It should be noted that pursuing multiple market segments at the same time is not the best way to enter new markets. Therefore, it's false.
<h3>What is a market?</h3>
A market simply means the coming together of a buyer and seller for transactions purpose.
In this case, pursuing multiple market segments at the same time is not the best way to enter new markets. One needs to have complete knowledge before entering a market.
Learn more about market on:
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In many companies, the chief executive officer (CEO), who holds the top management position in the company, also serves as chairman of the board. This is often the case with companies that have grown rapidly and still retain the initial founder in those roles.
Answer:
The balance in the account = $851.8
Explanation:
The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years
.
This implies compounding the initial amount invested ($300) at the given interest rate(11%) for 10 years.This will be done as follows:
<em />
FV = PV × (1+r)^(n)
FV-Future value
r- rate of return per period
n- Number of period
PV - 300
r-11%
DATA
FV- ?
PV - 300
n- 10
FV= 300 × 1.11^10 = 851.83
The balance in the account = $851.8
Answer:
$7,000
Explanation:
Balance to be distributed = Assets amount after liquidation - Creditor - Gene loan to the business
Therefore,
Balance to be distributed = $34,000 - $23,000 - $5,000 = $6,000
Since there is no agreement among the partners regarding the distribution of profits, the amount to be distributed will be shared equally for each partners as follows:
Each partner's of the amount to be distributed = $6,000/3 = $2,000
Amount received by Gene = Loan amount from + Distributed balance share
= $5,000 + $2,000
Amount received by Gene = $7,000
Therefore, Gene gets $7,000 in distribution.
Answer:
Total indirect manufacturing cost= $75,450
Explanation:
Giving the following information:
12,000 units:
Variable manufacturing overhead $ 1.50
Fixed manufacturing overhead $ 5.00
<u>First, we need to calculate the total fixed manufacturing overhead:</u>
Total fixed overhead= 5*12,000= $60,000
<u>Now, for 10,300 units:</u>
Total indirect manufacturing cost= 60,000 + 10,300*1.5
Total indirect manufacturing cost= $75,450
