Cathy's clientele consists of two-thirds residential customers and one-third business customers, with 350 residential customers in total.
Determine:
The overall number of customers
Solution:
Considering 350 represents two-thirds of the total customers, divide 350 by 2 to get 175, which equals one-third of the customer base.
175 × 3 = 525
<span>Thus, the total customer count is 525.</span>
To ensure a stocking level that allows for half of the day-old cakes to be sold while the rest are discarded, an appropriate level is 5 cakes, as the shop should aim for a service level exceeding 0.4.
Answer:
Explanation:
The journal entry serves as a documentation of transactions corresponding to their accounts utilizing the debit and credit framework. A debit signifies an increase while a credit denotes a decrease.
S / NO Particulars Debit Credit
1 Cash 200,000
Share stock 200,000
2 Inventory 483,000
Account payable 483,000
3. Account receivable 675,000
Sales 675,000
Cost of goods sold 405,000
Inventory 405,000
4 Cash 562,000
Account receivable 562,000
5 Account payable 431,000
Cash 431,000
6 Motor Vehicle 39,000
Cash 39,000
7 Rent 25,200
Prepaid rent 2,100
Cash 27,300
8 Operating Expenses 20,000
Cash 18,000
Operating expenses payable 2,000
9 Depreciation 2,000
Motor Vehicle 2,000
10 Dividends payable 8,500
Cash 8,500
Answer:
A strategy aimed at being a low-cost provider of branded footwear may be ineffective unless the management team:_______.
5. establishes production facilities across all 4 geographic zones, produces and markets branded footwear with a minimum S/Q rating of 5 stars, and captures global market leadership for both private-label and branded footwear.
Explanation:
The U.S. market, known for its global influence and presence, cannot be overlooked by any U.S.-based company. Thus, setting up manufacturing in all 4 regions will improve the company’s market share and enhance its domestic and international image.
Leading branded footwear companies like Nike, Adidas, Jordan, and Reebok are already competing alongside numerous others in the footwear market. To reach their level of performance, achieving a 5-star or better S/Q rating is essential.
The Business Strategy Gaming (BSG) consumer group assigns S/Q ratings from 0 to 10 stars based on the styling and quality of each company's branded footwear. Medium.com mentions that aiming for at least 20% market share in every segment is vital for enhancing the BSG rating, as balanced representation across geographical areas positively impacts the overall brand perception.
Answer:
Below are detailed factors she might want to take into account when selecting a certificate of deposit.
Explanation:
A larger principal amount is likely to yield a higher interest rate.
Generally, a longer duration will result in a better interest rate, unless there’s an altered yield curve situation.
Smaller companies tend to provide better interest rates than larger firms.
Personal CD accounts typically offer higher interest rates compared to those available for business accounts.
