1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
finlep [7]
3 years ago
5

Explain why it is important for Costco’s corporate accounting, marketing, and operations management business units to access and

analyze information about your store’s sales. What could happen if your store sales were not shared with the different business units at Costco’s headquarters?
Business
1 answer:
Dafna1 [17]3 years ago
8 0

Answer:

Every Business Unit in Costco needs to have access to the Data

Explanation:

Costco Wholesale Company runs a network of customers-only retail stores, doing business as Costco, an American multinational company.

The details must be available to each business unit in Costco.

For example, The accounting department needs to know the buy-and-sell information. To order to make good use of this commodity in its marketing strategy, the marketing professionals need to learn the quality of a particular product.

To insure the inventory management is completed, an operations manager must have access to the data.

You might be interested in
Apr. 2 Purchased $6,900 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shippin
ziro4ka [17]

Answer:

Apr. 2

Merchandise $6,900 (debit)

Accounts Payable : Lyon Company $6,900 (credit)

<em>Purchased Merchandise from Lyon Company on credit</em>

April 3.

Accounts Payable : Lyon Company $390 (debit)

Cash $390 (credit)

<em>Payment of Freight Charges Include in Invoice (FOB)</em>

April 4.

Accounts Payable : Lyon Company $500 (debit)

Merchandise $500 (credit)

<em>Returned Merchandise to Lyon Company</em>

April 17.

Accounts Payable : Lyon Company $6,010 (debit)

Discount Received $120 (credit)

Cash $5,890 (credit)

<em>Payment of amount due to Lyon Company and discount received</em>

April 18.

Merchandise $13,100  (debit)

Accounts Payable: Frist Corp $13,100  (credit)

<em>Purchased Merchandise on credit from Frist Corp</em>

April 2.

Accounts Payable: Frist Corp $400  (debit)

Purchase allowance $400 (credit)

<em>Received and allowance from Frist Corp</em>

April 28.

Accounts Payable: Frist Corp $12,700 (debit)

Discount Received $127 (credit)

Cash $12,573 (credit)

<em>Payment of amount due to Frist Corp and discount received</em>

Explanation:

See the journals and their narrations prepared above.

7 0
3 years ago
Find the expected return for Jackson Corporation. Round to the nearset hundredth percent. Answer in the percent format. Do not i
Maksim231197 [3]

Question:

Jackson Corporation has expected return of 12% during recession, 20% during normal, and 40% during boom state of economy. Probability of recession, normal and boom states of economy is 0.25, 0.50, and 0.25 respectively. Find the expected return for Jackson Corporation. Round to the nearset hundredth percent. Answer in the percent format. Do not include % sign in your answer (i.e. If your answer is 4.33%, type 4.33 without a % sign at the end.)

Answer:

23.00

Explanation:

Given:

For Jackson Corporation:

Expected return during recession = 12%

Expected return during normal = 20%

Expected return during boom = 40%

For Economy:

Probability of recession = 0.25

Probability of normal = 0.50

Probability of boom = 0.25

Required:

Find the expected return for Jackson Corporation.

To find expected return, use the expression below:

Expected return = (Probability of Recession * Returns at Recession) + (Probability of Normal * Returns at Normal) + (Probability of Boom * Returns at Boom)

Using the expression above, expected return for Jackson corporation will be calculated as:

Expected return = (25×12%)+(0.50×20%)+(0.25×40%)

= 3 + 10 + 10

= 23%

Expected return for Jackson corporation is 23.00

5 0
4 years ago
Which of the following is NOT a goal of operations management? (A) Understanding the drivers of customer utility (B) Match suppl
rodikova [14]

Answer:

The answer is A.

Explanation:

Operations management involves all activities which produce and deliver goods and services. Operation is a core function in any organization.

The primary objective of operations management is to make use of the organizational resources to generate or produce goods and services.

All options except option A(Understanding the drivers of customer utility) are goals of operation management

8 0
4 years ago
To decide where to place the first digit in the quotient ,you can estimate or use_
Alla [95]
Benchmarks!!!!!!!!!!

8 0
4 years ago
Read 2 more answers
Assume that an investor purchased a put option on BP with an exercise price of $1.900 for $0.0215 per unit. There are 31,250 uni
vladimir1956 [14]

Answer:

a. $203.125

Explanation:

Calculation to determine the net profit/loss on this option to the investor

Net profit/loss=((1.900 - 1.885) - 0.0215)(31,250)

Net profit/loss=(0.015-0.0215)*31,250

Net profit/loss=0.0065*31,250

Net profit/loss=$203.125

Therefore the net profit/loss on this option to the investor will be $203.125

8 0
3 years ago
Other questions:
  • You are considering purchasing the Zions Bank $4.50 preferred stock. If you require a 4% return on this investment, what should
    5·1 answer
  • The market for corn in country A is highly competitive. At the current market price of​ $5/bushel there is a shortage of​ 100,00
    12·1 answer
  • Unsystematic risk:
    15·2 answers
  • LO 5.2What is the cost of direct labor if the conversion costs are $330,000 and manufacturing overhead is $275,000?
    12·1 answer
  • REI has a 100% satisfaction guarantee on its items. It allows customers to return products up to one year after purchase. This i
    8·1 answer
  • Which describes the role of automatic stabilizers in the economy?
    14·1 answer
  • On January 15, 2021, Vancey Company paid property taxes on its factory building for the calendar year 2021 in the amount of $1,0
    12·1 answer
  • Use straight line (SL) depreciation to determine a. annual depreciation charge (5 points) and b. annual book values for the life
    13·1 answer
  • On January 1, 2018, the Highlands Company began construction on a new manufacturing facility for its own use. The building was c
    10·1 answer
  • progressive taxes operate on the assumption that those with _____ can afford to contribute a higher percentage of their income i
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!