Answer:
Fashion industry is very dynamic. The reason for low sales is due to change is customer preference for certain type of clothing.
Explanation:
As a brand manager, we need to understand markets trends and then analyse sales. The main reason for constant low sales is mainly due to change in fashion sense of customer. There can be some seasonal effect which cause decline in sales. Normally gents wear t.shirts and formal shirts because they are office going people. They will require formal suiting which will make them feel gentlemen and decent clothing. They will require consistent quality products and if there is any issue with the cloth stuff, they will move to another brand.
Answer:
The correct answer is letter "C": Leading.
Explanation:
Leading is the activity individuals engage in any aspect, in any field, when they naturally take responsibility for managing a group of people to achieve a collective goal helping each member of the team reach their personal objectives. Leaders tend to set an example that attracts subordinates. In return, leaders give appraisal to their followers after every little piece of work is done effectively.
Answer:
$12,000
Explanation:
Given the above information, we will apply the formula below:
The ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid
$90,000 = $65,000 + $37,000 - Dividend paid
Dividend paid = $65,000 + $37,000 - $90,000
Dividend paid = $12,000
Therefore, the above balance of $12,000 would be displayed in the retained earnings statment
Answer:
Roper Spring Water should not buy the machine, since it produces a negative net present.
Explanation:
Summary of Cash Flows on the Machine are as follows :
Year 0 = ($230,000)
Year 1 = $55,000
Year 2 = $65,000
Year 3 = $75,000
Year 4 = $75,000
Interest rate = 7%
Using the CFj Function of the Financial calculator this will be computed as :
($230,000) CF j 0
$55,000 CF j 1
$65,000 CF j 2
$75,000 CF j 3
$75,000 CF j 4
i/yr = 7%
Therefore Net Present Value is - $3,385.13
Since this is a negative Net Present Value, Roper Spring Water should not buy the machine.
Answer:
$17.80 per labor-hour
Explanation:
Predetermined overhead rate = Budgeted Fixed Overheads ÷ Budgeted Activity
= $961,200 ÷ 54,000 labor-hours
= $17.80 per labor-hour
Predetermined overhead rate for the recently completed year is $17.80 per labor-hour.
