The amount of cash received from customers during the reporting period if its net sales are $73 million is $82 million.
Using this formula
Cash Received from Customers = Net Sales + Decrease in Accounts Receivable
Where:
Net sales=$73 million
Decrease in Accounts Receivable=$9 million
Let plug in the formula
Cash Received from Customers=$73 million+$9 million
Cash Received from Customers =$82 million
Inconclusion the amount of cash received from customers during the reporting period if its net sales are $73 million is $82 million.
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1.Why is knowledge of consumer behavior important to the marketer?
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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Carey Company owns a plot of land on which burried toxic wastes have been discovered. Since it will require several years and a considerable sum of money before the property is fully detoxified and capable of generating revenues, Carey wishes to sell the land now. It has located two potenital buyers. Buyer A, who is willing to pay $480,000 for the land now, or Buyer B, who is willing to make 20 annual payments of $75,000 each, with the first payment to be made 5 years from today. Assuming that the appropraite rate of interest is 9%, wo whom should Carey sell the land. Show calculations.
Answer:
Carey should accept buyer A's offer
Explanation:
we need to compare the present values of both proposals:
Present value of proposal A = $480,000
Present value of proposal B:
present value of annuity in 5 years = $75,000 x 9.1285 (PVIFA, 9%, 20 periods) = $684,637.50
present value (today) = $684,637.50 / (1 + 9%)⁵ = $444,967.40
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next ten years, because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $13.50 per share 11 years from today and will increase the dividend by 5.25 percent per year thereafter. The required return on the stock is 13.25 percent.1. What is the price of the stock 10 years from today?2. What is the current share price?
Answer:
1. The price of the stock 10 years from today is $150 per share.
2. The current share price is $43.22 per share.
Explanation:
1. What is the price of the stock 10 years from today?
To calculate this, the dividend growth model formula is used as follows:
P = D1 / (r - g) ............................ (1)
Where,
P = Stock price 10 years from today = ?
D1 = Dividend 11 years from today = $13.50
r = required return = 13.25%. or 0.1325
g = dividend growth rate = 5.25%, or 0.0525
Substituting the values into equation (1), we have:
P = $13.50 / (0.1325 - 0.0425)
P = $150
Therefore, the price of the stock 10 years from today is $150 per share.
2. What is the current share price?
This can be calculated using the present value formula as follows:
Current share price = P / (1 + r)^Number of years = $150 / (1 + 0.1325)^10 = $43.22
Therefore, the current share price is $43.22 per share.
In the Construction version of the Confined Space Entry
Standard, a "Multiple Employer Site" can include blank and a host employer
a "Host Employer".
A. a "Controlling Contractor" (general contractor)
B. "Entry Employers" (subcontractors)
C. "Controlling Employers"
D. Both A and B are correct.
and
The right response is D. A and B are both true.
A "Multiple Employer Site" in the Confined Space Entry Standard for Construction can have both a "Entry Employer" (subcontractor) and a "Controlling Contractor" (general contractor). A "Host Employer" is likewise regarded as a component of the multiple employer site. As a result, both choices A and B are accurate.
Marketing strategy of strepsils company
Answer:
InstallCourses
SWOT ANALYSIS ›FMCG ›
Strepsils SWOT Analysis, Competitors, STP & USP
Published by MBA Skool Team, Last Updated: April 20, 2020
SWOT analysis of Strepsils analyses the brand by its strengths, weaknesses, opportunities & threats. In Strepsils SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Strepsils to benchmark its business & performance as compared to the competitors. Strepsils is one of the leading brands in the FMCG sector.
The table below lists the Strepsils SWOT (Strengths, Weaknesses, Opportunities, Threats), top Strepsils competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Which of the following is an Installation Commander/Agency Head responsibility?
They are in charge of all aspects of installation security, such as law enforcement, traffic control, physical security, data security, and information systems security.
As a Counterintelligence Special Agent, you will conduct investigations, gather and analyze physical and forensic evidence, and prepare the necessary countermeasures to eliminate threats from foreign intelligence and international terrorism.
