Gross margin

Nike also strives to expand gross margin, optimize their selling and administrative expenses, improve the efficiency of their working capital, and deploy capital effectively. Likewise, Under Armour’s business strategy is to become a global brand with the development along with marketing…

The variable cost is $1 per flange for materials, and $2 per flange ($20 per hour divided by 10 flanges per hour) for direct manufacturing labor. 2. The inventoriable (manufacturing) cost per unit for 5,000 flanges is $3 × 5,000 + $20,000 = $35,000. Average (unit) cost = $35,000 ÷ 5,000 units = $7 per unit. This is below Fred’s selling price of $8.25 per flange. However, in order to make a profit, Graham’s Glassworks also needs to cover the period (non-manufacturing) costs…

The Malcolm Baldrige Award was set up in 1987 with the signing of the Malcolm Baldrige National Quality Improvement Act of 1987 by the honorable late President Reagan. However, in the last four years, the Malcolm Baldrige National Quality Award has become the most important symbol for transforming American businesses. The Reason for coming up with this award was to encourage quality awareness and innovation and to actively advertise these winning strategies to United States businesses. So, many…

PEST Analysis PEST analysis refers to all the macro-environmental factors that are important for strategic management. The importance of all these factors is different for different companies or industries but they play very important role to take future action of every organization. PEST Analysis for Nike. Political Factors Rules & regulations of government always put big effect on stability and instability of any worldwide business. The US government department has always makes helpful…

Chapter 1 INTRODUCTION Harley Davidson, which is known as Harley, is an American motorcycle manufacturer. The company was founded in Milwaukee, Wisconsin in 1903. It is one of two major American motorcycle manufacturer companies to survive the Great Depression. It has survived numerous ownership arrangements and subsidiary arrangements. On the other hand, the company has also suffered from periods of poor economic health and quality of products in global competition to become the world's 5th…

PART – 1: EQUITY VALUATION Executive Summary Equity valuation is the determination of a company’s total value, which involves more than examining revenue and assets figures in the financial statements. Several financial indicators are taken into account for practicing equity valuation. It provides an accurate perspective, to the shareholders, creditors and prospective investors, of the company’s true value at any given time (Christensen &Feltham, 2009).The data point related to the value of a…

There is an increasing trend towards accepting own label trends due to multiple reasons like own branding and high profit . FoodWorld is taking high efforts to increase the own label products and try to maximize profits for better margins in own label. COST OF PURCHASE FoodWorld is following cost of purchase method which helps to avail perishable products from the farmers at lower cost. GRADING GOODS A grading centre is in the planning stage which will sort out the right goods at the farm level…

Industry change. The major production in both of TCL and Flat-panel TV and TVs could support DVD and digital television screen are shared more and more market share. Clearly, the industry is facing a profound change to the high-technology. Also, networks become the next generation. The distinction between fixed and mobile networks is becoming increasingly blurred. As wireless networks adopt advanced, high-capacity technologies, they are adding video services to voice and internet offerings. This…

part of being a good and aware citizen, but at time even the best money management skills are not good to help someone deal with an oncoming recession or even worse a depression. Realizing your place as an individual contributing to a larger nation’s gross domestic product gives you the perspective of why you lost your job due to the…

Assessment It has been a pleasure to work with Serious Reader Company (SRC) and I am pleased to present to you the 2016 Income Statement (IS). In compliance with your request, the Managerial accounting interpretation of the results and merely in gross margin income, statement was using Variable Costing. The cost classification is based in “all non-manufacturing categories”, direct, indirect and fixed. It also includes the recommended projection on how SRC can adjust its strategies. By looking…