Answer:
Assume that currently there is no trade between them. Each country has 100 units of labor. Latvia produces fish, at a cost of 1 unit of labor per fish, and grain.
Explanation:
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
a. Cash used for purchase of office supplies, $2,200.
b. Cash provided from consulting to customers, $48,600.
c. Cash used for purchase of mining equipment, $79,000.
d. Cash provided from long-term borrowing, $66,000.
e. Cash used for payment of employee salaries, $24,600.
f. Cash used for payment of office rent, $12,600.
g. Cash provided from sale of equipment purchased in c. above, $23,100.
h. Cash used to repay a portion of the long-term borrowing in d. above, $43,000.
i. Cash used to pay office utilities, $4,900.
j. Purchase of company vehicle, paying $10,600 cash.
Required:
Calculate cash flows from financing activities. (List cash outflows as negative amounts.)
Answer:
$12,400
Explanation:
Cash flows from financing activities Amount
Cash provided from long-term borrowing $66,000.
Cash used to repay a portion of the -$43,000
long-term borrowing in d. above
Purchase of company vehicle, paying -$10,600
Net cash used in financing activities $12,400
If you owned a business what would be the way to protect your personal assets from liablity?
Answer:
When you form an LLC, you establish a new business entity that's legally separate from its owners. This separation provides what is called limited liability protection. As a general rule, if the LLC can't pay its debts, the LLC's creditors can go after the LLC's bank account and other assets.Sep 4, 2020
2. Grocers Absorb Rise in Food Prices to Keep Customers From Straying Dec. 17, 2017 7:00 a.m.
ET: Retailers hold line on prices, fearing they will lose business to discounters and new rivals online
Food costs are ticking up after a multiyear glut of many staples. But consumers aren't paying
much more yet because grocers, discounters and online retailers are all holding down prices to win
business. Many grocers are investing in e-commerce operations to keep up with Amazon.com Inc., which
has slashed prices on products including avocados, organic milk and chicken since it acquired Whole
Foods Market this summer. "Price competition is getting more severe," said Kemper Isely, co-president of
the Colorado-based Natural Grocers by Vitamin Cottage Inc., a health-food chain that competes with
Whole Foods in the West. The chain has cut prices this year in part to try to beat Whole Foods discounts.
Considering grocers, how can you apply price elasticity of demand to this situation?
In 2019, Mr. Smith purchased a principal residence for $1,500,000. He made a down payment of $300,000 and financed the remainder by borrowing $1,200,000 through a loan secured by the residence. In 2019, Mr. Smith paid interest that accrued on the indebtedness during that year. He had no other debt secured by the residence. May he deduct the entire amount of interest which was paid on the home loan
Answer:
Following are the solution to the given question:
Explanation:
Article 163(a) enables with all interest charged as well as accumulated throughout the obtainable year as rationale. On something like a duty. Not from having to stand, area 163(h)(1) for individuals continues to refuse an inference.
Definitely competent house involvement is not really a person under Segment 163(h)(2)(D). In Section 163(h)(3)(a) characterizes skilled optimism even though paid or charged interest. Recovering for a guaranteeing responsibility or house price responsibility guaranteed by taxable year Each consumer's competent going to dwell.
Even though optimism for both the supply chain responsibility under sentence 163(h)(3), a public servant may deduct (B) Accrued interest on 1,000,000 of the 1200,000 bond that used highlight the entire living in 2009 Agreement. In getting a competent living situation, the 1200,000 responsibility has been obtained Taxpayer as well as living agreements have been secured. In the this way: 1,000,000 is obligatory Obtained under 163(h)(3) as a supply chain obligation (B).
Question 4 of 10
Which budget strategy will reduce a country's national debt the most?
