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Zigmanuir [339]
3 years ago
8

3m is a master of the __________ pricing strategy. according to a 3m manager, "we hit fast, price high, and get the heck out whe

n the me-too products pour in."
a. penetration
b. cost-plus
c. roi
d. market-oriented
e. skimming
Business
1 answer:
Alex777 [14]3 years ago
5 0
E


I hope this helps and have a wonderful day filled with joy!!


<3
You might be interested in
Simon Company’s year-end balance sheets follow.At December 31 2017 2016 2015Assets Cash $ 36,335 $ 42,472 $ 42,524 Accounts rece
mina [271]

Answer:

(1) Debt Ratio in 2017 = 44.57%; Debt Ratio in 2016 = 39.33%; Equity Ratio in 2017 = 55.43%; and Equity Ratio in 2016 = 60.67%.

(2) Debt-To-Equity Ratio in 2017 = 80.42%; and Debt-To-Equity Ratio in 2016 = 64.83%.

(3) Times Interest Earned in 2017 = 4.71 times; and Times Interest Earned in 2016 = 4.22 times.

Explanation:

(1) Calculation of debt and equity ratios

Debt ratio is a ratio that is used to measure the ability of a company to pay off its liabilities with its assets. Debt ratio can be calculated using the following formula:

Debt Ratio = Total Debt / Total Assets

We can then calculate as follows:

Total debt = Accounts payable + Long-term notes payable secured by mortgages on plant assets

Total debt in 2017 = $159,605 + $120,505 = $280,110

Total debt in 2016 = $89,723 + $123,354 = $213,077

Total assets in 2017 = $628,417

Total assets in 2016 = $541,739

Debt Ratio in 2017 = $280,110 / $628,417 = 0.4457, or 44.57%

Debt Ratio in 2016 = $213,077 / $541,739 = 0.3933, or 39.33%

Equity ratio is a ratio that is used to measure the amount of assets of a company that are financed by the investments of the owners of the company. Equity ratio can be calculated using the following formula:

Equity Ratio = Total Equity / Total Assets

We can then calculate as follows:

Total equity = Common stock, $10 par value + Retained earnings

Total equity in 2017 = $162,500 + $185,807 = $348,307

Total equity in 2016 = $162,500 + $166,162 = $328,662

Equity Ratio in 2017 = 0.5543, or 55.43%

Equity Ratio in 2016 = 0.6067, or 60.67%

(2) Calculation of debt-to-equity ratio.

The debt-equity ratio provides the proportion of financing of a company that is contributed by creditors and investors. Debt-equity ratio can be calculated using the following formula:

Debt-To-Equity Ratio = Total Debt / Total Equity

Using the data in part (1) above, we can then calculate as follows:

Debt-To-Equity Ratio in 2017 = $280,110 / $348,307 = 0.8042, or 80.42%

Debt-To-Equity Ratio in 2016 = $213,077 / $328,662 = 0.6483, or 64.83%

(3) Calculation of times interest earned

The times interest earned ratio is a ratio that is used to determine the proportionate amount of income that that is required to cover interest expenses. The times interest earned ratio can be calculated using the following formula:

Times Interest Earned = Earnings before interest and tax (EBIT) / Interest expenses

We can then calculate as follows:

EBIT = Sales - Cost of goods sold - Other operating expenses

EBIT in 2017 = $816,942 - $498,335 - $253,252 = $65,355

EBIT in 2016 = $644,669 - $419,035 - $163,101 = $62,533

Interest expenses in 2017 = $13,888

Interest expenses in 2016 = $14,827

Times Interest Earned in 2017 = $65,355 / $13,888 = 4.71 times

Times Interest Earned in 2016 = $62,533 / $14,827 = 4.22 times

7 0
2 years ago
Consider three bonds with 5.50% coupon rates, all making annual coupon payments and all selling at face value. The short-term bo
Liono4ka [1.6K]

Answer:

a. $965.74

b. $939.11

Explanation:

In this question we use the Present value formula i.e shown in the attachment below:

1. Given that,  

Future value = $1,000

Rate of interest = 6.5%

NPER = 4 years

PMT = $1,000 × 5.5% = $55

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the price would be $965.74

2. Given that,  

Future value = $1,000

Rate of interest = 6.5%

NPER = 8 years

PMT = $1,000 × 5.5% = $55

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the price would be $939.11

6 0
3 years ago
Raspberry Company's actuary has computed its prior service cost to be $8,000,000. Raspberry amortizes the prior service cost by
Andrews [41]

Answer: $910,000

Explanation:

Pension expense is calculated by the formula:

= Prior Service cost  for the year+ Service cost + Interest cost - Expected return on plant assets

Prior Service cost = Prior service cost / Service life of active employees

= 8,000,000 / 20

= $400,000

Expected return on plan assets = Plan assets * Interest rate

= 1,500,000 * 10%

= $150,000

Pension expense = 400,000 + 560,000 + 100,000 - 150,000

= $910,000

3 0
3 years ago
Suppose a project financed via an issue of debt requires six annual interest payments of $20 million each year. If the tax rate
pochemuha

Answer:

$4,200,000

Explanation:

Given :

Annual interest payment = $20 million

Tax rate = 21%

Cost of debt = 6%

The value of the interest rate tax shield is given by :

The tax rate * annual interest payment

Tax rate = 21% = 21/100 = 0.21

Annual interest payment = $20,000,000

The value of interest rate tax shield = (0.21 * $20,000,000) = $4,200,000

5 0
2 years ago
Staples, an office supply chain, is an example of which type of organizational buyer?
iren2701 [21]

Answer: Reseller

A reseller is an organization that sources a variety of products from various producers, aggregates them under one roof and sells them to end users. A reseller usually doesn’t produce or add value to the products themselves.  

Staples is a reseller that stocks a variety of stationery under one roof. It was set up with an objective to make all kinds of office and stationery supplies easily available to the end users.


8 0
2 years ago
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