Answer:
$9,3
Explanation:
COST RETAIL RATIO
Inventory, May 1 $10,440 $14,500 .72
Purchases 31,550 42,900
Freight-in 2,000
Purchase discounts
(250)
Net markups 3,400
Net markdowns (1,300)
Totals excluding beginning inventory
33,300 45,000 .74
Goods available $43,740 59,500
Sales (46,500)
Inventory, May 31 $13,000
Estimated inventory, May 31
($13,000 × .72) $ 9,360
Answer:
Explanation:
Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.
In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.
However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.
The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.
Answer:
It decreases.
Explanation:
If the absolute value of price elasticity of demand is less than one, it means that demand is inelastic.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
If the pizza hut reduces its price, there would be little or no change in quantity demanded. As a result, revenue would fall.
If demand were elastic, a reduction in price would lead to an increase in the quantity of pizza demanded and revenue would increase.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
I hope my answer helps you
Answer:
Worthy Ships:
Treasury Stock account balance would be $80,000.
Explanation:
Treasury Stock account is a contra account to the Common Stock account. Using the cost method, the account will have a debit entry and balance of $400,000 in 2023. In 2024, with the resale of shares, the account will have a credit entry of $320,000. This would bring the balance to $80,000 at the end of 2024.
Answer:
B) Using business intelligence to spot significant data that will increase sales
Explanation:
Business intelligence refers to technologies that analyzes big data and obtains useful information from it. That information is then used by the company to help in their decision making processes. optimize their business processes, discover any problems, improve efficiency, increase revenues and ultimately develop comparative advantages and core competencies over their competitors.
