Answer:
a) $200
b) $3,000
c) $900
d) $50
Explanation:
The amount of each adjustment will be as follows
a) Business receives $2,000 on January 1 for 10-month service contract for the period January 1 through October 31.
Thus,
Monthly amount
= Total amount ÷ Duration from January 1 through October 31.
= $2,000 ÷ 10
= $200
b) Total salary for all employees is $3,000 per month. Employees are paid on the 1st and 15th of the month.
since the salary is paid per month it will be remain $3,000 after adjusting
c) The bill for the customer for the month is $900
d) The interest payable will remain same as $50 is paid each month
Answer:
C) A firm's products are introduced into the market faster than its competitors' products.
Explanation:
Quick response refers to shorten the delivery time of products and services to meet the need of customers at the right moment. This is a way to survive the competition and increase the customer satisfaction. According to this, an example of competing on quick response wil be that a firm's products are introduced into the market faster than its competitors' products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage by being first.
The use of technological advances can be a great help to Sarah and Stephanie in making their business as orderly and as organised as possible. Therefore, they must invest in a software program that could do the job for them. This could significantly lessen their work on managing their business.
Answer:
The answer is $56.68
Explanation:
Solution
We recall that:
The firm paid a dividend of =$7.80
The projected growth of dividends is at a rate = 9.0%
The annual return = 24.0%
Now,
V = ($7.80 * (1.09)/(.24 - 0.9)
= (8.502)/(.24-0.9)
= (8.502) * (-0.66)
= $56.68
Therefore, this would be the most we would pay for the stock. If we paid less than that, our return would be above the 24%.
Answer:
c. skimming pricing
Explanation:
Based on the information provided within the question it can be said that in this scenario Xerox was using a skimming pricing strategy to help recover the cost of its research and development. This is a pricing strategy in which the company places a really high initial price for it's new product, but then goes lowering the price as time passes. This also makes individuals believe that they are getting a bargain when prices begin to drop and decide to buy more.
