BUS-2003 Study Guide - Midterm Guide: Computer Hardware, Budget, Kilogram

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burgundywhale514

6 Oct 2011

School

University of Winnipeg

Department

BUSINESS AND ADMINISTRATION

Course

BUS-2003

Professor

Debbie Mortimer

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Document Summary

Instructions: please answer the following questions on the examination test sheets. If you need more room, please use the back of the pages. Tabcomp inc. is a retail distributor for mzb-33 computer hardware and related software. Tabcomp prepares annual sales forecasts, of which the first six months of the coming year are presented below: Cash sales account for 25% of tabcomp"s total sales, 30% of the total sales are paid by bank credit card, and the remaining 45% are on open account (tabcomp"s own charge accounts). The cash and bank credit card sale payments are received in the month of the sale. Bank credit card sales are subject to a 4% discount, which is deducted immediately. The cash receipts for sales on open account are 70% in the month following the sale and 28% in the second month following the sale; the remaining are uncollectible. Tabcomp"s month-end inventory requirements for computer hardware units are 30% of the next month"s sales.

Related Questions

a company's mission statement typically addresses which of the following questions?

Case Study - 5

Breaking The Bargaining Pattern

Gilson steel is a local fabricating and supply firm. Situated in open country, far from the large steel making centers. The firm has been in business many years. About the third of employees have worked in the organization for more than ten years. Top management would like to get away from the current practice in which negotiations on wage matters and fringes follow the pattern. The firm’s president feels that industry – wide bargaining tends to divorce employees from the firm. He thinks they feel that their employer is a combination of U.S steel and bethlem steel instead of Gilson. He argues that the local firm which has prospered can do better by employees than is possible in national pattern. He says that the local conditions should be considered. His basic objection to current practice, however, is his conviction that it tends to divorce its employees from local employer. The labor relations manager has been urged to try negotiating terms at variance with the national pattern.

Answer the following questions: ·