Business, 11.12.2019 22:31 taylorwhitfield6
Foodmart inc. is a grocery supermarket chain with 65 stores in various locations across the country. for the past year, total revenues have been steadily declining, and the management wants to make some changes to try and improve earnings. according to the ceo of the company, shutting down the 10 lowest performing stores should remedy the situation. which of the following is the strongest counterargument for the above?
a) eighty percentage of the workforce in the stores is constituted of contracted laborers.
b) most of the retail stores that the company has are located in high rental demand areas
c) a recent analysis by the operations department suggests that implementing a vendor managed inventory system would significantly reduce the operating costs.
d) a recent study reveals that inventory and transportation costs contribute up to 70 percent of the total operating costs.
Answers: 3
Business, 21.06.2019 21:00
You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer
Answers: 1
Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
Business, 22.06.2019 10:50
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?
Answers: 3
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
Foodmart inc. is a grocery supermarket chain with 65 stores in various locations across the country....
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