Consider the new product offerings, brand identity, financial health, and global economy. Do you think will Apple or Samsung will enjoy the largest per cent revenue increase (not dollars) in total sales in 2020? What about 2021? Which company will have the lowest per cent revenue increase? What are the company and product strengths of Apple and Samsung? Please explain your reasons why for both opinions.
In: Finance
Consider the performance of two securities, J and K over the five year period from 2000 to 2004. The annual return earned on each one of them is as provided in the table below:
|
Year |
J |
K |
|
% |
% |
|
|
2000 |
-30.0 |
6.4 |
|
2001 |
55.9 |
-21.1 |
|
2002 |
15.7 |
-10.0 |
|
2003 |
75.9 |
35.0 |
|
2004 |
5.7 |
15.6 |
Required:
Compute the following:
[05 Marks]
[05 Marks]
[05 Marks]
[05 Marks]
Consider the performance of two securities, J and K over the five year period from 2000 to 2004. The annual return earned on each one of them is as provided in the table below:
|
Year |
J |
K |
|
% |
% |
|
|
2000 |
-30.0 |
6.4 |
|
2001 |
55.9 |
-21.1 |
|
2002 |
15.7 |
-10.0 |
|
2003 |
75.9 |
35.0 |
|
2004 |
5.7 |
15.6 |
Required:
Compute the following:
[05 Marks]
[05 Marks]
[05 Marks]
[05 Marks]
In: Finance
I think I have this figured out, but need a double check... Thank you
Here is the question:
Regional distributors are currently using continuous review
inventory policy. Compute and describe their inventory management
policy and associated cost. Ignore inbound and outbound
transportation cost. Provide answers and calculations for order
quantity, demand during lead time, safety stock, average inventory
level, inventory holding cost per week, ordering cost per week, and
total cost per week.
The service level is 90% and the average lead time is 2 weeks.
Here is the style I used to answer.
|
Q* |
Ddlt |
SS |
Avg Inv |
Inv cost |
Ord Cost |
Tot Cost |
|
|
Atlanta |
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|
Boston |
|||||||
|
Chicago |
|||||||
|
Dallas |
|||||||
|
LA |
|||||||
|
Total cost of the distribution system |
|||||||
Supporting info:
| Inbound TRANSPORTATION COSTS PER UNIT PRODUCT | ||||||
| Warehouse | Inbound | Outbound | ||||
| Atlanta | $ 12.00 | $ 13.00 | ||||
| Boston | $ 11.50 | $ 13.00 | ||||
| Chicago | $ 11.00 | $ 13.00 | ||||
| Dallas | $ 9.00 | $ 13.00 | ||||
| Los Angels | $ 7.00 | $ 13.00 | ||||
| Table 3: Outbound Transportation Costs per Unit in Single Centralized System | ||||||
| Warehouse | atlanta | boston | chicago | dallas | los angles | |
| Atlanta | $ 13.00 | |||||
| Boston | $ 16.00 | $ 13.00 | ||||
| Chicago | $ 16.00 | $ 10.00 | $ 13.00 | |||
| Dallas | $ 17.00 | $ 17.00 | $ 17.00 | $ 13.00 | ||
| Los Angels | $ 19.00 | $ 19.00 | $ 18.00 | $ 10.00 | $ 13.00 | |
| Table 4: Ordering Cost and Holding Costs (per unit per week) | |||
| cost at | ordering cost | holding cost | |
| current system | regional warehouse | $ 5,550.00 | $ 1.25 |
| central warehouse | central warehouse | $ 5,550.00 | $ 1.25 |
| mixed model | central warehouse | $ 3,000.00 | $ 1.00 |
| fegional wareshoue | $ 3,000.00 | $ 1.25 | |
| HISTORICAL demand for 12 weeks | ||||||||||||
| Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| Atlanta | 33 | 45 | 37 | 38 | 55 | 30 | 18 | 58 | 47 | 37 | 23 | 55 |
| Boston | 26 | 35 | 41 | 40 | 46 | 48 | 55 | 18 | 62 | 44 | 30 | 45 |
| Chicago | 44 | 34 | 22 | 55 | 48 | 72 | 62 | 28 | 27 | 95 | 35 | 45 |
| Dallas | 27 | 42 | 35 | 40 | 51 | 64 | 70 | 65 | 55 | 43 | 38 | 47 |
| Los Angels | 32 | 43 | 54 | 40 | 46 | 74 | 40 | 35 | 45 | 38 | 48 | 56 |
In: Operations Management
In: Operations Management
PA8-6 Preparing Operating Budgets for a Merchandising Firm [LO 8-5, 8-3a, f, g, h]
Red Canyon T-shirt Company operates a chain of T-shirt shops in
the southwestern United States. The sales manager has provided a
sales forecast for the coming year, along with the following
information:
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | ||||
| Budgeted Unit Sales | 39,000 | 59,000 | 29,500 | 59,000 | |||
Required:
1. Determine budgeted sales revenue for each
quarter.
