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VARVARA [1.3K]
2 years ago
8

Brendan wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles around."

The locals agreed that the food was good. They also agreed that if you decided to eat there, be prepared to wait. Food preparation and service were slow. Although Brendan's motto stated the business's competitive advantage, your accurate advice to Brendan would be ______
Business
1 answer:
sattari [20]2 years ago
3 0

Answer:

that the winning competitive advantage is one that addresses quality and service.

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question the best accurate advice to Brendan would be that the winning competitive advantage is one that addresses quality and service. This is because in order to be successful you need to cater to the customers wants and needs (such as fast food delivery, and prompt attention) as well as having a great product.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Deep water can _____.
kobusy [5.1K]
The answer is D because if u were in a flood it would mess up ur car
5 0
2 years ago
Read 2 more answers
Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with
vfiekz [6]

Answer:

Total equivalent units 56,700

Explanation:

<em>Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work. </em>

To compute as  

Equivalent Units = Degree of completion (%) × units

We will assume the company uses weighted average method of accounting for work-in progress.

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

Completed units = opening inventory + transferred in - closing inventory

                           = 2,600 + 62,500 - 21,000 = 44,100

Items                        Units                                         Equivalent unit

Completed units    44,100          44,100× 100% =    44,100

Closing inventory   21,000        21,000 ×60% =      <u>12,600 </u>

Total equivalent units                                               <u> 56,700 </u>

7 0
2 years ago
On march 15, morgan corporation paid $1,000 to buy a one-year insurance policy that will expire exactly one year after the date
shtirl [24]
Yes. It will only affect the asset portion of the company's balance sheet.

When the company buys the one-year insurance policy, the journal entries will be:
                
                                                  Debit            Credit
Prepaid insurance                     1,000
              Cash                                                 1,000

When the insurance expires after a year, the journal entries will be:
Insurance Expense                   1,000
               Prepaid Insurance                            1,000

Note:
Prepaid Insurance and Cash are both found in the assets section of the balance sheet.
Insurance Expense is found in the Income statement of the company and not in the balance sheet.
3 0
2 years ago
Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soa
Fiesta28 [93]

Answer and Explanation:

The computation is shown below:

1. Return on investment

As we know that

Return on investment = Operating income  ÷ Average total assets

Particulars    Soap Products              Skin Lotions                 Hair products

Return on investment  5.41%              8.32%                            9.08%

($3,244,000 ÷ $59,994,000)  ($2,744,000 ÷ $32,994,000)  ($4,994,000 ÷ $54,994,000)

2. Residual income

Residual income = Operating income - (Average total assets × Minimum desired rate of return)

Particulars    Soap Products              Skin Lotions                 Hair products

Return on investment  $244,300       $1,094,300                 $22,443,000

{$3,244,000 - ($59,994,000 × 5%)}  {$2,744,000 - ($32,994,000 × 5%)}  {$4,994,000 - ($54,994,000 × 5%)}

3. EVA

EVA = Operating income - (Average total assets × Cost of capital)

Particulars    Soap Products              Skin Lotions                 Hair products

Return on investment  $844,240    $1,424,240                   $2,794,240

{$3,244,000 - ($59,994,000 × 4%)}  {$2,744,000 - ($32,994,000 × 4%)}  {$4,994,000 - ($54,994,000 × 4%)}

3 0
2 years ago
It is election day and 1800 voters vote in their precinct’s library during the 10 hours the polls are open. On average, there ar
lorasvet [3.4K]

Answer:

Inventory = 15 voters

Flow rate = 3 voters per minute

Flow Time = 5 minutes

Explanation:

Flow rate is defined as the flow of units for each minute, or the minutes or each unit.

Here, number of voters is the units = 1,800 voters

Also provided number of hours = 10

Thus, flow rate shall be:  1,800/10 = 180 voters each hour

Now \frac{180}{60\ minutes} = 3 voters per minute.

Flow time is the average time by each unit, that is time taken for each unit.

Flow time = 5 minutes

Now, that we know what flow rate and flow time is:

Inventory of voters = Flow rate \times Flow time = 3 voters \times 5 minutes = 15 voters.

5 0
2 years ago
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