1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KIM [24]
2 years ago
8

Payton Inc. r reports in its 2017 annual report 10-K, sales of $8,180 million and cost of goods sold of $3,272 million. For next

year, you project that sales will grow by 3% and that cost of goods sold percentage will be 1 percentage point higher. Projected cost of goods sold for 2018 will be:___________
A. $3,304 million
B. $3,813 million
C. $3,454 million
D. $3,370 million
E. There is not enough information to determine the amount.
Business
1 answer:
jek_recluse [69]2 years ago
5 0

Answer:

C. $3,454 million

Explanation:

Calculation to determine what the Projected cost of goods sold for 2018 will be:

2018 Projected cost of goods sold = [(8,180*1.03)*(3,272/8,180)+1%)]

2018 Projected cost of goods sold = (8,425 * (0.40+1%)

2018 Projected cost of goods sold= 3,454 million

Therefore Projected cost of goods sold for 2018 will be: $3,454 million

You might be interested in
Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?
FromTheMoon [43]

Answer:

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

B. Compatibility.

Explanation:

Marketing can be defined as all the activities aimed at improving a business product to potential customers with the aim of improving the company's market share. Most companies use marketing as a tool to improve their sales. It is mostly crucial in companies that want their new product to be adopted by their potential customers. For this to happen, the following factors have to be considered;

1. Complexity

Complexity can be defined as the ability of the potential customers to understand your product. The marketing of the product should be in simple and clear language that will easily be understood by most customers. The product should also be easy to use in the customer's daily life. It has been know that the more complex a product is, the harder it will be for the customers to adopt it.

2. Compatibility

Compatibility can be defined as the rate at which the product being offered aligns well with market values and expectations. The more compatible the product is to the market the faster the product will be adopted.

6 0
3 years ago
An unfavorable materials quantity variance indicates that: select one:
Verizon [17]
<span>c. actual usage of material exceeds the standard material allowed for output.</span>
3 0
3 years ago
Stewart inc.'s latest eps was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-ass
Vikki [24]
<span>80,000 people who traveled to the West in search of riches</span>
4 0
3 years ago
The maturity models presented in this chapter all demonstrate that: a. Project management maturity is an ongoing process based o
Lostsunrise [7]

Answer:

a. Project management maturity is an ongoing process based on continuous improvement.

Explanation:

Maturity models are a prospering approach to improving a company's processes and business process management capabilities. It measures the ability of an organization for continuous improvement in a particular discipline.

Project management maturity models are used to: compare practices against an industry standard, define a systematic route for improving project management practices and evaluate current project management practices.

From the above, we can conclude that the maturity models presented in this chapter all demonstrate that Project management maturity is an ongoing process based on continuous improvement.

6 0
3 years ago
Read 2 more answers
When a firm pursues a(n) ___________, it sells the same products or services in both domestic and foreign markets.
vladimir1956 [14]

When a firm pursues a(n)  localization strategy, it sells the same products or services in both domestic and foreign markets.

Multinationals choose from four basic international strategies: (1) international, (2) multinational, (3) global, and (4) transnational. These strategies differ between the two strains. 1) Focus on low cost and efficiency, and 2) Respond to local culture and needs.

A company can obtain its three main benefits by successfully deploying a foreign markets strategy: (1) increased market size, (2) economies of scale and learning, and (3) location advantages. I can. Greater market size is achieved by expanding beyond the company's home country.

Multinational Corporation chooses from their three basic international strategies: (1) multidomestic, (2) Global, and (3) Transnational. These strategies differ in their focus on achieving global efficiencies and addressing local needs.

Learn more about foreign markets at

brainly.com/question/20860719

#SPJ4

4 0
10 months ago
Other questions:
  • The Seller holds security deposits in the amount of $1,000 from each of six tenants. On the settlement sheet:
    9·1 answer
  • Explain the role of an entrepreneur in the economy
    13·1 answer
  • What is another way of referring to workers and factory owners? socialists and democrats the people and the patricians labor and
    7·1 answer
  • When a person places him or herself in a position in which he or she might be exploited by another, and does so willingly with t
    5·1 answer
  • Compulsory education restricts whose freedom?
    13·1 answer
  • Is the time it takes to fly from city upper a to city upper time it takes to fly from city a to city b discrete or? continuous?
    11·1 answer
  • Elon Musk is the product architect who developed the famous Tesla electric car. This car is one of several ideas and businesses
    6·1 answer
  • What term refers to the process used to produce a good or service, such as using a robotic device to assemble cars? open opportu
    8·1 answer
  • You've never had a job so decided that it's time to start applying. When filling out
    13·1 answer
  • A company faces two kinds of risk. An example of a firm-specific risk is the risk that a competitor might enter its market and t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!