The following tasks should a shoe manufacturing company perform first if it needs to assess the global market opportunity is analyze the firm's readiness to internationalize.
The readiness of a organization is a idea that identifies while a organization is prepared to internationalize. The internationalization readiness as “a organization's preparedness and propensity to start export sports overseas”Business Readiness is a time period designed to explain the system of controlling any enterprise change, via way of means of making sure personnel and control groups are capable of successfully and appropriately flow from one thoughts set or surroundings to another.” Capita.
Assessing the organization's product's marketplace call for must be carried out earlier than studying its readiness to internationalize. Screening nations to become aware of appealing goal markets is step one in the direction of internationalization.
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Use the following information to calculate the sales price of a boat under both GAAP and for internal decision purposes:
Number of boasts to be sold 500
Upstream costs $5,000,000
Direct materials per boat $50,000
Direct labor per boat $30,000
Overhead per boat $20,000
Downstream costs $2,000,000
Assume the company wants to sell each boat for 20% more than the cost to produce the boat. Which of the following would be the sales price under GAAP and for internal decision purposes?
GAAP Internal Decision
a. $120,000 $136,800
b. $136,800 $136,800
c. $120,000 $114,000
d. $136,800 $114,000
Multiple Choice
a. Option A
b. Option B
c. Option C
d. Option D
Answer: a. Option A is correct. The sales price under GAAP would be $120,000, which is 20% more than the cost to produce the boat ($50,000 + $30,000 + $20,000 = $100,000, 20% of which is $20,000).
The sales price for internal decision purposes would be $136,800, which is calculated by adding the upstream and downstream costs to the cost to produce the boat, then multiplying by 1.2 ($5,000,000 + $2,000,000 + $100,000 = $7,100,000; 1.2 x $7,100,000 = $136,800).
Upstream works include the exploration and production of crude oil and natural gas, whilst downstream refers to the processes applied after extraction through to it being delivered to the customer in whatever format required.
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3. (a) california bank holds $375 million in deposits and maintains a reserve ratio of 5%. show the t-account of the bank
Money multiplier = 1/r = 1/0.05 = 20
Final Money Supply = 20*Reserve amount = $375 million
Required Reserves = 0.05*500,000 = $25000
Excess Reserves = $75,000
Final Money Supply = Required Reserves*Money Multiplier = 25000*1/0.05 = $500,000
If the reserve requirement is 40%, then it means that
0.4x = $100 billion (x= Total deposits)
x= $100 billion/0.4 = $250 billions.
Final money Supply = 100*1/0.4 = $250 billion
Reserve is an unincorporated community in St. John the Baptist Parish, Louisiana, united states of america. it's miles located at the east bank of the Mississippi River. The population become nine,111 at the 2000 census. For statistical functions, the usa Census Bureau has defined Reserve as a census-targeted place (CDP). prior to the name Reserve, this metropolis was as soon as known as Bonnet Carre; the metropolis name have been changed by businessman and resident Leon Godchaux by means of the past due 1800s. The Godchaux–Reserve Plantation was built by means of Leon Godchaux, and the oldest portion of the plantation home dates to 1764, is indexed at the country wide sign in of historical places (NRHP).
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on july 1, 2019, farm fresh industries purchased a specialized delivery truck for $219,000. at the time, farm fresh estimated the truck to have a useful life of eight years and a residual value of $27,000. on march 1, 2024, the truck was sold for $88,000. farm fresh uses the straight-line depreciation method for all of its plant and equipment. partial-year depreciation is calculated based on the number of months the asset is in service.
Farm Fresh Industries will compute the depreciation expense for the customized delivery truck using the straight-line depreciation technique.
By subtracting the projected residual value from the asset's cost (219,000), which is then divided by the expected useful life of the item, the depreciation expense is determined (8 years). This equals a $22,125 yearly depreciation expense.
The vehicle served its purpose for 5 years and 3 months before being sold on March 1, 2024. The annual depreciation expense of $22,125 is multiplied by the percentage of the year the truck was in use, which is 5.25/8, to determine the partial-year depreciation (or 0.65625). This equates to a $14,539 partial-year depreciation.
