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2 years ago

2 10 n 30 r.o.g. means the cash discount period ends :what that's mean ???

1 answer:

4 0

The letters r.o.g means receipt of goods so ten days from that date. Basically it means a beginning date of invoice or 10 days after the good are received

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When Carolina is in the grocery store buying milk for her children, she picks up a tube of toothpaste at the same time. The toot

yKpoI14uk [10]

A relatively inexpensive item that merits little shopping effort, is called Convenience product.

<h3>What is the Product?</h3><h3></h3>

Product refers to the finished goods or the material that has been converted from the raw material to fulfill the needs of the customer. There are four types of product i.e. convenience goods, shopping goods, specialty products, and unsought goods.

Convenience product is that type of the product which can be purchased with the minimal efforts because it is cheap in value and can be purchased frequently.

In the above case, Carolina picks up the toothpaste which is the example of the Convenience product.

Learn more about Convenience product here:

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1 year ago

Sue Bee Honey is one of the largest processors of its product for the retail market. Assume that one of its plants has annual fi

NNADVOKAT [17]

Answer:

$75 per case

Explanation:

Required: Selling Price per case

Sales – Variable cost – Fixed cost = Target desired profit

Sales = 800000 case x Selling Price (SP)

Variable cost = (800000 case x $40) + (800000 x SP x 25%)

Putting into equation:

Sales – Variable cost – Fixed cost = Target desired profit

(800000 x SP) – [(800000 x 40) + (800000 x SP x 25%)] - $8000000 = $ 5000000

>800000SP – (32000000 + 200000SP) – 8000000 = 5000000

>800000SP – 32000000 – 200000SP – 8000000 = 5000000

>800000SP – 200000SP = 5000000 + 8000000 + 32000000

>600000SP = 45000000

>SP = 45000000 / 600000

>SP = $ 75

3 0

2 years ago

Read 2 more answers

Company ABC reported the following: 1. Net Income: $110,000 2. Return on Sales (Net Income/Sales): 3.56% 3. Gross Profit Percent

Sergeeva-Olga [200]

Answer:

$2,266,123.60

Explanation:

As it is given

Return on sales = Net income ÷ Sales

3.56% = $110,000 ÷ Sales

So, the sales is $3,089,887.64

Now the Gross Profit percentage is

Gross Profit percentage = Gross profit ÷ Sales

26.66% = Gross profit ÷ $3,089,887.64

So, the gross profit

= $823,764.044

Now the cost of goods sold is

= Sales - gross profit

= $3,089,887.64 - $823,764.044

= $2,266,123.60

8 0

2 years ago

An automobile manufacturer learns about an ignition switch defect that may cause serious safety issues but rather than enact an

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Obstructionist Stance.

When an obstructive company crosses the line into unethical behavior, rather than doing the right thing they will obstruct or "block" attempts to point out the bad behavior or to fix the problem.

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2 years ago

Abbot laboratory is embarking on a sophisticated technology that requires special skills. to address this problem, the company h

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The answer to this question is Human resource manager
Human resource manager's responsible will include every human-related part of company's opreation, starting from hiring, training, performance monitoring, etc. To be able to excel in the job, Human resource manager has to have high-level communication skills and an ability to evaluate a person based on limited tells.

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2 years ago