2. Determine budgeted cost of merchandise
purchased for each quarter.
3. Determine budgeted cost of good sold for each
quarter.
4. Determine selling and administrative expenses
for each quarter.
5. Complete the budgeted income statement for each
quarter.
In: Accounting
Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships in terms of cost, quality, delivery, and performance. More and more buyers have to learn to develop a supply base in more than one country in order to remain competitive in the complex and dynamic global business environment.
Identify a company of your choice (in a vehicle- manufacturing industry) on which you will base your study.
Write a detailed report on the above statement considering the
following questions:
Question 1
Critically analyse reasons that may cause your company to consider
an international supplier over a local supplier.
Question 2
Critically discuss the reasons why your company (a vehicle-
manufacturing company) should consider ethical conduct in its
purchasing structure.
Question 3
Examine the various types of contracts available to your company (a
vehicle- manufacturing company) when dealing with international
suppliers and advise them on which contracts would be most
beneficial to achieve a competitive advantage.
Structure of the final report
Title (this should convey the area and scope of the project)
Table of contents
Introduction
Background of the company (BMW Company)
Discussion (answer questions 1-3)
Summary/conclusions
References
Appendices (if used)
In: Operations Management
PLEASE READ CAREFULLY BEFORE STARTING THE ASSIGNMENT!!! I ALREADY HAVE ANSWERS FOR THE FIRST JOURNAL TABLE AS YOU CAN SEE BELOW, BUT I DON'T HAVE THE ANSWER FOR THE SECOND JOURNAL TABLE. I FOUND MANY ANSWERS FOR THE SECOND TABLE HERE ON CHEGG. BUT NOT ONE HAS A CORRECT ANSWER. FOR SOME OF THEM IT'S COMPLETELY DIFFERENT ANSWERS ALTHOUGH THE QUESTION IS THE SAME. PLEASE ANSWER THAT TABLE CAREFULLY AND CORRECTLY. USE THE SAME EXACT TABLE THAT I PROVIDED BELOW WITH THE CORRECT DATES, ACCOUNT TITLES AND AMOUNT. MAKE SURE THERE'S NO EXTRA OR ANY LESS ENTRY THAN THE EXACT NUMBER OF ENTRIES THAT'S SUPPSOED TO BE THERE AS PROVIDED IN THE TABLE BELOW.
The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers. Note that the company uses a clearing house to take care of all bank as well as non-bank credit cards used by its customers.
