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3 years ago

The last stage of the new-product development process is

Business

1 answer:

professor190 [17]3 years ago

8 0

Answer:

The last and final stage is Test Marketing.

Explanation:

Test Marketing is the stage which is the final stage in the development process of the new product. It is the experiment which is performed in the test market or the filed laboratory that comprise of the actual stores and the situations of real life buying, without buyers knowing that they are participating in the evaluation.

This stage stimulates the eventual or true market - mix in order to ascertain the consumer reaction regarding the product.

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Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

Ket [755]

Answer:

Annual depreciation= $7,996

Explanation:

Giving the following information:

Purchase price= $42,000

Useful life= 5 years

Salvage value= $2,020

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (42,000 - 2,020) / 5

Annual depreciation= $7,996

5 0

3 years ago

Potential GDP refers to the level of ___________ Select one: a. Nominal GDP in the long run. b. Nominal GDP in the short run. c.

Aloiza [94]

Answer:

c. Real GDP in long run

Explanation:

Potential GDP refers to the level of real GDP in long run.

8 0

3 years ago

Read 2 more answers

Using the following information, estimate Rogue Outdoors annual or monthly market demand for adult hiking shoes: Number of 18-65

8_murik_8 [283]

Answer:

Rogue Outdoor’s break-even point in units and dollars is 720 units and $72,000 respectively.

Explanation:

In this question we use the formula of break-even point in the unit which is shown below:

= (Fixed expenses) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $100 - $50

= $50

Now put these values to the above formula

So, the value would equal to

= $36,000 ÷ 50 per units

= 720 units

And, the formula of break-even point in dollars which is shown below:

= (Fixed expenses) ÷ (Contribution margin ratio)

where,

Contribution margin ratio = (Contribution margin ÷ selling price per unit) × 100

where, Contribution margin = Selling price per unit - Variable expense per unit )

= $100 - $50

= $50

So, the contribution margin ratio = 50%

Now put these values to the above formula

So, the value would equal to

= $36,000 ÷ 50%

= $72,000

4 0

3 years ago

Tom produces commemorative t-shirts in a competitive market. if tom decides to decrease his output, this will

wolverine [178]

In a competitive market, a large number of producers compete with each other to satisfy the needs of their consumers. In here, no one or group of producers can dictate the price. They have only one major decision to make—and that is, what quantity to produce. Therefore, when Tom decided to produce commemorative t-shirts, and decrease his output, This decision did not increase his revenue, since did not lead to higher market price nor the competitors will decrease their output. The answer is C. decrease his revenue, for price remains the same.

6 0

3 years ago

Read 2 more answers

Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses

Artyom0805 [142]

Answer:

A) 10,200

Explanation:

Capital balance of both partners :

Cody Jenkins = $39,000

Lacey Tanner = $51,000

Existing capital =. $(39,000 + 51,000) = $90,000

New purchase price - Solano = $24,000

Total capital = $(90,000 + 24000) = $114,000

New capital :

New partner share × total capital

New partner capital = 30 % × 114000 = $34,200

Amount of partner bonus = new purchase price - new partner capital

Amount of partner bonus = 24,000 - 34,200 = - $10,200

Bonus share ratio:

Cody Jenkins and Lacey Tanner share profit and losses equally :

Cody Jenkins and Lacey Tanner :

0.5 × 10,200 = -$5,100

Account. - - - - - - - - - - - - - Debit - - - - - Credit

Cash - - - - - - - - - - - - - - - 24,000

Capital: valerio Solano - - - - - - - - - - - 34,200

Capital: Cody Jenkins - - - 5,100

Capital: Lacey Tanner - - - 5,100

Total - - - - - - - - - - - - - - - 34,200 - - - 34,200

C.)

The purchase price is less than the book value of the 30% percentage of the partnership purchase, valerio Solano purchase price was $24,000 but he was allocated 30% of total capital which is $34,200

4 0

3 years ago