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3 years ago

Which one of the following statements about strategic groups and strategic group mapping is false?

Business

1 answer:

katrin2010 [14]3 years ago

5 0

Answer:

B. Part of strategic group map analysis always entails drawing conclusions about where on the map is the best place to be and why.

Explanation:

A strategic group is a classification of a companies or businesses in an industry based on their competitive strategy and business model. Variables such as their pricing, and what gives them an edge in competition are considered. Strategic group map analysis(used in identifying strategic groups) pays attention to where a business falls in strategic competition and the competitive dynamics of the industry. strategic group map analysis is not concerned with identifying the best competitive position for a business and why it should be in this position

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Which component of consumption has a negative or indirect relationship with consumption?

Sveta_85 [38]

Answer:

Interest rates

Explanation:

Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth

Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall

5 0

3 years ago

On January 1, 2021, Canseco Plumbing Fixtures purchased equipment for $40,000. Residual value at the end of an estimated 7 year

Degger [83]

Answer:

Part a

2021 = $7,000

2022 = $6,000

Part b

2021 = $5,250

Explanation:

Sum of the year`s digit method provide for higher depreciation in early life of the asset with lower depreciation in later years.

Step 1

Some of digits calculation :

Year Digits

2021 7

2022 6

2023 5

2024 4

2025 3

2026 2

2027 1

Total 28

Step 2

Determine the depreciable amount

Depreciable amount = Cost - Residual value

= $40,000 - $12,000

= $28,000

Step 3

Depreciation expense calculations

2021 = 7 / 28 x $28,000 = $7,000

2022 = 6/ 28 x $28,000 = $6,000

assuming the equipment was purchased on March 31, 2021

2021 = $7,000 x 9/12 = $5,250

3 0

3 years ago

2. A company's board of directors votes to declare a cash dividend of $.80 per share of common stock. The company has 16,000 sha

jeyben [28]

Answer for the first one is $12,800

6 0

3 years ago

John Daniel opened a medical practice in Sacramento, California, and had the following transactions during the month of January.

spayn [35]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $34,000

To Common stock A/c $34,000

(Being the cash is received in exchange of common stock)

2. Medical supplied A/c Dr $17,000

To Account payable A/c $17,000

(Being the medical supplies are purchased on account)

3. Cash A/c Dr $1,600

To Service Revenue A/c $1,600

(Being the cash is received for service performed)

4. Office Rent Expenses A/c Dr $3,000

To Cash A/c $3,000

(Being the office rent expense is paid for cash)

5. Accounts Receivable A/c Dr $7,000

To Service revenue A/c $7,000

(Being the service revenue is recorded)

4 0

3 years ago

On August 10,2019 ABC sells 16 mini trenchers to a farm co-op in western Minnesota. ABC provides a 4% volume discount on the min

cestrela7 [59]

Answer:

If it was likely or probable that the farm co-op would meet the benchmark and get the discount (or rebate), then the journal entry should recognize that. But since it is very doubtful that the benchmark will be met, then the journal entry should be made without considering any type of discount.

I looked for a similar question in order to find the missing numbers:

each trencher is sold at $3,600 and costs $2,000

August 10, 2019, 16 mini trenchers sold to farm co-op

Dr Accounts receivable 57,600

Cr Sales revenue 57,600

Dr Cost of goods sold 32,000

Cr Inventory 32,000

5 0

3 years ago