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4 years ago

Which mission statement best represents the Chester company?

2 answers:

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Which mission statement best represents the Chester company? Select: 1 Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments. Consistency and affordability are our goals.

mr_godi [17]4 years ago

4 0

Answer:

The correct answer is option:

-- Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments.

Explanation:

The reason a company exists is mission. It is your priorities statement and your marketing position. The alternative that best fits the organization's mission statement is this, as it is a clear demonstration of the company's strategic positioning, which aims to increase consumer access to its products. The added benefit of Baldwin's strategy is increased demand due to the increased availability of products in different market segments and the affordability and quality reliability that the company adopts in marketing its products.

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Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75%

deff fn [24]

Answer:

15.29%

Explanation:

Calculation to determine What would be the estimated cost of equity if the firm used 60% debt

First step is to calculate the Original beta using this formula

Original beta = (rs-rRf)/ RPM

Let plug in the formula

Original beta= (11.5%- 5%)/6%

Original beta= 6.5%/ 6%

Original beta= 1.083

Second step is to calculate the Original D/E using this formula

Original D/E = D/A / (1-D/A)

Let plug in the formula

Original D/E= .25/ (1-.25%)

Original D/E= .333

Third step is to calculate the Unlevered Beta using this formula

Unlevered Beta = Bu = Bl / 1+((1- Tax rate) x (D/E)

Let plug in the formula

Unlevered Beta= 1.083/1+((1-.4) x .333

Unlevered Beta=.90

Fourth step is to calculate the Target using this formula

Target =D/e

Let plug in the formula

Target = .6/.4

Target= 1.5

Fifth step is to calculate the New Beta using this formula

New Beta = bu* (1+(D/E)(1- tax rate)

Let plug in the formula

New Beta = .90 *(1+(1.5)*(.6)

New Beta = 1.71

Now let calculate the estimated cost of equity using this formula

rs = rRF + new beta (RPm)

Let plug in the formula

rs= 5% + 1.71*6

rs= 15.29%

Therefore What would be the estimated cost of equity if the firm used 60% debt is 15.29%

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3 years ago

Special interest group Q receives a 1/10,000th slice of the economic pie. Its net benefit from either an economic growth policy

Olin [163]

Answer:

(A) $500 million

(B) This type of analysis is used to show that Special Interest Groups tend to press the government for TRANSFERS instead of ECONOMIC GROWTH.

Explanation:

1/10,000 of the real GDP is = $50,000

RGDP = 50,000 ÷ 1/10,000

RGDP = 50,000 × 10,000 = $500,000,000

If special interest group Q would have to be indifferent (not care which policy is applied at the given time) between the 2 policies, then the economic growth policy would have to increase the size of the RGDP (the economic pie) by an amount sufficient enough for them to get their net benefit of $50,000.

The RGDP figure above ($500 million) is the amount by which RGDP (real gross domestic product) should grow, if Group Q will still get their net benefit when only the economic growth policy (EGP) is applied.

In this case, the EGP applied in place of the TP (transfer policy) would still fetch Group Q the minimum net benefit of $50,000

(B) This type of analysis is used to show that Special Interest Groups tend to press the government (policy makers and enforcers) for TRANSFERS instead of ECONOMIC GROWTH.

6 0

3 years ago

Corey is the city sales manager for RIBS, a national fast food franchise. Every working day, Corey drives his car as follows: Mi

Inessa [10]

Answer:

b.46 miles

Explanation:

Calculation to determine Corey's reimburseable mileage

Corey's reimburseable mileage= 15 miles + 18 miles + 13 miles

Corey's reimburseable mileage = 46 miles

Therefore As a result, Corey's reimburseable mileage is 46 miles

8 0

3 years ago

A company produces two products, A and B. It has limited capacity but unlimited demand so it can sell as many of either product

Vladimir [108]

Answer:

The company should use all of its limited machine hour to produce only product B. This will make it maximize profit

Explanation:

Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource

Product Cont/unit machine hr /unit cont/hr Ranking

A 6-2 = $4 per unit 2 hours $2 per hour 2nd

B 5-2 = $3 per unit 1 hour $3 per hour 1st

The company should use all of its limited machine hour to produce only product B. This will make it maximize profit

6 0

3 years ago

Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N O Un

damaskus [11]

Answer:

Products Selling price Unit variable cost Contribution per unit

$ $ $

M 7 3 4

N 6 2 4

O 6 3 3

19 8 11

Break-even point in composite units

= Total fixed cost

Contribution per unit

= $340,000

$11

= 30,909 units

Break-even point for the current sales mix

M 3/6 x 30,909 units = 15,455 units

N 1/6 x 30,909 units = 5,151 units

O 2/6 x 30,909 units = 10,303 units

Explanation:

In this case, we need to calculate contribution per unit of each product by deducting the unit variable cost of each product from their respective selling prices. Then, we will obtain the break-even point in composite units by dividing the total fixed cost by overall contribution per unit.

Then, we will determine the break-even point for the current sales mix by multiplying the proportion of each product in the sales mix by the break-even point in composite units.

8 0

4 years ago