Answer:
$5,569,634
Explanation:
Current ratio = current assets = 2× $9,500,000= $19,000,000
Inventory turnover = 12 times = $65,000,000÷ 12= $ 5,416,667
Average collection period (APC) = 45 days = account receivable × 365 days
=> Account receivable = (45 × $65,000,000 )÷ 365 days = $8,013,699
=> cash and marketable securities =$ 19,000,000 - $5,416,667- $8,013,699 = $5,569,634
The answer is C: $63.54. The credit card will be charged $63.54 in Canadian dollars for 12.00 gallons of gas.
Solution:
Gas is sold per liter in Toronto, Canada for = $1.399
Car needs = 12.00 gallons
12 galloons = 45.4249 liters
Therefore, 45.4249 liters of gas = 45.4249 * 1. 399
= 63.54
Thus, The credit card will be charged $63. 54 for 12.00 gallons of gas.
The official currency of Canada is the Canadian dollar (sign: $; code: CAD; French: dollar canadien). There is no standard disambiguating form; nevertheless, prominent style guides frequently recommend the abbreviation Can$ to distinguish it from other dollar-denominated currencies. It is abbreviated with the dollar sign $. There are 100 pennies in it.
Gas is sold for $1.399 per liter in Toronto, Canada. Your car needs 12.00 gallons. How much will
your credit card be charged in Canadian dollars?
A) $67.15
B) $16.79
C) $63.54
D) $4.44
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Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
A company's offers are shaped through the process of product service management, also known as product/service management, in response to customer demand brought on by changes in the marketplace. A product service manager (PSM) foresees consumer needs and then directs the creation of products to address them.
Discovering new product opportunities, maintaining current products, and getting rid of items that have turned into liabilities are all part of product service management. advantages
The following are some advantages of product service management:
- Provides customers with things they desire to buy, hence improving a business's earnings.
- With novel and cutting-edge items, it can increase the number of customers
- When products are properly managed, there is less risk of failure and more potential for success.
The market opportunity is unrealized market potential that enables companies to take advantage of untapped markets.
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Answer:
B) change your promotional campaign
Explanation:
A company should advertise that it is the no.1 selling product X in the market
Answer:
the average unit cost: $7.917
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one.
<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>
My answer:
Given:
- 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.
<=> Total units = 300 + 400 + 500 = 1200 units
<=> Total cost: 300*$6 + 400*$8 + 500*$9
= $1,800 + $3,200 + $4,500
= $9500
- As we know that, the average unit cost:
= Total cost / total units
=$9,500 ÷ 1,200 = $7.917
Hope it will find you well.
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