Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.
What is a Just-inTime inventory system?A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.
With a Just-in-Time system, inventory arrives as production is scheduled to begin.
The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.
A. a merchandising inventory system.
B. a just-in-time (JIT) inventory system.
C. a finished goods inventory system.
D. determining inventory quantities.
Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.
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The crunchy granola company is a diversified food company that specializes in all natural foods. the company has three operating divisions organized as investment centers. condensed data taken from the records of the three divisions for the year ended june 30, 20y7, are as follows: cerealdivision snack cakedivision retailbakeries divisionsales $25,000,000 $8,000,000 $9,750,000 cost of goods sold 16,670,000 5,575,000 6,795,000 operating expenses 7,330,000 1,945,000 2,272,500 invested assets 10,000,000 4,000,000 6,500,000 the management of the crunchy granola company is evaluating each division as a basis for planning a future expansion of operations.required:question content area1. prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations.2. using the dupont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. if required, round your answers to one decimal place.3. when faced with limited funds for expansion, management should consider an expansion of the division first.
Based on the given entries, the condensed divisional income statements are:
Cereal Division Snack Cake Retail Bakeries
Sales 25,000,000 8,000,000 9,750,000
Cost of Goods (16,670,000) (5,575,000) (6,795,000)
Sold
Gross Profit 8,330,000 2,425,000 2,955,000
Operating Expenses (7,330,000) (1,945,000) (2,272,500)
Operating income (1,000,000) (480,000) (682,500)
The profit margins, Investment turnover, and ROI.
Cereal Division Snack Cake Retail Bakeries
Profit Margin 4 6 7
Investment Turnover 2.5 2 12
ROI 7 1.5 10.5
The management should go with Snack Cake as it has the highest Profit Margin.
What are the matrics and ratios for Crunchy Granola Company?The condensed income statements will show all the divisions and their operating incomes in one statement as shown above.
The profit margin can be found as:
= Operating income / Sales x 100
The Return on Investment (ROI) is:
= Operating income / Invested assets x 100
Investment turnover can be found as:
= Sales / Invested assets x 100
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When parents or eligible students request inspection and review of education records, federal law stipulates that the requested information must be provided within:.
The period of time that is requested for inspection and review of education records, according to federal law is 45 days.
What is an education records review?This is a review of the academic standing of a student. The reason why the review is needed is probably because the student wants to apply for a new school.
According to federal law, when the request is received, the records must be provided within 45 days.
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Pension expense must be adjusted when a net gain or a net loss at the beginning of the year exceeds 10% of the PBO or 10% of plan assets, whichever is higher. This threshold amount is referred to as the
Answer:
It is referred to as the Corridor
Explanation:
On january1, 1994, Joan sMITH BEGAN HER BUSINESS BY INVESTING 35,000 in cash in a checking account that
A checking account is important to keep the money for easy withdrawals through usually an Automated Teller Machine, or ATM
What is Accounting?This refers to the record-keeping of financial records with the aim of keeping track of the finances of a business or corporation.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study.
Nike’s Goddess Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women. In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer. Just Doing It Differently For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade. How to Sell to Women Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home. How to Design for Women Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women. How to Talk to Women When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’
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Why is the monopolist is a price maker?
Answer:
✒️Answer:A monopoly firm is a price-maker simply because the absence of competition from other firms frees the monopoly firm from having to adjust the prices it charges downward in response to the competition. ... Absent that competitive atmosphere, a sole provider can set the price he or she wants.
Explanation:
#CarryOnLearning[tex]watch.some.anime[/tex]
If making your family and friends a priority is important to you, you value
O responsibility
O compassion
O relationships
O none of the above
Answer:
Relationships.
Explanation:
We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.
Which of the following factors are considered when calculating gdp? i. goods produced within a country by citizens of that country ii. goods produced within a country by residents who are not citizens iii. goods produced within a country for use in production of other goods iv. goods produced by a country’s citizens outside of its borders a. ii and iii b. i only c. i and ii d. i, ii, iii, and iv
Gross domestic product (GDP) is the total amount or market worth of all finished products and services produced within the borders of a country in a given time period.
How is GDP calculated?GDP is often estimated on an annual basis, but it is also measured quarterly. The government of the United States, for example, produces an annualized GDP assessment for each fiscal quarter as well as for the entire calendar year.
