Which are the factors of the substitute product that pose a great threat in the industry environment?
A. Preferences and tastes of the customers easily change.
B. The buyer has the potential for backward integration.
C. The cost of switching the supplier cost is minimal.
D. Product differentiation is highly noticeable.​

Answers

Answer 1

A. The main factors of the substitute product that pose a great threat in the industry environment are the preferences and tastes of the customers easily changing, and the buyer having the potential for backward integration.

Preferences and tastes of customers can easily change due to the availability of different alternatives in the market. This leads to customers switching to other substitutes which can be a threat to the industry environment.

Moreover, the buyer has the potential for backward integration which means they can start producing the product themselves, thus eliminating the need to buy from other suppliers.

This can reduce the supplier’s bargaining power and lead to higher competition in the market. The cost of switching suppliers is also very minimal in the market due to the availability of substitutes. This makes it easier for customers to switch suppliers in search of better deals.

Product differentiation is also highly noticeable in the market, as customers are looking for differentiating factors in the product to select the one most suitable for their needs. This can be a threat to the industry environment as it can cause customers to switch to other substitutes.

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Related Questions

An additional cost that is incurred only if a particular action is taken is a(n):

A. Period cost

B. Pocket cost

C. Discount cost

D. Incremental cost

Answers

An additional cost that is incurred only if a particular action is taken is an d) Incremental cost.

The incremental cost is an additional cost that is incurred only if a particular action is taken. For example, if a company wants to expand its production capacity, it may need to purchase additional equipment or hire more employees, which would be incremental costs.

These costs are important to consider when making decisions about whether to take a particular action because they can have a significant impact on the overall profitability of the project.

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an excise tax placed on cereal is more likely or less likely to be passed on to consumers than an excise tax on wireless phone and data services? why or why not?

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An excise tax placed on cereal is more likely to be passed on to consumers than an excise tax on wireless phone and data services.

The main reason for this is that cereal is a staple good, meaning it is a necessary item for many people and there is a relatively inelastic demand for it.

This means that consumers are less likely to change their consumption habits in response to a price increase, and thus the producer can pass on the cost of the tax to the consumer.

On the other hand, wireless phone and data services are considered luxury goods, meaning that there is a relatively elastic demand for them. This means that consumers are more likely to change their consumption habits in response to a price increase, and thus the producer is less likely to pass on the cost of the tax to the consumer.

Additionally, there may be a lot of competition in the market for wireless phone and data services, further decreasing the ability of a producer to pass on the cost to the consumer.

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assume that honduras has a comparative advantage in producing bananas and exports bananas to brazil. we can conclude that a. honduras also has an absolute advantage in producing bananas relative to brazil. b. honduras has a lower opportunity cost of producing bananas relative to brazil. c. brazil has an absolute disadvantage in producing bananas relative to honduras. d. labor costs are higher for banana producers in brazil than in honduras.

Answers

Compared to Brazil, Honduras has a lower opportunity cost for banana production.

What is banana production?

A significant segment of the worldwide industrial agrobusiness is the banana sector. In order to supply Western nations with bananas, about 15% of the world's total crop is exported or traded internationally.

In the Americas, mostly, they are cultivated on banana plantations. From the time a banana bulb is planted until the fruit is harvested, it usually takes nine to twelve months.

Bananas do not grow from seeds but rather from bulbs or rhizomes. Sixth or seventh month is when the banana flower blooms. Bananas are available all year round in contrast to other fruits like apples, which have a growth season.

The second-largest fruit crop in India after the mango is the banana (Musa sp.).

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Which of the following represents the formula to compute the total units to produce in the production budget

Answers

The unit cost formula would be applied. Cost per unit is calculated as follows: Cost per unit = variable cost + fixed cost / number of units produced.

How do you calculate total unit cost?

