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2 years ago

Revenue and expense data for Bluestem Company are as follows:

Business

1 answer:

LUCKY_DIMON [66]2 years ago

3 0

Answer and Explanation:

The preparation of a comparitive income statement, with vertical analysis, stating each item for both years as a percent of sales is prepared below with the help of the attached spreadsheet:-

The formula that we have used is shown below:-

Gross profit percent = Gross profit / Sales revenue

Cost of goods sold percent = Cost of goods sold / Sales revenue

and in a similar way operating expenses items.

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Type the correct answer in the box.

igomit [66]

Targeting strategy is the strategy you following if you are concentrating on serving a particular segment of customers better.

<h3><u>Explanation:</u></h3>

Customer segmentation, targeting and position is the major things that are to be concentrated in making the products to move well in the market. segmentation refers to the grouping of customers based on certain characteristics such as demography,age,gender,etc. Customer segmentation is followed by the targeting strategy.

Targeting refers to the advertising activities and other services for only a certain segments. For example the product called kinder joy only targets on the children segment. It only identifies certain segment and focuses on it to better serve that particular segment.

8 0

2 years ago

A U.S. firm buys merchandise today to a Japanese company for ¥100,000,000. The current exchange rate is ¥110.58/$, the account i

-Dominant- [34]

Answer:

d. transaction loss; $3,695

Explanation:

Calculations:

Today ¥110.58 can be exchanged by $1

<h3>US firm to pay today = 100,000,000/110.58 = 904322.66</h3>

US firm had to pay $904322.66 today.

US firm chooses to pay three months after the transaction and do not uses any hedging technique.

Three months later on settlement date ¥110.13 can be exchanged by $1, so less ¥ can be exchanged now than three months ago ( ¥110.58). Now US firm would incur transaction loss. Translation loss/gain occurs when balance sheet of a firm is converted from one currency to another.

<h3>US firm to pay 3 months later = 100000000/110.13 = 908017.79</h3>

US firm to pay $904322.66 three months later

<h3>Transaction gain/loss = $904322.66 - $908017.79 = -$3695.13 </h3>

So US firm incurs loss of $3695.13, rounded off to $3695

6 0

2 years ago

Congratulations, you are a millionaire. No, the Delaware Lottery office did not call. However, an officer from Bank of America h

nevsk [136]

<u />

<u>Answer:</u>

$207,021

<u />

<u>Explanation:</u>

The balance on the account at the end of the year 2020 is $1,000,000

The question asks us to calculate the balance on the account at the end of the year 1970, which is exactly 50 years ago.

We would simply discount the $1,000,000 by using an interest rate of 3.2%

$PV_{1970}$ = $\frac{1000000}{(1 + 0.032)^{50} }$ = $207,021

<u></u>

<u>Answer:</u>

$17,892.88

<u>Explanation:</u>

We have the value at year 1970 which is $207,021

Now to calculate the annual payment (PMT) we would plug the following values in the financial calculator,

PV = 0

N = 10

FV =207021

I/Y = 3.2

PMT = ?

PMT = $17,892.88

https://www.calculator.net/finance-calculator.html?ctype=contributeamount&ctargetamountv=207021&cyearsv=10&cstartingprinciplev=0&cinterestratev=3.2&ccontributeamountv=1000&ciadditionat1=end&printit=0&x=102&y=11

4 0

2 years ago

The VP of Marketing directs you to begin looking at markets for Powerfully Fit's products: "Assuming that we focus on the desire

yawa3891 [41]

Options:

a) Gym Newbie: This largest market is new to fitness and working out. Gym newbies work out once a week and are price sensitive about their fitness spending.

b) Weekend Warriors: This large market works out 2-3 times a week and mixes up running with gym time. Weekend warriors typically purchase mid-level shoes and apparel and use a fitness app on their phone to track their workouts.

c) Marathon Madness: This mid-size market works out daily. Workouts often include long distance runs. Quality, durable products are attractive to this market, and marathoners are willing to pay premium prices to get the latest tech.

Answer:

Explanation:

The VP of Marketing has directed you to search for a target market that values fitness technology functionality and are willing to pay for it. Gym newbies and weekend warriors might value the functionality but can get similar products at a lower costs since their needs are very basic.

You need people that workout constantly and for long periods of time. This type of clients really need high quality and durable products, so they are willing to pay for them. These guys and girls are not going to go around running and watching their cellphones, they are trying to improve their performance, not to worsen it. They are constantly looking for ways to be better athletes and train harder, and any help they can get is very valuable for them.

4 0

2 years ago

Steel mill inc. Makes steel forms of substandard quality. Tower building company has never bought or used a steel mill form, but

rjkz [21]

The best ground on which the defendant ( Company S ) can dismiss the suit filed by the plaintiff (Company T) is the standing to sue.

<h3>What is standing to sue?</h3>

Standing to sue refers to a situation where the plaintiff who has filed the case must prove with appropriate proof of having damages or injuries in respect of the conduct of the defendant.

In the provided case, Company T has to prove that the products of Company S are actually defective through appropriate evidence. If Company T can't able to prove their alleged claim before the court, then the case is decided in the favor of the defendant party, that is, Company S.

Therefore, the standing to sue can be used as a ground by Company S for dismissing the claim of Company T.

Learn more about the standing to sue in the related link:

brainly.com/question/14820416

#SPJ4

4 0

1 year ago