Answer:
$1.67
Explanation:
If they are purchasing a carton of 36 Deluxe Brownie Mixes for $43, they are paying $1.19 per box. With a 40% markup, that is $0.47 on top or a total price of $1.67 per box.
adwords provides a quality score measuring how related a keyword is to an ad's text. what concept does the score refer to?
Adwords offers a quality score that assesses how closely related a keyword is to the text of an advertisement. Relevance is a factor in the score.
What does a Quality Score in Goo-gle AdWords mean?A diagnostic tool called a Quality Score is designed to help you gauge how well your ads stack up against those of other advertisers. The keyword level of this rating, which has a scale of 1 to 10, is accessible.
A higher Quality Score indicates that, in comparison to other advertisers, your ad and landing page are more pertinent and beneficial to someone searching for your keyword. The Quality Score diagnostic tool can help you find areas where your ads, landing pages, or keyword choices could be improved.
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the following single-step income statement was prepared by the accountant of the axel corporation: axel corporation income statement for the year ended december 31, 2024 revenues and gains: sales revenue $ 592,000 interest revenue 32,000 gain on sale of investments 86,000 total revenues and gains 710,000 expenses and losses: cost of goods sold$ 325,000 selling expense67,000 administrative expense87,000 interest expense16,000 restructuring costs55,000 income tax expense40,000 total expenses and losses 590,000 net income $120,000 required: prepare a multiple-step income statement applying generally accepted accounting principles. the income tax rate is 25%.
A multiple-step income statement for 2024 is shown below.
Axel Corporation
Multiple-Step Income Statement
For the Year Ended December 31, 2024
The income statement is as follows:
Sales 592,000
Less: Cost of goods sold 325,000
Gross profit (A) 267,000
Operating expenses:
Selling expenses 67,000
Add: Administrative expenses 87,000
Add: Restructuring costs 55,000
Total operating expenses (B) 209,000
Income from operation (C = A - B) 58,000
Less: Interest expenses 16,000
Add: Interest & dividend 32,000
Add: Gain on sale of investment 86,000
Income before taxes (D) 160000
Less: Income tax (E = D * 25%) 40000
Net income (F) 120000
Earning per share (G) 1.20
No. of shares outstanding (H = F/G) 100000
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whistler containers has provided the following data for the previous year: units sold during the previous year 10,000 units selling price per unit $200 direct materials per unit $50 direct manufacturing labor per unit $30 variable manufacturing overhead per unit $20 fixed manufacturing costs $200,000 budgeted production at the beginning of the year 12,000 units variable marketing cost per unit $10 fixed marketing cost $50,000 number of units in opening inventory 0 unit number of units in ending inventory 2,000 units what was the profit of whistler containers for the previous year if the method of inventory costing was variable costing?
The profit of whistler containers for the previous method of inventory costing was variable costing is $650,000.
The revenues for 10,000 units is $200 × 10,000 = $2,000,000
Direct materials revenue is $50 × 12,000 = $600,000
Direct manufacturing labor revenue is $30 × 12,000 = $360,000
Variable manufacturing overhead revenue is $20 × 12,000 =$ 240,000
Revenue of goods available for sale 1,200,000
Deduct ending inventory revenue is $100 × 2,000 = 200,000
The variable cost of goods sold is 1,000,000
Variable marketing revenue $10 × 10,000 = 100,000
Contribution margin = $900,000
Fixed manufacturing costs = $200,000
Fixed marketing costs = $50,000
Hence the Net operating income is $650,000
Therefore, The profit of whistler containers for the previous method of inventory costing was variable costing $650,000.
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you expect to receive $3,400 upon your graduation and will invest your windfall at an interest rate of .49 percent per quarter until the account is worth $4,975. how many years do you have to wait until you reach your target account value?
19.47 years you have to wait until you reach your target account value .