A. Raising taxes while lowering spending
B. Lowering both taxes and spending
C. Lowering taxes while raising spending
D. Raising both taxes and spending
Answer: raising taxes while lowering spending
Explanation: I just got it right on A p e x
On August 13, 2016, Bonita Services Co. purchased office equipment for $1390 and office supplies of $230 on account. Which of the following journal entries is recorded correctly and in the standard format? a. Equipment 1390 Supplies 230 Accounts Payable 1620 b. Accounts Payable 1620 Equipment 1390 Supplies 230 c. Equipment 1390 Supplies 230 Accounts Payable 1620 d. Equipment 1390 Account Payable 1620 Supplies 230
Answer:
a. Equipment 1390 Supplies 230 Accounts Payable 1620
Explanation:
Based on the information given if On August 13, 2016 the Company purchased office equipment for the amount of $1390 and office supplies of the amount of $230 on account. The journal entries that is recorded correctly and in the standard format will be :
Dr Equipment $1,390
Dr Supplies$230
Cr Accounts Payable $1,620
($1,390+$230)
fter 15 years of employment in the airline industry, John started his own consulting company to use physical and computer simulation in the analysis of commercial airport accidents on runways. He estimates his average cost of new capital at 8% per year for physical simulation projects, that is, where he physically reconstructs the accident using scale versions of planes, buildings, vehicles, etc. He has established 17% per year as the MARR. What net rate of return on capital investments for physical simulation does he expect
Answer:
The answer is "9%".
Explanation:
Please find the complete question in the attached file.
The formula for calculating the net return rate:
[tex]\to \text{Net return rate= MARR - Capital Cost}[/tex]
[tex]= 17\% - 8\% \\\\= 9\%[/tex]
Therefore, the net return rate is 9%.
Banks use a large percentage of their checkable deposits for the purpose of __________.
A.
paying interest
B.
giving loans
C.
employee salaries
D.
maintaining reserves
Answer:
the answer is D.
Maintaining reserves
Which activity is an example of differentiated marketing? A. An automobile company promotes small family cars and sports utility vehicles to a specific demographic. B. A retailer promotes commodities such as coffee, sugar, and bread to everyone who shops at the store. C. A local business distributes promotional cards to the community. D. A travel business sends advertisements to its current and past customers. E. An insurance company offers its products to everyone in Kansas.
Answer: A. An automobile company promotes small family cars and sports utility vehicles to a specific demographic.
Explanation:
Differentiated marketing is a form of marketing that occurs when the advertisement that is done by a particular company appeals to some particular target audiences or segments. Thus is usually done by the company to get ire customers and also enhance the brand awareness.
In this case, the activity that is an example of differentiated marketing will be option A. "An automobile company promotes small family cars and sports utility vehicles to a specific demographic".
Summarise the following passage in on more than 60w words and supply an appropriate title:every second,1 hectare of the world's rainforest is destroyed.thats equivalent to two football fields,an area the size of new York city is lost every day.in a year,that adds up to 31 million hectares-more than the land area of poland.this alarming rate of destruction has serious consequences for the environment, scientists estimate, for example, that 137 species of plant,insect or animal become extinct every day due to logging. In British Columbia, where,since become extinct, and the habitats of grizzly bears,wolves and many other creatures are threatened. Logging, however,provides jobs,profits, taxes for the government and cheap products of all kinds for consumers, so the government is reluctant to restrict or control it.
Answer:
I don't know...
Explanation:
I'm sorry...............
The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed model: Variable manufacturing costs 270 Applied fixed manufacturing overhead 135 Variable selling and administrative costs 90 Applied fixed selling and administrative costs 105 What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 200%
Answer:
$810
Explanation:
The computation of the price that charge by the company is as follows:
As we know that
Markup percentage = 100 × (sales price - cost) ÷ (cost)
As the cost is depend upon variable manufacturing cost only
so cost would be $270
Now
markup percentage = 100 × (sales price - $270) ÷ 270
200 × $270 = 100 × (sales price - $270)
sales price = $270 + $540
= $810
Stevens placed an ad in a literary magazine offering $7,400 for a complete set of Vacation in Paradise, a five volume set. Adams, who was not aware of the offer, gave to Stevens four volumes of the Vacation in Paradise set as a birthday present. Adams was informed of the offer at some point, obtained the missing volume, brought the volume to Stevens and requested the $7,400 payment. Stevens refused. If Adams sues, will he prevail
Answer:
Yes he will prevail because the advert placed is a unilateral contract
Explanation:
A unilateral contract is one that has only one promisor who receives a promise for his from the offeror. It is usually settlement for a particular service or product.
On the other hand bilateral agreement has both parties as the promisor and offeror. Meaning both of them have conditions that must be fulfilled in the contract by the other person.
In the given instance Stevens placed an ad in a literary magazine offering $7,400 for a complete set of Vacation in Paradise, a five volume set.
Any service short of this can be viewed as a failure in the contract.
