Signature Appliance Group decided to remove the grill unit from the ovens it sells in South America after customers complained they preferred to grill outside and would never use this feature. Which environmental force caused the company to change its product

Answers

Answer 1
Answer:

Answer:

Signature Appliance Group

The environmental force that caused the company to change its product features is:

the Social and Cultural Environment.

Explanation:

The Social and Cultural Environment refers to the changing needs of customers in South America as a result of the values, attitudes, and preferred styles of consumers. These are always in a state of flux every year.  Since customers preferred to grill outside rather than inside their kitchens, adding the grill unit in the ovens that the company sells in South America will not enable customers to choose its ovens over competitors'.  To respond to the stated needs of its customers, the grill must be removed, thereby reducing the cost of the ovens.

Answer 2
Answer:

Final answer:

The change made by Signature Appliance Group in removing the grill unit from their ovens sold in South America was influenced by the consumer environment force. This change was made in response to consumer preferences for outdoor grilling, thus altering the physical aspects of their product.

Explanation:

In the context of the scenario provided, it was the consumer environment force that influenced Signature Appliance Group to remove the grill unit from its ovens sold in South America. Consumer environment force pertains to changes in consumer preferences, habits, or buying behaviors. The company observed that its customers in South America preferred outdoor grilling and as a result, they opted not to use the grilling feature of the oven. Hence, the company decided to alter the physical aspects of its product by removing the grill from the ovens. Such alteration represents a response to consumer demands, thereby aiming to improve customer satisfaction and product relevance. Expounding on physical aspects, these are tangible characteristics or features of a product that cater to consumer needs and preferences, as shown in the example of nonstick surface, unbreakable bottle, and other such elements.

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Advantages of using the opportunity cost of capital as a discount rate are: a. it is easily understood by most investors. b. it permits direct comparison between projects of the same general risk category. c. it permits risk analysis to be incorporated into policy guidelines. d all of the above.

Answers

Answer:

The correct option is D (all of the above)

Explanation:

Opportunity cost is the rate of return which can be earned from the next best alternative investment opportunity with similar risk profile. Also the meaning of opportunity cost doesnt change only the factors do.

This concept is not as simple as it may first appear. The person making the decision must estimate the variability of returns on the alternative investments through the period during which the cash is expected to be used.

Insider trading is seen as a threat to the functionality of the financial markets. Write a short paragraph describing why this is so.

Answers

Answer:

insiders can cheat the market.

Explanation:

They can do things on the inside to make a stock go up or down. this can be an advantage to buying in low and selling high. Elon Musk did something similar, (put this in your answer for a kick) as he used his social influence to lower his stock, by saying its "overpriced" making people sell it. when the stock fell, more investors used the buying in low strategy, and he split the stock to allow smaller investors to buy into the stock, giving him 8 BILLION dollars in one market day. (I LOVE THE STOCK MARKET, IF YOU WANT TO LEARN POST A COMMENT AND I WILL TEACH YOU A LOT!!)

Final answer:

Insider trading is a threat to financial markets because it disrupts the fairness and transparency necessary in these markets. It involves using confidential info to make advantageous trades, giving some an unfair advantage and undermining trust in the market.

Explanation:

Insider trading is indeed considered a threat to the functionality of financial markets. This is primarily due to the nature of insider trading, where confidential, non-public information about a company is used to make advantageous trades. This information imbalance disrupts the fairness and transparency that the financial markets rely on to operate efficiently. For instance, if a company's internal member knows something crucial that could significantly impact the company's stock price and trades based on this information before it is publicly released, then they have an unfair advantage over other market participants. This can lead to a lack of confidence and trust in the market, which is detrimental to the smooth functioning of financial markets.

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Assume that demand for a service depends upon price and income, where the price elasticity of demand is Ep = –0.6 and income elasticity is Ey = 1.2. If price falls by 4% and income rises by 2%, the quantity demanded of the service will _____. (a)-falls by 2.4%
(b)-falls by 9.6%
(c)-not affected since the price change and income change will exactly offset one another.
(d)-increase by 6%
(e)-increase by 4.8%

Answers

Answer:

Increase by 4.8%

Explanation:

The 4% price reduction will cause an increase in demand by 2.4%.  

\Delta Q/Q=\epsilon_p*\Delta P/P=(-0.6)*(-0.04)=0.024

The 2% rise in income will cause an increase in demand by 2.4%

\Delta Q/Q=\epsilon_I*\Delta I/I=(1.2)*(0.02)=0.024

If we take into account both variations and add them, we have an increase in demand by 2.4%+2.4% = 4.8%

2. On January 2, 2017, heavy equipment costing $800,000 was purchased. The equipment had a life of 5 years and no salvage value. The straight-line method of depreciation is used for book purposes and the tax depreciation taken each year is listed below: Tax Depreciation 2017 2018 2019 2020 Total $264,000 $360,000 $120,000 $56,000 $800,000 3. The enacted tax rates are 40% for all years. Instructions (a) Prepare a schedule comparing depreciation for financial reporting and tax purposes. (b) Determine the deferred tax (asset) or liability at the end of 2017.

Answers

Answer:

The solution to the given problem is done below.

Explanation:

(a)            Depreciation

            for Financial              Depreciation for Temporary

Year         Reporting Purposes           Tax Purposes            Difference

2017           $160,000                          $264,000          (104,000)

2018           $160,000                          $360,000          (200,000)

2019           $160,000                           $120,000            40,000

2020           $160,000                           $56,000            104,000

2021                  $160,000                                      0                        $160,000

                         $800,000                            $800,000                   0

(b)                        2018       2019          2020         2021           Total  

Future taxable

amounts:

Depreciation     $(200,000)      $40,000      104,000    $160,000    $104,000

Deferred tax liability: $104,000 × 40% = $41,600 at the end of 2017.

In the EOQ model, the average inventory per cycle over many cycles is Q/2. A. True B. False

Answers

Answer:

A. True

Explanation:

An organization would usually measure the volume of its orders in order to meet up with demand while also making sure that the cost per order is maintained at the nearest minimum. The tool used to measure the volume of frequent orders is Economic order quantity(EOQ) .

When inventories are ordered, there will be continuous movement of inventory say from Q(order amount) to zero. This means that the average inventory is Q ÷ 2. Also, the inventory costs for each period is the same as average cost(Q/2) multiply by length of the period.

Toledo Tire Company, which has been in business for several years, produces and sells automobile tires, including their all-terrain RP7 tire. The 2018 sales budget for their all-terrain RP7 tire is as follows: Quarter RP7 tires 1 10,000 2 12,000 3 11,000 4 14,000 Per company policy: - management desires an ending inventory of tires each quarter equal to 20% of the next quarter's sales; - sales units of tires in the first quarter of 2019 are expected to be 25% higher than sales for the first quarter of 2018; - beginning inventory of tires on January 1, 2018 is anticipated to be 3,000 units.

Answers

Complete Question:

a) Calculate the anticipated production for the first quarter of 2018 for the RP7 tire

b) Calculate the anticipated beginning inventory of the RP7 model tires for the third quarter of 2018

c) Calculate the anticipated production for the fourth quarter of for the RP7 tire

Answer:

a) Anticipated Production for the first quarter of 2018 for the RP7 tire = 9,400

b) Anticipated beginning inventory of the RP7 model tire for the third quarter of 2018 = 2,200

c) Anticipated production for the fourth quarter of 2018 for the RP7 tire = 13,700

Explanation:

The explanation is summarized by the table attached to this solution.