Every year, 7 Days, a large retail chain, organizes a large annual function in which it gives an "Employee of the Year" award to

Answer and Explanation:

a. The calculation of the net operating income is detailed below:

Sales                          $800,000

Less: Variable cost  -$381,000

Contribution margin $419,000

Less:  Fixed manufacturing expenses - $263,000

Less: Fixed selling and administrative expenses - $211,000

Net operating income or (Loss) -$55,000

b. The analysis of the financial impact of discontinuing product D14E is as follows:

Sales                          $800,000

Less: Variable cost  -$381,000

Contribution margin $419,000

Less:  Fixed manufacturing expenses - $202,500

Less: Fixed selling and administrative expenses - $117,500

Financial disadvantage -$99,000

Since there is a financial disadvantage, the product should not be discontinued

We simply utilized the aforementioned equation

Answer:

Casual Ambiguity

Explanation:

Analyzing the provided details, it appears that the foundation of Ardent's success is attributed to Casual Ambiguity. This term describes a scenario wherein it's nearly unfeasible to connect outcomes to their original states or origins. This is evident in Ardent's substantial success and its edge over rivals. Similar dynamics can be seen in the pricing trends of stocks, options, futures, and related financial products on markets.

Explanation:

The process of making purchase decisions online or through mobile devices differs from shopping in physical stores based on the unique aspects of each shopping setting.

As outlined by Kotler and Keller, the consumer purchase decision process consists of five stages:

1. recognition of problem or need,
2. searching for information,
3. assessment of alternatives,
4. actual purchase,
5. behavior after purchase.

Consequently, consumers define the key attributes crucial for making purchases and which features yield the most advantages.

In today's world, the online shopping industry has expanded dramatically since most people now have internet access, prompting companies to enhance their online presence, which ensures the capability to also provide consumers with increased benefits, such as better discounts and promotions, due to reduced systematic and physical expenses associated with internet sales.

As a result, online shops, in comparison to brick-and-mortar stores, are more inclined to offer customers benefits during and after the purchase, alongside a wider selection of products and brands, thus broadening consumer options.

Answer:

A. Dr Amortization expense $43,750

Cr Patents $43,750

B. Dr Amortization expense $5,230

Cr Patents $5,230

C. Dr Amortization expense $14,000

Cr Franchises $14,000

Explanation:

Journal entry preparations

A. Dr Amortization expense $43,750

($350,000÷8 years = $43,750)

Cr Patents $43,750

(Recording amortization for the patent)

B. Dr Amortization expense $5,230

($52,300÷10 years = $5,230)

Cr Patents $5,230

(Recording amortization for the patent)

C. Dr Amortization expense $14,000

($70,000÷5 years = $14,000)

Cr Franchises $14,000

(Recording amortization for franchises)