Answer:
b. NPW(SL): $33,738; NPW(DDB): $37,068; Recommendation: DDB
Explanation:
The computation is shown below:
As we know that
Present value is
= [Cash Flow ÷ (1 + Rate of Interest)^Year]
where,
Rate of Interest = 10%
Under Straight-line depreciation:
Beginning book value = $50,000
Salvage value = $5,500
So, the depreciationper year is
= [($50,000 - $5,500) ÷ 5]
= $8,900
Year Beginning Depreciation End Present value
book value book value of depreciation
1 $50,000 $8,900 $41,100 $8,090.91
2 $41,100 $8,900 $32,200 $7,355.37
3 $32,200 $8,900 $23,300 $6,686.70
4 $23,300 $8,900 $14,400 $6,078.82
5 $14,400 $8,900 $5,500 $5,526.20
$33,738.00
Under Double declining depreciation:
Depreciation rate per year = (1 ÷ Useful Life) × 100
= 1 ÷ 5 × 100
= 20%
Now for double-declining, the rate is doubled
So,
= 20% × 2
= 40%
Year Beginning Depreciation End Present value
book value book value of depreciation
1 $50,000 $20,000 $30,000 $18,181.82
2 $30,000 $12,000 $18,000 $9,917.36
3 $18,000 $7,200 $10,800 $5,409.47
4 $10,800 $4,320 $6,480 $2,950.62
5 $6,480 $980 $5,500 $608.50
$37,068
A seller has accepted an offer from John. John wants to remodel and add an outdoor pool when he has enough equity built up to cover the project. Which loan arrangement will help him build equity faster than the others?
Answer:
make a 40% down payment upfront
Explanation:
The best arrangement that would help him accomplish this would be to make a 40% down payment upfront. The best way to build equity as fast as possible is to put down the biggest down payment that you can. The bigger the down payment, the higher the boost in equity that you will receive. That is why it is the best option. Anything above 20% down payment is the ideal scenario, while 40% would be perfection.
What is the line manger
Answer:
it a person that is in line to be the nexted manger
Explanation:
You have yet to meet with the folks in Finance at Informational Systems as part of your consulting work for Workplace Solutions Consulting, so you contact the admin for the CFO to set up a meeting. You are told that the CFO is on travel, but you could meet with the Director-level people the next day. At that meeting you get the three Directors in a conference room where they proceed to open up and share their frustrations with working with the CFO. They state that she is difficult to work for because she doesn’t listen to anyone and makes all decisions without consulting them at all
Discussion Part 1: What type of leadership is the CFO displaying? What are the benefits of this type leader? What are the limitations? Under what conditions would this type of leadership be successful?
Answer:
autrotractic
Explanation:
benefits. ,improves productivity
reduces stress
counters tea, inexperience
Some people claim to have found physical evidence for the existence of the soul. Duncan McDougall, for example, placed dying people on a very precise scale and found that they lost between ¾ oz. and 1½ oz. at the moment of death. Does this prove the existence of a Cartesian soul? (Descartes' conception of the mind/soul).
Answer:
No
Explanation:
The information that Duncan McDougall has discovered does not prove the existence of a Cartesian Soul because it does not clearly tie the missing weight to the soul. Other scientists believe that the lost weight upon death is simply due to the body's excessive sweating and that the lost weight can be accounted for as liquids that have left the body and not a Cartesian Soul. Therefore, unless there is a clear and undeniable link between the lost body weight and a Cartesian Soul it does not prove anything.
If we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year. a. True b. False
Answer:
a. True
Explanation:
A periodic interest rate can be defined as an interest rate that is realizable on an investment such as securities (bonds) or charged on a loan over a specific period of time.
Mathematically, it is given by the formula;
[tex] Periodic \; interest \; rate = \frac {annual \; interest \; rate}{number \; of \; compounding \; periods} [/tex]
Hence, if we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year.
