Answer:
There are 52 dollars increase on marginal cost when production rises
There are 58000 dollars increase on total cost when production rises
Explanation:
Please find attached word file with the calculations.
Answer:
U.S. appliance manufacturers would be more likely successful if they used a <u>Transnational</u> marketing strategy
Explanation:
Transnational marketing strategy is a more personalized approach to selling and marketing with target customers need, shopping preferences and specifications put into consideration in the designing of the goods and services.
This strategy applies to the U.S. appliance manufacturers selling to different countries.
Therefore, people in Northern Europe who shop only once a week will be presented with bigger refrigerators while Southern Europeans who shop daily can opt for smaller ones.
C. less painful parting with cash
Answer:
Warbocks Corporation
Statement of retained earnings for the year ended December 31, 2017
Amount in $
Opening retained earnings 12,600
Net income for the year 7,000
Dividend <u> (5,000)</u>
Closing retained earnings <u> 14,600</u>
Explanation:
The retained earnings statement shows the movement in the retained earnings balance between the start and end of the year.
This includes the net earnings and dividend paid during the year.
Net income = $30,000 - $15,000 - $2,000 - $4,500 - $500 - $1,000
= $7,000
Answer:
1. The measures that City Bus Risk Manager should take in the risk management process are as follows
Figure out the risk context: In this case, we need to find out which market City Bus is catering to and what sort of service it can provide. The risk manager will take into account what the business requirements are, what are the technical criteria for delivering this service, such as the legal regulations that City Bus has to follow.