Answer:
both revenue-oriented and operations-oriented
Explanation:
revenue-oriented pricing can be understood the strategic price level that the producers set to maximize the amount of profit they earn. As it can be seen from the given passage, the company starts noticing more about the earnings, so that they decided to cut down on the discount offering to the customers and set higher price. By that, it can help raise the revenue of the company.
Meanwhile, operations-oriented pricing is price strategy that the company adopts to optimize productive capacity as well as the efficiency of the manufacturing procedure. This is indicated in the actions of expanding fleet of vans and enlarge delivery networks of the company to raise the productivity.
The statement above is true. Forecasting is the utilization of notable information to decide the heading of future patterns. Organizations use estimating to decide how to apportion their financial plans or plan for expected costs for an up and coming timeframe. This is regularly in view of the anticipated interest in the products and ventures they offer.
Answer:
$38,500
Explanation:
Sheridan's ending cash balance can be calculated as;
= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by investing activities
= $5,500 + $30,500 + $13,500 - $11,000
= $38,500
Therefore, the ending cash balance is $38,500
Answer:
Denver Company
Income Tax Expense for the second quarter:
Pre-tax quarter income = $140,000
Estimated tax rate = 24%
Tax Expense = $140,000 x 24%
= $33,600
Explanation:
a) Data:
Quarter income before tax estimated tax rate
first $100k 30%
second $140k 24%
b) Denver's quarter second income tax expense is the product of the pretax income for the second quarter and the estimated income tax rate for the quarter. The resulting calculation shows the estimated income tax expense that has to be settled by Denver. If it is not settled in the quarter second period, it has to be carried forward to the next quarter as a liability under the heading, Income Tax Payable.
Answer:
$6,000
Explanation:
The computation of the expected profit from this investment is shown below:
= Strong profit × Strong percentage + Moderate profit × moderate percentage - recession losses × recession percentage
= $60,000 × 20% + $10,000 × 60% - $60,000 × 20%
= $12,000 + $6,000 - $12,000
= $6,000
By adding the three situations we can get the expected profit from this investment
