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2 years ago

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a(n) ______ strategy.

1 answer:

7 0

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

<h3>What is multinational enterprise?</h3>

Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.

They also involve in production of goods and services.

Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

Learn more on cooperation here

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Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activit

Zina [86]

Answer:

$5,857; $1,105

Explanation:

Cash flows from investing activities:

= Proceeds from sale of property and equipment + Sale of investments - Purchase of property, plant, and equipment

= $6,594 + $134 - $871

= $5,857

Therefore, the net cash provided by the investing activities is $5,857.

Cash flows from Financing activities:

= Borrowings under line of credit (bank) + Proceeds from issuance of stock - Payments to reduce long-term debt - Dividends paid

= $1,417 + $11 - $46 - $277

= $1,105

Therefore, the net cash provided by the investing activities is $1,105.

6 0

3 years ago

The beginning inventory at Midnight Supplies and data on purchases and sales for a three month period ending March 31 are as fol

larisa86 [58]

Answer:

1. Journal Entries

January 1

Dr. Inventory $624,000

Cr. Account Payables $624,000

January 10

Dr. Account Receivables $532,000

Cr. Sales $532,000

January 28

Dr. Account Receivables $175,000

Cr. Sales $175,000

Dr. Cost of Goods Sold $276,400

Cr. Inventory $276,400

January 30

Dr. Cost of Goods Sold $97,500

Cr. Inventory $97,500

February 5

Dr. Account Receivables $70,000

Cr. Sales $70,000

Dr. Cost of Goods Sold $39,000

Cr. Inventory $39,000

February 10

Dr. Inventory $1,360,000

Cr. Account Payable $1,360,000

February 16

Dr. Account Receivables $1,319,500

Cr. Sales $1,319,500

Dr. Cost of Goods Sold $718,100

Cr. Inventory $718,100

February 28

Dr. Account Receivables $1,261,500

Cr. Sales $1,261,500

Dr. Cost of Goods Sold $696,000

Cr. Inventory $696,000

March 5

Dr. Inventory $1,166,880

Cr. Account Payables $1,166,880

March 14

Dr. Account Receivables $1,421,000

Cr. Sales $1,421,000

Dr. Cost of Goods Sold $793,040

Cr. Inventory $793,040

March 25

Dr. Inventory $246,000

Cr. Account Payable $246,000

March 30

Dr. Account Receivables $1,145,500

Cr. Sales $1,145,500

Dr. Cost of Goods Sold $644,640

Cr. Inventory $644,640

* Assuming Purchases and Sales are made on Account

Sales Value = $5,924,500

Opening Inventory = $175,000

Closing Inventory = $307,200

Purchases = $3,396,880

Cost of Goods Sold = $3,264,680

Gross Profit = $2,659,820

As the prices are increasing the Inventory value using last-in, first-out will be lower because all the unit sold at last are sold and inventory of the old items which was purchased on the lower cost remains in the closing inventory. The cost of Goods sold will be higher in this case.

Explanation:

First In First out (FiFO) is an Inventory method which determines the inventory value and it requires that the unit purchased first will be sold first.

Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory

Cost of Goods Sold = $175,000 + $3,396,880 - $307,200 =

Gross Profit = Sales Value - Cost of Goods Sold

Gross Profit = $5,924,500 - $3,264,680

Gross Profit = $2,659,820

Inventory Working is made in a MS Excel File, which is attached with this answer please find it.

Download xlsx

6 0

4 years ago

Risk identification is determining which risks may adversely affect the development of the project work breakdown structure and

Andreyy89

Answer:

The correct answer is False.

Explanation:

The identification of risks and their subsequent management is one of the most important aspects in order to maintain control of a project. This allows the project manager to anticipate those situations that may compromise (or favor) the objectives, and define action plans for them in advance.

The first step in identifying risks is to define what a risk is. A risk is a known situation, which may or may not occur, and that if it occurs, will affect our ability to meet the objectives of the project (if it is negative it will be a risk, and if it is positive, an opportunity). Here it is important to highlight known, if we cannot define the situation we cannot consider it, and also the fact of being able to occur, which implies that the management of a risk will be affected by its probability of occurrence.

The identification of risks is developed during the planning phase, once we have defined the scope, the people involved in the project, the tasks to be carried out, and the schedule. Having these well-defined aspects is important because the risks must be related to a particular task (or group of tasks), and may arise from aspects related to the team or time.

3 0

3 years ago

Business portfolio analysis is defined as the process in which management __________.

Aleks04 [339]

<span>Assesses the attractiveness of an SBU's market and the strength of its position in the market.</span>

6 0

3 years ago

You have just completed a $ 24 comma 000 feasibility study for a new coffee shop in some retail space you own. You bought the sp

ikadub [295]

Answer:

$150,300

Explanation:

The computation of the correct initial cash flow is shown below:

= Capital expenditure + net after taxes + initial investment in inventory

= $33,000 + $112,000 + $5,300

= $150,300

The net after taxes is also term as opportunity cost

And, the initial investment in inventory is also term as change in working capital

All other information which is given is not relevant. Hence, ignored it

6 0

4 years ago