Answer: B. Break Even Analysis
Explanation:
Total quality management (TQM) is a management strategy that emphasizes a continuous, organization-wide effort to maintain quality customer service and satisfaction. TQM’s ultimate goal is to foster customer loyalty by delivering a level of service that will keep customers coming back again. A TQM strategy requires consistent feedback from employees and customers to determine how services and products can be improved across the entire organization.
Answer:
4.5
Explanation:
Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.
Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.
Annual sales of a manufacturing company ![=\$180,000](https://tex.z-dn.net/?f=%3D%5C%24180%2C000)
Inventory ![=\$40,000](https://tex.z-dn.net/?f=%3D%5C%2440%2C000)
Inventory turnover ratio for the company = Sales/Inventory
![=\frac{180,000}{40,000} =4.5](https://tex.z-dn.net/?f=%3D%5Cfrac%7B180%2C000%7D%7B40%2C000%7D%20%3D4.5)
Answer:
B) 20.0%
Explanation:
2005:
Sales: 15,000,000
COGS: (12,000,000)
SG&A: <u>(500,000)</u>
EBIT 2,500,000
2006:
Sales: 20,000,000
COGS: (16,000,000)
SG&A: <u>(1,000,0000)
</u>
EBIT 3,000,000
Growth rate = ((3,000,000 - 2,500,000) / 2,500,000 ) x 100 = (500,000 / 2,500,000 ) x 100 = 20%
Answer: Highly doubtful.
Explanation:
U.S. sugar protection policies save producers in the U.S. billions of dollars so those companies continually lobby for the government to keep up the policies.
A company such as Jelly Belly is not influential enough to fight off the various sugar interests unless there are other players like Jelly Belly in the game. The text makes no mention of them however so it must just be Jelly Bean and they do not have the influence to get the government to reverse policy.
Answer:
1. Physical control
2. Segregation of duties
3. Pre-numbered documents
4. Segregation of duties
5. Establishment of responsibility
Explanation:
1. As this shows that someone locked cash in safe, so this will be physical control.
2. As this shows the division of duties among employees, so this will be segregation of duties.
3. As this shows documents are pre numbered so it comes under pre-numbered documents.
4. As this shows the division of duties for bookkeeper, so it comes under segregation of duties.
5. This shows the responsibility of any work on a person, so this will be establishment of responsibility.