Answer:discover where the company's product or brand is on these attributes in the minds of potential customers.
Explanation: The position of a product in the minds of Customers or consumers is a vital factor in determining the sales that can be generated from the product. The perception of potential customers is necessary,so a good marketer or business organisations must ensure that it works to improve upon the perception of its customers concerning it's products or services.
discovering where the company's product or brand is on these attributes in the minds of potential customers is one of the four steps required.
A recession is when the inflation rate is low.. prices are falling dramatically in the market
Answer:
The quantity variance = -900 unfavorable
Explanation:
Direct materials flexibel - budget variance:
standard
0.7 pounds $30 per pound
3,000 x 0.7 = 2,100 standard pounds
actual
2,400 pound $29 per pound
quantity variance:
30(2,100 - 2,400) = -900
Answer:
Break-even quantity= 9520 units
Explanation:
Giving the following information:
The projections include a sales price of $39.
Variable costs per unit of $14.
Fixed costs of $238,000.
The operating cash flow is $24,300.
Break-even quantity= Fixed costs/contribution margin
Break-even quantity= 238000/(39-14)= 9520 units
Answer:
<u>Current Ratio = 2; Yes</u>
Explanation:
First, to solve for current ratio, simply divide the current assets by the current liabilities.
So the current ratio would be $30,000 / $15,000 resulting to <em><u>2</u></em>
Now, a current ratio greater than one means that <u>Mister Ribs will be able to pay its current liabilities as they come due in the next year.</u>
However, because the current ratio at any one time is just a snapshot, it is usually not a complete representation of a company’s liquidity or solvency.
