All categories

3 years ago

when rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of:

Business

1 answer:

Kryger [21]3 years ago

5 0

Answer:

Slow industry growth

Explanation:

Slow industry growth is the growth that shows the industry at a slow rate or no growth is there.

It could arise when the consumer does not opt for a high demand

In the given situation, it is mentioned that when competitive firms aggressively trying to attract the customers of competitors so this is an indication of the slow economic growth and hence, the same is to be considered

You might be interested in

UA Hamburger Hamlet (UAHH) places a daily order for its high-volume items (hamburger patties, buns, milk, and so on). UAHH count

Assoli18 [71]

Answer:

730 items

Explanation:

The objective of the given information is to determine the number of hamburgers UAHH should order for the following conditions:

Average daily demand 600

Standard deviation of demand 100

Desired service probability 99%

Hamburger inventory 800

The formula for a given order quantity in a fixed period of time can be expressed as :

$q = \overline d(L+T)+ z \sigma_{L+T}-I$

where;

$q$ = order quantity = ???

$\overline d$ = daily demand average = 600

L = lead time in days = 1

T = time taken = 1

z = no of standard deviation = ???

$\sigma_{L+T}$ = standard deviation of usage in lead time and time taken = ???

I = present inventory level = 800

$\sigma_{L+T}$ = $\sqrt 2$ × standard deviation of daily demand

$\sigma_{L+T}$ = $\sqrt{2} *100$

$\sigma_{L+T}$ = 1.4142 * 100

$\sigma_{L+T}$ = 141.42 items

From the Desired service probability 99% = 0.99; we can deduce the no of standard deviation by using the excel function (=NORMSINV (0.99))

z = 2.33

From $q = \overline d(L+T)+ z \sigma_{L+T}-I$

$q =600(1+1)+ 2.33*(141.42)-800$

$q =600(2)+ 2.33*(141.42)-800$

$q =1200+329.5086-800$

q = 729.5086 items

q ≅ 730 items

Therefore; the number of hamburgers UAHH should order from the following given conditions = 730 items

6 0

3 years ago

Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and

Karo-lina-s [1.5K]

Answer:

Bond interest expense = $2,290

so correct option is b. $2,290

Explanation:

given data

Bond issued = $50,000

Interest rate = 10%

interest semi-annually = 5%

time period = 5 year

to find out

amount of bond interest expense

solution

we get first Cash interest payment that is here

Cash interest payment = $50,000 × 5%

Cash interest payment = $2,500 ....................1

and Bond premium will be

Bond premium = $52,100 – $50,000

Bond premium = $2,100 .......................2

we know interest paid semi annually so time period will be = 10

so Amortization of bond premium will be here as

Amortization of bond premium = $\frac{2100}{10}$

Amortization of bond premium = $210 .................3

so Bond interest expense will be calculate as

Bond interest expense = Cash interest payment - Amortization of bond premium .......................4

put here value

Bond interest expense = $2,500 - $210

Bond interest expense = $2,290

so correct option is b. $2,290

8 0

4 years ago

Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus

Usimov [2.4K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimated:

Overhead $160,000

Direct labor hours 80,000

Han uses normal costing and applies overhead based on direct labor hours.

For January, direct labor hours were 8,150.

By the end of the year, Han showed the following actual amounts:

Overhead $166,000

Direct labor hours 79,600

Assume that the unadjusted Cost of Goods Sold for Han was $176,000.

1) Predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

Predetermined overhead rate=160000/80000= $2 per hour

2) Applied overhead (January)= Predetermined overhead rate*actual hours= 2*8150= $16,300

3) Applied overhead for the year= 2*79600= $159,200

Over/under applied= actual overhead - applied overhead= 166000 - 159200= 6800 underapplied

4) COGS= 176000

Underapplied overhead= 6800

COGS adjusted= $182,800

3 0

3 years ago

Watson consulting, llc is a consultancy to consultants. They have bonds which have a face value of $1,000. The bonds carry a 3.5

Montano1993 [528]

Answer:

The current market price is $ 883.08

Explanation:

The current market price can be ascertained using the pv excel function as follows:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity which is 5%/2

nper is the number of semiannual coupons in the bond i.e 10*2=20

pmt is the semiannual coupon=3.5%*1/2*$1000=$17.5

fv is the face value of the bond

=-pv(5%/2,20,17.5,1000)=$ 883.08

3 0

3 years ago

Maddy has been performing at a very high level at a firm, and so when two of her colleagues who are currently leading other deve

tatuchka [14]

<span>The second team is currently in the requirements phase of their project. In this phase, the team would plan and spell out exactly what is required of the system that they are constructing. This phase comes with heavy input from stakeholders who help define the scope and nature of the project.</span>

5 0

3 years ago