Adams gave to Stevens four volumes of the Vacation in Paradise set as a birthday present. Adams was informed of the offer at some point, obtained the missing volume, brought the volume to Stevens.
Since Adams had not initially satisfied conditions set by Stevens, Stevens can refuse to make the $7,400 payment
One problem with using market values to measure GDP is that A. some useful goods and services are not sold in markets. B. you cannot compare completely heterogeneous goods by using their dollar values. C. prices for some goods change every year. D. market values of exported goods are usually priced in foreign currencies.
Answer:
C. prices for some goods change every year.
Explanation:
The reason why the real GDP (GDP adjusted to inflation) is a much better economic index than nominal GDP is that prices change over time, even if the quantities produced do not. It is actually possible for nominal GDP to increase even if total production output decreases due solely to high inflation rates.
Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. The required return is 13 percent and the company just paid a dividend of $2.60. What are the dividends each year for the next four years
Answer:
current dividends are $2.60
in one year, the dividends will be = $2.60 x 1.3 = $3.38
in two years, the dividends will be = $3.38 x 1.3 = $4.39
in three years, the dividends will be = $4.944 x 1.3 = $5.71
in four years, the dividends will be = $5.7122 x 1.07 = $6.11
during the next 3 years, dividends grow at 30%, but the during the fourth year they will only grow at 7%
[Related to Solved Problem 3.1B] In 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to play for them for seven years. He would be paid $15 million dollars per year for 14 years—an additional 7 years beyond the end of the time he would be committed to play for the Nationals. The contract was widely reported as being worth $210 million (or $15 million per year×14 years). One baseball writer argued, though, that "this deal serves as a nice reminder that the payment terms of a deal can have an impact on the actual value of the contract." Source: Dave Cameron, "Max Scherzer and When $210 Million Isn't $210 Million," fangraphs, January 19, 2015. Which of the following statements best represents the actual value of the contract? A. The actual value of the contract is more than $30 million for each year he plays. B. Scherzer's contract is worth $210 million on the day he signs it. C. The actual value of the contract is less than $30 million for each year he plays. D. The actual value of the contract is $30 million for each year he plays. Assume for simplicity that Scherzer receives his $15 million per year salaries for 2018, 2019, and 2020 at the end of each calendar year. The interest rate for this period of time is 7%. The present value of the salaries he will receive for these three years on January 1, 2018 is approximately A. $41.9 million. B. $45 million. C. $36.7 million. D. $39.4 million.
Following is the income statement information from Apollo Medical Devices.
($ in thousands) 2020
Net sales $4,163,770
Cost of sales before special charges 1,382,235
Special inventory obsolescence charge 27,876
Total cost of sales 1,410,111
Gross profit 2,753,659
Selling, general and admin expense 1,570,667
Research and development expense 531,086
Merger and acquisition costs 46,914
In-process research and development charges 12,244
Litigation settlement 16,500
Operating profit 576,248
Interest expense (57,372)
Interest income 2,076
Gain on disposal of fixed assets 4,929
Impairment of marketable securities (5,222)
Other income (expense), net (2,857)
Earnings before income taxes 517,802
Income tax expense 191,587
Net earnings $326,215
Required: Identify the components that we would consider operating.
Answer:
$ in thousands) 2020
Net sales $4,163,770
Cost of sales before special charges 1,382,235
Special inventory obsolescence charge 27,876
Total cost of sales 1,410,111
Gross profit 2,753,659
Selling, general and admin expense 1,570,667
Research and development expense 531,086
Explanation:
Paula weeded 40% of her garden in 8 minutes. How many minutes will it take to weed all of her garden at this rate ?
Answer:
3.2
Explanation:
when we get the 8 minutes and multiply
the rate which is 40% we get 3.2. 8*40/100=3.2 minutes.
does anyone know the accounting cycle???
Apr. 2 Purchased $4,600 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shipping point.
3 Paid $300 cash for shipping charges on the April 2 purchase.
4 Returned to Lyon Company unacceptable merchandise that had an invoice price of $600.
17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned merchandise.
18 Purchased $8,500 of merchandise from First Corp. with credit terms of 1/10, n/30, invoice dated April 18, and FOB destination.
21 After negotiations, received from Frost a $500 allowance toward the $8,500 owed on the April 18 purchase.
28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount.
Required:
Prepare journal entries to record the above transactions for a retail store. Assume a perpetual inventory system.
