Answer:
C. Diversification
Explanation:
Diversification is the process of a business enlarging or varying its range of products or field of operation.
Answer:
$33,648.57
Explanation:
The computation of Required deposit today is given below:-
For computing the required deposit today first we need to find out the present value
Present value of 1 = (1 + i)^-n
= (1 + 0.02)^-20
= 0.67297133
Where, i = 8%/4
= 0.02
n = 5 × 4
= 20
Required deposit today = Future value × Present value of 1
= $50,000 × 0.672971
= $33,648.57
Answer:
Increases the number of surprises faced by the market concerning the company's stock.
Answer:
Accrued Loss on Purchase Commitments $2,000,000
Explanation:
December 31, (recognition of loss on purchase commitments)
- Dr Loss on Purchase Commitments account 2,000,000
- Cr Accrued Loss on Purchase Commitments account 2,000,000
Since the price of raw materials lowered by 2,000,000, the company lost money on its purchase commitments:
Purchase commitments loss = contracted price - market value = $5,000,000 - $3,000,000 = $2,000,000
The loss on purchase commitments is an expense, and accrued loss on purchase commitments is a liability.
Answer:
a) Haute Mexican-To serve the customers seeking a fine dining experience, Maria opens an upscale, stand-alone, expensive restaurant serving haute cuisine. STAGE 3 - MATURITY PHASE (STRONGLY ESTABLISHED, HIGH PRICE)
b) Joe's Burrito Box-Recognizing an opportunity to sell low-price, no-frills lunches, Joe's Burrito Box sells boxed burrito lunches out of a mobile cart on Main Street. STAGE 1 - ENTRY PHASE (PENETRATIVE WITH LOW MARGINS)
c) Maria's Taco Stand-First to introduce Mexican food to the market, Maria opens a no-frills taco stand offering budget meals. STAGE 1 - ENTRY PHASE (PENETRATIVE WITH LOW MARGINS)
d) Maria's Mexican Restaurant-As Maria's Mexican food grows in popularity, Maria opens a restaurant in the local mall. The restaurant offers a wider menu, sit-down dining, and higher prices. STAGE 2 - GROWTH PHASE (SOMEWHAT ESTABLISHED, HIGHER MARGINS)
