All categories

2 years ago

Which of the following statements about buying centers is true?

Business

1 answer:

sveta [45]2 years ago

3 0

Answer:

E) The buying center may involve informal participants who are not obvious to sellers.

Explanation:

Buying center can be regarded as a

decision-making unit that is responsible for how some members of an organization that are partaking in buying process of a particular product/services come together. They are groups of people that are involved in purchasing decisions making in an organization, and they can be regarded as professional buyers. This concept came to light by Robinson and Farris

It should be noted that buying center may involve informal participants who are not obvious to sellers.

You might be interested in

The ALG Manufacturing Company has gathered the following information for the month of September:• 6,000 units in the beginning W

mars1129 [50]

Answer:

C. 66,000

Explanation:

Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred

Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000

Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion

EUP = 50,000 + 16,000 * 100 = 66,000

4 0

3 years ago

Culver Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 108,000 1 94,000 2 63,000 3 73,000

kakasveta [241]

Answer:

Culver Company

Production Budget for 2022:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Unit sales 108,000 63,000 73,000 118,000 362,000

Ending inventory 12,600 14,600 23,600 18,800 18,800

Total units available 120,600 77,600 96,600 136,800 380,800

Beginning inventory 21,600 12,600 14,600 23,600 21,600

Production units 99,000 65,000 82,000 113,200 359,200

Explanation:

a) Data and Calculations:

2022 2023

Quarter Units Quarter Units

1 108,000 1 94,000

2 63,000

3 73,000

4 118,000

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1

Unit sales 108,000 63,000 73,000 118,000 94,000

Beginning inventory 21,600 12,600 14,600 23,600 18,800

Ending inventory 12,600 14,600 23,600 18,800

Production Budget for 2022:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Unit sales 108,000 63,000 73,000 118,000 362,000

Ending inventory 12,600 14,600 23,600 18,800 18,800

Total units available 120,600 77,600 96,600 136,800 380,800

Beginning inventory 21,600 12,600 14,600 23,600 21,600

Production units 99,000 65,000 82,000 113,200 359,200

6 0

2 years ago

7. Valuing semiannual coupon bonds Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual paymen

Maurinko [17]

Answer:

A = $698,494.97 is the right answer.

And Assuming that interest rates remain constant, the T-note’s price is expected to Increase.

Explanation:

A. $698,494.97

B. $593,720.72

C. $838,193.96

D. $440,051.83

Solution:

First we need to see which among the four options is the correct value.

For that we need to find the rate:

Rate = Yield to Maturity/2

Yield to Maturity = 11%

So,

Rate = 11/2

Rate = 5.5%

Now, we need to find the Nper ( Number of periods for the loan)

Nper = 5 x 2 = 10 years.

Nper = 10 years

Now, we need to find PMT which is a financial function used to calculate the amount to be paid for the loan based on constant payments and interest.

PMT = (3%/2) x par value

PMT = (3%/2)x 1,000,000

PMT = 15000

Now, For future value, we have par value.

So,

Par Value = Future Value = FV = 1,000,000

Now, we have to find the PV = Present Value or the price of the bond.

For this we need to use PV function on excel.

Formula:

Price = - PV(Rate, Nper, PMT, FV)

Plugging the values in Excel like this and we get:

Price = -PV (5.5%,10,15000,1000000)

Price = $698,494.97

Hence, A = $698,494.97 is the right answer.

And Assuming that interest rates remain constant, the T-note’s price is expected to Increase.

4 0

2 years ago

Costco is an example of _______ warehouse. Group of answer choices Hub and spoke system Assortment Spot stock Break bulk

Ivanshal [37]

Answer:

Hub and spoke system

Explanation:

Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.

They aim to reduce warehousing cost for small and medium scale businesses.

In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.

It is also called the master feeder structure.

Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.

This system reduces the travel time and therefore is more efficient with lower cost

4 0

2 years ago

Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savi

8090 [49]

Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.

<h3>Why should Savion sell the car?</h3><h3 />

The profit if he works on the car is:

= Selling price - Addtional work cost

= 5,800 - 2,400

= $3,400

The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.

The $4,000 is irrelevant as it is a sunk cost.

Find out more on sunk costs at brainly.com/question/13695005.

#SPJ1

7 0

1 year ago