The preparation of the income statement for the year ended December 31 is as follows:
Sales $94,000
Cost of goods sold
Begininng finish goods inventory $20,000
Add:Cost of goods manufactured $41,000
Cost of goods available for sale $61,000
Less: Ending finish goods inventory -$17,000
Cost of goods sold $44,000
Gross margin $50,000
Less: Operating Expenses
General and Advertising Expenses $15,000
Selling Expenses $13,000
Total operating Expenses $28,000
Operating Income $22,000
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Marilyn shall experience the critical problem in covering the operational cost for running the business if she is unable to find the way to meet customers' demand for quality
Explanation:
Retail business management needs to execute market research and should able to compare its nature of service with other retail services of the same business. As the Operations Manager, Marilyn should be able to capture the present pulse of the customers' needs which in turn increases the demand of the customers.
Absorbing the new market trend and fashion related to the profession of salon techniques, Marilyn should provide training to the staff in an upscale urban neighborhood. It will fetch the positive effects of fetching good results in attracting more demanded customers.
Answer:
a. Calculate the net present value.
b. Calculate the internal rate of return
c. Calculate the accrual accounting rate of return based on the net initial investment.
d. Calculate the accrual accounting rate of return based on the average investment.
Explanation:
machine cost $225,000
useful life = 10 years
salvage value = $3,000
cash flow per year = $48,500
additional working capital = $39,000
discount rate 10%
I used an excel spreadsheet because is not enough room here:
Answer:
b. Business & Industry
Explanation:
STEM (or Science, Technology, Engineering & Mathematics) includes different types of engineering, computer science, mathematics, and other fields.
Arts and humanities include archaeology, history, literature, philosophy, etc.
Public services include journalism, education, healthcare, teaching, etc.