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Alex_Xolod [135]
4 years ago
9

Leon’s goal was to save $100 in a year, but he saved $120. What percent of his goal did he reach?

Business
2 answers:
GuDViN [60]4 years ago
6 0
He reached his goall by 120%
Rufina [12.5K]4 years ago
3 0
His goal was 100$ (which is therefore 100% of his goal, or 1). and 120/100=1.2. To convert a decimal into a percentage, you multiply it by 100 - 1.2*100=120%
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List three causes of a favorable direct materials price variance. ​(Select three possible​ answers.)
ankoles [38]

Answer:

A, B , and E

Explanation:

<u>A. Budgeted purchase prices were set without careful analysis of the market</u>

Budgets are prepared using estimated prices.  As much as possible, the budget prices should be the same as market prices.  It may happen that during price estimation, some aspects could have been ignored, leading to incorrect purchase prices. It could be possible that the budget prices are overstated. In such a scenario, there would be a favorable price variance to the business.

<u />

<u>B. Materials prices decreased unexpectedly due to industry oversupply</u>

The supply and demand forces determine the prices of raw materials. Low supply will lead to an increase in price as many buyers chase few goods. Constant demand and supply create stable prices. A sudden increase in supply will lead to reduced prices, which will cause favorable variances to the business.

<u>E. The materials purchasing officer negotiated more skillfully than was planned in the budget.</u>

The purchasing manager does the actual buying in any organization. Should the manager be a skilled negotiator, the business stands a better chance of buying goods at low prices. In this case, the purchasing manager negotiated for better prices. The results will be a positive price variance for the company.

6 0
3 years ago
(a) Write down 5 projects you think will lend themselves well to a Cost Benefit Analysis. Include for each of them, reasons as t
kati45 [8]

Answer:

A)

Food chain project, Tech startup, Road construction , expansion of clothing line, construction of dams

B)

Investment in stocks,  National economic planning , Railway construction , Employee housing,  Investment in Insurance

C)  The food chain project

D) Investment in stocks

Explanation:

A) 5 projects that will lend themselves well to a cost benefit analysis

  • Food chain project ; A food chain project can lend itself properly to cost benefit analysis, The owner or Financier of the project can estimate  the exact costs to be incurred in adding various delicacies to the Food chain project and he can also evaluate the revenue that each delicacy can generate at a given time based on the demand hence cost benefit analysis can be applied here
  • A tech startup : A tech startup can effectively implement cost benefit analysis by evaluating the cost of employing programmers based on their input and the revenue expected to be generated from the Tech startup products.
  • Road construction project : A road construction project is usually broken down into different project phases and this phases help the project coordinator to have an overview of the cost benefit of the project.
  • Expansion of a clothing line : In The expansion of a clothing line Cost Benefit Analysis can be applied, I.e. the cost of setting up clothing stores in various regions will be calculated first and then the expected profits from those outlets can be determine within a  period
  • construction of dams : The cost benefit analysis will compare the cost of building and the benefit / revenue to be generated in the long run

B)  5 projects that do not lend themselves to cost benefit analysis

  • Investment in stocks : The cost benefit analysis cannot be properly carried out in this can of project because some uncertainties associated with stocks
  • National economic planning project; Cost benefit analysis can not be properly implemented her because the sole aim of National economic planning is to sustain the economy and some uncertainties can erupt which was not included in the economic plan
  • Railway project : Due to the terrain of some areas the exact cost benefit analysis can not be properly implemented and also the scope of railway construction is broad in general.
  • Employee housing project : Cost benefit analysis cannot be implemented here because the housing project does not benefit the company that owns the building but just the employees
  • Investment in Insurance : The cost benefit analysis can not be properly implemented due to the uncertainties that life brings

C) In part A The best project for me  is

<em>The food chain project</em> and this is due to is simplicity in analysis via the cost benefit analysis

D) In part B the Least project for me is

<em>Investment in stocks </em>and this is due to the Volatility and uncertainty surrounding stock investment and trading

5 0
3 years ago
Todd haitz is the marketing manager for the national basketball association. todd analyzes and tracks his marketing campaigns to
Rama09 [41]

Answer:

c. marketing campaign roi

Explanation:

KPI stands for Key Performance Indicator, which means the way you are going to measure success or failure of something. ROI means return on investment. Since Todd is measuring how much ticket sales increase <em>compared to</em> how much he spends on ads, the KPI for this campaign is the return on investment.

7 0
4 years ago
Which of the following was the most recent group to invade northern lndia?
Julli [10]
Babur, 1520. Look it up 
3 0
3 years ago
The way that Nederlander's Audience Rewards program works is that patrons and new customers get free membership and are entered
Harrizon [31]

Answer:

B. Frequent-user incentives

Explanation:

Consumer sales promotion refers to the techniques that are adopted by the marketing team of the company to fascinate and excite the customers to buy the products. Customer incentive programs are one of the methods of sales promotion. In this method, the customers are provided with additional benefits via redeeming the points they collect when they purchase the products. This method also helps in maintaining customers by offering such incentives to them.

In the given excerpt, Nederlander's audience rewards program is an example of a frequent-user incentive method of consumer sales promotion.

6 0
4 years ago
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