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mote1985 [20]
2 years ago
15

What does it mean for a company to have a competitive advantage

Business
1 answer:
Flauer [41]2 years ago
3 0
When a company has a competitive advantage over others it means they have offered their customers a better value on their products. This could imply they lowered prices or added benefits/services to make higher prices more worthwhile.
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The sales price, acquisition costs, and capital improvement costs (such as renovations or additions) of a property combine to ma
Aneli [31]

The sales price, acquisition costs, and capital improvement costs (such as renovations or additions) of a property combine to make up the<u> </u><u>Basis</u>.

Acquisition price refers to an amount paid for a constant property, for expenses associated with the purchase of a new purchaser, or for the takeover of a competitor. It is useful in identifying the entire cost of the fixed property as it consists of gadgets together with criminal charges and commissions and eliminates discounts and remaining fees.

The acquisition fee refers to the all-in value to buy an asset. these expenses encompass shipping, income taxes, and customs charges, as well as the prices of web page training, installation, and testing. Whilst acquiring property, acquisition prices can include surveying, closing expenses, and paying off liens.

Patron acquisition cost is the fee of winning a purchaser to buy a product or service. As an important unit financial, consumer acquisition expenses are often associated with purchaser lifetime costs. With CAC, any employer can gauge how lots they’re spending on obtaining every client.

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5 0
1 year ago
You and a friend are designing and selling artisan smartphone covers. The covers are decorated with tiny manufactured rhinestone
IgorC [24]
In a manufacturing business or any type of business, one must start with capital that can upstart the business and then must be sustained through revenue. This is important to maintain the cycle of the business. In the manufaturing business, rhinestones is a term to describe the capital.
5 0
3 years ago
Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

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5 0
2 years ago
Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,90
Alexxx [7]

Answer:

Conversion costs: d. $384,200

Explanation:

Conversion costs are the costs incurred on activities that convert raw material to finished goods. Conversion costs are calculated by using following formula:

Conversion costs = Direct labor + Factory overhead.

In the case: Direct labor  are $196,300; Factory overhead are $187,900

Therefore:

Conversion costs = $196,300 + $187,900 = $384,200

5 0
3 years ago
The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant to improve bike trails. The federal government a
lidiya [134]

Answer:

correct option is a) $182,000

Explanation:

given data

federal expenditure = $1,000,000

advanced the city =  $600,000

city incurred qualifying expenditures = $418,000

solution

we get here Ruth recognize as unearned revenue for its fiscal year ending that is express as

Amount to be recognized unearned revenue = advanced the city  - city incurred qualifying expenditures   .......................1

put here value

Amount to be recognized unearned revenue = $600,000-$418,000

Amount to be recognized unearned revenue = $182,000

so correct option is a) $182,000

5 0
3 years ago
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