The COS directs and coordinates the staff, allowing the Commander to concentrate on leadership, giving direction and intent, and building and strengthening relationships based on trust with partners, subordinates, and higher HQs. The importance of terms of reference document that outlines the essential staff members' and leaders' duties and responsibilities.
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Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?
a.
the origins of Santa Claus in different cultures around the world
b.
abstinence: the best protection
c.
read at least 20 minutes a day
d.
staying in school is cool
Answer: d. staying in school is cool
Explanation:
An elementary school has children who have grown past childhood but have not yet reached teenagerhood. Persuasive topics for them would therefore have to be tailored to their level of understanding.
Based on the options, the best would be to teach them to stay in school. The origins of Santa Claus is for their juniors and abstinence is for their seniors as well as reading 20 minutes a day. Staying in school is great for their age as it instils the values of education at a time they can understand it.
Determine where each piece of information is located on a check.
signature line
date
routing number
account number
personal information
check number
memo line
Example of a check. Look at the image I attached.
The rate of car in India is also rising due to inflation occured due to rise of 5. The USD is rising quickly relative to the Indian rupee (INR). Will an Indian company that imports cars made in the United States find that car prices in INR will rise or fall? Explaidollars over indian rupees
The rate of car in India is also rising due to inflation occured ---------. The Indian company that imports cars made in the United States find that car prices in INR will rise because the U.S. dollars are also rising relative to Indian rupee.
What is Inflation?Inflation is a persistent rise in prices of commodities and services. Inflation leads to decline of purchasing power of the people over time.
Inflation is mostly classified into three types: demand-pull inflation, cost-push inflation, and built-in inflation. The most commonly used inflation indexes are the Consumer Price Index and the Wholesale Price Index.
The rate of car in India is also rising due to inflation occured ---------. The Indian company that imports cars made in the United States find that car prices in INR will rise because the U.S. dollars are also rising relative to Indian rupee.
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As it realates to computers/software; Why is it important to become a creator and not just a user?
Answer:
The answer is d
Explanation:
your welcome
Suppose a monopolistically competitive firm is earning an economic profit. The marginal revenue from selling an additional unit is $30, and the marginal cost of producing that additional unit is $23. The firm should _____
What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not
While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.
It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.
Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.
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Which of the following is the best example of an ethical statement?
A. You shouldn't drive faster than 30 mph in the rain.
B. You should always compliment your manager during performance
reviews.
C. Happiness is more important than money.
D. Professionals should always act in the best interest of their clients.
SUBMIT
The best example of an ethical statement is professionals should always act in the best interest of their clients.
What is an ethical culture?A set of managers' and employees' experiences, presumptions, and expectations about how the company supports ethical or unethical behavior can be referred to as the "ethical culture." Building and measuring an ethical society is a difficult task with great potential rewards.
"An ethical workplace culture is one that prioritizes employee rights, fair procedures, parity in compensation and advancement, and that fosters tolerance, compassion, loyalty, and honesty in the treatment of customers and employees," according to the definition of an ethical workplace culture.
Thus for increasing productivity, professionals must constantly act in their clients' best interests.
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If 15,000 fans bought tickets totaling $450,000, what was the average price per ticket?
Answer:
$30
Explanation:
450,000 ÷ 15,000 = 30
The average price per ticket is $30.
What is Average?In mathematics, the Average value—which is determined by dividing the sum of all the values by the total number of values—is the average value in a collection of numbers.
To calculate the average of a collection of data, add up all the values and divide the result by the total number of values.
According to the given question, total number of fans are 15,000 and amount of total tickets are $450,000.
Average price per ticket can be computed as follows:-
Average = Total Amount ÷ Number of Observations
= 450,000 ÷ 15,000
= 30
Therefore, it can be concluded that the average price per ticket is $30.
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what is a marketing plan ?? answer please .
