Answer:
27.79%; $191,840
Explanation:
Given that,
Net sales = $763,000
Cost of goods sold = $551,000
Net Income = $20,160
Gross Profit
:
= Net sales - Cost of goods sold
= $763,000 - $551,000
= $212,000
Gross margin
:
= Gross Profit ÷ Net sales
= $212,000 ÷ $763,000
= 0.2779 or 27.79%
The operating expenses can be modeled with:
Net Income = Revenues - Expenses - COGS
$20,160 = $763,000 - Expenses - $551,000
Expenses = $191,840
Answer:
Comparative Advertising
Explanation:
Comparative advertising is a form of advertising war in which manufacturers compare their products directly or indirectly with competing products. This technique involves comparing product that are similar with the aim of showing the public that the opposite or competing products are inferior to yours. It is done only when the business is at maturity stage. A new start up business cannot go into this form of advertising. Also, it is ill-advised for companies or organizations whose brand are leaders in the markets to go for this kind of marketing, even at maturity stage. The aim of such marketing is usually to put pressure on the leaders of the brand, claiming your products are more superior to theirs.
Answer:
The correct answer is 2
Explanation:
The market outcomes are the accounting indicators of the sales as well as profit revenue and the market share which is commonly used outcomes in the measure of the performance for the marketing.
Markets are for organize the economic activity. But the governments sometimes improve the market outcomes, not always So, there is not agreement regarding that the government to improves the market outcomes. The standard of living of company grounded on the ability to produce the goods and services.
