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brilliants [131]
3 years ago
15

In the product development process, _____ eliminates ideas that are inconsistent with an organization's new-product strategy or

are obviously inappropriate for some other reason.
Business
1 answer:
Serggg [28]3 years ago
8 0

Answer:

Screening

Explanation:

Screening is a process in product development that evaluates and compares ideas that are put together for a business.

Simply put, screening is the checking and analyzing of ideas about a new product to ensure that the best idea is utilized to ensure profit.

Screening is done because every idea suggested cannot be good enough or useful for an organization and as such have to be trimmed off or trashed entirely to enable one use the best approach from other ideas.

I hope this helps.

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The store hours can be different for each day of the week.<br> True<br> False
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The answer is true because it need not coincide with the calendar of the week, but may begin on any day and at any hour of the day
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Canadian company Yummy Snacks exports a number of products to consumers in Peru, Chile, and Argentina. According to this informa
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Answer:

International Trade

Explanation:

Based on the information provided within the question it can be said that in this scenario Yummy Snacks is most likely involved in International Trade. This refers to exchanging goods or services across international borders throughout various countries, either exporting or importing. Which is what Yummy Snacks is doing by exporting their product to consumers in various Latin American Countries in exchange for money.

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3 years ago
Mark or Make is a bourbon distillery. Sales have been steady for the past three years, and operating costs have remained unchang
schepotkina [342]

Answer:

a. No allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                                 0                0               0

Revenue after Rent paid           140,000   139,000    141,000

Less: Corporate Taxes at 30% <u>42,000         41,700        42,300</u>

Net Income                               <u>$98,000    $97,300    $98,700</u>

<u></u>

Considerations for No Allocation

- Taxes are to be deducted from Gross Profit.

- Rent not to be deducted from Gross Profit.

b. Comprehensive Allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                            <u>60,000</u>    <u>60,000</u>       <u>60,000</u>

Revenue after Rent paid           80,000    79,000        81,000

Less: Corporate Taxes at 30%  <u>24,000</u>    <u>23,700</u>       <u>24,300</u>

Net Income                                 <u>56,000</u>    <u>55,300</u>       <u>56,700</u>

Considerations for Comprehensive Allocation

- Taxes are to be deducted from Gross Profit.

- Rent is to be deducted from Gross Profit.

c. No allocation distorts Mark or Make’s Net Income for all three years. This is because if Rent is not allocated taxes will be calculated on Gross Revenue. That is to say, Rent is a Non-Operating Expense and hence is to be deducted from Revenue to Calculate the Taxes. When Revenue is reduced, obviously, the taxes will be reduced. Hence, less income is seen in Comprehensive Income Statement and more Revenue is seen in Simple - Non Comprehensive Statement.

4 0
3 years ago
Information in the Financial Statements A financial statement is a summary of all the financial transactions that have occurred
4vir4ik [10]

<em>Here's the remaining part of the question</em><em>:</em>

<em>Please analyze and place each item in the appropriate financial statement to which it belongs;</em>

<em> Revenues, Long-term liabilities, Owner's equity, Insurance expense, Land, Patents, Costs of Goods Sold, Income tax, Advertising expense,  Insurance expense, Net change in cash, Accounts Receivable</em>

<u>Explanation</u>:

1. Balance Sheet: Note that this financial statement usually shows the asset and liabilities of the firm's account for a particular period of time. These items are found:

  • Owner's equity,
  • Patents,
  • Long-term liabilities
  • Accounts Receivable
  • Land

2. Income Statement: this financial statement is primarily focused on the revenues and expenses expenses of the firm. Items found includes;

  • Revenue,
  • Costs of Goods Sold,
  • Advertising expense,
  • Income tax,
  • Insurance expense,

3. Statement of cash flow

  • Net change in cash,

8 0
3 years ago
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