Answer: Create a new domestic product for their new market.
Explanation:
In order for Fun Food Inc to break into the new country market they need to form a new product that would seem domestic to the consumers in the new country they intend to sell to. This new product would attract the consumers attention in that country as it would act as alternative to the other snacks that they are used to consuming.
<span>The value of $70.00 invested each year for five years, at an annual interest rate of 3% is as follows, and assumes the interest is left in the account at the end of each year.
Principal Interest balance at end of year
Year 1 $ 70.00 $ 2.10 $ 72.10
Year 2 $142.10 $ 4.20 $146.30
Year 3 $216.30 $ 6.49 $222.79
Year 4 $292.79 $ 8.79 $301.58
Year 5 $371.58 $11.14 $382.72 - final value at the end of five years</span>
Answer:
Explanation:
The classified balance sheet comprises of the assets, liabilities, and stockholder equity. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.
The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:
Answer:
The answers are:
A) 4.23 years
B) 1.08 years
C) Off course I would recommend Dave and Ellen to install these safety items, not only because they save money but also because they are very useful.
Explanation:
The cost of the deadlocks including installation is $110 for each exterior door ($220 total). The cost for installing smoke detectors is $24 for each floor ($48 total).
The discount that Dave and Ellen can get is
- $52 per year for installing the deadlocks
- $26 per year for installing the smoke detectors
A) It will take Dave and Ellen 4.23 years ($220/$52) to recover the money spent on the deadlocks.
B) It will take Dave and Ellen 1.08 years ("26/$24) to recover the money spent on the smoke detectors.
Answer:
horizontal; vertical
Explanation:
A merger is called horizontal if the company takes a competitor. This will result in the company taking the current market share of the competitor and widen its operational range, thus its called horizontal.
A merger will be called vertical if the company joins with the supplier or retailer. Its called vertical since the two businesses located at the different production stages (either on top or bottom). This will help them become more efficient in making or delivering their product, help them to decrease the cost of production.
