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3 years ago

10

A reliable source in your industry has informed you that some of your more aggressive competitors are planning to formulate agre

ements with suppliers. you did some checking and discovered that some of the suppliers are key to your business. what should you do?

1 answer:

Rom4ik [11]3 years ago

7 0

Black mail just dont fire them either blackmail them or make them sign a contract

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Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,

aniked [119]

Answer:

Results are below.

Explanation:

Giving the following information:

Credit sales:

January= $211,000

February= $270,600

March= $315,300

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

<u>Cash collection January:</u>

Sales on credit from January= (211,000*0.75)= 158,250

Total cash collection= $158,250

<u>Cash collection February:</u>

Sales on credit from February= (270,600*0.75)= 202,950

Sales on credit from January= (211,000*0.25)= 52,750

Total cash collection= $255,700

<u>Cash collection March:</u>

Sales on credit from March= (315,300*0.75)= 236,475

Sales on credit from February= (270,600*0.25)= 67,650

Total cash collection= $304,125

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3 years ago

A recent candidate for mayor of a major city wanted to win the election by focusing the voters' anger-at bad economic conditions

Blababa [14]

<span>This despicable campaign strategy makes use of the concept of </span>scapegoating. Scapegoating is putting the blame on another person or group for something they did not do. In this campaign strategy, the blame is being put on mexican-americans and the candidate is using that to try and sway votes. Scapegoating is frowned upon and is normally used as an ego defense mechanism.

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3 years ago

Slapshot Company makes ice hockey sticks and sold 1,890 sticks during the month of June at a total cost of $378,000. Each stick

Grace [21]

Answer:

<u>Slapshot Company</u>

<u>Income statement for the month of June</u>

Sales ( 1,890 x $360) $680,400

Less Costs of Sales ($378,000)

Gross Profit $302,400

Selling Costs :

Commissions $68,040

Other Selling Expense $64,700

Administrative Expense $53,800 ($186,540)

Net Income $115,860

Explanation:

The Income statement shows the <em>Profit</em> earned during the reporting period. This is determined as Gross Profit (Sales - Cost of Sales) minus the Operating Expenses.

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3 years ago

The AUD/$ spot exchange rate is AUD1.60/$ and the SF/$ is SF1.25/$. The AUD/SF cross exchange rate is _____. Group of answer cho

DaniilM [7]

Answer:

a. $1.2800

Explanation:

The AUD/SF cross exchange rate is as computed below:

==> AUD/$ ÷ SF/$

==> $1.60 / $1.25

==> $1.2800

So, the AUD/SF cross exchange rate is $1.2800

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3 years ago

Landrum Corporation is considering investing in specialized equipment costing $250,000. The equipment has a useful life of 5 ye

aalyn [17]

Answer: ARR = Average profit/Initial outlay x 100

ARR = $19,000/$250,000 x 100

ARR = 7.60%

The correct answer is C

Depreciation = Cost - Residual value/Estimated useful life

= $250,000 - $20,000/5 years

= $46,000 per annum

Average profit = Total profit/No of years

= $325,000/5

= $65,000

$

Average profit 65,000

Less: Depreciation 46,000

Average profit after depreciation 19,000

Explanation: In determining the accounting rate of return of the investment, there is need to calculate depreciation using straight line method. The amount of depreciation would be deducted from the average profit so as to obtain the average profit after depreciation. The average profit would be divided by the initial outlay in order to obtain the accounting rate of return.

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3 years ago