A stock has had returns of 16 percent, 23 percent, 15 percent, −11 percent, 30 percent, and −5 percent over the last six years.What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic return % Geometric return %
Answer and Explanation:
The computation of the arithmetic and geometric return for the stock is shown below:
Arithmetic return is
= (16% + 23% + 15% - 11% + 30% - 5%) ÷ 6
= 11.33%
And,
Geometric return is
= ((1 + 16%) × (1 + 23%) × (1 + 15%) × (1 - 11%) × (1 + 30%) × (1 - 5%))^(1 ÷ 6) - 1
= 10.33%
The same is to be considered
Imagine that you have a new idea that you want to pitch to your supervisor at work. They said you could have 5 minutes to pitch--what is the first thing you'd want to do in the pitch?
a. Create a way to satisfy a need.
b. Make a call to action.
c. Get their attention.
d. Demonstrate a need.
Answer:
D
Explanation:
The idea is the solution to the problem therefore, present the problem to your supervisor and show him the solution
A pitch is a process of presenting an idea to someone who has the authority to act on it. It is the art of projecting a concept to gain as much support as possible, and an effective pitch emphasizes benefits.
Option D is the correct answer because;
When pitching an idea to the supervisor at work an individual has to touch the need inside the target and flourish that area of concern to interest the supervisor. When the need is answered, the automatic attention to understanding the idea will be the next step. Therefore, knocking the need and answering the need through the pitch is the primary thing the employee has to do at work to impress the supervisor.For more information regarding the pitching idea, refer to the link:
https://brainly.com/question/16158081
If you where advising someone on developing a "marketing communications plan", what factors would you address in this selection process?
Explanation:
Marketing Communications Plan can be described as the technique that an organisation or individual uses to attract the attention of consumers through different forms of communication.
Factors to address in the selection of a Marketing Communications Plan is as follows:
1. The first factor to keep in mind is the target market or your target customers.
2. The second factor is the goals and objectives of the said plan.
3. Another important factor is the budget allocated for the plan.
4. Fourth factor is the advertising and promotional policies.
Match the jobs with the career clusters
FOR PLATO EXPLORING CAREER OPTIONS POST TEST!
Health Science
Hospitality and Tourism
Human Services
List of Careers:
- Radiologist
-Sociologist
-Concierge
-Nurse Practitioner
-Meeting Planner
-Adult Care Counselor
?
Answer:
Health Science - Radiologist, Nurse Practitioner
Hospitality and Tourism - Concierge, Meeting Planner
Human Services - Sociologist, Adult Care Counselor
There are different career: Health Science: Nurse Practitioner, radiologist. Hospitality and Tourism: meeting planner, concierge. Human Services: adult care counselor and sociologist.
Various occupations connected to healthcare and medicine are included in the health science career cluster. Radiologist and Nurse Practitioner are two professions that fall within this cluster.
The hospitality and tourism career cluster covers a variety of occupations that are connected to the management, marketing, and operation of eateries, accommodation, attractions, leisure activities, and travel-related services.
The human services career cluster encompasses a variety of occupations dedicated to helping people and communities.
Learn more about the career, here:
https://brainly.com/question/8825832
#SPJ2
International trade benefits a nation when:
a. no domestic jobs are lost because of trade.
b. all nations are specializing in producing what they do best.
c. its revenue from selling abroad exceeds its outlays from buying abroad.
d. its trading partners experience reduced economic well-being.
Answer:
C
Explanation:
I am pretty sure that this would be C, because it would not be preserving a nation if you tried to hurt it.
Answer:
all nations are specializing in producing what they do best.
Assume your goal in life is to retire with $2,500,000. How much would you need to save at the end of each year if interest rates average 7% and you have a 20-year work life?
