Answer:
The cost of goods manufactured is $557,300
Explanation:
In order to calculate the cost of goods manufactured we would have to make the following calculation:
cost of goods manufactured=Work in process inventory 1/1+Total manufacturing costs-Work in process 12/31
Work in process inventory 1/1)= $13,500
Total manufacturing costs=Direct materials used+Direct labor+Manufacturing overhead
Total manufacturing costs=166000+220000+180000=$566,000
Work in process 12/31=$22,200
Cost of goods manufactured=$13,500 +$566,000 -$22,200
Cost of goods manufactured= $557,300
The cost of goods manufactured is $557,300
B. Matching Type. Match Column B with Column A
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
How will the governments aggressive fiscal policy in response to the coronavirus pandemic affect national savings
Answer:postponed the declaration and payments of income taxes for individuals and enterprises.
Explanation:
Z
If you were seleted for this position, how quickly would you be able to start?*
If I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled.
As a responsible individual, I would like to make sure that I do not leave my current employer stranded and would provide them with adequate notice as required. I believe in fulfilling my professional obligations and would like to do the same in my current position. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner. This would include ensuring that all my work is up-to-date and handing over my responsibilities to my successor in a systematic and thorough manner.
Once the notice period is over and all the formalities have been completed, I would be able to start working in my new position. I understand the importance of being punctual and professional and would make sure that I arrive at work on time and fulfill all my responsibilities to the best of my abilities. I believe in teamwork and would work closely with my colleagues to ensure that the objectives of the organization are met.
In conclusion, if I were selected for the position, I would be able to start immediately, provided that all the formalities have been completed and all the requirements have been fulfilled. I would work with my current employer to ensure that I am released from my current position in a professional and amicable manner and would arrive at work on time and fulfill all my responsibilities to the best of my abilities.
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How does international business impact the U.S. economy?
Answer: International trade lowers the cost and increases the variety of U.S. consumer purchases, benefits U.S. workers who make exports and those who rely on imports as key inputs, and helps fuel innovation, competition, and economic growth. The United States is the world's largest economy and the largest exporter and importer of goods and services. Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services. Countries that are open to international trade tend to grow faster, innovate, improve productivity and provide higher income and more opportunities to their people. Open trade also benefits lower-income households by offering consumers more affordable goods and services.
Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:
State of Nature
Decision Alternative
Reject, s1
1 Year, s2
2 Years, s3
Produce pilot, d1
-100
50
150
Sell to competitor, d2
100
100
100
The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:
P(F) = 0.69
P(s1 | F) = 0.09
P(s1 | U) = 0.45
P(U) = 0.31
P(s2 | F) = 0.26
P(s2 | U) = 0.39
P(s3 | F) = 0.65
P(s3 | U) = 0.16
Construct a decision tree for this problem.
What is the recommended decision if the agency opinion is not used? What is the expected value?
Answer:
To construct the decision tree, we can follow these steps:
1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).
2. Assign the payoffs for each decision alternative under each state of nature.
3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.
4. Assign the probabilities of each state of nature at the chance nodes.
5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.
6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.
Here is the decision tree for this problem:
| Produce pilot (d1)
| -100
|____________
/|\
/ | \
/ | \
/ | \
P(F) = 0.69 / | \ P(U) = 0.31
/ | \
/ | \
/ | \
/ | \
s1 / | \ s2
/ | \
/ | \
/ | \
/ | \
/ | \
50 | F U F | 100
| |
| |
| |
| s3 | s3
| |
150| F | 100
|_______________________________|
If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).
To calculate the expected value:
Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))
= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)
= -6.93 + 8.97 + 66.88
= 68.92
Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))
= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)
= 13.95 + 12.09 + 4.96
= 30
Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.
Which examples best demonstrate likely tasks for Support Services workers? Check all that apply.
ОООООО
Britta examines a patient's teeth to assess whether they are healthy or need a procedure.
Darius gives medicine to a patient in a rehabilitation center.
Evelyn helps a patient understand the options on ways to treat his heart condition so he can make a decision.
Minh creates a plan for nutritious meals for a hospital cafeteria to make for the next month.
Keith prepares and serves food in a nursing home.
Shanita organizes the medical records in a medical clinic's back office.
Answer:
cde
Explanation:
The examples that best demonstrate likely tasks for Support Services workers is third, four and fifth statement.
