On June 1, Grill Master Ltd. had an inventory of 10 barbeques at a cost of $440 each. Grill Master uses a periodic inventory system. During the month of June the following transactions occurred:
Jun 3 Purchased 25 barbeques at a cost of $440 each from BBQ King Ltd., terms n/30.
5 Paid $200 freight for the barbeques purchased on June 3.
6 Sold 12 barbeques to Outdoor Grill for $760 each, term n/30. The returns estimate was 5%.
7 Received credit from BBQ King for the return of two defective barbeques.
13 Issued a credit to Outdoor Grill for the return of one defective barbeque.
16 Received a credit from BBQ King for the defective barbeque returned by Outdoor Grill.
19 Purchased 10 barbeques from Backyard Barbecues at a cost of $440 each, terms 2/10, n/30.
20 Paid freight of $200 on the June 19 purchase.
On June 30, Grill Masters ending inventory was $6,440
Instructions
(a) Prepare journal entries to record the above transactions.
and explanations!
Answers
In June, Grill Master Ltd. recorded several transactions, including purchases, sales, returns, and freight payments. The corresponding journal entries were made to accurately reflect these transactions.
To record the transactions for Grill Master Ltd. in the month of June, the following journal entries would be made:
June 3:
Inventory (25 x $440) 11,000
Accounts Payable 11,000
(To record the purchase of 25 barbeques from BBQ King Ltd.)
June 5:
Inventory 200
Accounts Payable 200
(To record the freight payment for the barbeques purchased on June 3)
June 6:
Accounts Receivable 9,120
Sales Revenue 9,120
(To record the sale of 12 barbeques to Outdoor Grill)
Cost of Goods Sold 4,368
Inventory 4,368
(To record the cost of goods sold for the 12 barbeques sold)
June 7:
Accounts Payable 880
Inventory 880
(To record the return of two defective barbeques to BBQ King)
June 13:
Accounts Receivable 760
Sales Returns and Allowances 40
Inventory 40
(To record the return of one defective barbeque from Outdoor Grill)
June 16:
Accounts Payable 440
Inventory 440
(To record the return of the defective barbeque from Outdoor Grill to BBQ King)
June 19:
Inventory (10 x $440) 4,400
Accounts Payable 4,400
(To record the purchase of 10 barbeques from Backyard Barbecues)
June 20:
Inventory 200
Accounts Payable 200
(To record the freight payment on the June 19 purchase)
June 30:
Cost of Goods Sold 8,000
Inventory 8,000
(To record the cost of goods sold for the remaining inventory)
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Related Questions
Business Needs and Requirements
1. Business Establishment- establish and create a business that is
profitable, where the profit margin is in accordance with what is stipulated.
2. Initial Investment and Site Construction Properly use the
capital, for the basic needs of the business and the construction of the
infrastructure.
3. Comply with the Requirements of Licenses, Permits and Certifications to
State and Federal level - have a plan for obtaining permits,
licenses and certifications in an organized manner and with the most
possible highs.
4. Recycling Policy have a structured policy, which details
in depth the material that can be recycled, to avoid costs in
unusable matter.
5. Possibility of Development and Experience- use errors in favor
common within the business, to avoid future costs and risks, while
experience is gained and the business is further developed.
6. Be Reliable- establish a business that is able to withstand setbacks,
difficulties and delays that may be encountered during the process,
minimizing the impact that this may have on the business.
7. Be Affordable - set up a business which is cost effective and accessible
to all communities, thereby impacting a greater number of people
and increasing the positive impact on the environment.
8. Positive Work Environment - have a healthy work environment,
where teamwork and employee well-being are promoted, which
help for individual and business growth.
9. Offer Diverse Services - through the process, offer different
services, which help impact recycling in different ways and
increasing the sources of business income.
10. Ensure a Successful Business - ensure that recycling is reliable, and is
an intelligent way of dealing with modern problems that exist in the
environment.
Answers
The main factors for a successful recycling business include profitability, efficient resource allocation, legal compliance, recycling policy, experience, reliability, affordability, a positive work environment, diverse services, and addressing environmental challenges.
1. Business Establishment: The focus is on creating a profitable business with a profit margin that aligns with the set targets. This involves careful planning and execution to ensure the business's success and financial viability.
