Answer:
That statement is true
Explanation:
Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.
This can be seen in Jerome's italian pizza.
"Increase profits by 15% a year for each of the next five years" is what considered to be the desired outcome.
lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.
Answer:
Sheffield Realty Corporation
Sales Revenue : Group 1 ( 3 * $4,500) $13,500
Group 2 (9*6,000) 54,000
Group 3(15*3,600) <u> 54,000</u>
283,500
Cost of Lot sold <u> (123,697)</u>
Gross Profit 159,803
Operating Expenses <u> (18,000)</u>
Net Income <u> 141,803</u>
Workings
1. Total cost of building = cost of land + additional cost
= $115,500 + $72,336
= $187,836
2. Total Number of lots available for sales = 8 + 16 +17 = 41
3. Number of lot sold = (8-5) + (16 -7) + (17-2) = 27
4. cost per Lot = $187,836/ 41 = $4,581.37
5. cost of lot sold = $4,581.37 * 27 = $123,696.88
$123,697
Explanation:
Answer:
D perfrom market testing on each product idea
Answer:
Unitary contribution margin= $2.2
Explanation:
Giving the following information:
Tons of cement produced and sold 240,000
Sales revenue $1,008,000
Variable manufacturing expense $439,000
Variable selling and administrative expense $41,000
<u>First, we need to calculate the total contribution margin:</u>
Total contribution margin= 1,008,000 - 439,000 - 41,000
Total contribution margin= $528,000
<u>Now, the unitary contribution margin:</u>
unitary contribution margin= 528,000/240,000
unitary contribution margin= $2.2
