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DanielleElmas [232]
3 years ago
11

Jorge is a manager at Starbucks. His operational plan includes achieving annual sales of $4,000,000 for his store. With only one

month left to end of the fiscal year, Jorge realizes that he won't reach his annual sales goal. What are his options?
Business
1 answer:
sergey [27]3 years ago
6 0

Answer:

He must consider promotions to achieve higher sales to achieve the targets. To do this he must assess whether his branch is able to handle this increased sales and that promotional cost doesn't outweighs the benefits arising from the increased sales. Jorge must also polish the sales team's behaviour with the customer and must provide its customers with a pleasant environment which increases the appetite of their customers.

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On January 1, James Industries leased equipment to a customer for a five-year period, at which time possession of the leased ass
nexus9112 [7]

Answer:

James Industries

The amount of the annual lease payments is:

= $207,878.86.

Explanation:

a) Data and Calculations:

Cost of equipment = $830,000

Normal sales price = $830,000

Residual value after 5 years = $200,000

Interest rate = 8%

Lease period = 5 years

From an online financial calculator:

Loan Amount  830000

Loan Term  5  years

Interest Rate  8

Results:

Payment Every Year   $207,878.86

Total of 5 Payments   $1,039,394.29

Total Interest   $209,394.29

Lease Payment Schedule:

Period    PV                      PMT                      Interest           FV

1           $830,000.00     $-207,878.86   $66,400.00    $-688,521.14

2            $688,521.14     $-207,878.86    $55,081.69  $-535,723.98

3          $535,723.98     $-207,878.86    $42,857.92  $-370,703.04

4          $370,703.04     $-207,878.86    $29,656.24  $-192,480.42

5          $192,480.42     $-207,878.86     $15,398.43  $0.00

6 0
3 years ago
A buyer has $20 to spend on rice and beans. Rice costs $2 and beans cost $3 per pound. The buyer is buying the combination of 4
Rainbow [258]

Answer: Buy more of both rice and beans

             

Explanation: Marginal benefit refers to the additional benefit that a customer get by consuming one additional unit of a commodity.

In the given case, the marginal benefit for the customer is positive for both of the goods.  Also if he chooses to but one more unit of anything in place of other than he will not able to use his budget properly.

Thus, from the above we can conclude that the correct option is C.

3 0
2 years ago
Colleen Matthews had just turned 22 when her hard work finally started to pay off. Six months earlier Colleen graduated from a s
const2013 [10]

Answer:

Prosecutors of this case can use the net worth method to determine the extent these executives have been receiving  illegal incomes by computing their wealth at the beginning  and at the end of the period under investigation.

There will be an increase in the executives wealth, and since this increase cannot be traced to any legal income source, it will become taxable income, with the calculated penalties and fines.

Explanation:

The net worth method specifies that any increase in wealth, which is not traced to non-taxable sources, should be determined as a taxable income for the period under review.  Ordinarily, the net worth is the difference between assets and liabilities.  Since the executives use the money personally at their convenience, this will increase their personal wealth.

5 0
2 years ago
A marketing manager decides what combination of variables is needed to satisfy customers' needs for a general type of product. W
VMariaS [17]

Answer:

a. ​Product, price, distribution, and promotion variables

Explanation:

As a customer requires various attributes of the product, that is for which the customer will not compromise in, these include:

The product needed, as for the customer is hungry he shall ask for a pizza, now pizza is a product.

The price of the product, if the price is in the budget of the customer he shall buy it else he shall not buy it.

Distribution associated with it basically the method in which it will be distributed, the packaging extracts.

Promotion variables includes extra benefits like offered with the product, cash backs as for example, etc:

8 0
3 years ago
he 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6 million, and the 2018 balance sheet showed long
Cerrena [4.2K]

Answer:

The firm’s 2018 operating cash flow, or OCF is  $1,470,000

Explanation:

For computing the operating cash flow, we have to use the formula of cash flow from assets which is shown below

= Operating cash flow - net capital spending - changes in working capital

where,

cash flow from assets = cash flow to creditors + cash flow to shareholders

                                     = $5,000 + $60,000

                                     = $65,000

And, the other item would remain same

Now put these values to the above formula  

So, the value would equal to

$65,000 = Operating cash flow - $1,450,000 - (-$85,000)

$65,000 = Operating cash flow - $1,450,000 + $85,000

So, the operating cash flow = $1,470,000

5 0
3 years ago
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