The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
The company purchased factory equipment on June 1, 2013, for $80,000. It is estimated that the equipment will have a $5,000 salvage value at the end of its 10-year useful life.
Under the straight-line method of depreciation, we need to use the following formula to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (80,000 - 5,000)/10= 7,500
Now, we need to calculate the depreciation for 7 months:
Depreciation expense 2013= (7,500/12)*7= $4,375
Answer:
What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.
Answer:
The correct answer is option c.
Explanation:
High marginal tax rates mean that people will have to pay higher taxes. This may lead to a situation where people are working but are able to earn less than what they could have earned if the tax rates would be the case if marginal tax rates were lower.
This happens because a major part of the income has to be paid as taxes when the marginal tax rates are high.
