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3 years ago

Strategic mgmt the two best reasons for investing company resources in vertical integration (either forward or backward are to

1 answer:

6 0

add materially to a company's technological capabilities, strengthen the company's competitive position, and/or boost its profitability.

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The Framework Company refurbishes antique French purses with silk, satin, and jade trimmings. The bags are its only product. The

zepelin [54]

Answer:

Marketing mix

Explanation:

Note that, Framework's method of product promotion is mentioned; that is promoted through

cooperative advertising with an exclusive distributor and
by word-of-mouth advertising.

Also, mention is made of the price they sell; $875 and the place it is sold; only in Houston and New York.

In harmony with the Marketing mix elements which includes the price, product, promotion and place, Framework's just gave a description of it's Marketing mix.

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3 years ago

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,560,000 Net

Nataliya [291]

Answer:

24.91%

Explanation:

The formula for return on investment is given as;

Net operating income / Average operating assets

= $1,071,160 / $4,300,000

= 24.91%

Therefore, return on investment is 24.91%.

5 0

3 years ago

An investor sells short 200 shares of ABC stock at $5.25 a share. He sells two put contracts (100 shares each) with a striking p

lakkis [162]

Answer:

The solution of the given query is provided below in the explanation segment.

Explanation:

(a)

The diagram according to the given query is attached below.

(b)

Given:

Investor sells,

= 200 shares

at,

= $5.25

Strike price,

= $5

Premium,

= $0.50

If the price is less than $5 is $.75 per share,

The investor's gain will be:

= $200\times 0.75$

= $150$ ($)

(c)

The investor would earn under $5.25 upon expiry, as longer as the spot price becomes less.

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3 years ago

A company has two products: standard and deluxe. The company expects to produce 43,681 Standard units and 39,390 Deluxe units. I

Ad libitum [116K]

Answer:

The following information was missing, so I looked it up:

Direct materials for standard units = $6,940 / 43,681 units = $0.1589
Direct labor for standard units = $7,738 / 43,681 units = $0.1771

Budgeted OC Standard Deluxe

Purchasing $93,000 2,500 5,250

cost per purchase $12 $30,000 $63,000

Designing $92,000 4,500 5,500

cost per design $9.20 $41,400 $50,600

Shipping $87,000 3,000 2,800

cost per order $15 $45,000 $42,000

Job cost sheet for standard units

Cost per unit Total costs (43,681 units)

Direct materials per unit $0.1587 $6,940

Direct labor per unit $0.1770 $7,738

Purchase costs $0.6866 $30,000

Design costs $0.9476 $41,400

Shipping costs $1.0301 $45,000

Total $3 $131,078

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3 years ago

At the end of the current year, using the aging of receivable method, management estimated that $18,000 of the accounts receivab

guapka [62]

Answer:

Dr Bad Debt Expense $18,450

Cr Allowance for Doubtful Accounts

$18,450

Explanation:

Preparation of the appropiate adjusting journal entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad Debt Expense $18,450

Cr Allowance for Doubtful Accounts

$18,450

($18,000+Debit balance$450)

(Being to record estimated bad debts expense)

5 0

3 years ago