product if you own a car • High profit margin in the retail sector and especially in the used spare parts • The presence of new models and new technology • Customer loyalty is heavily present in this kind of business Cons: • Shipping cost and different currencies • Large number of dealers • Requires huge warehouses • Marketing and advertisement are not involved • Word of mouth in Lebanon could highly affect a store’s reputation • Probability of outdated inventory
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| Cost of Labor‚ | Return on investment | New investment‚ by product line | Cost of supplies | Internal( technology) | Cycle time | Productivity measures‚ hour per product | Equipment checking ‚ new machine | Inventory | Employees | Training hours‚ new program‚ productivity | Satisfaction | Development | Advices about the job | Customer | Lead time | Retention | Satisfaction | Number of customers | Shipment and delivery | 3-57. Cost of Goods Manufactured
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Journal Entries for Jan 1‚ 2003 to Dec 31‚ 2003 1/2 | Cash | | 375000 | | | | Capital Stock | | 375000 | 1/2 | Patent | | 125000 | | | | Capital Stock | | 125000 | 1/15 | Inc. Expenses | | 7500 | | | | Cash | | 7500 | 6/15 | PPE | | 62500 | | | | Cash | | 62500 | 6/24 | Inventory | | 75000 | | | | Cash | | 75000 | 7/1 | Service Expense | | 23750 | | | | Cash | | 23750 | 12/31 | Account Receivables | | 69500 | | | Cash | | 685000 | |
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Storage Kits Due: July 18‚ 2011 Complete the case with these additional instructions: 1. Add the following columns: 2. Part 1 a. Annual Sales b. Annual COGS c. Annual Gross Profit d. Average Inventory Costs e. Gross Margin Ratio f. Markup g. Inventory Turnover h. Days in Inventory 3. Part 2 a. Gross Margin per Unit b. Percent of Sales 4. Provide the Average‚ High & Low for each applicable
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ratio of a firm’s cost of goods sold to its average inventory level‚ is generally used to measure performance of inventory management‚ analyze short-term liquidity‚ and assess performance improvements over time. In general‚ a higher value of inventory turnover indicates better performance in controlling inventory levels. And a lower value may be an indication of over-stocking which may pose risk of obsolescence and increased inventory holding costs. Inventory Turnover=cost of good sold/average inventory
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Payment 5 3.4. Competition 5 4. Operations 6 4.1. Marketing & Promotion 6 4.2. Management and Staffing 7 4.3. Hardware & Software 8 4.4. Risks 9 5. Financials 10 5.1. Developmental Costs 10 5.2. Operational Costs 10 5.3. Sales & Marketing Costs 11 5.4. Revenue Model 11 5.5. Profit and Loss Forecasts 12 6. Timeline 13 7. Conclusion 13 8. Bibliography 14 9. Appendices 15 1. Executive Summary There is a strong future in the sale of
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the liabilities that borrow from bank will spend more money than that from friend. Borrowing from friends is good for the business. This financing way is convenient‚ cheap and effective. • Place Good place makes good profit. The pet kennel should open at where has a plenty of residents who are rich. And it has a suitable rent that about 7‚000RMB every month. Near the shop should have good
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Question 1 Mr. Robert Paris is a salesman for Eiffel Ltd.‚ a public corporation. He provides you with the following information. Salary income $30‚000 Commission Income $45‚000 He is covered by his employer’s group term insurance plan for 2x his salary income. The premium paid by Eiffel Co. is $8 for each $1‚000 of coverage. On January 1‚ 2007‚ he received the following loan from Eiffel Co: • $80‚000 to purchase a home (he transferred from Quebec City on December 2006)
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ethical operation of the business. (1) Explain how limited access can satisfy the purpose of internal control (10 points) and (2) provide an example of how this control could be implemented. 4. (TCO 4) Inventory valuation methods determine the cost of goods sold and the inventory balance. (1) Explain how the Last in First out (LIFO) method is applied (10 points) and (2) provide an example of the impact that this method of inventory valuation will have on Gross Profit. 5. (TCO 1) To evaluate the
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the company using group buying must divide their prices into two parts: the first part is like the gross revenue they’re given when their goods are bought‚ and the second part is for the website or the organization that runs the group buying system as the fees of using their services. November 2008‚ groupon.com was the very first offering this kind of dealing goods. It is so famous these days that people use group on as a verb‚ like google. And now‚ there are hundreds of sites offering unbeatable
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