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According to the enotes, what do you call inventory that is readily available on the retail shelf?

Tems11 [23]

Market Inventory is the inventory that is readily available on the retail shelf. Both the products that are on hand for sale and the raw materials required to make those products are considered inventory. On the balance sheet of an organization, it is categorized as a current asset. A business should generally avoid keeping a large volume of inventory on hand for an extended period of time.

The three different categories of inventory are raw materials, finished commodities, and work-in-progress. The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory. As items are produced or acquired as needed, inventory management enables organizations to reduce inventory expenditures.

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8 0

2 years ago

Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that

MariettaO [177]

Answer:

<u>Budgeted Income Statement for each of the four quarters and for the entire year</u>

Quarter 1st 2nd 3rd 4th

Sales $4,738,000 $5,069,660 $5,323,143 $5,536,069

Cost of Sales ($2,132,100) ($2,281,347) ($2,395,414) ($2,491,231)

Gross Profit $2,605,900 $2,788,313 $2,927,729 $3,044,838

Operating Costs ($1,421,400) ($1,520,898) ($1,330,786) ($1,107,214)

Operating Profit $1,184,500 $1,267,415 $1,596,943 $1,937,624

Explanation:

Pay attention to the calculation of the following amounts :

Sales - These are based on increments per quarter
Cost of Sales - The Cost for quarter is at 45% of Revenue
Operating Costs - Based on Sales amounts ( 30 % in the first two quarters , 25% in third and 20% in the 4th quarter.)

6 0

3 years ago

g For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjustin

lesya692 [45]

Answer: a clear, distinctive, and desirable understanding of their products relative to competing products.

Explanation:

Marketing mix is regarded as the foundation model for every business as it's based on the product, the price, place, and also promotion. Marketing mix is the marketing tools sets used in pursuing the marketing objectives of s company.

For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjusting their marketing mix variables in order to give customers a clear, distinctive, and desirable understanding of their products relative to competing products.

4 0

3 years ago

How do I quit my job as cashier already wrote resignation letter

Fudgin [204]

Dont walk up to ur boss n dont say nun n jus walk out dat mf yo

4 0

3 years ago

Read 2 more answers

In a multinational corporation (MNC) where the locus of decision making is decentralized, decisions are:

Gre4nikov [31]

In a multinational corporation (MNC) where the locus of decision making is decentralized, decisions are made at the top management level.

<h3>What is multinational corporation?</h3>

multinational corporation serves as one that has different level of management.

Multinational companies are usually involvea in international trade taking into consideration the

political as well as cultural differences into account.

Examples of these corporation are:

Coca-Cola
Philip Morris's Marlboro brand
Pepsi

In this case, decisions are made at the top management level in other to achieve the goals of the organization because they do operate outside their country.

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6 0

2 years ago