The amount an insurance policyholder receives from the

How does creating and maintaining competitive advantages in a platform business like Uber’s differ from a vertical chain busines

omeli [17]

Answer:

Explanation:

It differs from those adopted by taxi companies because platform business most times embrace a monopoly approach because they take over the market. Platform business have strong network effect and multihoming cost and they don't have a taste for service, therefore there is the consideration of strong Internet based network which connects drivers to customers which is a competitive advantage. There is the e-payment platform. The organization does not mange drivers or seek patronage since they do not bearing homing cost. Their only aim is to create a connection between drivers and their customers.

8 0

3 years ago

Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas

rewona [7]

Answer:

We will only produce further product Y and Z

Explanation:

We should check the increase in sales revenue with the increase in cost to know if further process acheive a gain:

Product X

Increase in sales value:

348,000 - 340,000 = 8,000

Additional Cost: (38,000)

difference: (30,000) Non-profitable

Product Y

Increase in sales revenue:

185,000 - 150,000 = 35,000

additional cost: (30,000)

difference: 5,000 Profitable

Product Z

Increase in sales revenue:

147,000 - 110,000 = 37,000

additional cost: (22,000)

difference: 15,000 Profitable

3 0

3 years ago

Identify the marketing research technique implied in the scenario. Tiara is planning to open a small café in her neighborhood. H

AnnyKZ [126]

Answer:

demographic and psychographic segmentation

Explanation:

Tiara's target market is based on age (demographic) and interests (psychographic)

5 0

3 years ago

Carlos is the manager of an American company. He expects the value of the British pound to appreciate in the near future and so

Inga [223]

Answer: Speculation.

Explanation:

Carlos tries to make a profit through exchange rates. Carlos is a speculator who tries to make profit through market fluctuations. The strategy is a risky strategy as the speculators based on their knowledge about the market make decisions accordingly.

Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.

3 0

3 years ago

The financial statements for Castile Products, Inc., are given below: Castile Products, Inc. Balance Sheet December 31 Assets Cu

Delicious77 [7]

Answer and Explanation:

The computation is shown below;

1.

Working capital = Current Asset - Current Liabilities

= $569,000 - $280,000

= $289,000

2.

Current ratio = Current Asset ÷ Current Liability

= $569,000 ÷ $280,000

= 2.03

3.

Acid-test (quick) ratio = {(Current Asset - Inventory - prepaid expense) ÷ Current Liabilities }

= {{$569,000- $320,000 - $8,000) ÷ ($280,000)}

= 0.86 times

4.

Debt-Equity ratio = Total Liability ÷ Shareholders' Equity

= $670,000 ÷ $759,000

= 0.88 times

5.

Times interest earned = EBIT ÷ Interest Charges

= ($1,224,000 + $35,100) ÷ ($35,100)

= 35.87 times

6.

Average collection period

= 365 ÷ ($3,010,00 ÷ $215,000)

= 26 days

The $215,000 comes from

= ($210,000 + $220,000) ÷ 2

= $215,000

7. The average sales period is

= 365 ÷ ($1,110,000 ÷ $300,000)

= 99 days

The $300,000 comes from

= ($280,000 + $320,000) ÷ 2

= $300,000

8. The operating cycle is

= 99 days - 26 days

= 73 days

3 0

2 years ago