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2 years ago

How can creating a customer profile help entrepreneurs identify their target market

1 answer:

3 0

Creating a customer profile helps identify markets because the information on it is too persuade the buyer, customer or Purchaser. I'm in 6th grade don't judge x

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Economists say that making choices involves comparing

dimulka [17.4K]

Answer:

Marginal benefits and marginal costs.

Explanation:

5 0

3 years ago

Butchart Gardens is a very large garden in Victoria, British Columbia, renowned for its beautiful plants. It is so large that it

andrey2020 [161]

Answer:

<h2>In this case,visit to the Butchart Garden is an excludable and non-rivalrous good and is an example of a Club Good.</h2>

Explanation:

First,since the Burchart Gardens charges an admission fee of $30 for each visitor,anyone who has not paid the fee cannot or will not be able to have access inside the garden.Therefore,it is currently not a free service for all the visitors.In this sense,a visit to the Butchart Garden is excludable.It can be assumed that any visitor who wishes to come inside the garden and have a visit will have to mandatorily pay the admission fee.

Secondly,as Butchart Garden is a public area and anyone who pays the admission fee can officially gain access to the garden,enjoyment of the natural and aesthetic beauty of the garden by any one visitor does not reduce the simultaneous enjoyment of any other visitor who has paid the admission fee and hence,gained access to the garden.In economic language,if we consider the garden visit as a particular commodity,then the consumption of the commodity by any one visitor or consumer does not reduce the simultaneous consumption of any other visitor/s or consumer/s,provided that they have all paid the admission fee to gain access to the commodity or garden in this case.Therefore,visits to the Butchart Garden can be considered as non-rivalrous.

Now,since the visit to the Butchart garden is both excludable and non-rivalrous in nature,it can be considered as an example of a Club Good.

8 0

3 years ago

The Murdock Corporation reported the following balance sheet data for 2018 and 2017: 2018 2017 Cash $91,805 $30,755 Available-fo

worty [1.4K]

Answer:

net income $63,000

+ depreciation $51,700

- gain on sale of equipment ($1,650)

change in current assets:

- increase in accounts receivables ($13,050)

- increase in inventory ($21,300)

+ decrease in prepaid insurance $630

change in current liabilities:

- decrease in accounts payable ($73,630)

- decrease in salaries payable ($5,800)

- decrease in notes payable ($51,300)

<u>net cash provided by operating activities ($51,400)</u>

Explanation:

2018 2017

Available-for-sale debt securities (not cash equivalents) 22,000 98,000 INVESTING ACTIVITY

Accounts receivable 93,000 79,950 = -13,050

Inventory 178,000 156,700 = -21,300

Prepaid insurance 2,670 3,300 = 630

Land, buildings, and equipment 1,276,000 1,138,000, INVESTING ACTIVITY

Accumulated depreciation 623,000 585,000 = 38,000 + 13,700 = 51,700

Accounts payable $88,040 $161,670 = -73,630

Salaries payable 25,200 31,000 = -5,800

Notes payable (current) 36,700 88,000 = -51,300

Bonds payable 213,000 0 FINANCING ACTIVITY

2) Equipment costing $20,000 with a book value of $6,300 was sold for $7,950 = 13,700 added to accumulated depreciation, -1,650 gain on sale

3 0

3 years ago

Using Statement of Cash Flows Information to Assess Company Life-Cycle Stage

yKpoI14uk [10]

Answer:

Explanation:

Operating Investing Financing Cycle

3751 (2404) 1381 Growth

1102 2054 (759) Maturity

20 (480) 926 Growth

(2580) (4200) 7508 Introduction

(409) 5581 (2356) Declining

2281 (3451) 1957 Growth

6385 3272 (1958) Maturity

(365) (1678) (3478) Declining

In the introduction phase , cash flow from the operating and investing activities are negative as the company generate cash for investment through financing activities for operation

In the growth phase , the activities begin to pay off gradually while investing is still on simultaneously as operating activities generate a positive cash flow , investing negative and finance positive

In the maturity phase , company start to pay offset debt and buy back the stock as the business appears stable. Operating and financing activities generate a positive cash flow and financing negative.

In declining stage ,sales begin to fall and operating activities nosedive , investing may be positive as assets are being sold off and financing activities negative.

5 0

3 years ago

Three major transportation segments and a major company within each segment are as follows:

Irina18 [472]

Answer:

Segment Company Motor

a) The asset turnover ratios for all three companies. Round to two decimal places are:

YRC Worldwide ___4.76_____

Union Pacific ___0.46____

C.H. Robinson Worldwide __12.34____

b) Based on the Asset Turnover Ratio computed above, Transportation Arrangement is the most efficient. It outperformed YRC Worldwide and Union Pacific Corporation in deploying assets to generate revenue. The performance of Union Pacific Corporation in comparison is very abysmal.

Explanation:

a) Data and Calculations:

YRC Worldwide Railroads Union Transportation

Inc. (YRCW) Pacific Corporation Arrangement C.H.

(UNP)

Sales $4,832 $21,813 $13,470

Average long-term

operating assets 1,016 47,569 1,092

Asset turnover = Sales/Average operating assets

= 4.76 0.46 12.34

5 0

3 years ago