Account paper

(b) How many units will Yabba have to sell next year in order for it to achieve the same profit that it did this year?

The other board members are worried that the new strategy may “damage the brand, undermine the pricing architecture, and impair margins” The new cheaper, non-conforming Elevate golf ball would be priced at $27 per dozen, which is more than “40% below the company’s flagship Victor TX line” and is targeted at recreational and beginner golf

In our second assumption, instead of using the cost of goods per cases in 1986, we try to use the percentage it counts in the total expenses which is 50.4% and to find the sales needed to break-even. The detail of the calculation is shown in the answer for questions d. The result is that 95,635, a little bit higher than the estimated sales of 90,000.

3) Assuming a 15% operating income return target on the beginning investment, what sales level is needed to hit this target?

The partners must do additional analysis prior to determining if they should invest in a new miniature golf venture in Golden City. Before establishing marketing objectives, advertising and promotional programs, plans for addressing demand fluctuations and considering alternate locations, they must determine if they can generate sufficient sales to fund operations. They have done market research which provides a good baseline for establishing the demand, course capacity and anticipated costs. Once they have analysed this data and established that the business is financially viable, they can address advertising, demand and location questions by developing a marketing strategy.

The revenue is $600,600*1.2= $720,720. The variable cost changes as sales increases and fixed cost stays the same, the gross profit is $175,500. After tax, the net income is $100,557.

Goal 1b has not been achieved and still, 300 million workers are living below the poverty line. The global employment to population ratio which is the amount of working age people who are employed in the world has only fallen from 62% in 1991 to 60% in 2015. This shows very little change. The 2% fall was affected by the global economic crisis from 2008 to 2009, and the aftershocks. Since 1991 there has been a drop of 10% in the amount of men and women aged 15-24 who are employed. From 5/10 employed in 1991 to 4/10 employed in

A personal statement, otherwise called a self-portraying account paper, is a critical piece of the school application process. It gives an approach to share how occasions throughout your life have molded who you are. College confirmations officers increase profitable understanding, past your evaluations and state sanctioned test scores, from your own announcement. Verify your own announcement takes after a coherent succession of occasions and contains a presentation, body and conclusion.

b) markup price if the company desires a 10% return on sales- unit cost/(1 – desired return on sales) $59/(1 - .10) = $65.56

New golfers increased from 1.5 million to 3 million between 1988 and 1998, but most of them quit due to increased cost of playing which went up by nearly 50%, unavailability of courses and time involved in playing. The global premium equipment market declined post 1998 due to various reasons like decreased demand, Asian economic turmoil and saturation of product in the market place. To CGC’s benefit the competition on golf equipment

Since we have allowed the customer to personalize their order online we are going to use mass customization for the online orders only. We will decide the inventory that will be on hand for the store fronts and those will continue to be manufactured when the order form is ready to be filed out for that store. Mass customization production can give us an advantage over our competitors because you can select what you want and we will produce it and ship it right to your house. Since we only have two Tomorrows’ Golf stores we are expecting most of the sales we do to be online orders. Since Dick’s and Golf Galaxy will carry some of our products sales will be coming from both their stores and online orders that are transferred to us.

3- As we can see the company would loss 0.52 cent per 1 kg if it decides to sell at 6.85 price and allocates the fixed expenses at 1.20 per 1 kg.

b. The president expects sales to increase by 20% next year. By what percentage should net operating income increase?

What are the firm 's income tax liability and its after-tax income? Round your answers to two

John’s new online business, Recycledgolfballs.com, will need to include online payment options. Building an online business requires multiple payment options to help your local customer, to the international buyer paying with multiple different currencies. Recycledgolfballs.com now takes credit cards, PayPal, e-checks, and is now offering gift cards. Along with accepting new payment options comes with securing and making your customer feel safe also. With the addition of new payment options John will also feature one of the most essential e-commerce tools, the shopping cart.