The NCAA, National Collegiate Athletic Association, is a non-profit association working for student athletes. Thus, the answer is A.
The firm is at the last stage of data analysis which is Result Sharing.
<h3>What is Data analysis?</h3>
Data analysis is the process of transforming raw data into relevant information that helps make informed decisions on businesses.
- Sharing of result is the last stage of data analysis, it involves sharing of result to scientist, researchers or businesses to make decisions.
Therefore, strategy or plan to increase annual revenue is a decision from the result that was shared. This can be a decision by the management as a solution to their problem statement.
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Answer:
$200,000
Explanation:
The computation of the net revenue is shown below:
= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable
= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000
= $200,000
We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable
Answer:
Piper Rose Boutique should accept the special order made by the college
Explanation:
Price per unit the college is willing to pay = $6
Total variable cost per unit to be incurred by Piper Rose Boutique = Direct materials + Direct labor + Variable factory overhead = $2.00 + $0.50 + $1.50 = $4,00
Since the price per unit of $6 that the college is willing to pay is greater than the total variable cost per unit of $4 to be incurred by Piper Rose Boutique, Piper Rose Boutique should accept the special order made by the college.
Note: the Fixed factory overhead is not relevant in taking the decision. Only the variable costs are relevant.