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3 years ago

Firms pursuing a differentiation strategy primarily seek to

Business

1 answer:

lidiya [134]3 years ago

3 0

To create higher customer perceived value than the value that competitors create.

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In a recent year hart corporation had net income of $125,000, interest expense of $30,000, and tax expense of $40,000. what was

makkiz [27]

Net income = $125,000

Interest expense = $30,000

Tax expense = $40,000

Interest times hart corporation earned for the year = ?

First add all the expenses and then divided by interest expense to get interest times.

= ($125,000 + $30,000 + $40,000) / $30,000

= $195,000 / $30,000

= 6.5

4 0

3 years ago

Ruiz Co.’s budget includes the following credit sales for the current year: September, $165,000; October, $156,000; November, $1

Minchanka [31]

Answer:

$150,350

Explanation:

The computation of the cash collected in December is shown below:

Particulars Sept Oct Nov Dec

Sales $165,000 $156,000 $140,000 $177,000

Given percentage 30% 55% 15%

December collection amount $46,800 $77,000 $26,550

Total December collection $150,350

8 0

3 years ago

Solving for the sales level needed to achieve a profit of zero is the same process as solving for the sales level needed to ____

____ [38]

Answer: break-even

Explanation:

5 0

2 years ago

Equity method journal entries (price greater than book value) An investor purchases a 25% interest in an investee company, and t

Crazy boy [7]

Answer:

See answer an explanation below.

Explanation:

The journal entries will look as follows:

General Journal

Description Debit ($) Credit ($)

Equity investment 145,000

Cash 145,000

(To record purchase of investment.)

Cash 25,000

Income from equity investment (w.1) 25,000

(To record equity income.)

Cash 20,000

Equity investment 20,000

(To record receipt of cash dividend.)

Income from equity investment 2,000

Equity investment (w.2) 2,000

(To record patent amortization expense.)

Cash 180,000

Gain on sale of equity invest. (w.4) 32,000

Equity investment (w.3) 148,000

(To record sale of investment.)

Workings

w.1: Income from equity investment = Investee's net income * Percentage of interest = $100,000 * 25% = $25,000

w.2: Equity investment = (Patent value / Remaining useful life) * Percentage of interest = ($80,000 / 10) * 25% = $8,000 * 25% = $2,000

w.3: Equity investment = $145,000 + $25,000 - $20,000 - $2,000 = $148,000

w.4: Gain on sale of equity investment = Sales proceed - w.3 = $180,000 - $148,000 = $32,000

4 0

2 years ago

Many farmers practice "crop rotation" by planting a field with corn one year and soybeans the next. why might they do this?

lisabon 2012 [21]

The reason that they do this because rotating crops has the capability of keeping the nitrogen from being depleted in the soil as nitrogen fixing bacteria are likely to be found in the nodules of the roots of the soybeans and not on the corn’s roots that makes soybeans the next after the corn is planted first.

8 0

3 years ago