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Lorico [155]
2 years ago
9

Barry is always searching information about wine. He reads Wine Spectator every month, has several books related to wine, visits

wine-related Web sites frequently, and has visited several wine regions throughout the world. While he purchases wine frequently, he does not conduct this information search for just that reason. He just enjoys learning about wine. For Barry, his search for information about wine is an _____.
A. internal search
B. ongoing search
C. eternal search
D. continuous search
E. perpetual search
Business
1 answer:
Aleks04 [339]2 years ago
7 0

Answer:

The correct answer is (B)

Explanation:

Barry's search for information about wine is on-going. He likes to purchase wine and for that reason, he thinks about it and continuously read article and book. He read articles and book every month which shows that it is an on-going search. Any search which is continuous, monotonous and repetitive is known as on-going search.

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You have an opportunity to acquire a property form First Capital Bank. The bank recently obtained the property from a borrower w
love history [14]

Answer:

Acquiring the property will not be profitable. This is supported by the computation below;

Cash outflow required;

Offer cost                           $200,000

Other acquisition cost           $10,500

Repairs cost                           $12,000

Selling expenses and fee       $3,000

Loan Interest (180,000x8%)    <u>$14,400</u>

<u> </u>  Total                                   $239,900

Expected selling price         <u>$225,000</u>

Expected Loss                      <u>   $14,900</u>

<u />

Explanation:

It is assumed that the $180,000 loan from the bank will be completely absorbed in the process of bringing the property into a good selleable condition.  Also, the interest payable on loan will be paid monthly which will affect the liquidity of the buyer. Except funds are sought for somewhere else, the buy can not pay for the initial cost of the property. The venture will not be profitable.

Workings:

Cash outflow required;

Offer cost                           $200,000

Other acquisition cost           $10,500

Repairs cost                           $12,000

Selling expenses and fee       $3,000

Loan Interest (180,000x8%)    <u>$14,400</u>

<u> </u>  Total                                   $239,900

Expected selling price         <u>$225,000</u>

Expected Loss                      <u>   $14,900</u>

<u />

7 0
2 years ago
A broad differentiation strategy Multiple choice question. appeals to customers who don't tend to be particularly loyal to a bra
Anna007 [38]

Answer:

is based on offering a unique product or service that a wide range of buyers find appealing and worth paying for

Explanation:

A broad differentiation strategy is a strategy of making ones goods or services different from that of competitors in a way that would appeal to a wide range of consumers.

An example of a company that employs broad differentiation strategy is apple. Apple products are deemed to be quite different from that of its competitors

<em><u>Characteristics of broad differentiation strategy </u></em>

  1. Firms that use this pricing have higher brand loyalty
  2. Firms that use this pricing have higher sales than when compared with competitors
  3. Firms that use this pricing are able to charge a higher price for their products when compared to their competitors

3 0
1 year ago
Emily, age 58, has been a participant in the Icon, Inc. ESOP for fifteen years. She plans to retire at 65. At the end of this ye
Andrej [43]

Answer:

How much must Icon allow Emily to diversify this year?

The answer is $250,000

Explanation:

  • After attaining the age of 55 years and participating already for ten years in the ESOP.
  • Emily will be allowed to diversify the value equal to 25% of investments.
  • 50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
  • Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.
7 0
1 year ago
Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2017
andreev551 [17]

Answer:

Explanation:

Current Forecast Horizon Terminal

Year ($ millions) 2017 2018 2019 2020 2021 Sales ........................................................$2,785 $3,838 $5,289 $7,288 $10,043 $10,244 ....................................................330 455 627 864 1,190 1,214NOA .........................................................533 735 1,012 1,395 1,922 1,961ROPI Model

NOPAT – [NOABeg× rDiscount

factor [1 / (1 × ] ...................0.88496 0.78315 0.69305 0.61332 Present value of horizon ................342 416 507 619 present value of horizon ........$1,884 Present value of terminal ...............5,375 .........................................................533 Total firm value ........................................$7,792 Less ..............(462) Firm equity value .....................................8,254 Shares outstanding (millions) ..................103.3 Stock value per share ..............................$ 79.90

7 0
1 year ago
Golden Manufacturing Company started operations by acquiring $150,000 cash from the issue of common stock. On January 1, Year 1,
NISA [10]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
1 year ago
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