The various data sets included in this study are presented in real terms, which means that the data has been adjusted for price changes and is thus net of inflation.
Thus, Option D is correct about the factors of GDP.
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What are cultural, control, and organizational variables that are utilized by decision makers to effect change in their organization known as?.
Answer:
managerial levers
Explanation:
If the government levies a $500 tax per car on sellers of cars, then the price received by sellers of cars would:.
12. Currency is useful in that it serves as
A. a hedge against inflation.
B. a convenient way to save money.
C. a medium of exchange.
D. all of the above.
Jasper has been working a lot of overtime during the most current economic expansion. As a result, his income is high enough for him to move from the 12 percent tax bracket to the 22 percent tax bracket. The increased amount Jasper pays to the government is an example of:
The increased taxes paid to the government by Johnny represent what are known as automatic stabilizers slowing the economy.
What are automatic stabilizers?These are factors in the economy that stop it from growing too fast that it becomes overheated.
Taxes are one such stabilizer because in making sure that people pay more to the government when they earn more, their spending is reduced which means that the economy doesn't grow too much.
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From the perspective of a power holder, _____ strategy of negotiation implies that the power holder jointly develops and shares power with the other.
Answer:
Negotiation
Explanation:
Negotiation is a dialogue between two or more people
A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 each year. If the bonds are sold at par value, the issuer records the sale with a debit to:.
Assuming the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.
Journal entryBased on the information given if the company issues the amount of $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:
Debit Cash $100,000
Credit Bond payable $100,000
(To record bonds sold at par value)
Inconclusion the issuer will records the sale with a debit to: Cash $100,000.
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When you receive a loan, the money the lender gives you is called the ____________. a. interest b. line of credit c. principal d. collateral
Answer:
c : principal
Explanation:
What do you need to provide in order to get secured credit?
An asset.
When the loan is received by the person and the money which lenders give to the person is the principle. The principle is the money that needs to give back after a certain period.
What is a loan?
A loan is a quantity of the money borrowed from a bank or other financial institution. One or more persons or businesses to finance scheduled or unanticipated occurrences. The borrower thereby incurs a debt, which he must repay with interest and within a specified time frame.
Thus, option C is correct.
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If you wanted to open a restaurant, which space would likely
charge the most for rent?
O A famous Las Vegas casino
O A small neighborhood diner
O A medium space in a strip mall
A large warehouse in a rural area
A famous Las Vegas casino because it gets teh most revenue.
The flexible budget performance report directs management's attention to areas where: (Check all that apply.)
The flexible budget performance report directs management's attention to areas where:corrective action can help control operations.
What is flexible budget performance report?Flexible budget performance report can be defined as the type of report that enables the management of a company to determine the difference between quantity variance and price variances.
Flexible budget performance report is important for companies as it draw their attention to areas were they need to take corrective action that will lead to efficiency.
Inconclusion it directs management's attention to areas where:corrective action can help control operations.
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Answer:
Costs differ substantially from budgeted amounts
Revenues differ substantially from budgeted amounts
Explanation:
______ is recommended for promotion when a high degree of service or support, known as ancillary services, is required after the sale of the product.
Answer:
hard work recommended for promotion
Many developed countries have deindustrialized and are transitioning to a postindustrial economy. A. Identify and describe the economic sector that becomes dominant when a country deindustrializes and restructures from an industrial to a postindustrial economy. B. Describe TWO ways countries transitioning to a postindustrial economy utilize the international division of labor. C. Describe ONE way in which the roles of women in the paid labor force of developed countries change as a result of the transition to a postindustrial economy. D. Describe TWO ways in which brownfields can be redeveloped in postindustrial cities.
In the post industrial economy,
A. the economic sector that is dominant when the country deindustrializes is the Tertiary industry:
quaternary and quinaryservice jobSome of the jobs here require the tertiary form of education.
b. Two ways that countries transition to postindustrial economy are:
They make use of countries that have little government regulations and minimal taxes. They use countries where trade unions are non existent.c. A way that the roles of women get to change is through the reduction in the pay gap that exists between genders. Pay can also be raised for females.
d. Brownfields can be redeveloped in the following ways in the post industrial cities:
Recreational means: sports and entertainments.Agriculture: Creation of urban farms and gardens.What is a post industrial economy?This is an economy that is said to have advanced from the manufacturing era into an era of production of services.
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When a manager creates a budget that is too easy to attain, ______ occurs.
