Answer: Income Statement
Explanation:
An income statement lists financial projections in the following format: Income includes all revenue streams generated by the business. Cost of goods, includes all the related to the sale of products in inventory, Gross profit margin is the difference revenue and cost of goods.
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Answer:
The EOQ is 516 Units
Explanation:
Solution
Given that:
The product demand weekly is = 258 units
Standard deviation = 75 units
The cost of ordering is = 75
The time from receipt ordering = 3 weeks
The cost of procurement is = $10
The annual inventory cost (carrying ) is = 10%
Now,
The expected demand is = lead time demand * the lead time demand in weeks
= 258 units * 2 weeks = 516 Units
-My Example-
Answer:
Mia's Glazed Donut Shop
Explanation:
1. Business Description
Mia's Glazed Donuts specializes on gluten-free donuts. There is no chance of cross-contamination for anyone with celiac illness or gluten allergies because we only sell gluten-free donuts.
2. Company Description
The bakers who make the dough, fry, and glaze the donuts are the most important personnel. Customers' orders are handled by the cashiers at the cashier register. The store manager ensures that the store runs efficiently and that each transaction receives high-quality customer service.
3. Target Market
Individuals with celiac disease or gluten allergies are the target market for Mia's Glazed Donut Shop. There are few gluten-free breakfast alternatives in the Boston region, especially one that serves donuts. It's challenging to make gluten-free donuts with a fluffy consistency and texture. We've mastered our doughnut recipe and 10 different glaze formulations in our gluten-free kitchen.
4. Products and Services Line
We have ten different glaze options for gluten-free donuts. Our donuts are $2.10 each, and our freshly brewed coffee is $3.05.
<u>Answer:</u> Option C
<u>Explanation:</u>
International expansion is a strategy where the organizations enter into global markets for the benefit of making quick profits and business development in new segments. Omega Inc can fix higher prices when their products provide a greater value to the customers in that foreign market.
In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.
