Answer:
Net Income 186,900
Explanation:
sales 730,000
variable cost
40% of sales
40% of 730,000 = (292,000)
Selling expense (81,000)
Administrative expense (90,000)
Earnigns before taxes 267,000
income tax expense
30% of EBT
30% of 267,000 = (80,100)
Net Income 186,900
Answer:
value we place on this house when analyzing the option of using it as a professional office is $225000
Explanation:
Given data
house cost 4 year ago = $219,000
house valued = $239,000
real estate fees = $14000
property taxes = $4,000
to find out
What value should you place on this house
solution
we know if we sell house we should pay real estate fee
so we get need money to place is present cost - real estate fees
so cost will be
cost = house valued - real estate fees
cost = 239000 - 14000
cost = 225,000
so value we place on this house when analyzing the option of using it as a professional office is $225000
Answer:
As this example illustrates, companies like Netflix must engage in <u>ONGOING STRATEGIC PLANNING</u> to remain relevant and competitive in the ever-changing environment of technology advancements, social trends, and legal regulations.
Explanation:
When a company develops a strategic plan, management is setting the business direction of the company. This means setting up a long term plan for the company to follow, but strategic plans cannot be fixed.
Strategic planning must always be an ongoing and fluid process, since markets are not static, nor your competitors will just sit around waiting for you to decide what to do. Your competition will constantly try to find ways to increase their market and lower yours, so you must respond accordingly.
In this case, Disney last year launched their own online service and that is going to be tough for Netflix, but if it isn't Disney, ti would be some other company.
The answer to number one would be a
Answer:
b. location clustering near high traffic flows
Explanation:
Proximity to customers is a major consideration when deciding on a business location. A business situated in areas with many potential customers has a high probability of succeeding. Restaurants are usually strategically situated in places with heavy customer flow.
Restaurants may be established near offices, in market places, near public transport terminus, or other location convenient to customers. With time, customers tend to associate that particular building, area, or street with restaurants. As the area becomes synonymous with restaurants, more customers will visit it, leading to more restaurants to open in that locality.
