Strategy is a sustainable and dominant market share the set of actions a firm takes to achieve a competitive advantage.
<h3>What is Competitive advantage strategy?</h3>
Competitive advantage can be explained as factors that influence a company to produce goods or services and be able to stand out compare to her other company in that industry.
These advantages help the company to be able to produce and generate more sales compared to its market rivals.
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Answer:
C. Buyer Persona
Explanation:
Buyer persona is defined as a semi- fictional representation of the IDEAL customer for a company or business based on research and real data about the company's or business existing customers.
The mapmaking company created a fiction "best" customers based on information gotten.
Companies and businesses uses buyer persona for market strategies. They also use it to help their sales team build a rapport with potential customers.
It is a research based profile that depicts a target customer.
Answer: Decrease the company's use of debt capital because it will decrease the equity multiplier (TRUE)
Reduce the company's operating expenses, its cost of goods sold, and/or the interest rate on its borrowed funds because this will increase the company's net profit margin (TRUE)
Decrease the amount of debt financing used by the company which will decrease the total asset turnover ratio (FALSE)
Use more debt financing in its capital structure and increase the equity multiplier (TRUE)
Explanation:
EQUITY MULTIPLIER is given as (Total Asset)/(Total shareholders equity). It measures how much of a company's asset is financed by shareholders. A company finances its assets through the combination of shareholder equity and DEBT (liability). Thus, the greater the percentage of debt used in financing asset, the lower the proportion of equity used. In order words, if debt decreases, asset decreases and therefore equity multiplier decreases.
NET PROFIT MARGIN is given as (Net Profit)/(Sales Revenue). Net profit increases when operating expenses, cost of goods sold, and interest rate deceases. This will lead to an increase in net profit margin.
TOTAL ASSET TURNOVER RATIO is given as (Net sales)/(Total Asset). It measure the effectiveness of an organisation to produce and make sales using its assets. If debt financing is decreased, it lead to a decrease in total asset and then increase (not decrease) in asset turnover ratio (assume net sales does not change)
We had defined equity multiplier above. If we use more debt financing, the proportion of equity in asset reduces, leading to an increase in equity multiplier.
Answer:
AJ Manufacturing Company
Multi-Step Income Statement
For the year ended xx xx, xxxx
Revenue
Sales $160,000
Cost of Goods Sold
Variable Product cost $40,000
Fixed Product cost <u>$50,000</u>
<u>$90,000</u>
Gross Income / Income $70,000
Less: Operating Expenses
Variable Selling & Administrative costs $13,000
Fixed Selling & Administrative costs <u>$16,000 </u>
<u>$29,000</u>
Net Profit / Income <u>$41,000</u>
Explanation:
GAAP require two types of the income statements
- Single-Step Income Statement
- Multi-Step Income Statement
In single step income statement all revenue are calculated and all expense are deducted from revenue to calculate net profit.
In multi-step the expenses are classified in the product / manufacturing expense and operating expenses. First manufacturing expenses are deducted from the net revenue to calculate the gross profit and then operating expense are deducted to calculate operating / net profit / income.
Answer:
Make your list at the same time everyday so it becomes a bit Be specific of what needs to be done
Explanation:
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