Answer:The new ads suggest that Head & Shoulders has been
rebranded -True
Explanation:Definition: Rebranding is a marketing strategy which involves giving a brand or product or company a facelift by changing the corporate image of the particular object by giving it a new name, symbol, or change in design especially for an already-established brand. This helps to create a different face for a brand or product from its competitors or from imitations in the market.
Here, procter and Gamber rebranded it's head and shoulders to give it a facelift thereby attracting it's already existing customers and intending purchasers.
Answer:
b. An increase of $15 million
Explanation:
The computation of the cash impact of the change in working capital is shown below:
As we know that
Working capital = Current assets - current liabilities
So, the change in working capital is
= Increase in current assets - increased in current liabilities
= $40 million - $25 million
= $15 million
Hence, the b option is correct
Answer:
1.97 times
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
Current ratio before any adjustment is shown below:
So, current ratio = $343,980 ÷ 196,600 = 1.75 times
Current ratio after adjustments are shown below:
Current assets = Before adjustment balance + goods purchased costing - physical count of inventory + freight-in charges
= $343,980 + $20,440 - 11,890 + 3,040
= $355,570
Current liabilities = Before adjustment balance - goods not received
= $196,600 - $15,950
= $180,650
So, the current ratio would be
= $355,570 ÷ $180,650
= 1.97 times