Answer:
Annual deposit= $60,982.31
Explanation:
Giving the following information:
Future Value= $2,500,000
Number of periods= 20 years
Interest rate= 0.07
To calculate the annual deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2,500,000*0.07) / [(1.07^20) - 1]
A= 60,982.31
In December 2005: Currency held by individuals and businesses, $724 billion Money market funds and other deposits, $711 billion. Savings deposits, $3,622 billion Time deposits, $974 billion Checkable deposits owned by individuals and businesses, $638 billion Traveler's checks held by individuals and businesses, $7 billion Calculate Ml and M2 in December 2005. M1 in December 2005 was $______ billion. M2 in December 2005 was $ ______billion.
Answer:
M1 = $1,369M2 = $6,676Explanation:
M1 and M2 are both definitions of money.
M1 refers to the most liquid cash which includes actual currency, checkable deposits and Traveler's checks.
M2 is M1 in addition to Savings deposits, time deposits and Money market funds
M1 = 724 + 638 + 7
= $1,369
M2 = 1,369 + 3,622 + 974 + 711
= $6,676
The four major expenditure categories of GDP are: Group of answer choices consumption, government purchases, taxes, and investment. consumption, investment, taxes, and net exports. consumption, investment, government purchases, and net exports. consumption, imports, exports, and government purchases. consumption, investment, government purchases, and stocks.
Answer:
consumption, investment, government purchases, and net exports.
Explanation:
The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.
Basically, the four major expenditure categories of GDP are consumption, investment, government purchases, and net exports.
Xylo, a calendar-year C corporation, acquired the assets of Yerkes, also a calendar-year C corporation, on March 1 of the current year. One of the assets acquired was a trademark to which Xylo properly allocated $1,200,000 of the purchase price. What is Xylo's amortization deduction for the current year?
Answer:
$66,667
Explanation;
Calculation for the amortization deduction for the current year
The value or amount of trademarks that is been acquired due to the conduct of either a trade or business will be amortized over a period of 15-year
Hence:
Amortization deduction for the current year=[($1,200,000 ÷ 15 years) ÷ 12 months] × 10 months
Amortization deduction for the current year=$66,667
Note that March 1 to December 31 December will give us 10 months
Therefore the Amortization deduction for the current year will be $66,667
The bonds issued by Stainless Tubs bear a 6 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000 face value. Currently, the bonds sell for $989. What is the yield to maturity
Answer:
The annual YTM will be = 6.133735546% rounded off to 6.13%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon payment
F is the Face value of the bond
P is the current value of the bond
n is the number of years to maturity
Coupon payment = 1000 * 0.06 * 6/12 = 30
Number of periods remaining till maturity = 11 * 2 = 22
semi annual YTM = [ (30 + (1000 - 989 / 22)) / (1000 + 989 / 2)
semi annual YTM = 0.03066867773 or 3.066867773% rounded off to 3.07%
The annual YTM will be = 3.066867773% * 2 = 6.133735546% rounded off to 6.13%
Mesa Corp. allocates overhead to production on the basis of direct labor costs Mesa's total estimated overhead is $450,000 and estimated direct labor is $180,000. Determine the amount of overhead to allocated to finished goods inventory if there is $20,000 of total direct labor cost in the cost in the jobs in the finished goods inventory. A. $8,000 B. $20,000 C. $70,000 D. $50,000 E. $90,000
Answer:
The correct option is D. $50,000.
Explanation:
This can be calculated using the following formula:
Overhead allocated to finished goods inventory = (Total direct labor cost in the cost in the jobs in the finished goods inventory / Estimated direct labor) * Total estimated overhead ................. (1)
Where;
Total direct labor cost in the cost in the jobs in the finished goods inventory = $20,000
Estimated direct labor = $180,000
Total estimated overhead = $450,000
Substituting the values into equation (1), we have:
Overhead allocated to finished goods inventory = ($20,000 / $180,000) * $450,000 = 0.111111111111111 * $450,000 = $50,000
Therefore, the correct option is D. $50,000.
