Momisey Brown, Lid., of Sydney is a merchandising company that is the sole distributor of a product that is increasing in popularity among Australian consumers.
Required:
(a) Identify each of the company's expenses (including cost of goods sold) as either variable, fixed, or mixed.
Answers
1)Variable cost remain constant in per unit whereas Fixed cost remain constant in totality .mixed cost is neither constant in per unit nor in totality .
cost Output Nature
cost of goods sold 240000/4000 or 270000/4500 or 300000/5000 = $ 60 per unit variable
Advertising 21000 at each level of output Fixed
shipping 34000/4000 = 8.5or36000/4500 = 8 neither constant in per unit nor in total Mixed
salaries and commission neither constant in per unit nor in total Mixed
Insurance 6000at each level of output Fixed
Depreciation 15000 at each level of output Fixed
2)change in cost (Highest activity- lowest activity) change in activity [Highest activity -lowest activity] Variable cost per unit Fixed cost at highest activity level [Total cost -variable cost]
Shipping 38000 - 34000 = 4000 5000-4000= 1000 4000/1000 =$ 4 per unit
38000- [5000*4]
38000-20000
18000
salaries and commission 90000-78000= 12000 5000-4000=1000 12000/1000 =$ 12
90000-[5000*12]
90000-60000
30000
Shipping : 4x + 18000
salaries and commission : 12x +30000
3)Income statement ( contribution margin)
sales [5000*100] 500000
less: variable expense [76*5000] (380000)
contribution margin 120000
less: Fixed cost (90000)
net operating income 30000
**selling price = 400000/ 4000 = $ 100 per unit
Variable cost per unit = 60 + 4 shipping expense + 12 salaries and commission = 76
Fixed cost = 21000advertising + 18000 shipping + 30000 salaries and
commission +6000insurance +15000 depreciation
= 90000
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Related Questions
The statements of financial position for Jood Company showed the following information. Additional information concerning transactions and events during 2020 are presented below.
Jood Company
Statements of Financial Position December 31
2021 2020
Property, plant & equipment €236,500 €150,000
Accumulated depreciation (37,700) (25,000)
Long-term investments 0 15,000
Inventory 35,000 42,000
Accounts receivable (net) 43,300 20,300
Cash 24,900 10,200
€308,000 €212,500
Share capital-ordinary €130,000 €90,000
Retained earnings 70,000 29,000
Long-term notes payable 100,000 50,000
Accounts payable 21,000 17,000
Accrued liabilities 17,000 26,500
€308,000 €212,500
Additional data:
1. Net income for the year 2019, €82,000.
2. Depreciation on plant assets for the year, €12,700.
3. Sold the long-term investments for €28,000.
4. Paid dividends of €35,000.
5. Purchased machinery costing €26,500, paid cash.
6. Purchased machinery and gave a €60,000 long-term note payable.
7. Paid a €10,000 long-term note payable by issuing ordinary shares.
Instructions
Prepare a statement of cash flows (using the indirect method) for 2021 for Jood Company.
Answers
The statement of cash flows presents information about a company's cash receipts, payments, and net change in cash during the year.
These transactions lead to net cash provided by financing activities of €55,000.
Finally, the net increase in cash for 2021 is €179,500.
The statement is prepared by converting the net income amount in the income statement from an accrual basis to a cash basis, using either the direct or indirect method.
The indirect method is commonly used because it is more straightforward and less detailed than the direct method.
Below is the statement of cash flows (using the indirect method) for 2021 for Jood Company:
Jood Company Statement of Cash Flows For the Year Ended December 31, 2021
Cash flows from operating activities
Net income for the year €131,800
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation expense €12,700
Increase in accounts receivable (net) (€23,000)
Decrease in inventory €7,000
Increase in accounts payable €4,000
Decrease in accrued liabilities (€9,500)
Net cash provided by operating activities €123,000Cash flows from investing activities
Sale of long-term investments €28,000
Purchase of machinery (€26,500)
Net cash used in investing activities €1,500
Cash flows from financing activities
Issuance of share capital-ordinary €40,000
Issuance of long-term notes payable €60,000
Repayment of long-term notes payable (€10,000)
Payment of dividends (€35,000)
Net cash provided by financing activities €55,000
Net increase in cash €179,500
Cash at beginning of year €10,200
Cash at end of year €189,700
From the statement of financial position of Jood Company, the details about cash, accounts receivable (net), inventory, accounts payable, and accrued liabilities for 2021 and 2020 are given.
