Answer:
Divestment
Explanation:
Divestment is the opposite to investment: consists in selling off, or giving up on some business operations, with the goal of increasing focus on a smaller subset of activities.
Divestment can also occur when a company is going through financial difficulties, and needs to sell off part of its operation in order to pay off debts, or obtain much needed cash.
Bayne Crop likely found out that the pork market was difficult, and decided to abandon it, focusing instead on other divisions in which the firm is likely to be more competitive.
Answer:
Explanation:
Before preparing the retained earning statement, First, we have to compute the ending balance of the retained earning account.
The formula to compute the retained earnings ending balance is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $17,200 + $10,400 - $6,000
= $21,600
The ending balance of retained earnings is shown in the attached spreadsheet.
During the product adjustment, you made several changes to the product in order to obtain more customer satisfaction so you will keep them as loyal customers.
After making the adjustment, the thing that you should do is inform the brand new features of the product so the potential customers become aware of it.
Answer:
c. 246 units
Explanation:
Daily demand, d = 20 units
Service Level = 95 % = 0.95. Z (according to Standardized Normal Curve) = 1.65
Average Lead Time, LT-bar = 9 days
Standard deviation of Lead Time, σLT = 2 days
Reorder Point = Expected Demand during Lead time + Safety Stock
Reorder Point = d*LT-bar + z*d*σLT
Reorder Point = (20*9) + (1.65*20*2)
Reorder Point = 180 + 66
Reorder Point = 246 units
Answer:
Effect on income= -$2,100
Explanation:
Giving the following information:
Contribution margin $ 98
Increase in variable cost= $5
Increase in sales= 300 units
<u>To determine the effect on income, we need to use the following formula:</u>
Effect on income= increase in contribution margin for new sales - increase in variable costs
Effect on income= 300*93 - 6,000*5
Effect on income= -$2,100