Question

Henry and Judy agreed for Jackson Foods to make a down payment on its order before...

Henry and Judy agreed for Jackson Foods to make a down payment on its order before they shipped it. What recommendations would you give to Henry and Judy about determining the selling price and payment options for Jackson Foods as a new international customer?,

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Henry and Judy should look after the following recommendations-

  1. They might price the order at relevant cost basis so that price may be low attracting Jackson Foods for further business.
  2. As Jackson Foods is a new customer, they should insist on obtaining letter of credit from the banks of Jackson Foods.
  3. They should clearly set the schedule of payment and make provision for arbitration in contract of sale.
  4. They might look for any export benefits provided by their government and take the benefit and may even pass some benefits to Jackson Foods by reducing the price.
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In order to buy a new car, you finance $24,000 with no down payment for a...
In order to buy a new car, you finance $24,000 with no down payment for a term of five years at an APR of 4%. After you have the car for one year, you are in an accident. No one is injured, but the car is totaled. The insurance company says that before the accident, the value of the car had decreased by 25% over the time you owned it, and the company pays you that depreciated amount after subtracting...
Pricing and Delivery at KAR Foods Carlos Ramos, head of supply chain at KAR Foods, wondered...
Pricing and Delivery at KAR Foods Carlos Ramos, head of supply chain at KAR Foods, wondered why his inventories had not declined despite the significant improvement his team had made in its ability to handle mixed-load and small lot orders from customers. He felt that the problem was the discounting scheme offered by the sales team that encouraged customers to place large orders. Carlos arranged for a meeting with Vanessa Rebelo, head of sales and marketing, to discuss future plans....
The students at a crowded university have trouble waking up before 10 a.m., and most work...
The students at a crowded university have trouble waking up before 10 a.m., and most work jobs after 3 p.m. As a result, there is a great deal of demand for classes between 10 a.m. and 3 p.m., and classes before and after those hours are rarely full. To make matters worse, the university has a limited amount of classroom space and faculty. This means that not every student can take classes during the most desirable times. Building new classrooms...
Henry Magruder made a mistake—he left a CD at the coffee station. Later, when Iris Majwubu...
Henry Magruder made a mistake—he left a CD at the coffee station. Later, when Iris Majwubu was topping off her mug with fresh tea, hoping to wrap up her work on the current SQL code module before it was time to go home, she saw the unlabeled CD on the counter. Being the helpful sort, she picked it up, intending to return it to the person who’d left it behind. Expecting to find perhaps the latest device drivers, or someone’s...
Assume that you have found a home for sale and have agreed to a purchase price...
Assume that you have found a home for sale and have agreed to a purchase price of $254800$254800. Down Payment: Assume that you are going to make a 10%10% down payment on the house. Determine the amount of your down payment and the balance to finance. Down Payment=$Down Payment=$ Loan Amount=$Loan Amount=$ Monthly Payment: Calculate the monthly payment for a 30 year loan (rounding to the nearest cent, so rounding to two decimal places). For the 30 year loan use...
The scenario: You are the senior manager of an accounts receivable department in a medium-sized company...
The scenario: You are the senior manager of an accounts receivable department in a medium-sized company selling specialty metals such as titanium, tungsten, and magnesium to manufactures. Credit sales last calendar year totaled $46 million. In your opinion, credit policies and procedures seem to be functioning quite well – last year the company wrote-off less than $50 thousand of bad debt (uncollectable accounts receivable). For the past six months, you have been closely watching the account balances of one of...
Andrew is an employee of Betty Paving Co. He specializes in laying down the sort of...
Andrew is an employee of Betty Paving Co. He specializes in laying down the sort of interlocking paving bricks that have come to characterize the walkways outside a new Coker Business School in Hartsville, South Carolina. Last month his employer and boss, Betty, directed Andrew to go to the construction site of the new school. Betty explained that "the Tileco workers need a hand putting up a mosaic on the lobby walls. I figured that you would do well at...
Bulla Ltd has recently expanded its production facility to satisfy a new customer order that will...
Bulla Ltd has recently expanded its production facility to satisfy a new customer order that will start in six months. As a consequence they will have the opportunity to make use of the spare capacity for the next six months. Financial information on the current products sold by Bulla Ltd is as follows: Budget Standard Superior Selling Price $40 $45 $60 Direct Material 10 12 12 Direct Labour ($10 per hour) 5 10 15 Variable overhead (allocated based on labour...
a. Calculate the free cash flow generated by a firm which has earnings before interest and...
a. Calculate the free cash flow generated by a firm which has earnings before interest and taxes of £30m, has depreciated its fixed assets by £1m, has invested £10m in new fixed assets and £5m in working capital during 2019 when it paid corporate tax at 20%. Explain what you have assumed about the firm’s asset base. b.During 2019 the firm in (a) generated revenue of £60m, its cost of goods sold was £20m and its selling, general and administrative...
This is a special order problem that also requires that you use the high low method...
This is a special order problem that also requires that you use the high low method to estimate some cost function parameters, so you may want to review the high-low method lectures in Module 1. As with almost all of the analyses that we have done, determining variable and fixed costs, and knowing what to do with them, is critical. ______________________________________________________ Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from a Korean truck...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT