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Ber [7]
3 years ago
14

Many customers have visited Patty’s Diner for decades because of the diner’s friendly service. Most customers feel that Patty’s

is the friendliest placed around. In a SWOT analysis, the friendly service at Patty’s is an example of a company
Business
2 answers:
timurjin [86]3 years ago
5 0

Answer: Strength.

Explanation:

SWOT analysis of a company is a study into the strength, weakness, opportunities and threats facing that company. At Patty's Diner, the friendly service is an area of strength which the restaurant uses to attract buyers to their shop. Hence Patty's Diner has to maintain the friendly service they render.

OverLord2011 [107]3 years ago
4 0

Answer:

strength

Explanation:

The SWOT analysis is carried out to determine both internal (strengths and weaknesses) and external (opportunities and threats) factors that affect a company. Internal factors can be controlled by the company, while external factors cannot:

  • Strengths: internal positive attributes of your company, what it does well.
  • Weaknesses: internal attributes that need to be improved because the competition does them better.
  • Opportunities: external business environment factors that can help your company thrive.
  • Threats: external business environment factors that can make your company fail.
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Goods held on consignment are Select one: a. included as part of no one's ending inventory. b. included in the consignee's endin
Serhud [2]

Answer:

d. never owned by the consignee.

Explanation:

The consignor is the business that gives merchandise to the consignee so that it can sell it. The consignor is the owner of the merchandise that is given in consignment, not the consignee. This merchandise must be reported in the consignor merchandise inventory in the balance until it is sold. Once it is sold, an accounts receivable is created.

5 0
3 years ago
Which of the following is true about finding the present value of cash flows? Finding the present value of cash flows tells you
antiseptic1488 [7]

Answer: The statement 2, "Finding the present value of cash flows tells you how much you need to invest today so that it grows to a given future amount at a specified rate of return." Is <u>TRUE.</u>

Explanation: "Finding the <u>FUTURE VALUE </u>of cash flows tells you what a cash flow will be worth in future years at a specified rate of return." is the definition for FUTURE VALUE.

6 0
3 years ago
Roadtec Tire Company has a corporate culture that emphasizes an internal focus on the involvement and participation of employees
Otrada [13]

Answer: (D) Involvement culture

Explanation:

 According to the given question, the involvement culture is one of the type of corporate culture that helps in focusing the various types of internal functions such as the involvement and also the participation of the employees in an organization.

The road-tech tire is one of the company that possess the involvement corporate culture for its family like environment and caring nature for the employees.

The main advantage of the involvement culture is that it helps in reduce the stressful environment of an organization and also providing the various types of economical and social based benefits.

 Therefore, Option (D) is correct answer.

5 0
3 years ago
Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. A
Darya [45]

Answer:

Overhead rate for ordering and receiving = $300 per order.

Explanation:

Given Activity costs and activity drivers

Activity                                          Overhead Cost            Driver Activity

Ordering & Receiving Order           $150,000                     500 orders

Machine Setup                                  $324,000                    450 setups

Machining                                          $1,587,500                   125,000 MH

Assembly Parts                                 $1,260,000                   1,000,000 parts

Inspection                                           $330,000                        500 inspections

Under activity based costing the rates are based on the nature of activity and the rates are based on number of those activities per driver. As for ordering and receiving there are total of 500 orders and total cost = $150,000 that is cost per order will be computed.

Overhead rate for ordering and receiving = $150,000/500 orders = $300 per order.

6 0
3 years ago
Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr
True [87]

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income=  decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

4 0
3 years ago
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