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3 years ago

The phrase "walk the talk" means:

Business

1 answer:

Nutka1998 [239]3 years ago

5 0

Answer:

The phrase walk the talk means To perform actions consistent with one's claims

In this case the answer is (C) that management lives the ethical standards established in the code of ethics as the management has to follow the ethical standards it set for itself.

Explanation:

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In a failed attempt at extending its brand to a new product line, Bic introduced a line of disposable underwear. To the extent t

kodGreya [7K]

Answer:

brand dilution

Explanation:

Brand dilution simply refers to a successful brand becoming a weak brand due to excessive overuse.

This usually happens when:

a company extends a successful brand into every single product that they can come up with.
in order to increase volume, the company starts to add cheaper versions of the same brand that do not have the same quality.

In this case, Bic started to brand products that aren't related with its main business.

3 0

3 years ago

Mrs. Eller's corporate employer has a cafeteria plan under which its employees can receive a $3,000 year-end Christmas bonus or

Alina [70]

Answer and Explanation:

a. The computation is shown below;

Cash bonus after tax is ($3,000 × (1 - 0.24) $2,280

And, non taxable fringe benefit is $2,300

So here he should use the nontaxable fringe benefit

b. Yes answer would be changed

Cash bonus after tax is ($3,000 × (1 - 0.12) $2,640

And, non taxable fringe benefit is $2,300

hence, the same is to be considered

4 0

3 years ago

Sheffield Corp. estimates its sales at 150000 units in the first quarter and that sales will increase by 15000 units each quarte

Varvara68 [4.7K]

Answer:

183,750

Explanation:

Data provided in the question:

Sales in the first quarter = 150,000 units

Increase in sales each quarter = 15000 units

Ending inventory = 25% of the current sales units

Now,

Ending inventory of first quarter = 25% of Units produced in the first quarter

= 0.25 × 150,000

= 37,500

Units produced in the first quarter = Sales + Ending inventory of first quarter

= 150,000 + 37,500

= 187,500

Units to be produced in the second quarter

= Sales in second quarter - Ending inventory of first quarter + Ending inventory

= [ 150,000 + 15,000 ] - 37,500 + 25% of [ 150,000 + 15,000 ]

= 165,000 - 37,500 + 41,250

= 168,750

Units to be produced in the Third quarter

= Sales in third quarter - Ending inventory of second quarter + Ending inventory

= [ 150,000 + 15,000 + 15,000 ] - 41,250 + 25% of [ 150,000 + 15,000 + 15,000 ]

= 180000 - 41,250 + 45,000

= 183,750

4 0

3 years ago

A company issued 5%, 20-year bonds with a face amount of $60 million. The market yield for bonds of similar risk and maturity is

Lesechka [4]

Answer:

Total $53.0656 (millions)

Explanation:

We will need to add the present value of the coupon payment

and the present value of the maturity date

present value of the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C= 60 million x 5% /2 1.5

time= 20 years 2 payment per year = 40

rate = 6% annual = 0.06/2 = 0.03 semiannually

$1.5 \times \frac{1-(1+0.03)^{-40} }{0.03} = PV\\$

PV $34.6722

present value of the bonds:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 60

time 40

rate 0.03

$\frac{60}{(1 + 0.03)^{40} } = PV$

PV $18.3934

The value of the bond will be the sum of both

PV c $34.6722

PV m $18.3934

Total $53.0656

7 0

3 years ago

Atkinson Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materia

Amiraneli [1.4K]

Answer:

Explanation:

Normal costing Actual costing

Assembly support cost $8,800,000 $8,400,000

Direct labor hours 220,000 200,000

Indirect Cost Rate $40 per DLH $42 per DLH

Normal Costing Laguna Model Mission Model

Construction period Feb-June 2017 May-0ct 2017

Direct material costs $106,550 $127,450

Direct labor costs $ 36,250 $41,130

Direct labor-hours 970 1,000

Assmebly support cost $38,800

($40 x 970) $40,000

Total job cost $181,600 $208,580

Actual Costing Laguna Model Mission Model

Construction period Feb-June 2017 May-0ct 2017

Direct material costs $106,550 $127,450

Direct labor costs $ 36,250 $41,130

Direct labor-hours 970 1,000

Assmebly support cost $40,740

($42 x 970) $42,000

Total job cost $183,540 $210,580

Companies now do prefer normal costing than the actual costing, reasons are that the overhead rates are been known from the beginning of the year which is important for giving price estimates and checking the profitability of jobs.

5 0

3 years ago