Farm Fresh Industries would record a gain or loss on the sale of the truck when it was sold for $88,000. This is derived by deducting the sale price, in this case, $8,800, from the asset's book value at the moment of sale. The asset's cost is subtracted from the total accumulated depreciation to arrive at the book value.
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in the introduction section of a proposal, which of the following would be the best way to persuade the receiver to read the rest of the proposal? group of answer choices mention a remarkable resource available exclusively to you. present a detailed budget that shows a low overall cost. give the background and credentials of everyone who will be working on the project. provide a timetable for all activities.
Which one of the follow would be the greatest strategy to convince the reader to read the rest of both the proposal when it comes to the introduction Mention a fantastic resource that you have access to only.
What does a proposition in business mean?A company proposal is an document that aims to convince a company to purchase a good or service. A formal document known as a business proposition is produced by a corporation and given to a prospect in order to obtain a business deal.
Why are business proposals crucial?Making crucial decisions about topics like cash flow, marketing, and staff will be made easier with the aid of a business proposal. Setting specific goals and objectives can also help you keep an eye on the company's success and make any adjustments.
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mary alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $300,000 per year for 25 years beginning today, or receiving one lump-sum amount today. mary alice can earn 5% investing this money. at what lump-sum payment amount would she be indifferent between the two alternatives? (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.)
Mary Alice would have to receive a lump-sum payment of $4,717,231.37 in order to be indifferent between the two alternatives. This is calculated using the present value of an annuity due formula, which takes into account the 5% rate of return she could earn investing the money.
The formula used is: PVAD = PMT x [((1 + i)^n - 1)/(i x (1 + i)^n)]
Where:
PVAD = Present Value of an Annuity Due
PMT = Payment Amount
i = Interest Rate
n = Number of Years
Plugging in the values provided:
PVAD = 300,000 x [((1 + 0.05)^25 - 1)/(0.05 x (1 + 0.05)^25)]
PVAD = 300,000 x [((1.05)^25 - 1)/(0.05 x (1.05)^25)]
PVAD = 300,000 x [63.85627/1.27632]
PVAD = 4,717,231.37
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Calculate the total dollar amount you would pay at the quoted price (disregard commission or any interest that may have accrued). (Round your answer to the nearest cent.)Company Bond price Number of bonds purchasedWang 103.25% 3Total dollar amount of purchase price $
Face value is $1,000.
Bond price = 1.0325 x 1000 = 1 032.5.
Amount in dollars = 1,032.5*3
$3,097.5 in dollars.
Why Do Bonds Need to Be Valued?Bonds are contracts for debt that mandate a certain amount of interest be paid by the borrower to the lender. The cost that a buyer would have to pay another investor to acquire the bond is its value. Bond valuation is the process of estimating the bond's fair market value based on variables including interest rates, bond payments, and timeframes.
One of the most popular techniques for valuing a bond is the discounted cash flow method. This approach involves discounting the bond's cash flows (such as the coupon and par value) at the market rate. Afterward, the bond's value is calculated by adding the present values of all the cash flows.
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the following selected information from Allen Company to determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base.
Year 2 Year 1
Net sales $ 587,800 $ 474,600
Cost of goods sold 237,400 137,000
Operating expenses 86,590 83,450
Net earnings 43,780 31,030
Multiple Choice
40.4% for Year 2 and 28.9% for Year 1.
18.2% for Year 2 and 22.6% for Year 1.
14.7% for Year 2 and 17.6% for Year 1.
123.8% for Year 2 and 100.0% for Year 1.
25.7% for Year 2 and 11.3% for Year 1.
The following excerpted data from Allen Company was used to calculate the operating expense common size percentages for Years 1 and 2, using Net Sales as the base. 14.7% and 17.6% respectively for Years 1 and 2.
What falls under operating costs?Operating costs, commonly referred to as selling, general, and administrative (SG&A) costs, are what a business must pay. Rent and utilities, sales and accounting, management and administrative pay, and marketing and advertising are among them.
