Flingers Inc. reveals the following informa_on in their annual report for FY 201

Question

Flingers Inc. reveals the following informa_on in their annual report for FY 2014 Earnings and Expenses Sales Cost of good sold Pretax earning $10,000,000 $5,000,000 $500,000 Selected balance sheet item Merchandise Inventory Total assets $80,000 $2,000,000 Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales. What will Flingers' profit margin be for 2015? A) 5% B) 9% C) 11% D) 7.5% Acme wants to locate a warehouse to serve their major customers that are shown in the table. What is the location that will minimize the transportation costs for their family of products? Customer Coyote, LLC Dest Kingston Inc Ed Wood Productions4 Annual Volume 25 13 X-coordinate Y-coordinate 7 4 1 A) Near (3,4) B) Near (4,5) C) Near (5,6) D) Near (6,5)

Explanation / Answer

Ans 1 Earnings for 2015 500000+(5000000*5%) 750000 Profit margin 7.5 750000/10000000*100 Option D 7.5% ans 2 Option B Near (4,5)

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