Complementary and substitute goods

san4es73 [151]

Answer:

opening message: "Thank you for all your hard work and dedication with your position. "

Explanation:

employers dont desire a "high- turnover" rate with employees. especially people who do the job well after so many years. they want dependable staff that are knowledgeable in their department. Insults get an employer nowhere. a company spends valuable funds training new employees.

employees that quit after on the job training, costs a company more $ in profit funds then any other department.

6 0

3 years ago

Explain the disadvantage of accounting

JulsSmile [24]

Not Guarantee of accuracy: Accounting recorded all the financial transactions with the past value. ...
Real Value of items: The financial account does not show the real value of assets. ...
Accounting Ignores Qualitative Element: It recorded all the financial transaction which are in the monetary form.

4 0

3 years ago

Read 2 more answers

Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record

nadya68 [22]

Answer:

1) loss at disposal 68,000 debit

accumulated depreciation 182,000 debit

milling machine 250,000 credit

2) loss at disposal 33,000 debit

cash 35,000 debit

accumulated depreciation 182,000 debit

milling machine 250,000 credit

3)

cash 68,000 debit

accumulated depreciation 182,000 debit

milling machine 250,000 credit

4) cash 80,000 debit

accumulated depreciation 182,000 debit

gain at disposal 12,000 credit

milling machine 250,000 credit

Explanation:

the book value is the same for all alternatives:

cost - accumualted depreciation

250,000 - 182,000 = 68,000 net book value

1) as there is no salvage value all the book alue is considered loss at disposal

from #2 to #4 we recieve cash for the milling machine to determinate the loss/gain we need to do as follows:

proceeds less book value = result (gain if positive loss if negative)

2) 35,000 - 68,000 = -33,000

3) 68,000 - 68,000 = 0

4) 80,000 - 68,000 = 12,000

8 0

3 years ago

1. Think about all of the many products you can purchase today. Identify one product that currently represents each phase of the

olganol [36]

Answer:

Answered

Explanation:

We can take a Andriod smartphone as one of the product. Definitely, each unique smartphones including both the high and low-end products represent the four distinct stages of product life cycle. The nature of competition, price, distribution and promotion can be differentiated well among different stages of the life cycle.

As far a competition is concerned, at the introduction phase, the competition will be too high. For the high-end phone coming with unique features (i.e. unique value to the customer) will face less severe competition at this time. As the growth phase comes, the uniqueness will disappear as others will also come out with similar features in their features. As a result, the competition will intensify and will reach the maximum at the maturity of the product.

The pricing strategy at different stages will depend upon the generic strategy of the company. At the introduction stage, if the company is having a differentiation strategy, it usually goes for a premium price. Others, having cost leadership strategy will go for low price. Sometimes the low price is kept initially at a very thin or zero margins just to capture the market share. However, for smartphones, this is very difficult. As competition intensifies in growth and maturity, the price falls. This is the fate generally with most of the Andriod smartphones as their features are not inimitable. Huge discounts in price can be observed for smartphones at their decline phase due to obsolescence of technology.

It has become a trend nowadays to initially distribute the smartphones through an online retail partner where the smartphone manufacturer gives an exclusive right to the retail partner to sell the initial lots. The retailer first books the order and then does the transaction. As the product gets publicity and attains its growth, it is sold in other places such as company outlets, bricks-and-mortar retailers, supermarkets, eStores etc. up to the maturity and decline phase.

As in distribution, the promotion becomes huge by the online retail partner at the introduction phase. The smartphone manufacturer also uses direct marketing, imagery, and social media marketing as primary tools at this phase.

5 0

3 years ago

Kim Inc. is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Old E

Ulleksa [173]

Answer:

Kim Inc.

The net advantage (disadvantage) of replacing the old equipment with the new equipment is:

= $7,500.

Explanation:

a) Data and Calculations:

Old Equipment New Equipment

Purchase price $262,500 $450,000

Accumulated depreciation 95,000 0

Annual operating costs 300,000 245,000

Total operating costs for 10 years 3,000,000 2,450,000

Salvage 92,500 0

Total incremental cost $2,907,500 $2,900,000

b) The net advantage obtained by Kim for replacing the old equipment with the new equipment is $7,500 ($2,907,500 - $2,900,000). Note that the purchase price of the old equipment with its accumulated depreciation are not relevant costs. This case is worked out without taking into account the time value of money. Assuming that the present value of the cash flows was computed, a different result and conclusion would be reached.

4 0

3 years ago