FV = PV x (1 + r)n
$4,975 = $3,400 x 1.0049n
$4,975 / $3,400 = 1.0049n
1.4632 = 1.0049n
ln[1.4632] = n[ln(1.0049)]
0.3806 = n[0.0049]
n = 0.3806 / 0.0049 = 77.87 quarters
Years to wait = 77.87 / 4 = 19.47 years
What Is Present Value (PV) ?
A future sum of money or stream of cash flows' present value (PV), assuming a particular rate of return, is their current value. The discount rate determines the current value of future cash flows; the greater the discount rate, the lower the present value of the future cash flows. The key to correctly valuing future cash flows, whether they be earnings or debt obligations, is determining the right discount rate.
The idea of present value holds that money today is worth more than it will be in the future. In other words, money received in the future is not as valuable as money obtained now in the same amount.
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esther pays $532 per month for 4 years for a car. she made a down payment of $3,700. if the loan costs 7.1% per year compounded monthly, what was the cash price of the car? a) $33,131.29 b) $18,473.44 c) $25,731.29 d) $22,173.44 e) $25,873.44 f) none of the above.
$25873.44 is the cash price of the car. The price paid or received for immediate delivery of a good or asset is known as the cash price. The current supply and demand for that good or asset determines the cash price.
What is cash price?The price paid or received for immediate delivery of a good or asset is known as the cash price. The current supply and demand for that good or asset determines the cash price. Cash prices, sometimes referred to as spot prices, are used to set the pricing for futures or forwards and are associated with them.
The price at which items may be purchased using cash as payment, often known as the cash price of the commodities. The total sum that the hire-purchaser is required to pay under the terms of the agreement is referred to as the hire-purchase price. The Price to Cash Ratio aims to determine a share's value in relation to its Cash holdings.
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jpr company's preferred stock is currently selling for $28.00 and pays a perpetual annual dividend of $2.00 per share. underwriters of a new issue of preferred stock would charge $3 per share in flotation costs. the firm's tax rate is 40%. compute the cost of new preferred stock for jpr. group of answer choices 9.15% 4.80% 7.14% 8.00%
the cost of new preferred stock for JPR is 8%
Dividend / (sale price-flotation cost)
= 2/(28-3)
= 8%
Preferred stock is a type of stock that usually pays a fixed dividend before the issuer's common stock is distributed. Because this payment is typically cumulative, any delayed prior payments must be made to preferred stock holders before distributions can be made to common stockholders. However, preferred stockholders typically gain this advantage in exchange for giving up the right to share in any additional earnings generated by the company, limiting the amount the shares can appreciate in value over time. Unlike common stock, preferred stock can have several features added to it to make it more appealing to investors or easier for the issuing company to buy back.
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what is a sequence of connected steps that enables the organisation to act efficiently with minimal overlapping tasks and resources in order to implement the social media marketing plan effectively?
A social media workflow is a sequence of connected steps that enables the organization to act efficiently with minimal overlapping tasks and resources to implement the social media marketing plan effectively.
What is social media workflow?A social media workflow is a process for organizing the writing, posting, and marketing of your social media content. It comprises every process from ideation to analysis that goes into developing, preparing, posting, and promoting your content. It is managed by several members of the social media team.A social media workflow is a series of interconnected procedures that enables the business to act quickly with the least amount of duplication of effort and resources possible to effectively implement the social media marketing strategy.Essentially, a media asset management workflow is a description of all associated operations, including media generation, media preparation, and media dissemination.To learn more about social media workflow refer to:
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if a california avocado stand operates in a perfectly competitive market, that stand owner will be a price:
If a local California avocado stand operates in a perfectly competitive market, that stand owner will be a price-taker.
In a perfect competition, who is the price taker?
A perfectly competitive firm is a price taker, which means it must accept the equilibrium price at which it sells goods. If a perfect competition firm attempts to charge even a small amount more than the market price, it is unable to make any sales.
A price-taker is any firm that is unable to influence the general level of commodity prices by changing the quantity of product produced; a firm operating in a perfect competition market is, by definition, a price-taker.