2. Initial Investment and Site Construction: Properly allocating and utilizing capital is crucial for meeting the basic needs of the business and constructing the necessary infrastructure. This requires efficient financial management to optimize resource allocation.
3. Comply with Licensing, Permits, and Certifications: Meeting the legal requirements at the state and federal levels is essential. Having a well-organized plan for obtaining necessary permits, licenses, and certifications ensures compliance and avoids potential legal issues.
4. Recycling Policy: Implementing a structured recycling policy is important to determine which materials can be recycled, minimizing costs associated with waste that cannot be reused. A well-defined policy helps streamline recycling processes and reduces environmental impact.
5. Possibility of Development and Experience: Learning from mistakes and using them to improve business operations is vital. Gaining experience over time allows for better decision-making, risk mitigation, and overall business development.
6. Reliability: Building a reliable business involves creating resilience to setbacks, difficulties, and delays that may occur. Being prepared to handle unforeseen challenges ensures continuity and minimizes disruptions to operations.
7. Affordability: Striving for a cost-effective and accessible business model allows a larger segment of the population to participate in recycling efforts. This increases the positive impact on the environment and promotes wider adoption of sustainable practices.
8. Positive Work Environment: Creating a healthy work environment fosters employee well-being and encourages teamwork. A positive workplace enhances productivity, job satisfaction, and overall individual and business growth.
9. Diverse Services: Offering a variety of services related to recycling expands the business's impact and income sources. Providing different avenues for recycling enables catering to diverse customer needs and maximizes revenue potential.
10. Ensuring a Successful Business: The ultimate goal is to establish a successful recycling business that effectively addresses environmental challenges. This involves implementing reliable recycling practices and showcasing the value of recycling as an intelligent solution to modern environmental issues.
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what is the difference between a supermarket and a hypermarket
Answers
Super market are big but hypermarket is much bigger and it offers big ticket items such as appliances
In the current year (2021), Jensen had the following items:
Salary
$50,000
Inheritance
25,000
Alimony from ex-spouse paid pursuant to a 2021 divorce decree
12,000
Child support from ex-spouse
9,000
Capital loss on investment stock sale
(6,000)
What is Jensen’s AGI for the current year?
Answers
Jensen's AGI for the current year is $80,000. This is calculated by adding all of Jensen's income sources together: $50,000 salary + $25,000 inheritance + $12,000 alimony + $9,000 child support - $6,000 capital loss = $80,000 AGI.
In the current year (2021), Jensen's Adjusted Gross Income (AGI) can be calculated by including the following items:
Salary: $50,000
Inheritance: Not included (it is not considered taxable income)
Alimony from ex-spouse paid pursuant to a 2021 divorce decree: Not included (alimony is not taxable income for divorce decrees issued after December 31, 2018)
Child support from ex-spouse: Not included (it is not considered taxable income)
Capital loss on investment stock sale: Limited to $3,000 (capital loss deduction is limited to $3,000 per year)
Jensen's AGI for the current year is $50,000 (salary) - $3,000 (capital loss deduction) = $47,000.
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3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *
Answers
Answer:
The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.
Explanation:
Barbara found a 1099-Int from her bank while spring cleaning. She knew right away that she did not give this to her accountant for her tax preparation. What can she expect from the IRS?
Answers
Answer:
In simple words, A 1099-INT tax return is proof that you were paid interest by someone – a bank or another company. A 1099-INT is sent if you received more than $10 in interests from a bank, stockbroker, or other commercial organization Your bank may have sent you this tax form because it paid your income on your funds.
the logistics process of recycling or disposing of returns from customers or from resellers is known as
Answers
The logistics process of recycling or disposing of returns from customers or from resellers is known as reverse logistics.
What is the reverse logistics process?Reverse logistics, as it is commonly known, is the movement of commodities away from their usual final location in order to increase their value or ensure correct disposal. The management and sale of excess inventory or raw materials, as well as the delivery of rented machinery, equipment, and other hardware back to the leasing company, are all included in reverse logistics. Another name for it is returned.
Every e-commerce fulfillment operation needs management to be successful. An order's return procedure is known as reverse logistics. Moving the product back to its place of origin once it leaves the client is known as this process. Reverse logistics, in essence, is the handling or process of an item after the initial sale.
