Answer: The speed and effectiveness of decision making are enhanced.
Explanation:
Product departmentalization involves dividing the various products produced by an organization into different departments which are supervised by their own managers. An advantage of product departmentalization is that it would ensure that decisions are made faster as each product has its own manager in charge of decision making.
When coca-cola wanted to regain market share for its vitaminwater product lines, it based its marketing strategy on a "situation analysis",....................
Prior to building up any marketing strategy, it is essential to lead a situation analysis. A situational analysis is a basic piece of any business or marketing plan and ought to be looked into intermittently to guarantee that it is kept current.
A situational analysis characterizes the inner and external factors of an organization or association and obviously recognizes the capacities, clients, potential clients and the business condition and the effect they may have on that association or business.
Answer:
a. Cash paid to suppliers of merchandise during the reporting period: $44.1 million
b. A summary entry that represents the net effect of merchandise purchases during the reporting period as below:
Dr Cost of goods sold 44,000,000
Dr Inventory 6,700,000
Cr Account Payable 6,600,00
Cr Cash 44,100,000
Explanation:
We have the total amount goods buying from the supplier in the period = Cost of good sold in the period + Difference in the inventory balance of the period = $44 million + $6.7 million = $50.7 million
Thus, the additional amount owed supplier in the period is $50.7 million.
Account Payable increased by 6.6 million, it means that only 44.1 million ( that is, 50.7 million - 6.6 million) is paid during the period.
Thus, the summary will represents: Increase in COGS 44 million ( given); Increase in Inventory 6.7 million (given); Increase in account payable 6.6 million ( given) and Decrease in Cash 44.1 million ( calculated above).
Answer:
The worth of stock today is $12.17.
Explanation:
A Multi-Period Dividend Discount Model should be used to determine the worth of stock today.
<u>Year-1</u> <u>Year-2</u> <u>Year-3</u> <u>Year-4</u>
Dividends - $.80 $1.10 $1.50
Discount Factor - .7763 .6840 .6026
Present Values - .6210 .7524 .9039
Perpetuity (1.50)*(1 + 4%) = $1.56
Terminal Value = 1.56 / (13.5% - 4%) = $16.4210
PV of Terminal Value = Terminal Value * Discount Factor
⇒ PV of Terminal Value = 16.4210 * (1.135)^(-4) = $9.8950.
Add the Present values of Dividends with the PV of Terminal Value to get the Stock Price of Today.
⇒Stock Price = .6210 + .7524 + .9039 + 9.8950 = $12.17.
Thanks!
Answer:
$18.00
Explanation:
Overhead rate = Estimated Overheads ÷ Estimated Activity
= $900,000 ÷ 50,000
= $18.00
Therefore,
Overhead rate per direct labor hour is $18.00
