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Organic Farming
One element of sustainability is organic farming. But if you've priced organic foods, you know they are more expensive. Organic farming costs much more than conventional farming, and those costs are passed on to consumers. For example, a dozen conventionally farmed eggs costs consumers $1.50, whereas a dozen organic eggs costs $2.80. However, if prices get too high, consumers will not purchase the organic eggs. Suppose that the average fixed costs for conventionally farmed eggs are $1 million per year but they are twice that amount for organic eggs. Organic farmers' variable costs per dozen are twice as much as well, costing $1.80 per dozen. Refer to Appendix 3, Marketing by the Numbers, to answer the following questions
1. Most large egg farmers sell eggs directly to retailers. What is the farmer's price per dozen to the retailer for conventional and organic eggs if the retailer's margin is 20 percent based on the retail price? (AACSB: Written and Oral Communication; Analytical Thinking)
2. How many dozen eggs does a conventional farmer need to sell to break even? How many does an organic farmer need to sell to break even?
Which of the following would be a step in an internal control program?
The dean of the School of Fine Arts is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels compelled to earn an 10 percent return on the investmen..
Prepaid Rent was $800 at the end of May and $1,300 at the end of June. Rent Expense for June was $720. How much cash was paid for rent during June
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Borques Company produces and sells wooden pallets that are used for moving and stacking materials.
Analyze the following comment: "Cost cutting has become the holy grail of corporate management; but what helps the financial statements up-front, in the short run, can end up hurting the business as a whole, in the long run."
The net carrying amount of these group assets accounts would be decreased and Calculation of carrying value of the asset
question 1. bill and barbara formed an equal partnership bampb a common partnership on january 1 2012. barbara
Calculate the IRR of the trade-in. (i.e., compute the IRR of the relative cash flows and Plot a graph showing the profitability of the investment depending on number of units sold.
Use this information to purpose a cash budget for the months of May and June, using the template provided in Doc Sharing. What are the sections of a cash budget, and what is included in each section?
A corporate taxpayer has an income tax expenditure recorded on its preliminary financial statements if $13,000,000. How could the $1,000,000 be reflected in the financial accounting income statement?
The yield to maturity on new issues of similar corporate bonds is 5.2%. Someone offers you $1,225 for your bond. Is this a fair price, to you the seller? What is the fair price?
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