Please help!!!!

Rodney Blevins is a vacuum cleaner salesman. He earns a 22 percent commission on every vacuum cleaner he sells. In the month of

lakkis [162]

The commission for the month of December is $2,767.60

Solution:
(1,258*10)= $12,580 we apply the 22% to that result and we obtain $2,767.60

3 0

4 years ago

Strategic business units that have a relatively low market share but have the potential to grow are best categorized under _____

Vikentia [17]

Answer:

question marks

Explanation:

BCG is corporate strategy planning framework developed by management consultation firm BCG (Boston Consulting Group).

It is a two by two matrix designed to analyze the position and performance of different business unit of the firm based on their relative market share(market share relative to other companies competing in same business type) and the growth rate of the unit.

Business units are different business in which a company operates for example Proctor and gamble operate in beauty care, grooming, household cleaning.

In This matrix market share and growth rate are divided into two parts low and high. Thus, four quadrants are generated based on low high performance of growth and market share. They have been given name as cows, star, dog and question mark.

Given below are brief description of it.

Cows: These are business unit which have relative high market share but they have low growth rate. They are highly profitable unit for the companies. The general strategy for such unit should be take profit from such unit and invest in unit where the growth rate is high.

Dogs: Dogs are the units which have low market share and low growth rate. Such unit can be termed as poor performers. It can be either due to declining stage of the market or inefficiency of the company. General strategy for such unit is liquidation and divestment.

Stars : stars are unit which possess high market share and high growth. They are high performing unit. Gerald plan for such unit is more investment as it will lead to more growth.

Question marks: They are unit with low market share but high growth. Such units are complicated one as it can be become high performer owing to growth potential but can under perform as because of less market share and increased competition in the market. General strategy applied here are product development, market penetration and divestment.

Now the condition given in question is a business unit has low market share but has growth potential based on the discussion based above it falls in question marks part of BCG matrix

6 0

3 years ago

In Porter's Five Forces model, conditions under which a supplier group can be powerful include all the following except:

kodGreya [7K]

Answer:

D) readily available substitute products.

Explanation:

Porters five explains the following

Threat of new entry
Bargaining power of suppliers
Bargaining power of buyers
Threat of substitution

A) lack of importance of the buyer to the supplier group.

True. Buyers have less bargaining power as compared to suppliers

B) high differentiation by the supplier.

True. Higher differentiation leads to competitive advantage and rivalry within the market.

C) dominance by a few suppliers.

True. This falls under threat of new entry as the fewer suppliers create barriers such as capital requirement and licensing requirements to prevent new entrants

D) readily available substitute products.

False. This means there are more suppliers in the market that are ready to substitute a product thus making suppliers less powerful.

7 0

3 years ago

In the closing process, ______ are zeroed out by crediting each account and ______ are zeroed out by debiting each account.

sashaice [31]

In the closing procedure, expenses and dividends are zeroed out by crediting each account, and incomes are zeroed out by debiting each account.

<h3>What is the objective of the closing process?</h3>

One purpose of closing admissions is to communicate net income or net loss for the period to Retained Earnings. A second objective is to "zero out" all temporary accounts (revenue accounts, expense accounts, and Dividends) so that they begin each new period with a zero balance.

The statement of cash flows must be prepared last because it takes data from all three previously prepared financial statements.

To learn more about the closing procedure visit the link

brainly.com/question/13171423

#SPJ4

4 0

1 year ago

Foyert Corp. requires a minimum $30,000 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid mont

igor_vitrenko [27]

Answer:

From the attached excel file, we have:

a. Ending Cash Balance:

October = $30,000

November = $30,000

December = $34,546

b. Loan Balance End of Month:

October = $20,100

November = $15,301

December = $0

Explanation:

Note: See the attached excel file for the cash budget for October, November, and December.

In the attached excel file, the following calculations are made:

October additional loan = Minimum required cash balance - October Preliminary cash balance = $30,000 - $19,900 = $10,100

November Loan Repayment = November Preliminary cash balance - Minimum required cash balance = $34,799 = $30,000 = $4,799

Download xlsx

8 0

3 years ago