Osgood Company, which applies overhead at the rate of 190% of direct material cost, began work on job no. 101 during June. The job was completed in July and sold during August, having accumulated direct material and labor charges of $27,000 and $15,000, respectively. On the basis of this information, the total overhead applied to job no. 101 amounted to:

Answers

Answer 1

Answer: $51300

Explanation:

From the question, we are informed that Osgood applies overhead at rate of 190% of direct cost material and we've been given the direct cost material as $27, 000. Therefore, the total overhead applied to the job will be:

= $27000 × 190%

= $27000 × 1.9

= $51300


Related Questions

Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $107,000 in sales during the second quarter of this year. If it began the quarter with $18,700 of inventory at cost and purchased $72,700 of inventory during the quarter, its estimated ending inventory by the gross profit method is:

Answers

Answer:

$16,500

Explanation:

The computation of the estimated ending inventory is given below:

As  We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

So,

$107,000 - $107,000 × 30% = Cost of goods sold

Therefore, the cost of goods sold is

= $107,000 - $32,100

= $74,900

And, finally the ending inventory is

$74,900 = $18,700 + $72,700 - ending inventory

$74,900 = $91,400  - ending inventory

So, the ending inventory is

= $91,400 - $74,900

= $16,500

How much must you deposit in a bank account today to have $1,000 at the end of 5 years if the bank quotes a rate of 5%, compounded daily? Assume a 365-day year and round your answer to the nearest dollar.

Answers

Answer:

PV= $774.54

Explanation:

Giving the following information:

Future value= $1,000

Number of periods= 5*365= 1,825 days

Interest rate= 0.05/365= 0.00014

To calculate the initial investment, we need to use the following formula:

PV= FV / (1+i)^n

PV= 1,000 / (1.00014^1,825)

PV= $774.54

What is the beta for a 2 stock portfolio with a 0.54 weight in Walmart stock and the remainder in Amazon

Answers

Answer: 0.73

Explanation:

Walmart Beta = 0.3616

Amazon's beta = 1.1634

The beta of the portfolio will be a weighted average of the portfolio beta;

= (Walmart beta * Walmart weight) + ( Amazon beta * Amazon weight)

= (0.3616 * 0.54) + ( 1.1634 * (1 - 0.54))

= 0.730428‬

= 0.73

How do you think Alden, from Situation 2, found out about Revinate? Given all the online companies that might help your business connect you with customers, how would you choose one?

Answers

The correct answer to this open question is the following.

Although you forgot to include the proper context of the question or further references, we can comment on the following.

Alden found out about Revinate by searching on the web trying to find the best software options that could help the company to identify the customer's reviews so Gregory E. Alden could make the best decisions for his company.

Gregory E. Alden is the manager of the company Woodside Hotels, located in Northern California. He was trying to monitor the comments of his high-class clients because Woodside Hotels is in the luxurious hotel business. So knowing that constantly monitoring client's comments on social media pages such as TripAdvisor or Yelp can be an arduous and difficult task, Gregory searched for the best software company to monitor client's comments on social media. That is how he found Revinate, a company that helps managers to track reviews so they can make the best business decisions once they have learned what their customers desire. And that is exactly what I would do to choose the kind of company to know about the preferences of my customers.

Bryant Company has a factory machine with a book value of $88,100 and a remaining useful life of 7 years. It can be sold for $30,900. A new machine is available at a cost of $413,300. This machine will have a 7-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $579,100 to $505,700. Prepare an analysis showing whether the old machine should be retained or replaced.

Answers

Answer: The old factory machine should be replaced as from computation  below   will lead to a  lower cost for Bryant Company

Explanation:

Particulars Retain Equipment Replace Equipment Net Income                      

                                                                                              Increase/Decrease                            

Variable manufacturing costs

                                $4,053,700              $3,539,900                  $513,800

                                 $579,100 x 7              $505,700 x 7                                      

                                                                                         

New machine cost                             $413,300              -$410,300.

Sale of old machine                              -$30,900                $30,900.

  Total              $4,053,700                 $3,922,300             $134,400  

The old factory machine should be replaced as from computation  will lead to a  lower cost of $3,922,300 instead of   $4,053,700     for Bryant Company

           

Tim is the vice president of western operations for Maroon Oil Company and is stationed in San Francisco. He is required to live in an employer-owned home, which is three blocks from his company office. The company-provided home is equipped with high-speed Internet access and several telephone lines. Tim receives telephone calls and e-mails that require immediate attention any time of day or night because the company's business is spread all over the world. A full-time administrative assistant resides in the house to assist Tim with the urgent business matters. Tim often uses the home for entertaining customers, suppliers, and employees. The fair market value of comparable housing is $9,000 per month. Tim is also provided with free parking at his company's office. The value of the parking is $350 per month.
The amount associated with the free parking that Tim must include in his gross income per month is?

