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4 years ago

How do we provide Every day low price to our customers

Business

2 answers:

Anarel [89]4 years ago

8 0

Answer: operations management

Explanation: Having everyday low prices has to come from a businesses strategic planning

There's a lot of factors that a business needs to consider like there suppliers, cost of raw materials, methods of production and cost of Labour and so on

So if a business implements a proper operations management system it will not only be cheap but it will be cheaper than your competitors

grin007 [14]4 years ago

6 0

Answer:

Every day low price is a pricing strategy that is used by some retail stores that provide low prices to the customers every day without any special pricing discount, sale, comparison shopping.

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Boyle Company makes fine jewelry that it sells to department stores throughout the United States. Boyle is trying to decide whic

Ksivusya [100]

Answer:

Explanation:

Fixed Costs of Bracelet A

Advertising Costs 5,000$

Annual depreciation 5,000$

Total Fixed Costs 10,000$

Fixed Costs for Bracelet B

Advertising Costs 3,000

Annual depreciation 4,000

Total Fixed Costs $ 7,000

Variable Costs for Bracelet A

Cost of Materials per unit $ 10

Cost of labor per unit $ 15

Total Variable Costs per unit $25

Variable Costs for Bracelet B

Cost of Materials per unit $20

Cost of labor per unit $15

Total Variable Costs per unit $35

c) Avoidable costs

Avoidable Costs Bracelet A

Cost of Materials per unit $10

Cost of labor per unit $ 15

Avoidable Costs Bracelet B

Cost of Materials per unit $20

Cost of labor per unit $15

7 0

3 years ago

Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i

Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales - $368,500

Installation Fee - $19,250

Total Income - $387,750

less cost of sales - $320,000

Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee). The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months. Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

7 0

3 years ago

How do cellphone companies promote their product?

lord [1]

Answer:

they promote there company by advertising the product making commercial

7 0

3 years ago

Read 2 more answers

You are about to leave your shift as a security guard in a retail store, when you notice someone outside tapping on the store wi

Ahat [919]

Since the store is already close-- there's no point of having the employee to come in because as a security guard, it is best to protect the store and having to protect it in a way that a person shouldn't be let in when it is already closed even if the person looks like someone who is working in the store. If the employee has some excuses as to why he or she wants to come in, it best to respond in a way that he or she should come back when the store opens or during his or her shift.

3 0

3 years ago

You believe you must withdraw $12,000 per month during retirement. You plan to be retired for 30 years. Assuming your money will

jek_recluse [69]

Answer:

$2,385,086

Explanation:

To answer this question, we need to use the present value of an ordinary annuity formula:

$PV = A ((1-(1+i)^{-n} )/i)$

Where:

A = Value of the annuity
i = interest rate
n = number of compounding periods

Because the interest rate is annual, it is convenient to convert it to a monthly rate.

4.5% annual rate = 0.37% monthly rate.

The number of compounding periods will be = 12 months x 30 years

= 360 months

Now, we simply plug the amounts into the formula:

$X = $12,000((1-(1 + 0.0037)^{-360} )/0.0037)$

$X = $2,385,086$

You will need to have saved $2,385,086 if you plan to retire under the aforementioned circumstances.

7 0

3 years ago