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Joe owns a business which produces wooden furniture he employs 20 workers in the production Department and three workers in the office is Joe pays all his workers wages which are calculated by time rate but he is thinking of changing to peace rate
Answers
Answer:
The peace rate will result in lower total wages than time rate.
Explanation:
Piece rate is a wages calculator in which labors are paid for the piece of work done by them. They are paid for the quantity of units produced irrespective of time consumed. Time rate is wage calculation method in which wages are calculated based on hours worked. The major disadvantage for this method is that labors can waste time making products due to securing high wage.
Your workers complain that they don’t like the performance appraisal system because all they get is negative evaluations and feedback. What approach to performance feedback could reduce this problem? Describe how this approach would differ from the traditional approach of focusing on weaknesses Some people have argued that performance appraisal should not be done.
Answers
The workers who receive negative evaluations and feedback from the performance appraisal system may not like the performance appraisal system.
An approach to performance feedback that could reduce this issue is the “strengths-based” approach.The strength-based approach emphasizes developing a worker's strong points rather than highlighting their faults or weaknesses. This approach is different from the traditional approach of focusing on weaknesses in which the organization’s management team looks for areas that require improvement in a worker’s job performance.
The strength-based approach offers an affirmative approach to appraisal by emphasizing what employees can do well. This approach increases job satisfaction, employee engagement, and ultimately, organizational performance.
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ELO Corporation purchased a patent for $135,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, ELO spent $33,000 to successfully defend the patent in a lawsuit. ELO feels that as of that date, the remaining useful life is 5 years. What amount should be reported for patent amortization expense for 2021
Answers
Answer: $30,000
Explanation:
Amortization from September 1, 2019 - January 1, 2021 :
September 1, - december 31 = 4/12 = 0.333333
(1 + 0.333333) × (135000 × 10) = $18,000
Value left before patent defense :
$(135,000 - 18,000) = $117,000
Amount reported for patent amortization expense 2021:
$(117,000 + 33,000) ÷ 5
$150,000 ÷ 5 = $30,000
when is subsidy necessary in comodity supply
Answers
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Explanation:
Fixed patterns of action that occur in response to particular stimulation are called?
Answers
Fixed patterns of action that occur in response to particular stimulation are called Reflexes innate.
Innate behaviour is behaviour that is genetically hardwired in an organism and can be executed without prior experience in response to a trigger. Doctors' knee response and human newborns' sucking reflex are both examples of very simple natural behaviours.
Innate kinesis, or undirected change in movement, and taxis, or directed change in movement, are both performed by some creatures. A fixed action pattern is a series of activities that are initiated by a critical stimuli. Even if the stimulus is withdrawn, the pattern will complete. Scientists can determine whether a behaviour is innate by presenting a stimulus to naive (untrained) animals and observing whether the behaviour is spontaneously triggered.
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Which one of the elements of the marketing mix is usually the easiest to change?
Answers
The price elements of the marketing mix is usually the easiest to change because it is a variable cost that can be adjusted up or down relatively quickly in response to market conditions, competition, or changes in consumer demand.
Price is often considered the easiest element of the marketing mix to change because it can be adjusted relatively quickly in response to market conditions, competition, or changes in consumer demand. Unlike other elements of the marketing mix, such as product features or distribution channels, price can be adjusted without significant changes to the underlying product or service.
For example, a company may choose to lower its prices in response to increased competition or to stimulate demand during a slow sales period. Similarly, a company may increase its prices to reflect the premium value of its product or to maintain profit margins in the face of rising costs.
However, while price may be the easiest element of the marketing mix to change, it is also one of the most visible and influential factors in consumers' purchasing decisions. Changes to price can have a significant impact on consumer perceptions of value, brand image, and overall sales. Therefore, it is important for companies to carefully consider the potential impact of price changes and to monitor consumer response in order to optimize their pricing strategy over time.
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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answers
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
A transaction is any business event that generates ________ worthy of being captured and stored in a database.
Answers
A transaction is any business event that generates data worthy of being captured and stored in a database.
In keeping with the transaction definition, a transaction is defined because of the trade of products and services or the switch of cash, or the dedication to alternate items and offerings within the future.
Examples of monetary transactions include coins receipts, deposit corrections, requisitions, buy orders, invoices, travel price reviews, PCard expenses, and magazine entries.
