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zavuch27 [327]
3 years ago
5

Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have

decided to close all the stores in the Northeast and Texas, as that will give them an additional one million dollars to put into marketing. This executive is practicing the
A. individual approach.
B. utilitarian approach.
C. moral-rights approach.
D. justice approach.
E. value system approach
Business
1 answer:
Serggg [28]3 years ago
7 0

Answer:

The correct answer is B

Explanation:

Utilitarian approach or method is the approach which assesses or analyze the actions in terms of the outcomes or results, that is the net costs and the benefits to all the stakeholders on individual level.

This approach aspire or attempt to accomplish the greatest good for the  numbers when creating the least amount for preventing the suffering of the greatest amount.

So, the shop uses or practice the approach of utilitarian as it will provide them the extra one million dollar to put it in the marketing.

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Your company expects to pay 5,000,000 Japanese yen 90 days from now. You decide to hedge your position by buying Japanese yen fo
Kitty [74]

Answer:

$47,500

Explanation:

The computation of the dollars amount for meeting the obligation is shown below:

= Expected amount to pay × forward rate

= 5,000,000 × $0.0095

= $47,500

We simply multiply the Expected amount to pay with the forward rate so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboa
dangina [55]

Answer:

given

Coast to Coast Surfboards Inc.

                                          Atlantic Wave            Pacific Pounder

                             

Sales price                             $200                                $120

Variable cost of goods sold per unit (150)                    (90)

Manufacturing margin per unit $50                               $30

Variable selling expense per unit (34)                            (16)

Contribution margin per unit $16                                    $14

                      East Coast            West Coast

Atlantic Wave 40,000                  25,000

Pacific Pounder 0                        25,000

<u><em>Calculations</em></u>

Coast to Coast Surfboards Inc.

Contribution Margin by Territory.

                                   Atlantic Wave            Pacific Pounder

                              East Coast West Coast   East Coast  West Coast

Sales price                             $200                                $120

<u>Units                            40,000  25,000                  0,        25000</u>

Sales                        8000,000    5000,000          000,    3000,000

V. COGS                 (6000,000)   (3750000)                000,  (2250000)

MAnufg. Margin     2000,000    1250000                   000.   750,000

Var. & Selling Exp.  (1360000)    (850000)                   000.    (400,000)

Contribution margin 640,000       400,000                 000.     350,000

Contribution Margin Ratio = Contribution Margin/ Sales

CM ratio=               8%                 8%                             000 .       11.67%

<em>Multiplying the number of units given against each territory with the respective costs gives this income statement.</em>

7 0
3 years ago
Dove, Inc., had additions to retained earnings for the year just ended of $630,000. The firm paid out $105,000 in cash dividends
Andreas93 [3]

Answer:

(A) Earnings per share = $1.19 per share, Dividends per share = $0.17 per share, and book value per share is $11.69 per share

(B) Market-to-book ratio = 2.52 times, and the price-earnings ratio is 24.79 times

(C) Price-sales ratio is 1.73 times

Explanation:

(A) Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = Retained earnings + dividend paid

                   = $630,000 + $105,000

                   = $735,000

And, the number of shares are 620,000 shares

Now put these values to the above formula  

So, the value would equal to

= ($735,000) ÷ (620,000 shares)

= $1.19 per share

Dividend per share = (Total dividend) ÷ (number of shares)

                                 = ($105,000) ÷ (620,000 shares)

                                 = $0.17 per share

Book value per share = (Total equity) ÷  (number of shares)

                                     = $7,250,000 ÷  (620,000 shares)

                                     = $11.69 per share

(B) Market to book ratio  = (Market price per share) ÷ (book value per share)

= $29.50 ÷ $11.69

= 2.52 times

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

                                  = $29.50 ÷ $1.19

                                  = 24.79 times

(C) Price sales ratio = (Market price per share) ÷ (Total sales per share)

where,

Total sales per share = (total sales) ÷ (Number of shares)

                                   = (10,550,000) ÷ (620,000 shares)

                                   = $17.01 per share

So, the price sales ratio = $29.50 ÷ $17.01

                                        = 1.73 times

6 0
3 years ago
Recent medical research revealed that the presence of gluten in oats can cause celiac disease in the elderly. Since the elderly
natali 33 [55]

Answer:

The supply of oats came down drastically, with some major participants exiting the market.

Explanation:

The price of oats actually increased because, due to the research that says oats contain gluten that can cause a disease in the elderly and therefore not good for consumption, the supply of oats decreased thereby resulting to the scarcity of oats in the market.

When supply decreases, price increases.

6 0
4 years ago
" stan loves collecting stamps. he receives an email that appears to come from a well-known stamp auction site asking him to res
Anna35 [415]
This scenario is an example of attempted "phishing"

Your answer is phishing
6 0
3 years ago
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