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Lubov Fominskaja [6]
3 years ago
8

Bob at Bob’s Furniture is looking at a perceptual map about customers’ ideas about his products. The attributes customers care m

ost about are price and comfort. They care less about aesthetics and quality. The attributes in which Bob’s products are doing worst are comfort and quality. They are doing best on price and aesthetics. Which attribute should be Bob’s priority as he tries to improve? a. quality b. comfort c. aesthetics d. price
Business
1 answer:
Stella [2.4K]3 years ago
7 0

Bob should prioritize on <u>b. comfort</u> to improve his business.

<u>Explanation</u>:

A perceptual map is a chart that represents the views of customers about specific attributes of a product, an organization, brand or service.

In the above scenario, Bob was the owner of Bob’s furniture. He was looking at the perceptual map about his product. He came to know that customers concentrate on price and comfort. His product was designed focusing on the price and aesthetics attribute. But customers never care about aesthetic and quality.

So Bob decides to give priority to comfort to improve his business. As they are already focusing on price, he decided to take additional care on comfort of the product.

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Exeter enterprise inc reported net sales of $300 million last year and generated a net income of $ 65 million. last years accoun
Ksenya-84 [330]

Answer:

The correct answer would be $73 Millions.

Explanation:

The amount of cash a company possesses is the net income which it generates over a period of time. Account receivables are also considered to be the cash amount for the company which it collects within that period. So as given in this question, we would not take $300 million Sales, as company will exclude app expenses from this amount and then the remaining amount will be considered as the Cash in hand. So $65 Million will be the net income and as the account receivables also increased to $8 Millions, we will include this amount in the net income as:

Total Cash = Net Income + Account Receivables

Total Cash = $65M + $8M

Total Cash = $73 Millions.

6 0
3 years ago
Rosman Company has an opportunity to pursue a capital budgeting project with a five-year time horizon. After careful study, Rosm
vovangra [49]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
8 0
4 years ago
For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance.
mestny [16]

Answer:

dont be lonely

Explanation:

5 0
3 years ago
Suppose there is perfect competition in the output market and the labor market and that the output price is $10 and the wage is
Pani-rosa [81]

Answer:

2 hours of labor

Explanation:

Labor is hired up to a point where the marginal product of labor * Price of the output = wage of the worker.

Thus, 35 * 10 = 350.

35 widgets are produced using 2 hours of labor.

4 0
3 years ago
Prepare journal entries to record each of the following sales transactions of EcoMart Merchandising. EcoMart uses a perpetual in
Rudik [331]

Answer:

Oct 1

Debit  : Accounts Receivable $2,600

Debit : Cost of Sales $1,450

Credit : Sales Revenue $2,600

Credit : Merchandise $1,450

Oct 6

Debit : Sales Revenue $260

Debit : Merchandise $145

Credit : Accounts Receivable $260

Credit : Cost of Sales $145

Oct 9

Debit  : Accounts Receivable $1, 250

Debit : Cost of Sales $1,450

Credit : Sales Revenue $1, 250

Credit : Merchandise $1,450

Oct 11

Debit  : Cash $2,340

Credit : Accounts Payable $2,340

Explanation:

The perpetual method ensures that the cost of sales and inventory values are calculated after every transaction made.

Therefore, remember to show the cost of sale journal and the resulting decrease in inventory after every sale.

8 0
3 years ago
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