These details are used to calculate the operating activities section of the statement of cash flows.
The adjustments are made to the net income of €131,800 to arrive at the net cash provided by operating activities of €123,000.
Investing activities section of the statement of cash flows shows that the sale of long-term investments for €28,000 and purchase of machinery costing €26,500 are made in 2021.
Therefore, the net cash used in investing activities is €1,500.
Financing activities section of the statement of cash flows presents the issuance of share capital-ordinary of €40,000, issuance of long-term notes payable of €60,000, repayment of long-term notes payable of €10,000, and payment of dividends of €35,000.
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How do I record on windows computer
Answers
Explanation:
Navigate to the screen you wish to record and press Win+G to open Game Bar. Several Game Bar widgets appear on the screen with controls for capturing screenshots, recording video and audio, and broadcasting your screen activity. Click the Start Recording button to capture your screen activity.
Answer:
you'd need to download software for recording. as far as i know windows doesnt have built in recording capabilities. are you looking at screen recording or just sound?
Explanation:
Identified by Schein Authority, responsibility, and delegation Without this, the organization begins to drift and become disorganized Individuals do make a difference, but they cannot do everything themselves Coordinated effort This results in greater efficiency Division of labor Without the right to direct the work of others, there is no coordination of effort Centralization vs. decentralization Span of control Additional Elements Most Agree Upon Hierarchy of authority This is linked with whether the structure is taller or flatter Common purpose This has to do with having the rights associated with managerial tasks This is related to who makes important decisions in the organization
Answers
The identified elements of organizational structure (including authority, responsibility, delegation, coordinated effort, span of control, hierarchy of authority, etc.) are associated with managerial tasks.
Organizational structure is a vital aspect of any successful organization, and the identified elements of Schein's model highlight the importance of clear lines of authority and responsibility, effective delegation, and coordinated effort. The division of labor and span of control help ensure that tasks are assigned appropriately, while centralization vs. decentralization determines how decisions are made and communicated.
The hierarchy of authority and common purpose further reinforce the importance of a clear organizational structure, while the rights associated with managerial tasks ensure that those in leadership positions are able to effectively direct and guide the organization.
Overall, these elements are critical for ensuring that an organization is able to operate efficiently and achieve its goals.
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Explain the impact of effective purchasing on an operation’s cash flow.
Answers
Answer:
Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.
The effective purchasing is very important to a small business. Purchasing is a key factor for any small business as it influence the performance at all levels.
When the supplies you purchase for consumption do not meet one's needs they will limit the efficiency of the operations you want to carry out and also cash flow in the organization or business. One must to create the right purchasing procedures and closely handle them.
Purchasing systems play an key role in controlling a company's cash outflows this is because they ensure that only the key purchases are made and that they are to be done at good or reasonable prices.
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as of december 31, 2020, kent company has total assets of $3,500 and total stockholders' equity of $2,000. what is the total for liabilities for kent co. as of december 31, 2020?
Answers
Assets Owner's equity Liabilities, or $3,500 $2,000 $ 1,500, is a variant of the fundamental accounting equation. As a result, options (b) $1,000, (c) $2,500, and (d) $2,000 are unsatisfactory. Hence (a) is correct option.
Look up the entire assets and equity on your balance sheet to find the total amount of obligations. Calculating total liabilities can be rather easy. Any liabilities, both long- and short-term, must simply be added together. Additionally, any off-balance sheet obligations a company may have should also be included in this computation. Add together your obligations and equity to get your total assets. Since liabilities have a negative value, the most straightforward way to get total assets using this technique is to deduct liabilities' value from equity's or assets' value.
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As of December 31, 2020, Kent Company has assets of $3,500 and owner's equity of $2,000. What are the liabilities for Kent Company as of December 31, 2020?
a. $1,500.
b. $1,000.
c. $2,500.
d. $2,000.
The total liabilities for Kent Company as of December 31, 2020, are $1,500.To find the total liabilities for Kent Company as of December 31, 2020, we need to use the accounting equation: Assets = Liabilities + Stockholders' Equity.