The entire number of units produced is divided by the total cost, which is calculated by adding the variable and fixed costs. You may easily determine equivalent units by multiplying the quantity of physical goods by the amount of work done on them. You would have one comparable unit (2 x 50% = 1) for two items that are 50% complete. When all of the components are finished, the quantity of equivalent units equals the quantity of the physical components. In order to calculate the average total cost, the total cost of production is divided by the total amount paid in money. The total-cost formula is a simple and user-friendly process that works by dividing the total cost of production by the quantity of goods produced.

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Which of the following statements is correct? Why?
a. One disadvantage of dividend reinvestment plans is that they increase transactions costs for investors who want to increase their ownership in the company.
b. One advantage of dividend reinvestment plans is that they enable investors to postpone paying taxes on the dividends credited to their account.
c. Stock repurchases can be used by a firm that wants to increase its debt ratio.
d. Stock repurchases make sense if a company expects to have a lot of profitable new projects to fund over the next few years, provided investors are aware of these investment opportunities.
e. One advantage of an open market dividend reinvestment plan is that it provides new equity capital and increases the shares outstanding.

Answers

Answer:

C. Stock repurchases can be used by a firm that wants to increase its debt ratio.

Explanation:

along with certification, what may some organizations require from an individual that is often referred to as performance-based certification?

Answers

along with certification, what may some organizations require from an individual that is often referred to as performance-based certification-task book.

Some organizations may require individuals to pass a skills assessment or performance evaluation, in addition to certification, as part of a performance-based certification process. This is to ensure that the individual has the necessary knowledge and skills to perform a specific job or task.Setting goals is aided by using a SMART objective. SMART, or Specified, Observable, Achievable, Realistic, and Timely, is an acronym. In the area of teaching, manipulatives are tangible teaching aids that involve pupils physically and visually via the use of items like coins, blocks, problems, markers, etc. The use of instructional strategies is constructivist since it involves students actively participating in their own learning. According to Firehouse.com, the origins of firefighting traditions may be found in ancient Rome, where Augustus Caesar established the Familia Publica, the earliest known firefighting organisation, in 23 B.C.

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BoTeck is a full-service technology company. It provides equipment, installation services, and training services. Customers can purchase any product or service separately or as a bundled package. On May 3, Box-Rite Corporation purchased computer equipment, installation, and training for a total cost of $120,000. Estimated stand-alone fair values of the equipment, installation, and training are $75,000, $50,000, and $25,000 respectively. The journal entry to record the sale and installation on May 3 will include Select one:

Answers

Journal entry for may 3 is equipment a/c debit to bank a/c $120,000

In order to document a business transaction within the financial records of the company, a journal entry is employed. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward to the general ledger after being summarised. After then, the control account is utilised to produce the company's financial statements. The official record of the business, a journal contains all transactions in chronological order. Although many businesses today record journal entries using accounting software, journals were once the most common way to do so.

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which issue best characterizes the years leading to the second world war?

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The phrase that best describes the years leading up to the Second World War is "The Rise of Dictators and Totalitarian States."

The Second World War, sometimes known as World War II or just World War II, lasted from 1939 to 1945 and was a worldwide battle. All of the major nations of the globe, including all of the superpowers, participated in the war as members of the Allies and the Axis, two military coalitions that opposed one another (lead by Germany, Japan, and Italy). The line between civilian and military resources was blurred as many parties pushed their economic, industrial, and scientific powers behind an all-out conflict. Aircraft played a significant part in the only two nuclear bombs ever deployed in a conflict as well as the strategic bombardment of populated centres.

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the leadership approach that defines the leader's role as serving the needs of others is called: question 14 options: lmx authentic leadership servant leadership transformational leadership

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Servant leadership approach defines the leader's role as serving the needs of others.

What is transformational leadership theory?A leadership style known as transformational leadership affects both social systems and individual behaviour. In its optimal state, it brings about significant and constructive change in the followers with the ultimate objective of transforming followers into leaders. While transactional leadership focuses on getting things done, transformational leadership creates a vision and motivates employees to go above and beyond. The philosophy behind servant leadership is the desire to give back to and serve your community. By prioritising the needs of others, you enable people to give their best work. The "four I's"—idealized influence, inspiring drive, intellectual stimulation, and individual consideration—are the four components of transformational leadership.

