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belka
5 days ago
5

A brewer is launching a new​ product; brewed ginger ale with a low alcohol content. The brewer plans to spend $ 3 million promot

ing this product this​ year, which is expected to expand its sales of this product to $ 11 million this year and $ 8 million next year. They do expect there will be loss of sales of $ 3 million this year and next year in their other products as customers switch to drinking the new ginger ale. The gross profit margin for the new ginger ale is​ 40%, the gross profit margin of all of the​ brewer's other products is​ 30%, and the​ brewer's marginal corporate tax rate is​ 35%. What are incremental earnings arising from the promotional campaign this​ year?
Business
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Zing Inc. is a large fashion brand that manufactures clothing and shoes. The top managers of Zing have decided to use the profit
Nady [3600]

Answer:

resource allocation

Explanation:

Based on my findings on various business strategies, I can conclude that this scenario exemplifies the resource allocation aspect of a strategy. It represents how a company optimally uses its resources throughout the organization by identifying new opportunities for resources that have not been fully utilized. This is occurring here as funds that are currently underutilized are being redirected into the shoe business.

I trust this clarifies your question. Should you have further inquiries, feel free to ask.

6 0
2 months ago
A corporation’s articles of incorporation can be changed relatively easily. True False
Scilla [3833]
The statement is false.
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2 months ago
On July 1, 2015, ABC company filed its Articles of Incorporation with the State of California. All of their correspondence and c
Free_Kalibri [3773]

Response:

Clarification:

When the ABC company submitted its Articles of Incorporation to the State of California, they intended to operate as ABC Inc., which implies corporation status with limited liability.

However, if a lawsuit is initiated by XYZ Inc. for breach of contract, and considering that XYZ has filed this case against ABC, the company will shift to being recognized as a partnership subject to unlimited liability. This change occurs because ABC has received notification from the State of California indicating that their Articles of Incorporation were not accepted due to the omission of their Registered Agent on the application forms.

5 0
2 months ago
It takes 3 minutes to load and 2 minutes to unload a machine. Inspection and packing times total 1 minute; travel between machin
soldi70 [3635]
(a) The optimal machine assignment time is 7 minutes. (b) The duration of a complete cycle is 25 minutes. There will indeed be 7 minutes of idle time for the operator. (c) If an operator is assigned three machines, the cost per unit produced amounts to $13.88 per unit. To elaborate, loading takes 3 minutes, unloading lasts 2 minutes, while the runtime is 20 minutes. The time spent on inspection and packing takes 1 minute. The operator's wage is $10 per hour, and machine cost is $30 per hour. Ideal machine assignment can be calculated via machine cycle time divided by the operator time per machine. The machine cycle includes run, load, and unload time, which sums to 25 minutes. The time contribution per machine is 6 minutes, resulting in an ideal machine assignment of 25 ÷ 6 = 4.17, indicating the assignment of four machines to an operator is suboptimal, leading to idle time. The complete cycle takes 25 minutes. Idle operator time is calculated as cycle time minus the operational contributions of the machines assigned, culminating in 7 minutes of idle time. The total cost of each unit produced comes from combining operator costs with machine costs, multiplied by cycle time adjusted for hours, resulting in $13.88 per unit.
0 0
2 months ago
J. Morgan and M. Halsted are partners who share income and loss in a 3:1 ratio. After several unprofitable periods, the two part
harina [3808]

Response:

cash   110,000 debit

  land                   100,000 credit

  gain from disposal  10,000 credit

--to document the land sale--

accounts payable 80,000 debit

               cash               80,000 credit

--to record the settlement of debts--

gain from disposal 10,000 debit

                Morgan           7,500 credit

                Halsted          2,500 credit

--to allocate gains from sale--

Morgan 22,500

Halsted    7,500

   Cash                30,000

--to dissolve the partnership--

Clarification:

ratio 3:1 (3+1=4)

Morgan  15,000 share of 3/4 = 75%

Halsted   5,000 share of 1/4 = 25%

a gain of 10,000 from the sale is shared as follows

Morgan 10,000 x 75% =  7,500

Halsted 10,000 x 25% =   2,500

Next, we close the accounts against cash

8 0
2 months ago
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