<span>Typically homes increase in value over time and cars decrease in value depreciate over time
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1.B.conservatively B.mission statement. C.smile
Answer:
$832 U
Explanation:
Flexible budget = $30,628 ($1,900 + $7.20 3,990)
Actual results = <u>$31,460</u>
Spending variance = <u>$832</u>
Actual expense > Flexible budget, the variance is unfavorable (U)
Answer:
The required rate of return on the risky projects is 17.40%
Explanation:
The required rate of return on average risky projects of Frank and Sons can be computed using the cost of equity formula below:
Ke=Rf+beta*(Mr-Rf)
Rf is the risk rate of return on government security which is 7%
beta is the sensitivity of the project to market return is 1.3
Mr is the market expected return which is 15%
Ke=7%+1.3*(15%-7%)
Ke=7%+1.3*8%
Ke=7%+10.4%
Ke=17.40%
The required rate of return on the risky projects is 17.40%
Answer:
Multi-Segment Marketing
Explanation:
As DeFeet initially positioned themselves as cyclist sock company but after some time, they identified the mass appeal of their product. They started offering hiking and snow gear which included products like arm skins, calfskin, boxer briefs, gloves, shirts other than just socks. Not only that but they also made a department for customized products. This strategy of offering same category product to different segments is known is multi-segment marketing
