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3 years ago

What is merchandise planning

1 answer:

iogann1982 [59]3 years ago

3 0

Merchandise planning is a method of selecting, managing, purchasing, displaying and pricing the products in a manner that they bring in maximum returns on investment.
Overall merchandise planning merchandise planning is about striving to make the right product available, at the right time, in the right place, in the right quantities, and at the right price.

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The average starting salary for this year's graduates at a large Texan university is $45,000, with a standard deviation of $4,00

4vir4ik [10]

Answer:

The probability that a randomly selected graduate will have a starting salary of $50,000 or more is 10.56%

Explanation:

The formula for calculating a z-score is:

Z= $\frac{x-μ}{σ}$

Where:

x=Score in this case is $50,000

μ=Mean or average of the salary: $45,000

σ= standard deviation of $4,000.

Z= $\frac{50000-45000}{4000}$

Z= 1.25

This value has an associated probability of 0.8944= 89.44%, this means 89.44% of graduates will have a starting salary of $50,000 or less.

But if we want to know the probability that the graduate has a salary of $50,000 or more, taking into account a population of 100%=1

1-0.8944= 0.1056

Which represents that 10.56% of population of graduates will earn $50,000 or more.

7 0

3 years ago

Following are several figures reported for Allister and Barone as of December 31, 2018: Allister Barone Inventory $500,000 $300,

horrorfan [7]

Answer:

The correct option is C,$795,000

Explanation:

The consolidated inventory of Allister and Barone at year end 31st December is the sum of their individual inventories minus the allowance for unrealized profit on intra-group sales of $180,000

Allowance for unrealized =amount of unsold inventory/total sales*profit on sale

amount of unsold =10%*$180,000=$18,000

total profit on the sale=sales price-cost=$180,000-$130,000=$50,000

allowance for unrealized profit=$18,000/180,000*50,000=$5,000

Consolidated inventory=$500,000+$300,000-$5,000=$795,000

5 0

4 years ago

The city of Springvale imposes a net income tax on businesses operating within its jurisdiction. The tax equals 1% of income up

sveta [45]

Answer:

$11,230

Explanation:

The city of Springvale imposed a net income tax on all businesses

Each business will make a payment of 1% for any amount up to $100,000 and 1.5% for any amount above $100,000

The net income generated by Springvale Bar and Grill is

= $782,000- $100,000

= $682,000

Therefore, it's city income tax is calculated as follows

(1/100+100,000) + ( 1.5/100+682,000)

( 0.01+100,000) + ( 0.015+682,000)

= 1000 + 10,230

= $11,230

Hence, Springvale Bar and Grill will pay a net income tax of $11,230

4 0

3 years ago

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

yKpoI14uk [10]

Answer:

Product A Product B Product C

Sales value after further processing $494,940 $656,030 $248,820

(14,600*$33.90), (22,700*$28.90),

(5,800*$42.90)

Costs of further processing $91,990 $133,305 $62,660

Benefits of further processing $402,950 $522,725 $186,160

Less: Sales value at split-off point $408,800 $499,400 $197,200

(14,600*$28.00), (22,700*$22.00),

(5,800*$34.00)

Net advantage / (Disadvantage) $(5,850) $23,325 $(11,040)

6 0

3 years ago

Bedrock Company reported a December 31 ending inventory balance of $416,000. The following additional information is also availa

Brrunno [24]

Answer:

$392,400

Explanation:

The computation of correct balance for ending inventory on December 31 is shown below:-

Correct balance for ending inventory = Ending inventory – Office supplies

= $416,000 - $23,600

= $392,400

Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.

3 0

3 years ago