Answer:
B. Marketing Management
Explanation:
Marketing management is a process in which the planning and execution of pricing, promotion, distribution, goods & services in order to exchange and satisfy the individual and organization goals & objectives. It also involved the marketing, sales and services
Therefore option b is correct
Answer:
B
Explanation:
just took the test<3
You have the following information for Waterway Industries for the month ended October 31, 2022. Waterway uses a periodic method for inventory.Date Description Units Unit Cost or Selling PriceOct. 1 Beginning inventory 70 $26Oct. 9 Purchase 125 28Oct. 11 Sale 95 40Oct. 17 Purchase 95 29Oct. 22 Sale 70 45Oct. 25 Purchase 80 31Oct. 29 Sale 105 45A) Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.)Weighted-average cost per unit______________B) Calculate ending inventory, cost of goods sold, gross profit under each of the following methods.(1) LIFO.(2) FIFO.(3) Average-cost. (Round answers to 0 decimal place, e.g. 125.)
Answer:
Waterway Industries
A) The weighted-average cost is $28.527
B) Ending Inventory, cost of goods sold, gross profit:
(1) LIFO (2) FIFO (3) Average-cost
Ending Inventory: $2,660 $3,060 $2,853
Cost of goods sold: $7,895 $7,495 $7,702
Gross profit: $3,780 $4,180 $3,973
Explanation:
a) Data and Calculations:
Date Description Units Unit Cost Selling Price Total
Oct. 1 Beginning inventory 70 $26 $1,820
Oct. 9 Purchase 125 28 3,500
Oct. 11 Sale (95) 40 $3,800
Oct. 17 Purchase 95 29 2,755
Oct. 22 Sale (70) 45 3,150
Oct. 25 Purchase 80 31 2,480
Oct. 29 Sale (105) 45 4,725
Oct. 31 Ending inventory 100
Total: Goods available 370 $10,555
Goods sold 270 $11,675
Weighted-average cost = Cost of goods available/Units available
= $10,555/370 = $28.527 per unit
Periodic method:
LIFO:
Ending inventory:
Oct. 1 Beginning inventory 70 $26 $1,820
Oct. 9 Purchase 30 28 840
Total Ending inventory = 100 $2,660
Cost of goods sold = Cost of goods available - Ending inventory
= $10,555 - $2,660 = $7,895
Sales Revenue $11,675
Cost of goods sold 7,895
Gross profit $3,780
FIFO:
Ending inventory:
Oct. 17 Purchase 20 29 $580
Oct. 25 Purchase 80 31 2,480
Total Ending inventory = 100 $3,060
Cost of goods sold = Cost of goods available - Ending inventory
= $10,555 - $3,060 = $7,495
Sales Revenue $11,675
Cost of goods sold 7,495
Gross profit $4,180
Average-cost:
Ending Inventory = $2,853 ($28.527 * 100)
Cost of goods sold = Cost of goods available - Ending inventory
= $10,555 - $2,853 = $7,702
Sales Revenue $11,675
Cost of goods sold 7,702
Gross profit $3,973
Pam always drives under the speed limit to her risk and keep insurance costs down. Even so, she got into an accident and filed a to cover the expenses of repairing her car. One of the costs of doing so was that her insurance would likely increase in the future.
answers:
1. reduce
2. claim
3. premiums
Answer:
1. reduce
2. claim
3. premiums
just realized u already knew the answers lol....
Answer:
reduce, claim, premiums
Explanation:
got it right on edge !! :)
Sheridan Beverage Company reported the following items in the most recent year.