We know that Kent Company's total assets are $3,500 and its total stockholders' equity is $2,000. Therefore, we can rearrange the equation to solve for liabilities:
Liabilities = Assets - Stockholders' Equity
Liabilities = $3,500 - $2,000
Liabilities = $1,500
So the total liabilities for Kent Company as of December 31, 2020 is $1,500.To find the total liabilities for Kent Company as of December 31, 2020, you can use the accounting equation:
Assets = Liabilities + Stockholders' Equity
We know that the total assets for Kent Company are $3,500 and the total stockholders' equity is $2,000. Plugging these values into the equation, we get:
$3,500 = Liabilities + $2,000
To find the total liabilities, subtract the stockholders' equity from the assets:
Liabilities = $3,500 - $2,000
Liabilities = $1,500
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Write any five methods of getting information of foreign employment and discuss any one of them.
Answers
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
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Which accounts are specific to a trading business?
Answers
Answer: 3 1/2
Explanation: that number really speaks to me. Also I am working on the same thing and have no idea.
Answer:
Certain accounts that are maintained exclusively by trading businesses include purchases, purchase returns, purchase discounts, freight on purchases, sales, sales returns, and sales discounts.
A purchases account records the transactions of purchasing stock or inventory, which is resold later. In case the stock is defective, it can be returned to the seller (manufacturer). This transaction is recorded in the purchase returns account. Sometimes, the trading business (buyer) may get a discount on goods purchased from the manufacturer (seller) for making an early payment. This discounted amount is recorded in the purchase discount account. Purchase discounts and purchase returns are both contra-expense accounts. A trading business may have to spend money for transportation of goods. These expenses are recorded in the freight on purchases account.
A sales account records the revenue earned from sale of products. Transactions relating to goods returned by customers are recorded in the sales returns account. Sales discounts offered by a trading business to its customers are an expense for the business and are recorded in the sales discounts account. Sales discounts and sales returns are both contra-revenue accounts.
Explanation:
fid the higest common factor of
21a²b and 49ab²
Answers
Answer:
7ab
Explanation:
21a²b = 7ab * 3b
49ab² = 7ab * 7b
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
What does health insurance cover? If you pass will they help with funeral cost?
Answers
Answer:
Funeral or bereavement expenses aren't considered medical expenses and can't be paid for using funds from a Medical Savings Account plan.
Type the correct answer in the box. Spell all words correctly.
Peter is planning his finances for the next couple of years. He wants to save money to eventually by a house because he will be getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down paymet
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the
phase of the financial life cycle.
Answers
Answer: initial stage
Explanation:
The initial stage of financial life cycle is simply the first stage or the beginning phase of the financial cycle. Since he want to save so that he can get a house, thus means that he wants to accumulate asset.
Furthermore, it should be noted that the initial phase of the financial life cycle typically begin at a young age of about 25 years.
Answer:
initial stage
Explanation:
Unredeemed cash rebates related to current year sales should be estimated and the amount treated as a(n)
Answers
Answer:
Explanation:
This should be estimated as a reduction in revenue and the amount treated as a liability. This is because the cash rebates are generally part of earned revenue but since they have not been redeemed then it needs to be reduced from the actual calculated revenue since it is not physically owned yet. It is also a liability because the company has a responsibility to redeem the cash rebates.
Unlike the distinctive competencies of a company, the core capabilities of a company:
O a. are tangible and more visible.
O b. cannot be sustained for long without superior distinctive competencies.
O c. include things that the company can make, do..or perform better than its competitors.
O d. determine how efficiently inputs can be turned into outputs.
Answers
Option c. is correct: The core capabilities of a company include things that the company can make, do, or perform better than its competitors.
Distinctive competencies are unique strengths or advantages that a company possesses, which allow it to outperform its competitors in a particular area. Core capabilities are the key abilities, skills or processes that enable a company to deliver its products or services effectively and efficiently. While both are important for a company to succeed, core capabilities are often more fundamental to the company's operations and can provide a sustainable competitive advantage if leveraged correctly.
question 10 as a project manager, you’re prioritizing stakeholders using a power grid. one stakeholder has high power and high interest. what level of engagement should the team have with the stakeholder
Answers
The level of management that the team should have with the project manager is c) manage closely.
Such stakeholders who are having high power should be managed closely as they can benefit the project in more than one way. When a business form is such that it prioritizes the stakeholders, then in such circumstances the project managers have the responsibility to deal closely with the stakeholder that has high power and high interest.
A stakeholder will be responsible for buying out many parts of the business or will make a valuable investment in it. Such a stakeholder that has high power should be managed closely.