What are three instances of operating expenses?As an illustration, consider the following: rent, transportation, utilities, salaries, office supplies, upkeep and repairs, property taxes, and depreciation (see below for a more comprehensive list).
Where are the operational costs?An organization's income statement includes a summary of operating expenses. Depending on its setup and industry, every business has a unique set of operational costs. Examine your general ledger and seek for expenses that have no bearing on the price of producing your product or service to identify your company's running costs.
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TRUE/FALSE. self-service is shaping the past of digital analytics by increasing the barrier of entry into the world of business analytics.\
True. Self-service is shaping the past of digital analytics by increasing the barrier to entry into the world of business analytics
Self-service is reshaping the way companies use digital analytics and is making it easier to access and analyze data. This is great news for businesses, as it means they can get more insights from their data without having to invest in expensive professional analytics services.
However, self-service analytics requires a certain level of technical knowledge and understanding of data, making it harder for those without this knowledge to access and utilize the data.
At the same time, self-service analytics is making it easier for those with the necessary skills and knowledge to quickly access and analyze data. This is great news for those with the skills to do so, as it allows them to get more insights from their data in a fraction of the time.
Overall, self-service analytics is having a major impact on the way businesses are leveraging digital analytics. While it is increasing the barrier to entry for those without the necessary technical knowledge, it is also making it easier for those with the skills to quickly access and analyze data.
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TRUE/FALSE. under continuous budgeting, a new month is added to the end of the budget period each time the present month expires, so that a twelve-month budget is available at all times.
True, under continuous budgeting, a new month is added to the end of the budget period each time the present month expires, so that a twelve-month budget is available at all times.
What is budgeting?Budgeting refers to the process of creating a plan for spending money. By creating this spending plan, you can determine in advance if you have enough money to do what you need and want to do. Budgeting is simply balancing expenses and income.This is a proactive approach to getting your finances in order. Budgeting helps you avoid spending more than you earn and allows you to plan your spending for the short and long term.It's a simple and helpful way for people with all kinds of income and expenses to keep their finances in order. A government's budget is a summary or plan of the expected resources and expenditures of that government.There are three types of her government budget: Operating or current budget, capital or investment budget, and cash or cash flow budget.To learn more about budgeting from the given link :
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ted, who is single, owns a personal residence in the city. he also owns a condo near the ocean. he uses the condo as a vacation home. in march of the current year, he borrowed $50,000 on a home equity loan and used the proceeds to acquire a luxury automobile. during the year, he paid the following amounts of interest. On his personal residence $15,500 On his condo 6,200 On the home equity loan 4,800 On credit card obligations 1,700
Ted recognises a $4,800 AMT adjustment for the year 2018.
AMT is a minimum tax that can be used in place of regular taxes. Rate. In a fiscal year (FY) where the tax on ordinary income is lower than the AMT on Adjusted total income, the AMT is a tax imposed on "adjusted total income." AMT must therefore be paid by taxpayers to whom AMT provisions apply, regardless of regular tax.
For a total of $21,700 ($15,500+$6,200), AMT accepts T's home and condo as acceptable interest payments.
However, $21,700 is less than the $26,500 total interest that would apply to T's home equity loan, basic taxes, mortgage interest on his home and condo, and interest on all of the individuals' loans.
$26500-$21,700 = $4,800
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Which of the following are true statements?
I. By the Law of Large Numbers, the mean of a random variable will get closer and closer to a specific value
II. The standard deviation of a random variable is never negative
III. The standard deviation of a random variable is 0 only if the random variable takes a long single value
A. I and II
B. I and III
C. II and III
D. I, II, and III
E. None of the above gives the complete set of true responses
By the law of large numbers, the mean of a random variable will approach.By the law of large numbers,the mean of a random variable will get closer and closer to a specific value.
