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Virty [35]
3 years ago
9

Costco is able to keep costs down and offer low prices thanks to a no-frill shopping experience for its 64 million members. They

offer around 4000 different products and do take into consideration customer preferences. After realizing the popularity of organic food products, Costco quickly stocked more of these items and created an initiative to help farmers buy land to grow organic crops. How does Costco prioritize efficiency and responsiveness
Business
1 answer:
34kurt3 years ago
7 0

Answer:

Costco is following Customer Oriented Strategy in the business.

Explanation:

Costco offers around 4000 different products to its 64 million members. Costco is now planning to stock more of organic products as the popularity for these products among its customers in gaining significance. Costco has also planned to help farmers to grow organic farms which will benefit the Costco customers. This is customer oriented strategy because Costco is focusing on the needs of its customers.

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Free cash flow (FCF) and net income (NI) differ in the following ways:
alexandr402 [8]

Answer:

c.  I, II, and III only

Explanation:

As we know that

Free cash flow = Earnings before Interest and Taxes ×  (1-Tax Rate) + Amortization and Depreciation expense - Change in Net Working Capital -Capital Expenditure

And, the Net income is determined after considering all cash and non cash expenses.

Therefore, I, II and III statements are considered

Hence, the option c is correct

6 0
3 years ago
Straight Industries purchased a large piece of equipment from Curvy Company on January 1, 2019. Straight Industries signed a not
Damm [24]

Answer:

$30,604

Explanation:

The computation of the interest expense for the year 2020 is as follows:

2019 interest expense is

= Equipment amount × rate of interest

= $311,967 × 9%

= $28,077

The Dec 31 2019 liability of book value is

= $311,967 + $28,077

= $340,044

Now the interest expense for the year 2020 is

= $340,044 × 0.09

= $30,604

3 0
2 years ago
Research has found that employees whose managers participated in leadership training programs reported ________ afterwards.
Allushta [10]

Research has found that employees whose managers participated in leadership training programs reported higher levels of organizational commitment afterwards.

<h3>Why is leadership development crucial for a company?</h3>

Managers and leaders are often encouraged through leadership skills training to: Discover fresh, creative approaches to managing and developing people.create fresh business chances.

Take on the bigger socioeconomic problems they are facing.

<h3>How might leadership abilities enhance work performance?</h3>

Effective leaders are ready to encourage their team, handle and assign tasks, hear criticism, and have the pliability to address issues in a workplace that is always evolving.

These are the qualities that hiring managers search for in candidates for leadership positions.

Learn more about leadership:

brainly.com/question/1232764

#SPJ4

5 0
1 year ago
Pink Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for t
Kruka [31]

Answer:

$21,000

Explanation:

Preparation of income statement

Income statement of Pink Arrangements for the year ended December 31, 2018.

REVENUE:

Service Revenue 84,000

Less EXPENSE:

Insurance Expense (2,500)

Utilities Expense (1,500)

Rent Expense (12,000)

Salaries Expense (47,000)

NET INCOME 21,000

Therefore the Income statement of Pink Arrangements for the year ended December 31, 2018 will be shows the amount of $21,000

4 0
3 years ago
Darlene Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Darlene Company issued checks t
Pie

Answer:

b. $18,000

Explanation:

The computation of outstanding checks is shown below:-

Outstanding checks as of the end of July = Start with outstanding checks as of June + Amount of checks issued in July - Amount of checks that cleared in July

= $5,400 + $38,900 - $26,300

= $44,300 - $26,300

= $18,000

Note, The $300 check was issued by a customer, not Darlene.

So, for computing the outstanding checks as of the end of July we simply applied the above formula.

4 0
3 years ago
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