Explain the concept of "showrooming" including what type of app it is associated with and what primary motivation need it fulfills.
What will be an ideal response?
In a process called showrooming, a customer visits a store to touch, feel, and even discuss a product's features with a sales associate, and then instantly compares the prices online to see whether a better deal is available. Using the Amazon app, if the Amazon price is better, the customer can buy the product online with a single click.
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The net income of a company for the year just ended is $230,000 . Income tax is $80,500 and interest expense is $20,000 . The number of times interest was earned would be
a. 0.05. b. 10.5. c. 11.5. d. 16.5.
People in the United States are more formal when compared to people of other cultures
Indicate whether the statement is true or false.
At the beginning of the year, Barrington Manufacturing had the following account balances
Work-in-Process Inventory 2,000 Finished Goods Inventory 8,000 Manufacturing Overhead 0 Cost of Goods Sold 0 Sales Revenue 0 The following additional details are provided for the year: Direct materials placed in production $80,000 Direct labor incurred 190,000 Manufacturing overhead incurred 300,000 Manufacturing overhead allocated to production 295,000 Cost of jobs completed 500,000 Record these transactions in the T-accounts and calculate the ending balances for Work-in-Process Inventory, Finished Goods Inventory, and Manufacturing Overhead accounts (unadjusted). What will be an ideal response
Why do some diversification efforts pay off and others produce poor results? Why should companies even bother with diversification initiatives?
What will be an ideal response?