The standard deviation of a random variable is never negative.The standard deviation of a random variable is 0 only if the random variable takes on a single unique value σ X = the standard deviation of X.If you draw random samples of size n,then as n increases, the random variable.To find the variance σ2 of a discrete probability each deviation from its expected value, square it,multiply by its probability,and add the products.To find the standard deviation σ of a probability distribution, simply take the square root of the variance σ2. Standard deviation of the sum difference of two independent random variables.Addition for any two independent random variables X and Y, if S = X + Y, the variance of S is SD^2= (X+Y)^2 .To find the standard deviation,take the square root of the variance formula SD=sqrt(SDX^2 + SDY^2) the graph of the distribution always exhibits symmetry.
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FILL INTHE BLANK country kitchen and perkins are both a chain of family restaurants featuring diner-like menus with reasonably priced items. these companies are in the same________ focus group control group strategic group target group experimental group
Country Kitchen and Perkins are both a chain of family restaurants featuring diner-like menus with reasonably priced items. These companies are in the same Strategic Group.
So Correct answer is Strategic Group.
A Strategic Group is a term used in strategic management to describe a collection of businesses within a certain sector that have similar business models or set ups of strategies. For instance, based on elements like preparation time, cost, and presentation, the restaurant sector can be split into numerous strategic groupings, including fast-food and fine-dining.
The characteristics used to identify the groups determine the number of groups within an industry and the makeup of those groups. While a business model describes how a company will make money, strategy refers to the direction and scope of an organization over the long term that generates advantages for the organization
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carla vista company supplies schools with floor mats to use in physical education classes. carla vista has received a special order from a large school district to buy 708 mats at $45 each. acceptance of the special order will not affect fixed costs but will result in $1,416 of shipping costs. for the first 6 months of 2022, the company reported the following operating results while operating at 80% capacity:
If the special order is accepted, the company's operating results for the first 6 months of 2022 will be as follows:
Fixed Costs: $54,000
Variable Costs: $77,816
Total Revenue: $104,216
Net Income: $22,400
Fixed Costs: $54,000
Variable Costs: $41,400
Total Revenue: $78,800
Net Income: $19,400
If the special order is accepted, the company's operating results for the first 6 months of 2022 will be as follows:
Fixed Costs: $54,000
Variable Costs: $77,816
Total Revenue: $104,216
Net Income: $22,400
Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes. In commerce, net income is what the business has left over after all expenses, including salary and wages, cost of goods or raw material and taxes.
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Revenue, also known as gross sales, is often referred to as the "top line" because it sits at the top of the income statement. Income, or net income, is a company's total earnings or profit
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a lease is treated as an executory contract and lease expense is recorded as the leased asset is used. lessees do not record an asset or liability at the lease's commencement date.
A short term lease is treated as an executory contract and lease expense is recorded as the leased asset is used. Lessees do not record an asset or liability at the lease's commencement date.
A lease executory contract, also known as a " lease contract" or a " tenancy agreement", is a contract between a landlord and a tenant in which the tenant agrees to rent a property from the landlord for a specified period of time.
The contract may also specify the amount of rent to be paid, the length of the lease, and other terms and conditions. A lease is a contract in which one party agrees to rent an asset—in this case, property—owned by another party.
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the formula for target sales is: multiple choice (total fixed costs target profit)/contribution margin ratio (total variable costs total fixed costs)/contribution margin ratio (total fixed costs target profit)/unit contribution margin (total variable costs total fixed costs)/unit contribution margin
The formula for target sales is: (Total fixed costs + Target profit)/Unit contribution margin.
A income target is the wide variety of products to promote in a given length to break even or make a income. these goals ought to meet the forecasts of your marketing strategy.
Revenue objectives are the essential sales intention example — this KPI should be one of every company's primary income dreams. a typical sales goal instance here: growth month-over-month/year-over-12 months revenues with the aid of 10%. business enterprise A has found brilliant consistency in matching after which exceeding their goal sales increase.
