A grocery store is trying to find a new supplier for carrots. Its three most important supplier criteria are freshness, lot size, and cost, with factor weights of 0.6, 0.1, and 0.3, respectively
What would a supplier with ratings of 6, 8, and 10 in the three respective categories score as a weighted total?
A) 24
B) 1
C) 7.4
D) 9.8
E) 8
C
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Which of the following combinations results in a net loss reported on the income statement?
A. Total revenues of $80,000 and total expenses of $74,000. B. Total revenues of $40,000 and total expenses of $31,000. C. Total revenues of $70,000 and total expenses of $74,000. D. Total revenues of $60,000 and total expenses of $52,000. E. Total revenues of $20,000 and total expenses of $16,000.
Assume that the forecasted cost of goods sold is $800,000, budgeted selling and administrative expenses are $320,000, planned capital expenditures are $320,000, and the tax rate is 40 percent. What is the forecasted net income if 15,000 units are expected to be sold at $150 per unit?
A) $678,000 B) $452,000 C) $805,000 D) $483,000
The external forces are commonly called _________ forces, which are the external forces that management has no direct control over, although it can exert influence.
Fill in the blank(s) with the appropriate word(s).
Which of the following is an advantage of using commissioned reports as sources of data for
market sizing? A) Commissioned reports are industry-specific and the data is highly relevant. B) Commissioned reports are very inexpensive and are easily accessible. C) Commissioned reports can be compiled at short notice and with minimal labor. D) Commissioned reports are the most reliable source of information.