The amount of cash receipts from customers in 2017 for Columbia Sportswear Company cannot be determined solely based on the given information. The accounts receivable balances at the beginning and end of the year provide information about the change in accounts receivable, but they do not reflect the specific timing of cash receipts or any other factors that could affect the calculation.
To calculate the amount of cash receipts from customers, we would need additional information, such as the collection period, the average collection period, or details regarding cash sales versus credit sales. Without this information, we cannot provide an accurate calculation for cash receipts from customers.
Similarly, calculating the cash payments for income taxes using the direct method would require additional information, such as the applicable tax rate, tax deductions, and specific timing of tax payments.
The provided information regarding accounts receivable balances and sales revenue is insufficient to determine the amount of cash receipts from customers in 2017 for Columbia Sportswear Company. Additional data, such as collection periods or details about cash versus credit sales, would be necessary for an accurate calculation. Similarly, calculating cash payments for income taxes using the direct method would require more information regarding tax rates, deductions, and timing of tax payments. It is essential to have complete and specific data to accurately assess cash receipts and payments for a given period.
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1. Consider the following revenue and cost data for Shannon’s Brewery in Keller, Texas. Shannon’s sells 35% of its craft beer production through its own on-premise taproom. The bulk of its sales (65%) are made off-premise via various retail outlets including supermarkets, bars, and restaurants. 40% of its of sales (on-premise and off-premise) consists of package sales (bottles and cans). Of this 40%, beer sold in cans accounts for 80% with sales of bottled beer accounting for the remaining 20%. Finally, the bulk of Shannon’s craft beer sales (60%) occurs in kegs (31 gallons per keg). Assume that overall sales for FY 2018 are expected to be $1,186,964. Given the proportions of beer sold in kegs, bottles, and cans, what will be the predicted dollar sales of beer sold in kegs? Round your answer to the nearest one dollar.
2. Assume the following costs in each of the categories identified in question one are:
Packaged (Cans & Bottles)
$163,251
Kegs
$76,063
Shrinkage/WIP Loss
$42,000
Contract Labor
$9,000
Direct Labor
$240,000
Freight
$18,000
Consumer Advertising
$30,000
Trade Promotion
$30,000
Sales Promotion
$18,000
Salaries & Benefits
$180,000
What is Shannon's cost of goods sold?
3. Assume that projected revenue for 2018 is 1,058,949. Also assume the following projected 2018 costs in each of the cost categories from question one:
Packaged (Cans & Bottles)
$140,847
Kegs
$65,238
Shrinkage/WIP Loss
$42,000
Contract Labor
$9,000
Direct Labor
$240,000
Freight
$18,000
Consumer Advertising
$30,000
Trade Promotion
$30,000
Sales Promotion
$18,000
Salaries & Benefits
$180,000
Given these costs, compute Shannon’s projected contribution in dollars.
4. Assume that total sales revenue for 2018 is projected to be $1,153,549. Assume also the following costs for Shannon’s Brewery:
Packaged (Cans & Bottles)
$150,000
Kegs
$80,000
Shrinkage/WIP Loss
$42,000
Contract Labor
$9,000
Direct Labor
$240,000
Freight
$18,000
Consumer Advertising
$29,454
Trade Promotion
$31,039
Sales Promotion
$18,000
Salaries & Benefits
$180,000
Compute Shannon’s %NMC. Round your answer to the nearest percent. For example, if your computed answer is 99.4% your answer rounds down to 99%. If your computed answer is 99.5% you should round up to 100%.
1. To calculate the predicted dollar sales of beer sold in kegs, first determine the proportion of overall sales that are keg sales. We know that 60% of Shannon's craft beer sales occur in kegs. Therefore, multiply the overall sales for FY 2018 by 60%: $1,186,964 * 0.60 = $712,178
The predicted dollar sales of beer sold in kegs will be $712,178. 2. To calculate Shannon's cost of goods sold (COGS), sum up all the cost categories: $163,251 (Packaged) + $76,063 (Kegs) + $42,000 (Shrinkage/WIP Loss) + $9,000 (Contract Labor) + $240,000 (Direct Labor) + $18,000 (Freight) + $30,000 (Consumer Advertising) + $30,000 (Trade Promotion) + $18,000 (Sales Promotion) + $180,000 (Salaries & Benefits) = $806,314, Shannon's cost of goods sold is $806,314. 3. To compute Shannon's projected contribution in dollars, subtract the total costs from the projected revenue for 2018: $1,058,949 (Projected Revenue) - $807,085 (Total Costs) = $251,864 Shannon's projected contribution in dollars is $251,864.