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betty is correct. there was no contract because she had not started trimming the shrubbery. betty is incorrect because there was a bilateral, express agreement. betty is incorrect because there was a unilateral, express agreement. betty is incorrect because there was a unilateral, implied agreement. betty is incorrect because there was a bilateral, implied agreement.
Answers
The correct statement regarding Betty's claim is that she is incorrect because there was a bilateral, express agreement. Therefore the correct answer is option B.
In the hypothetical situation, Betty and Debby agreed that Betty would trim the shrubs for $40. Any contract in which the terms and conditions are expressly stated by the parties is referred to as an express agreement. Betty and Debby were in complete agreement in this instance regarding the duty of pruning the shrubs and the payment of $40. This shows that a mutually beneficial, express agreement exists.
A bilateral agreement involves the parties making mutual commitments and obligations. Debby agreed to pay $40 for the service, and Betty agreed to trim the shrubbery. Both parties in this case accepted their respective roles and duties. As a result, it was a bilateral contract because both sides had to keep their word.
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The complete question is :
Business law teacher Debby needed some yard work done. She told her class that she would give $50 to the first person who mowed her yard. She also entered into an agreement with Betty who agreed to trim some shrubbery for $40. Max went to mow Debby's yard. Unfortunately, just as he finished mowing, a neighborhood dog bit him, and he had to go to the emergency room for a couple of stitches. Debby refused to pay Max because she said that he had angered the neighbors and their dog, and that he was more trouble than he was worth. Secretly, Debby was glad about the dog bite because she felt it gave her an excuse not to pay. Max refused to pay the emergency room because he said that they did not have a binding, bilateral contract. Betty refused to trim the shrubbery because she got a better offer and claimed that she was not bound on the contract until she started to perform.
Which of the following is correct regarding Betty's statement that there was no contract?
A. betty is correct. there was no contract because she had not started trimming the shrubbery.
B. betty is incorrect because there was a bilateral, express agreement.
C. betty is incorrect because there was a unilateral, express agreement.
D. betty is incorrect because there was a unilateral, implied agreement.
E. betty is incorrect because there was a bilateral, implied agreement.
Mary is earning a weekly salary of $521.60 as a payroll clerk. She has accepted a new assignment in the tax-processing department. In her new position, she will be paid an annual salary of $30,534.00. How much more would she earn per week in her new position?
Answers
Answer:
$65.60
Explanation:
Mary's current is $521.60.
In her new position, she will be earning $30,534.00. Her new weekly income will be as follows. Assuming one year has 52 weeks.
New pay = $30,534.00/ 52
New pay =587.20
In her new job, she will earn more by( $587.20 - $521.60.) =$65.60
=$65.60
mention any five types of small-scale retailers
Answers
Answer:
Retail trade is carried on both at small scale and large scale. Small scale retailers are either mobile traders (itinerants) or fixed shops. Mobile Traders or Itinerants These retailers have no fixed place of business. They move from place to place and sell articles of daily use near to consumers. These include the following:Explanitaion:1. Hawkers: A hawker moves about in residential localities. He carries his goods in a hand cart or bicycle. He deals in low-priced goods of daily use. E.g. combs, toys, soaps, mirrors, bangles, vegetables, fruits, ice-cream, etc. Read more on Sarthaks.
2. Peddlers: A peddler also moves from house to house and sells articles of daily use. But he carries his wares on his head or on the back of a mule. Read more on Sarthaks.
3. Cheap Jacks:A cheap jack hires a small shop in a residential locality for a temporary period. He shifts his business from one locality to another depending on the availability of customers. He deals in low-priced household articles. Read more on Sarthaks.
4. Pavement dealers or Street Traders: A pavement dealer displays his wares on footpath and outside public places such as railway station, bus stand, cinema, temple, etc. He sells low priced articles like newspapers, magazines, fruits, vegetables, footwear to the passersby. He is also called street trader. Read more on Sarthaks.
5. Market Traders:
A market trader sells goods at weekly markets when the shops are closed for weekly holiday. He displays goods outside the closed shops. He deals in lowpriced articles of daily use. He may also set up stalls on fairs and exhibitions. Fixed Shops (Small Scale Retail Shops) Small scale retail shops are the most popular form of retail trade. Read more on Sarthaks.
HOPE IT HELPSArnie worked for Evermore Life Insurance for many years and became their top-selling agent. However, while Arnie was out of the country enjoying his earnings, he forgot to send in his renewal for his life license and his license expired. In addition to Arnie’s license expiring, what else will happen to Arnie?
