20 years.
Scenario B
When you substitute 16 for "n" in the left hand side (LHS) of the equation, you will arrive at 2.02 which is approximately equal to 2. Any number below 16 will result in a number less than 2.
Thus, with an average annual real GDP growth rate of 4.5%, real GDP will double in about 16 years.
