Answer:
Yes
Explanation:
Pricing plays an essential role for a product and organisation. At a very basic level, an organisation exists to make profit. A price must cover the cost of a good sold.
Pricing also plays a role in the perception of a product (marketing mix). For example, an Apple product is not cheap because of some perceived value of the product.
Another reason why pricing is integral is in times of competition, it may be worthwhile to use price to take market share from competitors.
Answer:
wheat, wheat
Explanation:
In the field of economics, absolute advantage may be defined as the ability of a producer to produce a particular goods or services at large amount or quantity at the same price or the same quantity at a very low price as compared to other producers. It means producing goods efficiently.
Whereas a comparative advantage of a product is defined as the ability of a producer to produce more goods and and consumes less of it at a lower opportunity cost when compared to its competitors.
Thus in the context, Country A has both an absolute advantage as well as comparative advantage in production of wheat.
Explanation:
The statement is true.
Corporate responsibility is a concept that is no longer justified merely as a means for companies to exercise altruism, but rather as a means of achieving competitive advantage.
The concept emerged in the 70's as a means that companies should also act as transformers of society, that is, they should actively contribute to the reduction of ethical, legal, social and environmental problems, in order to adopt positive posture and actions. and beneficial to society.
In the information age, the relationship of the individual with organizations has evolved, and society is more charged for companies to exercise corporate governance, based on transparency and ethical and legal principles.
It must be performed at all organizational levels, and understand the external organizational environment, in compliance with legal and ethical standards.
The benefits from the practice of corporate responsibility are many, and exert strategic character that translate into competitive advantages, the company's image is strengthened, the perception of stakeholders increases, there is increased investment in the company, the compliance of organizational practices lead to improvement. continuous and others.
Answer:
$150,450
Explanation:
With regards to the above, her assets are: checking account, savings account, Home, furniture and appliances, laptop, mutual fund, car and retirement account.
= $750 + $1,900 + $91,000 + $11,000 + $3,300 + $5,500 + $37,000
= $150,450
Therefore, the total value of her asset is $150,450
Answer: 12.53%
Explanation:
EBIT = $780,000
Interest = $470,000
EBT = EBIT - Interest
= $780,000 - $470,000
= $310,000
Net Income = EBT - Tax
= $310,000 - (35% × $310,000)
= $310,000 - (0.35 × $310,000)
= $310,000 - $108,500
= $201,500
Total assets turnover ratio = 2.8
Total assets = $10,000,000/2.8
= 3,571,429
Debt ratio = 55% = 0.55
Debt/Total asset = 0.55
Debt/3,571,429 = 0.55
Debt = 0.55 × 3571429
= 1,964,286.4
Equity = 0.45 × 3571429
= $1607143.5
Return on equity = Net income/Equity
= $201,500/$1,607,143.5
= 0.1253
= 12.53%
The company's return on equity will be 12.53%.
