Answer:
2. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
3. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
4. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a remaining useful life of five years. It can be sold now for $57,000. Variable manufacturing costs are $47,000 per year for this old machine. Information on two alternative replacement machines follows. The expected useful life of each replacement machine is five years.
Machine A Machine B
Purchase price$ 118,000$ 131,000
Variable manufacturing costs per year21,000 14,000
(a) Compute the income increase or decrease from replacing the old machine with Machine A.
(b) Compute the income increase or decrease from replacing the old machine with Machine B.
(c) Should Lopez keep or replace its old machine
a) The income increase from replacing the old machine with Machine A is $21,800 ($56,400 - $44,600 + $10,000).
b) The income increase from replacing the old machine with Machine B is $26,200 ($56,400 - $40,200 + $10,000).
c) The Lopez Company should replace its old machine, preferably with Machine B.
Data and Calculations:
Current selling price =$57,000
Gain from the sale of old machine = $10,000 ($57,000 - $47,000)
Old Machine Machine A Machine B
Book value $47,000
Purchase price $118,000 $131,000
Variable manufacturing costs 47,000 21,000 14,000
Estimated remaining useful life 5 years 5 years 5 years
Fixed costs per year $9,400 $23,600 $26,200
Total costs (variable + fixed) $56,400 $44,600 $40,200
Comparative income increase $0 $11,800 $16,200
Total income increase $0 $21,800 $26,200 ($16,200 + $10,000)
Thus, it is economically better for Lopez to sell its old machine, replacing it with Machine B, which reduces the total costs per year.
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What is the major difference between a conventional marketing channel and a vertical marketing system (VMS)
Answer:
ha I sry I'm sry
Seven Co. owns a coal mine with an estimated 1,000,000 tons of available coal. It was purchased for $300,000 and has $50,000 salvage value. During the current period, Seven mined and sold 200,000 tons of coal. Depletion expense for the period will be how much
Answer:
50,000
Explanation:
(300,000-50,000)/1,000x200,000=50,000
Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.
What is expense?
The term expense refers to the spend money to the particular items. As expenses are the liability of the business. The expenses are to spend, the main motive to earn profit. Expenses are to spend the company are such as raw material, transportation etc.
Determine of the Seven Co. expense for the period are:
Estimated are 1,000,000.The purchased for $300,000.The salvage value is $50,000.The sold of the tons of coal are 200,000.The expenses of the period = ?
The expenses of the period = (300,000-50,000)/1,000,000×200,000
The expenses of the period = 50,000
As a result, Seven Co. owns a coal mine is the depletion expense for the period will be how much are 50,000.
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If Tarek and Samantha do not write wills and one or both were to pass away, how will the distribution of their assets be decided
If both Trek and Samantha do not write wills and passed away, their asset will be distributed to the beneficiaries through the court's letter of administration.
Usually, when an estates dies without a will stating its beneficiary, the asset will be administer by a court because no-one is recognized as a beneficiary to the deceased.
In conclusion, If both Trek and Samantha do not write wills and passed away, their asset will be distributed to the beneficiaries through the court's letter of administration.
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If an economy's GDP falls, then it must be the case that the economy's a. income and saving both fall. b. income falls and expenditure rises. c. income and expenditure both fall. d. income falls and saving rises.
When the income and expenditure both fall, then, it is likely that the economy's GDP will falls.
Basically, the economy's GDP refers to the total of all value added created in an economy in a particular period,
So, when income and expenditure of an economy falls, then, it is likely that the economy's GDP will falls consequently.Therefore, the Option B is correct because it is likely that the economy's GDP will falls.
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Fire Chief McGuire could see the problem from a mile away. Flames were leaping out of the old barn, blown by a west wind. Arriving at the scene, he noticed a young firefighter heading toward the back of the building. The fire chief yelled, “Stop!” but the rookie kept going. McGuire knew that the kid was putting his life in danger by going out of sight. There was no time to waste.
The __________________________ conflict-handling technique is most appropriate in this situation.
a. compromising
b. collaborating
c. dominating
d. accommodating
e. avoiding
Answer:
c. dominating
Explanation:
The dominating conflict-handling technique is most appropriate in this situation.
Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $3 per unit. Bluebird currently produces and sells 75,000 units at $7.00 each. This level represents 80% of its capacity. These bird feeders would be marketed under the wholesalerâs name and would not affect Bluebirdâs sales through its normal channels. Production costs for these units are $3.50 per unit, which includes $2.25 variable cost and $1.25 fixed cost. If Bluebird accepts this additional business, the incremental cost will be: ____________
a. $45,000.
b. $7,500.
c. $33,750.
d. $38,750.
e. $11,250.
If Bluebird accepts this additional business, the incremental cost will be: c. $33,750.
Using this formula
Incremental cost=Number of order for feeders× Variable cost
Where:
Number of order for feeders=15,000 feeders
Variable cost=$2.25
Let plug in the formula
Incremental cost=15,000×$2.25
Incremental cost=$33,750
Inconclusion if Bluebird accepts this additional business, the incremental cost will be: c. $33,750.
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__ is the monetary value of what a company received for goods sold, services rendered, and all other payments to the firm.
The monetary value that is been gotten by a company for the sold goods as well as services rendered and payments to the firm is revenue.
Revenue can be regarded as money that is been received from normal business operations.This can be calculated by multiplying average sales price with number of units sold.Therefore, revenue is the correct term.
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What term refers to the percent of total revenues that represent a business's actual profit? A. Percent increase B. Relative revenue C. Profit margin D. Markup
The profit margin shows the percentage of a sale that is profit for a company.
What is profit margin?One of the often utilized profitability metrics to gauge a business's or line of company's profit is profit margin. It displays the proportion of profitable sales.
Profit margin is the difference among your company's total operating expenses and its total revenue. With more cash on hand for your organization, the profit margin will rise. You can rapidly determine a company's profit margin by subtracting the cost of the product sold (COGS) from overall sales and the result is divided by total revenue. Multiplying the figure by 100 will get the percentage.
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what will happen when unity is not in organization ? explain in details.
Walmart, Target, and Costco are competitors. Target wants to gain a competitive advantage and increase its market share. What should Target NOT offer to achieve a competitive advantage
Since Target is interested in gaining a competitive advantage by increasing its market share against competitors, Costco, Target should NOT offer A. Increased shipping and handling fees.
If Target increases the fees for shipping and handling, it will lower its competitive advantage with customers. To improve its competitive advantage, Target should explore the other three options.
Options for the Question:
A. Increased shipping and handling fees
B. Low prices
C. Excellent customer service
D. A high-product quality
Thus, offering increased shipping and handling fees should not feature in the efforts of Target to gain a competitive advantage over Costco.
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Which employee is most likely to have a pension plan?
A. A food bank volunteer
B. A family physician
C. A public school teacher
D. A part-time food server
A public school teacher is most likely to have a pension plan. Option C is correct.
What Exactly Is a Pension Plan?A pension plan is an employee benefit in which the company pledges to making monthly contributions to a pool of money put aside to finance payments to qualified employees once they retire.
Underfunding, mismanagement, insolvency, and legal exclusions are all possibilities that might jeopardize the pension. There are laws in place to safeguard you in such situations, but some are more effective than others.
Therefore, option C is correct.
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Explain the characteristics of public limited companies
Explanation:
Life span
Number of shares
Financial privacy
If you had to explain to someone what “citing a source” means, how would you describe it?
Answer:
A citation identifies for the reader the original source for an idea, information, or image that is referred to in a work. In the body of a paper, the in-text citation acknowledges the source of information used. At the end of a paper, the citations are compiled on a References or Works Cited list.
Splash World Pool Supplies wants its salespeople to call on pool wholesalers five times per year and to spend two hours on each sales call. Every salesperson works a 40-hour week and takes off two weeks for vacation each year. A salesperson must spend half of the time on travel and administration. Approximately how many salespeople does Splash World need to service 1,000 accounts
Approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
First step is to calculate the selling time using this formula
Selling time=Number of customers ×Sales calls per year× Hours per sales call
Let plug in the formula
Selling time=1000 × 5 ×2 hours
Selling time= 10,000 hours
Second step is to determine the number of hours they used to sell
Hours to sell= (40 hours per week× 50 weeks)×1/2
Hours to sell = 2000 hours per year×1/2
Hours to sell= 1000 hours per year
Third step is to determine how many salespeople does Splash World need to service 1000 accounts
Number of salespeople=10,000 hours /1000 hours per year
Number of salespeople=10
Inconclusion approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
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A(n) select an option standard is expressed as a unit amount while a(n) select an option budget is expressed as a total amount.
