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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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Nataly_w [17]

Answer:

a. 2017 ⇒ 1.50

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b. Deteriorate

Explanation:

a. Current ratio 2017

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= 1.50

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= 5,848,000 / 3,700,000

= 1.58

b. The current ratio went from 1.58 in 2016 to 1.50 in 2017 which would mean that it deteriorated.

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3 years ago
A company handbook states that employees will be given warnings for three instances of arriving late for work, after which they
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Answer:

"at-will" simply means the employer can let you go without cause

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3 0
2 years ago
What do you mean by parent and host company?​
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8 0
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Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products.
Angelina_Jolie [31]

Answer:

Explanation:

                                        JOURNAL

Date   Account Title & Explanation  Post          Debit ($)   Credit($)

                                                              Ref.

3- May  Inventory                                                            16,000

             Cash                                                                                      16,000

            (To record the purchase at 8

             per $ for 2000 units

5-May    Account receivable                                             12,000

              Sales                                                                                      12,000

              (To record the sales on account)

5- May   Cost of goods sold                                               8000

              Inventory                                                                                 8000

             (To record Cost of goods sold)

7- May   Sales return & allowance                                      1,200

             Account receivable                                                                  1,200

            (To record the sales return)  

7- May   Inventory                                                                  800

             Cost of good sold                                                                     800

             (To record the cost of inventory

             restored to Allied Company)

8- May   Sales return allowance                                            400  

             Account receivable                                                                   400

             (To record the credit of $400 given

             to Macy company for compensate of

             damage)

15- May  Cash                                                                         10,192

              Sales discount                                                             208

              Account receivable                                                               10400

              (To record the cash received within

              discount period)

N:B

From above ; on May 15 ;

We determine the accounts receivable amount after sales return and allowances;

i.e

Account receivable = Sales - Sales return - Compensation Period

                                 = $12,000 -$1,200 - $ 400

                                 = $10,400

The cash discount =  Account receivable × 2 %

                               = $10,400 × 0.02

                               = $208

The cash received amount = Account receivable × 98%

                               = $10,400 × 0.98

                               = $10,192

I hope that helps alot!

4 0
3 years ago
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