Based on the information given the amount of the cost of goods sold is:$278,240.
<h3>Cost of goods sold</h3>
Using this formula
Cost of goods sold=(1-Gross profit percentage)×Net sales
Let plug in the formula
Cost of goods =(1-.20)×$347,800
Cost of goods sold=.80×$347,800
Cost of goods sold=$278,240
Inconclusion the amount of the cost of goods sold is:$278,240.
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Answer:
reorder point= 39 units
Explanation:
given data:
Annual demand = 2240 units.
No of days = 320
lead time is 4 working days
As we know,
Reorder point= Lead time demand + Safety stock
Lead time demand = Average daily usage * lead time
Average daily usage = \frac{Annual demand}{No of days operating in year
}
average Daily usage = \frac{2080}{320}= 6.5 units per day.
Lead time demand = 6.5* 4 = 26 units.
Safety stock = 2 days of average demand
= 2*6.5 = 13 units.
Hence reorder point= 26 + 13= 39 units.
Answer:
50% discount
Explanation:
We have the formula
price = marginal cost*(E/(E + 1)
)
We are given the following:
price per unit item = $10
elasticity of demand, E = -3 for coupon users
marginal cost MC = ?
Hence
10 = MC * (-3/(-3 + 1))
10 = MC * 1.5
MC = 10 / 1.5 = 6.67
So, the appropriate discount that can be given is
price - marginal cost = 10 - 6.67 = $3.33 per box
OR 3.33 / 6.67 = 50% discount over cost.
Answer:
Overcomes barriers to entry in another county.
Explanation:
Cross border acquisitions: Buying assets for your company in another country.
- Most companies tend to relocate itself beyond the border to get the idea of international market, and gain a competitive advantage for themselves in their domestic market.
- The primary reason for a company to relocate is, getting an entry in the market of of another company which looks profitable. By acquisition the barriers would be gone.
Answer:
currency offset
Explanation:
In simple words, An alternative means taking an opposing part in the stock markets in comparison to an initial starting position. In company, an offset may relate to the situation where damages arising from one business segment are compensated for by profits from another.
Within the financial markets, a investor joins an analogous, but contrary, contract to cover a futures contract that excludes the actual underlying delivery obligations. Thus, we can conclude that the given case illustrates offset settings.