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if a firm successfully builds brand loyalty for its products, what happens to the elasticity of the product?

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Marketing and brand recognition are important factors in demand's price elasticity. Customers that have a strong brand loyalty may choose for the more expensive alternative when evaluating similar products at different price points.

What effect does demand have on brand loyalty?

Customers with high brand loyalty increase their brand and product purchases when brand advertising for a class of frequently purchased products rises. Little consumers switch from competing brands to the advertised brand. Low degrees of loyalty have minimal effect.

What effect does product marketing have on brand loyalty?

Customers not only continue to use the same brand, engage with it, and make purchases from it, but they also associate it with good things. Brand loyalty is mostly determined by how your brand is seen by customers, as well as by how it behaves and upholds certain ideals.

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True or False, non-record materials can be comingled with official agency records.

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The statement is True. Non-record materials can be comingled with official agency records because they are not considered official records and do not need to be preserved for a specific period of time.

Non-record materials are items that do not need to be retained for any specific period of time and can be discarded when they are no longer needed. Examples of non-record materials include duplicate copies, drafts, and personal papers.

They may include emails, documents, and other materials that are used for reference or informational purposes, but not for the conduct of agency business. It is a good idea to maintain duplicate records in different locations for ease of access.

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hoa dues for a neighborhood are $2,460 per year. the seller paid for the current year's dues at the beginning of the year. the buyer takes possession of the property with exactly 3 months left in the year. how much will the buyer owe the seller in prorated hoa dues?

Answers

The buyer owes $615 to the seller in prorated hoa dues. Divide $2,460 by 12 and then multiply by it 3, you'll get the desired result.

What does the term "seller" mean?

A person who provides a good, service, or asset in exchange for money is referred to as a seller. A seller may be a person, business, governmental body, or other type of organization. A seller is a party who offers an asset they own or hold for sale to another party in the financial markets.

Who or what is the seller?

Seller and Buyer- A buyer is defined as someone who buys or has contracted to buy goods in Section 2(1) of the Act. A buyer is one of the parties to the contract because a sale is a contract between two parties. The Act's section 2 defines "seller" (13). A seller is someone who has made a deal to sell something.

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select the correct answer from the drop-down menu. andre bought 100, $10 stocks at a market price of $50. the company declared a dividend of 10%. what was the dividend amount andre earned? andre earned $ in dividends.

Answers

The dividend was $100, which andre received.

What Is a Dividend on Stock?

In contrast to cash dividends, stock dividends are payments made to shareholders in the form of new shares.

Each existing share gets paid a fraction of the distributions. For instance, if a business declares a 5% stock dividend, it will issue 0.05 shares for each share that a shareholder owns. Five more shares would be given to the holder of 100 shares.

A corporation may distribute a stock dividend when it wishes to reward its investors but either lacks the extra funds or would prefer to keep them for other purposes. The benefit of the stock dividend is that it rewards shareholders without dipping into the company's cash reserves.

Calculate:

Let us list down first the given.

100 $10 stocks at a market price of $50

declared divedend is 10%

Let us multiply 100 with $50-- that makes up $5000 for the 100 $10 of stocks.

the declared divedend is 10%, so we will get the 10% of $5000.

>change 10% into decimal number by dividing 10 by 100. The quotient would be 0.10.

$5000 x 0.10  is $500.

Therefore, Andre earned $500 in dividends.

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s. wang and t. wu are partners with equal capital balances of $50,000 each. they agree to let j. li invest $20,000 in their partnership for a 10% interest, including bonuses to the existing partners. the journal entry to reflect the bonus to wang will include a credit to in the amount of . multiple choice question. wang, capital; $8,000 cash; $4,000

Answers

Option 5 will be correct answer. The journal entry to reflect the bonus to Wang will include a credit to Cash in the amount of $4,000.