Answers
Answer:
Arnie appointment will expire
Explanation:
Based on the information given about Arnie, we were told that he work as a Life Insurance selling agent for so many years in which he later travelled out of the country while he forgot to send in his life license renewal making his license expired this means that since his license had expired due to failure of him to renew his licence, what will happen to Arnie is that his appointment with Evermore Life Insurance will well expire.
item skipped item 1 the process of mortgage securitization results in a separation between mortgage origination and mortgage financing.
Answers
Yes, that is correct. The process of mortgage securitization involves the separation of mortgage origination and mortgage financing.
Traditionally, when a borrower obtains a mortgage loan from a bank or lender, that institution holds the loan on its balance sheet and collects the payments from the borrower over time. However, in the case of mortgage securitization, the lender bundles a group of mortgages together and transfers them to a special purpose vehicle (SPV) or a trust. The SPV or trust then issues mortgage-backed securities (MBS) to investors in the financial market. As a result of this process, the mortgage origination function, which involves the initial lending and underwriting of the mortgage loans, is separated from the mortgage financing function, which involves the issuance and trading of the MBS in the secondary market
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Which of the following statements is true?
A. The World Trade Organization tries to determine who to blame in
trade disputes.
B. The World Trade Organization is only concerned with trade among
industrialized countries.
C. The World Trade Organization tries to improve trading prospects
for developing countries.
D. The World Trade Organization eventually resolves all trade
disputes successfully
SUBMIT
Answers
Answer:
C. The World Trade Organization tries to improve trading prospects
The World Trade Organization tries to improve trading prospects out of the following statements is true. The correct option is C. When countries agree to open their markets for products or services in the WTO, their commitments are "bound."
What value does the WTO bring to developing countries?The WTO accords contain various provisions that grant developing and least-developed countries unique rights or extra leniency – "special and differential treatment." Among these are provisions that allow developed countries to treat developing countries more favorably than other WTO members.
The World Trade Organization runs the global trade rules system and assists developing countries in increasing their trade capability. It also provides a venue for its members to negotiate trade agreements and resolve trade disputes with one another.
Thus, the ideal selection is option C.
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.A manufacturing business has purchases of raw materials of $4,500, closing inventory of $1,400 and opening inventory of $800. What is the cost of raw materials used in production?
Answers
Answer:
Cost of raw materials used = $5,100
Explanation:
Given:
Purchases of raw materials = $4,500
Closing inventory = $1,400
Opening inventory = $800
Find:
Cost of raw materials used
Computation:
Cost of raw materials used = Opening inventory + Purchases of raw materials - Closing inventory
Cost of raw materials used = 1,400 + 4,500 - 800
Cost of raw materials used = $5,100
freeze ice creams has total assets of $591,600, current liabilities of $49,700, dividends paid of $12,000, net sales of $68,400, and net income of $55,400. assume that all costs, assets, and current liabilities change spontaneously with sales. the tax rate and dividend payout ratios remain constant. if the firm's managers project a firm growth rate of 6 percent for next year, what will be the amount of external financing needed to support this level of growth? assume the firm is currently operating at full capacity.
Answers
To achieve a 6% growth rate, the equity multiplier (or leverage) must increase.
What will be the amount of external financing needed to support this level of growth?To calculate the amount of external financing needed to support a growth rate of 6%, we can use the DuPont Model, which breaks down a firm's return on equity (ROE) into three components: net profit margin, asset turnover, and equity multiplier.First, calculate the ROE for this year:ROE = (net income / shareholders' equity)Equity of shareholders is equal to total assets minus current liabilities.ROE = (55,400 / (591,600 - 49,700)) = 0.11 or 11%Next, calculate the growth rate using the DuPont Model:ROE = (net profit margin) x (asset turnover) x (equity multiplier)Net profit margin is equal to (Net Income / Net Sales).asset turnover = (net sales / total assets)equity multiplier = (total assets / shareholders' equity)Given that the tax rate and dividend payout ratios are constant, we can assume that net profit margin and asset turnover will stay constant as well.Therefore, to achieve a 6% growth rate, the equity multiplier (or leverage) must increase.external financing needed = (equity multiplier * shareholders' equity) - total assetsBy using the above formula, we can calculate the amount of external financing needed.To learn more about financial need refer:
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To achieve a 6% growth rate, the equity multiplier (or leverage) must increase.
