Finance to Non-Finance Quiz

What is 'ASP' in the Finance term?

• Annual Selling Price

• Actual Selling Price

• Adjusted Selling Price

• Average Selling Price

Last year, Baxter has won Cernevit tenders in 3 hospitals.

What is the ASP of Cernevit in last year?

• $65.00

• $63.64

• $64.63

• $70.00

Baxter signed a contract with Zuellig Pharma to distribute the product with 5% distribution fee based on net sales. The listed selling price with value added tax is $100, in which VAT rate is 5%.

4 colleagues discussed and calculated the net price to prepare for the forecast file, their calculation as the table shows:

Who did provide the correct net selling price?

• Jessica

• Rose'

• Bruno

• Brian

Apple selling their Iphone 16 Promax at 1,800 USD to Orange Distributor in Thailand. The annual sales target is 1,000 units. Apple offers the rebate scheme as table shows. At the end of the year, Orange sold out 1,123 units.

What is the net sales of Apple to this customer?

• $1,937,175

• $1,965,250

• $1,909,100

• $2,021,400

There is a detail as the data has shown:

Which of the following items is the SGP (Selling Gross Profit) of Anesthesia portfolio?

• $51,400

• $52,400

• $53,400

• $54,400

Our Distributor are importing the PSS products to sell in Thailand, the detail is as following:

What is Accella %SGP , %AGP respectively in October?

• 45%, 30%

• 42%, 27%

• 49%, 34%

• 33%, 18%

What is correct equation?

• Gross Revenue - Sales Return - Discount = Net Sales

• Net sales < Gross Sales

• Net Revenues = Gross Revenue – Sales Returns – Allowances - Discount

A furniture store IKEA that sold a total of 20K products during the last year, the sale price of each product is $500. In Mar, one of customer has return the 100 units due to slightly wrong in color, however the store owner has offer the customer allowances at $10,000 for total deal, finally the customer agreed to take. In Nov, The store ran the Black Friday program with 50% discount on price and they sold out 3,000 unit. Unluckily, there was 20 units had been return due to quality issue.

How much is the net sales of IKEA?

• $9,230,000

• $9,235,000

• $9,240,000

• $9,250,000

After spin-off, how many segments are Baxter operating?

• 4 segments: MPT, Pharma, HST, Kidney Care

• 3 segments: MPT, Pharma, HST

• 4 segments: ITT, Advance Surgery, Pharma, HST

• 3 segments: ITT, Pharma, HST

What is the DSO?

• is the number of days the company takes to sell the entire inventory

• is the average number of days a company have to pay vendors for the inventory

• is the number of days a company takes to collect on sales

• none of these