Answers

Answer:

$80 (in 2020)

Explanation:

I will assume that this question takes place during the current year (2020). An employee is required to include as income all transportation benefits that exceed $270 per month. In this case, free parking is considered a transportation benefit and Tim must report $350 - $270 = $80 as taxable benefits. The exclusion amount varies depending on the year, e.g. it was $265 in 2019.

The amount that should be included in the gross income per month should be $80.

Calculation of the amount:

The employee should needed to involved the income in terms of transportation benefits that should be more than $270 per month. Since the free parking should be considered as the  transportation benefit

So here the amount associated should be

= $350 - $270

= $80

hence, The amount that should be included in the gross income per month should be $80.

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Category of cost not associated from the extension of credit and accounts receivable is

A: Capital costs

B: Delinquency costs

C: Direct costs

D: Default costs​

Answers

Answer:

A.Capital costs

Explanation:

please make me as brainlist

Princetown Inc. has a $4.82 million basis in 68% of the outstanding stock of Merryvale Corporation. Merryvale manufactures Christmas decorations, cards, and wrapping paper. Princetown's board of directors recently learned that Merryvale is bankrupt. The board voted unanimously to dissolve the corporation and distribute all assets to Merryvale's creditors. What is the tax consequence to Princetown of the board's actions?

Answers

Answer:

$4.82 million ordinary loss

Explanation:

Note: The option to the question is attached

Merryvale is an affiliated corporation, so Princetown is allowed an ordinary loss in the worthlessness of the stock

Mattress​ Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last​ year, cost of goods sold was ​$ million and inventory was ​$ million. This​ year, costs of goods sold is ​$ million and inventory investment is ​$ million. ​a) What was its weeks of supply last​ year? nothing weeks ​(round your response to two decimal​ places). ​b) What is its weeks of supply this​ year? nothing weeks ​(round your response to two decimal​ places). ​c) Is Mattress Wholesalers making progress in its inventory reduction​ effort? Since the number of weeks that cover the supply has ▼ decreased not changed increased ​, Mattress Wholesalers is making ▼ negative progress no progress progress in its​ inventory-reduction effort.

Answers

Answer:

A. Weeks supply= 10.7

B. Weeks supply= 9.53

C. Yes

DECREASED, PROGRESS

Explanation:

A. Calculation for last year’s weeks of supply

First step is to find the Average cost of sold good on week basis

Using this formula

Average cost of sold good on week basis =Cost of goods sold /Numbers of weeks in a year

Let plug in the formula

Average cost of sold good on week basis= $7.54 million/ 52

Average cost of sold good on week basis= $ 0.145 million

Last step is to find last year Weeks supply using this formula

Last year Weeks supply=Investment in inventory/ Average cost of sold good on week basis

Let plug in the formula

Last year Weeks supply=$1.46/0.145

Last year Weeks supply= 10.7

B. Calculation for weeks supply this year?

Using this formula

Average cost of sold good on week basis =Cost of goods sold /Numbers of weeks in a year

Let plug in the formula

Average cost of sold good on week basis= $8.62 million/ 52

Average cost of sold good on week basis= $ 0.165769 million

Last step is to find this year Weeks supply using this formula

This year Weeks supply=Investment in inventory/ Average cost of sold good on week basis

Let plug in the formula

This year Weeks supply=$1.58/0.165769

This year Weeks supply= 9.53

C. Yes, Mattress Wholesalers is making progress in its inventory reduction effort .

Since the numbers of weeks that cover the supply had DECREASED, Wholesalers is making PROGRESS in its inventory reduction effort

For a country A, the GDP growth rate is 8 percent and inflation is 4 percent. If the velocity of money remains constant, what is the change in real money balances

Answers

Answer:

The change in the real money balance is 12%

Explanation:

As per gievn data

GDP growth rate = 8%

Inflation = 4%

The real money change is as follow

Equation

Delta M + Delta V = Delta P + Delta Y

Where

Delta M = Real money change = ?