Although a part of your question is missing, you might be referring to this question:
As a project manager, you’re prioritizing stakeholders using a power grid. one stakeholder has high power and high interest. what level of engagement should the team have with the stakeholder
a) show consideration
b) monitor
c) manage closely
d) meet the needs
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Answers
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
explain advertisement
Answers
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
Statisticalmeasures of standalone risk
Suppose Charles owns a two-stock portfolio that invests in Happy Dog Soap Company (HDS) and Black Sheep Broadcasting (BSB). Three-quarters of Charles’s portfolio value consists of Happy Dog Soap’s shares, and the remaining balance consists of Black Sheep Broadcasting’s shares.
Each stock’s expected return for the next year will depend on forecasted market conditions. The expected returns from the stocks in different market conditions are detailed in the following table:
Market Condition Probability of Expected Returns
Occurrence HDS BSB
Strong 20% 20% 28%
Normal 35% 12% 16%
Weak 45% -16% -20%
Calculate the expected returns for the individual stocks in Charles’s portfolio as well as the expected rate of return of the entire portfolio over the three possible market conditions next year.
• The expected rate of return on Happy Dog Soap’s stock over the next year is .
• The expected rate of return on Black Sheep Broadcasting’s stock over the next year is .
• The expected rate of return on Charles’s portfolio over the next year is .
Answers
The expected rate of return on Charles’s portfolio over the next year is 9.15 in Strong market conditions, $18.83 in Normal market conditions, and -20.96 in Weak market conditions.
Given data:Three-quarters of Charles’s portfolio value consists of Happy Dog Soap’s shares, and the remaining balance consists of Black Sheep Broadcasting’s shares.
Happy Dog Soap Company (HDS) and Black Sheep Broadcasting (BSB) have different market conditions with the probability of occurrence as:Strong-20%, Normal-35%, Weak-45%
The expected returns from the stocks in different market conditions are as follows:Market Condition Probability of Occurrence HDS (%) BSB (%)Strong 20% 20% 28%Normal 35% 12% 16%Weak 45% -16% -20%We need to calculate the expected rate of return of the entire portfolio over the three possible market conditions next year.
Solution:We can calculate the expected rate of return by multiplying the probability of occurrence with the expected returns and summing up the values.
Let us calculate the expected returns on the stocks of Happy Dog Soap Company and Black Sheep Broadcasting as follows:Expected return on HDS: E(RHDS) = (0.20 x 20) + (0.35 x 12) + (0.45 x (-16)) = 4 + 4.2 - 7.2 = 1%Expected return on BSB: E(RBSB) = (0.20 x 28) + (0.35 x 16) + (0.45 x (-20)) = 5.6 + 5.6 - 9 = 2.2%
Therefore, the expected rate of return on Happy Dog Soap’s stock over the next year is 1% and the expected rate of return on Black Sheep Broadcasting’s stock over the next year is 2.2%.
Now, we can calculate the expected rate of return of the entire portfolio over the three possible market conditions next year as follows
Let us assume that Charles invests $150 in the portfolio.
Then, three-quarters of the portfolio value is invested in Happy Dog Soap’s shares, which is (3/4) x 150 = 112.50The remaining balance is invested in Black Sheep Broadcasting’s shares, which is 150 - 112.50 = 37.50
The expected rate of return of the entire portfolio can be calculated as follows: Market Condition
Probability of Occurrence HDS (%) BSB (%)Portfolio Return (%)Strong 20% 20% 28% (0.20 x 1 x 112.50) + (0.20 x 2.2 x 37.50) = 7.50 + 1.65 = 9.15
Normal 35% 12% 16% (0.35 x 1 x 112.50) + (0.35 x 2.2 x 37.50) = 14.70 + 4.13 = 18.83
Weak 45% -16% -20% (0.45 x 1 x 112.50) + (0.45 x 2.2 x 37.50) = -16.01 + (-4.95) = -20.96
Therefore, the expected rate of return on Charles’s portfolio over the next year is 9.15 in Strong market conditions, $18.83 in Normal market conditions, and -20.96 in Weak market conditions.
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who here from K12? (sorry for asking this question)
Answers
Answer:
Explanation:
Answer:
Not I.
Explanation:
This is just constructive criticism, but I don't recommend listing your school here.
2. Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of
using his debit card. Based on this agreement, what is the impact of this decision?
a. There is no impact since credit card and debit card terms tend to be the same.
b. A $10 cash advance fee will be charged ONLY.
c. An A.P.R. of 25.24% will be applied on the $40 until it is paid back ONLY.
d. A $10 cash advance fee will be charged AND an A.P.R. of 25.24% will be applied on the
$40 until it is paid back.