What will be the amount of external financing needed to support this level of growth?
To calculate the amount of external financing needed to support a growth rate of 6%, we can use the DuPont Model, which breaks down a firm's return on equity (ROE) into three components: net profit margin, asset turnover, and equity multiplier.
First, calculate the ROE for this year:
ROE = (net income / shareholders' equity)
Equity of shareholders is equal to total assets minus current liabilities.
ROE = (55,400 / (591,600 - 49,700)) = 0.11 or 11%
Next, calculate the growth rate using the DuPont Model:
ROE = (net profit margin) x (asset turnover) x (equity multiplier)
Net profit margin is equal to (Net Income / Net Sales).
asset turnover = (net sales / total assets)
equity multiplier = (total assets / shareholders' equity)
Given that the tax rate and dividend payout ratios are constant, we can assume that net profit margin and asset turnover will stay constant as well. Therefore, to achieve a 6% growth rate, the equity multiplier (or leverage) must increase external financing needed = (equity multiplier * shareholders' equity) - total assets
By using the above formula, we can calculate the amount of external financing needed.
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A large retail advertiser with more than 5,000 products wants to upsell to consumers who have purchased products on its website. The retailer needs to reach customers who viewed products on the website and did NOT purchase any product. The retailer wants to dynamically retarget this audience. Which objective should be selected when setting up this campaign & why?
Answers
Answer: Catalog sales
Explanation:
Based on the information given, the objective that should be selected when setting up this campaign is catalog sales.
Catalog sakes refers to the sales technique that is used by businesses whereby several items are grouped together together in the online store, and the consumers then buys directly online by using the information that were provided in the catalog.
This can be used to upsell to the consumers who have purchased products on its website.
When given an Income Statement, Balance Sheet, and Cash Flow Statement, how would you calculate the following in excel:
DuPont Analysis. Break down your company’s Return on Equity, ROE, into the 3-part DuPont Equation for each year. Comment on what factors caused changes in your company’s ROE over the time period.
Answers
To calculate the DuPont Analysis and break down a company's Return on Equity (ROE) into the three-part DuPont Equation in Excel, you need to analyze the company's Income Statement, Balance Sheet, and Cash Flow Statement. The three components of the DuPont Equation are Profit Margin, Asset Turnover, and Equity Multiplier. Analyzing changes in each component over time can help identify factors influencing the company's ROE.
To perform DuPont Analysis in Excel, follow these steps:
Retrieve the necessary financial statements, including the Income Statement, Balance Sheet, and Cash Flow Statement, for each year of analysis. Calculate the Profit Margin by dividing Net Income by Total Revenue. This ratio measures how efficiently the company generates profits from its sales.
Calculate the Asset Turnover by dividing Total Revenue by Average Total Assets. This ratio indicates how effectively the company utilizes its assets to generate sales. Calculate the Equity Multiplier by dividing Average Total Assets by Average Shareholders' Equity. This ratio shows the leverage or financial structure of the company.
Calculate the ROE by multiplying the Profit Margin, Asset Turnover, and Equity Multiplier. The formula for ROE is: ROE = Profit Margin x Asset Turnover x Equity Multiplier.
By analyzing changes in each component of the DuPont Equation over time, you can identify factors influencing the company's ROE. For example, an increase in Profit Margin may indicate improved cost management or pricing strategies. An increase in Asset Turnover may suggest increased efficiency in utilizing assets. Changes in the Equity Multiplier can be influenced by factors such as debt financing or stock buybacks.
In conclusion, DuPont Analysis allows for a comprehensive breakdown of a company's ROE by analyzing the Profit Margin, Asset Turnover, and Equity Multiplier. Examining changes in these components over time can provide insights into the factors impacting the company's ROE, including profitability, asset utilization, and financial leverage.
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Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the section.
Match the item with the section of the marketing plan it belongs in.
To match the items, click the item, and then click the section.
The amount you plan to spend on each promotional strategy.
Marketing message
The number of sales you plan to have in the next year.
Product description
Strengths and weaknesses of other companies that provide similar products.
Other marketing goals
The message about your product's benefits that you plan to convey to your target market.
Budget
The percentage of customers who say they are highly satisfied in your customer profile survey.