Delta V = Change in velocity = 0

Delta P = Inflation rate = 4%

Delta Y = GDP growth rate = 8%

Placing values in the above equation

Delta M + 0 = 4% + 8%

Delta M = 12%

Hence the money balance will increase by 12%.

"The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted if Debbie withdraws $40,000 each year?"

Answers

Answer:

The question is missing the amount that Debbie's fund has, so I looked for similar questions and the number I found was $368,882.

we can use the present value of an annuity due formula to determine how long it will take Debbie to empty her account.

present value of annuity due = (payment / i) x {1 - [1 / (1 + i)ⁿ]} x (1 + i)

368,882 = (40,000 / 0.03) x {1 - [1 / (1 + 0.03)ⁿ]} x (1 + 0.03)

368,882 = 1,333,333.33 x 1.03 x {1 - [1 / (1 + 0.03)ⁿ]}

368,882 = 1,373,333.33 x {1 - [1 / (1 + 0.03)ⁿ]}

1 - [1 / (1.03)ⁿ] = 368,882 / 1,373,333.33 = 0.268603398

1 - 0.268603398 = [1 / (1.03)ⁿ]

0.731396601 = 1 / (1.03)ⁿ

1.03ⁿ = 1 / 0.731396601 = 1.367247261

n = log 1.367247261 / log 1.03 = 0.135847062 / 0.012837224 = 10.58 years

Debbie will exhaust the fund in 10.58 years. That means that Debbie will be able to withdraw $40,000 for 10 years, and then the last withdrawal will be lower.

Explanation:

Which of the following best describes why German firms were nationalized after World War II?
A. Extract money.
B. Job preservation.
C. Ideology.
D. Happenstance.

Answers

Answer:

D. Happenstance.

Explanation:

The fact that German firms were nationalized has often been regarded as mere happenstance; meaning it just occurred based on the circumstances they were in immediately after World War II.

It thus encompasses several factors such as the cost of operations, changes in government, etc, not just one factor.

German firms were nationalized after World War II because of Happenstance.

World War II:

The fact that German companies were nationalized has frequently been dismissed as a coincidence, implying that it happened simply because of the circumstances in which they found themselves following World War II.

It thus incorporates multiple aspects, not just one, such as operational costs, government changes, and so on.

So, option "D" is the correct answer to the following question.

Find out more information about 'German'

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Granfield Company has a piece of manufacturing equipment with a book value of $36,500 and a remaining useful life of four years. At the end of the four years the equipment will have a zero salvage value. The market value of the equipment is currently $21,300. Granfield can purchase a new machine for $113,000 and receive $21,300 in return for trading in its old machine. The new machine will reduce variable manufacturing costs by $18,300 per year over the four-year life of the new machine. The total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is:

Answers

Answer:

($18,500)

Explanation:

Book value of manufacturing equipment = $36,500

Current market value of equipment = $21,300

Cost of new machine = $113,000

Cash received from trading old machine = $21,300

Variable manufacturing costs of new machine reduced by $18,300 per year, over the four year

Total increase/decrease in net income = Cost of new machine + Cash received from trading old machine + Reduction in variable manufacturing costs

= ($113,000) + $21,300 + $18,300 × 4

= ($113,000) + $21,300 + $73,200

= ($18,500)

It therefore means that the total decrease in net income by replacing the current machine with the new machine is $18,500

Crimson Inc. recorded credit sales of $797,000, of which $540,000 is not yet due, $170,000 is past due for up to 180 days, and $87,000 is past due for more than 180 days. Under the aging of receivables method, Crimson Inc. expects it will not collect 2% of the amount not yet due, 16% of the amount past due for up to 180 days, and 27% of the amount past due for more than 180 days. The allowance account had a debit balance of $3,800 before adjustment. After adjusting for bad debt expense, what is the ending balance of the allowance account

Answers

Answer:

$65,290

Explanation:

The computation of the ending balance of the allowance account is shown below:-

Bad Debts for accounts receivable not yet due is

= $540,000 × 0.02

= $10,800

Bad Debts for accounts receivable due for up-to 180 days:

= $170,000 × 0.16

= $27,200

Bad Debts for accounts receivable due for more than 180 days:

= $87,000 × 0.27

= $23,490

Ending balance of Allowance account:

= $3,800 + $10,800 + $27,200 + $23,490

= $65,290

On December 31, 2019, The Bates Company's revenue is $440,000 and expenses total $340,000 before consideration of the following: Accrued wages total $21,000; Accrued revenues total $56,000; Depreciation expense is $27,000; Rental revenue of $7,000 was earned; the rent from a tenant was initially recorded by Bates as unearned rent revenue; The income tax rate is 40% of income before income taxes. What is Bates' net income after consideration of the above information

