Answer:
true
Explanation:
a company selling goods subtracts select from sales to determine gross profit.
A company selling goods subtract cost of goods sold from sales to determine gross profit.
Cost of goods sold has to do with the costs of manufacturing a products such as:
Direct material costDirect labor costIn order for a company to know or determine their gross profit for a particular period they will have to deduct their sales from the cost of goods sold.
The formula to determine gross profit is:
Gross profit=Sales -Cost of good sold
Inconclusion a company selling goods subtract cost of goods sold from sales to determine gross profit.
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1. Which product type (coffee/ espresso/ herbal tea/ tea) yields the maximum profit in each market size(major/small)? (2 points).
If the economy is experiencing an inflationary gap, the Fed should conduct ______ monetary policy to ______ aggregate demand.
gator, inc. has a 42% share of the $300 million market for gator t-shirts. however, they feel they can do better. after doing research, they found the gator t-shirt industry as a whole spends $50 million a year in marketing efforts. gator, inc. knows its own gross margin is $14.7 million for the year. not satisfied with their 42% share, they decide to try to obtain 45% of the market. is it worth the effort for gator, inc. to attempt the increase in market share, and how much gross margin do they gain or lose in the effort assuming they are successful?
It does not worth the effort for gator, inc. to attempt the increase in market share, and the amount of gross margin they lose in the effort assuming they are successful is $1,200,000.
Sales revenue per share point = 300 million/100
Sales revenue per share point = $30 million
Firm’s sales = 300 x 42%
Firm’s sales = $126 million
Firm’s Gross Margin per share point = $14.7 million/42 share points
Firm’s Gross Margin per share point = $350,000
Per share of voice point = $50,000,000/100
Per share of voice point = $500,000
Increase in market=42% -45%
Increase in market= 3%
Using 1.5 rule of competitive parity the company would have to spend more money in order to make use of 4.5 additional share of voice points
Additional marketing effort required=$500,000 per share x 4.5
Additional marketing effort required= $2,250,000
Assuming the company was successful, market share will increase by 3 share points.
Additional share points yield=350,000 x 3
Additional share points yield=$1,050,000
Gross margin=$1,050,000- $2,250,000
Gross margin= $1,200,000
Based on the above calculation Gator Inc. should not increase their market share reason been that they would lose $1,200,000.
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Teller's checks and personal checks are classified as
O A. drafts
O B. obligors
C. notes
D. certificates
Answer: they are classified as D) certificates
Explanation:
Many of the meetings in which office workers are involved are informal, small group meetings
Answer:
false
Explanation:
office meetings are always formal because this is a serious meeting. Every worker is also involved. You can tell by the way they dress the meeting and the way they speak is formal.
You want to make sure your account reflects the spending you’ve actually done, so you pull receipts out of your clothes pockets from the last two weeks and find two for Cool Snacks, one for Club Cafe, one from a sale at Clothing Rack, and an ATM slip for a withdrawal of $30.
Based on the information given, the items that can be reflected in the account activity but that the person cannot account for include bank charges and transactions involving the use of ATMs.
From the complete information, it should be noted that there are bank charges that are charged by the banks. In this case, the account may not reflect the spending that has actually been done.
Also, there are taxes that are charged on the goods that the person bought. Therefore, this will be reflected on the account activity and will give rise to a higher value than the amount that the person actually spends.
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A key contribution of ________ was the identification of the major functions of management which are planning, leading, organizing, and controlling. total quality management administrative management the behavioral viewpoint contingency theory
Every Firm needs management. A key contribution of Administrative management was the identification of the major functions of management which are planning, leading etc.
Administrative Management is known to be a type of management that is concerned with managing everything about the organization.
They are responsible for planning, organizing, leading, controlling, and coordinating and stating the need for budgets and controls.
Conclusively, this type of management is based on seeks to make an organization that is efficient and effective.
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Which statement best describes the relationship between credit and debt
when you use a credit card?
A. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
C. Your credit stays the same as you lower your debt.
D. Your debt increases as you use your credit card more.
Answer:
D
Explanation:
it is D because it shows the mention use.as the question did
It is the responsibility of ________ to determine the ethical approach to setting prices so consumers find value and the firm can make a profit.
Based on business strategy, it is the responsibility of Marketers to determine the ethical approach to setting prices so consumers find value and the firm can make a profit.
The role of the marketer is basically to ensure and determine the pricing strategies of the products such that the targeted consumers can get value from them while the firm as well makes a profit.
Marketers also perform other typical roles like creating awareness for the products.
Also, they perform functions like advertisement campaigns and targeting techniques in response to demographic figures.
Hence, in this case, it is concluded that the correct answer is "Marketers."
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Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositing funds with the Fed is to lend them to businesses and individuals. What are you likely to do if the Federal Reserve increases the interest rate that it pays on your deposits with them
If the Federal Reserve increases the interest rate that it pays on your deposits with them increase reserves at the Fed and reduce loans.
