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3 years ago

1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?

Business

1 answer:

Andrews [41]3 years ago

3 0

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

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Motorola's worldwide advertising campaign for cell phones is an attempt to provide a common theme and presentation in all market

larisa86 [58]

Answer: True

Explanation: The scenario given in the question is an example of global advertising campaign.

Global advertising can be referred to as advertising on global scale unification or captivating marketable benefit of worldwide operational variances, similarities and chances in order to accomplish global aims. It is also known as a method where similar universal message is functional at a global scale.

4 0

3 years ago

Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales

dem82 [27]

Answer:

36%

Explanation:

Calculation for what Staley Co.'s margin of safety ratio (MOS%) if 500 units are sold would be

First step is to calculate the Break even point units using this formula

Break even point units =( Fixed cost / Contribution margin per unit)

Let plug in the formula

Break even point units= ($75,000 / $225)

Break even point units= 320 units

Second step is to calculate the Margin of safety sales in units using this formula

Margin of safety sales in units = Actual sales units - Break even sales units

Let plug in the formula

Margin of safety sales in units = 500 - 320

Margin of safety sales in units= 180

Now let calculate Margin of safety ratio using this formula

Margin of safety ratio = ( margin of safety units / Actual sales units) *100

Let plug in the formula

Margin of safety ratio= (180 / 500 ) *100

Margin of safety ratio= 36%

Therefore Staley Co.'s margin of safety ratio (MOS%) if 500 units are sold would be 36%

8 0

3 years ago

What will happen to return on investment (ROI) if current assets decrease while everything else remains the same (assume the cur

swat32

Answer: There would be an increase on return on investment (ROI) if current assets decrease while everything else remains the same

Explanation: This is because when the profit(returns) is constant, but the assets drops in value, the new ROI will be relative drop in value of asset.

5 0

3 years ago

Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $12.5 million. The fair value of Midwest's asset

Tems11 [23]

Answer:

$5.3 million

Explanation:

Kosher pickle company acquires outstanding stock of Midwest produce for $12.5 million

Fair value of Midwest assets is $8.5 million

Fair value of Midwest liabilities is $1.3 million

The first step is to calculate the fair value of net identifiable assets

= $8.5 million-$1.3 million

=7.2 million

Therefore, the amount paid for goodwill can be calculated as follows

= $12.5 million-$7.2 million

= $5.3 million

Hence the amount paid for goodwill is $5.3 million

6 0

3 years ago

A heavy equipment manufacturer is in talks with several other similar businesses about moving into a foreign market. Their prima

Oduvanchick [21]

Answer: Consortia are Associations or Marketing organizations which link together small to medium sized independent agencies to leverage purchasing power and marketing opportunities.

Explanation: since this heavy equipment manufacturers wants to move in the foreign market and lower the financial risk, it is important they partner together to achieve is goal. Examples of Consortia are American Express, Carlson Wagonlit, BCD Travel or HRG. These companies are combinations of contributed efforts. They partnered together to bear one name with each branches undergoing agreements.

8 0

4 years ago