Record on page 10 of the journal
| Mar. | 2 | Sold merchandise on account to Equinox Co., $18,900, terms FOB destination, 1/10, n/30. The cost of the merchandise sold was $13,300. |
| 3 | Sold merchandise for $11,350 plus 6% sales tax to retail cash customers. The cost of merchandise sold was $7,000. | |
| 4 | Sold merchandise on account to Empire Co., $55,400, terms FOB shipping point, n/eom. The cost of merchandise sold was $33,200. | |
| 5 | Sold merchandise for $30,000 plus 6% sales tax to retail customers who used MasterCard. The cost of merchandise sold was $19,400. | |
| 12 | Received check for amount due from Equinox Co. for sale on March 2. | |
| 14 | Sold merchandise to customers who used American Express cards, $13,700. The cost of merchandise sold was $8,350. | |
| 16 | Sold merchandise on account to Targhee Co., $27,500, terms FOB shipping point, 1/10, n/30. The cost of merchandise sold was $16,000. | |
| 18 | Issued credit memo for $4,800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was $2,900. |
Record on page 11 of the journal
| 19 | Sold merchandise on account to Vista Co., $8,250, terms FOB shipping point, 2/10, n/30. Added $75 to the invoice for prepaid freight. The cost of merchandise sold was $5,000. | |
| 26 | Received check for amount due from Targhee Co. for sale on March 16 less credit memo of March 18. | |
| 28 | Received check for amount due from Vista Co. for sale of March 19. | |
| 31 | Received check for amount due from Empire Co. for sale of March 4. | |
| 31 | Paid Fleetwood Delivery Service $5,600 for delivery of merchandise in March to customers under shipping terms of FOB destination. | |
| Apr. | 3 | Paid City Bank $940 for service fees for handling MasterCard and American Express sales during March. |
| 15 | Paid $6,544 to state sales tax division for taxes owed on sales. |
Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the Chart of Accounts for exact wording of account titles.
CHART OF ACCOUNTSAmsterdam Supply Co.General Ledger
| ASSETS | |
| 110 | Cash |
| 121 | Accounts Receivable-Empire Co. |
| 122 | Accounts Receivable-Equinox Co. |
| 123 | Accounts Receivable-Targhee Co. |
| 124 | Accounts Receivable-Vista Co. |
| 125 | Notes Receivable |
| 130 | Merchandise Inventory |
| 131 | Estimated Returns Inventory |
| 140 | Office Supplies |
| 141 | Store Supplies |
| 142 | Prepaid Insurance |
| 180 | Land |
| 192 | Store Equipment |
| 193 | Accumulated Depreciation-Store Equipment |
| 194 | Office Equipment |
| 195 | Accumulated Depreciation-Office Equipment |
| LIABILITIES | |
| 210 | Accounts Payable |
| 216 | Salaries Payable |
| 218 | Sales Tax Payable |
| 219 | Customer Refunds Payable |
| 221 | Notes Payable |
| EQUITY | |
| 310 | Owner, Capital |
| 311 | Owner, Drawing |
| 312 | Income Summary |
| REVENUE | |
| 410 | Sales |
| 610 | Interest Revenue |
| EXPENSES | |
| 510 | Cost of Merchandise Sold |
| 521 | Delivery Expense |
| 522 | Advertising Expense |
| 524 | Depreciation Expense-Store Equipment |
| 525 | Depreciation Expense-Office Equipment |
| 526 | Salaries Expense |
| 531 | Rent Expense |
| 533 | Insurance Expense |
| 534 | Store Supplies Expense |
| 535 | Office Supplies Expense |
| 536 | Credit Card Expense |
| 539 | Miscellaneous Expense |
| 710 | Interest Expense |
Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the Chart of Accounts for exact wording of account titles. Scroll down for page 11 of the journal.
How does grading work?
PAGE 10
JOURNAL
ACCOUNTING EQUATION
Score: 400/400
| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | ASSETS | LIABILITIES | EQUITY | |
|---|---|---|---|---|---|---|---|---|
|
1 |
Mar. 2 |
Accounts Receivable-Equinox Co. |
18711 |
|||||
|
2 |
Sales |
18711 |
||||||
|
3 |
Mar. 2 |
Cost of Merchandise Sold |
13300 |
|||||
|
4 |
Merchandise Inventory |
13300 |
||||||
|
5 |
Mar. 3 |
Cash |
12031 |
|||||
|
6 |
Sales |
11350 |
||||||
|
7 |
Sales Tax Payable |
681 |
||||||
|
8 |
Mar. 3 |
Cost of Merchandise Sold |
7000 |
|||||
|
9 |
Merchandise Inventory |
7000 |
||||||
|
10 |
Mar. 4 |
