The answer that best complete the blank provided above is the term CANNIBALIZATION. Product cannibalization happens when a new product that is being introduced by the same producer, eats up the sales of the other products that exist in the same market resulting in the decrease of the overall sales.
Answer:
The accounts identified to be adjusted are Smith's Common Stock and Smith's Preferred Stock.
The amount to be recorded is $ 1,200,000 and $ 124,000 respectively.
Explanation:
from the information:
$ 1,200,000 for Investment in Smith's Common Stock and $ 124,000 for Investment in Smith's Preferred Stock.
The investment account includes the fair value of Consideration in form of the fair value of both types of stocks, common stock and preferred stock.
Answer:
if i was u i would dived and split it into 2rolls to help me
Explanation:
i would do it but i kinda dont have time right now i hope this helps u "WHOLE LOTTA LOVE'
<span>Answer : 13.19 %
Explanation: Convert the Effective Annual Return EAR to Annual Percentage rate as shown below:
EAR = [1 + (APR / n )]^ n â’ 1
APR = n [(1 + EAR)^ 1/ n â’ 1
where n= number of days in a year. Let us take it as 365, since daily compounding
given EAR =14.1% per year
so 365 *(1.141)^(1/365) = 13.19%</span>
Answer:
Option (B) is correct.
Explanation:
Given that,
Selling price of a product = $140 per textbook
Variable expenses = $25 per book
Books sold per year = 6,000 books (It is the break even point)
The break even point indicates that there is no profit or loss incurred at the sales.
This means that the sales revenue is equal to the total cost incurred to produced these goods.
Sales per unit - Variable cost per unit - Fixed costs per unit = 0
$140 - $25 - Fixed costs = 0
$115 = Fixed costs per unit
Therefore, the total amount of fixed cost is calculated as follows:
= Fixed cost per unit × Number of books sold
= $115 × 6,000
= $690,000