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Marina CMI [18]
3 years ago
11

Martin's cleaning supplies company has an idea for a cleaner that is universal and can clean any surface type. this could simpli

fy the cleaning process for homeowners as well as janitors and other professional cleaners. the most important question this company should consider when deciding whether to develop this product, in terms of business analysis, is
Business
1 answer:
stiks02 [169]3 years ago
4 0
<h2>Does this product contains any harm ingredients which might affect environment or customer?</h2>

Explanation:

Since options are not given I am assuming below options:

How will the product affect the firm's sales?

This is important to calculate profit and growth of the organization. But than this, environment-friendly product is the most important aspect to be considered.

Does this product contains any harm ingredients which might affect environment or customer?

This is the most important aspect while dealing with producing cleaning agents. If it going to create harm, then whether they cleans better than others, or giving increasing in firm's sales does not matter. All a user need is environment-friendly solution.

Will enough customer wants an replacement to their existing product with this product?

Yes this needs to be considered but it is not most important or has to be given the top most priority.

Can the firm afford to produce new product?

Every company will have the ability to produce new product and it also depends on the success of the product too.

Are there any use for this product to other industries?

This is least important. Anyway the product is universal, so any type of industry can use.

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You are the regional sales manager for Standard Publishing Co. The company is preparing adjusting entries for the year ended Mar
solniwko [45]

Answer:

Standard Publishing Co.

The amount of subscription revenue that should be reported on the income statement for the year ended March 31, 2021 is:

= $35,000.

Explanation:

a) Data and Calculations:

September 1, 2020 Cash receipt for magazine subscriptions for three years = $180,000

This subscriptions is equal to 36 months subscription.

The amount of subscription revenue to report for the year ended March 31, 2021 = $35,000 ($180,000 * 7/36).

From the above calculation, a month's subscription revenue = $5,000 ($180,000/36)

Therefore, seven months' subscription from September 1, 2020 to March 31, 2020 = $35,000 ($5,000 * 7).

The unearned subscription revenue is debited with $35,000, while earned subscription revenue is credited with the same amount.

8 0
2 years ago
Gore Global is considering the two mutually exclusive projects below. The cash flows from the projects are summarized below.
d1i1m1o1n [39]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Flying Car

Cash flow in year 0 = -$200,000

Cash flow in year 1 = 50,000

Cash flow in year 2 = 50,000

Cash flow in year 3 =80,000

Cash flow in year 4 =100,000

IRR = 13%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
Which of the following is not a type of consumer credit?
Masteriza [31]
Automobile loans is not a type of consumer credit
8 0
3 years ago
Read 2 more answers
Everything else equal, if the United States runs a large foreign trade deficit, the financing of the deficit will: a. increase g
sladkih [1.3K]

Answer: decrease tax revenue

Explanation:

A trade deficit occurs when the import of a country's is more than the export of the country for a given period of time period. The main cause is when there's an imbalance between the savings of a country and the investment rates.

In this case, financing the deficit will lead to the reduction in the tax revenue. When part of the tax revenue gotten from economic agents are used in the finance of the deficit, there'll be a reduction in the tax revenue.

6 0
2 years ago
Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat
SSSSS [86.1K]

Answer: C. $950

Explanation:

Hello.

Your question was missing a few details so I threw them in. You'll find it in attachments.

To calculate the total Manufacturing costs for Job 201 we would need to calculate the overhead cost allocation rate first to find out how much Overhead to allocate to Job 201.

Using a normal costing system with direct labour cost as the allocation base,

Overhead allocation rate = (Overheads/Direct Labor Cost)*100

= (100,000/50,000)*100

=200%

Overhead allocation rate is 200% or 2x direct labor cost.

Now to calculate the total Manufacturing costs of Job 201,

Total manufacturing cost for Job 201 = Direct Material + Direct Labor + Manufacturing Overheads

= 350 + 200 + (200*2 for manufacturing overhead)

= 350 + 200 + 400

= $950

$950 is the total manufacturing cost for Job 201 making option C correct.

7 0
3 years ago
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