All categories

1 year ago

Brad purchased a company that is not profitable. What are two courses of action he could take to boost profits in the company?

Business

2 answers:

docker41 [41]1 year ago

8 0

Answer: Examing demand for the products.

Gauge customer satisfaction.

Explanation: we dont have to sell products we like or want to sell, but products people demand. First we have to do is knowing consumers and what do they want. And keep our customers highly satisfied.

Anarel [89]1 year ago

4 0

Answer:

B. examine demand for the products

C. gauge customer satisfaction

Explanation:

Innovation is one technique by which an organization may expand a piece of the overall industry. At the point when a firm brings to advertise another change, its rivals still cannot seem to offer, customers wishing to possess the difference get it from that organization, regardless of whether they recently worked with a contender.

By reinforcing customer relationships, organizations ensure their current piece of the pie by keeping current clients from escaping when a contender reveals a hot new offer.

You might be interested in

A country's economic data indicates that there has been a substantial reduction in the financial capital available to private se

NeTakaya

Answer:

D. especially large and sustained government borrowing

Explanation:

When a government spends more than it collects in taxes, it runs a budget deficit. When the government starts borrowing large sums too much, it can substantially facilitate the reduction in the financial capital available to private sector firms, as well as lead to trade uncertainties and even financial crises.

8 0

2 years ago

Denton Company manufactures and sells a single product. Cost data for the product are given below:

marissa [1.9K]

Answer:

1. The unit product cost under absorption costing and variable costing.

Product Cost : Absorption Costing = $23,44

Product Cost : Variable Costing = $19.00

2. Contribution format variable costing income statements for July and August.

July August

Sales 1,196,000 1,612,000

Less Cost of Sales : (437,000) (513,000)

Opening Stock 0 76,000

Add Production 513,000 513,000

Less Closing Stock (76,000) (76,000)

Contribution 759,000 1,099,000

Less Expenses :

Selling and administrative expenses

Variable : (23,000) (21,000)

Fixed : (169,000) (169,000)

Net operating income 567,000 909,000

3. Reconcile the variable costing and absorption costing net operating income

July August

Absorption costing net operating income $584,760 $891,240

Add Fixed Costs in Opening Inventory $17,760

Less Fixed Costs in Closing Inventory ($17,760)

Variable costing net operating income $567,000 $909,000

Explanation:

Product Cost : Absorption Costing = All Manufacturing Costs (Fixed and Variable)

= $5+$11+$3+($120,000/27,000)

= $5+$11+$3+$4.44

= $23,44

Product Cost : Variable Costing = Variable Manufacturing Costs

= $5+$11+$3

= $19.00

6 0

1 year ago

Kasravi Co. had net income for 2011 of $300,000. The average number of shares outstanding for the period was 200,000 shares. The

yuradex [85]

Answer:

$1.49 per share

Explanation:

The calculation of diluted earnings per share is given below:-

Diluted shares outstanding= $200,000 + 12,000 × ($36 - $30) ÷ 36

= $200,000 + 12,000 × 6 ÷ 36

= $200,000 + 2,000

= $202,000

Diluted earnings per share = Net income ÷ Diluted shares outstanding

= $300,000 ÷ $202,000

= $1.49 per share

Therefore for computing the diluted earnings per share we simply divide the net income by diluted shares outstanding.

5 0

2 years ago

In 2017 Wilkinson Company had net credit sales of $2250000. On January 1, 2017, Allowance for Doubtful Accounts had a credit bal

mamaluj [8]

Answer:

$114,000

Explanation:

Given that,

Net credit sales = $2,250,000

Opening allowance for Doubtful Accounts = $36,000

Uncollectible accounts receivable written off = $90,000

Firstly, we need to find the excess amount to be adjusted to allowance for Doubtful Accounts. It is calculated as follows:

= Uncollectible accounts receivable written off - Opening allowance for Doubtful Accounts

= $90,000 - $36,000

= $54,000

Allowance amount:

= 10% of the balance in receivables

= 0.1 × $600,000

= $60,000

Therefore, the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017 is determined by summing up the excess amount and allowance amount.

= Excess amount to be adjusted to allowance for Doubtful Accounts + Allowance amount

= $54,000 + $60,000

= $114,000

4 0

2 years ago

You are considering replacing your aging propane furnace for a natural gas model. The propane model originally cost $2,200, will

Nat2105 [25]

Answer:

The information is not complete (we do not know the useful life of the propane model), but the difference in costs between one project and the other is two large. The NPV of the savings for the gas model almost pays for the initial investment, plus the present value of the costs of using the gas model are much lower for future equivalent projects, we can assume that replacing the propane furnace with the gas model is a good investment.

We cannot determine exactly by how much the actual worth of the costs of the gas model are lower than the costs of the propane model, but there is no doubt that they are much lower. The only way that the propane model would have lower actual costs would that its useful life is much longer.

Explanation:

use propane model use gas model

initial investment $0 $1,800

operating costs $800 $600

useful life 6 years 13 years

present value of the costs for first product life cycle:

$3,559 (6 years) $6,129 (13 years)

Since the useful lives of the alternatives are not the same, we must find a common denominator for the useful life of the alternatives. Here we have a problem because we are not given the information.

But we can assume that the useful life of a propane furnace is also 13 years:

use propane model use gas model

initial investment $2,200 $2,200

operating costs $800 $600

useful life 13 years 13 years

residual value $0 $500

present value of total costs per life cycle:

$8,190 $6,529

Now we need to determine the NPV of the money saved by using gas propane = -$140 (-$1,800, 9%, $200 saved during 12 periods and $700 received at last period), so basically the gas model almost pays for itself with the money it saves.

5 0

1 year ago