Therefore, In a perfectly competitive market, the owner of a local California avocado stand will be a price taker.
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the true interest rate used by investors to value a bond issue is referred to as the: multiple choice question. market interest rate prime interest rate stated interest rate nominal interest rate
Option A. The true interest rate used by investors to value a bond issue is referred to as the: is market interest rate.
What is market interest rate?The current interest rate provided on cash deposits is known as the market interest rate. This rate is affected by a number of variables, including as the interest rates set by the central bank, the inflow and outflow of capital, the quantity and length of deposits, and the duration of deposits.
The cost-benefit ratio of the instrument was determined by the market rate, which is the rate of interest on a loan or investment that is typically offered on the market for that product. The market rate for a loan is the typical interest rate that will be assessed to the recipient by a number of lenders.
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a firm looking to quickly adjust its market share or revenue would change which element of the marketing mix?
A company that wants to quickly change its revenue or market share would change a part of the marketing mix price.
When a company gains market share, what does it do?
A company begins to dominate an industry when its market share grows. A company can exercise certain powers, such as increased bargaining power, with increased industry dominance.With suppliers and members of the distribution channel, the company begins to gain the upper hand and can negotiate to its advantage.
Pricing is the only part of the marketing mix that brings in money; the other three are cost centers, or they make a company more expensive.The business model is strongly correlated with pricing.The company's revenue streams are conceptually represented in the business model.
How important is price in the marketing mix?
Price is probably the most important part of the marketing mix because it ultimately decides how much money a company makes and how long it stays in business.
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when buying groceries, many shoppers prefer certain products simply because they have a familiar brand name. this preference best illustrates the importance of: please choose the correct answer from the following choices, and then select the submit answer button. answer choices social facilitation. the mere exposure effect. mirror-image perceptions. deindividuation.
The following statement, the correct answer is the mere exposure effect.
According to a psychological phenomenon known as the "mere exposure effect," people are more likely to favor objects or persons that they are already familiar with. Familiarity grows with repeated exposure. It follows that the familiarity effect is another name for this phenomenon.
Our propensity to form preferences for things only because we are familiar with them is known as the mere exposure effect. It also goes by the name of the familiarity principle for this reason.
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within an arts organization, the entity that has the ultimate authority over the organization is .
The entity that has the ultimate authority over the organization is the Arts director within an arts organization.
The choice of images, artwork, or other design components is made by the art director. In publications, such as newspapers and product packaging, as well as in film and television projects, art directors are in charge of the visual aesthetic and pictures. They come up with the general concept and give instructions to others who do the layouts or artwork.
An arts organization is one that offers programming in at least one of the following artistic disciplines: dance, design, folk and traditional arts, literature, multi-disciplinary arts, music, media arts, theater, and visual arts. Serving artists in need is one of the responsibilities of arts service groups. Society as a whole gain from the artist's success since the artist's cultural contributions is permitted to grow.
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alma won a beauty contest and received $7000 in cash. in 3 years, when alma turns 21, she wishes to go to las vegas. her parents agree to pay for her hotel and air. but she needs spending cash. her credit union will pay 6% per year compounded quarterly. how much will alma have for her trip when she turns 21, if she invests her money in this account?
Alma would have $ 4,269.61 for her trip in four years if the $3,500 is invested at 5% compounded quarterly
The amount she would have for her trip in four years' time can be computed using the future value formula which is given as:
FV=PV*(1+r/t)^N*t
PV is the amount she has today which is $3,500
r is the rate of return the credit union offered her, that 5%
t is the number of times in a year the interest is compounded which is 4
N is the number of years the investment would last which is 4 years
FV=$3,500*(1+5%/4)^4*4
FV=$3,500*(1+1.25%)^16
FV=$3,500*(1.0125)^16
FV=$3,500*1.219889548
FV=$4,269.61
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describe the relationship between the acceptable level of detection risk and the nature, timing, and extent of substantive procedures to be performed by the auditor.
