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skad [1K]
3 years ago
5

Orlando, the owner of a belgian event-planning company called memory makers, plans to open a marketing company that focuses on p

roduct launches, called kick start, in germany. Kick start will be totally owned and controlled by memory makers, which makes kick start a ________ of memory makers.
Business
1 answer:
schepotkina [342]3 years ago
5 0

Kick start will be totally owned and controlled by memory makers, which makes kick start a subsidiary of memory makers.

<h3>What is a Subsidiary?</h3>

This refers to the branch of a company which performs a different function from the parent company but has the same vision and mission which is to increase profit and sales.

With this in mind, we can see that because Orlando who owns an event planning company opens a marketing company so as to focus on product launches, this shows that they are a subsidiary.

Read more about subsidiary here:
brainly.com/question/4688609

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Meeting the spending targets in this budget meant some very difficult choices. —president barack obama, 2012 budget message of t
Ostrovityanka [42]

The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.

<h3>What is a federal budget?</h3>

A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.

This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.

Read more on budget here: brainly.com/question/13964173

#SPJ4

5 0
2 years ago
The investment a company makes in training employees to perform their duties and redesigning products and processes to improve t
Andre45 [30]

Answer:

True

Explanation:

Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:

Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.

Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.

Final Answer

The above statement is true.

4 0
3 years ago
Which of the following is not a type of qualitative forecasting?
Svetradugi [14.3K]

The following that is not a type of qualitative forecasting is<u> </u><u>Moving Averages</u>

Qualitative forecasting has to do with the use of feedback and other research data to make a prediction about how the finances of a company is likely to change in a period of time.

This qualitative research is done by making analysis of the amount of money gotten in the past by the company to estimate future financial operations.

There are four types of qualitative forecasting such as:

  • Executive Opinions
  • Consumer Surveys.
  • Delphi Method
  • Sales Force Polling

Therefore, the correct answer is Moving Averages.

Read more here:

brainly.com/question/8201684

7 0
3 years ago
The following information is available for MVF Company(dollar amounts are in millions)
Klio2033 [76]

Answer:

                                           2016            2015          2014           2013

gross profit%                     26.29%        22.58%      22.45%     22.41%

Inventory turnover          6.58               7.64            7.6             7.94

cost of material %          59.89%       51.76%         89.82%       51.10

b. gross%  has increased this may be due to a high demand, and intense marketing.

inventory turnover has decreased this may be due to new competition, or introduced product(new product)

cost of material purchased % it has increased in 2016, this may be due to increased production and effective use of material.

Explanation:

gross profit % =gross profit/ sales

gross profit = sales less cost of sales

inventory turnover = cost of sales / average inventory

average inventory = (opening inventory + closing inventory )/2

cost of material purchased/ cost of finished goods

finished goods = cost of sales + closing - opening goods

4 0
3 years ago
[The following information applies to the questions displayed below.] Vail Resorts, Inc., owns and operates five premier year-ro
Sphinxa [80]

Answer:

JOURNAL ENTRIES

01 Dec Debit bank $2,900,000 Credit Note payable $2,900,000

31 Dec Debit Snowplow $95,000 Credit Bank $95,000

  c)    Debit inventory $31,000 Credit Accounts Payable $31,000

  d) Debit Maintenance expense $55,000 Credit Bank $55,000

   e)Debit Bank $378,000 Credit Season Passes $378,000

    f) Debit Accounts receivables $740 Credit Revenue $740

   g)  Debit Cost of sales $420 Credit Inventory $420

    h) Debit Bank $260,000 Credit Daily lift passes $260,000

    i) Debit Bank $2,200 Credit refundable deposit $2,200

j)  Debit Accounts payable $15500 Credit Bank $15,500

 k) Debit Bank $410 Credit Accounts receivables $410

    l) Debit Salaries and Wages $264,000 Credit Bank $264,000

Explanation:

1. Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

8 0
3 years ago
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