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3 years ago

Companies who believe that higher sales volume leads to lower unit costs and higher long-run profits are attempting to Answer .

Business

1 answer:

Shkiper50 [21]3 years ago

3 0

Answer:

A) Maximize their market share.

Explanation:

Companies which believe higher sales volume will drive the cost down (& profits upward) will need to sell more of their products to achieve this target.

For example, if a bike manufacturer thinks that he can reduce cost by higher number of sales, he must maximize his market share and target more and more people to buy the bikes, let it be child, millennial, parents, everyone.

This will derive the sales volume to be higher and the costs to be lower (& higher long-run profits).

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Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expenses of $297,000. The beginn

olasank [31]

Answer:

3.46

Explanation:

Calculation for Campbell Co. fixed asset turnover ratio

First step is to find the Average net fixed assets

Using this formula

Average Fixed assets= Fixed assets Beginning balance +Fixed assets ending balance /2

Let plug in the formula

Average Fixed assets= $368,000 + $396,000/ 2

Average Fixed assets=$764,000/2

Average Fixed assets=$382,000

Second step is to calculate for the Fixed asset turnover

Using this formula

Fixed asset turnover = Net revenue ÷ Average net fixed assets

Let plug in the formula

Fixed asset turnover= $1,320,000 ÷ $382,000

Fixed asset turnover= 3.46

Therefore Campbell Co. fixed asset turnover ratio will be 3.46

7 0

4 years ago

Describe a scenario that forced you to wrestle with your values?

Trava [24]

Answer:

To use brainly or to not use brainly. I dont like cheating but sometimes I realy need help.

Explanation:

7 0

3 years ago

A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in

Vitek1552 [10]

Answer:

A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in these fields usually have jobs and need to be enticed to apply elsewhere. To identify individuals who are likely to be a good match, hiring managers should<u> use social media.</u>

EXPLANATION:

Nowadays, social media has taken over and has helped in making several tasks easier. Job search and hiring have been made a lot easier by the use of social media platforms.

The hiring managers of the technology company should use social media platforms, for example, LinkedIn to reach out for all people that fit into the job. Using social media, one can easily screen out for people having experience similar to the job requirements.

6 0

3 years ago

Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds f

Naddik [55]

Answer:

Net Cash inflow (outflow) from Investing activities ($75,000)

Net Cash inflow (outflow) from Financing activities ($20,000)

Explanation:

The computation of the Investing and Financing is shown below:-

A Company

Cash Flow Statement

Cash Flow from Investing Activities

Sale of Equipment $65,000

Purchase of new equipment ($140,000)

Net Cash inflow (outflow) from Investing activities ($75,000)

Cash Flow from Financing Activities

New Bond issuance $100,000

Paid dividends ($20,000)

Sale of Common Stock $200,000

Paid Notes Payable ($300,000)

Net Cash inflow (outflow) from Financing activities ($20,000)

7 0

3 years ago

The CPI is based on an: Multiple Choice average of the goods and services purchased by "urban consumers." average of the goods a

lisabon 2012 [21]

Answer:

average of the goods and services purchased by "urban consumers."

Explanation:

The US Bureau of Labor Statistics determines the CPI by calculating the weighted average of a basket of goods. More than 24,000 people are interviewed each year in order to elaborate this index, and the sample is taken from the US Census and includes people that live or work in urban areas around the country.

4 0

3 years ago