Answers

Answer:

Explanation:

Revenue = $440,000

Expenses = $340000

Accrued wages = $21000

Accrued revenues = $56000

Depreciation exp = $27000

Rental value earned but not recorded = $7000

Income tax rate = 40%

Total revenue = 440000 +56000 + 7000 = $503000

Total expenses = 340000 + 21000 + 27000 = $388000

Income before tax = 503000 - 388000 = $115000

income tax = 115000 x .4 = $46000

Net income = 115000 - 46000 = $69000 .

B. Panuto: Isulat sa patlang kung ano ang tinutukoy sa pangungusap.
1. Ang tawag sa taong nagnenegosyo.
2. Ang panimulang salapi na ginagamit sa
pagnenegosyo.
3. Ang isang entrepreneur ay dapat magkaroon nito
upang ang produkto o serbisyo ay kumita ng
maganda
4. Alamin ang pagtatayuan ng negosyo.
5. Mahalaga ito upang maihatid at makilala ang
bagong produkto sa pamilihan.​

Answers

Explanation:

1.negosyante.

2.kapital.

3.ng sapat na kaalaman sa pang negosyo.

4.inquiry

5.flayears

Troy, a cash basis taxpayer, owns an office building. His records reflect the following for 20X1. On March 1, 20X1, office B was leased for twelve months for $12,000. A $900 security deposit was received which will be used as the last month's rent. On September 30, 20X1, the tenant in office A paid Troy $3,600 to cancel the lease expiring on March 31, 20X1. The lease of the tenant in office C expired on December 31, 20X1, and the tenant left improvements valued at $1,400. The improvements were not in lieu of any required rent. Considering just these four amounts, what amount must Troy include in rental income on his income tax return for 20X1?
a. $17,900
b. $17,000
c. $16,500
d. $13,800

Answers

Answer:

c. $16,500

Explanation:

The rental revenue from office B must be included even though 3 months of rent belong to 20x2 = $12,000 + the $900 security deposit (last moth of rent). The $3,600 received for canceling the lease of office A should also be included. Total rental income = $12,000 + $900 + $3,600 = $16,500.

Cash basis taxpayers recognize revenue when they collect money, and recognize expenses when they pay for them. There are some exceptions that apply to prepaid expenses or unearned revenue. This is known as the 12 month rule. It means that if the cash collection or payment do not extend for more than 12 months after they were made, then they can be recorded as either revenues or expenses during the current period. Since the rent was prepaid in advance for 12 months, then all the cash received must be considered revenue.

g Larry recorded the following donations this year: $540 cash to a family in need $2,440 to a church $540 cash to a political campaign To the Salvation Army household items that originally cost $1,240 but are worth $340. What is Larry's maximum allowable charitable contribution if his AGI is $60,400

Answers

Answer:

$2780

Explanation:

Given the following donations by Larry:

Cash to family in need $540

Cash to political campaign = $540

Church donation = $2440

Donation to salvation Army household = $340 (worth)

The allowable charitable contribution when applied to the an individual's adjustable Gross income. These contribution must be made to qualified charitable organizations in other to become eligible for deduction. In the scenario above, the qualified charitable organization include the donation to church and the salvation Army household :

Hemce, maximum allowable charitable contribution is :

$(2,440 + 340) = $2780

Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials purchases for the year. Prepare a cost of goods sold budget for Pasadena Candle Inc. using the information above. Assume the estimated inventories on January 1 for finished goods and work in process were $200,000 and $41,250, respectively and direct materials wax inventory of 16,000 pounds. Also assume the desired inventories on December 31 for finished goods and work in process were $120,000 and $28,500, respectively and direct materials wax inventory of 12,500 pounds. Factory overhead was budgeted at $300,000. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Answers

Answer:

$2,114,125

Explanation:

Firstly, we need to calculate direct materials purchased.

