Answer:
Limited decision making
Explanation:
Limited decision making -
It is a consumer decision making process , which is applied , when the consumer purchases some product that is very much familiar to them , but still require more information of the goods or services , in order to make the perfect decision , i.e. , which brand or model is best for them , is referred to as limited decision making.
Hence, from the given scenario of the question,
The correct term is limited decision making.
Answer:
0 660000 loss
Explanation:
Data given in the question
Realized gain = $2,920,000
Operating losses, net of taxes = $3,580,000
By considering the above information, since there is no income arise from continuing operations so it should be zero
And, the discontinued operations, the operating losses is
= Operating losses - realized gain
= $3,580,000 - $2,920,000
= $660,000
Answer:
Newark's cost of sales is A $307,000
Explanation:
Cost of Sales can be determined by using the Missing figure Approach for this question.
Cost of Sales = Sales less Gross Profit
<u>Calculation of Sales figure :</u>
Cash sales, $450,000
Credit sales, $1,350,000
<em>Less</em> Sales returns and allowances, ($90,000)
<em>Less</em> Sales Discounts ($43,000)
Sales $1,667,000
<u>Calculation of Cost of Sales</u>
Thus Cost of Sales = $1,667,000 - $1,360,000 (given)
= $307,000
Answer:
a. Yes, the company was profitable as it is evidence by the positive net profit margin.
b. Yes, increase in asset turnover increases shows that the operating assets generate higher amount of sales than the last year.
Explanation:
a. Net Profit margin is the percentage (%) of the revenue remaining after all the expenses are subtracted from the sales. It states the amount of profit which a business could extract from the aggregate sales.
Yes, the company is profitable in the year 2015 as the business has positive net profit margin and it is also evidenced.
b. Assets turnover ratio is the one which measures the efficiency of the company or the business and its ability to generate the sales from the assets through comparing the net sales with the average aggregate assets.
Yes, the increase (last year it was 1.29, but now it increases from 1.29 to 1.42) states that the operating assets will generate higher amount of sales from the last year.