You have been hired by a regional supermarket chain as the candy and snack buyer. your shelves are dominated by national firms, like wrigley’s and nabisco. the chain imposes a substantial slotting fee to allow new items to be added to their stock selection. management reasons that it costs a lot to add and delete items, and besides, these slotting fees are a good source of revenue. a small, minority-operated, local firm produces several potentially interesting snack crackers and a line of gummy candy, all with natural ingredients, added vitamins, reduced sugar, and a competitive price—and they also happen to taste great. you’d love to give the firm a chance, but its managers claim the slotting fee is too high.

1. should your firm charge slotting fees?

2. are slotting fees fair to the relevant shareholders—customers, stockholders, vendors?

The movement of an economy from one condition to another and back again

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000