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vlabodo [156]
3 years ago
9

As the case explains, at one time customers were likely to buy their donuts at Dunkin’ Donuts and their coffee at Starbucks. How

ever, several years ago Dunkin’ Donuts added espresso drinks to its menu. If Dunkin’ Donuts adopted this strategy in order to get its donut customers to spend their coffee dollars at Dunkin’ Donuts instead of at Starbucks, what type of growth strategy does this change represent?
Business
1 answer:
kondor19780726 [428]3 years ago
4 0

Answer:

The answer is: Product development strategy

Explanation:

A Product Development Strategy is a growth strategy carried out by a company that introduces new products (or updates existing ones) into current or new markets.

In this case, Dunkin´ Donuts introduced its new espresso drinks (new product) to its stores´ menus. They were trying to get their donut customers (current market) to buy their coffee also.

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According to Erik Erikson, in late adulthood, the individual reaches the eighth and final stage of the life span in which one re
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Katie Simpson: Do you have time to meet this afternoon? Carl Mendoza: Sure. What’s up? Katie Simpson: We need to finalize the Ba
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6 0
3 years ago
How would you check the accuracy of the opening balance of the most recent statement?
Trava [24]

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3 years ago
Simon Company’s year-end balance sheets follow.
vivado [14]

Answer:

A.Current ratio

2017 191%

2016 248%

2015 289%

B.Acid Test Ratio

2017 101%

2016 139%

2015 183%

Explanation:

A.Computation of the current ratio for the year ended 2017, 2016, and 2015.

Using this formula

Current Ratio =Current Assets / Current Liabilities

2017 2016 2015

Cash $26,403 $29,364 $29,991

Accounts receivable, net

73,552 52,436 40,392

Merchandise inventory 96,214 70,676 43,017

Prepaid expenses 8,255 7,944 3,467

a.Current asset

204,424 160,420 116,867

b.Current Liabilities

Accounts payable $107,101 $64,564 $40,392

Let plug in the formula

(a) / (b) Current Ratio 191% 248% 289%

Therefore the Current ratio are:

2017 191%

2016 248%

2015 289%

B.Computation for acid-test ratio for the year ended 2017, 2016, and 2015.

Using this formula

Acid Test Ratio=Current Assets / Current Liabilities

2017 2016 2015

Cash $26,403 $29,364 $29,991

Accounts receivable, net

73,552 52,436 40,392

Prepaid expenses 8,255 7,944 3,467

a. Current asset

108,210 89,744 73,850

b. Current liabilities

Accounts payable $107,101 $64,564 $40,392

Let plug in the formula

(a) / (b)Acid Test Ratio 101% 139% 183%

Therefore the Acid Test Ratio are:

2017 101%

2016 139%

2015 183%

8 0
3 years ago
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