Solution of the question:

50,000+50,000=100,000. + 20,000 =$120,000. $120,000x. 10=$12,000new $20,000-12,000=$8,000 divided equally between Wang and Wu = $4000 each.  The bonus technique is used to provide additional capital to a new partner in a collaboration when the person brings goodwill or another intangibles to the partnership. Any favourable difference between both the capital amount conferred and the new partner's tangible asset contribution is documented in the original associates' capital accounts using the partners' normal profit and loss allocation method. If the capital amount given is less than the physical commodity donation, the distinction is allocated to the inbound partner. Whenever a new partner has an abnormally high level of experience that is expected to benefit a partnership, the bonus method is particularly common.

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Complete question:

S. Wang and T. Wu are partners with equal capital balances of $50,000 each. They agree to let J. Li invest $20,000 in their partnership for a 10% interest, including bonuses to the existing partners. The journal entry to reflect the bonus to Wang will include a credit to _______ in the amount of ______.

Wang, Capital; $8,000Cash; $5,000Wang, Capital; $5,000Wang, Capital; $4,000Cash; $4,000Cash; $8,000

Find the marginal cost function. Then, use this function to estimate how fast the cost is going up if the company produces 100 sets of headphones.?

Answers

The marginal cost function is the derivative of the total cost function. The marginal cost of producing 100 sets of headphones is the rate at which the cost changes as the number of sets produced increases by 1.

The marginal cost function is used to determine the additional cost of producing one more unit of a good or service. In this case, it would show the additional cost of producing the 101st set of headphones. By taking the derivative of the total cost function, we can find the marginal cost function.

Using the marginal cost function, we can estimate how fast the cost is going up as the company produces more sets of headphones. For example, if the marginal cost function is increasing at a constant rate, we can expect the cost to increase at a similar rate as the company produces more sets of headphones.

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refer to exhibit 2-1. the movement from point a to point b is a movement from a. a point with more guns and less butter to a point with more butter and even more guns. b. a productive inefficient point to a productive efficient point. c. a productive efficient point to a productive inefficient point. d. a productive efficient point to another productive efficient point.

Answers

d. a productive efficient point to another productive efficient point. refer to exhibit 2-1. the movement from point a to point b is a movement from a. a point with more guns and less butter to a point with more butter.

and even more guns. b. a productive inefficient point to a productive efficient point. Productive efficiency is the highest amount of things that an economy or corporate unit can generate. This is accomplished by the strategic deployment of limited resources like as money, personnel, equipment, materials, technology, and energy. While governance exists in many sorts of organizations, the term government is frequently used to refer to the approximately 200 autonomous national governments and subsidiary organizations. Productive efficiency states that it is impossible to create more of one good while lowering the quantity of another given the available inputs and technologies.

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When a company produces and sells multiple products

Answers

When a company produces and sells multiple products each product most likely has a contribution margin. which shows the additional revenue incurred from it.

A contribution margin shows the additional revenue received from each additional product made from the company after it's breakeven point.

C=PV is the formula to calculate contribution margin. After you have the raw data, calculating the contribution margin per product is an easy step. Subtract your variable costs per unit from the sales price per unit to arrive at the margin.

While you go forward with the contribution margin only for the WACM calculation, you also can use the information already gathered to determine the contribution margin ratio per product line.

Divide the contribution margin by the sales price when a corporation manufactures and sells many products; each product most likely has a contribution margin. Your margin of contribution is this proportion.

Generating, involving, or providing several goods It's a necessary step when transitioning from a single-product company, which is primarily what Apple has been, to a multiproduct company.

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When a company produces and sells multiple products___________.

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during the current year, creek company incurred the following direct labor costs: january $80,000 and february $120,000. creek uses a predetermined overhead rate of 120% of direct labor cost. estimated overhead for the 2 months totaled $78,000 and $142,800, respectively. actual overhead for the 2 months totaled $100,000 and $134,000, respectively. was overhead under- or overapplied during january and by how much?

Answers

Applied overhead is an example of a direct overhead expense that can be documented using the cost-accounting method.

The term "applied overhead" refers to a predetermined rate that is applied to a specific manufacturing job, product, or business division.

