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Ray Of Light [21]
2 years ago
12

The managers of Rug Emporium, a large rug store, decide to have a sale. The store manager works with the advertising department

to make the public aware of the sale, with department managers to schedule enough salespeople to handle the increased customer traffic, and with merchandise buyers to ensure that enough rugs are available to meet expected consumer demand. What does this scenario best describe?
Business
1 answer:
BartSMP [9]2 years ago
6 0

Answer:

This scenario best describes a Sales Promotion

Explanation:

Sales promotion is a strategy that involves reducing the price of products to clear out inventories, attract traffic, and to lift sales temporarily.

It could also be used as  a medium to introduce a new product,

Same applies when a large rug store, decide to have a sale.

To achieve the aim of sales promotion, the store manager works with the advertising department to make the public aware of the sale.

A proactive manager also makes provision for enough salespeople to handle the increased customer traffic, and ensure that the manufacturers of the product is able to meet expected consumer demand.

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Use Apple's financial statements in Appendix A to answer the following. Required: 1. Using fiscal 2014 as the base year, compute
pishuonlain [190]

Answer:

                               2014               2015                      2016

Net Sales               182,795         233,715 (+27.9%)    215,639 (+18.0%)

Cost of Sales         112,258          140,089 (+24.8%)   131,376 (+17.0%)

operating income  52,503           71,230 (+35.7%)      60,024 (+14.3%)

other income

(expense) net             980              1,285 (+31.1%)            1,348 (37.5%)

net income              39,510            53,394 (+35.1%)       45,687 (15.6%)

                                2015                   2016

Total assets            290,345              321,686

Current assets

(% of total assets)   89,378 (30.8%)   106,689 (33.2%)

PP&E                         22,471 (7.7%)        27,010 (25.3%)

goodwill plus

intangible assets     9,009 (10.1%)       8,620 (8.0%)

3. Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2016

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2 years ago
Smart Manufacturing budgeted costs for 50,000 linear feet of block are: Fixed manufacturing costs $24,000 per month Variable man
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Answer:

$664,000

Explanation:

The computation of the budgeted total manufacturing cost is shown below:

Budgeted total manufacturing costs is

= Fixed cost + Variable cost

= $24,000 + ($16 × 40,000 linear feet of block)

= $24,000 + $640,000

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Answer:

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