4. To compute Shannon's %NMC, divide the net marketing contribution by the total sales revenue and multiply by 100:
Net Marketing Contribution = Total Sales Revenue - Total Costs
%NMC = (Net Marketing Contribution / Total Sales Revenue) * 100
Net Marketing Contribution = $1,153,549 (Total Sales Revenue) - $807,493 (Total Costs) = $346,056
%NMC = ($346,056 / $1,153,549) * 100 ≈ 29.99%
Rounded to the nearest percent, Shannon's %NMC is 30%.
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5. The measurement of how happy the customer is with their shopping experience with a retailer is called:
O A. Product solutions
O B. Brand knowledge
O C. Customer satisfaction
O D. Product knowledge
Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
imagine inflation expectations are adaptive. a country had an inflation of 20% last year. the slope of the phillips curve is 1/2. cost-push shocks are zero. how much must short-run output be to bring inflation to 2%?
In order to bring inflation down to 2% in a country with adaptive inflation expectations, given an inflation rate of 20% last year and a Phillips curve slope of 1/2, the short-run output must be reduced by 36%.
In the Phillips curve framework, the relationship between inflation and output is described by the equation: inflation = expected inflation + (slope of the Phillips curve) * (output gap). Since we want to achieve an inflation rate of 2%, and assuming adaptive inflation expectations, we can substitute the values into the equation: 2% = expected inflation + (1/2) * (output gap). Given that the inflation rate last year was 20%, we can subtract this from the target inflation rate to find the expected inflation: expected inflation = 2% - 20% = -18%. Rearranging the equation, we can solve for the output gap: output gap = (expected inflation - target inflation) / (slope of the Phillips curve) = (-18% - 2%) / (1/2) = -36%. This means that the short-run output must be reduced by 36% to bring inflation down to 2%.
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Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of the action itself when making ethical decisions in a business context. Hailey is applying
the utilitarian theory of ethics in business contexts.
religious beliefs in business contexts.
Kantian ethics in business contexts.
the principle of rights theory of ethics in business contexts
Answer:
the utilitarian theory of ethics in business contexts.
Explanation:
According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.
In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.
what do you prefer Aldi or Lidl? and why?
who wants to make a call??
Answer:
Zoom you mean?
Explanation:
Answer:
I want to call my mom,lol
Describe two different examples of potential conflicts found in project management, and explain why these conflicts can have a negative impact on the project if they are not resolved
Two potential conflicts that can arise in project management are-
1. Conflict among team members- This is often due to differences in opinion
2. Conflict with the upper management- This happens usually because the employees feel that the upper management is insensitive towards their needs
These conflicts can impact the overall performance of the team as all the members feel discouraged or exhausted which may lead to losses due to things like inefficient delivery of products or a reduction in the number of sales, etc.
That's why it is crucial to resolve all the arising conflicts as soon as possible and therefore conflict resolution is an important skill that every project manager must have.
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A person who holds him- or herself out as a specialist or knowledgeable in a certain type of business is one type of
O negotiator
O offeree
O merchant
buyer
Answer:
Merchant
Explanation:
Financial information is presented below: Operating Expenses $50,000 Sales Returns & Allowances $13,000 Sales Discount $6,000 Sales $138,000 Cost of Goods Sold $57,000 Gross profit would be _______? (Note: Input your response as a whole number without using the "$" sign or commas (i.E. 25,000 should be entered as 25000).)
Answer:
the gross profit is 62000
Explanation:
The computation of the gross profit would be shown below:
Gross Profit = Net Sale - Cost of Goods Sold
= (Sales revenue - Sales discounts - Sales returns and allowances) - Cost of Goods Sold
= ($138,000 - $6,000 $13,000) - $57,000
= 62000
Hence, the gross profit is 62000
We simply applied the above formula so that the correct value could come
You may need to use the appropriate appendix table to answer this question.