The auditor selects the appropriate detection risk for a financial statement assertion based on the assessed risk of material misstatement.
In order to bring audit risk down to a reasonable level, the level of detection risk needs to be lower than the risk of a material misstatement.
How typically are control risk and detection risk related?The combined level of inherent and control risks is inversely correlated with the detection risk. For instance, in order to bring audit risk down to a level that is acceptable, acceptable levels of detection risk must be low when inherent and control risks are high.
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yamaska mining issued a 5-year, $50 million face, 6% semiannual bond when market interest rates were 7%. the market yield of the bonds was 8% at the beginning of the next year. using the effective interest rate method, what is the initial balance sheet liability, and what is the interest expense that the company should report for the first half of the second year of the bond's life (the third semiannual period)?
The total interest a borrower will pay over the course of the debt is called the interest cost.Interest costs will be $1,689,853.
Find the solution ?Since the market interest rate at issuance is higher than the coupon rate, this bond is a discount bond.
The initial liability is equal to the money collected from the sale of the bond.
The following equation can be used to determine this sum:
FV = 50,000,000; N = 10; I = 3.5;
PMT = 1,500,000;
PV=FV/(1+i)n
CPT PV = $47,920,848.67.
To obtain the liabilities value at the start of the bond's second year of existence, 48,281,511, change N to 8, then compute PV.
For the subsequent semi-annual period,
interest costs will be 48,281,511(0.035) = $1,689,853.
The amortization of the discount is unaffected by the following change in market rate.
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which function will calculate the final value of an investment of $100 a month that earns 4% interest over 5 years?
FV is the future value function will calculate the final value of an investment of $100 a month that earns 4% interest over 5 years.
Investment is the commitment of funds toward the acquisition of an asset with the goal of achieving an increase in value over time. A current asset, like time, money, or effort, must be sacrificed in order to invest. In the world of finance, investing is done to get a return on the asset put up for investment. An asset or item acquired with the intention of generating income or recognition is referred to as an investment. An economic investment is the acquisition of goods that are not consumed right away but are used to create wealth down the road. An asset that is purchased with the hope of earning money, making a profit, or seeing a price increase is called an investment. Return refers to the benefit received from the investment. Returns and risk are inversely correlated. The returns are higher the higher the risk.
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which organization has primary standard setting authority over private not-for-profit organizations?
The FASB is in charge of developing standards for both for-profit and for-profit businesses. The GASB is in charge of setting standards for municipal and state governments.
For private not-for-profit organizations, which financial statements are necessary?Financial position statement (SOP) The SOP is the nonprofit industry's counterpart of the balance sheet for a for-profit business.
a list of your actions.
Statement of operational costs
Cash flow statement.
yearly report
Which of the following describe private, not-for-profit organizations' net asset classes?both net assets and net assets subject to donor limits. The FASB specifies three types of restricted net asset classes: permanently restricted and temporarily restricted.
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when a new internal service fund is established with a transfer of funds (not to be repaid), which account would be credited in the internal service fund?
If a new internal service fund is established with a transfer of funds (not to be repaid), The account that would be credited in the internal service fund is: B. Interfund Transfer In.
What is Interfund Transfer In?Inter-fund Transfer In can be defined as the process of moving or transferring fund from one fund account into another fund account.
Based on the information given interfund transfer in will be credited while cash will be debited in the internal service fund.
Therefore the correct option is B.
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The complete question is:
When a new internal service fund is established with a transfer of funds (not to be repaid), which account would be credited in the internal service fund?
Cash.
Interfund Transfer In.
Interfund Transfer Out.
Estimated Revenues.
when a client engages in transactions involving derivatives, the auditor should: multiple choice confirm with the client's broker whether the derivatives are for trading purposes. notify the audit committee about the risks involved in derivative transactions. add an explanatory paragraph to the auditor's report describing the risks associated with each derivative. review agreements underlying the derivative.
