Answer:
COGS= $81,146.88
Explanation:
Giving the following information:
Your company has sales of $93,600 this year and the cost of goods sold of $64,700. You forecast sales to increase to $ 117, 400 next year.
First, we need to calculate the percentual participation of cost of goods sold:
%COGS= 64,700/93,600= 0.6912= 69.12%
<u>Now, using the same percentage, we calculate the cost of goods sold for the estimated new sales:</u>
COGS= 117,400*0.6912= $81,146.88
Find the gross profit fro the sale of the television:
Gross profit = Sales - Cost of goods sold
Gross profit = $1,600 - $225
Gross profit = $1,375
The gross profit of a sale is the profit from sales minus the cost it took to produce/complete the item or service.
Answer:
e. describes "where we are going" by delineating the course and direction management has charted for the company's future product-customer-market-technology focus.
Explanation:
The vision is how the company will shape the future. How is going to be in term of culture, place in the market and consumer view of the brand.
It is the idealistic foundation of the firm. Is the goal as pure as it can be.
Later, with mision and objective it will break down into smaller part to reach that greater the vision entails
Answer:
Elasticity
Explanation:
Elasticity of supply is a measure of the way suppliers respond to a change in price.
Good Luck!