Answer:
Apr-02
Dr Purchase $ 4,600
Cr Accounts payable-Lyon $ 4,600
Apr-03
Dr Transportation - in $ 300
Cr Cash $ 300
Apr-04
Dr Accounts payable-Lyon $ 600
Cr Purchase returns & Allowances $ 600
Apr-17
Dr Accounts payable-Lyon $ 4,000
Cr Purchase discount$ 80
Cr Cash $ 3,920
Apr-18
Dr Purchase $ 8,500
Cr Accounts payable-Frist corp. $ 8,500
Apr-21
Dr Accounts payable-Frist corp. $ 500
Cr Purchase returns & Allowances $ 500
Apr-28
Dr Accounts payable-Frist $8,000
Cr Purchase discount$ 160
Cr Cash $7,840
Explanation:
Preparation of the journal entries to record the above transactions for a retail store. Assume a perpetual inventory system.
Apr-02
Dr Purchase $ 4,600
Cr Accounts payable-Lyon $ 4,600
(Being To record purchase merchandise from Lyon company )
Apr-03
Dr Transportation - in $ 300
Cr Cash $ 300
(Being To record shipping charges paid on above purchase )
Apr-04
Dr Accounts payable-Lyon $ 600
Cr Purchase returns & Allowances $ 600
(Being To record purchase return to Lyon company )
Apr-17
Dr Accounts payable-Lyon $ 4,000
($4,600 -$600)
Cr Purchase discount$ 80
{($4600 - $600)* 2% }
Cr Cash $ 3,920
($ 4,000 -$ 80 )
(Being To record cash paid to Lyon company for above purchase )
Apr-18
Dr Purchase $ 8,500
Cr Accounts payable-Frist corp. $ 8,500
(Being To record purchase merchandise from Frist corp. )
Apr-21
Dr Accounts payable-Frist corp. $ 500
Cr Purchase returns & Allowances $ 500
(Being To record received allowance on above purchase)
Apr-28
Dr Accounts payable-Frist $8,000
($8,500 -$500)
Cr Purchase discount$ 160
{($8,500 -$500)*2%}
Cr Cash $7,840
($ 8,000 -$ 160 )
(Being To record cash paid to Frist corp. for above purchase )
AccuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, then poured into molds to produce the castings. On May 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. The Work in Process balance for these 230 pounds was $32,844, determined as follows:
Direct materials (230 x $132)$30,360
Conversion (230 x 60% x $18)2,484 $32,844
During May, the Casting Department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. Factory overhead is applied to the department at a rate of 150% of direct labor. The department transferred out 2,530 pounds of finished castings to the Machining Department. The May 31 inventory in process was 44% complete as to conversion.
a. Prepare the following May journal entries for the Casting Department:
1. The materials charged to production
2. The conversion costs charged to production
3. The completed production transferred to the Machining Department
b. Determine the Work in Process—Casting Department May 31 balance.
c. Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month (April).
Answer:
AccuBlade Castings Inc.
Casting Department
a. Journal Entries for:
1. The materials charged to production:
Debit WIP $350,000
Credit Raw materials $350,000
To record the cost of materials charged to production.
2. The conversion costs charged to production:
Debit WIP $49,600
Credit Direct Labor $19,840
Credit Manufacturing overhead $29,760
3. Debit Machining Department $402,827
Credit WIP $402,827
To record the transfer of completed units to the machining department.
b. Work-in-Process - Casting Department balance = $29,616
c. The change in the costs per equivalent unit for direct materials and conversion from April:
Direct Materials Conversion
April cost per equivalent unit $132.00 $18.00
May cost per equivalent unit $139.33 $19.89
Change in cost per equivalent unit $7.33 increase $1.89 increase
The cost per equivalent unit increased in both direct materials and conversion for May when compared to April's.
