Question
In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build
In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build the unit, plus period expenses, and plus overhead.
At the end of last year the broad cost leader Digby had an Elite product Daze. Use the Inquirer's Production Analysis to find Daze's production cost, (labor+materials). Exclude possible inventory carrying costs. Assume period expenses and overhead total 1/2 of their production cost. What is the minimum price the product could have been sold for to cover the unit cost, period expenses, and overhead? Select: 1 A-$21.45 B-$32.17 C-$10.72 D-$35.00
Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Chester has obtained a productivity index of 109.4%. This means that Chester's labor costs would be increased by 9.4% if it did not have these productivity improvements. This is a competitive advantage that Chester can sustain or even widen further if its competitors have no HR initiatives. Now, refer to the Income Statement in Chester's Annual Report. How much did Chester's productivity improvements save it in direct labor costs (in thousands) last year?
Select: 1
A-$3,140
B-$29,784
C-$821
D-$3,063
Your team has recently experienced some difficulties and setbacks. Some of your teammates have expressed their lack of confidence in the team. Which of the following tactics is most likely to help boost your teammates perception of the teams capability to perform well? Select: 1 A-Encourage your teammates to focus on the future and not to dwell on the past. B-Discuss the past successes your team has had and how the team pulled together to get the job done. D-Allow time at a team meeting for everyone to openly share any complaints they might have about one another. C-Identify the teams weak links that led to the teams past failures.
Your first team meeting is dedicated to setting goals for a new and challenging project. Which of the following actions would be most effective in helping your team attain its goals? Select: 1 A-Ensure that the team goals are specific and challenging. B-Ask a member of senior management to make a presentation about the importance of the teams success in reaching its goals. C-Ensure that the team goals are general enough to allow for freedom in how tasks are accomplished. D-Review the goals to make sure they are inspirational enough to carry the team through difficult times.
You were recently hired by the Andrews CEO as a consultant to evaluate the performance of the Chief Financial Officer (CFO). As part of that process, you interview the CFO's direct reports (employees). Although they indicate that the CFO is technically competent, one individual told you stories about the CFO's verbal abuse with employees. Given this information, what would be the most effective next step in the process? Select: 1 A-Focus on the CFOs work performance since his personal behavior is inappropriate in the workplace. B-Collect more information about the extent to which this reported behavior is impacting others. C-Inform the human resources department that there is a potential problem. D-Tell the CEO about what you have uncovered and ask for her permission to speak about it with the CFO.
You are having a lunch meeting with a loyal and very good customer. Over lunch you happen to mention that your application to an exclusive golf club was denied for the second time. Your customer responds, "Hey, why didnt you tell me? My family has been members there for 40 years, let me make a phone call, Im sure we can get it worked out." Which of the following statements should represent your primary concern about this situation? Select: 1 A-Current members of the club are likely to know I wasnt accepted through the proper channels. B-My customer has increased influence over me that he might try to use for special treatment or deals. C-If anyone else at my company learns about this, they might think that I bribed the customer. D-My customer likely feels forced into having to help me.
Looking forward to next year, if Baldwins current cash balance is $19,743 (000) and cash flows from operations next period are unchanged from this period and Baldwin takes ONLY the following actions relating to cash flows from investing and financing activities:
Issues 100 (000) shares of stock at the current stock price Issues $200 (000) of long-term debt Pays $40 (000) in dividends
Which of the following activities will expose Baldwin to the most risk of needing an emergency loan? Select: 1 A-Liquidates the entire inventory B-Purchases assets at a cost of $15,000 (000) C-Retires $20,000 (000) in long-term debt D-Sells $5,000 (000) of their Long-term assets
Round: 0 Abdulrahman Alharbi Student: Dec. 31, 2017 Abdulrahman Alharbi Chester Andrews Abdulrahman Alharbi Baldwin Di Selected Financial Statistics Andrews 12.3% 1.32 16.3% Baldwin 9.2% 1.27 11.8% Digby 8.6% 0.94 8.1% Chester 57% 0.91 5.2% 2.7 13.7% $0 ROS sset Turnover ROA Leverage (Assets/Equity) ROE Emergency Loan Sales EBIT Profits 28.3% $0 22.4% $0 19.2% $163,405,682 $119,585,004 $131,627,447 $118,809,302 $36,465,763 $21,603,263 $21,737,197 $23,745,048 $20,139,267 S11,056,951 $7,499,948 $10,189,632 $0 11.2% umulative Profit SG&A /Sales Contrib. Margin $0 7.9% 34.1% 10.3% 33.3% $0 97% 33.8% 38.8% Market Share 100% 90% D Other Depr Var Costs 50% Andrews 30.63% -Baldwin 22.42% ester 24.68% Digby 22.27 % Andrews Baldwin Chester COMP-XMO INQUIRER Page 1 Top Round: 0 Stocks & BoUIRER Abdulrahman Alharbi December 31, 2017 Stock Market Summa MarketCap Book EPS Dividend Yield P/E ompany Close Change Shares ndrews $95.50 $15.09 2,051,207 aldwin $55.60 $7.00 1,909,872 hester $44.61 $0.90 2,566,559 53.12 $10.94 2,173,578 (SM) Value $196$34.70 $9.82 $106$25.90 $5.79 $114$21.30 $2.92 $115 $24.47 $4.69 $6.50 6.8% 9.7 $2.34 4.2% 9.6 $4.95 11.1%15.3 $2.88 5.4% 11.3 Glosing Stock rice Andrews Baldwin Chester Digby S100 S80Step by Step Solution
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