Competition
The qualities you want to have people associate with your product.
Pricing
A list of the product's features.
Market research
How the cost of your product will support your brand image and marketing message.
Brand image goals
A description of general economic trends and how they are likely to affect the target market.
Promotional strategies
Ways you will communicate with your target market.
Financial goals
Answers
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.
Explanation:
1. Budget: The amount you plan to spend on each promotional strategy.
2. Financial goals: The number of sales you plan to have in the next year.
3. Competition: Strengths and weaknesses of other companies that provide similar products.
4. Marketing message: The message about your product's benefits that you plan to convey to your target market.
5. Other marketing goals: The percentage of customers who say they are highly satisfied in your customer profile survey.
6. Brand image goals: The qualities you want to have people associate with your product.
7. Product description: A list of the product's features.
8. Pricing: How the cost of your product will support your brand image and marketing message.
9. Market research: A description of general economic trends and how they are likely to affect the target market.
10. Promotional strategies: Ways you will communicate with your target market.
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.Explanation:
Please help. Atleast the top 2
Answers
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
In general, how do federal laws protect employee benefits?
Answers
Answer: They make sure employees get fair pay.
Explanation: Brainliest please
List the sourcesvof obtaining inform related to foriegn employment ..
Answers
Answer:
not having any idea.........
Explanation:
⚘ Correction :List the sources of obtaining information related to foreign employment.⚘ Answer :Different sources of information are available for foreign employment. The institutions and individuals involved in foreign employment - related work and their web sites and training institutions and their publications provide information on foreign employment. Some of the sources of obtaining information related to foreign employment are mentioned below with description :
✎ Noticeboards : Manpower companies put vacancy announcement notice on the noticeboards as demanded by foreign employers. The following details are included in the demand paper and the same are stated in the notice.
Name of a countryName of companyNumber of vacancyMinimum qualificationMonthly salaryContract periodFacilitiesRequired skills✎ Booklets : Information can be obtained from booklets published by concerned authorities and institutions. Required skills , qualification , training , ability , post etc. are published in the booklets.
✎ Institutions or individuals involved in foreign employment : Foreign employment may directly contact the government offices to demand required workers. Therefore , we can contact such offices to obtain information.
✎ Publication of training institutions : Publications of training institutions , which provide employment - oriented training can be reliable sources of information for foreign employment.
✎ Web sites : Web sites of employers are reliable sources of information for foreign employment. Interested candidates can apply for the job through the Internet or web sites. Physical contact is not necessary for selection procedures.
✎ Newspapers and magazines : Newspapers are very popular means of communication. They are published daily , weekly , fortnightly and monthly basis. Notices on foreign employment are published in such newspapers and magazines. Clear details are included in the notices .
✎ Radio , F.M and Television : Radio , F.M and television disseminate information immediately to public. These are very popular and important means of communication. They broadcast different entertaining programmes , news , information etc. They also broadcast information on foreign employment.
✎ Public relation : Public relation is another source of information on foreign employment. We can obtain information through individuals , symposiums , meetings , interaction programmes etc.
Hope I helped !
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Uppose the Sunglasses Hut Company has a profit function given by P(q) = -0. 01q² + 69 – 33, where q is the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing a pairs of sunglasses. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer. ) Answer: MP(q) = B) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, round your answer to three decimal places. )
Answers
A) The simplified expression for the marginal profit function is MP(q) = -0.02q + 69.
B) To maximize profits, the company should sell approximately 1,750 pairs of sunglasses (in thousands).
A) The marginal profit function represents the rate of change of profit with respect to the quantity sold. To find it, we differentiate the profit function P(q) with respect to q. Taking the derivative of P(q) = -0.01q² + 69q - 33, we get MP(q) = -0.02q + 69.
B) To maximize profits, we need to find the value of q that corresponds to the maximum point on the profit function. This can be determined by finding the vertex of the quadratic function -0.01q² + 69q - 33. The vertex occurs at q = -b/2a, where a = -0.01 and b = 69. Plugging these values into the formula, we find q ≈ 1,750 pairs of sunglasses.
Learn more about maximizing profits here: brainly.com/question/31852625
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When using credit, the purchase amount becomes what once the payment agreement is made?.
Answers
Explanation:
Credit allows for purchases without cash. Credit agreements are not legally binding. Credit is free.