Answer:
A. to the company's system of internal controls.
Explanation:
The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.
Answer:
Contribution per unit of Bran X = 51 cents
Contribution margin: 51 / 69 = 73.91%
Explanation:
<em>Retail price: 1.20</em>
retail margin of 35% --> thus the cost of good is 1.20 x ( 1 - 0.35) = 0.78
At this price the wholesalers trade to grosery store and others
wholesales margin 11.5% --> the price at which Alger sales the product to wholesalers:
0.78 x (1- 0.115) =<em> 0.6903 producer selling price</em>
Now from this, Horatio has the following variable cost:
variable manufacturing cost: 0.08
shipping and other cost: 0.03
sales persons 10% commision 0.06903
Total variable cost: 0.17903
Contribution per product: .6903 - 0.17903 = 0.51127 = 51 cents
Always credits.
Have a great day! :D
Answer: harvesting
Explanation: A harvest strategy is a business plan for either canceling or reducing a product's advertising expenditure. The management decides that improving revenue would expense too much.
In other words, when contemplating likely future sales from the drug, they could not justify the expense.When a commodity has arrived at the end of its life cycle, marketing managers pick a good harvesting approach. They target at generating the maximum return from whatever sales scope is left.
Thus, from the above we can conclude that the correct option is E.
