Answer: C. Promotion
Explanation:
Furs unlimited needs to use the technique of marketing mix called promotion, to give more exposure to their products then get more popular that should result in a incrementation of their sales. The purpose of the promotion is also to capture the customer to obtain brand loyalty.
Answer:
balance of trade
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Basically, trade can be categorized into two (2) main groups and these are;
I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.
II. Export: it involves the sales of goods produced in a domestic country to a foreign country.
In Economics, a balance of trade is a measure of the difference between merchandise imports and exports, as well as a country's international trade in goods. Thus, it's a measure of the difference between the monetary value of the import and export of goods of a country over a specific period of time.
Answer:
Feb 01
Allowance for doubtful accounts 6,800
Accounts receivable—Oakley Co. 900
Accounts receivable—Brookes Co. 5,900
Jun 05 Accounts receivable—Oakley Co. 900
Allowance for doubtful accounts 900
Jun 05 Cash 900
Accounts receivable—Oakley Co. 90
Explanation:
Answer:
Food cost ratio=0,275
Labor cost ratio= 0,25
Total Cost ratio=0,525
Contribution Margin (profit) for the food cost= 9500
Range for a good overall food cost for a restaurant operation=28% - 35%
Part 2:
beverage cost ratio=0.23
range for a good overall liquor cost= 18%-23%
Explanation:
Food cost ratio=Food Cost/Food Sales
=$5500.00/$20000.00=0,275
Labor Cost Ratio = Labor Cost/Food Sales
$5000.00/$20000.00=0,25
Total Cost ratio= ($5500.00+$5000.00)/$20000.00= 0,525
Contribution Margin (profit) for the food cost? Total Sales--Total Costs
=$20000-($5500.00+$5000.00)=9500
What is the range for a good overall food cost for a restaurant operation?
28 % to 35% range
Part 2:
Beverage cost ratio? Beverage Cost/Bar Sales = $1500.00/$6500.00
=0.23
Range for a good overall liquor cost? 18% to 23% range
