Answer:
There is no profit so they would be loosing money.
Explanation:
Answer:
governor lamont
Explanation:
i think but im not too sure
Answer:
The budgeted cash payments for the second quarter are $225000
Explanation:
The cash payments in the second quarter will comprise of cash purchases for the second quarter which are 35% of purchases for the second quarter along with 65% of payments due for purchases of the first quarter.
The cash payment budgetedn for the second quarter is,
Cash payment = 0.35 * 264000 + 0.65 * 204000 = $225000
Answer:
ME should make the investment because it results in not only higher market share but also a $24,000 increase in profits.
Explanation:
Currently ME's marketing expenditures represent 25% of the industry's marketing expenditures and it matches his market share. Using the competitive parity approach, three additional market share points should cost $120,000 ($40,000 for each point) and should increase gross profits to a total of $1,344,000 ($144,000 increase). The difference between incremental revenue and incremental expenses = $144,000 - $120,000 = $24,000.
