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3 years ago

13

To initiate a strategic move that allows a firm to open up new and uncontested market space through value innovation, managers m

ust address four key questions when formulating a blue ocean business strategy.
a. True
b. False

1 answer:

marin [14]3 years ago

5 0

True I just took the test on edge

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Using the double declining depreciation method for an asset with a useful life of 7 years. What is the depreciation expense for

Nastasia [14]

Answer:

The depreciation expense for year 2 is $13,469

Explanation:

Computing the depreciation expense for year 1 is:

Depreciation expense = Asset cost / Number of useful life

= $110,000 / 7

= $15,714.28

Computing the depreciation expense for year 2 is as:

Asset cost for year 2 = Asset cost - Depreciation expense for year 1

$110,000 - $15,714.28

= $94,285.72

So, depreciation expense would be:

Depreciation expense = Asset cost for year 2 / Number of useful life

= $94,285.72 / 7

= $13,469

4 0

3 years ago

To ensure a safe environment its important to

lesya692 [45]

Follow social distancing rules and cover your face.

6 0

4 years ago

Read 2 more answers

1. Which of the following is not a reason that women have traditionally received less pay for doing the same work as men?

Ksivusya [100]

Answer:

I think it might be B. or C. If I was taking this, I would pick C. Let me know if I was right!

Explanation:

4 0

3 years ago

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 45,650 Current ass

Law Incorporation [45]

Answer:

$4,533.05

Explanation:

Return on equity (ROE) = Net income / Equity

Return on equity (ROE) = $6,992 / $50,300

Return on equity (ROE) = 13.9%

Retention ratio = 1 - Dividend payout ratio

Retention ratio = 1 - 35%

Retention ratio = 65%

Sustainable growth rate = [13.9%*65%] / [1 - 13.9%*65%]

Sustainable growth rate = 0.09035 / 0.90965

Sustainable growth rate =0.09932392

Sustainable growth rate = 9.93%

Maximum dollar increase = Sales * Sustainable growth rate

Maximum dollar increase = $45,650 * 9.93%

Maximum dollar increase = $4,533.05

5 0

3 years ago

Pam Erickson Construction Company changed from the completed- contract to the percentage-of-completion method of accounting for

lozanna [386]

Answer:

(a) Net income is $490,000

(b) Please Journal entries as solved below;

Explanation:

(a)Please see computation of net income below;

Net income = Income before income tax - Tax rate.

=$700,000 - ($700,000 × 30%)

= $700,000 - $210,000

=$490,000

Net income is therefore $490,000.

(b) Please see journal entries below.

Construction in process Dr $190,000

To deffered tax liability

$57,000

$190,000 × 30%

To retained earnings

$133,000

$190,000 × (100-30)%

$190,000 × 70%

(Being adjusted entry that is recorded.)

3 0

3 years ago