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soldier1979 [14.2K]
2 years ago
5

THIS IS WORTH 100 POINTS-GIVE ME A GOOD ANSWER AND I WILL MARK YOU AS BRAINLEST Create a company, including the creation of a pr

oduct or service.
Next, create the advertising for that product or service to reach a target market. Advertising can include a flyer, brochure, commercial, video, website, etc. Make sure you are advertising to a target market.

Finally, explain how you will use the elements of a marketing mix. Remember if you create a business that is an industry you need to use the 4P's (product, price, place, and promotion). If you choose to create a service business, you need to use the 7P's (product, price, place, promotion, people, process, and physical).
Business
1 answer:
vesna_86 [32]2 years ago
7 0

Some of the steps in creating a company include:

  • Selecting a unique name.
  • Making a financial plan and creation of a budget.
  • Creation of vision and mission statement.
  • Registration of the company with the government.

The advertising for the company would have to target an audience based on either demographics or income range or on the type of jobs they do that would require them to use your product.

The use of a marketing mix which includes the price, promotion, place, product, and people would be to make the best pricing available and also be in a strategic location, meeting the demand of people's needs.

<h3>What is Advertising?</h3>

This refers to the creation of public awareness for a particular brand of products or services to get them to buy.

Read more about advertising here:
brainly.com/question/25528284

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At the beginning of the current year, Bard Corporation had 400,000 shares of $1 par common stock outstanding and had retained ea
sveta [45]

Answer:

b. $14,660,000

Explanation:

The computation of retained earnings at the end of the year is shown below:-

Retained earnings = Beginning retained earning + Net income - Stock dividend - Cash dividend

= $11,000,000 + $5,000,000 + $500,000 - $840,000

= $14,660,000

Working Note :-

Stock Dividend = 400,000 × 5% × $25

= $500,000

Cash dividend = (400,000 + (400,000 × 5%) × $2

= 420,000 × $2

= $840,000

5 0
3 years ago
You are meeting to discuss the proper categorization of marketing strategy costs in the monthly department budget performance re
Scilla [17]

Answer:

C)

Explanation:

I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!

7 0
3 years ago
A ticket reseller purchases a ticket to a football game for $40 and offers it for sale at a price of $75. A consumer is willing
Burka [1]

Answer:

profit + consumer surplus.

Explanation:

The profit obtained by the reseller is given by the difference between the amount received on sale ($75) and the purchase price ($40). The consumer surplus is determined as the difference between the willingness to pay ($90) and the actual amount paid ($75). Therefore, the difference between $90 and $40 is the profit plus the consumer surplus.

7 0
3 years ago
Explain why a finance manager need to understand accounting information even if the firm has a trained accountant on its staff.
nekit [7.7K]

Answer:

Following are the solution to the given question:

Explanation:

A financial manager should understand adequate information on accountancy. This is irrespective of whether the business does have a trained counterpart.

Accountancy is a necessary input into the function of financial management. Throughout the extent, as accounts were important input in financial decision-making is closely connected with both the interaction between finance and financial.

Accrual analysis provides information mostly on the company's operations. The result of the accountancy is accounts like the income statement, the income statement, and the position financial adjustments report. The information in such statements helps money advisors assess a company's previous growth and career projections.

The purpose of accountancy in the choice process is to gather and provide financial data on the institution's past, present, and future activities.

During the economic transaction, the finance department uses these data. This is not possible for money advisors to collect data or to make choices from accounts. And an investor's primary focus is to collect data and display it, whereas budgeting, control, and judgment are the main job of a financial manager. In a sense, financial management starts at the end of accountancy.

7 0
3 years ago
Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and
Karo-lina-s [1.5K]

Answer:

Bond interest expense = $2,290

so correct option is b. $2,290

Explanation:

given data

Bond issued = $50,000

Interest rate  = 10%

interest semi-annually = 5%

time period = 5 year

to find out

amount of bond interest expense

solution

we get first Cash interest payment that is here

Cash interest payment = $50,000 × 5%

Cash interest payment = $2,500     ....................1

and Bond premium will be

Bond premium = $52,100 – $50,000

Bond premium = $2,100      .......................2

we know interest paid semi annually so time period will be  = 10

so Amortization of bond premium will be here as

Amortization of bond premium = \frac{2100}{10}

Amortization of bond premium = $210      .................3

so  Bond interest expense will be calculate as

Bond interest expense = Cash interest payment - Amortization of bond premium     .......................4

put here value

Bond interest expense = $2,500 - $210

Bond interest expense = $2,290

so correct option is b. $2,290

8 0
4 years ago
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