Answer: channel conflict
Explanation:
Based on the information given, Lauren was observing a channel conflict. A channel conflict occurs when there's a conflict or dispute between the channel partners such as the wholesalers, distributors or retailers.
In this case, the activity of one of them affects the sales or revenue of the other channel partner and the product as a whole.
Answer:
Explanation:
Multi step income statement is a more detailed way of reporting profit and loss compared to the single step as it entails the use of series of equation to arrive at the net income.
Workings
Income Statement for Save - the - Earth for the year Ended Dec. 31
Sales 28,000
Sales discount 790
sales return 290 (1080)
and allowance
Net sales 26,920
Cost of goods 9,800
Gross profit 17,120
Expenses
Selling expenses
Staff Salary 2900
Rent 1900
Advertising 580
Total Selling expenses 5380
General admin expenses
Office salary 2400
Insurance expenses 1400
Office supplies 580
Total general admin expenses 4380
Total expenses 9,760
Net income 7,360
Explanation:
The computation of the ending inventory using the each method is shown below:
a. FIFO
Since the 57 units is in physical inventory so 40 units should be taken at $357 i.e from latest purchase and the remaining 17 units is at $342
= 40 units × $357 + 17 units × $342
= $20,094
b. LIFO
Since the 57 units is in physical inventory so 20 units should be taken at $360 and the rest 37 units at $342
= 20 units × $360 + 37 units × $342
= $19,854
c. Weighted average cost method
= Weighted average cost per unit × ending inventory units
where,
Weighted average cost per unit is
= $110,400 ÷ 320 units
= $345
And, the ending inventory units is 57 units
So, the ending inventory is
= 57 units $345
= $19,665
Answer:
the solutions are below.
Explanation:
1. The wages and utility bills that Andrew pays is <u>explicit cost</u>
2. The rental income Andrew could receive if he choose to rent out his showroom <u>is implicit cost</u>
3. The salary Andrew could earn if he worked as a financial advisor s an <u>implicit cost</u>
4. The wholesale cost for the boats that Andrew pays the manufacturer is an <u>explicit cost.</u>
<u></u>
<u>accounting profit = </u>revenue - explicit cost
= 793000-[430000+301000]
=$62000
<u>Economic profit = revenune - [explicit cost + implicit cost]</u>
<u>= </u>793000-[430000+301000+50000+15000]
= 793000-796000
= -$3000
<u></u>
<u></u>
<u></u>
<u></u>
<u></u>
Explanation:
An organization to be successful in the long term and competitive in the market, needs financial capital to carry out its activities, for this they open the company's capital to investors, who are the capital holders willing to inject capital into the company and receive dividends business, thus becoming a partner of that company.
It is essential that companies attract investors willing to inject a large amount into the business, as this benefits both, since a company with larger amounts of assets will produce more, have its obligations up to date and remain better positioned in the market.
To attract investors to a company, it is necessary that the company has a good reputation in the market and there is a favorable negotiation process, where there is a demonstration of results and the opportunity that the investor will have to invest his money in an organization that will generate profits.
