Answer:
D) Concentrated Targeting
Explanation:
As Favorite Memories is a small company that specializes in serving women over the age of 50 who are special occasion gift shoppers overlooked by major competitors. They are using concentrated targeting very well and effectively. This is a marketing strategy where we target one particular segment which has been ignored and overlooked by the competitors.
This strategy is mostly used by the small companies because they do not have much resources in order to compete at all fronts with the competitors. This strategy e helps small companies in developing their distinct and specialized niche market. Companies try finding the gap in the market and then a whole new market is established in that gap.
Answer:
A. Conventional.
Explanation:
Conventional arbitration is the methodology where both the parties (employers and unions) set forward their ideas before the arbitrator. The arbitrator dissects the offers and arrives at a resolution. Under conventional arbitration, it is required for the two parties to acknowledge the arrangement gave by the arbitrator.
Answer:
b. $4.00 per labor-hour
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = Estimated overhead ÷ Estimated labor hours
= $300,000 ÷ 75,000 labor hours
= $4.00 per hour
By dividing the estimated overhead by the estimated labor hours we can find out the predetermined overhead rate and we did the same in the above calculation
Answer:
It implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Note: The correct answer is as stated above it is not included in the option. Kindly confirm the options again from your teacher.
Explanation:
Accounts payable refers to the amount of money a firm is owing its suppliers.
Account payable is one of the component of the current liabilities in the balance sheet, and non-cash current liability item that is adjusted for in the cash flow statement to arrive at net cash from operating activities when an indirect method is being used.
Since accounts payable is the amount of money a firm is owing its suppliers, a negative a NEGATIVE adjustment to its implies that company has paid its supplier the negative amount in the accounting period.
Therefore, a NEGATIVE adjustment of $5000 related to Accounts Payable implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Answer:
$59,309
Explanation:
Years Cash flow PV Factor at 10% Present value of cash flows
0 225,000 1.00000 225,000
1 75,000 0.90909 68,182
2 75,000 0.82645 61,983
3 75,000 0.75131 56,349
4 75,000 0.68301 51,226
5 75,000 0.62092 <u>46,569</u>
Benefit of remodeling project <u>$59,309</u>
Note: Year 0 PV factor = 1/(1+10%)^0 = 1