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an automobile insurance company uses a lot of expensive multipart paper to process its claims. the printer from whom they receive the paper has informed them of discounts available for quantity orders, but the company doesn't have space to store the entire amount ordered at one time. the company uses the paper at the rate of 50 boxes per week. the company operated 50 weeks per year. it costs $100 to place an order and it costs 15% of the acquisition cost to store it. the printer is offering the following discounts: range of order acquisition cost(price) quantities per box 0 999 $15 1000 1999 $14.90 2000 $14.85
The automobile insurance company can benefit from the quantity discounts offered by the printer by making sure they order the right amount of multipart paper to meet their needs.
It's important to note that it costs $100 to place an order and 15% of the acquisition cost to store it, so the insurance company needs to find a way to balance the acquisition cost with the cost of storage.
To do this, the company should consider the range of order acquisition costs and the quantity per box offered. For orders under 999 boxes, the cost per box is $15. For orders between 1000 and 1999 boxes, the cost per box is $14.90. For orders over 2000 boxes, the cost per box is $14.85.
Given that the insurance company uses 50 boxes per week, they should order 1000 boxes at a time to get the best price per box. This would cost them $14,900 plus the $100 order fee and the 15% storage fee, which would bring the total cost to $17,285. This is a savings of $335 compared to ordering 999 boxes.
By ordering the right amount of multipart paper at a time, the insurance company can save money and ensure they have enough paper to meet
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suppose there is a policy debate over whether the united states should impose trade restrictions on imported ball bearings: the president of the united states argues that the government should impose a tariff on ball bearings because they are a necessary input into the production of various weapons. free trade would make the united states overly dependent on foreign countries for the supply of ball bearings. in case of a war, the united states might not be able to make or purchase enough ball bearings and, therefore, would not be able to make enough weapons to defend itself. which of the following justifications is the president using to argue for the trade restriction on ball bearings? Jobs argument Using-protection-as-a-bargaining-chip argument Unfair-competition argument National security argument Infant-industry argument
The unfair competitive argument justifications are president using to argue for trade restriction on ball bearings.
What is trade restriction?Trade restrictions are unnatural barriers to the exchange of commodities and/or services between two or more nations. Protectionism produced it as a byproduct. The phrase is contentious, however, because what some may view as a trade restriction, others may view as a measure to safeguard customers from subpar, harmful, or hazardous goods. Where round lamps were necessary until 1975, rectangular headlamps were promoted there. The rectangular headlamps were the norm for new cars by 1979. The US Department of Transportation banned any ornamental or protective object in front of headlamps in 1968 if the headlamps are turned on. Vehicles made for the US market could no longer achieve the solid aerodynamic performance they were intended for due to the modification.
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amy gets a job at a marketing agency. her boss tells her that if she works hard and earns good reviews, she could work her way up to a position in the upper management. such a system is referred to as meritocratic. opportunistic. individualistic. entrepreneurial.
Option b is correct. Such s system is referred to as opportunistic. A system known as an opportunity management system (OMS) offers data on sales leads or opportunities along with other supporting data.
The visual interface that these systems typically offer organizes specific types of data, such as customer or potential customer identification, transaction status, historical transactions, and other pertinent data that will be useful to sales teams.
Opportunity management systems are essentially a subset of customer relationship management software, which groups various customer data into categories to assist sellers in making better informed decisions when generating leads, pursuing possibilities, and closing deals. Many CRM solutions include digital interfaces that give salespeople quick access to details about clients' preferences, past purchases, and general habits. A sales department may benefit greatly from the adoption of these tools.
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which of the following is classified as depreciable, listed property? equipment placed in service and disposed of in the same year. inventory consisting of finished goods available for sale in a taxpayer's business. a small pickup truck used by the taxpayer predominantly for business purposes, but also used occasionally for personal purposes. a vacant piece of land held for investment.
As per the concept of balance sheet, the depreciable listed property is a small pickup truck used by the taxpayer predominantly for business purposes, but also used occasionally for personal purposes.
Balance sheet:
In accounting, the preparation of a balance sheet is essential so that interested users of financial information can glimpse the company's financial position is known as balance sheet.
Given,
Here we need to identify the depreciable, listed property from the given options.
