Answer:
Explanation:
The person who spoke says that, if the the brand is very huge, (so also it will have a huge baggage ), by this , the force that will be needed to change its positioning will be high. An example is companies like
Unilever, P&G like to keep all the brands they have differently like Pringles and cornflakes and another example is companies like Hoover found it very hard to convince the world that they were more than vaccum cleaners as a brand.
Answer:
Explanation:
a)
Year percentage increase
2011 21.21162
2012 14.35054
2013 20.62696
b) Assuming C1 is the domestic currency, an increase in E will cause price of C2 in term of C1 to; Decline
c) If the value of e decrease, given that E is increasing, then Country Y would be experiencing a lower rate of inflation compared to Country X
d) if foreign goods are relatively less expensive compared to the domestic goods and assuming that the nominal exchange rate of the currencies is equity, then there is disparity in the real exchange rate.
Answer:
The ledger of Metlock, Inc.
March 31 Adjusting Entries
Sr. No Particulars Debit Credit
1 Depreciation Expense $1092
Accumulated Depreciation $ 1092
Depreciation for 3 months = $364*3= $ 1092
2. Unearned Rent Revenue 8060
Rent Revenue Earned 8060
Half of the unearned rent revenue was earned during the quarter.
3. Interest Expense $130
Interest Payable $ 130
Interest of $520 is accrued on the notes payable. For the quarter it will be
$ 520/4-=$ 130
4. Supplies Expense 2885
Supplies 2885
Supplies on hand total $1,105. Supplies were $ 3900. The amount of supplies used were $ 3900- $ 1015= $ 2885
5. Insurance Expense $1560
Prepaid Insurance $ 1560
Insurance expires at the rate of $520 per month. For the three months it would be $ 520* 3= $1560.
<u>Calculation of Return on Equity:</u>
Return on Equity can be calculated using the following formula:
Return on Equity = Net Income / Equity
We can calculate net income using the following formula:
Net Income = Sales * Profit Margin = 3650*5% = $182.50
And we can calculate Equity using the following formula:
Equity = Total Assets * (1-Total Debt ratio) = 3350*(1-41%) = $1976.50
Now Finally,
Return on Equity = Net Income / Equity = 182.50 / 1976.50 = 9.23%
Hence the return on equity is <u>9.23%</u>
Answer:
The answer is C. longer inventory sits on the firm's shelves
Explanation:
The Inventory turnover is the number of times inventory is sold or used during a given period of time.
The formula is:
cost of goods sold/average inventory.
A lower inventory turnover means weak sales(declining sales) and excess inventory remaining in the warehouse while a higher inventory turnover means it is taking a firm short time to sell its goods(inventory)