The following information should be considered related to the support service workers :
Evelyn helps a patient understand the options on ways to treat his heart condition so he can make a decision.Minh creates a plan for nutritious meals for a hospital cafeteria to make for the next month.Keith prepares and serves food in a nursing home.Learn more: https://brainly.com/question/10283285?referrer=searchResults
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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this is economics… but: how does the global economy change the marketplace for seller
Engaging the global marketplace helps groups accelerate increase and take gain of an array of opportunities which includes access to a new client base. Gaining access to a new client base helps corporations establish new revenue streams and reap a aggressive area in opposition to competitors.
How does globalization impact the marketplace?In general, globalization decreases the fee of manufacturing. This means that corporations can provide goods at a decrease charge to consumers. The common fee of goods is a key component that contributes to increases in the standard of living. Consumers also have get right of entry to to a wider range of goods.
Marketing enables you to entice your customers via a number of fee creation, distribution, and conversation in international commercial enterprise management. The expansion of global markets does not affect the movement of customer items only, but additionally how agencies feature and reach out to collaborators.
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https://brainly.com/question/1311866#SPJ1In terms of morality, which do you believe is more important -- the intention of an action or the consequences of an action? Explain, using the ethical reasoning of Kant or utilitarianism to support your view. Share an example that illustrates your point. Make sure you fully demonstrate that you understand the theory you are using.
Whereas utilitarianism places more emphasis on results, Kantism places more emphasis on intention. The decision between these two ethical systems ultimately comes down to personal values and views.
According to Kantianism, an action's morality is determined by its purpose rather than by its outcomes. Kant felt that the categorical imperative, which states that we should only act in ways that we could wish to be universal standards, should serve as a guide for our action. Wgere utilitarianism, a consequentialist ethical philosophy, holds that an action's morality is determined by its effects. According to utilitarianism, a decision is morally right if it leads to the greatest amount of happiness for the largest number of people.
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An overall management objective is to:
a. minimize the number of sales transactions
b. minimize the total amount of accounts receivable
c. minimize the time from the beginning of the selling process to the end of cash collections
d. maximize the amount of float
Answer:
c. minimize the time from the beginning of the selling process to the end of cash collections
Explanation:
Management does not aim to minimize sales transactions or total amount of accounts receivable. Neither does it aim, to hold excess cash through cash float. Management aims to minimize the time from the beginning of the selling process to the end of cash collections so as to be liquid and avoid bad debts.
With regard to the composition of corporate boards in the United States,
corporate boards average approximately 12 members.
O about half of the directors are "outside" directors.
O five percent have at least one woman on the board.
twenty-five percent of all companies have at least one minority board member.
With regard to the composition of corporate boards in the United States, option B. About half of the directors are "outside" directors.
Corporate boards in the United States typically consist of a group of individuals responsible for overseeing the management and decision-making of a company. The composition of these boards can vary, but there are some common trends and practices.
Option A states that corporate boards average approximately 12 members. While this may be true for some companies, board sizes can vary significantly depending on the size and nature of the organization. Smaller companies may have fewer board members, while larger corporations may have larger boards to accommodate the complexities of their operations.
Option C suggests that five percent of corporate boards have at least one woman on the board. However, the representation of women on corporate boards has been a topic of discussion and a focus of efforts to improve diversity. Recent studies and reports indicate that progress has been made, and the percentage of women on boards has been increasing over time. However, the exact percentage varies among companies and industries.
Option D states that twenty-five percent of all companies have at least one minority board member. Like gender diversity, the representation of minorities on corporate boards has been a topic of concern and initiatives promoting inclusion. The percentage of companies with minority board members may vary, and efforts are being made to improve diversity in this regard as well.
Overall, it is important to recognize that the composition of corporate boards in the United States is evolving, and there is increasing recognition of the importance of diversity, including gender and minority representation. While specific percentages may vary, there is a growing emphasis on promoting diversity and inclusion in corporate governance practices. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
With regard to the composition of corporate boards in the United States,
A. corporate boards average approximately 12 members.
B. about half of the directors are "outside" directors.
C. five percent have at least one woman on the board.
D. twenty-five percent of all companies have at least one minority board member.
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Answer T or F to the following: _____ In general, job shop operations are larger than line flow operations. _____ In general, job shop operations use more general purpose equipment than line flow operations. _____ In general, job shop operations have higher variety of output than line flow operations. _____ In general, job shop operations have lower labour content than line flow operations. _____ In general, job shop operations are less flexible than line flow operations. _____ In general, job shop operations are more likely to measure their capacity by their outputs. _____ In general, job shop operations have less work in process inventory than line flow operations. _____ In general, job shop operations have higher skilled workers than line flow operations. _____ In general, job shop operations are less likely to compete on cost than line flow operations. _____ In general, job shop operations produce larger volume output than line flow operations.
