Robert, the owner of a local poster shop, comes to you for help. "We've only been breaking even the past two years, and I'm getting very frustrated! I don't know what to do because I feel like I've already tried to improve our processes as much as possible, but we still haven't been able to generate a profit. Do you have any suggestions as to how we can turn things around? I just don't think we can even consider moving forward with this business unless we can earn $9,000 in operating income next year. Even then, we'll have to think long and hard about what the future holds." Robert shares the following information with you, as you ponder different scenarios to help your friend. Selling price Cost for paper, per unit Cost for printing, per unit Cost for film, per unit Staff salaries Other operating costs 1. 2. 3. $6.80 4. 0.75 After thinking about it for a while, you suggest the following possibilities to help him turn things around. 0.90 0.50 47,000 14,380 Lower the selling price by 10% to increase sales volume by 5%. Advertise on the radio and with social media, for a combined cost of $1,000, to increase volume by 10%. Use a more affordable paper on which to print the posters (available for $0.60 per unit), in combination with a less- expensive film to cover the top of the poster (available for $0.40 per unit). Instead of paying the salespeople a fixed salary, move to a commission-based compensation plan (save $19,000 in salary; incur $1.45 per unit sold commission), which should increase sales volume by 20%.

Big Tractor, Inc.'s best salesperson is Misty Hammond.  Hammond's largest sales have been to Farmer's Cooperative, a customer she brought to the company.  Another salesperson, Bob Blanchette has been told in confidence by his cousin (an employee of Farmer's Cooperative) that Farmer's Cooperative is experiencing financial difficulties and may not be able to pay Big Tractor Inc.  what is owed.  Both Hammond and Blanchette are being considered for a promotion to a new sales manager position.   What are the ethical considerations that Bob Blanchette faces?  What alternatives do you think he has?

How are realized income, gross income and taxable income similar, and how are they different? I am not able to find my textbook here. I am not finding this site useful at all. I will have many more than 30 questions per month as I am really struggling with this class. But I cannot find anyone to help me figure out HOW to use the site successfully.

Because of a job change, Seth Armstrong has just relocated to the southeastern United States. He sold his furniture before he moved, so he's now shopping for new furnishings. At a local furniture store, he's found an assortment of couches, chairs, tables, and beds that he thinks would look great in his new two-bedroom apartment; the total cost for everything is $6,400. Because of moving costs, Seth is a bit short of cash right now, so he's decided to take out an installment loan for $6,400 to pay for the furniture. The furniture store offers to lend him the money for 48 months at an add-on interest rate of 6.5 percent. The credit union at Seth's firm also offers to lend him the money - they'll give him the loan at an interest rate of 10 percent simple, but only for a term of 24 months.   Compute the monthly payments for the loan from the furniture store. Round the answer to the nearest cent. $   per month Compute the monthly payments for the loan from the credit union. Round the…