A budget expresses a total amount while a standard expresses a unit amount.
A budget refers to the total projected revenues, costs, or expenses. A standard refers to the projected amount per unit of product or per unit of input or per unit of output.
The difference between a standard and a budget is that a budget expresses a total amount while a standard expresses a unit amount.
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You have just been hired as a brand manager at Kelsey-White, an American multinational consumer goods company. Recently the firm invested in the development of K-W Vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about K-W brands. It is 2018. The system is populated with 3 years of historical data.
As brand manager for K-W’s Blue laundry detergent, you are tasked to lead the brand's turnaround. Use the Vision platform to to develop your strategy and grow Blue’s market share over the next 4 years.
The question is about the growing market share of Blue over the next 4 years.
Kelsey-White is an American multinational consumer goods company. It is 2018 and we have past 3 years of historical data. The data available must be a big data and needs to be sorted in order to find the trend and patterns visible to analyse the data of the past 3 years and draw marketing strategy out of it.
Along with the past data, new data is also required because the current market trend, pattern and customer choice for detergent can have severe impact on market and its products. Analyzing customer choice is important and that can be done through the customer surveys at super markets and providing free samples and then taking feedback from them.
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A brand strategy is a plan for the long term that addresses a path towards the development of a brand that is widely accepted, growth-oriented, has commercial value, in other words successful.
PURPOSE
the first step towards creating a great brand is to identify and pen down the goals / PURPOSE that the business must achieve. KW has requested that the brand manager should turn around the brand for the Blue Laundry Detergent.Now that is a vision. So for it to become a goal, it has to be re-written into a format that is clear, achievable, measurable, realistic, and time-bound. For example, in order to be considered a profitable brand, how much would K-W consider to be adequate in terms of income/profit generated at the end of 4 years? how many percent of the existing market share is K-W looking to take over?At this point, we already have a 3-year data collection on the product's historical performance. As the brand manager, we want to analyze the data to understand the nature of the market as it currently is. We will look into the data to find answers to the following questions:who were the largest buyers of this product in the last three years?can they be categorized by age, income range, geographical location, specific interests, occupation, etcwhat or who influences their buying decisions?What are the strengths of the brand? can this be improved upon and leveraged for ads?What are its weaknesses? can this be turned into strengths, and or reduced?What are the current opportunities/gaps in the market? We can get this information by reaching out to existing customers by way of research.who are the competition? what are the weaknesses in their products? What are their strengths?How do they price their products?CONSISTENCY
Armed with this information we will then proceed to DESIGN a brand that is CONSISTENT with the message that we want to communicate. So if for example, no other product in the market has a detergent that disinfects, we can build this into our message for the new brand of K-W Blue detergent.An example of that message would be that "K-W Blue Detergent" is cheaper, better, and disinfects.
Once the message is clear, the brand can them be designed using a Style guide. A style guide gives the consumer information about the business. It also makes it easy for the brand to be recognized. Remember, the key objective here is CONSISTENCY.
EMOTIONS
It is impossible to build a successful brand if that brand is not designed to
be desired. For example, when people think about a Bentley, they think about a certain kind of lifestyle. So when people want to associate with that kind of lifestyle and they are about to make a buying decision, they think of a Bentley.
EMPLOYEES
The first clients who must buy into the brand being created is the employees. They are the first "advangelists". They are also involved in the creation process so it is critical to get their buy-in.
If the employees think that a brand/brand strategy won't fly. It won't.
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Lay's Meat Market has 8,000 shares of stock outstanding at a price per share of $13. What will the price per share be if the firm declares a 3-for-5 reverse stock split
The price per share be if the firm declares a 3-for-5 reverse stock split is $21.67.