Only 0.03% of credit card holders of a company report the loss or theft of their credit cards each month. The company has 20,000 credit cards in the city of Memphis. Use the Poisson probability tables to answer the following questions. (Round your answers to four decimal places.)
What is the probability that during the next month in the city of Memphis, every credit card is lost or stolen?
The probability that during the next month in the city of Memphis, every credit card is lost or stolen is approximately 0.0025.
We are given that the proportion of credit card holders who report loss or theft of their credit cards is 0.03%. We have to find the probability that every credit card is lost or stolen during the next month in the city of Memphis.
To solve the above problem, we have to use the Poisson distribution formula.
Poisson distribution formula is:
P(x; μ) = (e^-μ) (μ^x) / x!
Here,x = 0 (every credit card is lost or stolen)
μ = mean or average number of successes in the given time interval= λ × t, where
λ = rate of success, which is the expected number of successes per unit time or space.
For this problem,λ = number of credit card holders who report loss or theft of their credit cards= 0.03% of 20,000 (credit cards in the city of Memphis)= 0.03/100 × 20,000= 6
t = time interval = 1 month
Now, let’s put the values of λ and t into the formula:
P(x = 0; μ) = (e^-μ) (μ^x) / x
!P(x = 0; 6) = (e⁻⁶) (6^0) / 0
\!P(x = 0; 6) = (e⁻⁶)
Therefore, the probability that during the next month in the city of Memphis, every credit card is lost or stolen is approximately 0.0025.
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all of the following are included in the decision-making metric excepta.the admired observer test.
b.the legality test.
c. the moral mentor test.
d. the publicity test.
e. the transparency test.
The decision-making metric except the admired observer test. The metrics serve as guidelines for time, money, and resources and are also used for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible.
Metrics also assist us in understanding customer expectations and process flaws. The metrics serve as guidelines for time, money, and resources and are also used for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible. Metrics also assist us in understanding customer expectations and process flaws.
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which factors help explain why the austin metro area has a higher average income than other major metro areas in texas?
The factor that helps explain why the Austin Metro Area has a higher average income than other major metro areas in Texas are many big firms located in the area.
This is because the Austin Metro Area comprises many big firms that cut across all industry sectors. This area is known to have the largest employers within the City of Austin.
Aside from the government as the major employer in the area, some other top firms in these areas include Advanced Micro Devices, Apple, Inc., Austin Independent School District, IBM, Ascension Seton Healthcare Network, St. David's HealthCare Partnership, Samsung Austin Semiconductor, the University of Texas at Austin, etc.
Hence, in this case, it is concluded that the Austin Metro Area has a higher average income than other major Metro Areas in Texas because it is home to many top industries.
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how has smartphones product changed the way business is conducted? What business innovations have occurred as a result of this product being offered?
answer amd explanation: i think smartphones are a distraction.
to estimate the sharpe ratio of a portfolio from a history of asset returns, we use the difference between the simple (arithmetic) average rate of return and the t-bill rate. why not use the geometric average?
To estimate the Sharpe ratio of a portfolio from a history of asset returns, we use the difference between the simple (arithmetic) average rate of return and the T-bill rate because the Sharpe ratio measures risk-adjusted return. Geometric averages measure rate of growth rather than returns, so the simple average is a more appropriate measure.
The Sharpe ratio indicates the ratio of the portfolio's risk premium to the portfolio's standard deviation. The risk premium, expressed as a percentage, is the return earned by the portfolio in excess of the T-bill rate.
The standard deviation is a measure of risk. It determines the range of possible outcomes from the portfolio. The larger the standard deviation, the more uncertain the expected return.
How to calculate the Sharpe Ratio?The formula for the Sharpe ratio is shown below: Sharpe Ratio = (Rp - Rf) / σp, where, Sharpe Ratio = Sharpe ratio of the portfolio, Rp = expected rate of return for the portfolio, Rf = Risk-free rateσp = standard deviation of the portfolio. The higher the Sharpe ratio, the better the portfolio is because it produces a higher return per unit of risk.