Answer:
FalseTrueTrueFalseFalseFalseTrueTrueTrueFalseExplanation:
FalseThis is because Job shop operations are smaller than line flow operations
TrueThis is because line flow operations require more specific more specific tools
True.This is because high volume of a specific type of product
FalseThis is because in job shop the production of variety of products require a higher number of labor content
FALSEJob shop operations are more flexible than line flow operations
FALSEoperations are measured by degree of customization in job shops
TRUEJob shops are not usually involved in mass productions
TRUEJob shops posses higher skilled labors because of the customization involved with job shops
TRUELine flow operations are more cost effective because they produce in large quantities
FALSEThere is mass production in lie flow operation
Describe the power relationship between Numi and its supply chain partners.
In any supply chain, power dynamics can vary depending on various factors, such as the size of the companies involved, the type of product or service being supplied and the degree of competition in the market.
What is a product?In economics, a product refers to good or service that is produced, marketed, and sold to satisfy customer's needs and wants. A product can be tangible, such as a physical item like a smartphone or a car, or intangible, such as a service like consulting or healthcare. The production of a product involves various stages, including design, development, manufacturing, and distribution. A successful product must fulfill the needs and wants of the target market, be competitive in terms of quality and price, and be marketed effectively to reach potential customers. In addition to meeting customer demands, a product must also comply with relevant regulations and standards to ensure safety, quality, and sustainability. Ultimately, the success of a product depends on its ability to generate revenue and profit for the company that produces it.
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Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year, the business recognized $375,000 in revenues, $200,000 in expenses, and dividends of $35,000. Stockholders' equity at the end of the year was
$455,000.
$520,000.
$270,000.
$210,000.
Answer:
$520.000 po
Explanation:
ang compute ko 860.000 pero wala sa answer nyo
What do you think is the most important skill a judge can possess
Answer:
The decision making skill because it's hard for a judge to make the right decision.
A preparation outline is used to help organize the speaker's thoughts, ideas, and information. What is the purpose of a presentation outline? Question 14 options:
a. A presentation outline is used to provide copies of the speech to each member of the audience.
b. A presentation outline is used to present only the key points of a speech.
c. A presentation outline helps the speaker remember what to say during his or her speech.
d. A presentation outline is used to explore different patterns of organization.
The purpose of a presentation outline is to help the speaker organize and structure their speech in a clear and logical manner.The outline can also be used to help the speaker remember what they want to say during the presentation, allowing them to focus on delivering the content effectively without worrying about forgetting important details. The correct option is c.
The outline provides a framework for the content that will be presented, ensuring that all important points are covered and that the content is loaded with relevant information. Additionally, a presentation outline can be helpful for the audience as well, providing them with a clear roadmap of what to expect during the presentation and allowing them to follow along with ease.
While it may not be necessary to provide copies of the outline to each member of the audience, having a clear and organized presentation can make a big difference in how well the content is received and understood. Overall, a well-prepared presentation outline is an important tool for any speaker looking to deliver a successful and engaging presentation. The correct option is c.
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The consumer surplus will _____ by _____ when the United States engages in international trade and the international price for MP3 players settles at $50.
Answer:
tnetn
Explanation:eturyumryu
Integer userValue is read from input. Assume userValue is greater than 1000 and less than 99999. Assign hundredsDigit with userValue's hundreds place value.
Ex: If the input is 38947, then the output is:
The value in the hundreds place is: 9
A product or service's user value is the value that is met when a user interacts with it. Depending on the kind of good or service, user value components can be considered a subset of life value elements.
What do I value about my customers?The easiest way to describe customer value is to consider how much a customer values a certain good or service. The whole costs and advantages of a good or service are measured. Examples include the cost, the level of quality, and the benefits the good or service will provide for the specific customer.
What is the production of user value?It entails producing goods and services that consumers regularly find valuable from a customer perspective. These value generation processes are based on the product and innovation process.
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What is the easiest virtual learning program? (I’m tryna change programs)
Answer:
Udacity.com
Explanation:
I love using this its so easy and assemble come try it out!
