All categories

3 years ago

In evaluating how well a company's strategy is working, the best place to start is

Business

1 answer:

Paha777 [63]3 years ago

3 0

Answer:

C. SWOT Analysis

Explanation:

SWOT stands for strength weaknesses opportunities and threat

Strength and weaknesses are internal to an organization while opportunities and threats are external

What is SWOT analysis?

SWOT analysis is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.

You might be interested in

if an item of clothing costs a manufacturer R60 to make,how much profit was made per item if 10 items were sold for R1200

postnew [5]

Answer:

600

Explanation:

60×10=600 (this is the cost)

1200-600=600

3 0

2 years ago

Which business is exempt from using the accrual basis for accounting? A clothing manufacturer that has average gross annual rece

AnnZ [28]

Answer:

A home improvement store that just began business last year and had $2.7 million in gross receipts.

Explanation:

The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:

Partnership or C corporation with less than $5 million in total sales revenue per year
Sole proprietorship or S corporation with less than $1 million in total sales revenue
Cannot be a publicly traded corporation
Personal service businesses with more than 95% of revenue specifically related to services.
Family owned farms with total annual sales revenue less than $25 million.

3 0

2 years ago

Epsilon Co. can produce a unit of product for the following costs: Direct material $ 8 Direct labor 24 Overhead 40 Total costs p

omeli [17]

Answer:

If the company produces the units, it will save $4.

Explanation:

First, we need to calculate the relevant cost of making the units in-house. <u>We will consider only the incremental overhead cost:</u>

Make in-house:

Direct material= 8

Direct labor= 24

Avoidable Overhead= 40*0.6= 24

Total cost= $56

Buying:

Total cost= $60

If the company produces the units, it will save $4.

5 0

3 years ago

Flagstaff Company has budgeted production units of 8,500 for July and 8,700 for August. The direct materials requirement per uni

baherus [9]

Answer:

17,080 ounces.

Explanation:

Given that,

Budgeted production = 8,500

Raw material required per unit = 2 ounces

Opening inventory = 3,400

Direct material to be purchased:

= (Budgeted production × Raw material required per unit) + Closing inventory - Opening inventory

= (8,500 × 2 ounces) + (20% × 8,700 × 2) - 3,400

= 17,000 + 3,480 - 3,400

= 17,080 ounces.

5 0

3 years ago

Kathleen Taylor is a high school student who has been investigating the possibility of mowing lawns for a summer job. She has a

djverab [1.8K]

Answer:

Kathleen Taylor

a. The break-even lawns she needs to mow is:

= 31.25 lawns.

b. She can then expect to make $4,320 in Service Revenue and $2,304 in net income.

c. She should not lower her price.

Explanation:

a) Data and Calculations:

Cost of equipment = $500

Cost per lawn = $14

Price per lawn = $30

Contribution per lawn = $16 ($30 - $14)

Break-even point = $500/$16

= 31.25 lawns

Available period = 8 weeks

Number of lawns per day = 3

Working days per week = 6

Number of lawns per week = 18

Number of lawns for the period = 144 (18 * 8)

She can then expect to make $4,320 in Service Revenue and $2,304 in net income.

Number of lawns for the period = 192 (4 * 6 * 8)

Service revenue = $4,800 (192 * $25)

Net income = $2,112 (192 * $11)

4 0

3 years ago