Answers
Based on this agreement, the impact of this decision is D. A $10 cash advance fee will be charged AND n A.P.R. of 25.24% will be applied on the $40 until it is paid back.
What is APR?The annual percentage rate (APR) is the interest generated by a sum charged to borrowers or paid to investors each year. APR is a percentage that represents the actual yearly cost of funds over the life of a loan or the income earned on an investment. This includes any fees or additional costs associated with the transaction but excludes compounding.
The APR provides consumers with a single number that they can use to compare lenders, credit cards, and investment products.
Since Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of using his debit card, a cash advance fee will be taken.
In conclusion, the correct option is D.
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it takes most new salons about _____ to begin operating at full capacity.
Answers
It generally takes most new salons approximately 6 months to 2 years to begin operating at full capacity. This time frame varies depending on factors such as the salon's location, marketing efforts, clientele growth, and the quality of services provided.
In the initial stages, salon owners must focus on building a strong client base, maintaining a professional and welcoming atmosphere, and ensuring that their staff are well-trained and customer-oriented. Developing a solid business plan and implementing effective marketing strategies are crucial for a salon's success. This may include online advertising, promotions, and social media engagement. As the salon's reputation grows, word-of-mouth referrals from satisfied clients can greatly contribute to its long-term success. Additionally, cultivating a strong team of skilled professionals is essential in providing high-quality services and attracting loyal customers. Salon owners should invest in ongoing training for their staff, as well as offering competitive salaries and benefits. In summary, the time it takes for a new salon to reach full capacity can vary significantly but typically falls within a range of 6 months to 2 years. The keys to success include a strategic business plan, effective marketing, a professional atmosphere, and a dedicated team of skilled professionals. With these elements in place, a new salon can expect to see growth and operate at full capacity within a reasonable timeframe.
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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answers
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.According to the international Fisher Effect, if an investor purchases a five-year U.S. bond that has an annual interest rate of 5% rather than a comparable British bond that has an annual interest rate of 6%, then the investor must be expecting the ________ to ________ at a rate of at least 1% per year over the next 5 years.
Answers
Answer: U.S. dollar; appreciate
Explanation:
Notes
According to Dunphy and Stace, the disadvantage of the tell and sell change management style is that it: _______
Answers
According to Dunphy and Stace, the disadvantage of the tell and sell change management style is that it can lead to employee resistance and lack of commitment. This approach involves management informing employees about the need for change and then persuading them to accept it. While this method can be effective in situations where quick decision-making is necessary, it may not be the best choice for fostering long-term employee engagement and buy-in.
The tell and sell approach can result in employees feeling excluded from the decision-making process, which may lead to frustration and a lack of trust in management. This, in turn, can hinder the successful implementation of the change initiative, as employees may be less inclined to support or participate in the change process. In addition, relying solely on persuasion can be ineffective if employees do not see a clear benefit for themselves in the proposed changes.
To overcome these disadvantages, organizations may consider adopting a more collaborative change management style, such as the involve and negotiate approach. This style encourages open communication and consultation between management and employees, promoting a sense of shared ownership in the change process. By involving employees in decision-making and addressing their concerns, organizations can foster a more positive work environment, increase employee commitment, and ultimately achieve more successful change outcomes.
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Based on the video, which economic theories were most
clearly applied by the Federal Reserve in response to the
economic crisis?
Describe the connections between the Fed's actions and
the theories of Smith, Keynes, Hayek, or Friedman.
Answers
The economic theories that were most clearly applied by the Federal Reserve in response to the economic crisis were based on the theories of Keynes and Friedman.
What were the theories of Keynes and Friedman?
They both believed that aggregate demand can be influenced by government policies and help an ailing economy to recover.
Hence, we can see that from the complete information, the Federal Reserve made use of their theories to intervene and they did this by the use of monetary policy to increase the money supply.
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Answer:
The Federal Reserve pursued policies that most closely followed the theories of Keynes and Friedman. Both economists argued that aggregate demand could be influenced through policies. They believed that this could help the economy recover or grow. The Fed seemed to follow Keynes's theories by taking action to intervene. It also seemed to follow Friedman's thinking by focusing on increasing the money supply through monetary policy.
Explanation:
ed 22
value:
35.00 points
Problem 18-8 Completing a Ten-Column Work Sheet
The Trial Balance for River's Edge Canoe & Kayak, as of August 31, is listed below.