Answer:
Khan Academy.
Khan Academy provides many courses you can study in, ranging from math to technology.I hope this helped at all.
why do you think p2p apps have become so popular?
P2P payment apps are popular in the U.S. because they make the exchange of money easy. Nearly half (46%) of smartphone owners say they regularly use peer-to-peer payment apps. These apps offer convenience and flexibility when it comes to making payments.
Suppose a merchant in a moneyless economy trade has goods for large amount of purple fabric. He intended to use the fabric to trade for other goods in another location. Well he traveled to the other market Place, however, A trade ship arrived with a large shipment of purple fabric. As a result, The merchant was only able to trade his fabric for about half of what he had expected it to be worth in return. This situation illustrates the need for what aspect of the purpose of money?
A. Unit of measure
B. Preservation of value
C. Government endorsement
D. Ease of exchange
Answer:
Preservation of value.
Explanation:
Money is a medium of exchange that is generally acceptable for transactional purposes.
As seen in the scenario , money may not necessarily be cash as some other items can be used as a medium of exchange in a trade by barter agreement so far the items has the features of money and acceptable.
However , one thing that could be pointed out in the transaction in the scenario is a loss of value of the purple fabrics before the transaction could take place as a result of sudden arrival of a trade ship that caused a surplus in the fabrics , and at the end , it could not achieve as much as was expected.
Therefore the need for the preservation of value of money is necessary and needed
Answer:
B) Preservation of value
Explanation:
This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.
If a firm could hire all the workers it wanted at a zero wage (i.e. the workers are unpaid interns), the firm should hire:
use ONE of these key terms in answer: "diminishing marginal returns" or "MPP" or "productivity"
Up until the marginal product of labour (MPP) reaches zero, which is the point of diminishing marginal returns, a company should employ unpaid interns. Still, productivity must be taken into account.
How do implicit and explicit costs differ?Explicit costs are expenses incurred directly by a company, such as payments for goods, rent, or labour and salaries. The opportunity cost of resources that the company already owns and uses for business purposes are implicit costs.
What kind of implicit cost might there be?The loss of interest revenue on money and the depreciation of equipment for a capital project are two examples of implicit costs. Intangible expenses that are more difficult to quantify for include the time an owner devotes to maintenance.
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The Clifford Corporation has announced a rights offer to raise $17 million for a new journal, the Journal of Financial Excess. This journal will review potential articles after the author pays a nonrefundable reviewing fee of $6,000 per page. The stock currently sells for $42 per share, and there are 2.9 million shares outstanding. a. What is the maximum possible subscription price? What is the minimum? (Leave no cells blank - be certain to enter "0" wherever required.) b. If the subscription price is set at $34 per share, how many shares must be sold? How many rights will it take to buy one share? (Do not round intermediate calculations. Round your rights needed answer to 2 decimal places, e.g., 32.16.) c. What is the ex-rights price? What is the value of a right? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. A shareholder with 2,000 shares before the offering has no desire (or money) to buy additional shares offered as rights. What is his portfolio value before and after the rights offer? (Do not round intermediate calculations and round your answers to nearest whole number, e.g., 32.)
Answer:
A.Maximum possible subscription price $42 per shares
Minimum price $0
B.Number of new shares $500,000
Numbers of right needed 5.8
C.Ex-rights price $40.82
Value of a right $1.18
D.Portfolio value before the right offer $84,000
Portfolio value after the right offer $84,000
Explanation:
A.