Net income $49,000 Dividends paid 6,810 Increase in accounts receivable 13,660 Increase in accounts payable 8,660 Purchase of equipment (capital expenditure) 9,020 Depreciation expense 5,660 Issue of notes payable 22,020
Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in CashIssue Notes Payable Increase in Accounts Receivable Decrease in Accounts Payable Increase in Accounts Payable Purchase of Equipment Dividends Net Income Decrease in Accounts Receivable Depreciation Expense Compute free cash flow.Free Cash Flow $Brief Exercise 5-12 Keyser Beverage Company report
Answer:
Net cash provided by operating activities $49,660
Net change in cash $55,850
Explanation:
Computation for the Net cash provided by operating activities
Net income$49,000
Add Increase in accounts payable 8,660
Add Depreciation expense 5,660
Less Increase in accounts receivable (13,660)
Net cash provided by operating activities $49,660
Cash flow from investing activities
Less Purchase of equipment (capital expenditure) (9,020)
Cash flow from financing activities
Add Issue of notes payable 22,020
Less Dividend (6,810)
Cash flow from financing activities 15,210
(22,020-6,810)
Net change in cash $55,850
($49,660-9,020+15,210)
Therefore Net cash provided by operating activities will be $49,660 and the Net change in cash will be $55,850
Based on your understanding of the impact of macroeconomic factors, identify which of the following statements are true or false?
1. Countries with strong balance sheets and declining budget deficits tend to have lower interest rates.
2. When the economy is weakening, the Fed is likely to increase short-term interest rates. During the credit crisis of 2008, investors around the world were fearful about the collapse of real estate markets, shaky stock markets, and illiquidity of several securities in the United States and several other nations.
3. The demand for US Treasury bonds increased, which led to a rise in their price and a decline in their yields.
4. When the economy is weakening, the Fed is likely to decrease short-term interest rates.
Answer:
TrueFalseTrueTrueExplanation:
When an economy has a strong balance sheet and a declining budget deficit, it means that there is less need to borrow from the market which would keep rates lower.
When the economy is weakening, the Fed will try to stimulate it by engaging in actions that weaken short term interest rates so that people and businesses can borrow at lower cost and invest or buy goods and services.
When investors are worried about the riskiness of other financial assets, they usually come to safer assets like U.S. Treasury bonds so that they do not lose money and this is what happened in the credit crisis of 2008. More demand for the bonds led to a rise in their price.
D
Lee Associates borrowed $60,000. The company plans to set up a sinking fund that
will pay back the loan at the end of 12 years. Assuming a rate of 8% compöunded
semiannually, the amount to be paid into the fund each period is):
Answer: $ 153698.2499
Explanation:
60000(1+0.08/2)^24=153798.2499
Describe how the 4 functions of management (planning, Organizing, Leading and Controlling relate to each other
what is the difference between hire purchase and differed payment?
Explanation:
In deferred payment, the borrower will agreed to pay certain amount of money on the promised date. ... In hire purchase, the purchaser will be getting the belongings without paying the full price of the item. The purchasers would make down payment and the balance is paid in installments.
Explanation:
Hire purchase is a system by which one pays for a thing in regular installments while having the use of it but deferred payments are payments that are completely or partially postponed for financial reasons
Assume that you are 25 years old today, and that you are planning on retirement at age 65. You expect your salary to be $55,000 one year from now and you also expect your salary to increase at a rate of 3% per year as long as you work. To save for your retirement, you plan on making annual contributions to a retirement account. Your first contribution will be made on your 26th birthday and will be 12% of this year's salary. Likewise, you expect to deposit 12% of your salary each year until you reach age 65. Assume that the rate of interest is 5%.
The future value (FV) (at age 65) of your retirement savings is closest to:________
a. $1,091,733.20
b. $1,246,723.80
c. $988,452.90
d. $1,225,821.20
Answer:
FV= $1,246,723.8
Explanation:
To calculate the future value of this growing annuity, we need to use the following formula:
FV= A*{[(1+i)^n - (1+g)^n] / (i-g)}
A= annual deposit= 55,000*0.12= 6,600
i= 0.05
g=0.03
n= 40 years
FV= 6,600* {[(1.05^40) - (1.03^40)] / (0.05 - 0.03)}
FV= $1,246,723.8