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svet-max [94.6K]
2 years ago
14

Amy and Jack were loyal customers of GreenFoods, a local grocery store. However, after a couple of incidents where they had to r

eturn products that were stale and out of date, the couple decided to try out VeggiesNmore, a chain store that recently opened in town. Both Amy and Jack must move through each stage in the marketing funnel before becoming loyal customers.
Jack has shopped at VeggiesNmore. He was happy with the experience and thought that this could be an alternative to GreenFoods. However, he is also keen to try out other stores in the neighborhood. He is in the ________ stage of the marketing funnel as far as shopping at VeggiesNmore is concerned.
a. aware
b. open to trial
c. most often used
d. nonrejecter
e. regular user
Business
1 answer:
ololo11 [35]2 years ago
6 0

Answer: B) Open to Trial

Explanation:

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Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-
Sindrei [870]

<span>Sales = $12,000,000</span>

<span> <span>Inventory Turnover ratio (old) = 3
</span><span>Inventory Turnover ratio (new) = 7.5
</span><span>Freed up Cash = ?
</span><span>So, let’s find out the freed up cash
<span> <span>We know level of inventory are calculated as follows;</span>
<span>Inventory = Sales Inventory turnover ratio</span>
<span>Calculating $ value of old inventory
<span> <span>Inventory Old=$12,000.0003
</span> <span><span>                         =</span>$7.5,000,000</span>
<span>  Calculating $ value of New inventory
<span> <span>Inventory New=$12,000,0075
</span> <span><span>                        =</span>$3,000,000</span>
<span> <span>The freed up cash would be=Old Inventory – New Inventory</span>
<span> <span>=$7.5,000,000 - $3,000,000
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6 0
2 years ago
Read 2 more answers
Consider the all-units quantity discount schedule below. The annual demand is 90,000 units, setup cost is $1000 per order, and a
umka2103 [35]

Answer:

Using the lowest price of $210 offered by the supplier                                                                              

Annual demand (D) = 90,000 units

Set-up cost per order (S) = $1,000

Holding cost per item per annum =  30% x $210 = $63

EOQ = √<u>2DS</u>

                H

EOQ = √<u>2 x 90,000 x $1,000</u>

                   63

EOQ = 1,690 units

The correct answer is C

Explanation:

In this case, there is need to calculate the EOQ using the least price offered by the supplier. The least price gives the minimum total cost. EOQ is calculated as: 2 multiplied by annual demand and set-up cost divided by holding cost. The EOQ of 1,690 units gives the least total cost and thus recommended.

4 0
2 years ago
DeMont Tax Services provides primarily two lines of service: accounting and tax. Accounting-related services represent 60% of it
pogonyaev

Answer:

Accounting revenue = $7,500,000

Tax revenue  = $5,000,000

Explanation:

Contribution margin is net of Sales price and variable cost per unit.

Break-even is the level of sales at which the business have no profit no loss. At this point business only covers the the variable and fixed cost.

Average contribution = (Revenue from Accounting x Contribution of accounting services ) + (Revenue from Tax x Contribution of Tax services )

Average contribution = (60% x 30%) + (40% x 40%) = 18% + 16% = 34%

Revenue at break-even = Fixed cost / Contribution margin ratio

Revenue at break-even = $4,250,000 / 34% = $12,500,000

Accounting revenue = $12,500,000 x 60% = 7,500,000

Tax revenue = $12,500,000 x 40% = 5,000,000

8 0
2 years ago
Zoe buys 50 pounds of frozen peaches each month to make her famous peach cobbler that she sells in her bakery. If Zoe believes t
Oksi-84 [34.3K]
Please forgive me if I’m wrong
I think it would be a.true
7 0
1 year ago
Harrington makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60%
GuDViN [60]

Answer:

Cash Collection is $122,000

Receivable as on August 31, is $97,000

Explanation:

Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.

A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.

Download xlsx
5 0
2 years ago
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