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Zigmanuir [339]
3 years ago
8

3m is a master of the __________ pricing strategy. according to a 3m manager, "we hit fast, price high, and get the heck out whe

n the me-too products pour in."
a. penetration
b. cost-plus
c. roi
d. market-oriented
e. skimming
Business
1 answer:
Alex777 [14]3 years ago
5 0
E


I hope this helps and have a wonderful day filled with joy!!


<3
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On May 1, 2022, Skysong, Inc. had beginning inventory consisting of 250 units with a unit cost of $6. During May, the company pu
natulia [17]

Answer:

Gross profit = $4,305

Explanation:

<em>The average cost per unit  is the total cost of the goods available for sale divided by the total units of goods available</em>

Average cost  per unit=

= (250× 6)  + (490 × 6) + (740 at $7 )/ (250 +490 + 740)

=$6.5

Cost of golds sold = 1,230 ×6.5 = 7995

Gross profit = Sales Revenue - Cost of goods sold

                     = (1230 × 10) -  7,995

                     = $4,305

6 0
3 years ago
What is the goal of materials handling? a. Minimize length of time product is held in storage b. Minimize time spent sorting del
artcher [175]

Answer:

d. Minimize the number of times a product is handled

Explanation:

Material handling is the process by which products are passed from different stages of production and delivery before getting to the consumer.

Since material handling is an essential activity in production businesses plan to reduce cost on this activity.

The best way to reduce handling cost is to reduce the number of time a product needs to be handled.

That is reducing to the barest minimum the touch points in process like sorting, moving, preparing, and storing products

3 0
3 years ago
Sheridan Corp. paid a dividend of $2.30 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for
qaws [65]

Answer:

$24.15

Explanation:

The formula for determining is the present value of a cash flow in perpetuity provided below:

share price=last dividend*(1+terminal dividend growth rate)/(required rate of return-terminal dividend growth rate)

last dividend=$2.30

terminal dividend growth rate=5%

required rate of return=15%

share price=$2.30*(1+5%)/(15%-5%)

share price=$2.415 /10%

share price=$24.15

6 0
3 years ago
The Rose Co. has earnings of $1.40 per share. The benchmark PE for the company is 15. What stock price would you consider approp
77julia77 [94]

Answer:

$21

Explanation:

The earning per share of Rose Co. is $1.40

The benchmark PE of the organization is 15

We are required to find which stock price would be most appropriate

Therefore, the stock price can be calculated as follows

Stock price= Benchmark PE×Earning per share

= $1.40×15

= $21

Hence the stock price that would be considered appropriate is $21

5 0
4 years ago
Hotel California Hotel California is a luxury hotel which has just got a new manager, Rocky. Given its location and quality, the
harkovskaia [24]

Answer:

Hotel California

a) The cost of reserving too little by one, (the underage cost) Cu

= $100

b) The cost of reserving too much by one, (the overage cost) Co =

= $200

c) The optimal service level

= 0.33

d) The number of rooms that should be reserved for last-minute customers, Q

= 3

Explanation:

a) Data and Calculations:

Charges per room per night (purchase cost) = $200

Charges for last-minute requests per room per night (selling price) - $300

Value of unsold reserved rooms (Salvage value) = $0

Minimum of last-minute customers, Min = 1

Maximum of last-minute customers, Max = 10

a) The cost of reserving too little by one, (the underage cost) Cu = Selling price - Purchasing cost

= $300 - $200

= $100

b) The cost of reserving too much by one, (the overage cost) Co = Purchasing cost - Salvage value

= $200 - $0

= $200

c) The optimal service level = Cu/Co+Cu

= $100/$200 + $100

= $100/$300

= 0.33

d) The number of rooms that should be reserved for last-minute customers, Q

= Cu/Co+Cu (Max - Min) + Min

= 0.33 * (10 - 1) + 1

= 0.33 * (10)

= 3

7 0
3 years ago
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