Feeling "He who does the work of the King ought to be King," Pope Zacharias helped whom become King of the Franks in 751?
a. Charles Martel
b. Childeric
c. Pepin the Short
Answer:
(C) Pepin The Short
Explanation:
In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.
In 743AD, Pepin and his brother chose Childeric to be the apparent King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).
In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.
In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.
Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.
what are the intangible property that is protected by law which an enterpreneur should consider when starting up a business
Answer:
Several types of intanigle property, also known as intangible assets, are protected by law. The three main types are: copyrights, patents, and trademarks.
A copyright is a protection of a creative work like a book, a song, or a film
A patent is a legal protection for a scientific or technological invetion.
And a trademark is a protection of a phrase, name, brand, or symbol that identifies a particular company.
Hadi makes wooden souvenirs to sell them during Baalbek festivals. Hadi believes if he puts more effort his small business will grow up, thus he increases the working hour of each worker from 50 hours per month to 60 hours per month. Hadi is interested in determining his productivity, He has the following data:
Month 1 Month 2
Output 250 units 320 unit
Worker 4 employees, cost per hour $5 4 employees, cost per hour $5
Overhead Expenses $600 $700
Find the worker productivity per dollar of Month 1 (6 points) *
None of the above
1.25
0.25
12.5
Find the change in worker productivity per labor hour. (6 points) *
6.7%
6.4%
6.5%
6.6%
Find the total productivity of Month 2. (6 points) *
0.17
0.16
0.15
0.18
Find the change of the total productivity (7 points) *
6.7%
6.5%
6.8%
6.6%
Answer:
1.25
6.4%
0.17
not sure of the last one
Explanation:
(Preferred stock valuation) You are considering an investment in one of two preferred stocks, TCF Capital or TAYC Capital Trust. TCF Capital pays an annual dividend of $2.16, while TAYC Capital pays an annual dividend of $1.94. If your required return is 11percent, what value would you assign to the stocks?
The value of the TCF Capital preferred stock is $______ per share
Answer:
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = $17.6363 rounded off to $17.64
Explanation:
The value of current price of a preferred stock can be calculated using the formula for perpetuity. A preferred stock qualifies as perpetuity because its dividend payments are of a constant amount, are paid after equal intervals of time and are for an indefinite time period. The formula for price of the stock is as follows,
P0 = Dividend / r
Where,
r is the required rate of return
Price of TCF Capital = 2.16 / 0.11
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = 1.94 / 0.11
Price of TAYC Capital = $17.6363 rounded off to $17.64
Demand forecasting is the process of creating statements about ____________ of demand that are ______________.
a. future realizations, currently uncertain
b. current uncertainties, future realized
c. current realizations, future realized
d. future uncertainties, currently realized
Answer:
a. future realizations, currently uncertain
Explanation:
Demand forecasting is the process where the demand is forecasted based on the past sales so that the estimation of the customer demand could be done. It tells the value of the goods and services that the customer will buy in near future
So according to the given options, the first option is correct as it is based on the future i.e. totally uncertain
Therefore the first option is to be chosen
In 2020, Miranda records net earnings from self-employment of $193,800. She has no other gross income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction. In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar.
Answer:
the self employment tax on 92.35% of your net income as self employed by 15.3% = $193,800 x 92.35% = $178,974.30
Miranda will pay social security (OASDI) taxes for the first $137,700 = $137,700 x 6.2% x 2 = $17,074.80
Her Medicare taxes will be calculated using $178,974.30 x 1.45% x 2 = $5,190.25
total self employment taxes = $17,074.80 + $5,190.25 = $22,265.05
Miranda can deduct 50% of her self employment taxes from her AGI = $22,265 x 50% = $11,132.50 ≈ $11,133
An engineer who is now 65 years old began planning for retirement 40 years ago. At that time, he thought that if he had $1 million when he retired, he would have more than enough money to live his remaining life in luxury. Assume the inflation rate over the 40-year time period averaged a constant 4% per year.
