Here, the company objective does best reflect the competitor-oriented type of pricing.
The process of fixing/determining a product price is very important in an organziation because it takes into consideration the cost incurred and profitability.
The competitor-oriented type of pricing is a pricing approach that considered its pricing based on other competitors price.
Therefore, the process of Fizzy Drinks Inc in deciding to be the lowest price competitor in the soft drink market is an example of competitor-oriented approach of pricing.
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Answer:
C) $4,500.
Explanation:
The interest expense for one year is $6,000 (100,000 * 6%). The Accrual Principle of Accounting requires entities to record expenses in a period in which they are incurred and not when paid. So, we have to record the interest accrued for nine months that is from April to December.
⇒ Interest Expense at Year End = (6,000 / 12) * 9 = $4,500.
Answer:
The budgeted cash disbursements for August are $532,000
Explanation:
Amount of cash the company pays for purchases in August:
30% x Materials purchases in July + 70% x Materials purchases in August = 30% x $250,000 + 70% x $420,000 = $369,000
The budgeted cash disbursements for August = Cash paid for purchasing materials + Wages Expense + Purchase of office equipment + Selling and Administrative Expenses = $369,000 + $60,000 + $64,000 + $39,000 = $532,000
Noted: Depreciation is a non-cash accounting expense, so it doesn't involve cash flow
Answer:
The unemployment rate is 12.5%
Explanation:
The formular for solving unemployment rate is:
Number of unemployed persons/ Total number of civilian force × 100
The number of unemployed persons is 6 million
The total number of civilian force is 6milllion + 42 million = 48 million
Therefore unemployment rate is
6/48 ×100 = 12.5%
Thus, the unemployment rate is 12.5%
Answer:
The correct answer is letter "C": Strategic Business Units.
Explanation:
Strategic Business Units or SBUs refers to individual departments within an organization that have a vision and mission of its own to help companies have an impact on the overall market segment. They have a competition analysis and marketing campaign aligned with the companies objectives.