As per the concept of balance sheet,, an asset is subject to depreciation expense when it is expected to be used for than one accounting period and it is tangible; and it used primarily for general and administrative purposes.
Therefore, the correct answer is option is a vehicle used by the taxpayer for personal and business purposes.
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piper corp. is operating at 70% of capacity and is currently purchasing a part used in its manufacturing operations for $24
The amount of differential cost increase or decrease from making the part rather than purchasing it would be -$30,000.
We do not anticipate any additional fixed costs to be incurred as Piper Corp is already operating at 70% capacity, thus we can produce the unit in-house without any increases to the existing costs.
Differential cost = Unit cost for purchase - Unit cost for manufacturing
Differential cost = $24 - $26 = -$2
Amount of differential cost increase or decrease = 15,000 units x -$2
Amount of differential cost increase or decrease = -$30,000
Therefore, the amount of differential cost increase or decrease from making the part rather than purchasing it would be -$30,000.
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The complete question is here:
Piper Corp. is operating at 70% of capacity and is currently purchasing a part used in its manufacturing operations for $24 per unit. The unit cost for the business to make the part is $36, including fixed costs, and $26, not including fixed costs. If 15,000 units of the part are normally purchased during the year but could be manufactured using unused capacity, what would be the amount of differential cost increase or decrease from making the part rather than purchasing it?
A project manager has enough information to estimate the probability that an activity will be completed on schedule with all of the following EXCEPT which one?
Most likely time
Completion time
Optimistic time
Pessimistic timeCompletion time
Except completion time a project manager can estimate probability of all other activities that need to complete a task.
What is completion time?The term "COMPLETION TIME" refers to the time frame, as of the date specified in the acceptance of tender, for delivering the constructed machinery or equipment that has been approved by the engineer as meeting the requisite standards and the terms of the contract.
The design-basis mitigation function of the affected systems has not been altered by the proposed revisions, and the implications of an accident during the extended Completion Time are the same as those during the current Completion Time.
As a result, the proposed adjustments do not constitute a material increase in the likelihood or effects of an accident that has already been assessed.
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the city asks the cpa firm of abernethy and chapman to examine several transactions that occurred during 2020 and indicate how to correct any erroneous reporting. officials also want to know the effect of each error. view each of the following situations as independent. during 2020, the city of coyote received $10,000, which was recorded as a general revenue in the general fund. it was actually a program revenue earned by the city's park program.
The error in this particular situation is that the revenue was recorded in the general fund, instead of the park program fund. To correct the error, the revenue should be reclassified and moved from the general fund to the park program fund.
The effect of this particular correction would be that the revenue would be allocated to the park program fund, rather than the general fund, which would allow the park program to better allocate the funds to the necessary programs. Additionally, this correction would allow the city to properly track the revenue and expenses associated with the park program.
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an agent representing a broker-dealer in state p has a retail customer who moves to state s from state p. the agent and the broker-dealer now have one
Brokers and agents alike are required to become licensed in State S. Registration in State S is required for both the agent and the broker-dealer. Broker-dealers are not afforded a "de minimis" exemption in the same way that investment counselors are.
This exemption, known as the de minimis rule, allows an adviser to recruit a limited number of retail clients (investors) in a state without being required to register with the state. This exemption is available if the adviser does not have a physical presence in the state and the number of retail investors does not exceed five.
Both investment advisors and IARs, but not broker-dealers or agents, are subject to the de minimis rule. A broker-dealer and/or agent must register with the state if they have even one retail client residing there continuously.
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The right question is:
An agent representing a broker-dealer in State P has a retail customer who moves to State S from State P. The agent and the broker-dealer now have one customer in State S. To continue to do business with this customer, which of the following is TRUE?
Only the agent must register in State S.Neither the broker-dealer nor the agent needs to register in State S.The agent and broker-dealer must register in State S.Only the broker-dealer must register in State S.Question 14 (2.5 points) On evaluating a project, adjusting the WACC upwards instead of adjusting the initial investment upwards to reflect the floatation costs violates the ______ OA) Risk-return relation B) Time value of money C) Stand-alone principle O D) Security pricing principle
When appraising a project, the risk-return relation is violated if the WACC is increased rather than the original investment to represent the flotation costs.
