Can someone go check out my recent question because i need help

vazorg [7]

Answer:

b. uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.

Explanation:

Resources refers to competitive and valuable assets, organizational processes, capabilities, information, attributes, and knowledge that are acquired, owned and controlled by an organization. These resources are classified into two (2) main categories;

1. Tangible resources: these are physical assets such as equipments, financial assets, plants, raw materials, inventory etc that are owned and controlled by an organization.

2. Intangible resources: these are assets that are abstract in nature such as knowledge, customer loyalty, skills, experience, stakeholders, patent, culture, buyer recognition etc.

Hence, a resource-based strategy uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching. This ultimately implies that, resource-based strategy avails a company the ability or opportunity to use their tangible and intangible assets to provide finished goods and services to meet the needs or wants of customers, as well as creating a competitive advantage over rivals in the same industry.

5 0

3 years ago

Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its accounting period, December 31, Year 1

Nataliya [291]

Answer:

The net income for Year 2 is $ 114,482

Explanation:

Accounting Equation is used in order to calculate the closing capital figure of Year 1 and Year 2:

Assets=Liabilities + Equity.

we can rearrange the formula as Assets-Liabilities = Equity

So in Year 1. the closing capital is: $910,049-$274,794 = $635,255.
In Year 2. the closing capital is : $988,160-$234,792 = $ 753,368

Now we can construct an equation to drive net income of year to by means of balancing figure:

Opening capital year 1: $635,255

+ Additional Capital in Year 2: $28,651

-Drawing in year 2: $(25,020)

Net Income(Balancing figure) <u>$114,482</u>

Closing Capital Year 2: $ 753,368

7 0

3 years ago

Read 2 more answers

Strickland Company owes $200,000 plus $18,000 of accrued interest to Moran State Bank. The debt is a 10-year, 10% note. During 2

nika2105 [10]

Answer:

A. Strickland Company (DEBTOR)

Dr Note Payable200,000

Dr Interest Payable18,000

Dr Accumulated Depreciation-Machine221,000

Cr Machine390,000

Cr Gain on Disposition of Machine 11,000

Cr Gain on Debt Restructuring 38,000

Moran State Bank (CREDITOR)

Dr Machine180,000

Dr Allowance for Doubtful Accounts38,000

Cr Note Receivable200,000

Cr Interest Receivable18,000

B. Based on the information given they should report both the gain or loss on the disposition of machine as well as on restructuring of debt as ordinary gain in its 2017 income statement

C. Strickland Company (DEBTOR)

Dr Note Payable200,000

Dr Interest Payable18,000

Cr Common Stock150,000

Cr Additional Paid-in Capital 30,000

Cr Gain on Debt Restructuring38,000

Moran State Bank (CREDITOR )

Dr Investment 180,000

Dr Allowance for Doubtful Accounts38,000

Cr Note Receivable200,000

Cr Interest Receivable18,000

Explanation:

(a)Preparation of the journal entries .

Strickland Company (DEBTOR)

Dr Note Payable200,000

Dr Interest Payable18,000

Dr Accumulated Depreciation-Machine221,000

Cr Machine390,000

Cr Gain on Disposition of Machine 11,000

[$180,000 – ($390,000 – $221,000) ]

Cr Gain on Debt Restructuring 38,000

[($200,000 + $18,000) – $180,000]

Moran State Bank (CREDITOR)

Dr Machine180,000

Dr Allowance for Doubtful Accounts38,000

Cr Note Receivable200,000

Cr Interest Receivable18,000

(b) Based on the information given they should report both the gain or loss on the disposition of machine as well as on restructuring of debt as ordinary gain in its 2017 income statement

(c)Preparation of the entries to record the transaction for both parties.

Strickland Company (DEBTOR)

Dr Note Payable200,000

Dr Interest Payable18,000

Cr Common Stock150,000

Cr Additional Paid-in Capital 30,000

Cr Gain on Debt Restructuring38,000

[($200,000 + $18,000) – $180,000]

Moran State Bank (CREDITOR )

Dr Investment 180,000

Dr Allowance for Doubtful Accounts38,000

[($200,000 + $18,000) – $180,000]

Cr Note Receivable200,000

Cr Interest Receivable18,000

7 0

4 years ago

Verma, Inc. sells office furniture. In 2021, it sold 200 desks for $500 each. For each desk sold, Verma distributed a 50% discou

Effectus [21]

Answer:

$12

Explanation:

The standalone price is the price at which the seller (Verma) would sell its products or services (discount coupon) separately to other customers.

to determine the standalone price of the discount coupon we must multiply the change in discount by the expected use of the coupons:

change in discount = $150 x (50% - 10%) = $150 x 40% = $60
expected use = 20%

= $60 x 20% = $12

3 0

3 years ago

Managerial economics can be applied to the non-profit organizations too. Justify this statement?

DIA [1.3K]

Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.

Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

<h3>What is Managerial economics?</h3>

Managerial economics is an area of economics that is used for staffing, as well as controlling the resources of the organization.

With Managerial economics , one can carry out:

planning
directing
organizing

In this case, Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

Learn more about Managerial economics at:

brainly.com/question/15050855

#SPJ1

8 0

2 years ago