Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1) Spotless Carpet Cleaners sells its services through multiple channels. These channels generate the following margins: 40%, 35%, 27%, 23% and 20%, respectively. Spotless

Question 1)

Spotless Carpet Cleaners sells its services through multiple channels. These channels generate the following margins: 40%, 35%, 27%, 23% and 20%, respectively. Spotless Carpet Cleaners sells all of its units through these channels. Channel A sells 6 units, Channel B sells 12 units, Channel C sells 18 units, Channel D sells 20 units, and Channel E sells 25 units. What is the weighted average channel margin?

Question 2 )

Jane owns a small office furniture store. She buys Brand A desk chairs from a local distributor for $138 per unit. Jane wants to purchase directly from Brand A's website, and she wants to calculate what he would pay if she received the same price that Brand A charges her distributor. Jane knows that the distributors percentage margin is 34%. What is Brand A's selling price?

Question 3 )

Judy's Pies sells an average of $12,100 of pies each month without advertising. In July, while running an online ad campaign that cost $ 500, the store sells $14,635 worth of pies. No other promotions were offered during July, but a 10% discount was offered in August. What is Judy's Pies ad campaign lift %?

Question 4 )

Stromboli's knows that the demand for their personal size pizza is a simple linear function of price. They can sell 14 personal size pizzas at a price of zero. When the price hits $8 per unit, demand falls to zero. How many units will Stromboli's sell if the price is $6?

Question 5 )

The convenience store chain sells windshield cleaning fluid. They know the brand follows a linear demand function. At the current price of $4.75 per unit, his firm currently sells 120,000 units with an elasticity of 2.5. They plan to raise the price to $5.13 per unit in order to standardize margins across brands. At $5.13, how many units would be sold?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Quality And Financial Statements Fraud Detection

Authors: Asma Al-znaimat, Mohammad Al- Dahiyat

1st Edition

3659537888, 978-3659537882

More Books

Students also viewed these Accounting questions

Question

=+e. Replace all slips, so that the bag now contains all 12 eggs.

Answered: 1 week ago

Question

d. Who are important leaders and heroes of the group?

Answered: 1 week ago