BUSN - Review the Inquirer to determine Chester’s current strategy
Question # 00027834
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Updated on: 10/09/2014 01:47 AM Due on: 10/09/2014
Review the Inquirer to determine Chester’s current strategy. Where will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Chester would be most likely to pursue.
Select: 5
Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand
Increase demand through TQM initiatives
Seek high automation levels
Reduce cost of goods through TQM initiatives
Seek high plant utilization, even if it risks occasional small stockouts
Reduce labor costs through training and recruitment
Add additional products
Seek the lowest price in their target market while maintaining a competitive contribution margin
Seek excellent product designs, high awareness, and high accessibility
Offer attractive credit terms
The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,090,000. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use? (Use FASB GAAP)
Select: 1
$32,720,000
$33,538,000
$29,448,000
$35,446,667
The Chester Company has just issued $7,169,042 in dividends last year. The effect of this payment on the balance sheet is:
Select: 1
Expenses will increase $7,169,042
Net Profit will decrease $7,169,042
Equity will decrease $7,169,042
Liabilities will increase $7,169,042
What is the Profit Margin of Chester?
Select: 1
.15
12.68
6.61
.08
Chester has a ROA of 0.12 (ROA = Net income/Total Assets). That means:
Select: 1
Every dollar of Chester's assets result in earnings of $0.12.
Chester uses $0.88 of each dollar earned to purchase assets.
Chester uses $0.12 of each dollar earned to purchase assets.
Every dollar of Chester's assets result in earnings of $0.88.
Midyear on July 31st, the Digby Corporation's balance sheet reported:
Total Liabilities of $50.986 million
Cash of $4.020 million
Total Assets of $81.964 million
Retained Earnings of $17.162 million.
What was the Digby Corporation's common stock?
Select: 1
$52.160 million
$48.140 million
$13.816 million
$17.836 million
Which mission statement best represents the Digby company?
Select: 1
Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments.
Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments.
Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers can count on.
Innovation meets revolution. We create value for our customers through breakthrough designs that lead to unique high-performance products.
Select: 5
Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand
Increase demand through TQM initiatives
Seek high automation levels
Reduce cost of goods through TQM initiatives
Seek high plant utilization, even if it risks occasional small stockouts
Reduce labor costs through training and recruitment
Add additional products
Seek the lowest price in their target market while maintaining a competitive contribution margin
Seek excellent product designs, high awareness, and high accessibility
Offer attractive credit terms
The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,090,000. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use? (Use FASB GAAP)
Select: 1
$32,720,000
$33,538,000
$29,448,000
$35,446,667
The Chester Company has just issued $7,169,042 in dividends last year. The effect of this payment on the balance sheet is:
Select: 1
Expenses will increase $7,169,042
Net Profit will decrease $7,169,042
Equity will decrease $7,169,042
Liabilities will increase $7,169,042
What is the Profit Margin of Chester?
Select: 1
.15
12.68
6.61
.08
Chester has a ROA of 0.12 (ROA = Net income/Total Assets). That means:
Select: 1
Every dollar of Chester's assets result in earnings of $0.12.
Chester uses $0.88 of each dollar earned to purchase assets.
Chester uses $0.12 of each dollar earned to purchase assets.
Every dollar of Chester's assets result in earnings of $0.88.
Midyear on July 31st, the Digby Corporation's balance sheet reported:
Total Liabilities of $50.986 million
Cash of $4.020 million
Total Assets of $81.964 million
Retained Earnings of $17.162 million.
What was the Digby Corporation's common stock?
Select: 1
$52.160 million
$48.140 million
$13.816 million
$17.836 million
Which mission statement best represents the Digby company?
Select: 1
Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments.
Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments.
Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers can count on.
Innovation meets revolution. We create value for our customers through breakthrough designs that lead to unique high-performance products.
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Rating:
/5
Solution: BUSN - Review the Inquirer to determine Chester’s current strategy