Due to the industry’s heavy reliance on word-of-mouth, it is assumed that the brochures will result in low conversion. However, it would help to increase Elite’s awareness within its desired market. If 20% of initial customers sign up one friend by the end of the first year, the water bottles and t-shirts would have an ROI of 2.07%. This would result in an additional $5,760 in sales.
Element of Strategy Strategic Choice Rationale Target market Software in home educational its what the public Marketing segment of microcomp. industry. wants (edu. software), atari/commodore 64; Branding growing industry, little competition in edu. software Distribution direct sales force, sell directly to one of biggest assets, cheaper large retailers than offering 5% commission Manufacturing 13 ppl.
Activity 1a To: Asha Patel, Accounts Receivable Clerk From: Kelly Wright, Corporate Accountant CC: Mark Wallace, Chief Financial Officer Date: January 14, 2016 Re: Asha’s Financial Statement Notes Your first attempt at generating the financial statements is commendable. I have outlined and included an analysis and recommendation to deal with each
2. Is there evidence of disparate impact against African Americans in the decisions that were made? On what basis did you arrive at this position? Illustrate how the “80 percent rule” can be used with the data in Exhibit 3.2.1 and whether there was a violation of this rule.
(c) Made sales of $1,300, all on account. Cash 0/ Net Income 1300 (d) Received $800 from customers in payment of their accounts. Cash 800/ Net Income 800
What if the speakers were drop-shipped from Logitech for an online Apple-store order? The following exhibits for Apple, Inc. are given as handouts in class: Consolidated Statements of Operations Consolidated Balance Sheets Consolidated Statements of Shareholders’ Equity Consolidated Statements of Cash Flows. APPLE INC. Note 1 - Summary of Significant Accounting Policies (excerpts) Revenue Recognition Net sales consist primarily of revenue from the sale of hardware, software, digital content and applications, peripherals, and service and support contracts. The Company recognizes revenue when persuasive evidence of an arrangement exists, delivery has occurred, the sales price is fixed or determinable, and collection is probable. Product is considered delivered to the .customer once it has been shipped and title and risk of loss have been transferred. For most of the Company's product sales, these criteria are met at the time the product is shipped. For online sales to individuals, the Company defers revenue until the customer receives the product because the Company legally retains a portion of the risk of loss on these sales during transit. The Company recognizes revenue from the sale of hardware products (e.g., Macs, iPhones, Wads, iPods and peripherals), software bundled with hardware that is essential to the functionality of the hardware, and third-party digital content sold on the
“On the night of October 1, 2017, Sunday at Route 91 Harvest country music festival at 10:05 pm shots fired in Las Vegas Strip in Paradise, Nevada.” (Lombardo, 2017). Seemingly Las Vegas longest horrific ten minutes has recently had, news around the world stated that Stephan Paddock was solemnly capable of committing such massacre. Uncovered evidence can be proven to the contrary, that one man was capable of injuring 546 and killed 59 solemnly within ten minutes. One could see this act not of a one-man but more like a two-man job, with the other man getting away and is yet to be identified.
I. The Circuit court of St. Clair County would have personal jurisdiction over Backside because it waived its right to object the court’s jurisdiction
When you place an order online, the issuing bank of your credit card places an authorization on the account as soon as you click the "Submit" button. This temporary authorization may remain on your account for up to 10 business days, depending on your issuing bank.
After a 30 minute hold, which I was forced to waste my time with because I needed to access my funds the same day, I was informed that the hold placed on my account was in fact not temporary, but they have
Answer: False Rationale: Revenue will be recognized as soon as the merchandise is sold but only for the portion that the company estimates will not be returned within the 60-day return period. The estimated returns are netted against sales and set up as a liability (reserve).
With the rapid evolution and expansion of the Indian retail environment, Madura F&L’s ability to morph in response to market demands and consumer needs is nonnegotiable. Engaging and managing their workforce is highly important as success within the retail industry is directly correlated to supporting a consistent brand image and providing a superior customer experience. With broadly distributed locations and employee base, it is crucial that consistent standard operating procedures be established and implemented to facilitate their ambitious expansion plans. To address this issue, Madura F&L should implement a cloud platform such as Wooqer to achieve operational effectiveness while enabling flexibility and real time collaboration to
EXECUTIVE SUMMARY Revenue Recognition and Wareham SC Systems, Inc. Wareham SC Systems, Inc. is a capital equipment and testing instrument manufacturer and supplier comprised of three divisions: the Glendale Division, the Advanced Technology Division and the Technical Devices Division (Anthony, Hawkins, & Merchant, 2011, p. 137). In 1999, Somai Desai,
SAB 104 lays down the following conditions that should all be fulfilled to enable revenue recognition in cases on non-delivery of goods: (1) The risks of ownership need to have been transferred to the purchasers, (2) The customers have made commitments, preferably written, to procure the goods, (3) The purchasers call for the ‘bill and hold’ transactions, (4) The buyers should be
Overview The Waterview is a snack bar located on a full season resort in the Muskoka District. The resort had made multiple changes of ownership in recent years and the present owners are attempting to restore the resorts highly regarded reputation. The resort had suffered from the deterioration of quality and service that led to the loss of loyal customers due to staff not meeting the high expectations of their patrons. Currently there is a poor working relationship between Rebecca Boddington, the newly promoted assistant operations manager and Michael Welland, a long time summer employee, who had been promised a supervisory position. Additionally, Boddingtons manager Mark Humphries the corporate operations and sales manager spends very