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2 years ago

To help maintain a competitive advantage, the emphasis for most companies is on _____.

1 answer:

5 0

To help maintain a competitive advantage, the emphasis for most companies is on internal resources. Internal resources can create a competitive advantage. It is very advantageous when the internal parts of a business is strengthen.

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Lay Perfect Pillow Company sells specialty pillows and accessories to customers. Its fiscal year ends on December 31. The follow

Annette [7]

Answer and Explanation:

The preparation of the following statement is

Cash Basis Statement Accrual Basis Statement

Income Statement Income Statement

Revenues Revenues

Cash Sales $500,000 Sales to Customers $750,000

Customer Deposits $70,000

Total $570,000 Total $750,000

Expenses Expenses

Inventory Purchase $90,000 Cost of Sales $485,000

Wages Paid $180,300 Wages expense $184,000

Utilities paid $17,200 Utilities expense $19,130

Total $287,500 Total $688,130

Net Income $282,500 Net Income $61,870

3 0

2 years ago

A company owns an empty office building and is deciding how to use it next year. It would cost $100,000 to staff the office and

Galina-37 [17]

Answer:

It is more profitable to rent the office. Income will increase by $30,000

Explanation:

Giving the following information:

It would cost $100,000 to staff the office and $15,000 for equipment. The revenues would be $160,000.

Rent= $75,000 in revenues.

We need to calculate the most profitable decision:

Option A:

Income= 160,000 - 100,000 - 15,000= 45,000

Option B:

Rent= 75,000

It is more profitable to rent the office.

5 0

2 years ago

Choosing firm goals for your business

meriva

A. allows you to diversify as opportunities develop.

4 0

2 years ago

Read 2 more answers

The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbi

aliya0001 [1]

Answer:

The answer is yes, it will function as a medium of exchange.

Explanation:

Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged

In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.

Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.

3 0

2 years ago

The author argues that Coca-Cola and General Motors sponsor sports for reasons that go beyond the desire to boost short-term sal

kicyunya [14]

Explanation:

Coca-Cola and General Motors are outstanding examples of using sponsorship as an effective tool to use sports to deliver cultural messages through their promotional activities sponsoring many small, regional sports teams and cultural events all around the world at schools, which goes far deeper than simply juxtaposing logos in return for investment. They have a strong history of investing their resources to create events that bring the spirit of sports to cities around the world, and support athletes and teams, connecting with teens in an interesting and fun way, so they can use their power as a brand to encourage participation in sports.

These companies are committed to providing social value through its sponsorships strategy to be measured on a much broader level that includes the positive social impact it makes and the brand associations that it brings.

7 0

2 years ago