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bulgar [2K]
3 years ago
5

Cosmetics firm SatinSilk is revamping its mission statement and advertising strategy. The CEO stresses that the new mission stat

ement should be market-oriented rather than product-oriented. Which of the following mission statements will best suit the company?
A) to create the best possible products and sell them at the best possible prices
B) to sell hypoallergenic cosmetics products made only from the finest organic ingredients
C) to give customers the complexion they dream about by providing products suited to their needs
D) to become a market leader in every cosmetics product category
E) to increase our market share in the cosmetics segment and increase profit margins
Business
1 answer:
raketka [301]3 years ago
6 0

Answer:

The answer is: C) to give customers the complexion they dream about by providing products suited to their needs

Explanation:

The mission statement states why a company exists and what is its overall goal.

This particular mission statement emphasizes:

  • Why SatinSilk exists: to give customers the complexion they dram about.
  • What is SatinSilk's overall goal:  to provide customers the products that suit their needs.  
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Inventory records for Herb's Chemicals revealed the following:
antiseptic1488 [7]

Answer:

Inventory= $5,040

Explanation:

Giving the following information:

March 1, 2021, inventory: 1,000 gallons @ $7.20 per gallon = $7,200

Purchases:

Mar. 10 600 gals @ $ 7.25

Mar. 16 800 gals @ $ 7.30

Mar. 23 600 gals @ $ 7.35

Sales:

Mar. 5 400 gals

Mar. 14 700 gals

Mar. 20 500 gals

Mar. 26 700 gals

Total units= 3,000

Total sales= 2,300

Ending inventory= 700 units

LIFO (last-in, first-out)

Inventory= 700*7.20= $5,040

8 0
3 years ago
"Columbia Corp.'s required ROI is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. Calcul
rosijanka [135]

Answer: $600,000

Explanation:

From the question, we are informed that Columbia Corp.'s required return on investment is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. The the West Division's operating income goes thus:

Revenue= $6,000,000

Asset turnover = 1

It should be noted that assets turnover is calculated as revenue divided by total assets. This will be:

1 = 6,000,000/total asset

Total asset = 6,000,000/1

= 6,000,000

Since return on investment is 10%,

ROI = Operating income/total assets

10% = operating income/6,000,000

0.1 = operating income/6,000,000

Operating income= 6,000,000 × 0.1

Operating Income= $600,000

7 0
3 years ago
What are the principles of Csr
kodGreya [7K]

Answer:

there are three basic principles which together comprise all CSR activity. These are: Sustainability; • Accountability; • Transparency.

Explanation:

hope this helps you

5 0
3 years ago
n March 2021, the Phillips Tool Company signed two purchase commitments. The first commitment requires Phillips to purchase inve
Virty [35]

Answer:

1.June 15, 2021

Dr Purchases $86,500

Dr Loss on purchase commitment $16,500

Cr Cash $103,000

2. June 30, 2021

Dr Estimated loss on purchase commitment $11,800

Cr Estimated liability on purchase commitment $11,800

3. August 20, 2021

Dr Purchases $121,500

Dr Loss on purchase commitment $19,700

Dr Estimated liability on purchase commitment $11,800

Cr Cash $153,000

Explanation:

Preparation of the journal entries required on June 15, June 30, and August 20, 2021, to account for the two purchase commitments

1. June 15, 2021

Dr Purchases $86,500

Dr Loss on purchase commitment $16,500

($103,000-$86,500)

Cr Cash $103,000

2. June 30, 2021

Dr Estimated loss on purchase commitment $11,800

Cr Estimated liability on purchase commitment $11,800

($153,000-$141,200)

3. August 20, 2021

Dr Purchases $121,500

Dr Loss on purchase commitment $19,700

($141,200-$121,500)

Dr Estimated liability on purchase commitment $11,800

($153,000-$141,200)

Cr Cash $153,000

5 0
3 years ago
Read 2 more answers
Why do dogs twirl before the sleep?
Elan Coil [88]

Answer:

Turning around before bedtime has its origin mostly in evolutionary history where dog ancestors were practicing these habits for health or protection. These innate habits remain in their genetic code to this day, but if your dog is seeming to be doing it excessively, it could be a sign of underlying medical problems, such as arthritis or neurological disorders.

Explanation: i hope this answer your question

5 0
2 years ago
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