Cars and Motors Inc. sells 600 cars on average each month for $1,550,000 per unit. Monthly reports show that each unit has a variable cost of $675,000, with 40% on labor and 60% on materials used. Monthly fixed operating costs, such as utilities and lease rentals, are $89,500,000, while monthly fixed financing costs are $18,750,000. Drive and Roll Co., a close competitor, introduced a cheaper unit, causing Cars and Motors, sales to decrease by 15%. By how much percentage change in net income should Cars and Motors expect

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.