What is the most important consideration when planning your budget?

Given the following information, what is Macy’s market capitalization? Annual Sales $27.5B Annual Net Income $1.5B Earnings Per

Andrew [12]

Answer:

D) $21.6B

Explanation:

Market capitalization equals the total number of outstanding share multiplied by the sare price, therefore:

Market Capitalization = 360,000,000 shares x $60 price per share

= $21,600,000,000

Thus, the total market capitalization is $21.6 billion

5 0

4 years ago

"As described by Oberg, in the ________ stage of culture shock the expatriate and his or her family members come to understand a

exis [7]

Answer:

The correct answer is letter "C": gradual adjustment.

Explanation:

Canadian anthropologist Kalervo Oberg (1901-1973) defined Cultural Shock as the process by which individuals culture crash against a new culture being introduced implying feelings such as anxiety, confusion, and impotence as a result of the cultural difference.

According to Oberg, there are four (4) stages in the Cultural Shock: the honeymoon; the crises or cultural shock phase; the gradual adjustment and recovery phase; the adaptation, resolution or acculturation phase.

In the gradual adjustment and recovery phase, the foreign culture starts to make sense and negative reaction to the unusual decreases. Problems do not end in this stage but individuals react positively to them. The foreign language is learned during this phase.

3 0

3 years ago

Which of the following directly generates revenue for a business?

BartSMP [9]

Answer:

Assets is the answer. A is correct

7 0

3 years ago

Read 2 more answers

A consumer charges a $2,530. 16 purchase on their credit card. The card has a daily interest rate of 0. 42%. If the consumer pay

aleksandr82 [10.1K]

Answer:

C. $31.88 is the correct answer.

Explanation:

8 0

2 years ago

Bain Corporation makes and sells state-of-the-art electronics products. One of its segments produces The Math Machine, an inexpe

pochemuha

Solution and Explanation:

Part a:

Revenue 5000 multiply 6.6 33000

Unit Level Variable Cost:

Material Cost 5000 multiply 2.7 -13500

Labor Cost 5000 multiply 1.2 -6000

Manufacturing Cost 5000 multiply 1.2 -6000

Shipping and Handling 5000 multiply 0.3 -1500

Sales Commission 0

Contribution Margin 6000

Should be accepted as it will increase profitability by $6000

Part b1&b2: Cost to Make Cost to Buy

Material Cost 40000*2.7 108000

Labor Cost 40000*1.2 48000

Manufacturing Cost 40000*1.2 48000

Prod Supervisor Salary 72000

Purchase Cost 40000*6.72 0 268800

Total Cost 276000 268800

Should purchase from outside as cost is lower than making it

Part b3:

Cost to Make Cost to Buy

Material Cost 60000 multiply 2.7 162000

Labor Cost 60000 multiply1.2 72000

Manufacturing Cost 60000*1.2 72000

Prod Supervisor Salary 72000 72000

Purchase Cost 60000*6.72 0 403200

Total Cost 378000 475200

Should make in house as cost is lower

Part c: It should not be eliminated.

Elimination will decrease profitability by $72000 which is being allocated company wide facility exp. Before Allocation, actual profit is (168000-24000-72000)=$72000

Loss is because of allocation of facility expenese, which will be allocated on other segment.

5 0

4 years ago