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3 years ago

Discusses a company's four Ps: product, price, place, and promotion in-depth. Which is the correct answer?

1 answer:

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The marketing mix is the four P's of the company, which include product, place, price, and promotion. The four P's are the strategies developed by the company prior to the release of its products into the market.

<h3>What is marketing mix?</h3>

The four factors of the marketing mix are the main components that define the success or failure of any good or service.

It is decided by keeping in mind the internal and external factors of the business, like the competitors, resources, targeted customers, and substitute goods.

Thus, option A, marketing mix is the correct option.

For more details about the marketing mix, click here:

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What is double jeopardy?<br> Explain how this vocabulary<br> word relates to the 5th<br> Amendment.

kykrilka [37]

Double jeopardy is a legal defense which, after a clear acquittal or conviction, does not preclude an accused person from being charged on the same charge again.

Explanation:

The Fifth Amendment to the Constitution states that "no one is twice liable to be targeted at the same offense." The Double-jeopardy Clause bars any second prosecution or conviction and forbids multiple penalties of the same offense.

Double jeopardy does not shield suspects from being charged for multiple offenses, while separate charges are prohibited for the same crime.

For example, An convicted person could again be charged on the "less included crime" of involuntary killing.

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3 years ago

Definition of net worth ?

Luda [366]

Answer:

Net worth is the measure of the wealth of an entity, person, or corporation, as well as sectors and countries. Simply, net worth is defined as the difference between assets and liabilities. It is an important metric to gauge a company's health and it provides a snapshot of the firm's current financial position.

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4 years ago

Read 2 more answers

The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a

katrin [286]

Answer:

decrease in the day's sales inventory

Explanation:

Corner Hardware has succeeded in increasing the number of goods it sells while holding the amount of inventory on hand, cost per unit, and the selling price per unit at a constant level.

This situation will be reflected in the firm's financial ratios in the form of a decrease in the day's sales inventory.

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3 years ago

After all of the account balances have been extended to the Income statement columns of the worksheet, the totals of the debit a

Masja [62]

Answer:

a. $7, 283 net income

Explanation:

The debits in an income statement represents the expenses while the credit entries represent the income. As such, given;

Total debits = $20,303

Total credits = $27,586

Net income/(loss) = $27,586 - $20,303

= $7,283

Since the total credit (income) is more than the total debit, the net of the two balances result in a net income.

The answer is a. $7, 283 net income.

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3 years ago

Crane Company has outstanding accounts receivable totaling $6.40 million as of December 31 and sales on credit during the year o

atroni [7]

Answer:

$320,000 or $0.32 million

Explanation:

In accounting, the percentage of bad debt expenses is applied to the outstanding accounts receivable at the end of a particular accounting period.

In the question, the end of the accounting period is given as December 31 and the outstanding accounts receivable as at that December 31 is a total of $6.40 million. Therefore, we will disregard other values and simply apply 5% to the the outstanding accounts receivable of $6.40 million as at that December 31 as follows:

Bad debt = Outstanding accounts receivable × 5%

= $6.40 million × 5%

= $6,400,000 × 5%

= $320,000

Therefore, the amount of bad debt expense to recognized for the year is $320,000 or $0.32 million.

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3 years ago