Answer:
marketing plan is defined as a comprehensive document or blueprint that outlines the advertising and marketing efforts for the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame. A marketing plan also includes a description of the current marketing position of a business, a discussion of the target market and a description of the marketing mix that a business will use to achieve their marketing goals.
As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.
How do you lead a multicultural team?In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.
Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.
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You want to determine the control lines for a p-chart for quality control purposes. If the total number of defects from all samples is 2,500, the number of samples is 100, and the sample size is 500, which of the following would be the standard deviation used in developing the control lines?
You want to determine the control lines for a p-chart for quality control purposes. The standard deviation used in developing the control lines is
stdev = 0.0707
What is the standard deviation?Generally, A measure of how distributed the data is in reference to the mean is referred to as the standard deviation, abbreviated as.
A standard deviation that is low implies that the data are concentrated close to the mean, while a standard deviation that is large shows that the data are widely dispersed.
\(\bar p\) = total number of defects / (sample size * number of samples)
stdev = sqrt((\(\bar p\) * (1 - \(\bar p\) )) / sample size
Where
stdev= standard deviation
\(\bar p\)=population mean
\(\bar P = \frac{2500 }{ (100 * 50) }\)
\(\bar P\)= 0.5
stdev = \(\frac{\sqrt{(0.5 (1 - 0.5)} }{100 }\)
stdev = 0.0707
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If you have a friend who is hoping to buy a home in the next few years, what should your friend know about the process of finding and paying for a new home? What do they need to know to make the home-buying process smoother? How does their credit score affect this process? How would your friend determine what is affordable?
Things to consider
FinancingBudgeting.etcYour buddy should engage with a real estate agent to make the home-buying process easier.
Your acquaintance should examine their income, debt, long-term financial objectives, and the cost of homeownership in their desired region to decide what is affordable.
What is a credit score?Generally, When buying a home, there are several things your friend should consider:
Financing: Your friend should determine how much they can afford to spend on a home and what type of mortgage loan they qualify for. They should also research different types of loans and compare interest rates and fees from different lenders. They should also check their credit score and work on improving it if necessary.
Budgeting: Your friend should also create a budget that includes not only the cost of the home, but also closing costs, moving expenses, and ongoing costs of homeownership such as property taxes and insurance.
Searching: Your friend should research different neighborhoods and consider factors such as location, schools, and amenities. They should also tour homes and consider the condition and layout of each.
Making an offer: Once your friend finds a home they want to purchase, they should work with a real estate agent to make an offer that takes into account the home's condition, the local housing market, and the seller's motivation.
Closing: After the offer is accepted, your friend should work with a lender to complete the mortgage process and close on the home.
To make the home-buying process smoother, your friend should also consider working with a real estate agent, who can help them navigate the process and find homes that meet their needs and budget.
Additionally, a good credit score will help your friend qualify for better mortgage rates and terms.
To determine what is affordable, your friend should consider their income, debt, and long-term financial goals, as well as the cost of homeownership in the areas where they're looking to buy.
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Do you think credit scores should play a
role in choosing a partner? Why or why not
Answer with Explanation:
Yes, I believe credit scores should be considered by a person when choosing a partner. Having a partner also means sharing each other's financial burdens, thus, it is essential to know how a person handles his finances. Having a good credit score will most likely mean that the person is financially responsible. This may also mean that once you live together, he'll share in the expenses of the house and will be responsible in paying them on time. Many relationships end up in divorce because of financial constraints and if this is often the case, it just becomes reasonable to know first the credit score of the partner you'd be choosing.
what is the explanation of how 3D printing gives SpaceX a competitive advantage
and
Exploration of how AI could be used to enhance SpaceX's 3D printing capabilities
3D printing offers your organization a genuinely necessary upper hand. It permits you to create models quicker, decreases the expense of creation, requires less info (HR and gear), and diminishes above.
SpaceX involves 3D printing in their designing and assembling processes, including printing parts for rocket motors, spouts, and primary parts for the Bird of Prey 9 and Hawk Weighty rockets and Mythical serpent shuttle.
