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Molodets [167]
2 years ago
11

Baked at Home Cookies expects sales of $672,500 next year. The profit margin is 4.6 percent and the firm has a dividend payout r

atio of 15 percent. What is the projected increase in retained earnings?
Business
1 answer:
malfutka [58]2 years ago
7 0

Answer:

$26,294.75

Explanation:

Next years estimated total sales = $672,500

profit margin 4.6% of total estimated sales = 4.6% x $672,500 = $30,935

dividend payout ratio 15% of net income = $30,935 x 15% = $4,640.25

increase in retained earnings = net income - distributed dividends = $30,935 - $4,640.25 = $26,294.75

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4. College logo T-shirts priced at $15 sell at a rate of 25 per week, but when the bookstore marks them down to $10, it finds th
Lana71 [14]

Answer: PED = -1.665

The price demand elasticity is relatively elastic because PED is greater than 1..(ignore the minus sign)

Explanation:

Using the formula PED = % change in quantity/ % change in price

PED = ((Q1 - Q0)/(Q1 + Q0))/((P1 -P0)/(P1+P0))...EQU 1 where Q1 = 50 is quantity of product at Price P1 =10 and Q0 = 25 is quantity of product at Price P0 = 15 and PED is price of elasticity

Substituting figures into equ1

PED = ((50 - 25)/(50+25)) /((10 -15)/(10+15))

PED = -1.665

7 0
2 years ago
1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe? 2. Describe t
True [87]

Answer: The answers are provided below

Explanation:

1. The understanding of consumer behavior which has helped Coppertone grow in the United States and around the world are:

• Its understanding of consumer behavior was along with changing behaviour of consumers.

• Its understanding was along with consumer's changing needs.

• Providing innovative solutions that are in accordance with consumer preferences.

Note that at the beginning, Coppertone started as a tanning product, but later developed nee products when the consumers preferences changed from tanning to skin protection.

2. . The Five stage purchase decision process for a Coppertone customer are:

a. Problem recognition - This is the stage of understanding the problem.

b. Search for information. It is the stage of seeking solution to the problem

c. Comparision of alternatives - This is the stage where the comparative analysis is done. This stage is influenced by the product, price, availability etc.

d. Decision of purchasing - This is the stage of decision making that is based on the comparisons made.

e. Post-purchase feedback - This is the stage whereby the consumer will evaluate the product performance. This stage is vital to retaining existing consumers.

3. The factors that can influence the Coppertone consumer purchase decision process are:

• Psychological: It is the intention of consumers to protect their skin from the sun while going out thereby maintaining their good look.

• Sociological : It is in human behaviour to replicate the things that are being done by other people in the society.

• Situational Factor: This is a case whereby consumers are left with no other alternatives than purchasing a particular product brand to meet their need.

4. The marketing activities Coppertone utilized to help it grow in the marketplace are:

• Advertisment: Coppertone advertisment strategy really worked through its use of the advertisement campaign for “the Coppertone Girl” and also their famous tagline “Tan, Don’t Burn.” This helped spar the product’s popularity.

• Use of social media: They also engage with their customers on social media nd other websites.

5. The challenges that would be faced by Coppertone in the future are:

• There will be an unbalanced demand and supply since the requirement of the product is seasonal.

• Selective usage of the product by the customer can hampers the sale.

• There may be the need for more innovative products in order to meet customer needs.

The recommendation related to each challenges are:

• Awareness should be created among the customers about their self health and looks, in order for them to shift away from seasonal usage.

• New products should be launched aggressively. This is because customers are trendy nowadays and also appealing marketing techniques should be used.

6 0
1 year ago
Codes of conduct (ethics) are formalized rules and standards that describe what the company expects of its employees in terms of
Ludmilka [50]

Answer:

True

Explanation:

The codes of conduct are the set or collection of conduct in an organisation that are specified for the particular organisation. These conducts may be following:

  • Rules
  • Principles
  • Values
  • Employee expectations, behavior, and relationships

These codes of conducts are to be followed by the individuals associated with organisation.

4 0
2 years ago
According to PCN analysis, which process region includes process steps in which one participant is acting on another participant
mamaluj [8]

Options:

A. Independent processing

B. Surrogate Interaction

C. Direct interaction

D. Resource processing

E. Process domain Interaction.

Answer:B. Surrogate Interaction

Explanation:

PCN(preassigned control number) PROGRAM is a program system designed to allow the Library of Congress to assign control numbers in advance of a publication to those titles which may be included to collections of materials in the Library. PCN number is only assigned to publishers in the United States of America.

Surrogate Interaction is a type of Interaction taking place in a PCN program where there are no direct interaction.

3 0
2 years ago
A money management firm, which specializes in debt reduction, is interested in the average amount of debt for a married couple.
nirvana33 [79]

Incomplete question. However, this are the options to select from

I. test statistic

II. p-value

III. critical value

IV. null hypothesis

Answer:

<h3><u>IV</u></h3>

Explanation:

Remember, the region of rejection in statistical analysis simply implies what is that numerical range to which the observed results if different from assumed results would lead to the hypothesis should be discarded.

This hypothesis is called the Null hypothesis, it forms the rejection region of any statistical analysis.

7 0
1 year ago
Read 2 more answers
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