Direct costs that are the result of a firm's general operations and are not linked to any particular cost object ulgn İhi
Q: classification of taxes
A: Taxes can be broadly classified into two categories namely Direct taxes and Indirect Taxes. Direct…
Q: explain What is total cost ownership? base on this image
A: Introduction:- Total Cost of Ownership is a concept i.e. used to evaluate the direct and indirect…
Q: What Is Legal Authority and Personal Liability of the PurchasingManager?
A: Purchase manager is a person who manages the purchases of the organization and keeps a track of the…
Q: Explain how sales and purchasing can help each other by establishing a good relationship
A: All of the selling and buying of goods and services takes place in the sales department. Salespeople…
Q: Define product
A: The term used in the question is commonly used in the study of Economics and Marketing, so let us…
Q: A dress is currently on sale for $53.49. If the markdown percent is 23%, what was the original price…
A: * Let the original price be X $ * The markdown percent given is 23 % * The dress is currently…
Q: characteristics of Taxation
A: Taxation is the process of imposing and collecting the process of taxes from the public by the…
Q: tangible and intangible costs with the use of examples.
A: Costs that are tangible Tangible prices are directly related to products that have already got…
Q: what is the purpose of the Depreciation-by-Use Method?
A: Depreciation by use method, viz units of production method, that are used if the output recieved…
Q: "plus HOW does the existence of a Surplus Product create conflict?
A: Surplus product is basically that product, which is extra or additional than the required product.
Q: what is purchasing management
A: Purchasing decisions straightforwardly affect a business' inventory control and the administration…
Q: is directed towards the finarbuyers ...........
A: A pull strategy is involved in a personal selling and sales promotion that attract the customer and…
Q: Giving examples, distinguish between the traditional and contemporary purchasing structures
A: Purchasing plays an important role in the operational functioning of any business. Purchasing is…
Q: Explain the use of cost management information in each of the four functionsof management and in…
A: Management is the science and art of doing things for others and helping to accomplish the goals by…
Q: Nonmanufacturing costs are composed of two elements: marketing costs and administrative costs.…
A: Nonmanufacturing overhead costs are expenses that are not related to product costs. These expenses…
Q: Wholesale and retail credits definition and give examples and illustrations
A: Wholesaling is the practice of purchasing items in bulk from a manufacturer at a reduced price and…
Q: Fixed costs ________ as the number of units manufactured induces.
A: Total fixed costs remain the same, within the relevant range. However, the fixed cost per unit…
Q: Select the correct "rights" of purchasing.
A: We will give a brief overview of the purchasing rights are The Right Quality The Right Quantity…
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A: Introduction: Marketing system: Marketing system is also known as distribution methods and these…
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A: Mainly, overseas business is business across national boarders. Overseas business involves various…
Q: . Carefully explain what is happening in thee following markets. Indicate the impart if any on…
A: In the first image there is a normal conversation between the man and the women as the man is asking…
Q: Explain why material management is impor
A: Talking about material management then, material management is the most important component for…
Q: Name three professional cost management organizations and explain their roles and objectives
A: Cost management: It is basically a process of estimating, budgeting, and controlling costs with the…
Q: Compare and contrast analogous, parametric, and bottom-up methods of estimating costs.
A: The analogous method can refer to estimating a current project's cost by using similar past project…
Q: Diffferintiate Informal and formal business in selling price , cost of sales and Labour cost
A: The full forms of CP and SP is Cost Price and Selling Price, respectively. The cost price of goods…
Q: True or False 1. Natural rights are the rights that nature teaches each man that he has according…
A: 1. Natural rights are defined as to the rights which are given to all humans, simply for the sake of…
Q: What informa tion is contained in a bill of ma teria l?
A: A bill of materials often called BOM is nothing but an extensive index of the different things such…
Q: means to determine the true cost of industry.
A: The True Cost is a 2015 narrative movie coordinated by Andrew Morgan that centers around quick…
Q: Understand why it is so important for purchasing to act in an ethical manner, and identify the risks…
A: Purchasing has an overwhelming impact on the bottom line of every organization and impact on the two…
Q: Define the terminventory.