Payroll, accounting fees, advertising costs, rent and utilities, and business licenses are examples of overhead expenses. Direct costs, like those for raw materials or supplies for packaging, are directly related to the product or service you offer, whereas these costs are fairly predictable and constant.

In January, the applied overhead cost was based on the 120 percent predetermined overhead rate:

Since the applied overhead cost is lower than the actual overhead cost of $100,000, there is an underapplied overhead cost of = $100,000 - $96,000 = $4,000.

Applied overhead cost = Predetermined overhead rate x Actual direct labor cost = 120%  $80,000 = $96,000.

$4,000 was not used up.

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which range represents the mutually beneficial terms of trade for the united states and canada? canada offering between 2 and 3 tons of pecans for one ton of cranberries

Answers

And the mutually benefit would occur when these two countries will trade within the limits of opportunity cost between the limit of 0:33 tons and 0. 5 tons of cranbauries.

What is the range of mutually beneficial trade?As long as the trade terms balance the opportunity costs of the two nations, they are advantageous to both parties. For instance, a mutually advantageous deal would be any quantity of medicine more than 1/3 and lower than 1 traded for 1 cotton shirt. Trade that is mutually beneficial and advantageous. Both countries can profit when they trade with one another and grow output in their areas of comparative advantage. A helpful tool for visualising this advantage is the production possibilities frontier. In order for the terms of commerce to be advantageous to both countries, the two opportunity costs must be compared, and a number that falls between them is chosen.

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what is the value of a property with a net operating income of $175,000 and a capitalization rate of 7.5%?

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The value of a property can be calculated using the formula: Value = Net Operating Income / Capitalization Rate. This means that the property is worth $2,333,333 given a net operating income of $175,000 and a capitalization rate of 7.5%.

It's vital to remember that the capitalization rate is utilized to determine a property's value by making an investment assumption about the rate of return. Using a different cap rate may result in a change in the property's value. Additionally, if the net operating revenue fluctuates, so does the property's value. A ratio called the capitalization rate (cap rate) is used to calculate the worth of a property, usually an income-producing asset like an apartment complex, office building, or shopping mall. The net operating income (NOI) of the property is divided by the acquisition price of the property to determine the cap rate.

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shirts are the flow unit in a process with two sequential resources. the capacities of the resources are 15 and 0.8 shirts per second. demand occurs at the rate 0.96 shirts per second. instruction: round your answer to one decimal place. what is the utilization (%) of the second resource?

Answers

55.1%   is the utilization (%) of the second resource .

What is utilization ?

Utilization is the percentage of an employee's available time that is spent on productive, billable work. Employers need to closely monitor a worker's utilization rate as a key performance indicator.

What is the use formula?

According to the following equation, the utilization rate is calculated: Billable Utilization% = (Number of Billable Hours / Number of Available Hours) X 100%. One of the most significant Key Performance Indicators (KPIs), it is tracked by practically all professional services companies. Typically, it is stated as a percentage.

                             Your credit utilization rate, for instance, would be 50% if you had a load of $5,000 on one credit card and had a combined credit limit of $10,000 on both.

process flow rate = min (demand,capacity) [ process capacity = bottleneck resource 1 capacity = 0.38 per second)

=min(0.54,0.38) = 0.38 per second

utilization of second resource = (process flow rate/seconnd resource capacity)*100 = (0.38/0.69)*100 = 55.07246377%

= 55.1% (rounded to 1 decimal place)

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The International Accounting Standards Committee issued International Accounting Standards (IAS), whereas the International Accounting Standards Board currently issues
O General Guidelines for Global Reporting.
O International Financial Reporting Standards.
O International Accounting and Auditing Standards.
O Globally Accepted Accounting Principles.

Answers

The International Accounting Standards Committee issue2 Standards whereas the International Accounting Standards Board currently issues International Financial Reporting Standards.

The International Accounting Standards Board (IASB) created a set of accounting standards known as the International Financial Reporting Standards (IFRS). The goal of the IFRS is to offer a set of uniform accounting standards that businesses all over the world can use to create comparable, transparent, and reliable financial statements.

