Compare the aditiona revenue best buy could have made moving from 2 million to 4 million

Sales of Granite City Products Inc. have been on a steady decline for the last 12 months. A market research study conducted reve

Fed [463]

Answer:

$35,280

Explanation:

For computation of the target operating income first we need to find out the profit per unit which is shown below:-

Profit per unit = Sales Price × Sales percentage

= $420 × 30%

= $126

Target Operating Income = Profit per unit × Annual Sales Target

= $126 × 280 units

= $35,280

Therefore for computing the target operating income we simply applied the above formula.

5 0

3 years ago

Which of the following is NOT true about licensing? a. The license fee could be based on a percentage of final sales revenue of

nordsb [41]

Answer:

The option that is not true about licencing is E) It involves slightly more risk to the licensee than licensor.

Explanation:

Licensing is a business arrangement in which one company gives another company permission to manufacture its product for a specified payment. Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee.

Usually, It is the licensor that that bears more risk. For instance, unscrupulous licensees have been known to manufacture licensed products and sell them under different brand names in order to tamper with the royalty payable to the licensor.

4 0

3 years ago

If the cpi is 120 in year 1 and 150 in year 2, then the rate of inflation from year 1 to year 2 is:

mixas84 [53]

The inflation can be measured by the percentage of change in the CPI.

From the givens:
The change between year 1 and year 2 = 150 - 120 = 30
Now, the percentage of change can be calculated as follows:
% of change = (change in CPI/original CPI) * 100
% of change = (30/120) * 100 = 25%

From, the definition, inflation is measured as the percentage in change of CPI, therefore, inflation = 25%

4 0

4 years ago

Answer the following questions regarding the matrix below, which represents the strategic interaction between the two largest mo

Ilia_Sergeevich [38]

Answer:

a. A pure strategy Nash equilibrium of a game is a strategy profile in which both players are best responding to each other's strategies. For the given payoffs, we have 2 pure strategy Nash equilibrium (June, August) and (August. June). The arguments are as follows:

- Universal playing June and Fox playing August is equilibrium. This is because given that Universal in releasing in June. FOX maximizes its payoff by releasing in August and the same reasoning applies for Universal as well.

• Universal playing August and Fox playing June is equilibrium. This is because given that Universal is releasing in August, Fox maximizes its payoff by releasing in June and the same reasoning applies for universal as well.

b. The extensive form diagram is given below. The sub game perfect equilibrium is computed by backward induction. Fox chooses its action given what universal has decided. These actions are marked by the red arrows. Universal therefore faces the following payoffs:

- By playing June, Universal gets 8 and Fox gets 6

- By playing July, Universal gets 4 and Foxs gets 6

- By playing August, Universal gets 7 and Fox gets *

Thus, given the above information by backward induction, Universal will choose to release in June and then Fox will release in August leading to payoffs (8,6).

Universal would want this to happen because the subgame perfect equilibrium gets rid of the Nash equilibrium that generated lower payof for them. That is , the only SPE is giving payoffs (8,6) and (7,8). Since Universal prefers 8 over 7, it would want the game to be sequential

4 0

3 years ago

True or False: Credit card pull money directly from your checking account

timofeeve [1]

Answer:

FALSE

Explanation:

Credit card borrows money from your credit card company. But you have to pay back the money in some interest. Basically, "buy now, pay later". Debit card pulls money from your checking account.

8 0

3 years ago