When a client engages in transactions involving derivatives, the auditor should develop an understanding of the economic substance of each derivative.
An agreement that has been fulfilled between a buyer and a seller to exchange goods, services, or financial assets in exchange for cash is referred to as a transaction. The following are a few examples of transactions: paying a supplier after receiving goods or services from them. acquiring ownership of a property the seller previously owned by paying the seller with cash and a note. a branch of social science that focuses primarily on the description and analysis of the processes involved in the creation, transfer, and consumption of goods and services. b: sound economic theory, principles, or practices. 2: The economics of constructing a new stadium or its significance. A traditional economy, a mixed economy, a pure command economy, and a pure market economy are the four main categories of economic systems.
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the kimballs and their lender have agreed to a loan modification. how is the loan modification documented?
The original executed home loan modification agreement (and documented, if applicable) should be given to the right custodian, and copies should be kept in the mortgage loan servicing file as well as sent to the borrower and the mortgage insurer or guarantor.
What is the process of a loan modification?Extending the mortgage's term (e.g., from a 30-year term to a 40-year term) lowering interest rates. the outstanding principal balance is increased by any overdue sums, including interest and escrow, and then reamortized over the new period.
A Trial Payment Plan (TPP) will be provided to you by your lender after you have been granted permission to modify your loan. Recordation is required to ensure that the modified mortgage loan retains its first lien position and is enforceable in accordance with its stipulations at the time of the modification, for the duration of the modified term, and throughout any bankruptcy or foreclosure proceedings involving the modified mortgage loan.
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if the standard deviation of demand is 10 and the desired service level is 0.90, then what is the safety stock? group of answer choices 23.3 16.5 12.8 9 10
Safety stock is 12.9 if the standard deviation of demand is 10 and the desired service level is 0.90 .
What is Safety stock ?
Logisticians refer to a degree of excess stock as "safety stock" to reduce the danger of stockouts (a shortage of raw materials or packaging) brought on by erratic supply and demand. A sufficient safety stock level enables company activities to operate as planned. [1] Safety stock is kept as a precaution against stockouts when there is uncertainty regarding demand, supply, or production yield.
A safety stock is an extra quantity of a product kept in the inventory to lower the possibility that it will run out. It serves as a buffer stock in the event that sales are higher than anticipated or the supplier is unable to supply the extra units on time.
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The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant.
The statement that the prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant is a True statement.
A Bond may be defined as the kind of collateral that is brought or sold by any individual or firm in order to gain profits in the near future. The price of the bond will increase as the bond will earn an amount of interest and bond will earn interest within its maturity period and after maturity period the price of bond will be increased. The coupon rate may be defined as the rate at which the bond will yield an interest. It is the rate which will be paid by the issuer. A high-coupon bond will be the one in which the coupon rate will be more and the interest earned will be more. A low-coupon bond will be the one in which the coupon rate will be less and the interest earned will be less, High coupon bonds are less sensitive as compared to low coupon bonds.
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Complete Question:
The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant. True or False
the three major types of vertical marketing systems are corporate, contractual, and multiple choice delegated. cooperative. administered. integrated. categorical.
The three major types of vertical marketing systems are corporate system, contractual system, administered system.
It is centrally controlled marketing channel which is designed to achieve the maximum marketing impact.
Corporate system is the combination of the stages of the production and distribution system under the same ownership . It is categorised into forward integration and backward integration.
Contractual system is the system under which production and distribution system integrate on the contractual basis. There is so single ownership under this system.
Administered system is the system which integrates production and distribution on the basis of size and influence of one channel member instead of ownership.
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Compared to marketing channels for consumer products, business channels exhibit what two characteristics?.
The 2 characteristics of business channels; The channel tends to have confidence in one intermediator or none.
The channel is usually shorter.
Inter- manner "among, among," associate degree intermediator is somebody WHO actions to and fro within the middle location between 2 sides—a "cross-between." Treater (which stocks the medi- root) is usually a word, and then is a facilitator; broking and agent square measure often others.