A: Inventory is the materials such as raw materials, finished products, in-process goods that are…
Q: Demonstrate the Kraljic Purchasing Model in procurement
A: Procurement includes activities such as obtaining raw materials to convert them into finished…
Q: Describe how cost information supports important management activities including product pricing,…
A: Introduction:- The practice of forecasting, assigning, and monitoring and managing expenditures is…
Q: Explain how to conduct external analysis.
A: Analysis means to study or examine something. In business, analysis is done of the environment to…
Q: Discuss the potential situations in which purchasing professionals might be guilty of conflflict of…
A: Giving and receiving gifts, family and personal relationships, investments, and the utilisation of…
Q: Indicate the date of the first deficit that occurred during the contracting period. *
A:
Q: Explain why optimal profits should occur when marginal cost equals marginal revenue.
A: The additional money generated for producing one unit of any commodities is known as marginal…
Q: Create a list of the most critical responsibilities that should be separated during the sales and…
A: Where it comes to merchandise shipping, as well as processing purchase orders and invoicing goods,…
Q: Briefly describe each of the following, and explain how it is used in technical analysis: a.…
A: Technical analysis is carried out to assess and evaluate investments and other opportunities by…
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
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- Rahman, the Internal auditor of Al-Hind LLC recommends to the top management about the need for using stock tracking software to ensure effective store management. Which of the following statement holds true about the above statement? a. It’s an Example of Whistle blowing since it is an internal matter of the business b. It’s an example of whistle blowing since it is to protect the company’s best interest c. It’s an example of Whistle blowing since it is reported to the top Management d. It is not an example of Whistleblowing since there is no wrongdoing reportedSessler Manufacturers made two announcements concerning its common stock today. First, the company announced that the next annual dividend will be $1.75 a share. Secondly, all dividends after that will decrease by 1.5 percent annually. What is the maximum amount you should pay to purchase a share of this stock today if you require a 14 percent rate of return?Better Days Ahead, a charitable organization, has a standing agreement with First National BankThe agreement allows Better Days Ahead to overdraw its cash balance at bank when donations are running lowIn the past. Better Days Ahead managed funds wisely and rarely used this privilegeJacob Henson has recently become the president of Better Days. To expand operations, Henson acquired office equipment and spent large amounts on fundraising During Henson's presidency, Better Days Ahead has maintained a negative bank balance of approximately 10,000 What is the ethical issue in this situationI State why you approve or disapprove of Henson's management of Better Days Ahead Funds
- Katmir is a manufacturer of mattresses in Kordofan Sudan. The company is 100 percent owned by the Alnashar family and all of the management are related to the founder, El Hussein Alnashar, who all employees refer to as “Honored Boss.” Honored Boss does not trust accounting records and only has an outside accountant (who is his nephew) come to the factory for the last two weeks of every second month to do a physical inventory, put together financial statements, and do tax estimates. For some time, Honored Boss has been looking for a buyer for his company because he wants to retire and he does not trust any of this children or relatives to run the company. Centaur Sleep Products of Cairo has shown an interest in purchasing the company. Centaur wishes to send an audit team to Katmir to do a physical inventory and review the books. Required: In determining what time the auditors should go to the Katmir factory to do their procedures, they consider such matters as: (1) the…PT. Alakishia has been operating in Jakarta for more than 10 years. Aries is one of the employees who is responsible for recording transactions in the purchasing department when ordering raw materials from suppliers. Once, Wilson as the party who made the payments and received the invoices, resigned from the office, so for the moment everything was in Aries' charge. Jenni as COO of PT. Alakitashia really trusts Aries because by seeing the contribution of Aries for a long time, it is also due to the close friendship between them, thus leaving the work entirely and the internal control to Aries itself. This has caused a lack of segregation of duties, so that since it was fully managed by Aries, the number of