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A smooth distribution with one mode is negatively skewed (skewed to the left). The median of the distribution is $65. Which of the following is a reasonable value for the distribution mean?
John scored 35 on Prof. Johnson’s exam (Q1 = 70 and Q3 = 80). Based on the fences, which is correct?
John is unusual but not an outlier.
John is neither unusual nor an outlier.
John is an outlier.
John is in the 30th percentile.
"A smooth distribution with one mode is negatively skewed (skewed to the left). The median of the distribution is $65. John is an outlier. He is in the 10th percentile.
A reasonable value for the mean of the distribution is lower than the median. In a negatively skewed distribution, the mean is located to the left of the median and will be less than the median. Therefore, a reasonable value for the mean would be lower than $65.
The question is: "John scored 35 on Prof. Johnson’s exam (Q1 = 70 and Q3 = 80).
John's score of 35 is below Q1, which is the lower fence. Therefore, John is an outlier. He is in the 10th percentile.
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Help find Robert! South Carolina people help me find Robert! thank you!
Answer:
Why do you keep on putting this out?
Explanation:
When interviewing, you should always try to lean towards the more formal side. In general, you would want to dress one step higher than those who currently work there
Answer: False, it'll be right to appear moderate and coperate
Explanation:
When attending interviews it's advised you put on your best behavior and look good. It won't be encouraging to out-dress the existing workers, it won't speak fantastic to dress better bit it's required to look good and moderate
which management scholar from chapter 3 do you find to be the most influential and important, and how would you incorporate their approach into your managerial approach?
One of the most prominent management theories, in my opinion, is Frederick Taylor's philosophy of management.
Even in the modern world, the Frederick Taylor theory can be used effectively in a variety of situations involving the management of companies with various sizes, structures, and cultures.
The core ideas of Taylor's thesis centered on organizational effectiveness. Organizations still find value in this viewpoint today. Efficiency became increasingly important for enterprises all around the world as modern management changed and economic competition rose. One of the best alternatives to differentiation is to compete with your rivals by being efficient.
Taylor suggests that in order to maintain efficiency, one should refrain from reprimanding or punishing staff members because doing so would impair their morale. Instead, companies should start paying their top performers, which will encourage more top performers to earn awards and recognition.
We can make sure that the employees in the company are kept engaged for the longest possible time in their employment by implementing various types of awards and recognition at various levels within the organization. This would increase staff productivity and help the corporation achieve organizational efficiencies, both of which are necessary for contemporary businesses to remain competitive
Because of this, I think that Taylor's theory of management is particularly significant and relevant to contemporary businesses.
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The complete question is:
Write an 300-500 word essay that answers the following question:
a. Which management scholar or scholars from Chapter 3 (e.g., Frederick Taylor, Henri Fayol, Max Weber, Mary Parker Follett, Joan Woodward) do you find to be the most influential and important, and how would you incorporate their approach into your managerial practice? i. Be sure to include terminology and concepts from the textbook in your answer.
Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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What is one way to achieve financial well-being?
Answer:
There are many ways to achieve financial well-being. Here is one way:
**Create a budget and stick to it.** A budget is a plan for how you will spend your money each month. It helps you track your income and expenses, so you can see where your money is going and make sure you are not spending more than you earn. There are many different budgeting methods, so find one that works for you and stick to it.
**Pay off debt.** Debt can be a major financial burden, so it is important to pay it off as quickly as possible. Start by making a list of all your debts, including the amount you owe, the interest rate, and the minimum payment due. Then, focus on paying off the debt with the highest interest rate first. Once that debt is paid off, move on to the next one.
**Save for emergencies.** It is important to have a rainy day fund in case of unexpected expenses, such as a job loss, medical emergency, or car repair. Aim to save enough money to cover at least 3-6 months of expenses.
**Invest for retirement.** Retirement can be expensive, so it is important to start saving for it early. There are many different ways to invest for retirement, so talk to a financial advisor to find the best option for you.
**Live below your means.** This means spending less money than you earn. It can be difficult to do, but it is important to make sacrifices in order to reach your financial goals.
