If a shopkeeper starts to sell the new football, their weekly margins would be:
300 x 40 = $12,000
However, the sales of the lower cost footballs will decrease by:
100 x 20 = $2,000 every week
Hence, the total margin we can generate by selling every week by selling the new footballs is:
12,000-2,000 = $10,000
This means the shopkeeper should actually start selling new footballs since their shop will become more profitable
Answer:
Cash available after the final deposit 41,463.52
Explanation:
The 12,000 capitalize for 5 years
15,638,52
Capialize for 1 year
15,825
10,000 this deposit doesn't capitalize is deposit to complete and purchase the equipment
15,638.52 + 15,825 + 10,000 = 41,463.52
Answer:
Today, marketing strategies are generally divided into two sectors: inbound and
outbound.
Explanation:
Marketing strategies are broadly divided into two. One is inbound marketing strategy, which aims to attract customers, who have already indicated interest in an entity's products and services. They are already out there trying to reach out to the entity in order to satisfy their needs. As a marketing strategy category, it utilizes pull marketing activities to create brand awareness and attract willing new customers, including content, blogs, events, search engine optimization (SEO), and social media marketing. Outbound marketing strategy uses push marketing activities to chase customers. For example, it uses TV, radio, and other media ads, trade shows, cold calling, and cold emails.
Answer:
a. Depreciation expense of $6,710 will be recorded each year.
Explanation:
Data provided in the question
The capital lease period = 10 years
Annual payments = $10,000
Recorded cost of the asset = $67,100
So by considering the above information, we have to find out the depreciation expense for each year by
= Recorded cost of the asset ÷ Capital lease period
= $67,100 ÷ 10 years
= $6,710
Hence, the correct option is a.
Answer:
The amount of maintenance costs allocated to each operating department is $159,900 to mixing and $86,100 to bottling
Explanation:
In order to determine the amount of maintenance costs allocated to each operating department we would have to calculate first the percentage of area for each deparment as follows:
Particular Area in square feet %
mixing 27,235 65
bottling 14,665 35
Total Area 41,900 100
Therefore, if the maintentance cost is $246,000, the amount of maintenance costs allocated to each operating department is as follows:
Particular % Allocation of expense
mixing 65 159,900=246,000×65/100
bottling 35 86,100=246,000×35/100
100 246,000