First step is to calculate the number of shares
Number of shares=[(8,000/$13)×3/5]
Number of shares=369.23
Second step is to calculate the price per share using this formula
Price per share=Shares of stock outstanding/Number of shares
Let plug in the formula
Price per share=8,000/369.23
Price per share=$21.666
Price per share=$21.67 (Approximately)
Inconclusion the price per share be if the firm declares a 3-for-5 reverse stock split is $21.67.
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Answer:
Hi there what is your question
hope you have an awesome day
Explanation:
The key issue in oligopoly markets is the seller's actions: a.Completely independent of each other. b.Controlled by the main seller in the market. c.Interdependent in that the actions of one seller directly impact all other sellers. d.Regulated or controlled by a government agency.
It should be noted that a key factor in oligopoly markets is that the sellers are C. Interdependent in that the actions of one seller directly impact all other sellers.
Oligopoly simply refers to the market that has a small number of firms who are interdependent of each other's price and output policies.
It should be noted that the firms cannot act independently. They have to take other sellers into consideration when making a decision.
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Brenda and Felicity each deposit $200 in the same type of interest-earning
retirement account each month. Brenda began at age 30, and Felicity began
at age 40. Assuming they each retire at 67, which statement is true?
A. Felicity will have more money in her retirement account.
B. They will both have the same amount of money in their retirement
accounts.
C. Brenda will have more money in her retirement account.
D. Neither of them will be able to use the money in their retirement
accounts until several years after they retire.
Answer:
c
Explanation:
Assuming they each retire at 67, the statement is true Brenda will have more money in her retirement account. Thus the correct option is C.
What is a retirement account ?A retirement account is referred to as a type of saving account in which teh pension and other benefits received by an individual during their course of career will be collected which helps them during their age of retirement when they do not have any active source of income.
In the example, it is stated that Brenda and Felicity each contribute $200 each month to the same kind of interest-bearing retirement account. Felicity started at age 40, while Brenda started when she was 30.
Assuming that each retires at 67, Brenda will have more money in her retirement account as she started putting the amount earlier than the Felicity, so have more savings than Felicity.
Therefore, option C is appropriate.
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Exercise 11-7 (Static) Depreciation methods; partial periods [LO11-2] On March 31, 2021, Susquehanna Insurance purchased an office building for $12,000,000. Based on their relative fair values, one-third of the purchase price was allocated to the land and two-thirds to the building. Furniture and fixtures were purchased separately from office equipment on the same date for $1,200,000 and $700,000, respectively. The company uses the straight-line method to depreciate its buildings and the double-declining-balance method to depreciate all other depreciable assets. The estimated useful lives and residual values of these assets are as follows: Service Life Residual Value Building 30 10% of cost Furniture and fixtures 10 10% of cost Office equipment 5 $30,000 Required: Calculate depreciation for 2021 and 2022.
Depreciation is the accounting method of allocating cost of an asset over its useful life.
It can be calculated in different ways.
The data given is
DepreciationUseful Residual Year
Life Value 2021 2022
Building 30 10% of cost 180,000 240,000
8,000,000
Furniture and fixtures 10 10% of cost 1800,000 2040,000
120,000
Office equipment 5 $30,000 210,000 196,000
Note: The first year's depreciation for the three assets is lesser due to the depreciation calculated for 9 months from April to December and the next year's depreciation is for 12 months.
Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life
A. Depreciation Building Straight Line Method= $ 8,000,000- $800,000/ 30= $ 240,000
The depreciation expense using the straight line method does not change unless the salvage value is reached.
B. Straight Line Rate= 100%/ useful Life
Straight Line Rate for furniture= 100%/ useful Life= 100%/10= 10 %
Straight Line Rate Office Equipment= 100%/ useful Life= 100%/ 5= 20 %
Double Declining Method = 2 * Straight Line Rate
Double Declining Method Furniture= 2 * Straight Line Rate= 2*10%= 20%
Double Declining Method Office Equipment= 2 * Straight Line Rate= 2*20%= 40%
In double declining method the rate is multiplied to the cost to get the depreciation expense. 20 % of $ 12,000,000= $ 2400,000
Each year the rate is multiplied with the remaining book value after deducting the depreciation expense from the cost as $ 12,000,000- $ 1,800,000= $ 10,200,000
Next years depreciation will be $ 10,200,000 * 20%= $ 2040,000.
