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3 years ago

What is a niche market?

Business

2 answers:

Naddika [18.5K]3 years ago

7 0

When a market focuses on one thing

valina [46]3 years ago

5 0

A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.

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(1 point)

9966 [12]

Answer:

The correct answer is Cash to Close number

Explanation:

Closing disclosure is the disclosure which provided by the lender to the person 3 days before closing. It states the final costs as well as the terms of the mortgage.

And the amount of money which is required to close so that loan can be processed is referred to as the Cash to close number. In other words, it is the amount needed to bring the table for closing the deal involving the closing cost and down payment.

4 0

3 years ago

The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue $ 205,000 Act

VikaD [51]

Answer:

Results are below.

Explanation:

Giving the following information:

Budgeted machine hours (based on practical capacity) 10,000

Budgeted direct-labor hours (based on practical capacity) 20,000 Budgeted direct-labor rate $ 13

Budgeted manufacturing overhead $ 364,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine hours:

Predetermined manufacturing overhead rate= 364,000 / 10,000

Predetermined manufacturing overhead rate= $36.4 per machine hour

Direct labor hours:

Predetermined manufacturing overhead rate= 364,000 / 20,000

Predetermined manufacturing overhead rate= $18.2 per direct labor hour

Direct labor cost:

Direct labor cost= 20,000*13= $260,000

Predetermined manufacturing overhead rate= 364,000 / 260,000

Predetermined manufacturing overhead rate= $1.4 per direct labor dollar

3 0

2 years ago

Pls help me and thank you!!

dem82 [27]

B. stocks

hope that helps

8 0

2 years ago

Read 2 more answers

Your birthday is next week and instead of other presents, your parents promised to give you $2,100 in cash. Since you have a par

Nat2105 [25]

Answer:

FV= $2,765.30

Explanation:

Giving the following information:

Present Value (PV)= $2,100

Interest rate= 0.054/4= 0.0135

Number of periods= 2*4= 8 quarters

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 2,100*(1.0135^8)

FV= $2,765.30

6 0

3 years ago

Filer Manufacturing has 11.6 million shares of common stock outstanding. The current share price is $59, and the book value per

Ad libitum [116K]

Answer:

a. Filer's capital structure weight of equity on a book value basis is 24%.

b. Filer's capital structure weight of debt on a book value basis is 76%.

c. Filer's capital structure weight of equity on a market value basis is 80%.

d. Filer's capital structure weight of debt on a market value basis is 20%.

Explanation:

a. What is Filer's capital structure weight of equity on a book value basis? (Do not round your intermediate calculations.)

Equity book value = Equity book value per share * Number of shares = 11,600,000 * $5 = $58,000,000

Debt book value = Debt face value = First bond face value + Second face value = $99,000,000 + $81,200,000 = $180,200,000

Total book value = $58,000,000 + $180,200,000 = $238,200,000

Book value weight of equity = Equity book value / Total book value = $58,000,000 / $238,200,000 = 0.24, or 24%

Therefore, Filer's capital structure weight of equity on a book value basis is 24%.

b. What is Filer's capital structure weight of debt on a book value basis? (Do not round your intermediate calculations.)

From part a, we have:

Debt book value = $180,200,000

Total book value = $238,200,000

Therefore, we have:

Book value weight of debt = Debt book value / Total book value = $180,200,000 / $238,200,000 = 0.76, or 76%

Therefore, Filer's capital structure weight of debt on a book value basis is 76%.

c. What is Filer's capital structure weight of equity on a market value basis? (Do not round your intermediate calculations.)

Equity market value = Current share price * Number of shares = $59 * 11,600,000 = $684,400,000

Debt market value = Bond price quote * Par value of the bond

Debt market value = First bond market value + Second bond market value = (92% * $99,000,000) + (95.5% * $81,200,000) = $168,626,000

Total market value = Equity market value + Debt market value = $684,400,000 + $168,626,000 = $853,026,000

Market value weight of equity = Equity market value / Total market value = $684,400,000 / $853,026,000 = 0.80, or 80%

Therefore, Filer's capital structure weight of equity on a market value basis is 80%.

d. What is Filer's capital structure weight of debt on a market value basis?

From part c, we have:

Debt market value = $168,626,000

Total market value = $853,026,000

Market value weight of debt = Debt market value / Total market value = $168,626,000 / $853,026,000 = 0.20, or 20%.

Therefore, Filer's capital structure weight of debt on a market value basis is 20%.

8 0

3 years ago