Answer:
37.00%
Explanation:
The computation of the weighted average contribution margin ratio is shown below:
Particulars Sporting Goods Sports Gear Total
Contribution Margin Ratio 30% 50%
Sales Mix - Weights 65% 35%
Weighted Contribution Margin 19.50% 17.50% 37.00%
We simply multiplied the contribution margin ratio with the sales mix weighted so that the weighted contribution margin ratio could come
<span>Management Type: Market Trumps Functional Trumps Matrix. ...Empower People to Make Decisions. ...Strategic Planning Should Focus on Solutions. ...<span>Build Consensus and A Sense of Ownership Through BPT. ...</span></span>
Answer:
$24,779
Explanation:
In order to calculating the ending inventory using the conventional retail inventory method. we required to do the following computations which are shown below:
Using cost method
Goods available for sale:
= Beginning inventory + Purchases
= $11,700 + $130,016
= $141,716
Using retail method
Ending inventory
= Beginning inventory + Purchases + Net markups - Net markdowns - sales revenue
= $19,700 + $169,800 + $101,00 - $6,800 - $157,900
= $34,900
Now
Cost to retail ratio = $141,716 ÷ ($19,700 + $169,800 + $101,00)
= $141,716 ÷ $199,600
= 0.71
So,
Estimated ending inventory at cost:
= Estimated ending inventory at retail × Cost to retail ratio
= $34,900 × 0.71
= $24,779
Answer:
B) False
Explanation:
Consumers always regard employees as the company's agents. So whenever they do something wrong, their bad behavior is directly associated with the company that they work for. So any bad deed form the employees will be seen as a company's bad deed.
This will hurt both employees and employers, since no employer will want to keep an employee that acts improperly, and at the same time the employer's business will also suffer.