Answer:
c.Product customization
Explanation:
What is Product customization?
Its a type of strategy that companies implement to attarct more customers. It usually implies the modification of designs, uses and/or characteristics of their items to satisfy the customer’s needs or desires.
This policy has the benefit of giving the company the opportunity to stand out from the competitors by fine-tuning items and services. Therefore the company gains a bigger portion of market share
In this case, KFC, altered their global formula in order to gain more acceptance in the Japanese market
Answer:
The amount of the firm's net fixed assets is $4,321
Explanation:
Profit margin = Net income/ Sales
Net income = Profit margin x Sales = 9.30% x $5,120 = $476.16
ROE = Net Income/Equity
Equity = Net Income/ROE = $476.16/16.90% = $2,818
Long-term debt ratio = Long-term debt/Equity
Long-term debt = Long-term debt ratio x Equity = 0.6 x $2,818 = $1,691
Basing on accounting equation:
Total asset =Current Liabilities + Long-term debt + Equity = $940 + $1,691 + $2,818 = $5,449
Current ratio = Current asset/Current Liabilities
Current asset = Current ratio x Current Liabilities = 1.2 x $940 = $1,128
Fixed assets = Total asset - Current asset = $5,449 - $1,128 = $4,321
Answer:
$204,080
Explanation:
The computation of operating cost is shown below:-
operating cost if occupy 55%
Cost on (800 × 90%)
= 720 units is $220,040
Cost on (800 × 80%)
= 640 Units is $215,480
Variable cost per unit = Changes in total cost ÷ High activity-Low activity
= ($220,040 - $$215,480) ÷ (720 - 640)
= 4,560 ÷ 80
= 57 per unit
Fixed cost = Total cost - Variable cost
= $220,040 - (720 × 57)
= $179,000
Cost equation:
Total cost = Fixed cost + Variable cost per unit
Y = $179,000 + 57X
Y = $1790,00 + (57 × 440)
Y = $204,080
Answer:
Please find the income statement below;
Explanation:
<u>Single step Income statement</u>
Revenues
Net sales 2,419,200
Interest revenue 39,300
<em>Total revenues 2,458,500</em>
Expenses
Cost of goods sold 1,464,600
Admin. expenses 216,400
Selling expenses 294,800
Interest expense 46,000
<em>Total expenses 2,021,800</em>
<em><u>Net Income </u></em><em> </em><u><em>436,700</em></u>
Answer:
The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)
Explanation:
What is express warranty?
An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:
Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.
Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.
Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.
An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.
