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77julia77 [94]
3 years ago
9

To urban-dwelling, educated tech-savvy consumers, when they use Zipcar, car-sharing service, instead of owning a car, they save

money while reducing their carbon footprint. What is effective about this position statement?
Business
1 answer:
myrzilka [38]3 years ago
3 0

Answer: It addresses all five key elements of an effective position statement.

Explanation:

In this scenario, the most effective thing about this position statement is that it addresses all the five key elements of an effective position statement.

The target market is identified, the category of customers which are the prospective customers is identified as well. The company's differentiators as well as the mission and vision is also in effect.

You might be interested in
Presented below is information related to Ricky Henderson Company.
myrzilka [38]

The ending inventory using conventional retail inventory method is $170,100.

Ricky Henderson Company Ending inventory

                                          Cost                                         Retail

Beginning inventory       $200,000                                 $280,000

Add Purchases                <u>$1,375,000</u>                              <u> $2,140,000</u>

Total                                 $1,575,000                              $2,420,000                                                    

Markups                                                      $95,000

Markup cancellations                                (<u>$15,000)</u>

Net markup                                                                          <u>$80,000</u>

($95,000-$15,000)

Total                                 $1,575,000                                 $2,500,000

($2,420,000+$80,000=$2,500,000)

Markdowns                                                     $35,000

Markdown cancellations                               <u> ($5,000) </u>  

Net markdown                                                                       <u> ($30,000)</u>

($35,000-$5,000)

Sales price of goods available                                             $2,470,000

($2,500,000-$30,000)

Less Sales revenue                                                               (<u>$2,200,000)</u>

Ending inventory at retail                                                      $270,000    

($2,470,000-$2,200,000)     

Second step is to calculate the Cost-to-retail ratio using this formula

Cost-to-retail ratio=Cost of goods sold available/Retail price of goods available+ Net markup

Let plug in the formula

Cost-to-retail ratio=$1,575,000/($2,420,000+$80,000)

Cost-to-retail ratio=$1,575,000/$2,500,000

Cost-to-retail ratio=0.63

Third step is to calculate the ending inventory at cost (lower of cost or market) using this formula

Ending Inventory at cost =Cost-to-retail ratio× Ending inventory at retail

Let plug in the formula

Ending Inventory at cost=0.63×$270,000

Ending Inventory at cost =$170,100

Inconclusion the ending inventory using conventional retail inventory method is $170,100.

Learn more here:brainly.com/question/15776072

7 0
3 years ago
A house is being appraised using the sales comparison approach. The house has three bedrooms, two bathrooms, and a patio. The ap
Nadusha1986 [10]

Answer:

$192,000

Explanation:

Data provided in the question:

Value of the house with three bedrooms, 2.5 bathrooms, and no patio = $200,000

Value of half bath = $10,000

Value of patio = $2,000

Now,

The comparable house has 0.5 bath less and 1 patio

Therefore,

While calculating the adjusted value of the comparable value of half bath will be deducted and value of patio will be added

Thus,

The adjusted value of the comparable = $200,000 - $10,000 + $2,000

= $192,000

4 0
4 years ago
Create a crows foot erd using a specialization hierarchy if appropriate. Granite sales company keeps information on its employee
levacccp [35]

Answer:

Check the explanation

Explanation:

From the below attached image Crow Foot Notation, the relationship between Super class and Sub class is shown clearly, i.e

Employee is super class, and the different types of employees are represented by specialization of three types, there are Salary, Hourly and Contract based. Again the Salary based employee is super class of Sales Employee, representing partially participation.

From the below attached image notation, "d" represents distinct i.e distinct employees of type Salary, Hourly and contract.

And "O" represents, Overlapped, means same object is aggregating two specific outcomes which are overlapped.

They are Salary based and Sale wages based employee.

7 0
3 years ago
In 2018, a marketing manager for New Balance’s Minimus golf shoe needs to forecast sales through 2020. She begins with the known
aliya0001 [1]

Answer:

lost-horse forecasting.

Explanation:

Lost - horse forecast -

It is the method , which involves using the last known value for the item being foretasted , thereby , first listing and to determine the negative or positive impact , and then going to the final decision , is known as the lost - horse forecasting .

Hence ,

From the question , the type of forecast given is the lost - horse forecasting .

3 0
4 years ago
You can buy property today for $2.1 million and sell it in 6 years for $3.1 million. A. If the interest rate is 11%, what is the
Katyanochek1 [597]

Answer:

Present value of sales price =  465,395.16

Present Value of future cash flow=  465,359.16  

Explanation:

The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.

The present value of a lump sum can be worked out as follows:

PV = FV × (1+r)^(-n)

Present Value of sales price= 3.1 × 1.11^(-6) =1.65739

Present Value=165,738.65

Present Value of an annuity of 110,000 for 6 years:

PV = A × 1- ( (1+r)^(-n))/r

PV = 110,000× (1-1.11^(-6))/0.11= 465,359.16  

PV =  465,359.16  

5 0
3 years ago
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