Answer:
Explanation:
budgetary slack
Based on your reading of the following passage, to which listed careers do you think John might be suited? (Select all that apply. ) John is a high school graduate. He is smart and ambitious but does not wish to pursue a college degree. John has good technical skills, can operate computers, and has a strong grasp of basic physical sciences. He served in the navy for four years. John is not opposed to joining a union. He does not have a spouse or any children. John is physically healthy, strong, and has good vision without any significant issues. John might be suited to be: a seaman a seaman a rail yard worker a rail yard worker a ship's captain a ship's captain a dispatcher
Answer:
a seaman
a seaman
a rail yard worker
Explanation:
Help me please.. there is no option on here for human resources principals, so i jus clicked business as the subject..
Answer:
pls explain the question first
Assume you borrow money to buy a new car at 10 percent interest, and you think that the economy-wide rate of inflation over the life of the loan will be 8 percent. If you are correct in your assumption, your real rate of interest on the car loan will be
Answer:
The answer is 2%
Explanation:
Have a wonderful day
Schaad Corporation has entered into an eight-year lease for a piece of equipment. The annual payment under the lease will be $2,500, with payments being made at the beginning of each year. If the discount rate is 14%, what’s the present value of the lease payments? Ignore income taxes in this problem
Based on the payments being made at the beginning of the year and the discount rate, the present value of the lease payments is $13,220.75.
What is the present value of the lease payments?The fact that the payments are made at the beginning of the year makes this an annuity due.
The present value is:
= Amount x ( Present value of annuity due factor, 14%, 8 years)
Solving gives:
= 2,500 x 5.2883
= $13,220.75
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Budgets ______. Multiple choice question. Focus on what has happened in the past communicate management's plan throughout the organization primarily help managers with day-to-day emergencies
Budgets assist to communicate management's plan throughout the organization.
What is budget?A budget is a spending plan based on income and expenses. It is an estimate of how much money you'll make and spend over a certain period of time.
The purpose of the budget is to establish financial objectives with the monitoring and measurement of results, enabling better decision-making. Budget is done for allocation of expenditures for various purposes over the next year.
Hence, budgets communicate management's plan throughout the organization.
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How does self-motivation fit into the career readiness model?.
A self-motivation was ablt to fit into the career readiness model because it is an attitude.
What is a self-motivation?It refers to the personal ability to motivate and drive oneself to take initiative and action to pursue set goals and complete tasks.
Therefore, the self-motivation was ablt to fit into the career readiness model because it is an attitude that is innate in an individual.
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Saraiya runs a small café. She would like to start placing small ad buys on social media and hires an analytics firm to determine which platforms she should advertise on. What type of cost would this be considered?.
A social media implementation cost wil be incurred if she start placing small ad buys on social media and hires an analytics firm.
What is a social media implementation cost?These is a varible cost that is used for implementation of social media account for advertisement, promotion etc.
Hence, these implementation cost wil be incurred if she start placing small ad buys on social media and hires an analytics firm.
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What is the purpose of a w-4 form, and when do you receive it?.
Answer: to let your employer know how much money to withhold from your paycheck for federal taxes.
Explanation: Your employer should provide a W-4 form when you are hired.
1.24. If an investor borrows $100 and pays back $100 after a year to settle his loan, it implies that the rate of interest is ________. A) 0 percent B) 1 percent C) 10 percent D) 100 percent
,If an investor borrows $100 and pays back $100 after a year to settle his loan, it implies that the rate of interest is 0%
What is Interest Rate?This refers to the added amount which is to be repaid with respect to a loan after a given time period.
With this in mind, we can see that because after a period of 1 year, the principal amount which is $100 is paid back without any additional charge, then the rate of interest on the loan is 0%.
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You have been at fault in your second accident in six months. your insurance company is going to increase your annual premium by 28%. your current annual premium is $975. what will your adjusted premium be?.
Your adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.
What is the annual premium?The annual premium is the amount that a policyholder pays to the insurance company for a one-year insurance policy.
The annual premium helps to guarantee payment of indemnity when the covered events occur.
This implies that the annual premium is a periodic contribution that helps in the pooling of risks by the insured to help the insurer meet its indemnity obligations.
Data and Calculations:Current annual premium = $975
Increase in annual premium = 28%
Adjusted premium = $1,248 ($975 x 1.28)
Thus, the adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.
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