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Flura [38]
3 years ago
12

George and Miguel are considering opening up a shoe store but first need to do market research. Which one of these is NOT part o

f the market research process?
Business
2 answers:
zaharov [31]3 years ago
7 0

D, Draw conclusions and make decisions for their business based on the research results.

mamaluj [8]3 years ago
5 0
Is this multiple choice, where are the answers to choose from?
You might be interested in
An initial decreasedecrease in a​ bank's reserves will decreasedecrease checkable deposits A. by an amount less than the decreas
svlad2 [7]

Answer:

The correct answer is B

Explanation:

Bank reserve is the minimum cash which is required to kept on hand through the financial institutions so that could meet the requirements of central bank.

Checkable deposits is a kind of any demand deposit account in anticipation of the checks or the drafts in any form which will be written. In short, it means that the owner of the account could withdraw funds on demand.

So, if the primary decrease in bank reserve will also decrease the checkable deposit as there would be no cash with bank to provide to customers by the amount that is greater than the decrease in the reserve.

8 0
2 years ago
Select the items that describe perfect competition.
MA_775_DIABLO [31]
C) open entry and exit.
4 0
2 years ago
The following balance sheet for the Hubbard Corporation was prepared by the company:
crimeas [40]

Answer:

    HUBBARD CORPORATION

             Balance Sheet

        At December 31, 2021

<u>Assets</u>

Current assets:

Cash $63,000

Accounts receivable (net) $126,000

Inventory $163,000

Short term investments - AFS securities $23,000

Total current assets: $375,000

Investment in equity securities $43,000

Patent (net) $103,000

Machinery $283,000

Assets Buildings $753,000

Accumulated depreciation ($258,000)

Land $186,000

<u>Total assets $1,485,000 </u>

<u>Liabilities and Shareholders' Equity</u>

Current liabilities:

Accounts payable $218,000

Current portion of long term debt $32,500

Total current liabilities: $250,500

Notes payable 473,500

Common stock (authorized and issued 103,000 shares of no par stock) $412,000

Retained earnings $349,000

<u>Total liabilities and shareholders' equity $1,485,000</u>

Explanation:

1. The buildings, land, and machinery are all stated at cost except for a parcel of land that the company is holding for future sale. The land originally cost $53,000 but, due to a significant increase in market value, is listed at $126,000. The increase in the land account was credited to retained earnings.

Dr Retained earnings 73,000

    Cr Land 73,000

Assets must be reported at historical cost.

2. The investment in equity securities account consists of stocks of other corporations and are recorded at cost, $23,000 of which will be sold in the coming year. The remainder will be held indefinitely.

Dr Short term investments - AFS securities 23,000

    Cr Investment in securities 23,000

It doesn't change the value of the assets, it just organizes them properly.

3. Notes payable are all long term. However, a $130,000 note requires an installment payment of $32,500 due in the coming year.

Dr Notes payable 32,500

    Cr Current portion of long term debt 32,500

4. Inventory is recorded at current resale value. The original cost of the inventory is $163,000.

Dr Inventory change 83,000

    Cr Inventory 83,000

Inventory must be recorded at lesser of cost or market value.

3 0
2 years ago
Debby’s Dance Studios is considering the purchase of new sound equipment that will enhance the popularity of its aerobics dancin
Inessa05 [86]

Answer:

Cash Flow        Probability          Expected value

$3,840                    0.4                   $1,536

$5,280                    0.2                    $1,056

$8,110                      0.3                    $2,433

<u>$10,370                   0.1                    $1,307</u>

total                           1                    $6,332

a) the expected value of each yearly cash flow is $6,332

b) the present value of the expected cash flows = $6,332 x 3.5172 (PV annuity factor, 13%, 5 periods) = $22,270.91 ≈ $22,271

the NPV = -$24,500 + $22,271 = -$2,229

c) Debby should not buy the equipment since the project's NPV is negative.

4 0
3 years ago
Cane Company manufactures two products called Alpha and Beta that sell for $130 and $90, respectively. Each product uses only on
lyudmila [28]

Answer:

Explanation:

a. Raw material needed to make one unit

Alpha = 25/5 = 5 Pound

beta = 10/5 = 2 Pound

b.  Contribution margin per pound

                                                                         Alpha Beta

Selling price                                                   130 90

Direct material                                            25 10

Direct labor                                                    22 21

Variable manufacturing overhead              17 7

Variable selling expenses                              14 10

Contribution margin per unit                     52 42

pound per unit                                               5 2

Contribution pound per pound                   10.4 21

c. product mix

Pound Unit

Beta 62000*2 = 124000 62000

Alpha 38000 38000/5 = 7600

Total 162000  

d.  Maximum contribution margin = (62000*42+7600*52) = $2999200

e.  Highest price = 10.4+5 = 15.40 per pound

7 0
3 years ago
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