If the Federal Reserve increases the interest rate that it pays on your deposits with them, this means that the amount I deposit with the Fed would earn a higher rate of interest.
The aim of businesses is to make profit. As a result, I would increase the amount I deposit with the Fed in order to earn a higher rate of interest on my deposit and I would reduce the amount of loans I make.
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In which step of the selling process does a salesperson learn as much as possible about a prospective customer before making a sales call
The step of the selling process that a salesperson learn as much as possible about a prospective customer before making a sales call is: Pre-approach.
Pre-approach selling process can be defined as the way in which a sales person learn more about a prospective customers before approaching the customers.
Pre-approach enables a salesperson to plan ahead by obtaining more facts or information about their target customers before making their presentation or before contacting their customers.
Most salesperson often make use of pre-approach as this will enable them to know more about their client as well help build their confident before approaching their client.
Pre-approach selling process can prevent a salesperson from making mistakes when carrying out their sales presentation based on the already relevant information the salesperson has at hand.
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The key characteristics of a monopolistically competitive market structure include:
Many small (relative to the total market) sellers acting independently.
A monopolistically competitive market is a market structure where there are many producers of similar products but each firm can differentiate their own products.
In a monopolistically competitive market, entry into the markets are low. This means that there are no barriers to entering and exiting the market for sales purposes.
Thus, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.
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A payment made by a firm to its owners in the form of new shares of stock is called a _____ dividend.
That type of payment is a stock dividend.
Please help please please
Answer:
e you chose that includes at leasnts on your time line.) You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
Explanation:
5. Submit a thematic time line for the theme yo You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
Katrine doesn't understand all of the various aspects of automobile insurance and relies on her local independent State Farm Insurance agent to provide her with information. This agent acts as a(n) _____ for State Farm.
You are a delivery manager at Blue Bag, a wholesale bakery. The bakery employs two drivers and owns two trucks. Each truck can deliver up to 225 crates of bread per day. The bakery has standing orders for 400 crates a day. As the increasing of your sales, you hire 4 more drivers and own 1 more truck with 2 shifts. Find the increasing percentages to fit with the hires.
The maximum number of orders the bakery can receive is 675 per day and the percentage of increase is 50%
Taking into account that each truck has a maximum capacity of 225 boxes of bread and that the bakery has 3 trucks. To find the maximum order capacity, multiply the number of boxes of bread by the number of trucks:
225 × 3 = 675
To know what the percentage of increase in the bakery order capacity is, the maximum capacity must be known before acquiring the last truck (450).
Subsequently, to know the percentage of growth with a new truck with respect to the previous capacity, it is necessary to carry out the following operation:
225 × 100 = 22500 22500/450 = 50
According to the above, 225 corresponds to 50% out of 450, that is, the growth in the bakery's order capacity was 50%.
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the ________ step in the selling process is often stressful for salespeople, since one of the possible outcomes is that the salesperson goes away empty-handed.
Based on marketing strategy, the Closing the sale step in the selling process is often stressful for salespeople, since one of the possible outcomes is that the salesperson goes away empty-handed.
Closing the sale step is one of the steps in the sales process that salespeople use to market their products.
Closing the sale step includes various steps such as the following:
Carrying out pre-sale research. Meeting and greet. Ask for the sale.Follow-up.Hence, in this case, it is concluded that the correct answer is "Closing the sale."
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Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much is the new contribution margin ratio?.
Wayfair Co's new contribution margin ratio is 50%.
Data and Calculations:
Number of tables sold in May = 5,500
Sales revenue = $300,000
Selling price per table = $54.55 ($300,000/5,500)
Total variable costs = $165,000
Variable cost per unit = $30.00 ($165,000/5,500)
New selling price per table in June = $60 ($54.55 x 1.1)
Contribution margin per table = $30 ($60 - $30)
Contribution margin ratio =50% ($30/$60 x 100)
Thus, the new contribution margin ratio is 50%.
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How does the targeting process in entrepreneurship differ from the targeting process in traditional marketing
Targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.
Targeting process refers to process of breaking-down a market into segments to facilitate concentration of marketing efforts on target segments.
An entrepreneur will first seek to come up with a product idea in the targeting process whereas the marketer will seek to identify the market segment to concentrate on.In conclusion, the targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.
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enterprise opportunities
the most common definition that monetary policymakers use for price stability is
Answer:
A central feature of monetary policy strategies in all countries is the use of a nominal variable that monetary policymakers use as an intermediate target to achieve an ultimate goal such as price stability. Such a variable is called a nominal
Explanation:
PA BRAINLIEST
the issuance of stock for cash is reported on the statement of cash flows under
Answer: Finance Activities
Explanation: The issuance of stock is reported on the financing activities in a statement of cash flow. Businesses fund their operations either by the issuance, (sale) of stock or shares which is equity or receiving a bond or note payable which has to be repaid plus its interest which is liability. A transaction that involves a liability or equity will be reported under the financing activities section in a statement of cash flow.
