One way to maintain exclusivity for a brand is to raise its price. That's what luxury...
One way to maintain exclusivity for a brand is to raise its price. That's what luxury fashion and leather goods maker Louis Vuitton did. The company did not want the brand to become overexposed and too common, so it raised prices
2525
percent and is slowing its expansion in China. The Louis Vuitton brand is the largest contributor to the company's $13.3 billion revenue from its fashion and leather division, accounting for
$55
billion of those sales. It might seem counterintuitive to want to encourage fewer customers to purchase a company's products, but when price increases, so does the product's contribution margin, making each sale more profitable. Thus, sales can drop and the company can still maintain the same profitability as before the price hike. Determine by how much sales can drop and let the company still maintain the total contribution it had when the contribution margin was
3535
percent. The new contribution margin is
48.0048.00%.
The total contribution is
$ ______ billion. (Round to two decimal places.)
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One way to maintain exclusivity for a brand is to raise its
price. That's what luxury...
One way to maintain exclusivity for a brand is to raise its price. That's what luxury...
One way to maintain exclusivity for a brand is to raise its price. That's what luxury fashion and leather goods maker Louis Vuitton did. The company did not want the brand to become overexposed and too common, so it raised prices 20 percent and is slowing its expansion in China. The Louis Vuitton brand is the largest contributor to the company's $13.3 billion revenue from its fashion and leather division, accounting for $8 billion of those sales. It might seem...
Tannert Company manufactures furniture. One of its product lines is an economy- line kitchen table. During...
Tannert Company manufactures furniture. One of its product lines is an economy- line kitchen table. During the last year, Tannert produced and sold 100,000 units for $100 per unit. Sales of the table are on a bid basis, but Tannert has always been able to win sufficient bids using the $100 price. This year, however, Tannert was losing more than its share of bids. Concerned, Larry Franklin, owner and presi- dent of the company, called a meeting of his executive...
Only Answer Exercise 2 and 3 please. After completing Exercise 2, What is the number of...
Only Answer Exercise 2 and 3 please. After completing Exercise
2, What is the number of units needed to achieve the desired
profit?
After completing Exercise 3- situation 1, what is the number
of units needed to achieve the desired profit?
See circle on the photos below for exercise 2 and 3
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highlights
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2) compute contribution margin for each channel 3) compute break even point (in terms of number...
2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
We were...
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A. One of the most important skills to learn in managerial
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least four characteristics of a good business.
B. Identify and talk about at leash four companies that you
regard as having the characteristics listed here
C. Suppose you bought common stock in each of the four
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Tannert Company manufactures furniture. One of its product lines is an economy- line kitchen table. During the last year, Tannert produced and sold 100,000 units for $100 per unit. Sales of the table are on a bid basis, but Tannert has always been able to win sufficient bids using the $100 price. This year, however, Tannert was losing more than its share of bids. Concerned, Larry Franklin, owner and presi- dent of the company, called a meeting of his executive...
Only Answer Exercise 2 and 3 please. After completing Exercise
2, What is the number of units needed to achieve the desired
profit?
After completing Exercise 3- situation 1, what is the number
of units needed to achieve the desired profit?
See circle on the photos below for exercise 2 and 3
Cost-Volume-Profit Analysis Break Even Analysis Break Even is the level of operations where Profit equals zero. EXERCISE 1: Abner Corporation makes a product that sells for $200 per...
Please i need answer of Ex 5-1 the one with red
highlights
ll mobily 4G 1:01 PM a paradiseangelcom.files.wordpress.com 252 of 803 made in part (3) aboue by iacreasing the unit sallcs in your wok w set operaling income and by whai pencealage did it increme wesaen1kmhre brad ef cycle นเ was pepdf in the 1930s. The retro-look cycle would be ahle cos to produce and sell the cyeles would he $7,500 pr unit. The annual fisedce wld What weuild...
2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
We were...
A. One of the most important skills to learn in managerial
economics is the ability to identify a good business. Discuss at
least four characteristics of a good business.
B. Identify and talk about at leash four companies that you
regard as having the characteristics listed here
C. Suppose you bought common stock in each of the four
companies identified here. Three years from now, how would you know
if your analysis is correct
CASE Study Is Coca-Cola the "Perfect"...
Answer the case study questions please and thank you
BUSINESS PROBLEM-SOLVING CASE Walmart Versus Amazon and the Future of Retail Walmart is the world's largest and most success- ful retailer, with more than $485 billion in 2016 For online shopping, Amazon has some clea advantages. Amazon has created a rec sales and nearly 11,700 stores worldwide, including and highly successful brand in online retailing. The more than 4,600 in the United States. Walmart has company has developed extensive warehousing facili...
Question 9
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