How Much Does Flotation Cost?A publicly traded firm incurs floatation costs when it distributes stocks or bonds and pays costs such underwrite fees, attorney costs, and fees paid. Businesses must take into account how these fees may affect the amount of cash they can collect via a new offering.
How do the costs of floating affect WACC?These fees will lower the net revenues from the sale of a new share, causing a higher cost of equity because of the flotation charges. As the expense of equity is a part of the weighted average costs of capital (WACC), it will consequently increase the WACC.
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If a firm charges a foreign market a lower price than it charges the domestic market, that firm is said to be ______ its product.Multiple choice question.O disposing ofO dumpingO sellingO transferring
If a firm charges a foreign market a lower price than it charges the domestic market, that firm is said to be transferring its product. This global trade site is managed by the International.
Trade Administration of the United States Department of Commerce to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S foreign market barriers , transportation costs (freight and time costs), communication and other information costs, enforcement costs, exchange rate costs, legal and regulatory costs, and local distribution costs are all included in a broad definition of trade product. Foreign trade's primary function is to find ways to obtain capital goods imports, without which no development process can begin.
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illennium Liquors is a wholesaler of sparkling wines. Its most popular product is the French Bete Noire, which is shipped directly from France. Weekly demand is 50 cases Millennium purchases each case for $125, there is a $275 fixed cost for each order (independent of the quantity ordered), and its annual holding cost is 15 percent. What order quantity minimizes Millennium's annual ordering and holding acosts? 309 cases (Round your answer to 2 decimal places.) If Millennium chooses to order 275 cases each time, what is the sum of its "annual ordering and holding costs? $ 4,662 50 (Round your answer to 2 decimal places.) If Millennium chooses to order 100 cases each time, what is the sum of the ordering and holding costs incurred by each case sold? $ 3.04 per case If Millennium is restricted to ordering in multiples of 50 cases (o g. 50, 100, d. 150, etc.), how many cases should it order to minimize its annual ordering and holding costs? 250 cases (Round your answer to 2 decimal places.) Millennium is offered a 5.00 percent discount if purchases at least 1,000 e. cases. If it decides to take advantage of this discount, what is the sum of its annual ordering and holding costs? $ 7,840.00 or 1
According to the weekly demands in 50 cases, the total cost of inventory is the sum of the purchase ordering and holding cost.
a. 18.75
b. 5178.13
c. 3.11
d. 300 cases
e. 9621.25
A.
Hence yearly demand D is 50*52 = 2600. Ordering Cost, K is 275. Holding cost. h is 15% or purchase cost = 15%*125 = 18.75.
B.
In this case the order quantity is 275. If the order quantity is denoted as Q, annual ordering cost is given as D/Q*K = 2600/275*275 = 2600
Holding cost is given as Q/2*h = 275/2*18.75 = 2578.125
Hence sum of annual ordering and holding cost is 2600+2578.125 = 5178.13.
C.
In this case, the ordering cost is 2600/100*275 = 7150\
Holding cost = 100/2*18.75 = 937.5
Hence sum of ordering and holding cost = 7150+937.5 = 8087.5. As annual demand is 2600, cost per case sold is 8087.5/2600 = 3.11.
D.
As we saw in part a, order quantity which minimizes the ordering and holding cost is 276.16. In case we have to order in multiples of 50, the closest multiple of 50 we have to 276.16 is 300. Hence it should order 300 case to minimize the ordering and holding cost.
E.
In this case the ordering cost would be 2600/1000*275 = 715
Holding cost would be,
1000/2*18.75*(1-Discount Percentage) = 9375*0.95 = 8906.25
Hence sum of ordering and holding cost is 715+8906.25 = 9621.25
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psychographics refers to variables associated with people who may want to purchase the product, such as age, gender, race, nationality, residency (the area the person lives in), and income level.