Hope this explanation helps.
Best to you.
________ measures how optimistic or pessimistic people are about the future health of the economy and how they will fair in the future.
The measure of the faith in which the populees habour over the perceived future of the economic condition of a region is described as consumer confidence.
Consumer confidence is an important factor which often measures if consumers or organizations would go into a long term businesses. This is usually influenced by the economic principles, experience and record of an organization.Hence, a company or organization which has low consumer confidence would fInd it difficult to keep consumers to long term beisiness conditions.
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why should we emphasize Black Friday?
Answer:
i dont know
Explanation:
it only happens once a year
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $1.9 million. In your market, you compete against two other dealers, and the market-level price elasticity of demand for midsized Honda automobiles is -1.2. In each of the last five years, your dealership has sold more midsized automobiles than any other Honda dealership in the nation. This entitled your dealership to an additional 40 percent off the manufacturer’s suggested retail price (MSRP) in each year. Taking this into account, your marginal cost of a midsized automobile is $11,000.
What price should you charge for a midsized automobile if you expect to maintain your record sales?
The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Using this formula
Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)
Let plug in the formula
Midsized automobile price = $11,000 (3× -1.2) / 1 + (3× -1.2)
Midsized automobile price = $14,000 × -4.8/ -3.8
Midsized automobile price = $14,000 × 1.384615
Midsized automobile price = $15,230.765
Midsized automobile price =$15,230.77 (Approximately)
Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
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Surfaces on the same body are assumed to experience meteorite impacts with the same frequency. If this is true, what could account for the stark contrast in impact crater density on bordering regions of Ganymede in the photo?.
Craters are known to be cause by the collision of a meteorite with the Earth. It is true because the surface with fewer impact craters is said to be a new surface.
The factor that account for the stark contrast in impact crater density on bordering regions of Ganymede in the photo is because since it has not been impacted as many times as the older surfaces.
The impact craters are therefore too hard to recognize as a result of weathering and erosion of its surface.
The Moon is known to lacks water, atmosphere, and tectonic activity of which these factors or forces often erode Earth's surface and erase some new impacts.
The impact crater is often influenced by the appearance of impact craters and ejecta are said to be the size and velocity of the impactor.
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How do I take over the world
A. Giant Robot army
B. Convince the Government XD
C. Ally with larger armies
D. All of the above
Answer:
D. All of the above lol
Explanation:
because I say so
Well, if you think logically, B is never the answer.
I believe you are somewhat young, "XD" is a giveaway (Though I shouldn't assume your age, it's rude, my apologies). They will never let you take over the world, even if you may be convincing.
A giant robot army would take a while to make, but plans take a while to make so you could consider it. It does depend on how many you would like to make. An army can consist of a few hundred, to a few hundred thousand, though in this case maybe a thousand may be useful.
Ally with larger armies would be useful, you would get plenty of firepower, possibly all over the world. You should probably ally with armies in many countries, allowing you to cover as much ground as possible. This would take a while, though maybe not as long as the robot army.
All of the above is most likely the best option, you can ally with larger armies and make that robotic army of yours, and you would have a few backup plans in case anything goes wrong.
So I would go with D, All of the above.
on january 1, 2021, strato corporation borrowed $2 million from a local bank to construct a new building over the next three years. the loan will be paid back in three equal installments of $776,067 on december 31 of each year. the payments include interest at a rate of 8%.
The journal entry for the receipt of the issue of note payable, based on the amount borrowed by Strato Corporation is:
Date Account title Debit Credit
Jan. 1 2021 Cash $2, 000, 000
Note payable $2, 000, 000
How to record borrowed amounts?When a company borrows an amount such as Strato Corporation did, the amount would first go to cash because the borrowed amount represents a cash infusion into the company. The cash account will therefore be debited by the amount that was borrowed because assets are debited when they come in. In this case, this amount is $2, 000, 000 so this will be debited to cash.
The loan represents a Notes Payable and so which is a liability. When liabilities are incurred, they are credited to the liability account. The loan amount would therefore be credited as a Notes payable with the amount $2, 000, 000.
The question is:
Record the receipt of cash from the issue of note payable.
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Lexon Corp. produces high-nutrition breakfast products. As it enters into foreign markets, it faces strong pressures for both reducing costs and adapting products for local markets. Based on this, the company should use a
Since the company faces strong pressures for both reducing costs and adapting products for local markets, it should use a transnational strategy.
A transnational strategy simply refers to a business structure where the global business activities of a company are coordinated through cooperation and interdependence between the head office and local subsidiaries.
Since Lexon Corp faces strong pressures for both reducing costs and adapting products for local markets, it should use a transnational strategy.
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