An intermediator may be a third party that offers intervention offerings between events that involve transfer messages between principals in an exceeding dispute, stopping a direct bit and capability increase of the matter.
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for financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to:
For financial reporting purposes, total amount of period costs incurred to sell 4,000 units is closest to $33000.
What is financial reporting?The period of growth and expansion is exciting for many enterprises. It produces fresh chances, attracts new clients, and increases earnings and revenue. However, it can be challenging to make wise choices about how to run and expand your company if your team lacks critical financial reporting and analysis skills. What precisely is financial reporting, then. One of the most important corporate procedures is financial reporting, which accounting, finance, and business all need to comprehend and value. The goal of financial reporting is to improve corporate performance and results through a thorough examination of monthly, quarterly, or annual financial data. You can comprehend your company's performance and spot possibilities to make the best business decisions for future expansion with the aid of a fast and accurate financial reporting procedure.
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what was the name of the model that allowed for growth, scalability, and monopolistic control of an idea, service, or process, that was followed by future entrepreneurs?
Human centered design.
The study of a methodology known as “human-centered design” is one that focuses on finding solutions to issues or challenges related to product design or the formulation of managerial activities that aid in problem solving. It enables a single entrepreneur to advertise their preferred concepts. It enables a single entrepreneur to advertise their preferred concepts. The benefit of human-centered design thinking is not guaranteed by it. It entirely relies on the entrepreneurs to contribute their own ideas without consulting the team.
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Which best describes the flow of overhead costs in an activity-based costing system?.
Overhead costs to activity costs pools to cost drivers to products best describes the flow of overhead costs in an activity-based costing system.
The term "overhead" describes continuing business costs that aren't directly related to providing a good or service. It is crucial for budgeting as well as for figuring out how much a business must charge for its goods or services in order to turn a profit.
Expenses that are incurred to support the business but are not specifically tied to a product or service are collectively referred to as overhead.
ABC is a technique for allocating overhead and indirect costs, such salaries and utilities, to goods and services. The ABC system of cost accounting is built around activities, which are defined as any occasion, project, or task with a clear objective.
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a trademark is group of answer choices a legal right to position a firm's product in high-traffic public areas such as airports and post offices. a distinguishing attribute such as a sign or logo that allows a firm to uniquely identify its product. a legal instrument which grants a firm the right to differentiate its product. a patent on a firm's product.
A trademark is a distinguishing attribute such as a sign or logo that allows a firm to uniquely identify its product. The correct answer would be option B.
A trademark is a recognisable phrase, word, emblem or symbol that identifies a particular product and legally distinguishes it from all other products of its sort. A trademark recognises the company's ownership of the brand and solely distinguishes a product as being its own. Generally speaking, trademarks are regarded as a type of intellectual property.
Not only can trademarks aid in product differentiation within the judicial and commercial systems, but they also play a crucial role with customers. Words and design features that identify the creator, owner or developer of a good or service are identified and protected using them. They may take the form of company logos, catchphrases, musical acts, or product brand names.
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a balanced scorecard (bsc) is used to measure the performance of the simulated business. which indicators are used in the calculation of the bsc? choose all that apply.
The choices are all valid. A balanced scorecard (BSC) is used to assess the effectiveness of the fictitious company.
A balanced scorecard (BSC) is what.A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organizations.
In order to produce quantitative results, data collection is essential because managers and executives must gather and analyze the data. The decision-making of company personnel for the future of their organizations can be improved with the help of this information.
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Correct Question:
A balanced scorecard (BSC) is used to measure the performance of the simulated business. which indicators are used in the calculation of the BSC? choose all that apply.
Customer Retention
Total Performance
Market Performance
Marketing Effectiveness
which target market the Beetle’s makers and promoters were aiming at.
Answer:
(I don't know if this is what your looking for but)Explanation:
The target segment for the new Beetle is 18-34 years olds and baby boomers