Ride sharing is transformational innovation, according to the innovation matrix.
Uber and Lyft use transformational innovation
- Transformational innovation includes making discoveries and creating products for the market.
- Companies like Uber use credit and debit cards for reservations, a novel tactic.
- Such ideas were virtually unknown to markets in many nations.
- In some markets, it gave businesses like Uber a competitive edge.
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Answer:
B. L - B + D
Explanation:
There are three different shifts of operation, Lunch, breakfast and dinner. The liner programming constraint is that lunch total must be equal to the sum of other two shifts. The constraint equation is formed to identify the number of students need to be hired for each shift.
Answer:
The earnings per share for 2016 are $5.45 per share while the earnings per share for 2015 were $5.60 per share.
The earnings per share has fallen in 2016 as compared to 2015, thus there is an unfavorable trend.
Explanation:
Earning per share (EPS) is the amount of net income allocable to each share of common stock outstanding. It is a useful measure for investors as it tells them how much $ return a business in earning on every share of common stock. The earnings per share is calculated as follows,
Earnings per share = (Net Income - Preferred dividends) / Weighted average shares on common stock outstanding
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<u>The earnings per share for Dovetail is</u>
2015 EPS = (376000 - 40000) / 60000 = $5.60 per share
2016 EPS = (448750 - 40000) 75000 = $5.45 per share
Answer:
(a) The following points explain the application of the cost principle to plant assets.
1.Under the cost principle, the acquisition cost for a plant asset includes all expenditures necessary to acquire the asset and make it ready for its intended use.
2.Cost is measured by the cash paid in a cash transaction or by the cash equivalent price paid when non cash assets are used in payment.
3.The cash equivalent price is equal to the fair market value of the asset given up or the fair market value of the asset received, whichever is more clearly determinable.
(b) Following is the list of transactions and items to be debited.
1. Land
2. Factory Machine
3. Delivery Truck
4. Land Improvements
5. Delivery Truck
6. Factory Machine
7. Prepaid Insurance
8. License Expense
Explanation:
Answer:
The correct answer is option A.
Explanation:
The income effect refers to the change in the quantity demanded of a commodity due to change in the price level because, consumer's purchasing power changes as well.
When the price level increases, the real income of the consumer will fall. As a result, the consumer will demand less.
The income effect can be both direct and indirect.