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Levart [38]
2 years ago
9

After creating a product prototype, a company tests it within the firm to see how it performs in different applications. The com

pany refines the prototype to correct the mistakes found in in-house testing. What should be the next step?
Business
1 answer:
Darya [45]2 years ago
5 0

Remainder option of the question:

A) commercializing the product

B) performing concept testing

C) conducting beta testing with customers

D) creating a marketing strategy for the product

E) performing business analysis

Answer:            

Option C Conducting beta testing with customers

Explanation:

The reason is that the company will have to test whether the prototype further requires any amendment by considering the reviews of the customers which are most valuable for the company. This helps in designing of the product prototype that best suits the company to help grow its business and profits.

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What is a joint venture? Multiple Choice an effort in which one firm grants access to its patents and trademarks for a fee an ar
natali 33 [55]

Answer:

A cooperative effort among two or more organizations that share a common interest in a business enterprise or undertaking.

Explanation:

A joint venture is defined as a business agreement where two or more parties pool their resources together to achieve a common goal. Usually profits and losses are shared equally among the parties unless there is an agreement to share otherwise.

The joint venture is an independent entity that is seperate from its owners. That means any liability of the joint venture is not binding on the parties involved.

5 0
2 years ago
Read 2 more answers
Suppose the college administrators estimate that the beautification initiative will cost $7,200. To decide whether the initiativ
Gelneren [198K]

Answer: $5,400

Explanation:

The 300 students on average agreed that they would be willing to pay $18 fo the beautification project.

The total monetary value of the benefit of the beautification initiative, as suggested by the survey is the amount that would be accrued if every student paid for the project at their Average Willingness to pay.

This would be,

= 300 * 18

= $5,400

The Total Benefit as suggested by the Survey is $5,400.

NB - The Total Benefit as suggested by the Survey is LESS than the cost of the Survey so the project SHOULD NOT be embarked on.

4 0
2 years ago
Devlin Manufacturing makes a single product. Expected manufacturing costs are as follows:Variable costsDirect materials $6.50 pe
expeople1 [14]

Answer:

Manufacturing cost:                                        $

Direct material ($6.50 x 3,200)                   20,800

Direct labour ($2.40 x 3,200)                     7,680

Manufacturing overhead ($1.10 x  3,200)   3,520

Supervisory salaries                                       13,600

Depreciation                                                 5,500

Other fixed costs                                          <u>2,200</u>

Total manufacturing cost                            <u> 53,300</u>

Explanation:

Total manufacturing cost is the aggregate of direct material, direct labour,variable manufacturing overhead and fixed costs. Fixed costs include supervisory salaries, depreciation and other fixed costs. Direct material cost per unit, direct labour cost per unit and manufacturing overhead cost per unit should be multiplied by the budgeted units per month.                      

7 0
2 years ago
Which of the following statements is CORRECT? a. The advantage of the basic earning power ratio (BEP) over the return on total a
leonid [27]

Answer: The advantage of the basic earning power ratio (BEP) over the return on total assets for judging a company's operating efficiency is that the BEP does not reflect the effects of debt and taxes

Explanation:

a. This is correct.

The advantage of basic earning power ratio over the return on the total assets for judging a firm's operating efficiency is that the basic earning power does not reflect effects of debt and taxes.

b. This is incorrect.

Only the price/earnings ratio of the company will tell us nothing about a company. When we compare the price/earnings of a company with the peers, we would know whether such company is under valued, or over valued or maybe fairly valued.

c. This is incorrect.

The total assets is made up of total liabilities plus the shareholders equity, when other things are held constant, less debt simply means less liabilities. To balance both sides, the total assets should reduce as the shareholder's equity is constant. When total assets decreases, the return on the assets will increase.

d. This is incorrect.

We can reach a conclusion on which firm is better managed based on the facts given. The debt ratio is the total liabilities divided by total assets, and a lower ratio is known to be good in comparison to a higher ratio. Similarly, the profit margin is the profit divided by the sales, and low profit margin shows high expenses and also a need for the management to decrease the expense.

3 0
2 years ago
Franklin Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Un
OlgaM077 [116]

Answer:

The price per share using MM Proposition I is $38,40

The value of the firm under each of the two proposed plans is $7,104,000

Explanation:

In order to calculate the price per share using MM Proposition I we would have to use the following formula:

share price=Debt/Difference in number of shares

share price=1,920,000/(185,000-135,000)

share price=$38,40

The price per share using MM Proposition I is $38,40

In order to calcuate the value of the firm under each of the two proposed plans we would have to calculate the following formulas:

All equity plan=share price×number of shares

All equity plan=185,000×$38,40

All equity plan=$7,104,000

Levered plan=share price×number of shares+debt

Levered plan=115,000×$20.59+$175,000

Levered plan=$7,104,000

The value of the firm under each of the two proposed plans is $7,104,000

7 0
2 years ago
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