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Pani-rosa [81]
3 years ago
13

Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and

sells the sunglasses in the mall kiosks. Shamrock is in the process of budgeting for the coming year and has projected sales of $310,000 for January, $390,000 for February, $550,000 for March, and $590,000 for April. Shamrock’s desired ending inventory is 30 percent of the following month’s cost of goods sold. Cost of goods sold is expected to be 20 percent of sales.Compute the required purchases for each month of the first quarter.
Business
1 answer:
mote1985 [20]3 years ago
8 0

Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and sells the sunglasses in the mall kiosks. Shamrock is in the process of budgeting for the coming year and has projected sales of $310,000 for January, $390,000 for February, $550,000 for March, and $590,000 for April. Shamrock's desired ending inventory is 30 percent of the following month's cost of goods sold. Cost of goods sold is expected to be 20 percent of sales. Required: Compute the required purchases for each month of the first quarter (January- March) January February March Required Purchases

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McConnell Corporation has bonds on the market with 14.5 years to maturity, a YTM of 5.3 percent, a par value of $1,000, and a cu
creativ13 [48]

Answer:

5.75%

Explanation:

First, find the coupon payment amount . Using a financial calculator, key in the following inputs for this the bond valuation.

<em>Note: Make adjustment on the rate and time since the coupon payments are made semi-annually i.e 2 times a year</em>.

Maturity of the bond ; N = 14.5*2 = 29

Semi-annual rate ; I/Y = (5.3%/2) = 2.65%

Face value ; FV = 1000

Price of the bond or PV = -1045

then compute semiannual coupon payment ;  CPT PMT = $28.743

Annual coupon rate is therefore = $28.743*2 = $57.486

Coupon rate = coupon payment / face value

Coupon rate = $57.486 / 1000

= 0.05749 or 5.75%

8 0
3 years ago
A small town has few available workers, and unemployment is low. A family-owned restaurant in town has just had a very good year
stepladder [879]
Since the unemployment is low, hiring people fit for the job is a no easy task. posting stricter requirements narrows the chance even more to hire people. A good strategy here is  <span>D.The restaurant will offer a higher wage than other competitors to attract people who will apply for the job</span>
6 0
3 years ago
​You are meeting with the new CEO of your company to discuss marketing channel strategies. You are delighted to learn that the C
jeyben [28]

Answer:

You should make sure the channel you choose is capable of creating lots of:

Time and place utilities.

Explanation:

Utility:

In business, utility is defined as the benefit or value that a customer gets from the product of a business.

  • There are fours type of utilities which are: Time Utility, Form Utility, Place Utility and Possession Utility.
  • Time Utility: This utility means that your product remain available to the customer at a time when the customer need it. Like if a customer wants the product available at night then it should be available.
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3 years ago
________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate th
Anika [276]

"Informational" appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.

<h3>What is informal appeals?</h3>

A corporate message typically substitutes data and figures for a main notion. A business message should make sure to properly state any significant dates, locations, times, etc.

The powerful business report can be written as-

  • Business reports always are formally presented, impartial, and thoroughly researched. If the study focused on a specific issue or analyzes the actual quality of a whole organization, every data must be accurate and reliable.
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  • A business report must to be objective and presented from the viewpoint of the company.

To know more about parts of a business report, here

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5 0
1 year ago
A nation that has a comparative advantage in producing a good or service compared to
NNADVOKAT [17]

Answer:

Opportunity cost

Explanation:

A country is said to have a comparative advantage in producing a good, if it has a lower opportunity cost of producing that good in comparison to the other country. For instance if the opportunity cost of producing Wheat in U.S is 2. While that in China is 1. It shows that China has a comparative advantage in producing wheat as compared to the U.S.

So a nation that has a comparative advantage in producing a good or service compared to the other nation can produce that good or service with a lower opportunity cost.

Efficiency, Profit and Resource cost are not directly related to comparative advantage. Although efficiency can contribute towards lower opportunity cost but it is not a scale used for international trade.

Thus, lower opportunity cost is the best alternative.

3 0
3 years ago
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