Psychographics is not the one that refers to variables associated with people who may want to purchase the product, such as age, gender, race, nationality, residency (the area the person lives in), and income level.
It is the demographics. Hence, the given statement is false.
Population dynamics and dimensions are examined and measured in demographic analysis, which can be applied to entire civilizations or specific groups based on factors like education, ethnicity, nationality, and religion.
Any medical facility's fundamental data, including patient demographics, emergency contact information, and medical record data, comes from its patients.
Even though there are a number of autonomous demography departments, educational institutions often treat demography as a subfield of sociology.
The phrase "psychographics" does not refer to characteristics of potential customers, such as age, gender, race, country, residency (the place of residence), and income level. The demographics are to blame.
Therefore, the given statement is false.
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The complete question has been attached in text form:
T/F: Psychographics refers to variables associated with people who may want to purchase the product, such as age, gender, race, nationality, residency (area the person lives in), and income level.
which of the following line items from a 12-month inventory purchases budget are presented on the pro forma financial statements? assume that all purchases are paid in the month of purchase. (select all that apply.) multiple select question. desired ending inventory (i.e. ending inventory) for the last month purchases for the last month shown as accounts payable on the balance sheet total ending inventory for the twelve months total cost of goods sold (i.e. cost of budgeted sales) for the twelve months
The correct answer will be the Total cost of goods sold (i.e. cost of budgeted sales) for the twelve months. Budgeted Sales are the net sales and other revenues of an Incentive Unit that are reflected in the annual operating budget for the Incentive Unit that has been approved by the Board.
Based on anticipated sales, companies can manage resources and profits using the sales budget as a planning tool. To give each department a broad idea of where they stand financially, it takes into account past sales patterns and budgets for comparable periods. This improves how effectively businesses accomplish their objectives and increase their profit.Setting attainable goals requires careful consideration of the sales budget. For instance, a sales team may set a sales objective to double customer subscriptions, but the sales budget will keep expectations in check by reflecting a 20 per cent annual increase.This isn't to say that reaching 50% isn't possible; it just means that when creating a budget based on revenue, reaching 50% should be a bonus rather than a goal.As a result, the budgeted sales costs are shown on the pro forma financial statements.
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in the pay-per-click advertising model used by ads advertisers have to pay for their ads to show up in the sponsored sections of search results advertisers have to pay when searchers decide to click through to their websites advertisers have to pay monthly fees to show up in sponsored sections of search results none of the above
In the pay-per-click advertising model used by ads, advertisers have to pay when searchers decide to click through to their websites. So option b. is correct.
PPC or pay-per-click is a kind of internet marketing that implicates advertisers spending a fee each time one of their ads is clicked. Simply, you solely pay for advertising if your ad is actually clicked on. It's basically a method of buying visits to your site, in addition to driving website visits organically. This toils when a person checks out for a keyword related to their business offering.
PPC has multiple advantages that can aid a business, enclosing the following: Optimised PPC is cost-effective, your ad will be manifested on the first outcomes page when somebody searches for an affiliated term, and better disclosure and brand visibility as targeted traffic is directed to your site.
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under this theory of oligopoly, all firms other than the dominant firm act as . therefore, the horizontal sum of their marginal cost curves is their curve.
Under this theory of oligopoly, all firms other than the dominant firm act as price takers. therefore, the horizontal sum of their marginal cost curves is their supply curve.
What is Oligopoly?A market known as an oligopoly is one in which a small number of businesses cooperate and compete with one another to control the sale, prices, and other aspects of a product that may be homogeneous or differentiating.
Price leadership refers to a situation in which other companies in the market accept and adopt the pricing and price adjustments set by a dominant firm or a firm that is acknowledged as the industry leader.
Other firms other than dominant firm accepts the price set by dominant firm. Hence the firms act as a price taker not price maker.
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Complete question
Understanding the price leadership model Consider Kellogg's production and price choices in the breakfast cereal industry when it is characterized by the price leadership model Under this theory of oligopoly, all firms other than the dominant firm act as price makers . Therefore, the horizontal sum of their marginal cost curves is their curve.