What is canastar group’s marketing return on sales

Assignment Help Other Subject
Reference no: EM13194524

Canastar Group sells three lines of prepared foods into a marketplace where total demand is 240 million cases. Canastar’s market share is 2 ½ percent; the average selling price per case is $30 and their variable costs per case are $23. Canastar spends $15 million on marketing and sales expenses. Other operational expenses add up to $6 million. The lemonade mix and the corndogs are both positive in terms of net profit before taxes, with lemonade contributing the greater share. Canastar’s cheese line produces a net negative profit. Last year, the Group’s internally-produced accounting information system was voted best in the food industry for its ability to track inventory and accurately predict cost variations.

1. What is Canastar Group’s marketing return on sales (ROS)? Show your work. (20 points)
a) 10.6%
b) 12%
c) 15%
d) 140%
e) 180%

Reference no: EM13194524

Questions Cloud

Introduction of cgi effects enhanced : Has the introduction of CGI effects enhanced the quality of film making or are the films of the past essentially better than today's? Make answer as brief as possible.
Technology has contributed to the evolution of music : Do you think technology has contributed to the evolution of music? Make answer as breif as possible.
Computer-based musical pieces-better than classics : Are computer-based musical pieces necessarily better than the classics? Make answer as brief as possible.
Value system or systems discussed in the text : Which value system or systems discussed in the text do you most relate to? Explain your answer.
What is canastar group’s marketing return on sales : Canastar Group sells three lines of prepared foods into a marketplace where total demand is 240 million cases. Canastar’s market share is 2 ½ percent; the average selling price per case is $30 and their variable costs per case are $23. Canastar spend..
What role does justice play in post-colonial philosophy : What role does justice play in post-colonial philosophy? Why was an education in philosophy important for post-colonial thinkers?
Use of constitutional law in religious matters : How has the Constitution been used by religious groups to aid them in worshipping as they wish? Discuss a minimum of 4 Supreme Court cases that illustrate the use of Constitutional law in religious matters.
Conditioned stimulus : An investigator presents a conditioned stimulus followed by an unconditioned stimulus until an animal is classically conditioned. Then she exposes the animal to an extinction procedure. If she waits a while and then tests the animal again, she is lik..
Research about how gender roles may : Luka is 72 years old. According to trends noticed in research about how gender roles may or may not change with age, we can expect that Luka is now _____ she was when she was 50.

Reviews

Write a Review

Other Subject Questions & Answers

  Mental health counsellors and addiction counsellors

Why are there differences in the licensure process for mental health counsellors and addiction counsellors? What is the scope of practice for both types of counsellors?

  Improve communication with boss-co-workers and subordinates

How can you improve communication with your coworkers. Discuss steps you have used to improve communication with your boss, co-workers, and subordinates.

  Defining the digital audio recording

Research the United States Annotated (USCA) and locate the definition of a digital audio recording device under the copyright law.

  Theories of attention and the guided search theory

What is an illustration of one cultural and one social variable which might influence attention?

  Creation accounts of human dominion

Note that the creation accounts of human dominion signify the twofold task of "working" and "taking care" of the creation. Describe each of these aspects and provide a recent example demonstrating the consequences of failing to balance these two comp..

  What goal of psychology does this best represent

Research has shown that watching aggression on television causes children to become physically more aggressive. As a result, the V-chip was created. What goal of psychology does this best represent?

  Theoretical concepts

What theoretical concepts are attributed to B. F. Skinner? Which one of these concepts had the greatest effect on the field of psychology? Why?

  What is a snob

What is a snob? DeBotton notes that snobbery is easier to criticize than it is to avoid. Is there anything about which you might be guilty of snobbery?

  Common hazards in a healthcare facility

Describe at least five common hazards in a healthcare facility and describe how these hazards can be avoided or addressed in specific healthcare settings

  Impartial jury

An "impartial jury" must-consist of persons who represent a fair cross-section of the community. be experts to consider testimony.

  Determining the velocities

The winch on the back of the Jeep A is turned on and pulls in the tow rope at 2 m/s measured relative to the Jeep. If both the 1 .25-Mg car B and the 2.5-Mg Jeep A are free to roll, determine their velocities at the instant they meet. If the rope ..

  Master of science in psychology

Master of Science in Psychology with a concentration in Industrial Organizational Psychology.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd