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Alona [7]
3 years ago
5

You have an opportunity to carry a new brand of football. You estimate that you will sell 300 per week with a margin of $40 per

unit. However, you estimate that it will cannibalize (reduce) your sales of a lower margin football ($20 per unit) by 100 units per week. How much more margin will you generate if you carry the new football?
Business
1 answer:
Ierofanga [76]3 years ago
3 0
If a shopkeeper starts to sell the new football, their weekly margins would be:

300 x 40 = $12,000

However, the sales of the lower cost footballs will decrease by:

100 x 20 = $2,000 every week

Hence, the total margin we can generate by selling every week by selling the new footballs is:

12,000-2,000 = $10,000 

This means the shopkeeper should actually start selling new footballs since their shop will become more profitable

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The data analysis process phases are ask, prepare, process, analyze, share, and act. What do data analysts do during the ask pha
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The thing which the data analysts do during the ask phase are:

  • Define the problem by looking at the current state
  • Identifying how it's different from the ideal state.

<h3>What is Data Analysis?</h3>

This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.

With this in mind, we can see that during the data analysis process phases, we can see that they include:

  1. Ask
  2. Prepare
  3. Process
  4. Analyze
  5. Share
  6. Act.

Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.

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7 0
2 years ago
The Federal Open Market Committee promotes price stability and economic growth through management of the money supply oversight
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Answer:

management of the money supply

Explanation:

The Federal Open Market Committee (FOMC) is made up of seven members of the Board of Governors, the president of the federal reserve bank of New York and four rotating regional federal reserve bank presidents. It is in charge of conducting the Fed's monetary policy, i.e. buying and selling US securities to increase or decrease the money supply.

6 0
3 years ago
On January 1, 2021, Consolidated Company purchased 100% of the common stock Avergy Industries for $720,000. On that date, Avergy
Dahasolnce [82]

Answer:

b. $ 50,000

Explanation:

Investment cost                    

720000

Book value of net asset

100000

420000

--------------

520000

Excess

200000

Allocated as follows

Land and equipment                              50000

overvaluation of bonds payable            40000

Undervaluation of inventory                    60000

Total                                                          150000

Un allocated amount    

Goodwill                                                    50000

Total                                                        200000

4 0
3 years ago
• Compare and contrast the characteristics of the academic and practitioners research communities and explain which audience you
Natalka [10]

Answer:

The research is aimed to reach the academics audience because the terminology, the structure of the research report and the analisys of the findings should reach academic standards, being a starting point for developing practical strategies to bring together practical inconsistancies

7 0
3 years ago
of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step.
Vanyuwa [196]

Buffer of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step.

<h3>What is a buffer?</h3>
  • In manufacturing, a buffer is used to account for fluctuations in the production process. Consider a buffer as a means to guarantee that your production line will continue to function normally even if unexpected circumstances arise.
  • Having enough supplies on hand to ensure smooth operations is one example of a buffer in manufacturing. To help stabilize any fluctuations they encounter with their supply and demand chains, production capabilities, and lead times, manufacturers will often keep inventories of the raw materials and supplies needed for production on hand, as well as occasionally inventories of finished goods awaiting shipment.
  • Without the proper buffers, manufacturing procedures may sluggish, which would result in more costs and lower profitability.

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8 0
1 year ago
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