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Dafna1 [17]
2 years ago
5

Motorola and apple are two large competitors in the cellular phone market. it is a violation of the __________ if sanjay jha ser

ves on the board of directors for both motorola and apple.
Business
1 answer:
AURORKA [14]2 years ago
8 0

Answer:

Competition act.

Explanation:

When same person on the board of two or more than two competing firms then such instance is referred to as interlocking directorate. This will significantly have an impact on the market and the competition.

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What does a low asset turnover compared to the industry imply? The investment in assets may be too high. Sales are higher than a
Finger [1]

Answer:

A low asset turnover compared to the industry implies Net income is low relative to the investment in assets.

Explanation:

Asset turnover is the ratio of total sales or revenue to average assets. It is a measure used to gauge how effectively companies are using their assets to generate sales.

Higher turnover ratios mean the company is using its assets more efficiently. Lower ratios mean that the company isn't using its assets efficiently and most likely have management or production problems.

The asset turnover ratio measures the value of a company's sales or revenues relative to the value of its assets

If a company has a low asset turnover ratio, it indicates it is not efficiently using its assets to generate sales.

3 0
2 years ago
Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of rec
makkiz [27]

Answer:

$25,650

Journal entries

Explanation:

The computation and the journal entries are as follows        

The estimated balance of the allowance for Doubtful Accounts is shown below:

= Total account receivable × estimated percentage

= $570,000 × 4.5%

= $25,650

The journal entry is shown below:

a. Bad debt expense A/c Dr  $13,650           ($25,650 - $12,000)

  To Allowance for doubtful debts  $13,650

(Being bad debt expense is recorded)

b. Bad debt expense A/c Dr  $24,650          ($25,650 + $1,000)

  To Allowance for doubtful debts  $24,650

(Being bad debt expense is recorded)

7 0
3 years ago
Consumerism is a widely accepted social movement. Proponents of this movement believe that _____ is a right of all consumers. a.
larisa86 [58]

Answer:

b. the right to be informed

Explanation:

Consumerism is a movement that aims to protect consumer's interests. The movement promotes truthful packaging, fair trade practices, truthful product guarantees, truthful advertising etc. These attributes will enable consumers to make informed decisions before purchasing products. Based on the above, option b is the correct answer.

7 0
3 years ago
As it advances on the ________, Boston Market has added pickup, delivery, and full-service catering to its original restaurant f
Andre45 [30]

Answer:

d. retail positioning matrix  

Explanation:

In the example, it is noted that Boston Market has added value to its original restaurant format (with pickup, delivery...) on the one hand. On the other hand, they broadened the product line with the grocery foods. The two factors imply the axes of the <em>retail positioning matrix.</em>

The <em>retail life cycle</em> is an often confused topic that is similar to the <em>product life cycle</em> (which is related to products and services exclusively) conceptually.  It consists of the following phases: innovation, growth, maturity and decline. Although this example can be correlated to the <em>innovation </em>phase of the retail life cycle, we cannot pinpoint the Boston Market's place on the retail life cycle curve, as we do not have info about its competitors, market share and other external info. Therefore, we cannot detect whether the company is in its up or down phase.

The <em>wheel of retailing</em> is an irrelevant concept, which refers to the tendency that most retailers enter a market in an extremely competitive manner (low cost, for example) and then becomes more exclusive (high cost, better reputation...).

3 0
3 years ago
Miller Fruit wants to expand and needs $1.6 million to do so. Currently, the firm has 465,000 shares of stock outstanding at a m
Assoli18 [71]

Answer:

Rights needed for each new share = 8.14 rights

Explanation:

Amount needed to expand = $1.6 million

465,000 shares of stock outstanding at a market price per share of $32.50

The subscription price = $28

Number of rights issued = 1 right per share × 465,000 shares

Number of rights issued = 465,000 rights

Number of shares needed = $1,600,000 / $28

Number of shares needed = 57,142.857

Rights needed for each new share = Number of rights issued / Number of shares needed

Rights needed for each new share = 465,000 / 57,142.857

Rights needed for each new share = 8.14 rights

7 0
2 years ago
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