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katovenus [111]
4 years ago
15

Millennials number around 83 million and represent a huge business opportunity in the United States. What is a defining feature

of the millennials?
Business
1 answer:
Nady [450]4 years ago
6 0
The millennials have the opportunity too change the way we market and advertise, They are the ones that know most about the internet and it’s culture. so with that knowledge they can market to their fellow 83 million. The defining feature of the millennials is “Online Culture”
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A component of legal writing that refers to and credits authoritative documents and legal sources is called a (1 point)
shusha [124]
The answer to your question is Citation
7 0
3 years ago
Tindell believes that if the ___________ are happy, they will take better care of the __________________, and wonderfully and ir
nevsk [136]

Answer:

The correct answer is letter "B": employee; customer; shareholders.

Explanation:

Kip Tindell, Chairman & CEO of The Container Store during an interview for Forbes (2014), stated that <em>a company's culture should focus on employee satisfaction since it is likely to be reflected in optimal customer service. When both, workers and clients are happy, shareholders will be happy, too</em>.

During the interview, Tindell explained that The Container Store's approach consists of giving employees better wages and training so they can keep motivated and treat consumers better which will make them return over and over again to the business. This is translated into higher profits for the company for the shareholder's satisfaction.

8 0
4 years ago
How do organizations calculate various costs, and what do these calculations mean to business?
QveST [7]

Answer:

See the explanation section

Explanation:

Organizations calculate various costs with the help of the weighted average cost of capital. It is a significant cost measurement system through which organizations can calculate the cost of debt after tax, cost of new equities, cost of existing equities, and cost of preferred shares. WACC can be a benchmark for the organization. A firm needs to know those costs because it can make sure that whether those projects are running smoothly to continue or running worse to reject.

Another significant cost measurement method is the net present value. With the help of NPV, a business can make sure about a project to accept it or reject it.

8 0
3 years ago
rion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at t
Akimi4 [234]

Answer:

1. 2,100 units and $28,350

2. 1,170 units

3.

                                   Cost of ending inventory     Cost of goods sold

a. FIFO                                      $16,590                                 $11,760

b. LIFO                                      $15,300                                 $13,050

c. Weighted Average              $12,093                                 $12,492

4.

<u>Income Statement for the year ended December 3</u>1

                                                    FIFO                LIFO         Weighted Average

Sales ($12,600 + $ 26,460)     $39,060          $39,060              $39,060

Cost of Goods Sold                  ($11,760)          ($13,050)             ( $12,492)

Gross Profit                               $27,300           $26,010               $26,568

Less Expenses                         ($18,200)         ($18,200)             ($18,200)

Net Income / (Loss)                     $9,100             $7,810                 $8,368

5. No Data

6. LIFO

Explanation:

Periodic Method means that inventory valuation is done after a specific period. In this case valuation is being done at year end.

<u>Calculation of the number and cost of goods available for sale</u>

                                                   Units                      Total Costs

Beginning Inventory                   300                            $4,200

Add Purchases :

April 11                                          950                           $11,400

June 1                                           850                           $12,750

Available for Sale                      2,100                          $28,350

Ending Inventory units = Units Available for Sale  - Units Sold

                                     =  2,100 units - 300 units -  630 units

                                     =  1,170 units

<u>a. FIFO</u>

FIFO stands for First In First Out.

i. Cost of ending inventory

320 units × $12 =  $3,840

850 units × $15 = $12,750

Total                  = $16,590

ii. Cost of goods sold

300 units × $14 = $4,200

630 units × $12 = $7,560

Total                  = $11,760

<u>b. LIFO</u>

LIFO stands for Last In Last Out

i. Cost of ending inventory

300 units × $14 =  $4,200

650 units × $12 =  $7,800

220 units × $15 =  $3,300

Total                  = $15,300

ii. Cost of goods sold

300 units × $12 = $3,600

630 units × $15 = $9,450

Total                  = $13,050

<u>c. weighted average cost</u>

This method recalculates the unit costs after every purchase. Sales are valued at the latest unit costs calculated.

1st calculation : April 11

Unit Cost = Total Cost ÷ Total Number of Units

                = ((950 units × $12) + (300 units × $14)) ÷ (1,250)

                = $12.45

Sale = 300 × $12.45

       = $3,735

2nd Calculation : June 1

Unit Cost = Total Cost ÷ Total Number of Units

                = ((650 units × $12.45) + (850 units × $15)) ÷ (1,500)

                = $13.90

Sale = 630 × $13.90

       = $8,757

ii. Cost of goods sold

Total Cost of Goods Sold = $3,735 + $8,757

                                          = $12,492

i. Cost of ending inventory

Ending Inventory = 870 × $13.90

                            = $12,093

6 0
4 years ago
Gains on the cash sales of property, plant, and equipment:________.
kolezko [41]

Answer:

The answer is D.

Explanation:

Option D is correct because gains on the cash sales of property, plant, and equipment: are recognized in the operating activities under cash flow statement. They are subtracted from net income.

Option A and C are incorrect because gains on PPE are excess of cash proceeds over the FAIR VALUE and not the book value

5 0
3 years ago
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