Some policies favor businesses, A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing a competitive advantage.
<h3>What is competitive advantage?</h3>
Competitive advantage is factors that allow a company or industry to produce goods and services better, expand or produce more cheaply than its rivals.
A nation's competitiveness in business depends on the capacity of the industry to innovate and upgrade.
Therefore, a firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing competitive advantage.
Learn more on competitive advantage here,
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Answer: Rooney should accept as there is a chance to make a profit of $53,580
Explanation:
Rooney has the capacity to build the additional slabs so can do so without stopping other orders.
Revenue should Rooney accept project:
= 47 * 2,510
= $117,970
Cost should Rooney accept project:
= (870 * 47) + (500 * 47)
= $64,390
Total profit:
= 117,970 - 64,390
= $53,580
<em>Rooney should accept as there is a chance to make a profit of $53,580</em>
Answer:
The answer of the exercise is attached in the microsoft excel document.
Explanation:
There are two images attached. The first one has the answers, and the second one have the operations displayed and necessary to obtain the results demanded.
Answer:
9.17%
Explanation:
Because this is perpetual preferred stock, there’re no tenor fixed but last forever until the company closes/ broken.
Thus the required rate of return is simply calculated as below:
Rate = dividend/ stock price = $2.75/ $30 = 9.17%
Answer:
$1,520
Explanation:
Given that,
Accounts Receivable balance = $63,400
Allowance for Doubtful Accounts balance = $1,300
Services provided on account during year 2 = $152,000
Cash collected from accounts receivables = $161,300
Estimated Uncollectible accounts = 1% of sales on account
Therefore, the amount of uncollectible accounts expense during the year 2 is the 1 percent of the amount of services provided on account to a customer.
Hence, the amount of uncollectible accounts expense recognized on the Year 2 income statement is calculated as follows:
= Services provided on account × Estimated Uncollectible accounts
= $152,000 × 1%
= $1,520
