Answer:
his contribution margin is $75750
Explanation:
given data
buys = $460
sell = $750
sales commission = 5%
store rent = $7000
pay for staff = $1800
to find out
what would be his contribution margin
solution
contribution margin is express as
contribution margin = sales - sales commission - cost of good sold .........1
put here value
contribution margin = 300 × 750 - ( 300 × 750) 5% - 300 × 460
contribution margin = 75750
so his contribution margin is $75750
Answer:
A) create greater efficiency in making goods available to target markets
Explanation:
While producers usually focus on getting raw materials at efficient cost and optimize the production process in a bid to stay profitable, intermediaries such as wholesalers and distributors are usually engaged to ensure that the products are properly distributed and available in the target market of consumers.
Intermediaries usually bring the goods from the producer to the consumer through the intermediaries distribution networks.
Explanation:
All good!! What about you.. friend?
Answer:
The answer is 245 days
Explanation:
The average collection period is the average number of days a business use to collect its accounts receivable. The number of days a business used to collect its business affects its liquidity as fewer days to collect these receivables are good for the business.
The formula is:
(Accounts receivables/Sales) x 365 days.
Accounts receivable - $7,183.
Sales ----------------------- $10,700.
Therefore, we have
($7,183/$10,700) x 365 days
245 days
clarify positions and reporting relationships within the firm will be Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart.
What is a consulting firm?
A consulting firm is an organisation made up of specialists in a certain area who provide firms with problems they can't handle internally with expert advice, direction, and workable solutions. Every business will inevitably run into issues, and consulting firms are hired to help.
Executives typically contact consulting companies to send consultants—industry experts who are sent to watch and assess a company's operations. Consultants provide direction and practical answers to whatever issues the organisation may be facing. Companies use consulting firms to provide their knowledge on issues that cannot be resolved internally. These firms typically have specialised areas of emphasis.
Learn more about Consultants here:
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