The International Accounting Standards Board, which is acknowledged as the international agency for regulating accounting, publishes the International Financial Reporting Standards (IFRSs). Due to the existence of the U.S. GAAP approach, IFRS is not as frequently used in the United States. The Financial Accounting Standards Board is the organisation that publishes this.

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End of Chapter Problem Indicate whether each of the following is part of M1, M2, both, or neither: $95 on your campus meal card $0.55 in the change cup of your car $1,663 in your savings account $459 in your checking account 100 shares of stock worth $4,000 A $1,000 line of credit on your Sears credit card

Answers

Historically, a campus has been the area of land on which a university or college is situated, together with any related institutional structures. Typically, libraries are found on university campuses.

What is based on a campus?

The more typical college experience, particularly for bachelor's degrees, is a campus-based one. Students can reside on campus, take part in extracurricular activities like athletics.

(Purpose-specific; not redeemable for cash) Both ($95 on your meal plan at the university)

A $27.50 check from a friend; B. $0.55 in your car's change cup; C. $1,663 in your savings account; D. $459 in your checking account; E. $0.55 in your car's change cup; F. $150,000 in a time deposit; and G. $0.55 in your car's change cup. M2 is calculated by dividing $2,000 by 50 shares of stock. None of them are similar to the $1,000 credit limit on your credit card (credit card). neither (credit card) (credit card) card redit

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boris is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to the volume he will sell monthly. he researched his competition, talked to some customers, and decided on prices he will charge. boris has also developed a plan for promoting his business. based on this description, which element of the marketing mix does boris still need to work on?

Answers

In the marketing mix, the product is the most crucial component. In order to develop a comprehensive marketing programme, the marketing manager must arm himself with knowledge of the four pillars of marketing.

What is the element of market mix?Product, Price, Place, and Promotion were the original four of these factors; later, People, Packaging, and Process were added. These are now regarded as the "7 P's" mix components.A marketing mix is made up of five components, also referred to as "the five P's" of marketing: product, pricing, place, promotion, and people.Because it guarantees that the product is in the appropriate place at the right time, place in the marketing mix plays a significant role in the distribution and flow of goods, as this lesson made clear. Customers will probably look elsewhere if improper product placement does not occur.Your target market is the most crucial component of a marketing strategy.

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diane initially deposited $12,000 into a money market account and made no additional deposits or withdrawals. when she closed the account in exactly one year, its value had grown to $12,765. calculate the annual growth rate for the money market account. round your answer to two places after the decimal.

Answers

The money market account's yearly growth rate is 6.00%.

How do money markets function?

The money market is a financial component that provides short-term financing. The money market specializes on one-year or shorter-term loans. Money market accounts work in the same way as other deposit accounts, such as savings accounts, do. Customers who deposit funds in a money market account receive interest on their deposits.

The following formula is used to calculate the yearly growth rate for the money market account:

= (Increase amount after one year ÷ Initial amount) × 100 - (time period)

= ($12,765 ÷ $12,000) × 100 - 1 year

= 1.06% - 1 year

= 6.00%

To calculate the yearly growth rate, subtract the original amount from the amount that is increased after one year and subtract the time period so that the fair annual growth rate may be calculated.

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2-2 ON YOUR OWN, P. 42

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independently 2-2 The working papers include an analysis of transactions into their debit and credit portions.

What are the two accounting principles that explain account balance increases?

Account balances rise on the side of the account where the usual balance is, and account balances fall on the side of the account where the typical balance is opposite. The balance sheet is presented according to accepted accounting principles in either the account form (horizontal presentation) or the report form (vertical presentation). Depending on how the audience intends to use the balance sheet, a corporation may present it in either account form or report form.

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why might you want to file your tax return on time?

Answers

The Reason behind why you want to file your tax return on time is Avoid added interest and penalties. Avoid losing future refunds. Part or all of any refund is first used to pay any back taxes owed.

How to Avoid added interest and penalties?