Accounts Receivable-Empire Co. |
55400 |
|||||
|
11 |
Sales |
55400 |
||||||
|
12 |
Mar. 4 |
Cost of Merchandise Sold |
33200 |
|||||
|
13 |
Merchandise Inventory |
33200 |
||||||
|
14 |
Mar. 5 |
Cash |
31800 |
|||||
|
15 |
Sales |
30000 |
||||||
|
16 |
Sales Tax Payable |
1800 |
||||||
|
17 |
Mar. 5 |
Cost of Merchandise Sold |
19400 |
|||||
|
18 |
Merchandise Inventory |
19400 |
||||||
|
19 |
Mar. 12 |
Cash |
18711 |
|||||
|
20 |
Accounts Receivable-Equinox Co. |
18711 |
||||||
|
21 |
Mar. 14 |
Cash |
13700 |
|||||
|
22 |
Sales |
13700 |
||||||
|
23 |
Mar. 14 |
Cost of Merchandise Sold |
8350 |
|||||
|
24 |
Merchandise Inventory |
8350 |
||||||
|
25 |
Mar. 16 |
Accounts Receivable-Targhee Co. |
27225 |
|||||
|
26 |
Sales |
27225 |
||||||
|
27 |
Mar. 16 |
Cost of Merchandise Sold |
16000 |
|||||
|
28 |
Merchandise Inventory |
16000 |
||||||
|
29 |
?Mar. 18 |
Customer Refunds Payable |
4752 |
|||||
|
30 |
Accounts Receivable-Targhee Co. |
4752 |
||||||
|
31 |
Mar. 18 |
Merchandise Inventory |
2900 |
|||||
|
32 |
Estimated Returns Inventory |
2900 |
| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | ASSETS | LIABILITIES | EQUITY | |
|---|---|---|---|---|---|---|---|---|
|
1 |
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2 |
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3 |
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4 |
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9 |
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11 |
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12 |
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13 |
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14 |
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18 |
In: Accounting
An experiment is conducted to determine if classes offered in an online format are as effective as classes offered in a traditional classroom setting. Students were randomly assigned to one of the two teaching methods. Data below.
a. Test the claim that the standard deviations for the two groups are equal. What is the p-value of the test?
b. Construct a 95% confidence interval on the difference in expected final exam scores between the two groups. Does the data support the claim that there is no difference?
| On-line | Classroom |
| 77 | 79 |
| 66 | 64 |
| 70 | 88 |
| 79 | 80 |
| 76 | 66 |
| 58 | 81 |
| 54 | 71 |
| 72 | 84 |
| 56 | 77 |
| 82 | 76 |
| 90 | 89 |
| 68 | 62 |
| 59 | 74 |
| 67 | 68 |
| 71 | 98 |
| 74 | 77 |
| 72 | 65 |
| 62 | 83 |
| 77 | |
| 78 | |
| 76 | |
| 57 | |
| 67 | |
| 69 | |
| 82 | |
| 78 | |
| 80 | |
| 61 | |
| 77 | |
| 65 | |
| 71 | |
| 76 | |
| 58 | |
| 82 | |
| 78 | |
| 74 |
In: Statistics and Probability
Data obtained from the National Center for Health Statistics show that men between the ages of 20 and 29 have a mean height of 69.3 inches, with a standard deviation of 2.9 inches. A baseball analyst wonders whether the standard deviation of heights of major-league baseball players is less than 2.9 inches. The heights (in inches) of 20 randomly selected players are given below.
| 72 | 74 | 71 | 72 | 76 |
| 70 | 77 | 75 | 72 | 72 |
| 77 | 72 | 75 | 70 | 73 |
| 73 | 75 | 73 | 74 | 74 |
Use Minitab Express to test the analyst's hypothesis at the α = 0.10 level of significance. Report your answers to three decimal places, where applicable.
With a P-value of , we (reject /
fail to reject) the null
hypothesis.
The given data (does / does
not) provide significant evidence that the standard
deviation of heights of baseball players
is (more than / less
than / different from) 2.9 inches.
In: Statistics and Probability
ABC Company reports the following comparative income statement:
2017
Revenue $100,000
COGS 42,000
Gross Profit 58,000
SGA Expenses 25,000
Income before tax 33,000
Income tax expense. 11,000
Net Income 22,000
2016
Revenue $70,000
COGS 25,000
Gross Profit 45,000
SGA Expenses 28,000
Income before tax 17,000
Income tax expense. 6,000
Net Income 11,000
Prepare a vertical and horizontal analysis for ABC Company and then calculate the profit margin for ABC Company
In: Accounting