1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
3 years ago
15

Bison Autos and Sparrow Co. are automobile manufacturers that both incur $9,000 to manufacture a vehicle. Recent numbers indicat

e that the economic value created by Sparrow Co. is significantly higher than that created by Bison Autos.What does this difference indicate?
Business
1 answer:
barxatty [35]3 years ago
8 0

Answer:

Sparrow Co's automobiles are premium brands that command premium prices

Explanation:

The fact that both automobile makers incurs the same cost of $9,000 is just one of many factors to consider because the processes involved in manufacturing are not necessarily the same.

Besides,the level of workforce efficiency and the state of technology deployed are not necessarily the same.

It could also be that Sparrow Co. was able to achieve same level of cost with Bison Autos because it adopted modern cost reductions techniques such as Just-In Time which eliminates the need to keep inventory, thereby  eliminating excessive costs of holding inventory.

All in all,Sparrow Co,could project itself as a maker of high-end brands and increase prices as appropriate.

You might be interested in
A firm that is considering purchasing a capital budgeting project with a beta coefficient greater than the firm's current beta c
Mariana [72]

Answer:

True

Explanation:

5 0
3 years ago
To maintain public confidence and trust in the financial reporting of companies is the purpose of
irakobra [83]

Answer:

The answer is: the Sarbanes-Oxley Act of 2002

Explanation:

The Sarbanes-Oxley Act (SOX) was elaborated in response to several high profile corporate scandals involving multinational corporations. The most infamous scandal involved Enron Corporation and Arthur Andersen LLP (one of the five largest accounting corporations in the world).

The SOX set new requirements for all publicly traded corporations (especially their upper management) an public accounting firms. Only some parts of the SOX apply to private companies.

8 0
3 years ago
What is a success for a coffe shop
Snowcat [4.5K]
Good coffee and a friendly environment. Having a run down shop for your coffee shops not very welcoming nor kid and adult friendly. <span />
4 0
3 years ago
Read 2 more answers
An individual's ecological footprint is equivalent to the:
makkiz [27]

Answer: option D is correct

Explanation:

This is the biologically productive land that can sustain the individuals activities. It takes into account resources needed to produce goods and clean up it's waste.

7 0
3 years ago
What is the first step in applying for financial aid?
mamaluj [8]
Fill out the FAFSA. You must complete the FAFSA (Free Application for Federal Student Aid) to qualify for: Federal and most state grants, scholarships, low-cost student loans, and work-study programs<span>. The Pennsylvania State Grant Program and other state programs.

please mark me brainliest</span>
3 0
3 years ago
Other questions:
  • A manufacturing company applies factory overhead based on direct labor hours. at the beginning of the year, it estimated that fa
    9·1 answer
  • Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
    13·1 answer
  • Companies transmit over the internet because the internet ________.
    11·1 answer
  • ) suppose that currency in circulation is $600 billion, the amount of checkable deposits is $900 billion, and excess reserves ar
    5·2 answers
  • The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates
    9·1 answer
  • Marty's, a clothing company, has a number of outlets that are owned and managed by private individuals. These outlets are allowe
    15·2 answers
  • What's microeconomy​
    14·1 answer
  • Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable cost
    6·1 answer
  • List the steps of the basic problem-solving procedure
    5·1 answer
  • Y he half glasses???
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!