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Crank
2 years ago
9

Beatrice owns and operates a food truck in a large city. Competitors are many, and competition is fierce. Due to her small busin

ess's size, she cannot realistically influence her business environment. However, Beatrice can and does take steps to adapt to the environment, including:__________.
Business
1 answer:
olganol [36]2 years ago
6 0

Answer: e. hiring part-time help and maintaining extra inventory for peak periods (buffering)

Explanation:

In the large city described, Beatrice operates from a food truck which means that her business is small scale. Because of this, she cannot hope to influence the market which has so many fierce competitors. Her best option therefore is to work on her small business with the resources she has.

Out of the options listed, the most realistic is to hire a part-time help and practice buffering so that when demand picks up in peak season, she can take advantage of the situation as best she can. This will build customer loyalty when they are sure they can always get food from her and thus give her a little more of the market share.

Everything else listed will be too expensive for her current level and so should be avoided.

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Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization
Tom [10]

Answer:

The appropriate solution is "$2.91". A further explanation is given below.

Explanation:

Seems that the given question is incomplete. Below is the attachment of the full problem.

According to the question,

Common dividend,

= 509.83

Shares outstanding,

= 175

Now,

The dividend per share will be:

=  \frac{Common \ dividend}{Shares \ outstanding}

On substituting the values, we get

=  \frac{509.83}{175}

=  2.9133

or,

=  2.91

8 0
1 year ago
Digby's product manager is considering lowering the price of the Daft product by $2.50 and wants to know what the impact will be
Dvinal [7]

Answer:

D.  34.00%

Explanation:

The computation of the new contribution margin is shown below:

As we know that

Contribution Margin = Net Sales Revenue - Variable Expenses

where,

Net sales revenue is

= 604 units × $32.5

= $19,630

The variable expense = Total material cost + total labor cost

Total Material Cost = 604 units × $14.36 = $8,673.44

Total Labor Cost = 604 units × $7.09 = $4,282.36

So, the variable expense is

= $8,673.44 + $4,282.36

= $12,955.8

Now

Contribution margin = $19,630 - $12,955.8 = $6,674.2

And,

Contribution margin ratio = Contribution margin ÷ net sales

So,  Contribution margin = $6,674.2 ÷ $19,630

= 34.00%

4 0
2 years ago
Last year, Nikkola Company had net sales of $2,299,500,000 and cost of goods sold of $1,755,000,000. Nikkola had the following b
viktelen [127]

Answer:

Average receivables = $157,500,000

Explanation:

<em>Account receivable represent the amount of credit made by a business which remain uncollected as at the reporting date. In other words, they represent the amount that customers are owing the business in respect of credit sales.</em>

Average account receivables

=(opening balance + closing balance)/2

=( $142,650,000 + $172,350,000)/2

= 157,500,000.

6 0
2 years ago
​when preparing a representative sample from a list of 200 customers who complained about errors in their statements, a _____ mi
makvit [3.9K]
Systematic sample

When preparing a representative sample from a list of 200 customers who complained about errors in their statements, this type of sample might select every tenth customer for review.
4 0
2 years ago
Since public relations communications are typically perceived as _____, they are not subject to the problems of clutter that are
denis23 [38]

Answer:

news items

Explanation:

Public relations refers to the communication that the company's have with the public through media outlets, which is why they are perceived as news items. This being the case, the public sees this news item and pays attention to this alone, as opposed to other promotional communication methods such as newspapers and articles where various information is cluttered together making it difficult to focus on one thing alone.

7 0
2 years ago
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