D. $17,241. E. $16,667. 3. Norton Co., a U.S. corporation, sold inventory on December 1, 2011, with payment of 10,000 British pounds to be received in sixty days. The pertinent exchange rates were as follows: What amount of foreign exchange gain or loss should be recorded on December 31?
JJB aims to offer its large selection of high quality coffee products and fresh baked goods products at a competitive price to meet the demand of the middle-to higher-income local market area residents and tourists at all times during operating hours. I feel that as a developing business it is very important that you are well aware of the type of clientele you will be serving and adjust your services and or prices accordingly. For instance the fact that this business is designed to meet the demand of middle-to higher-income clientele it would not be beneficial or appropriate for the business to be located in an area where people with lower incomes reside. Amongst the many strengths JJB possesses the very first strength can be found in the financing. The owners have each used $55,000 of their personal savings, for a total of $110,000.
AXE is a body spray that is heavily advertised in today’s society. We have all heard the phrase, “sex sells,” and undoubtedly seen it work. Axe body spray has become an object that exemplifies sex to young adult males and creates a sense of confidence to those that use the product. "Axe is all about being a guy's wingman and helping him as he navigates the mating game," said Mike Dwyer, a marketing director at Unilever (Newman). The advertisement for this analysis is one that tries to sell a body fragrance from AXE called dark temptation.
AMBA 630 Week 2 1.) What 3 items of important information does the income statement reveal about the financial performance of the company over the last three years? $ in Millions(except for per share items) | 2011 | 2010 | 2009 | Revenue | 12,317 | 11,691 | 10,908 | Gross Profit | 1,602 | 1,475 | 1,235 | S. G. & A Expense | 752 | 780 | 722 | Operating Income | 508 | 695 | -274 | Net Income | 198 | 458 | -346 | Income Statement % | 2011 | 2010 | 2009 | Revenue Growth | 95 | 93 | | Gross Profit/Revenue | 13 | 13 | | S. G. & A Expense | 6 | 6 | 6 | Operating Income/Revenue | 4 | 6 | -3 | Net Income/Revenue | 2 | 4 | 3 | Revenue Growth: Should grow over time, & the Marriot
Eric Allen 6/16/2015 FIN 3400 Professor Rusell MACY’s, Inc. vs Express, Inc. The two stores I decided to compare for my financial ratio analysis was Macys, Inc. and Express, Inc. These are both indeed clothing stores however they entail very different aspects about one another. Express consists of over 600 stores in the United States and renders around $1.8 billion in sales on an annual basis. Macys on the other hand is known on a more international level with 789 department stores and also named the 16th largest retail store in 2012.
Strategic planning is crucial at this stage and there are tools available to help any business perform the analysis needed to succeed. Kudler Fine Foods is an upscale food store specializing in foods and services that appeal to a niche market; gourmet chefs and gourmet chefs in training. The firm had good initial success with its first two stores, but its third store is suffering with lower than expected sales. The firm wishes to continue expansion and increase profitable growth. Before moving forward the company’s owner, Kathy Kudler, needs to understand her company fully and have accurate knowledge about the firm’s internal and external environment.
Firms in the fast food industry and home meal replacements have to continuously innovate to maintain various product differentiations and high quality of food and service in order to stand out against competitors. Otherwise, their product is easily substituted. Bargaining power of buyers: The bargaining power of buyers is high since customers have low switching costs. Thus, each firm within the industry is susceptible to losing customers. To address this,
The strengths of the company are beneficial for sustenance; however, the weaknesses could pose a threat to the company’s long-term viability and its desire to remain a leader in the region. The structure of Kudler is a monopolistic market structure because there are many stores offering similar products, but differentiated. If Kudler Fine Foods implements the recommendations, it can continue the substantial lead it has in the market as well as expand to become a nationally recognized
Grocery stores are in competition with smaller markets like Kudlers and Whole Foods. If the brand name grocery stores like Ralphs and Vons did not offer organic and specialty items, the market structure of Kudler Fine Foods would differ. This market structure positively affected Kudler because there was no barrier to entrance within the quality foods market. What negatively affects the company with this market structure is that they are compared to big companies who are able to supply some of these rare items at a more competitive price. One of the marketing strategies that ensure the company of long-term profitability is the personal relationship built with the customer base.
Over the last couple of years, the United States has, not only, become the most obese country in the world, but also has a large increase in health problems such as heart attacks, diabetes, high blood pressure, and strokes. Business executives of fast food restaurants do not consider the well being of their consumers because that same greed they have, doesn’t allow them to worry about them. In chapter two of the book, “Welcome to Fatland,” there is a focus on how executives came up with different ways to earn more profits and entice customers to buy their products. The best marketing strategy they have developed is “bigness.” Basically, this strategy consists of offering larger quantities to consumers. The cost to the company to produce bigger goods is only slightly different than producing the regular sized, and they could charge consumers a higher amount.