Answer: (C) Differentiation strategy
Explanation:
The differentiation strategy is one of the type of business strategical approach that helps in developing the various types of distinctive products and the services in the market.
The main objective of the differentiation strategy is to attract the consumers or customers by offering them some different and effective products in the competitive market.
According to the given question, the Monteleone company is basically paying the high fees for the purpose of promoting the luxuries and the products in the market.
Therefore, the Monteleone company is basically following the differentiation strategy.
<span>While tqm has several goals, six sigma is about: Reducing defects
TQM method is mainly used to keep any potential error during the manufacturing process to the bare minimum by planning multi steps of check up throughout the entire manufacturing process and eliminating existing failed products.
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Amortization is a method applied to periodically lower the book value of an intangible asset over a specified period of time. After one year of payment, the total interest would be $1,100.
<h3>What is amortization?</h3>
Amortization means scattering payments over manifold periods. The term is used for two discrete processes. Amortization of loans and amortization of assets.
In the last-mentioned case, it refers to delegating the cost of an intangible asset over a period of time.
The total amount of interest that would be paid in the first year is $1,100 which is shown in the image given below.
Therefore, the amount of total interest payment would be $1,100.
Learn more about amortization, refer to:
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Answer:
C) regional dealer officers must recognize gross income from the personal use of the company vehicles.
Explanation:
Both majestic´s vehicle company and regional dealer employee discounts qualify for exclusion treatment as a qualify employee discount. the personal use of the automobile is discriminatory and must be included in the officers´s gross income
Answer:
True.
Explanation:
‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.
The cash flow from operating activities is generally more than the net income after taxes.
The cash flow from operating activities includes only the cash transactions relating to the operations of the business. It ignores the non-cash transactions. On the other hand, net income is derived after deducting all the expenses (paid or unpaid) from the revenue earned, pertaining to a particular period.
Example: Depreciation expense is a non-cash transaction. It is treated as follows:
While calculating cash flow from operating activities, depreciation expense is ignored (added back to the net income) as it is a non-cash transaction.
On the other hand, depreciation expense pertaining to the accounting period is deducted from revenue to calculate net income after taxes.
Thus, the cash flow from operations is generally more than the net income after taxes.
