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Tju [1.3M]
3 years ago
7

Carrigan has just launched his new business. He has great plans for expansion later but for now, the most appropriate and effect

ive product strategy to use in this stage of his small business is the _____ product strategy.
Business
1 answer:
rewona [7]3 years ago
3 0

Answer:

one product strategy

Explanation:

Based on the information provided within the question it can be said that the best strategy in this situation would be a one product strategy. This is a business strategy in which the company focuses on a single flagship product and making it sell as much as possible before diversifying into other products. This prevents the company from being overwhelmed with various products and instead allows them to focus and one and grow the product as well as the company.

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A company acquired an office building on three acres of land for a lump-sum price of $2,450,000. The building was completely equ
galina1969 [7]

Answer:

$735,000

Explanation:

The fair values of the assets may be used as a basis for determining the amount to be recorded for each of the assets.

This will be in a proportional manner such that the higher the fair value, the higher the actual cost assigned and vice versa to the asset.

Hence the amount to be recorded for the building

= 840,000 / (840,000 + 840,000 + 1,120,000) * $2,450,000

= $735,000

7 0
2 years ago
Colleen and Judy purchased a dilapidated townhome in an estate sale. Due to their fix-up work and the current economy, the prope
liq [111]

Answer:

The correct answer is The covenant of warranty.

Explanation:

It is said that in this type of pact a public and peaceful possession must be written, which can be exercised so that it can be known by society. The possession of the property must be declared as continuous (that is, there can be no claim by the owner or the property is lost), and must be exercised as the legitimate owner before third parties.

5 0
2 years ago
Mary sells handmade earrings for a living. Susan is a new lawyer and a friend of Mary who gives legal advice to Mary in return f
umka21 [38]

Answer:

a.Susan is wrong, and Mary is free to disclaim warranties.

Explanation:

According to the Magnuson-Moss Act the seller of a product may or may not provide warranty on a product. But is warranty is provided the following conditions must be met.

- The seller must provide a full or limited warranty.

- The coverage of the warranty must be stated

- Warranty must be available to the customers, so that they can read it before making a purchase.

So Mary can choose to disclaim all warranties on her products, not making her liable for any defects found in them. But if she wants to provide warranty it must be written and follow the conditions stated above.

5 0
3 years ago
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-te
VikaD [51]

Answer:

The net financing cash flows is $5000 as shown below.

Explanation:

The net financing cash flows is calculated below:

Receipt from bank for long-term borrowing  $6000

Payment of dividends                                    <u>  ($1000)</u>

Net financing cash flows                                  $5000

Receipt of $10000 relates to operating cash flows as it is cash receipt in the ordinary course of business

Payment to suppliers of $5000 is an operating cash flow as well as suppliers are paid for supplying the items that the business deals in, same applies to payment to workers of $2000.

Lastly, the payment for machinery of $8000 relates to investing activities of the business as it an expenditure incurred to generate more returns.

5 0
3 years ago
Accountants that have a Certificate in Public Accounting (CPA):
o-na [289]

Answer:

d. all of these statements are true.

Explanation:

A Certified Public Accountant refers to the title of qualified accountants in numerous countries around the world. Accountants that have a Certificate in Public Accounting (CPA) have a lot of restrictions and responsibilities some of which include, being held responsible to provide assurance concerning the reliability of a firm's financial statements. They are also the only accountants permitted to serve as external auditors and must pass a national examination and be licensed by the state in which they practice.

3 0
3 years ago
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