Hemming co. reported the following current-year purchases and sales for its only product. date activities units acquired at cost units sold at retail jan. 1 beginning inventory 200 units @ $10 = $ 2,000 jan. 10 sales 150 units @ $40 mar. 14 purchase 350 units @ $15 = 5,250 mar. 15 sales 300 units @ $40 july 30 purchase 450 units @ $20 = 9,000 oct. 5 sales 430 units @ $40 oct. 26 purchase 100 units @ $25 = 2,500 totals 1,100 units $ 18,750 880 units required: hemming uses a periodic inventory system. (a) determine the costs assigned to ending inventory and to cost of goods sold using fifo. (b) determine the costs assigned to ending inventory and to cost of goods sold using lifo. (c) compute the gross margin for each method.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?