Direct materials purchased for the year = Candle wax [ 487,125 pounds × $1.24 per pound]

= $604,035

Also,

Direct labor cost budget for the year

= [ 785,000 candles × 6 minutes / 60 mins per hour × $18 per hour]

= $1,413,000

Therefore,

Costs of goods sold budget

Direct materials

Opening inventory on 1 January [16,000 pounds × $1.24 per pound] = $19,840

Add: purchases

$604,035

Less: closing inventory on 31 January [12,500 pounds × $1.24 per pound] = ($15,500)

Cost of direct materials in production = $608,375

Direct labor cost

$1,413,000

Fixed overheads cost

$300,000

Opening work in progress inventory on 1 January

$41,250

Less: closing work in progress inventory on 31, January

($28,500)

Total work in progress during the period

$12,750

Opening finished goods on 1 January

$200,000

Less closing finished goods

($120,000)

$80,000

Cost of goods sold = $608,375 + $1,413,000 + $300,000 - $80,000 - $12,750

= $2,114,125

A company distributes a product that sells for $50 per unit. Variable expenses are $10 per unit, and fixed expenses total $15,000 annually. Assume that the company sold 4,000 units last year. The sales manager is convinced that a 10% reduction in the selling price, combined with a $30,000 increase in advertising expenditures, would increase annual unit sales by 50%. If these changes were made, by how much would net operating income increase or decrease?

Answers

Answer:

Income will increase by $20,000.

Explanation:

First, we need to calculate the current income:

Current income= 4,000*(50 - 10) - 15,000= $145,000

Now, the new selling price, fixed costs, and sales in units:

Selling price= 50*0.9= $45

Fixed costs= $45,000

Sales= 4,000*1.5= 6,000

New income= 6,000*(45 - 10) - 45,000= $165,000

Difference= 165,000 - 145,000= 20,000

Income will increase by $20,000.

Hunter is the founder and CEO of a Web site development firm. Clients are typically small to midsized companies that are seeking an offbeat, innovative approach to their online design, as well as functionality that offers customers surprising ways to interact with the site. What is the more appropriate style of leadership, given the type of work Hunter wants his Web site designers to do

Answers

Answer:

The right solution would be "Transformational ".

Explanation:

The required leadership style throughout this situation, considering the sort of job Hunter requires his application or website developers or designers to be doing, is Transformative.  The objective was to design or create an unexpected as well as creative approach is to develop or construct various websites.

Rode Company estimates bad debt expense at 1% of credit sales. The company reported accounts receivable of $100,000 and a pre-adjustment credit balance in its allowance for uncollectible accounts account of $2,000 at the end of the current year. During the current year, Rode’s credit sales were $2,000,000. What is the amount of the company’s bad debt expense for the current year?

Answers

Answer:

$20,000

Explanation:

Calculation for the amount of the company’s bad debt expense for the current year

Using this formula

Bad debt expense = Credit Sales Amount × Estimated percentage uncollectible

Let plug in the formula

Bad debt expense = $2,000,000 × 1%

Bad debt expense =$20,000

Therefore the amount of the company’s bad debt expense for the current year will be $20,000

to beter take into account the differential impact of fixed and variable costs, marketing managers canuse ____ pricing

Answers

Answer:

target return pricing

Explanation:

Target return pricing is a pricing method that uses a very simple formula:

target price = [unit cost + (desired return x capital)] /unit sales

The price is based on the ROI that the company expects from a certain product (or project).

Even though this is a fairly simple method for pricing a good or service, it can also have serious negative consequences:

it doesn't take in account consumers' tastes or preferenceswhat happens if the expected ROI is too high, that could kill a project that could have been successful otherwisethe time frames are not always exact, e.g. you believed that a project would last 5 years, but due to a technological breakthrough it only lasts 4

In order to successfully apply this type of pricing strategy, a company must be able to achieve or exceed their sales goals.

You invest 1,000 in a project today. the project will generate a cash flow of 3186 three years from now. if the interest rate is 3%, what is the net present value of the project?

Answers

Answer:

NPV= $1,915.64

Explanation:

Giving the following information:

Cash flow= $3,186

Number of periods= 3 years

Interest rate= 3%

Initial investment (Io)= $1,000

To calculate the net present value, we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

NPV= -1,000 + (3,186/1.03^3)

NPV= $1,915.64

Dorchester Company had the following balances at the end of 2018 and 2019 respectively: Net Credit Sales - $875,000 for 2018 and $1,032,000 for 2019. Accounts Receivable - $84,000 for 2018 and $107,000 for 2019. Allowance for Doubtful Accounts - $4,000 for 2018 and 7,500 for 2019 Calculate the accounts receivable turnover ratio to one decimal place.

