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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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Dave Matthew Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump su
Sedaia [141]

Answer:

$78,199

Explanation:

If the market price of common stock is $165 per stock, then selling 500 common stocks should = $82,500

If the market price of preferred stock is $230 per preferred stock, then selling 100 preferred stocks should = $23,000

If we add both we would get $105,500. If we want to allocate the proceeds proportionally according to their market prices:

common stocks = ($82,500 / $105,500) x $100,000 = $78,199

preferred stocks = ($23,000 / $105,500) x $100,000 = $21,801

the journal entries should be:

  • Dr Cash account 78,199
  • Cr Common Stock account 5,000
  • Cr Capital Paid-in Excess of Par Value (Common Stock) account 73,199

  • Dr Cash account 21,801
  • Cr Common Stock account 10,000
  • Cr Capital Paid-in Excess of Par Value (Preferred Stock) account 11,801

3 0
3 years ago
According to the video, what are some common tasks for Social and Human Service Assistants? Check all that apply.
Butoxors [25]

Answer:

A,D,E

Explanation:

7 0
2 years ago
Read 2 more answers
During the year, the Senbet Discount Tire Company had gross sales of $1.14 million. The firm’s cost of goods sold and selling ex
Yuri [45]

Answer:

$319,460

Explanation:

Calculation for the firm’s operating cash flow

First step is to calculate EBIT and Taxes

Sales $1,140,000

Less Cost of goods sold 533,000

Less Selling costs 223,000

Less Depreciation 138,000

EBIT $246,000

Interest 61,600

(7%*$880,000)

Taxable income $184,400

(246,000-61,600)

TAXES 64,540

(35%*$184,400)

Now let calculate the firm’s operating cash flow using this formula

Operating cash flow = EBIT + Depreciation - Taxes

Let plug in the formula

Operating cash flow = $246,000 + $138,000 - $64,540

Operating cash flow = $319,460

Therefore the firm’s operating cash flow is $319,460

8 0
3 years ago
In which part of a résumé would you mention the names and contact details of your previous employers?
KIM [24]
In references you would put previous employers
5 0
3 years ago
Read 2 more answers
Please Help Me With My Homework
serg [7]

Answer:

Weak Economy

Explanation:

A country’s economic performance is measured using three key indicators, one of which is the unemployment rate. When adults who are willing and able to work cannot find a job, it may be a sign that an economy is producing less than it could. On the other hand, unemployment is also a natural phenomenon that even healthy economies experience. While the official unemployment rate is helpful in representing the state of a nation’s workforce, it does have some shortcomings that should be considered, such as excluding discouraged workers.

There are three types of unemployment that economists describe: frictional, structural, and cyclical. During recessions and expansions, the amount of cylical unemployment changes. Cyclical unemployment is closely related to the business cycle, and causes the deviations of the current rate of unemployment away from the natural rate of unemployment.

The labor force participation rate (LFPR)

The labor force participation rate (LFPR) is another measure of labor market activity in the economy. The LFPR is the percentage of the adult population that is in the labor force. The labor force includes everyone who is either employed or unemployed. The adult population is defined as anyone who is over the age of 16 who potentially could be part of the labor force. Anyone who is less than 16 years old, is in the military, or is institutionalized is not considered to be potentially part of the labor force and is excluded from this calculation.

When people enter the labor force the LFPR increases, and when people exit the labor force the LFPR decreases. A decrease in the LFPR that occurs at the same time as a decrease in the unemployment rate can signal that there are more discouraged workers.

Limitations of the unemployment rate

The unemployment rate as it is measured officially is often criticized for understating the level of joblessness because it excludes anyone working at all or people who aren’t looking for work. In particular, the official unemployment rate leaves out discouraged workers and the underemployed. People who have given up looking for work because they are convinced that they cannot find jobs are considered discouraged workers. Some people are counted as employed because they are working part-time, even though they really want full-time work.

Three types of unemployment

Economists primarily focus on three types of unemployment: cyclical, frictional, and structural. Cyclical unemployment is the unemployment associated with the ups and downs of the business cycle. During recessions, cyclical unemployment increases and drives up the unemployment rate. During expansions, cyclical unemployment decreases and drives down the unemployment rate.

4 0
2 years ago
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