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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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Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of inventory to Stendall. The c
rjkz [21]

Answer:

Non-controlling interest in net income decreased would have by $6,000

Explanation:

The computation of net income is shown below:-

Profit on Intra-Entity Sales = Revenue - Cost of goods sold

= $200,000 - $140,000

= $60,000

Profit on Intra-Entity Sales × 25% still in Ending Inventory

= $60,000  × 25%

= $15,000

Adjustment to Net Income × 40% for Non-controlling Interest

= $200,000 × 25% × 30% × 40%

= $6,000  

Net profits will go decline by $6,000

8 0
3 years ago
Recommend financial reporting and auditing-related reforms that would likely be effective in preventing or detecting frauds simi
abruzzese [7]

Answer:

The answer is stated below:

Explanation:

If the SEC and the AICPA, worked altogether in order to share the information, they might have detected the fraud prior. The case states that the Madoff Securities does not required to submit the peer review program to AICPA as Friehling, had recorded that he did not perform or conduct any audits.

Recommendation

1. The policy execution for the exchange of the information among the two firms would be useful to detect the fraud.

2. The PCAOB should spend more resources an attending the hotline of whistle blowing through executing the policies which need certain complaints to be addressed effectively.

3. The firms or company should have done more in order to verify the financial statements assertions, which surrounds the investments. The PCAOB need to execute the policy that require the companies (such as Madoff Securities) to correctly answer the inquiries of the auditor.

6 0
3 years ago
Which of the following LEAST describes the concept of brand equity? Select one:
Julli [10]

Answer:

The statement states least regarding the brand equity concept is option A

Explanation:

Brand equity is the value or value premium which a firm generates  or create for the product with a name that is recognizable when compared to the generic equivalent. It is used by companies for creating a brand for their products by making them superior in reliability and quality.

So, the one which state least regarding the same that it provide information for assessing the maximizing of the supply chain.

6 0
3 years ago
WoodCore Inc. produces an entire line of office furniture at its manufacturing facility in the United States and then ships its
devlian [24]

Answer: D. exporting

Explanation:

Exporting is the sale of goods to other countries apart from your own even though the goods being sold were produced in your own country.

Exporting works best when the country doing the exporting is capable of producing the goods being exported at a lower price than the country that it is sending to, that way the people in that country have an incentive to buy it over locally made products. WoodCore is producing in the U.S. and selling elsewhere. This is exporting.

8 0
3 years ago
​Economists' estimates of price elasticities can differ​ somewhat, depending on the time period and on the markets in which the
wolverine [178]

Answer:

Range of price elasticity of demand for cigarettes is from (-0.5) to (-0.3).

Explanation:

Percentage increase in price = 10%

Percentage reduction in quantity demanded = 3% to 5%

We are taking percentage change in the quantity demanded is equal to 3% for now.

Initial price elasticity of demand for cigarettes:

= Percentage change in quantity demanded ÷ Percentage change in price

= -3 ÷ 10

= -0.3

Now, we are taking percentage change in the quantity demanded is equal to 5%.

price elasticity of demand cigarettes:

= Percentage change in quantity demanded ÷ Percentage change in price

= -5 ÷ 10

= -0.5

Therefore, the range of price elasticity of demand for cigarettes is from (-0.5) to (-0.3).

5 0
3 years ago
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