This will be added in the original depreciation expense $ 1800,000 + $ 2040,000 = $ 3840,000 and deducted from cost to get the book value. $ 12,000,000- $ 3840,000 = $ 8160,000
Again rate will be multiplied and each years depreciation will be calculated similarly.
It has been summarized in the table below.
Years Dep Rate Dep Expense Accu. Dep. Book
Value
a. 2021 20% 12,000,000 2400,000 1800,000 $ 10,200,000
b. 2022 20% $ 10,200,000 2040,000 3840,000 $ 8160,000
Office Equipment
Years Dep Rate Dep Expense Accu. Dep. Book
Value
a. 2021 40% 700,000 280,000 210 ,000 $ 490,000
b. 2022 40% $ 490,000 196,000 406,000 $ 294,000
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Bryan Corp. has two departments: Wholesale and Retail. The following information is available: Wholesale Retail Total Actual sales (in units) 20,000 30,000 50,000 Budgeted sales 15,000 45,000 60,000 Budgeted contribution margin (per unit) $5 $3 What is the sales-quantity variance for the retail division
The sales-quantity variance for the Retail Division of Bryan Corp. is 15,000 units (unfavorable).
Data and Calculations:
Divisions Wholesale Retail Total
Actual sales (in units) 20,000 30,000 50,000
Budgeted sales 15,000 45,000 60,000
Budgeted contribution margin (per unit) $5 $3
Sales-quantity variance 5,000 F 15,000 U 10,000 U
Sales-quantity variance for the Retail Division = 15,000 units U (45,000 - 30,000).
Thus, the Retail Division recorded an unfavorable sales-quantity variance of 15,000 units.
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What is the importance of physical distribution?
Identify the supply chain management process that produces, tests, packages, and prepares products for delivery.
Answer:
Supply chain execution system
Explanation:
supply chain execution system
g At the beginning of the year, Calvin paid $5,000 for 60 shares of Eddington stock. In June, he received a $300 cash distribution with respect to the stock. His Form 1099-DIV reported that $170 was an ordinary dividend and $130 was a nontaxable return of capital. Compute Calvin's tax basis in his 60 shares at year-end.
Based on the information given Calvin's tax basis in his 60 shares at year-end is $4,870.
Using this formula
Tax basis=Beginning cash-Nontaxable return of capital
Where:
Beginning cash=$5,000
Nontaxable return of capital=$130
Let plug in the formula
Tax basis=$5,000-$130
Tax basis=$4,870
Inconclusion Calvin's tax basis in his 60 shares at year-end is $4,870.
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Please answer the questions in the image. This is so frustrating....
Pls help me with this I’ll do 100 points pls pls
Answer:
It looks like you have to make a presentation for this.
Explanation:
You have to create a ppt (and quick) on promotion.
Identify and describe four factors that will cause a demand curve for gasoline to shift to the left or decline. What will the likely effect on prices
Answer:
four factors that could potentially cause a leftward shift in the demand curve for gasoline include
higher prices in gasoline
substitutes for gasoline available at lower prices
substitutes for complementary products (such as electric vehicles) being available at lower prices
changes in consumer income or purchasing power
Explanation:
higher gas prices will have a negative impact on consumer purchasing power, resulting in a decline in demand for the product
substitutes for gasoline, such as diesel or natural gas, at lower prices will cause demand for said substitutes to increase, resulting in a decline in demand for gasoline
complementary products to gasoline are gas-powered vehicles. when demand in a complementary product decreases, so will the demand in the initial product--in this case, gasoline
when consumer income declines, consumer purchasing power declines; this results in a decline in demand for products, such as gasoline
China has adopted a three-tier board structure, with a board of directors, a supervisory board, and a subordinate board. China has adopted a three-tier board structure, with a board of directors, a supervisory board, and a subordinate board. false
It is false that China has adopted a three tier structure of board of the company.
The Two Tier Board structure refers to the corporate structure that consists of two separate Boards of directors that govern such entity.
Currently, the Chinese companies have a two-tier board structure which consists of the supervisory board and a board of director.Hence, it is false that China has adopted a three tier structure of board of the company.
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