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AnnZ [28]
3 years ago
9

Calculate revenue. Revenue is the quantity sold times the price for the product. The quantity sold will be the smaller of the qu

antity supplied or the quantity demanded. (You can't sell more than you are willing to make even if the market demands a higher quantity. Likewise you can't sell more than is demanded even if you are willing to supply more than the quantity demanded.) You will need to calculate which of these values is smaller because quantity demanded will be smaller than quantity supplied for some prices, but not others.
Business
1 answer:
ira [324]3 years ago
3 0

Answer:

Revenue for Smart Suiting is $521,306.

Explanation:

Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.

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A city council has requested a household survey be conducted in a suburban area of their city. the area is broken into many dist
Simora [160]

The answer is<u> "2. cluster sampling."</u>


Cluster sampling alludes to a kind of sampling technique . With cluster sampling, the scientist partitions the populace into isolated gatherings, called groups. At that point, a basic random sample of clusters is chosen from the populace. The analyst leads his investigation on information from the inspected clusters.  

Contrasted with simple random sampling and stratified sampling, cluster sampling has points of interest and disservices. For instance, given equivalent example sizes, group testing normally gives less accuracy than either simple random sampling or stratified sampling. Then again, if travel costs between clusters are high, cluster sampling  might be more practical than alternate strategies.

8 0
3 years ago
When writing a sales message in which price is an issue, what can you do to reduce resistance? Check all that apply.
arsen [322]

Answer:

The correct answer is letter "C": Compare your prices favorably with those of a competitor.

Explanation:

At the moment of the purchase, consumers are quality and price given in their decisions making. Most of them, are likely to give up on some of the additional features of a certain good or service towards another because of the differences in the price. So, while giving a sales message where the price is an issue and if our price is favorable in contrast to the competitors, it must be highlighted to attract the consumer's attention and preference.

7 0
3 years ago
Your primary motivation for investing is for tax savings.<br><br> A. True<br> B. False
eimsori [14]
That would be true :)
4 0
3 years ago
According to the Harvard business review article titled, “The new new product development game”, what does it mean to create bui
Levart [38]

Built-in instability refers to a product-development technique that relies on uncertainty and challenging goals. Managers give their teams a task with very little direction or instruction, and hope that this will cause employees to think more creatively about how to solve the problem or design a solution.

6 0
3 years ago
A candy manufacturer uses 8,280 pounds of sugar in 30 working days. The lead time for sugar is 10 days. Safety stock is 3 days'
Dimas [21]

Answer :

Stock reorder point is 3588 pounds

Step-by-step explanation :

Stock Reorder Point = ( Lead time × Average daily sales ) + Safety stock

We are given, lead time = 10 days , total sugar consumption is 8280 pounds in 30 days

\implies Average\thinspace daily\thinspace sales=\frac{Total\thinspace sugar\thinspace consumed}{No.\thinspace of\thinspace days}\\\\\implies Average\thinspace daily\thinspace sales=\frac{8280}{30}=276\thinspace pounds

Safety stock = 3 days per usage

\implies Exact\thinspace amount\thinspace of\thinspace safety\thinspace stock=3\cdot Average\thinspace daily\thinspace sales = 3\cdot 276 = 828\thinspace pounds

Now, Reorder point is given by :

Stock\thinspace Reorder\thinspace Point = ( Lead\thinspace time \cdot Average\thinspace daily\thinspace sales ) + Safety\thinspace stock\\\implies Stock\thinspace Reorder\thinspace Point = 10\cdot 276\thinspace +\thinspace 828 = 3588\thinspace pounds

Hence, Stock Reorder Point = 3588 pounds


8 0
3 years ago
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