Answer:
1. B&G, Inc. is:
c. S-corporation
2. The feature that does not belong to this type of corporation is:
b. Management flexibility
3. The type of organization that Kevin was considering switching to is:
d. Not-for-profit corporation.
Explanation:
B&G is an S corporation, known as an S subchapter (according to the relevant IRS Code). As an S corporation, B&G is a type of corporation that enjoys a special tax status with the IRS, with some tax advantages for its shareholders. This implies that B&G is taxed as a partnership and not as a C corporation. In this instance, Kevin was considering switching to a not-for-profit corporation, which B&G is not.
Answer: you are preparing a map that shows consumer perceptions of the company's brands versus the competitions products
Explanation:
Positioning is the perception of a product in the consumer's minds in relation to its competing product. The positioning map is therefore a graphical device that is used to study and analyse the perceptions or positions of each of a group of competing products with respect of two particular product characteristic.
If someone is asked to prepare a positioning map, the individual needs to prepare a map that shows the consumer perceptions of the company's brands in relation to the competitions products.
Answer:
$3,006,000
Explanation:
The computation of cost of goods manufactured is shown below:-
Cost of Goods Manufactured = Gross Manufacturing Cost + Opening Work in progress - Closing work in progress
= $3,000,000 + $18,000 - $12,000
= $3,006,000
Therefore for computing the cost of goods manufactured we have applied the above formulas and ignore all other values as they are not relevant.