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nata0808 [166]
3 years ago
5

Storm in Bowl is a noodle manufacturer in Texas. It advertises the ingredients used for its product to convince customers that i

t is safe for consumption. The company has also slashed its prices to ensure affordability for low-income consumers. According to the VALS™ framework, Storm in Bowl is most likely targeting
Business
1 answer:
forsale [732]3 years ago
8 0

Answer: Survivors

Explanation:

From the question, we are informed that Storm in Bowl is a noodle manufacturer in Texas and that it advertises the ingredients used for its product to convince customers that it is safe for consumption.

We are further told that the company has also slashed its prices to ensure affordability for low-income consumers. According to the VALS™ framework, Storm in Bowl is most likely targeting survivors.

The survivors are those with low income and have very few resources and are also loyal to a particular brand.

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During 2020, Nash Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Nash for a lump s
LUCKY_DIMON [66]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The manufacturer sells the chairs to Nash for a lump sum of $161,595.

Purchase:

Lounge chairs 1,080

Armchairs 810

Straight chairs 1,890

Sell:

Lounge chairs: 540 units at $90 =48600

Armchairs: 270 units at $80= 21600

Straight chairs: 324at $50= 16200

We need to determine the cost of sold goods. First, we will ponderate the lump sum cost for each type of chair.

Total units= 3780

Lounge= 1080/3780= 0.29

Armchairs= 810/3780= 0.21

Straight= 1890/3780= 0.5

Total cost= 161,595.

Lounge=  0.29* 161595= $46,862.55= $43.39

Armchairs= 0.21*161595= $33,934.95= $41.89

Straight=  0.5* 161595= $80,797.5= $42.75

Sales= $86400

COGS= (43.39*540) + (41.89*270) + (42.75*324)= 48,591.9

Gross profit= 37,808.1

Inventory= 161595 - 48491.9= %113,103.1

4 0
3 years ago
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,
Zarrin [17]

Answer:

e) 11.3%

Explanation:

Profit margin: Profit margin on sales can be defined as the proportion of earning or income or profit made by the company for each dollar of sales. It is always expressed in percentage (%).Assets: It can be defined as the resources owned by the organization which is capable of providing some future benefits. On the basis of duration of time assets are of two types which are Current Assets and Non-current Assets.  Sales: Sale of any goods or services can be made on a cash or credit basis. The amount receivable on sale can either be received immediately in cash or such a payment can be received at some future date.  Operating income: It refers to the income from business operations. It is calculated by deducting the fixed cost from contribution margin.

6 0
4 years ago
Volkswagen has signaled that it is going to stay the course in russia, despite current political and economic headwinds. why do
Olin [163]

In Volkswagen, part of the reason, I believe, that they stayed in Russia, is because Russia and Germany have, in many instances, combined military and political forces. For Russia, it's a pro to their economy because they are able to hire more people there. It is a con in the sense that it may cost Volkswagen more money to be there in Russia than what their income may total.

6 0
3 years ago
Oriole Company will receive $43000 today (January 1, 2020), and also on each January 1st for the next five years (2021 – 2025).
raketka [301]

Answer:

PV of the six year annuity =  $201,923.57  

Explanation:

<em>This is an example of an advanced annuity. A series of constant amount receivable for certain number of years with first one occurring immediately.</em>

Present Value of the annuity for the next five years=

A×  1- (1+r)^(-n)/r

A- annual cash flow, n- number of period, r-interest rate per period

A- 43,000, r- 11%, n- 5

=43,000× (1- 1.11^(-5))/0.11

=158,923.57

The first cash flow of 43,000 occurs immediately , hence it is already discounted. Hence the PV of the total cash flows would be the sum of the PV of the next five year cash flows and the one received now.

Hence,

PV = 158,923.57  + 43,000= 201,923.57  

PV of the six year annuity =  $201,923.57  

7 0
4 years ago
Assets = liabilities + owners' equity is the equation for information reported on the
Advocard [28]
<span>Assets = liabilities + owners' equity is the equation for information reported on the: Balance sheet

In accounting, balance basically represents a brief overview about what the company currently own.
Assets represent something valuable that the company own to conduct their operation, Liabilities represent the debt that they have to pay to other individual or entities, And owner equity represents how much ownership one person have from all the things that the company owns.</span>
3 0
3 years ago
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