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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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Miguel, Inc. reported net income of $2.5 million in 2022. Depreciation for the year was $160,000, accounts receivable decreased
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Answer:

$2,730,000

Explanation:

The opening cash balance is netted off the cash flows from all activities namely; Operating, investing and financing activities to get the closing cash balance.

The operating activities includes elements such as net income, depreciation and amortization, changes in working capital etc.

Given;

Net income = $2,500,000

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accounts receivable decrease = $350,000 (inflow of cash)

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net cash provided by operating activities using the indirect approach

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3 years ago
Wildhorse Co., a ski tuning and repair shop, opened on November 1, 2016. The company carefully kept track of all its cash receip
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Answer and Explanation:

The preparation is as follows:

1. Accrual basis Income statement  

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Less: Expenses      

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income tax payment -$10,000  

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($9,430 ÷ 5 × 6 ÷ 12) -$943  

total expense  -$16,863  

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b) Balance sheet  

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Current assets    

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total current assets $25,900

PP&E      

Equipment $9,430  

less Accumulated depreciation -$943  

total  $8,487

total Assets $34,387

Liabilities      

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Salaries and Wages payable $495  

total liabilities  $495

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3 years ago
A company is setting its direct materials and direct labor standards for its leading product. Direct material costs from the sup
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4 years ago
Which of the following organizational forces addresses the values of an individual?
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I believe it's Social. Sorry if i'm wrong. 
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3 years ago
a project that will last for 8 years is expected to have equal annual cash flows of $97,900. If the required return is 7.6 perce
iVinArrow [24]

Question:

MC algo 5-28 Calculating NPV A project that will last for 8 years is expected to have equal annual cash flows of $97,900. If the required return is 7.6 percent, what maximum initial investment would make the project acceptable?

Multiple Choice $516,751.56 $571,237.51 $1,026,395.85 $482,301.46 $550,008.71

Answer:

PV of cash inflow = $571,237.5  

Explanation:

T<em>he maximum initial investment amount to be paid is the present value of the series of the annual cash inflow discounted at the opportunity cost rate of 7.6% per annum. </em>

<em>In other words,the maximum to be paid for the investment should be equal to the value today of the series of eight equal annual cash flow of $97,900 discounted at 7.6%</em>

This is given in the relationship below:

PV of cash inflow = A ×( 1- (1+r)^(-n))/r )  

A- equal annual cash - 97,900. r-rate of return - 7.6%, n-number of years- 8

PV = 97,900 × ( 1 - (1+0.076)^(-8)/0.76)=  571,237.5  

PV of cash inflow = $571,237.5  

3 0
3 years ago
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