Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
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Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $215 per
roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size:
Quantity Ordered
From
1
41
80
81
161
160
and up
To
40
Price per Roll
$215
$195
$175
$155
Click on the datafile logo to reference the data.
DATA file
(a) Use the VLOOKUP function with the preceding pricing table to determine the total revenue from these orders.
$
Please original work
Discuss how technology and innovation focused firms gain competitive advantage.
What resources are needed for corporate venturing?
Who establishes industry standards and why are they important?
Describe the characteristics of a knowledge management system.
What characteristics of communication processes exist in an organization where learning is taking place?
Please cite in text references and add weblinks
Our firm has been the auditor of Caribild Products, a listed company, for a number of years. The
engagement partner has asked you to describe the matters you would consider when planning the audit for
the year ended 31 January 2022.
During your recent visit to the company, you obtained the following information:
(a) The management accounts for the 10 months to 30 November 2021 show a revenue of $260 million and
profit before tax of $8 million. Assume sales and profits accrue evenly throughout the year. In the year
ended 31 January 2021, Caribild Products had sales of $220 million and profit before tax of $16 million.
(b) The company installed a new computerised inventory control system, which has operated from 1 June
2021. As the inventory control system records inventory movements and current inventory quantities, the
company is proposing:
(i) To use the inventory quantities on the computer to value the inventory at the year-end
(ii) Not to carry out an inventory count at the year-end…
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