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Anuta_ua [19.1K]
3 years ago
8

E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The

company has more than 170 stores located in large cities throughout the Southeast and Midwest. E-Gadgets has chosen the locations of its stores so that most customers living in upper middle class and wealthy neighborhoods can get to an E-Gadgets store in less than 15 minutes. E-Gadgets is providing its customers with:
A)scrambled merchandising. B)allocative utility. C)place utility. D)saturation marketing.
Business
1 answer:
IgorLugansk [536]3 years ago
5 0

Answer:

The correct option is C) place utility

Explanation:

Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets , who are making their stores available to such locations , where their customers ( upper middle class and wealthy neighborhoods) can get access to the products easily( less than 15 minutes in the given case).

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Emarpy Appliances Inc. wants to determine the optimal production policy for their best selling refrigerator. The demand for this
monitta

Answer:

Q' = 213.80

Explanation:

P(d): production rate per day = 200

Ic: Installation cost = 120

D: Demand = 8000

D(d): demand rate per day = 32

Uc: Unit cost (holding) = 50

Applying into Production order quantity model formula

Q'= \sqrt{\frac{2*D*Ic}{(1 - \frac{D(d)}{P(d)}) * Uc } }  = \sqrt{\frac{2*8000*120}{(1 - \frac{32}{200})*50 } }  = 213.80

7 0
3 years ago
On November 1, 2013, Wenger Co. paid its landlord $4,260 in cash as an advance rent payment on its store location. The six-month
Lubov Fominskaja [6]

Answer:

The journal entry should be:

November 1, 2013, six months of rent paid in advance

Dr Prepaid rent 4,260

    Cr Cash 4,260

Assets                                             = liabilities + equity

cash            prepaid rent

-$4,260       $4,260                          $0              $0

Revenues           -          Expenses          =           Net income

$0                                  $0                                   $0

This operation represents an operating cash flow activity.

3 0
3 years ago
Precision Tool is trying to decide whether to lease or buy some new equipment for its tool and die operations. The equipment cos
makvit [3.9K]

Answer:

$4,200

Explanation:

Cost of equipment = $52,000

Life of equipment = 3 years

Depreciation through straight line method = 52,000/3 = $17,333

Tax rate = 33%

Pretax cost of debt = 10%

Lease amount of equipment = $18,500

After tax cost of debt = 10%*(1-0.33)

After tax cost of debt = 10%*(0.67)

After tax cost of debt = 0.067

After tax cost of debt = 6.7%

After tax lease payment amount = 18,500*(1-0.33)

After tax lease payment amount = 18,500*0.67

After tax lease payment amount = 12,395

Present Value of 3 lease payment = 12,395/(1+0.067) + 12,395/(1+0.067)^2 + 12,395/(1+0.067)^3

Present Value of 3 lease payment = 12395/1.067 + 12395/1.1385 + 12395/1.2148

Present Value of 3 lease payment = 11616.68 + 10887.13 + 10203.33

Present Value of 3 lease payment = $32,707.14

Present Value of cost involved in purchasing the equipment is $52,000, however there will be a tax shield from depreciation therefore, this amount would reduce the company's cost.

Annual depreciation tax shield = 17,333*0.33 = $5719.89. There will be tax shield on depreciation for 3 years. Therefore, present value of $5719.89 is calculated for three years:

= $5719.89/(1+0.067) + $5719.89/(1+0.067)^2 + $5719.89/(1+0.067)^3

= $5719.89/1.067 + $5719.89/1.1385 + $5719.89/1.2148

= $5360.72 + $5024.06 + $4708.50

= $15,093.28

Present Value of the cost of buying the equipment = $52,000 - $15,093.28 = $36,906.72

Net Advantage Leasing = Present Value of the cost of buying the equipment - Present Value of 3 lease payment

Net Advantage Leasing = $36,906.72 - $32,707.14

Net Advantage Leasing = $4,199.58

Net Advantage Leasing = $4,200.

7 0
3 years ago
The idea that firms will get the most for their money when they pay wages higher than the equilibrium wage is called:
olganol [36]

The idea that firms will get the most for their money when they pay wages higher than the equilibrium wage is called optimal-wage theory.

<h3>What is optimal-wage theory?</h3>

Optimal efficiency wage is one that that do occur when marginal cost of an increase in wages can be attributed to the marginal benefit associated to productivity.

Hence, idea that firms will get the most for their money when they pay wages higher than the equilibrium wage is called optimal-wage theory.

Learn more about optimal-wage theory at:

brainly.com/question/11555274

#SPJ1

8 0
1 year ago
Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin
kobusy [5.1K]

The consolidation worksheet entries for December 31, 2020, and December 31, 2021 is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

<h3> Consolidation worksheet entries </h3>

December 31, 2020

Entry S

Debit Common Stock -Abernethy                           $250000

Debit  Additional paid-n capital – Abernethy           $50,000

Debit Retained earnings                                           $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                               $731,110

(Elimination entry for Abernethy common stock)

Entry A          

Debit Goodwill                                             $107,510

Credit Investment in Abernethy                                            $107,510

($731,110-$250,000+$323,600+$50,000)

(To recognize excess acquisition cost as goodwill)

Entry I            

Debit Equity in Earnings of Subsidiary      $129,000

Credit Investment in Abernethy                           $129,000

(Elimination entry for inter-company income for 2020)

Entry D          

Debit Investment in Abernethy                    $16,000

Credit Dividends paid                                               $16,000

(Elimination of inter-company dividend payments)

Entry E            

No Journal Entry Required

(Unamortized goodwill under the partial equity method)

Entry C          

No Journal entry required

(Goodwill unamortized)

December 31, 2021

Entry S

Debit Common Stock – Abernethy                         $250,000

Debit Additional-Paid-in Capital –Abernethy         $50,000

Debit Retained Earnings –Abernethy                        $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                             $731,110

(Elimination entry of beginning stockholder’s equity balances of Subsidiary)

Entry A

Debit Goodwill                                                         $145,000

Credit Investment in Abernethy                                $145,000

(To record goodwill balance)

Entry I

Debit Equity in Earnings in Subsidiary                   $176,000

Credit Investment in Abernethy                                $176,000

(Elimination of inter-company accrual for the year 2021)

Entry D

Debit Investment in Abernethy                                $38,000

Credit Dividends Paid                                               $38,000

(Elimination of inter-company dividend payments)

Entry E            

No journal entry is required

Therefore the entries is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

Learn more about  Consolidation worksheet entries here:brainly.com/question/15128084

#SPJ1

4 0
2 years ago
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