Required:
a. What is the CV purchasing power of his $1 million at age 65?
b. How many future dollars should he have accumulated over the 40 years to have a CV purchasing power equal to $1.9 million at his current age of 65?
Answer:
The answer is "$208,289.045 and $9,121,939.2"
Explanation:
In point a:
40 years before CV buying power:
[tex]= \frac{\$ \ 1,000,000}{(1 + 4.00\%) ^ {40}}\\\\= \frac{\$ \ 1,000,000}{4.80102063}\\\\= \$ \ 208,289.045[/tex]
CV buying power was $208,289.045 and for 40 years before the start of each year forty years ago.
In point b:
Power CV = $1.9 million
Future accumulated value:
[tex]= \$ \ 1,900,000 \times (1 + 4.00 \%) ^ {40}\\\\= \$ \ 1,900,000 \times 4.80102063\\\\= \$ \ 9,121,939.2[/tex]
The future accumulated value will be= $9,121,939.2.
I-cache miss rate is 2%, D-cache miss rate is 5%. Miss penalty is 100 cycles. Base CPI is 2 CPI. If load and store are 20% of instructions, what is the actual CPI?
Answer:
5
Explanation:
Given that:
i - cache miss rate = 2%
D-cache miss rate = 5%
Miss penalty = 100 cycles
Base CPI = 2 CPI
If load and store are 20% of instructions
i - cache = 2% * 100 = 0.02 * 100 = 2
D - cache = 5% * 20% of instructions * 100
D - cache = (0.05 * 0.2 * 100) = 1
Base CPI = 2
Hence, Actual CPI :
i - cache + D-cache + Base CPI
(2 + 1 + 2) = 5
RedEx Shipping determined the rate to apply overhead based on direct labor hours would be $5.40, and based on machine hours would be $4.20. Job 664 used $26.00 of direct materials, 2.5 machine hours, and 4 hours of direct labor at a cost of $14 per hour. How much is the manufacturing cost of job 664 if RedEx Shipping applies overhead based on machine hours?
a. $92.50
b. $10.50
c. $21.60
d. $103.60
Answer:
Manufacturing cost= $92.5
Explanation:
Giving the following information:
Predetermined overhead rate= $4.2 per machine hour
Job 664:
2.5 machine hours
$26.00 of direct materials
4 hours of direct labor for $14 per hour.
To allocate overhead, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4.2*2.5= $10.5
Now, the manufacturing cost:
Manufacturing cost= 10.5 + 26 + 4*14
Manufacturing cost= $92.5
David Burdick is the CEO of ACME Bubblegum, a successful public company. As one of the cofounders of the company, Burdick has enjoyed speaking and writing about the success of ACME Bubblegum for several years. Typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. Specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of ACME Bubblegum’s competitors. Burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for ACME Bubblegum.
Should Burdick be allowed to praise his company’s performance anonymously online? Should he be allowed to attack his competitors without disclosing his relationship with the company? How would you feel if the CEO of a company at which you shopped was secretly writing criticisms of his or her competition? How would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed?
1. Define the ethical issue?
2. Who are the primary stakeholders?
3. What are the possible alternatives?
4. How could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)?
5. What action would you recommend and why?
Answer:
Ethical practices is a must in an organization. Organization which practices best ethical practices survives in the market.
Explanation:
1. The ethical issue in the above context is that the company CEO is secretly swaying the buying behavior of the consumers without revealing his identity in favor of the products of his company. As a result, the consumers blindly believes him to be some independent external expert. The CEO of the company is taking advantage of his customer's trust.
2. The primary stake holders are :
- the readers and the society
- the consumers
- the CEO and his teams
- the owners of the company
3. The possible alternatives :
-- the CEO should disclose his identity to the readers and should provide constructive criticism to his competitors.
-- by disclosing himself and advertising or writing only about his company's product.
-- stop writing about the products and disclose his identity.
