Application X-Trac Computer Co 1. What is the likely reason Xtrac persistently underforecast sales? * I personally think that the main reason why Xtrac is persistently underforecast it’s because the sales offices set their own goals without an opinion of the manufacturing department and also they don’t take into account the growth from one year to year. * Sales representatives income is based 30% on a small wage and 70% on commissions‚ so whenever they do the forecast‚ they tend
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Harmonic Hearing Co. Case Recommendation Under the two circumstances presented‚ I recommend that Harriet Burns and Richard Irvine should finance the purchase of Harmonic Hearing Co. through the deal proposed by the private equity firm‚ Comet Capital. This proposal best aligns with Burns and Irvine’s goal to select an option that offers the “best combination of cost‚ expected return of their ownership interest and financial flexibility.” To evaluate the two alternatives‚ a comparison
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The Vermont Teddy Bear Co Making decisions is certainly the most important task of a manager and it is often a very difficult one. This article offers a decision making procedure for solving complex problems step by step. It presents the decision-analysis process for both public and private decision-making‚ using different decision criteria‚ different types of information‚ and information of varying quality. It describes the elements in the analysis of decision alternatives and choices‚ as well
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COMPANY PROFILE-PEPSI CO. (US) PepsiCo is a world leader in convenient foods and beverages‚ with revenues of about $27 billion and over 143‚000 employees. The company consists of the snack business of Frito-Lay North America and the beverage and food businesses of PepsiCo Beverages and Foods‚ which includes PepsiCo Beverages North America (Pepsi-Cola North America and Gatorade/Tropicana North America) and Quaker Foods North America. PepsiCo International includes the snack businesses of Frito-Lay
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Chapter 9 When valuing raw materials inventory at lower-of-cost-or-market‚ what is the meaning of the term "market"? a. Net realizable value b. Net realizable value less a normal profit margin c. Current replacement cost d. Discounted present value The floor to be used in applying the lower-of-cost-or-market method to inventory is determined as the a. net realizable value. b. net realizable value less normal profit margin. c. replacement
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Table of Contents 1. In what way(s) is Tiffany exposed to exchange-rate risk subsequent to its new distribution agreement with Mitsukoshi? How serious are these risks? 2. Should Tiffany actively manage its yen-dollar exchange rate risk? Why or why not? 3. If Tiffany were to manage exchange rate risk activity‚ what should be the objectives of such a program? Specifically‚ what exposures should be actively managed? How much of these exposures should be covered‚ and for how long? 4. As instruments
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9-1 Identifying the Genetic Material Griffith’s experiments Frederick Griffith‚ a bacteriologist‚ was trying to prepare a vaccine against the pneumonia-causing bacterium‚ S. pneumoniae. A vaccine is a substance that is prepared from killed or weakened microorganisms and is introduced into the body to protect the body against future infections by the microorganisms. Griffin worked with 2 types‚ or strains of S. Pneumonia. The first strain is enclosed in a capsule made of polysaccharides
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Roommate – order receiving‚ packaging and payment receiving: 15 orders per hour. The bottleneck of the process would be oven‚ whose capacity is 6 orders per hour. Excluding the order receiving‚ mixing and spooning time of the first order (1+6+2=9 minutes) and the cookie cooling‚ packaging and payment receiving time of the last order (5+2+1=8 minutes)‚ we have 3.72 hours which allows us to fill in 22.3 orders in one night. The number of orders has to be an integer. So‚ we can fill in orders.
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MULTIPLE CHOICE—Conceptual 1. Which of the following is true about lower of cost or market? a. It is inconsistent because losses are recognized but not gains. b. It usually understates assets. c. It can increase future income. d. All of these. 2. The primary basis of accounting for inventories is cost. A departure from the cost basis of pricing the inventory is required where there is evidence that when the goods are sold in the ordinary course of business their a. selling price will
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1.0 Introduction Merck & co also know as Merck Sharp & Dohme‚ MSD outside the United States and Canada. Merck is known internationally as an American pharmceutical giant. In 1668‚ in Germany‚ a drug store had been purchased by Jacob Friedrich Merck fom whom it originates and later on Emanuel Merck had taken over the store in 1816. Merck is not only one of the largest pharmaceutical companies but also has published many series of medical reference books. Merck had always been admired worldwide for
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