Answers

Answer:Accounts Receivable Turnover Ratio = 11.50 times

Explanation:

Accounts Receivable Turnover Ratio  is calculated using

Net Credit Sales / Average Accounts Receivable

Net Credit Sales for 2019 =  $1,032,000

Net Accounts Receivable in 2018 = Accounts Receivable in 2018 - Allowance for Doubtful Accounts in 2018

= $84,000 - $4,000

= $80,000

Net Accounts Receivable in 2019 = Accounts Receivable in 2019 - Allowance for Doubtful Accounts in 2019

= $107,000 - $7,500

= $99,500

Average Accounts Receivable = (Net Accounts Receivable in 2018 + Net Accounts Receivable in 2019) / 2

= ($80,000 + $99,500) / 2

= $179,500 / 2

= $89,750

Accounts Receivable Turnover Ratio = Net Credit Sales in 2019 / Average Accounts Receivable

=   $1,032,000/ $89,750

= 11.498

= 11.50 times

Answer:

PoyPoy

Explanation:

Ivanhoe Construction Company had a contract starting April 2021, to construct a $23000000 building that is expected to be completed in September 2023, at an estimated cost of $21000000. At the end of 2021, the costs to date were $7560000 and the estimated total costs to complete had not changed. The progress billings during 2021 were $3800000 and the cash collected during 2021 was 3100000. Ivanhoe uses the percentage-of-completion method. At December 31, 2021 Ivanhoe would report Construction in Process in the amount of:

Answers

Answer:

$8280000

Explanation:

From the given information;

The percentage of the completion method used in construction is equal to the contract price multiplied by the percentage of estimated total cost incurred to date i.e.

Cumulative cost to date        $7560000

Estimated total cost               $21000000      

Percentage of completion                  36%       (  $7560000/ $21000000  )      

The contract price for this project is  $23000000

Therefore,

At December 31, 2021  Ivanhole would report construction in process in the amount of:  $23000000 × 36%

= $8280000

Diego Corporation values its inventory at the lower of cost or net realizable value as required by IFRS. Diego has the following information regarding its inventory. Historical cost $100,000 Estimated selling price 98,000 Estimated costs to complete and sell 3,000 Replacement cost 90,000 What is the amount for inventory that Diego should report on the balance sheet under the lower of cost or net realizable value method

Answers

Answer:

$95,000

Explanation:

When a company reports its ending inventory at lower of cost or net realizable value (LCNRV), it must value its inventory at whichever is lower:

historical cost = $100,000net realizable value = selling price - estimated costs to complete and sell = $98,000 - $3,000 = $95,000

since $95,000 is lower, then the company will report its inventory at net realizable value.

What are the sources of brand equity?

Answers

Answer:

Ello, Imposter here

Explanation:

Brand equity is the commercial value that derives from consumer perception of the brand name of a particular product or service, rather than from the product or service itself.

hope this helps :P

Answer: According to Keller (2003) and his CBBE model, brand equity emerges from two sources namely brand awareness and brand image. According to this model, consumers build associations in their minds around a brand as the result of the marketing programs companies develop for their brands.

Explanation: None.

For most consumers, maximizing utility through consumption generally means finding good deals in order to maximize the utility received for each dollar spent. However, some makers of luxury goods believe that their customers actually achieve utility by paying high prices. As a result, lowering prices may lead to reduced sales for the makers of luxury goods. How is this counterintuitive concept rationalized by analysis of consumer behavior and the utility maximization rule

Answers

Answer:

The explanation of that situation is below.

Explanation:

To begin with, the most important factor to have in mind in the situation explained above is the fact that we are talking about a "luxury good" and therefore that when it comes to this type of goods is better when the majority of the people do not possess or at least they must represent the fact that they are exclusive for only some part of the population. That is why that those goods use the strategy of increase always the price because that will means that they are not affordable for the majority of the society but only for a few and that will give to the owner of the good a sense of uniqueness and with that it also comes the sense of superiority. That is why that when it comes to this type of good the analysis change and it collides with the other theory of utility maximation.

At the end of the current year, Leer Company reported total liabilities of $319,000 and total equity of $119,000. The company's debt ratio on the last year-end was:___________.
a. 72.8%.
b. 268%.
c. 3-68%.
d. 37.3%.
e. $438,000

Answers

Answer:

72.8%

Explanation:

The first step is to calculate the total assets

Total assets= Total liabilities + total equity

= $319,000 + $119,000

= $438,000

Therefore the debt ratio can be calculated as follows

= Total liabilities/total assets

= $319,000/$438,000

= 0.728×100

= 72.8%

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