In modern marketing, the majority of most companies' marketing efforts are geared toward cultivating relationships with loyal customers
Indicate whether the statement is true or false
FALSE
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Shaffer Company presents the following data for 2012. Net Sales, 2012 $3,007,124 Net Sales, 2011 93,247 Cost of Goods Sold, 2012 2,000,326 Cost of Goods Sold, 2011 1,000,120 Inventory, beginning of 2012 341,169 Inventory, end of 2012 376,526 The merchandise inventory turnover for 2012 is:
a. 5.6. b. 15.6. c. 7.5. d. 7.7. e. 5.2.
What is the importance of packaging?
The information that follows was obtained from the accounting records of Portofino Manufacturing during a period when the company sold 100,000 units.Sales revenue$8,800,000Variable costs2,400,000Fixed costs6,016,000Required: A. Compute the company's per-unit contribution margin and break-even point in units.B. How many units must Portofino sell to produce a target profit of $550,400?C. Assume that Portofino was able to reduce the variable cost per unit by $4. What selling price could management charge if it desired to maintain the current break-even point?D. Depreciation charges of $640,000 are included in the firm's fixed costs of $6,016,000. If these charges were to increase by 10%, what effect, if any, would this cost increase have on the company's contribution margin?
What will be an ideal response?
Title 26 of the U.S. Code includes
A) income tax legislation only. B) gift tax and estate tax legislation only. C) alcohol and tobacco tax legislation only. D) all of the tax legislation mentioned above.