Pay-as-you-earn tax, also known as advance tax, is tax that is paid forward, in instalments, on specific dates that are established by the Income Tax Department. It's crucial to be aware of these deadlines and pay your advance tax on time. If a business or individual's total tax burden exceeds Rs. 10,000 in a fiscal year, whether they are salaried or self-employed, they are rquired to pay advance tax.

Only senior citizens (60 years of age and older) without a business or profession are exempt from this rule. Payments can be made late or not at all as a result of not understanding who is qualified for advance tax payments or when they are due which carries severe fines and interest. Recognize the value of paying advance tax and the deadlines for doing so to avoid this.

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land is synonymous with which type of economic resources? a. manufactured resources b. natural resources c. human resources d. financial resources

Answers

Answer: B

Explanation: Land can be included in the category of natural resources. This is apparent when producing a good or service; anything that comes from the land. I hope this helps!

Select the correct answer from each drop-down menu. sales ($ million) convertible suv sedan mini truck marginal total allison 45 28 19 36 128 b

Answers

0.021 is  the relative frequency of the revenue earned by B&B Motors from sales of mini trucks compared to the total sales revenue earned by all four companies

What is relative frequency?In the set of all outcomes, a relative frequency is the ratio (fraction or proportion) of the number of times a value of the data happens to the total number of outcomes. Divide each frequency by the sample's overall enrollment of 20 students to obtain the relative frequencies. Divide the frequency by all the data values to get the relative frequency. Add each of the earlier relative frequencies to the current row's relative frequency to obtain the cumulative relative frequency.

Given Table:

                                                   Sales ($ million)

Company     Convertibles   SUVs   Sedans     Mini Trucks     Marginal Totals

Allison                  45              28           19               36                     128

B&B Motors          65              22          15               9                        111

Pluto Cars             18              25            27             10                      80

Panther Motors      40            26           34              12                      112

Marginal Totals    168            101          95              67                     431

The aforementioned table shows that the combined sales income for all four businesses was $431 million.

Sales of micro trucks generated $9 million in income for B&B Motors.

As a result, the ratio of B&B Motors' revenue from the sale of micro trucks to the sum of all four firms' sales revenue will be as follows:

Revenue earned by BB Motors from sales of mini trucks

[tex]& =\frac{\$ 9 \text { million }}{\$ 431 \text { million }} \\[/tex]

[tex]& =\frac{9}{431}=0.0208816705336 \approx 0.021[/tex]

The complete question is,
What is the relative frequency of the revenue earned by B&B Motors from sales of mini trucks compared to the total sales revenue earned by all four companies?

Sales ($ million)

CompanyConvertiblesSUVs SedansMini TrucksMarginal Totals

Allison 45 28 19 36 128

B&B Motors 65 22 15 9 111

Pluto Cars 18 25 27 10 80

Panther Motors40 26 34 12 112

Marginal Totals168 101 95 67 431

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multiple choice question merchandise inventory that is available for sale is a(n) (asset/expense/revenue) and reported on the (balance sheet/income statement) and merchandise that is sold during the period is a(n) (asset/expense/liability) and reported on the (balance sheet/income statement). multiple choice question. asset -> income statement -> expense -> balance sheet expense -> balance sheet -> asset -> income statement asset -> balance sheet -> expense -> income statement expense -> income statement -> asset -> balance sheet

Answers

Correct reply is asset -> balance sheet -> expense -> income statement expense

Merchandise inventory is goods that have been received via a distributor, wholesaler, or retailer from suppliers, with the intent of promoting the goods to third parties. This can be the single largest asset on the balance sheet of some sorts of businesses.

How do you use merchandise inventory?

To arrive at the fee of merchandise inventory, multiply the amount of unsold inventory with the fee of each unit. This merchandise inventory value, which is commonly regarded the equal as the ending inventory, is then entered into the stability sheet.

How do you locate merchandise inventory?

Accountants can calculate merchandise inventory by way of subtracting the fee of items bought from the whole stock amount. After an accounting period, accountants track unsold merchandise stock as a modern-day asset on a company's balance sheet to exhibit the cost of stock equipped to be sold.

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