4. With the first alternative, by disclosing the identity of the CEO will help the buyers or the readers to take decisions wisely as they will know who the writer or critic is of the product. This also leads to confusion of the customers as it leads to ambiguity of the market, as the criticism of other players in the market will be similar.
With the second alternative, the consumers will get information or an idea about the products of the company. The readers can read and follow the bloggers of their choice if the identity identity is known to them. It is right practice to disclose oneself and one's opinion about the products and let the readers decide what is good for them.
With the third alternative, the readers and the consumers are devoid of the views of the blogger of their choice. It is not good for any of the readers, bloggers or for the consumers also. If someone is in the CEO position, the freedom of expression should not be curtailed.
5. Alternative second is considered the best alternative because :
- readers are aware of the identity of the blogger.
- the blogger can disclose his identity and continue his blogging
- now the consumer can best choose their product based on their research and knowledge
Suppose a tax of $5 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 200 units to 100 units. The tax decreases consumer surplus by $450 and decreases producer surplus by $300. The deadweight loss from the tax is:_____
Answer:
$250
Explanation:
Deadweight loss from the tax = 1/2*Tax rate*(Quantity change)
Deadweight loss from the tax = 1/2* $5 * (200-100)
Deadweight loss from the tax = 1/2* $5 * 100
Deadweight loss from the tax = $250
Thus, the deadweight loss from the tax is $250
Assets Liabilities
1 Short-term consumer loans (one-year maturity) $150 1 Equity capital (fixed) $120
2 Long-term consumer loans 125 2 Demand deposits (two-year maturity) 40
3 Three-month Treasury bills 130 3 Passbook savings 130
4 Six-month Treasury notes 135 4 Three-month CDs 140
5 Three-year Treasury bond 170 5 Three-month bankers acceptances 120
6 10-year, fixed-rate mortgages 120 6 Six-month commercial paper 160
7 30-year, floating-rate mortgages (rate adjusted every nine months) 140 7 One-year time deposits 120
8 Two-year time deposits 40
$970 $970
Required:
Suppose that interest rates rise by 2 percent on both RSAs and RSLs. The expected annual change in net interest income of the bank is:______
Answer: $300,000
Explanation:
One year Rate Sensitive Assets (RSA) = Short term consumer loans (one year maturity) + Three month treasury bills + Six month treasury notes + 30 year floating rate mortgages ( rate adjusted every nine months)
= 150 + 130 + 135 + 140
= $555 million
One Year Rate Sensitive liabilities (RSL) = Three month CDs + Three month bankers acceptances + Six month commercial paper + One year time deposits
= 140 + 120 + 160 + 120
= $540 million
RSA - RSL = 555 - 540 = $15 million
Change in interest income = Difference between RSA and RSL * change in interest rates
= 15,000,000 * 2%
= $300,000
Which option is appropriate for an organization, like an airline, that cannot tolerate any downtime or any loss of data
Question Completion:
Options:
A. Any of the three choices is appropriate.
B. Real-time mirroring
C. Cold site
D. Hot site
Answer:
The appropriate option for an organization, like an airline, that cannot tolerate any downtime or any loss of data is:
B. Real-time mirroring
Explanation:
Real-time mirroring copies data in real-time from one storage device to another storage device. This ensures that the copied data is an exact copy of the data from the original device. Where office space is needed because of a disaster, a cold site is appropriate. On the other hand, a hot site is a commercial disaster recovery service for continued computer and data processing operations.
What is a classic marketing exercise that is used to declare that one’s own food or drink product is superior to the market leader?
Answer:
Blind taste test
Explanation:
As the name suggests the blind taste test is the test i.e. taken for tasting the food having blindfold where you are not aware of which brand of food you are tasting. You can judge by tasting it
So here in the given situation, if the own food or the drink product is declared so it would become superior to the leader of the market. This case would applied in the blind taste test
Therefore the same is to be considered