**Get out of debt.** If you are in debt, it is important to get out of it as quickly as possible. There are many different ways to get out of debt, so talk to a financial advisor to find the best option for you.
**Save for your future.** It is important to save for your future, whether it is for retirement, a down payment on a house, or your child's education. There are many different ways to save for your future, so talk to a financial advisor to find the best option for you.
**Get financial advice.** If you are not sure how to achieve financial well-being, it is a good idea to get financial advice from a qualified professional. A financial advisor can help you create a budget, pay off debt, save for your future, and make other financial decisions.
Explanation:
Arriving 20 minutes early to an interview _____. is too early because you will not be able to use your cell phone during that period. is perfect timing for both you and the interviewer will not be enough time to showcase your patience while waiting may be an inconvenience to the interviewer
If an indifference curve is bowed in toward the origin, the marginal rate of substitution is
a. not likely to reflect the relative value of goods.
b.likely to be constant for all bundles along the indifference curve.
c.likely to be identical to the price ratio for each bundle along the indifference curve.
d. different for each bundle along the indifference curve.
If an indifference curve is bowed in toward the origin, the marginal rate of substitution is different for each bundle along the indifference curve. The correct option is (d).
An indifference curve is a graphical representation of different combinations of two products that offer the consumer the same degree of satisfaction or utility. As a result, an indifference curve depicts a set of bundles of two products that a consumer considers equivalent in terms of satisfaction or usefulness. The marginal rate of substitution (MRS) is the number of one good that must be sacrificed to obtain one more unit of another. In other words, it's a measure of how much one product the consumer is willing to exchange for another to keep the same level of satisfaction or utility.
MRS is likely to reflect the relative value of products. If the indifference curve is bowed in toward the origin, the marginal rate of substitution is different for each bundle along the indifference curve, which implies that the consumer is willing to sacrifice a certain amount of one commodity to gain an additional unit of another commodity. Thus the MRS depends on the bundle of products that the consumer is willing to purchase at a certain price. As a result, the consumer's MRS differs depending on the bundle of goods consumed. So, the correct option is (d.)
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Lopez Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2007. Because of a recently proven health hazard in one of its paints, the government has clearly indicated its intention of having Lopez recall all cans of this paint sold in the last six months. The management of Lopez estimates that this recall would cost $800,000.
Requried:
What accounting recognition, if any, should be accorded this situation?
The accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000.
Basically, an accounting recognition refers to the act of recording a business transaction in the firm's accounting records.
Because the management of Lopez estimates that this recall of all cans of paint sold in the last six months would cost $800,000, then, the entry will be as followsIn conclusion, the accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000
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Kristina works at a coffee shop. She can produce 200 coffee drinks in four hours. What is her productivity for one hour?
Answer: She can produce 50 drinks in 1 hour, 200/4 = 50
Answer:
50
Explanation:
divide 200 by 4
hope this helps dont 4get to like and star
-mercury
Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D. Integrity
Answer: A
Explanation: not sure, but i think its correct
Measuring conversions is a good way to calculate your ROI. Which of the following is a commonly calculated conversion? a shares, b sediment, c downloads, d likes
A commonly calculated conversion from the list is shares. The answer to this question is option a.
What are shares?Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.
Shares can be converted to be money. Therefore it is the best answer to this question.
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Which margin is at the very bottom of the page when printing worksheets?
top margin
bottom margin
header margin
footer margin
Answer:
Footer Margin
Explanation:
Just took this :)
Answer:
Footer Margin
Explanation:
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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what is a living will?
Answer:
A living will is a document that spells out what your wishes are if you're still alive, but unable to speak for yourself.
Explanation:
Answer:
A living will, despite its name, isn't at all like the wills that people use to leave property at their death. A living will, also called a directive to physicians or advance directive, is a document that lets people state their wishes for end-of-life medical care, in case they become unable to communicate their decisions. It has no power after death.
If you’re helping someone with their estate planning (or doing your own), don’t overlook a living will. It can give invaluable guidance to family members and healthcare professionals if a person can’t express his or her wishes. Without a document expressing those wishes, family members and doctors are left to guess what a seriously ill person would prefer in terms of treatment. They may end up in painful disputes, which occasionally make it all the way to a courtroom.