Answer:
B) price.
Explanation:
Burberry's strategy in this case is based on price reduction. They aim to provide cheaper luxury goods to customers in the United States.
Their value proposition is that their luxury products are more expensive the Coach but cheaper than Prada (not too cheap and not too expensive).
This strategy is aimed both at gaining luxury customers that want a cheaper alternative, and get new customers that want to enter the luxury goods market but don't have enough money to buy the expensive ones.
Answer:
5.139%
Explanation:
P(Xi) = Probability of event Xi
E(X) = Expected value of X
The expected value of this investment is the weighted average of the possible returns:
The standard deviation of this investment is:
This investment has a standard deviation of 5.139%.
Answer: a. $39,304
Explanation:
Let us begin by calculating the yearly phone bill.
$63 per month so that is
= 63*12
= $756
A total of $756 per year is spent on the company phone.
Kailynn buys 4 sample kits at $235 per kit.
= 235*4
= $940 in total for the kits last year.
Add the two figures to get her total expenditure from the company.
=940+756
= $1696
Subtract this from her total job benefits,
=$41,000 - $1696
= $39,304
$39,304 was her total employment compensation.
ANSWER: 57.5%
Debt to assets ratio:
= Total Liabilities / Total Assets
Given:
Cash $20,000
Accounts Receivable $80,000
Inventory $50,000
Net Plant and Equipment $250,000
Total Assets: $400,000
Accounts Payable $40,000
Accrued Expenses $60,000
Long Term Debt $130,000
Total Liabilities: $230,000
Computation:
= $230,000 / $400,000
= 57.5%
The interpretation of the figures shown is that 57.5% of the total assets are financed by the creditors of company instead of investors being funded by borrowing compared as how much was funded by the investors.
Generally, 40℅ ratio or lower is considered as a good debt ratio. Above than 60℅ ratio is said as poor ratio, because of the risk that the company will not be able to generate cash flows to finance and pay its debts.
Therefore, TEW Company has a normal and efficient ratio of 57.5% and is able to pay its debts.
Answer:
B. Debit Vacation Benefits Expense $1,500; credit Vacation Benefits Payable $1,500
Explanation:
Lets consider all the other options to eliminate them from our choice
Option A: The entry provided debits the vacation benefits expenses and credits the prepaid vacation benefits. The liability for the vacation credit earned by the employees during the month needs to be recorded so this is not an adjustment of an advance vacation benefit.
Option C: The required entry has nothing to do with taxes so not relevant.
Option D: The entry is to record the liability for vacations earned by the employees so an expenses has to be recorded.
Option E: The option reduces the liability and reduces the expenses which is against the requirement of the question