The maximum possible subscription price based on the information given will be $42 per Shares
The minimum price will be anything that is greater or higher that $0
B. Calculation for how many shares must be sold
Using this formula
Number of new shares =Journal of Financial Excess amount /Subscription price per share
Let plug in the formula
Number of new shares=$17,000,000/ $34 per share
Number of new shares=$500,000
Calculation for how many rights will it take to buy one share
Using this formula
Numbers of right needed=Shares Outstanding/Number of new Shares
Let plug in the formula
Numbers of right needed=$2,900,000/$500,000
Numbers of right needed=5.8
C. Calculation for the ex-rights price
Using this formula
Ex-rights price=(Numbers of right needed*Maximum possible subscription price +Subscription price per share)/(Numbers of right needed+ One shares)
Let plug in the formula
Ex-rights price=(5.8*$42+$34)/(5.8+1)
Ex-rights price=$277.6/6.8
Ex-rights price=$40.82
Calculation for the value of a right
Using this formula
Value of a right =maximum possible subscription price-Ex-rights price
Let plug in the formula
Value of a right=$42-$40.82
Value of a right=$1.18
D. Calculation for What is his portfolio value before the right offer
Using this formula
Portfolio value before the right offer= Shareholders Shares *Maximum possible subscription price
Let plug in the formula
Portfolio value before the right offer=2,000*42
Portfolio value before the right offer=$84,000
Calculation for What is his portfolio value after the right offer
Using this formula
Portfolio value after the right offer=(Shareholders Shares*Ex-rights price) +(Shareholders Shares*Value of a right)
Let plug in the formula
Portfolio value after the right offer=(2,000*40.82)+(2,000*1.18)
Portfolio value after the right offer=$81,640+$2,360
Portfolio value after the right offer=$84,000
All infrastructure is underground.
A. True
B. False
All infrastructure is underground. This is a false statement because infrastructure can not be underground.
What is Infrastructure?Roads, communications, transportation hubs, businesses, bridges, dams, power, medical facilities, and educational institutions make up the infrastructure.
Infrastructure is referred to as the fundamental physical framework of an organization, region, or country. It frequently pertains to the creation of public goods or industrial activities. Transportation, communication, sewage, water, and educational infrastructure are a few examples.
The two primary categories of infrastructure investments are as follows: Social infrastructure consists of institutions including hospitals, affordable housing, and schools. Infrastructure for the economy, including power, sewage, water, airports, and highways.
Therefore, The statement is false.
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Suppose you have $1,000 to invest over a 10-year period. Explain under what circumstances you would buy penny stocks or junk bonds as an investment. In your answer, explain why an investment with greater risk, such as a penny stock, will likely have a lower market price but an uncertain rate of return.
Answer:
Explanation:
There is only one circumstance in which I (personal opinion) would be willing to place my money in penny stocks and that is If the money is extra money that is only an extremely small percent of my overall portfolio and I am ok loosing it completely. That is because penny stocks are stocks from new companies that basically have an idea and are just starting out. The rate of return can be massive on these stocks but they can also go bankrupt and you can loose all your money just as fast. Therefore, they are incredibly risky investments.
what can netflix, apple, and walmart incorporate that could improve their brand on a global level.
The ways to improve their brand on a global level are:
Netflix: Content Localization and Original Content Investment.Apple: Innovation and Differentiation and User Experience and Ecosystem IntegrationWalmart: E-commerce and Digital Transformation and Sustainability Initiatives.Here are some potential strategies that Netflix, Apple, and Walmart could consider to improve their brand on a global level:
Netflix:
Content Localization: Netflix could invest more in localizing its content to cater to the preferences and cultural nuances of different regions. Original Content Investment: Continuing to invest in high-quality original content across different genres and languages can help Netflix stand out in the competitive streaming market.Apple:
Innovation and Differentiation: Apple has a strong reputation for innovation, but continued investment in research and development is crucial to maintain its competitive edge. User Experience and Ecosystem Integration: Apple could focus on enhancing the overall user experience by further integrating its products and services within its ecosystem.Walmart:
E-commerce and Digital Transformation: As the retail landscape continues to evolve, Walmart could further invest in e-commerce capabilities and digital transformation. Sustainability Initiatives: Demonstrating a strong commitment to sustainability can significantly enhance Walmart's brand reputation.For such more question on Ecosystem:
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why does a venue require an F&B minimum
___________ is a way of saving a file so it can be used by a different program. A. Selecting B. Exporting C. Citing D. Formatting Please select the best answer from the choices provided A B C D Mark this and return
Answer:
B. Exporting
Explanation:
Can anyone help me with this accounting question? Im confused with the question
Answer:
what the heck
Explanation:
is this englesh
Nancy is considering whether her toy manufacturing business should develop its own brand. Which is a company reward Nancy can expect from branding?
Answer: a. Brands enhance loyalty.
Explanation:
Brands enhance loyalty because people are more likely to identify with a symbol than with something that has a general identity. When a company has a brand therefore, it will enhance the loyalty of its consumers as they look to identify with that brand.
Take Adidas for instance, the three stripes logo is so iconic that people can sometimes have entire wardrobes of Adidas apparel to show those three stripes off and show that they identify with it. This is the benefit that Nancy stands to gain with branding.