Explanation:
a) Data and Calculations:
Units
Beginning WIP 230
Started 2,500
Transferred 2,530
Ending WIP 200
Equivalent units of production:
Units Direct Materials Conversion
Transferred 2,530 2,530 (100%) 2,530 (100%)
Ending WIP 200 200 (100%) 88 (44%)
Total equivalent unit 2,730 2,618
Cost of production:
Direct Materials Conversion Total
Beginning WIP$30,360 (230*$132) $2,484 (230*60%*$18) $32,844
Started 350,000 (2,500*$140) 49,600 (2,500*$19.44) 399,600
Total costs $380,360 $52,084 $432,444
Cost per equivalent unit:
Direct Materials Conversion
Total costs $380,360 $52,084
Equivalent units 2,730 2,618
Cost per equivalent unit $139.33 $19.89
Allocation of production costs:
Direct Materials Conversion Total
Units transferred out $352,505(2,530*$139.33) $50,322 (2,530*$19.89) $402,827
Ending WIp 27,866(200*$139.33) $1,750 (88*$19.89) $29,616
Total costs $380,371 $52,072 $432,443
Investment X offers to pay you $5,200 per year for eight years, whereas Investment Y offers to pay you $7,300 per year for five years. Calculate the present value for Investment X and Y if the discount rate is 5 percent. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))
Present value Investment X $ Investment Y $ Calculate the present value for Investment X and Y if the discount rate is 15 percent. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))
Answer:
Results are below.
Explanation:
Giving the following information:
Investment X:
Annual payment= $5,200 per year for eight years
Investment Y;
Annual payment= $7,300 per year for five years
Discount rate= 15%
To calculate the present value, first, we determine the future value. Then the present value.
FV= {A*[(1+i)^n-1]}/i
A= annual payment
PV= FV/(1+i)^n
Investment X:
FV= {5,200*[(1.15^8) - 1]} / 0.15
FV= $71,379.46
PV= 71,379.46/1.15^8
PV= $23,334.07
Investment Y:
FV= {7,300*[(1.15^5) - 1]} / 0.15
FV= $49,219.38
PV= 49,219.38/1.15^5
PV= $24,470.73
Choro Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 3% per year. If the weighted average cost of capital is 7% and Conundrum has cash of $80 million, debt of $60 million, and 30 million shares outstanding, what is Choro's expected current share price
Answer: $19.85
Explanation:
Expected current share price = (Present value of free cash flows + Cash holdings - Debt) / Shares outstanding
Present value of free cash flows.
Present value = Year 1 present value + Year 2 present value + Year 3 present value + Year 4 present value + Present value of Terminal value
Terminal value = (Free cash flow * (1 + growth rate)) / (Cost of capital - growth rate)
= (26 * 1.03) / (7% - 3%)
= $669.50
Present value = (12 / 1.07) + (18/ 1.07²) + (22 / 1.07³) + (26 / 1.07⁴) + (669.50 / 1.07⁴)
= $575.49 million
Expected current price = (575.49 + 80 - 60) / 30
= $19.85
Act Now!, an organization devoted to voting rights, applied for a permit to protest the closing of polling places in poor neighborhoods. Genevieve, the head of the organization, wanted the protest to be on the lawn of the county courthouse. The county denied the permit on grounds that it would prevent people from accessing the courthouse. If Act Now! challenges this action in court, it will be reviewed by the judge using:___________
a) strict scrutiny.
b) rational basis scrutiny.
c) intermediate scrutiny.
d) no particular form of scrutiny (none is required in this situation)
Answer:
c) intermediate scrutiny.
Explanation:
In this particular scenario this will be reviewed by the judge using intermediate scrutiny. In this review the court will decide whether or not the case helps the government and/or the people in any way. The court case interests must further the interests of the government or people in the same way for it to pass the review. If the court case passes the review it will be reassessed and may be voted upon differently depending on the other details at hand.
On January 1, 2019, the balance in Kubera Co.'s Allowance for Bad Debts account was $1,150. During the year, a total of $3,655 of delinquent accounts receivable was written off as bad debts. The unadjusted balance in the Allowance for Bad Debts account at December 31, 2019, was $1,450. Required: a. What was the total amount of bad debts expense recognized during the year
Answer:
$3,955
Explanation:
Bad debts are debts owned to a business whose likelihood of collection is not guaranteed.
Debit
Particulars Amount
Debtors. $3,655
Balance c/f. $1,450
Total $5,105
Credit
Particulars. amounts
Balance b/f $1,150
Bad debts. $3,955
Total. $5,105
Therefore, the amount of bad debts recognized during the year is $3,955
Help ASAP!!
1. Are you interested in being an entrepreneur?
2. Which habits do you do already?
3. Which habits would you like to adopt? Explain.
Answer: See explanation
Explanation:
An entrepreneur is someone who creates a business in order for the person to make profit. We should note that the person also bears the risk that are involved in the business.
