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taurus [48]
3 years ago
5

Sears and Holiday Inn encountered difficult times because they did not stand out as the lowest in cost, highest in perceived val

ue, or best in serving some market segment. Both companies are ________.
A) nichers
B) challenger risk-takers
C) middle-of the roaders
D) differentiated
E) formulated
Business
1 answer:
Citrus2011 [14]3 years ago
3 0

Answer: (C) Middle of the roaders

Explanation:

According to the given scenario, both of the companies are middle of the roaders as both holiday Inn and the sears are acing the difficulties in their perceived value, lowest in the cost and also in the market segments.

 The main aim of the middle of the roaders is to target the consumers in the middle range of the spending or we can say that income.

 The middle of the roaders is the term which is used to refers to the action that is typically in the midway between the two different type extremes and it basically focuses on the niche marketing segments.  

Therefore, Option (C) is correct answer.  

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Dublin Inc. had the following common stock record during the current calendar year: Outstanding-beginning of year 2,600,000 Addi
larisa86 [58]

Answer:

The correct answer is 3,175,300.

Explanation:

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

We can calculate the number of shares by using following formula:

Number of shares = [ Outstanding + ( Additional share × Months) + ( Additional share × Months)] × 1+Dividend

By putting the value, we get

= [2,600,000 + (280,000 × 6/12) + (280,000 × 3/12)] × 1.13

= [ 2,600,000 + 140,000 + 70,000 ] × 1.13

= 3,175,300

4 0
3 years ago
Identify which of the following items would be reported in the income statement. a. Cash d. Wage expense g. Net income b. Sales
Inessa05 [86]

Answer:

Items b, d, g, h, and i

Explanation:

The following items from the given question would be recorded in the income statement;

b. sales

d. wage expenses

g. net income

h. inventory

i. cost of goods

4 0
3 years ago
Ardel Co. budgeted to sell 222,000 units of Zbox in September. Production of one unit of Zbox requires three pounds of aluminum
tia_tia [17]

Answer:

Explanation:

We are asked for Zbox production, so we ignore the raw materials information for this question.

We use the inventory identity to solve for production

$$Beginning Inventory + Production = Ending Inventory + Sales

$$Production = Ending Inventory + Sales- Beginning Inventory

September sales 222,000 units

desired ending inventory 24,000 units

total production need 246,000 units

(beginning inventory 35,000) units

Production requirement for September 211,000 units

5 0
3 years ago
The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale
hoa [83]

Answer:

Wainwright Corporation

1. T-accounts:

Cash

Account Titles              Debit       Credit

Common stock       $400,000

Equipment                               $15,000

Rent expense                             6,000

Prepaid Insurance                      7,000

Accounts Payable                    80,000

Accounts Receivable 65,000

Balance                               $357,000

Accounts Receivable

Account Titles              Debit       Credit

Sales Revenue       $170,000

Cash                                         $65,000

Balance                                     105,000

Inventory

Account Titles              Debit       Credit

Accounts Payable  $98,000

Cost of goods sold                  $80,000

Balance                                       18,000

Prepaid Insurance

Account Titles              Debit       Credit

Cash                         $7,000

Equipment

Account Titles              Debit       Credit

Cash                          $15,000

Notes Payable            35,000

Balance                                      $50,000

Accumulated Depreciation

Account Titles              Debit       Credit

Depreciation expense               $2,000

Common stock

Account Titles              Debit       Credit

Cash                                       $400,000

Notes Payable

Account Titles              Debit       Credit

Equipment                               $35,000

Accounts Payable

Account Titles              Debit       Credit

Inventory                                  $98,000

Cash                        $80,000

Balance                      18,000

Sales Revenue

Account Titles              Debit       Credit

Accounts Receivable            $170,000

Cost of goods sold

Account Titles              Debit       Credit

Inventory                 $80,000

Rent Expense

Account Titles              Debit       Credit

Cash                          $6,000

Depreciation Expense

Account Titles              Debit       Credit

Acc. depreciation    $2,000

2. Trial Balance as at March 31, 2018

Account Titles                Debit         Credit

Cash                          $357,000

Accounts receivable   105,000

Inventory                       18,000

Prepaid Insurance          7,000

Equipment                   50,000

Accumulated depreciation            $2,000

Common stock                            400,000

Notes payable                               35,000

Accounts payable                          18,000

Sales revenue                             170,000

Cost of goods sold     80,000

Rent Expense               6,000

Depreciation expense 2,000

Total                      $625,000 $625,000

Explanation:

a) Data and Analysis for the month of March 2018:

1. Cash $400,000 Common stock $400,000

2. Equipment $50,000 Cash $15,000 Notes Payable $35,000

3. Inventory $98,000 Accounts Payable $98,000

4. Accounts Receivable $170,000 Sales Revenue $170,000

4. Cost of goods sold $80,000 Inventory $80,000

5. Rent expense $6,000 Cash $6,000

6. Prepaid Insurance $7,000 Cash $7,000

7. Accounts Payable $80,000 Cash $80,000

8. Cash $65,000 Accounts Receivable $65,000

9. Depreciation expense $2,000 Accumulated Depreciation $2,000

5 0
2 years ago
Bob sells tires. He knows that his weekly sales drop if he increases the unit price p (in dollars). The weekly sales are given b
spin [16.1K]

Answer:

Increase in weakly revenue = $9.8

Explanation:

Price (P) = 100, Demand or Sales N (P) = 120.

So revenue R(P) = P x N(P) = 120 x 100 = 120000

Given : 2 sales per week lost for 10 units increase in price.

New price  (P') = 110 , New Demand or sales N' (P) = 118

So new revenue R' (P) = P' x N' P = 110 x 118 = 12980

Change in Total revenue due to 10 units price rise = 12980 - 120000 = 980

So, change in total revenue due to one unit price rise = 980/ 10 = 9.8

8 0
3 years ago
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