purchases has increased and it can be seen how the expenses are higher than before, so it is feared that fraud could occur. In addition, Aries has also collaborated with all suppliers and the production department to harmonize the transaction record in the form of the number of units…A. Sellers grant credit to customers: a. During periods of high interest rates to reduce the overall cost of capital (WACC) and to increase return on assets b. When granting credit is a low-cost addition to the value proposition relative to other alternatives c. When the seller does not want new customers d. When the seller wants to increase its marketing costs B. Which from the following list is NOT a primary cost of granting credit to customers: a. The cost of managing credit and credit collections b. Some customers will not pay c. The cost of carrying the receivables d. Advertising costs C. Matching the credit period to the buyer’s cash cycle time makes purchasing from the seller: a. Less attractive for the buyer b. Increases the elasticity of buyer demand c. Does not impact attractiveness for the buyer d. More attractive for the buyer
- Midland Transmissions and Axels Inc. has been a very successful business catering to the light duty trucking industry for the past 11 years. Financial records show that for every year, except the first year, the actual grow rate exceeded the sustainable growth rate by 10 to 15 per cent yearly. The company is now faced with the need to quickly raise $60 million dollars in order in business. Old Dominion Bank and Bonds, Inc. a leading bank chartered in Hamilton, Ontario, is threatening Midland and Transmissions, that as a result of their defaulting on a $500 thousand payment o their secured $25 million long-term bond indenture, they probably will go to court to force bankruptcy proceedings. Midland Transmissions financial vice-president Gloria Knumbers, assures the company they could easily be able to sell $50 million of new common stock, since their financial condition is basically good. Old Dominion Bank and Bonds has agreed that if Midland and Transmissions could raise $50 million by…Which of the following procedures will best detect the theft of valuable items froman inventory that consists of hundreds of different items selling for $1 to $10 and afew items selling for hundreds of dollars?(1) Maintain a perpetual inventory master file of only the more valuable items withfrequent periodic verification of the validity of the perpetuals.(2) Have an independent CPA firm prepare an internal control report on the effectiveness of the administrative and accounting controls over inventory.(3) Have separate warehouse space for the more valuable items with sequentiallynumbered tags.(4) Require an authorized officer’s signature on all requisitions for the more valuableitems.Level 3 Credit risk management: a. Optimises the allocation of capital to achieve the maximum income from capital b. Integrates credit risk management into the operations of a company. c. Improves capital allocation to transactions. d. Improves the velocity of capital when employed to manage credit risk.
- A company has $500 million in total assets, $10 million in notes payable, and $45.6 million in long-term debt. What is the debt ratio?You own Athleticon, which manufactures athletic wear. Your new contract with Atlanta United, a professional soccer team, allows Athleticon to be the sole suppler of athletic wear with the “Atlanta United” logo. No one lese can manufacture athletic wear with the “Atlanta United” logo. What do you think will be Athleticon’s level of profitability on the sale of “Atlanta United” athletic wear? Explain why. Your contract with Atlanta United only lasts 3 years. It was not renewed. Other firms can now manufacture athletic wear with the “Atlanta United” logo 2. What would you expect to happen to the price of “Atlanta United” athletic wear? Explain why.Hubbard Industries just paid a common dividend, D0, of $1.30. It expects to grow at a constant rate of 3% per year. If investors require a 10% return on equity, what is the current price of Hubbard's common stock? Do not round intermediate calculations. Round your answer to the nearest cent. Carlysle Corporation has perpetual preferred stock outstanding that pays a constant annual dividend of $1.20 at the end of each year. If investors require an 8% return on the preferred stock, what is the price of the firm's perpetual preferred stock? Round your answer to the nearest cent.$ per share Assume today is December 31, 2013. Imagine Works Inc. just paid a dividend of $1.10 per share at the end of 2013. The dividend is expected to grow at 18% per year for 3 years, after which time it is expected to grow at a constant rate of 5.5% annually. The company's cost of equity (rs) is 9.5%. Using the dividend growth model (allowing for nonconstant growth), what should be the price of the…