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ANTONII [103]
3 years ago
13

Karl Jahaz Corp., an automobile company, has many business units across the globe. Although the company has reached saturation i

n the domestic market, it continues to generate substantial revenue by selling its old-model, light commercial vehicles in a few countries. In this case, which of the following is achieved by the globalization of the company?
a. Extension of product's life cycle
b. Deduction of production costs
c. Higher profits by lowering prices
d. Greater economies of scale
Business
1 answer:
poizon [28]3 years ago
5 0

Answer:

a. Extension of product's life cycle

Explanation:

Extension of the product life cycle means the strategies that are followed to increase the product life or its service prior go into the decline stage.

These strategies involved price change,  place, promotion, adding new attributes to the existing product, etc

So according to the given situation, the option a is correct

You might be interested in
The rule of 70 is a measure of how long it will take for prices to __________ at a given inflation rate.
swat32

Answer:

A. double

Explanation:

Rule 70 is used to calculate the numbers of years it takes for an investment  or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is  inflation  rate. It is calculated by dividing number 70 by inflation rate.

For example;

Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years

And if inflation is 2%, the prices will double in 70/2 = 35 years

8 0
3 years ago
Following are financial data from year-end financial statements of Portland Company for 2017, 2016 and 2015.
denpristay [2]

Answer:

Answers are calculated below

Explanation:

Financial ratios can be calculated according to their formulas. Both formulas and calculation are as follows

CURRENT RATIO

Current ratio = Current assets/current liabilities

Current ratio (2016) = $360,000/$250,000

Current ratio (2016) = 1.44

Current ratio (2017) = $450,000 / $300,000

Current ratio (2017) = 1.50

ACID RATIO

Acid ratio = (Current asset - inventory)/current liabilities

Acid ratio (2016) = (360,000 - 165,000)/250,000

Acid ratio (2016) = 0.78

Acid ratio (2017) = (450,000-225,000)/300,000

Acid ratio (2017) = 225,000/300,000

Acid ratio (2017) = 0.75

INVENTORY TURNOVER RATIO

Inventory turnover ratio = cost of good Sold / Average inventory

Inventory turnover ratio (2016) =  864,000/(360,000 ÷2)

Inventory turnover ratio (2016) = 864,000/180,000

Inventory turnover ratio (2016) = 4.80

Inventory turnover ratio (2017) = 1,023,750 / ( 390,000 ÷ 2)

Inventory turnover ratio (2017) = 1,023,750 / 195,000

Inventory turnover ratio (2017) = 5.25

DAYS SALE IN RECEIVABLE

Days sale in receivable = 365/Average receivable turnover ratio

Days sale in receivable (2016) = 365/ 12.67(w1)

Days sale in receivable (2016) = 28.81 days

Days sale in receivable (2017) =365/11.7(w1)

Days sale in receivable (2017) = 31.20 days

Working 1

Account receivable turnover ratio = Sales/ Average receivable

Account receivable turnover ratio (2016) = 1,752,000/138,288(w2)

Account receivable turnover ratio = 12.67 times

Account receivable turnover ratio (2017) = 1,642,500/140,351(w2)

Account receivable turnover ratio (2017) = 11.7 times

Working 2

Average receivable = (Opening + Closing) /2

Average receivable (2016) = (132,000 + 144,576) /2

Average receivable (2016) = 138,288

Average receivable (2017) = (144,576 +136,125 ) /2

Average receivable (2017) = 140,351

7 0
3 years ago
Choose the correct box of the best buy available.
salantis [7]
B.one loaf of bread free when you buy one at regular price of 68 cents per loaf
7 0
3 years ago
On January 1, 2020, Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets. The balance in Cracker
Sav [38]

Answer: $680,000

Explanation:

From the question, we are informed that Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets on January 1, 2020 and that the balance in Cracker's Equity Investment account was $820,000 at December 31, 2020.

We are further told that Dallas reported net income of $500,000 for the year ended December 31, 2020, and paid dividends totaling $150,000 during 2020.

The amount paid by Cracker Co. for its 40% interest in Dallas Corp goes thus:

It should be noted that the balance in Cracker's Equity Investment account as at December 31st 2020 is the addition of the acquisition price and the share in net income after which the dividend share is deducted from the value of the addition gotten. This can be written as:

Acquisition price + (500000 × 40%) -(150000 × 40%) = $820,000

Acquisition price + (500000 × 0.4) -(150000 × 0.4) = $820,000

Acquisition price + $200,000 - $60,000 = $820,000

Acquisition price = $820,000 + $60,000 - $200,000

Acquisition price = $680,000

Cracker Co. paid $680,000 for its 40% interest in Dallas Corp.

4 0
3 years ago
On January 1, Guillen Corporation had 95,000 shares of no-par common stock issued and outstanding. The stock has a stated value
Ivanshal [37]

Answer:

Date            Description                                    DR                   CR

June 15      Dividend expenses                      $120,000

                 Dividend Payable                                               120,000

July 10        Dividend Payable                         120,000

                   Cash                                                                  120,000

Dec 15        Dividend Expenses                     146, 400

                  Dividend payable                                           146,400

Explanation:

when dividend is declared and cash is yet to be paid, dividend expenses account will debited while dividend payable account will be credited.

when cash is paid for the dividend, dividend payable account will be credited while the cash account will be credited.

As at June 30, total number of shares outstanding = 95,000 + 25,000 = 120,000

As at December 31, the total number of outstanding shares =  95,000 + 25,000 + 2,000 = 122,000

6 0
3 years ago
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