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3 years ago

All of the following are benefits of new product development to a firm except:

Business

1 answer:

butalik [34]3 years ago

5 0

Answer:

Reducing the costs of production.

Explanation:

New product development is a procedure that requires a huge first time cost of production. The product might need new technology and new means to produce.

For example, even just to come up with a new flavor for an already existing brand of chips, new raw materials, storage space, more labor, new tools and equipment, increased marketing cost is required. This poses an increase in cost and certainly not a decrease in the cost of production.

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A couple needs $60,000 as a down payment for a home. If they invest the $45,000 they have at 4% compounded quarterly, how long w

elena-s [515]

Answer:

7 years

Explanation:

45000(1.01)^28= roughly 60,000

28/4 (quarters) = 7 years

8 0

2 years ago

Patents and copyrights are considered to be what type of resource?

Oksi-84 [34.3K]

Answer:

The answer to your question is C.

Explanation:

3 0

2 years ago

Read 2 more answers

against the foregoing background obtain any road road traffic policy and demonstrate your understanding of that particular polic

Irina18 [472]

Answer:

road traffic policy is the application if safety measures to keep both vehicle owners and pedestrians safety or ensures safety in the road.

Explanation:

hope it helps .

7 0

2 years ago

On December 31, 2020, Nash Inc. has a machine with a book value of $958,800. The original cost and related accumulated depreciat

damaskus [11]

Answer:

a. Depreciation expense = $40,800

b. Depreciation expense = $15,300

c. Depreciation expense = $35,700

Explanation:

Note: This question is not complete as the independent situations are omitted. The 3 independent situations are therefore provided to complete the question as follows:

a. A fire completely destroys the machine on August 31, 2021. An insurance settlement of $438,600 was received for this casualty. Assume the settlement was received immediately.

b. On April 1, 2021, Marigold sold the machine for $1,060,800 to Yoakam Company.

c. On July 31, 2021, the company donated this machine to the Mountain King City Council. The fair value of the machine at the time of the donation was estimated to be $1,122,000.

The explanation of the answers is now provided as follows:

Note: See the attached excel file for the journal entry for each of the 3 independent situations.

In the attached excel file, the depreciation for each situation are calculated as follows:

a. Depreciation expense = $61,200*8/12 = $40,800

b. Depreciation expense = $61,200*3/12 = $15,300

c. Depreciation expense = $61,200*7/12 = $35,700

Download xlsx

5 0

2 years ago

The service cost component of pension expense for 2015 is $890,000 and the amortization of prior service cost due to an increase

erica [24]

Answer:

amount of pension expense = $1,730,000

Explanation:

given data

pension expense = $890,000

benefits = $180,000

settlement rate = 10%

expected rate of return = 8%

to find out

amount of pension expense

solution

we get here amount of pension expense that is express as

amount of pension expense = pension expense + benefits + 10% of projected benefit + 8% of pension assets ................1

from attach file we get these

put here value we get

amount of pension expense = $890,000 + $180,000 + 10% of $11,400,000 + 8% of $6,000,000

amount of pension expense = $1,730,000

4 0

3 years ago