1. Prepare a ten-column work sheet for River's Edge Canoe & Kayak for the year ended August 31. The
totals will be automatically calculated.
(a) The cost of the ending merchandise inventory is $45,669.
(b) The cost of the supplies on hand on August 31 is $619.
(c) The one-year insurance premium of $1,680 was paid on April 1.
(d) The total federal income taxes owed for the year are $2,635.
River's Edge Canoe & Kay
Work Sheet
For the Year Ended August 3
Answers
It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.
What is a Trial Balance?
Please, note that the original worksheet is not attached, hence the general answer.
This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.
Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.
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what part of the marketing plan lists the actions the firm must take to accomplish the marketing objectives of the firm?
Answers
The part of the marketing plan that lists the actions the firm must take to accomplish its marketing objectives of the firm is the marketing strategy.
What is a Marketing plan?It should be noted that the marketing plan simply means the ideas that are put in place by a company in order to improve sales and revenue.
An overall business plan could include a marketing plan. A well-written marketing plan must have a strong foundation in marketing strategy in order to fulfill its objectives. A marketing strategy may include a list of tasks, but without a solid strategic base, it is of little service to a company.
In this case, the part of the marketing plan that lists the actions the firm must take to accomplish its marketing objectives of the firm is the marketing strategy. It should be noted that Strategies are important to achieve organizational goals.
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How much should someone’s loan payment be if their total income is $100?
Answers
Someone’s loan payment if their total income is $100 should be 30 times their monthly income.
The loan payments means the amounts required to be paid by the borrower in repayment of the loan pursuant to the provisions of the loan agreement, the note and the bond mortgage.
In most cases, lenders consider approximately 50-75% of the net income as instalments. In case your expenses exceed the percentage, banks either increase the tenure of the loan or reduce the amount sanctioned.
Additionally, to minimise the risk of default, lenders keep the EMIs of the loan to about 45-60% of your monthly income.
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Members of the dc real estate commission are limited to how many consecutive terms?
Answers
Participants of the dc real property fee: time period limit. A member can't serve for extra than 2 consecutive, full three-12 months phrases until the courtroom makes a special exception.
Consecutive refers to matters that are arranged or show up in sequential order. A criminal who serves a consecutive sentence does time for one conviction after any other.
Consecutive periods of time or events take place one after the other without interruption. The Cup was won for the third consecutive yr via the Toronto Maple Leafs. Synonyms: successive, strolling, following, succeeding extra Synonyms of consecutive.
Consecutive comes from the Latin consecutus, which means "following closely" without a gap. similar to the snowstorms — one typhoon came about each day, lower back to back, for 5 days in a row. Consecutive numbers also observe every difference or boost inside the proper order. as an example, 5, 6, 7, eight, 9, and 10 are consecutive numbers.
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If consumers save the entire amount of the increase in their disposable income due to a tax cut, the A. tax cut will lead to a decrease in GDP B. tax cut will lead to an increase in GDP C. tax cut will lead to an increase in current account deficit D. tax cut will have no effect on GDP
Answers
If consumers save the entire amount of the increase in their disposable income due to a tax cut, the tax cut will lead to a decrease in GDP.
A tax cut is meant to increase disposable income, which in turn is expected to boost consumption and stimulate economic growth. However, if consumers choose to save all the additional income and not spend it, then the intended purpose of the tax cut will not be achieved. Instead, the increase in savings will reduce the amount of money circulating in the economy, leading to a decrease in aggregate demand and, consequently, a decrease in GDP. This is because GDP is calculated as the sum of consumption, investment, government spending, and net exports. When consumption falls due to increased savings, GDP also decreases. Therefore, in the given scenario, option A is the correct answer.
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Which utility applies to a company that acknowledges that customers have a preference for maximum satisfaction from their entertainment or recreational experience?
a. form utility
b. economic utility
c. possession utility
d. place utility
e. price utility
Answers
Possession utility is a term used to refer the value that the company offers to the consumers if they purchase or use the product in the way that the company made it for - similar with the feature of products.
What is possession utility?The value given to a product by virtue of the fact that the purchaser has the legal right to own and use it freely.
Possession utility speaks to the actual act of product possession — such as consumers driving a new car off the lot or having furniture delivered to their home. It also highlights the connection between possession and purposeThe possession utility means the utility derived from a consumer when he owns a commodity. When someone purchases a product, he pays for it and gets the ownership of that product.There are three types of possession: personal / actual possession. constructive possession. joint possession.To learn more about Possession utility refers to:
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