1. Are you interested in being an entrepreneur?
I am interested in being an entrepreneur. Being an entrepreneur will aid the economic growth and development of the country and also enhance the standard of living of the people which works with me.
2. Which habits do you do already?
Some of the habits I already do from the picture include:
• Giving a head start to tomorrow today.
• Tracking my origress
• Continuing learning
• Tracking my progress.
• Refreshing my self with quality family time.
3. Which habits would you like to adopt?
Some of the habits that I'll like to adopt include:
• Keeping the morning for the toughest jobs.
• Workout and meditate
You would like to purchase a home and are interested to find out how much you can borrow. When your lender calculates your debt to income ratio, he determines that your maximum monthly payment can be no more than $3,200. You would like to have a 30 year fully- amortizing loan and the interest rate offered on such a loan is currently 5%. Given these constraints, what is the largest loan you can obtain?
Answer:
When Your Lender Calculates Your Debt To Income Ratio, He Determines That Your Maximum Monthly Payment Can Be No More Than $3,200.
Compute darryl's total social security and Medicare taxes for the third quarter, if she is self-employed and earns $1,020.00 on a weekly basis.
Answer and Explanation:
The computation of the total security and medicare tax is shown below:
Here we assume the social security and medicare tax is 12.4% and 2.9% respectively
So, first we compute the total earnings which is
= $1,020 × 13 weeks
= $13,260
Now the taxes are
= $13,260 × 12.4% + $13,260 × 2.9%
= $1,644.24 + $384.54
= $2,028.78
Take a quick look at all the market segments by clicking on the SEGMENTS/SUMMARY tab. As you analyze the opportunity for each segment, pay particular attention to the DEMOGRAPHICS for each segment. As you do so, note the SEGMENT SIZE of each market and its GROWTH RATE. From looking at the information provided about each segment, which segment represents the greatest portion of the entire market at close to 36%?
Question Completion:
Demographic Data on Market Segments
Segment Market Growth Purchase Average
Size Rate Behavior Price
Urban Commuters 20,000 3% 23% $45.00
School Children 35,000 1% 20% $24.00
Outdoor Enthusiasts 14,000 5% 12% $90.00
Luxury Trend Followers 5,000 7% 11% $70.00
University Students 24,000 5% 15% $32.00
Answer:
From looking at the information provided about each segment, the segment which represents the greatest portion of the entire market at close to 36% is:
School Children.
Explanation:
a) Data and Calculations:
Demographic Data on Market Segments
Segment Market Growth Purchase Average Market
Size Rate Behavior Price Size %
Urban Commuters 20,000 3% 23% $45.00 20.4%
School Children 35,000 1% 20% $24.00 35.7%
Outdoor Enthusiasts 14,000 5% 12% $90.00 14.3%
Luxury Trend Followers 5,000 7% 11% $70.00 5.1%
University Students 24,000 5% 15% $32.00 24.5%
Total market size 98,000
b) Market Size in percentage is computed as a ratio of each market segment to the total market size. Companies engage in market segmentation and sizing by dividing a target market into smaller, more defined categories that share similar characteristics such as demographics, interests, needs, or locations. The purpose is to identify the different groups within the target market so that more tailored and valuable goods and services can be provided to meet the customers' sweet spots.
What do externalities indicate?
a. resource immobility
b. a market failure
c. a lack of information
d. public goods
Answer:
They indicate B. A market failure
) You are a manager for a large company that sells products and sources materials internationally. A new competitor has entered the market. It had been determined that to differentiate your company from similar companies, you will need to start competing on sustainability as well. What does sustainability mean to your firm, and what might you look to implement in the future
Explanation:
Companies are entities that can cause potential damage to the environment, by using scarce natural resources and by the way of production, which can release pollutants into the atmosphere, etc.
Organizational sustainability, therefore, means joining the organization's efforts to reduce its negative environmental impacts and protect the location in which the company operates.
A good option for companies that want to implement sustainability in their processes is to look for environmental certifications that provide specific requirements and policies for companies to reduce their impacts and generate continuous improvement, such as the implementation of an Environmental Management System.
Corporate sustainability can mean long - term strategic and competitive advantages such as reducing waste, increasing the company 's value and reliability, attracting investors, satisfying stakeholders, etc.