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3 years ago

13

Galena is a new agent for a financial services company. She decides to join the local chamber of commerce, the local association

of businesswomen, and the local chapter of the United Way organization. Galena is attempting to use

1 answer:

Angelina_Jolie [31]3 years ago

8 0

The answer is networking, if there’s more to it then it’s networking to generate leads.

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The explicit forecast period must be long enough for the company to reach a steady state the point at which we calculate the con

Mamont248 [21]

Answer: E) The company expects a constant weighted average cost of capital.

Explanation: The explicit forecast period in most organisations are usually made between five to about fifteen years,this is to ensure that enough timeline is given to effectively capture all the necessary information to do proper forecast.

The only option that is not a desirable feature of the steady state is that. The company expects a constant weighted average cost of capital. All other options are desirable feature because they have positive impact on the business and will make a good forcast.

8 0

3 years ago

Erin Brushwood sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue $

Anna [14]

Answer:

A) 32,090 cookies

B) $ 0.5665336

C) 32.938%

<em>Questions:</em>

A) If Erin sells her cookies for $1.72 each, how many cookies did she sell during the month?

B) Contribution margin per cookie

C) Contribution margin ratio

Explanation:

A) sales revenue / sale price per unit

55,194 / 1.72 = 32.089,53

B) and C)

variable cost:

manufacturing 28,232

selling 8,908 x 20% = 1.781,6‬

administrative 11,516 x 60% =<u> 6.909,6‬ </u>

Total variable cost: 37.014,2‬

Contribution Margin: 55,194 - 37,014.2 = 18.179,8‬

Contribution Margin Ratio 18,179.8 / 55,194 = 0,329380 = 32.938%

Contribution Margin per cookie:

$1.72 x 32.938% = 0,5665336

5 0

3 years ago

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its rela

Vera_Pavlovna [14]

Answer:

Total Quality Management (TQM)

Explanation:

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is <u>Total Quality Management (TQM)</u>

Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.

There are several tools used in total quality management (TQM):

Continuous improvement.
Six Sigma.
Employee empowerment.
Benchmarking.
Just-in-time.
Taguchi concept.
Knowledge of TQM tools.

8 0

3 years ago

On January 1, year 8 Harper Co. finances the purchase of equipment by issuing a $15,000 non-interest-bearing note payable. The n

ioda

Answer: $11583

Explanation:

The amount that Harper Co. should report the equipment on its balance sheet dated December 31, year 8 will be calculated thus:

= Amount of annual instalment × PV of ordinary annuity of $1 at 5% for 10 periods

= (15000/10) × 7.72173

= 1500 × 7.72173

= 11582.595

= 11583

Therefore, the amount will be $11583

7 0

3 years ago

Kentucky, Inc. purchases and sells widgets. The following information summarizes thecompany's operating activities for theyea

igomit [66]

Answer:

$16.9 per widget

Explanation:

Given that,

Beginning inventory = $2,500

Purchases = $156,000

Ending inventory = $38,200

Sales Revenue = $783,000

Selling and Administrative Expenses = $5,400

Total cost of the 7,100 widgets:

= Beginning inventory + Purchases - Ending inventory

= $2,500 + $156,000 - $38,200

= $120,300

Therefore,

Cost of one widget = Total cost of the 7,100 widgets ÷ Number of widgets

= $120,300 ÷ 7,100

= $16.9 per widget

5 0

4 years ago