The improvement of an ML framework that utilizes PC vision to screen the creation cycle and fix material dealing with shortcomings continuously. The fundamental benefits of 3D printing are diminishing expenses, less waste, decreased time, getting an upper hand, lessening mistakes, classification, and creation on request.
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A bank employee sold customers’ personal identification information to a third party. What law did the employee break?
Answer:
The Gramm-Leach-Bliley Act (GLBA), aka the Financial Services Modernization Act of 1999
Explanation:
Choose the option that best matches the description given. The social worker is responsible for helping clients_______________.
A. restore functioning ability
B. use more effective child-care techniques
C. mend fences with family members and friends
Answer: either a,b or c but probably c
Explanation:
The first step in building a good credit record is _____.
opening a bank account
getting a high-interest credit card
going into debt
starting your own business
Answer:
opening a bank account
Explanation:
it's just common sense
Answer: opening a bank account
Explanation: Lenders want to know that you have a relationship with a financial institution and that you have a checking account available to pay your bills. Don't overdraw your bank account; in addition to possible damaging your credit record, you'll be charged fees.
If a website is designed with responsive design concepts, then
If a website is designed with responsive design concepts, then it appears correctly on any device regardless of screen size.
A well-designed website will be easy to use and navigate, with clear and consistent branding throughout. It will also have a strong visual identity, with carefully selected imagery and typography that reinforces the overall message.
The individual design concepts on each page need to work together to create a cohesive whole. The layout should be easy to follow, with a clear hierarchy of information.
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HELPP!!
Do you shop with cash, credit cards or debit cards?
Answer:
Hmm i cant tell if this js a personal question but when Im shopping i normally use card.
Explanation:
Mainly because you never know if youre going to overspend, but i also alwalys bring atleast some cash with me incase the store doesnt take card
This question will be sent to your instructor for grading
The demand for a product is unit elastic throughout. If consumers purchase 8,000 units when the price is $5, how many units will they purchase if the price if $4?
Short Answer Toolbar navigation.
If the price is $4, consumers will purchase and demand 6400 units of the product. If a product's demand is unit elastic, it means that a change in the quantity desired that is proportional to a change in price is also proportional to the change in price.
Given
Initial price (P1) = $5
Initial quantity (Q1) = 8,000 units
New price (P2) = $4
Required to calculate units will they purchase if the price is $4 =?
Percentage change in price = (New price - Initial price) / Initial price x 100%
Percentage change in price = ($4 - $5) / $5 x 100%
Percentage change in price = -0.20 or -20% (a decrease of 20%)
If a product's demand is unit elastic, it means that a change in price without a corresponding change in the quantity desired is equal to a change in price by percentage. It means that there is a decrease of 20% in the initial demand of 8000 units.
8000 - 20% = 6400
Now, the new demand will become 6400 units.
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name three benefits of being a for-profit business
Answer:
Owner Income
Owner Income
Company Morale
Explanation:
hope this helped please give brainliest.
c) “Shadow price is the increase in value created by having one additional unit of a limiting resource at original cost”. Provide a comprehensive real world example of where a shadow price can be calculated with multiple limiting factors and with more than one product. Your answer should be in a form of a short case study roughly 4 or 5 sentences. (5 marks)
A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.
How is this so?Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.
Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).
Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?
When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.
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A company uses the FIFO method for inventory costing. During a period, a production department had 56,000 units in beginning goods in process inventory which were 32% complete; the department completed and transferred 167,000 units. At the end of the period, 14,000 units were in the ending goods in process inventory and are 67% complete.
Compute the number of equivalent units produced by the department.
a. 181,000
b. 158,460
c. 167,000
d. 176,380
e. 111,000
Answer:
158460 ( B )
Explanation:
Given data :
production department ; 56000 units
process inventory = 32% = 0.32
completed and transferred units = 167000
ending goods units = 14000, 67% complete = 0.67
attached below is the table representation of the solution
The number of equivalent units produced by the department
= ∑ all the variables listed on the table
= 38080 + 11100 + 9380 = 158460