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3 years ago

A company's strategy has a chance of succeeding only when it is predicated on:

Business

1 answer:

jonny [76]3 years ago

5 0

Answer:

actions, business approaches, and competitive moves aimed at appealing to buyers and setting the company apart from rivals.

Explanation:

Competition occurs in the market when companies that produce similar goods and services must contest for consumers to patronise them. Competition is aimed at increasing revenue and gaining market share for the business.

Competition can be direct where products offered are similar, or indirect where products offer are not the same.

A company will only have a chance of succeeding if products are differentiated from those offered by competitors through the firm's actions and competitive moves.

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Adkins Bakery uses the modified halfminusmonth convention to calculate depreciation expense in the year an asset is purchased or

nirvana33 [79]

Answer:

The correct answer is $9187.5.

Explanation:

According to the scenario, the given data are as follows:

Asset cost = $140,000

Residual value = $42,000

Life period = 8 years

So, Annual depreciation can be calculated by using following method:

Annual depreciation = ( Asset cost - Residual value) ÷ Life period

= ($140,000 - $42,000) ÷ 8

= $12,250

As depreciation is to be recorded till Dec.31

So, total time period = Apr - Dec = 9 months

So, Depreciation expense till Dec.31 = $12,250 × (9 ÷ 12)

= $9,187.5

Hence, Depreciation expense till Dec.31 is $9,187.5.

7 0

3 years ago

The Work in Process Inventory account of a manufacturing company has a $3,550 debit balance. The company applies overhead using

DanielleElmas [232]

Answer:

$1,070

Explanation:

Calculation to determine the amount of applied overhead is:

Using this formula

Applied overhead = Total cost of WIP - Direct materials - Direct labor

Let plug in the formula

Applied overhead= $3,550 - $1,610 - $870

Applied overhead=$1,070

Therefore the amount of applied overhead is:$1,070

5 0

3 years ago

Which of the following provides a suite of integrated software modules for finance and accounting, human resources, manufacturin

IrinaVladis [17]

Answer:

b) ERP

Explanation:

Enterprise Resource Planning is a business management software that allows an organization to use a system of integrated applications to manage the business and automate many office functions related to technology. A typical example of an ERP is SAP ERP.

8 0

4 years ago

An investment adviser with no place of business in the State is exempt from registration if it renders advice solely to employee

irinina [24]

Answer:

$1,000,000

Explanation:

The investment adviser who doesn't have any place of business in the state and offers his services to only employee benefit plans with assets of assets at least $1,000,000 are exempt from registration. If the asset value exceeds this limit then the investment adviser will be required to register itself.

5 0

3 years ago

A local marketing firm is considering launching a new and extensive social media marketing campaign. This investment of resource

slava [35]

Answer:

The marketing firm should use the Present Net Value calculation to see if the marketing campaign will add value to the company.

Explanation:

The Present Net Value is a calculation that brings to present time all the future cash flows of an investment. Seeing the campaign marketing strategy as a potential investment, the firm has to identify the revenue entirely caused by the marketing campaign. Doing this, the firm will identify inflows (sales) per year that have to be subtracted to the outflows (marketing expenses). The net value of every year is discounted at a discount rate, and if the Present Net Value is higher than 0, it means that the marketing strategy is expected to bring value to the firm

7 0

3 years ago