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
n200080 [17]
3 years ago
6

Caroline is conducting a share point analysis for Bloomingdale's. First, she estimates total industry sales by compiling a list

of all department stores and their sales for the previous year. Next, she estimates Bloomingdale's market share within the industry. To find the value of one share pont, Caroline must do which of the following? (A) Devide Bloomingdale's sales by total industry sales.(B) Compute gross margin per sales point(C) Estimate total industry marketing expanse.(D) Devide total industy sales by 100.(E) Compute the revenues for Bloomingdale's.
Business
1 answer:
Pepsi [2]3 years ago
3 0

The correct answer is B) Compute gross margin per sales point.

Caroline is conducting a share point analysis for Bloomingdale's. First, she estimates total industry sales by compiling a list of all department stores and their sales for the previous year. Next, she estimates Bloomingdale's market share within the industry. To find the value of one share point, Caroline must <em>compute the gross margin per sales point.</em>

Gross margin is part of the income statement that firms or industries need to elaborate every year. This metric indicates a detailed description of a company's revenues, expenses, and profit. When preparing a budget, gross margin defines the limits a company must take into account. That is why Caroline must pay close attention to the calculation and computing.

You might be interested in
A good _____ for aggression may be the number of times one rat bites another rat.a) correlationb) replicationc) operational defi
Sloan [31]

Answer: the correct answer is c) operatonal definition

Explanation:

A good <u>operational definition</u> for aggression may be the number of times one rat bites another rat.

Operational Definition is a statement of the procedures or ways in which a researcher is going to measure behaviors or qualities.  

4 0
3 years ago
In Sheridan Company, the Cutting Department had beginning work in process of 9000 units, transferred out 24600 units, and had an
Tom [10]

Answer:

The 21,100 units were started through company during the month

Explanation:

The number of units were started through company during the month is computed as:

Number of units were started = Transferred out units - Ending work in progress units

where

Transferred out units is 24,600

Ending work in progress units is 3,500

Putting the values above:

Number of units were started = 24,600 - 3,500

= 21,100

Therefore, 21,1600 units were started through company during the month.

Note: The beginning work in progress will be considered as number of units in started is computing.

4 0
3 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
Katen [24]

Answer:

nothing to be carried forward to next year $7,000 deductible this year;

Explanation:

Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.

8 0
3 years ago
Georgia Products Inc. completed and transferred 163,000 particle board units of production from the Pressing Department. There w
Lerok [7]

Answer:

Pressing Department. Round "cost per equivalent unit" answers to the nearest cent.

a. Total conversion cost $

b. Conversion cost per equivalent unit $

c. Direct materials cost per equivalent unit $

a. Total conversion cost                     252.900

b. Conversion cost per equivalent unit  0.61

c. Direct materials cost per equivalent unit  3.20

Explanation:

Solution

a. Total conversion cost                     252.900

b. Conversion cost per equivalent unit  0.61

c. Direct materials cost per equivalent unit  3.20

Statement of Equivalent Units(Weighted average)

Material Conversion cost

Units   Complete         % Equivalent units Complete % Equivalent units

Transferred out     163.000 100%    163,000 100%             163,000

Ending WIP               14,000 100%     14,000 40%                  5,600

Total                     177,000 Total    177,000 Total             168.600

.

Cost per Equivalent Units (Weighted average)

COST                              Material Conversion cost TOTAL

Beginning WIP Inventory Cost    $ 0

Cost incurred during period  628.350         252.900        881.250

Total Cost to be accounted for    566,100         102,900       669,000

Total Equivalent Units             177,000          168.600

Cost per Equivalent Units      3.20                 0.61             3.81

3 0
2 years ago
Explain how market research is different than marketing.
Elenna [48]

Answer:

Although both involve consumers, Marketing research is concerned specifically about marketing processes, such as advertising effectiveness and salesforce effectiveness, while market research is concerned specifically with markets and distribution.

Explanation:

6 0
2 years ago
Other questions:
  • Tami Strand’s regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a J
    7·1 answer
  • PLEASE HELP. Choose from one of the five (5) workplace skills listed below. Then explain why an employer might be more willing t
    6·1 answer
  • Your recently widowed grandma says, “i feel granddaddy's presence all the time. he's actually guiding me to do the right thing.”
    9·1 answer
  • Rent and maintenance expenses would most likely be allocated based on: Select one: a. Sales volume by department. b. Square feet
    15·1 answer
  • After an intensive research and development effort, two methods for producing playing cards have been identified by the Turner C
    8·1 answer
  • Ply-Disc makes Frisbee-type plastic discs. Each 12 inch diameter plastic disc has the following manufacturing costs
    9·1 answer
  • ABC uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retai
    13·1 answer
  • The state of Florida is known to produce oranges more than majority of the other states, so Florida has a(n) __________ in orang
    7·1 answer
  • When price increases, quantity supplied
    5·1 answer
  • kyle told his marketing team that the company's website needed to be updated because the bounce rate was more than 65%. what is
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!