Answer:
(b) a loss of $750
Explanation:
Given;
Amount of spice mixture to be purchased = 1500 pounds
Price of spice mixture in 2014 = $5.00 per pound
Changed price of sugar mixture = $4.50 per pound
Now,
The amount to be received on the day of contract in 2014
= Amount of spice mixture to be purchased × Price of spice mixture in 2014
= 1500 × $5.00
= $7,500
and,
The amount to be received in 2015
= Amount of spice mixture to be purchased × Price of spice mixture in 2015
= 1500 × $4.50
= $6,750
The difference in Expected amount and the amount to be received
= $7500 - $6750
= $750
Since the amount to be received is less than the expected amount on the day of contract
Therefore,
a loss will be recognized
Hence,
the correct answer is option (b) a loss of $750
Answer:
B.utilizing its total assets more efficiently than Sam's
Explanation:
Dee's has a fixed asset turnover rate of 1.12 and a total asset turnover rate of 0.91. Sam's has a fixed asset turnover rate of 1.15 and a total asset turnover rate of 0.88. Both companies have similar operations.
Based on this information, although Sam seems to be utilizing its fixed assets more efficiently, <u>Dee's must be doing utilizing its total assets more efficiently than Sam's</u>
<u>The fixed asset turnover ratio is an efficiency ratio that measures a companies return on their investment in property, plant, and equipment by comparing net sales with fixed assets. In other words, it calculates how efficiently a company is a producing sales with its machines and equipment.</u>
Dee's has a total asset turnover rate of 0.91 compared to a total asset turnover rate of 0.88 by Sam. Hence Dee's efficiency is higher.
Answer:
A. Good marketing
Explanation:
Every organization, regardless of the segment or product it sells, must develop a consistent marketing strategy.
A company that sells a product that is the best of its kind on the market, must invest in an effective strategy so that the product is known to consumers, is competitive and correctly distributed. The five p's of marketing can be a good strategy to correctly position the product on the market, as it involves strategic development for the product, price, promotion, place and people.
Wrong in absence of gov. there will be no laws to abide so essentially they can do as they please.<span />
Answer: the correct answer is a. Machine B
Explanation:
Machine A average rate return
40000 out of 300000. It means that 300000 is 100% and $ 40000 is X. We apply a simple three rule:
40000 X X= 4000000/300000
300000 100% X= 13.33%
Machine B average rate return
50000 out of 250000. It means that 250000 is 100% and $ 50000 is X. We apply a simple three rule:
50000 X X= 5000000/250000
250000 100% X= 20%
Machine C average rate return
$75,000 out of $500,000. It means that $500,000 is 1005 and $75,000 is X. We apply a simple three rule
$75,000 X X=7500000/500000
$500,000 100% X= 15%
The highest average is the one onf Machine B
