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3 years ago

Which of the following identifies how much product transportation cuts into farmers' profits?

Business

1 answer:

11Alexandr11 [23.1K]3 years ago

6 0

Answer:

It can be 13 to 62 percent of retail sales.

Explanation:

Farmers grow crops after their day and night of struggle. They earn their livelihood by selling these crops. The transportation cost to commute crops from the farmers land to the retail market. If this transportation cost is minimized the farmers can earn better profit and raise their living standard. Also with better earnings farmers will be able to adopt new technological methods to grow agricultural products.

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11) A company knows that they will sell 80,000 cases of #2 Pencils at a steady rate over the course of the next year. It costs t

romanna [79]

Answer:

139 units

Explanation:

In order to compute the number of orders place each year so that it can minimize the total inventory cost we need to use the economic order quantity formula i.e shown below:

The computation of the economic order quantity is shown below:

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Annual demand = 80,000 cases

Ordering cost = $12

And, the carrying cost = $100

Now placing these values to the above formula

So, the economic order quantity is

$= \sqrt{\frac{2\times \text{80,000}\times \text{\$12}}{\text{\$100}}}$

= 139 units

4 0

3 years ago

After firm A acquired firm B, it raised the prices for the goods produced by both firms. This can increase profits if those good

ikadub [295]

Answer: substitute

Explanation:

After firm A acquired firm B, it raised the prices for the goods produced by both firms. This can increase profits if those goods are substitutes.

Substitute goods are the goods that serve thesame functions and one can be used to replace the other one. Since both goods produced are substitutes, that means when there's price increase, even though consumers shift from one good to another, there's still rise in price which will increase profits

7 0

3 years ago

The marion's clothing has a gross profit of $700,000 and $240,000 in depreciation expense. the preston's pants also has $700,000

bogdanovich [222]

So, doing the calculations, Marion's had $700,000-240,000=$460,000-160,000 in expenses = $300,000 x 0.4 income tax=120,000 and so 300,000-120,000=$180,000 net value. Preston's had $700,000-40,000 depreciation=$660,000-160,000 expenses =$500,000 x 0.4 taxes= 200,000 taxes so 500,000-200,000=$300,000 net value. The result is Preston's had less depreciation which provided it with more spendable income.

6 0

3 years ago

You are the owner of a smoothie shop in California. Afterhearing a podcast about customer relationship management (CRM), youdeci

Svetach [21]

Answer:

Average Customer Retention rate = 80%

Average Value of Sales per year per customer = $120

Average customer acquisition cost = Customer acquisition oriented market expenses per month/

number of new customers acquired per month

$=\frac{1000}{25} = 40$

Average customer retention cost = $75

CLV =[1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)

$= [1/(1-0.8)] x 120-(40+75)$

=$485

A) Average customer retention rate =90%

B) Average value of sales per year per customer = $125

C) Average customer acquisition cost =$60

D) Average customer retention cost =$100

CLV = [1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)

$= [1/(1-0.9)] x 125 - (60+100)$

E) Customer Lifetime Value = 1090

Explanation:

Here are the spreadsheets.

3 0

3 years ago

When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than

ycow [4]

When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than $1.00. A tax on sellers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.

8 0

3 years ago