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nalin [4]
3 years ago
9

One consumer promotion tool is​ __________, which are goods offered free or at a low cost as an incentive to buy a product.

Business
1 answer:
Svetradugi [14.3K]3 years ago
4 0
<span>Premiums are one consumer promotional tool where goods are offered at either a free or low cost to entice consumers to buy the product because of its. This allows companies to move products that they may have difficulty selling without the price reduction or that have low demand among consumers.</span>
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On January 1, Gucci Brothers Inc. started the year with a $705,000 balance in Retained Earnings and a $608,000 balance in common
gtnhenbr [62]

Answer:

Stockholder Equity= $1,414,400

Explanation:

Stockholder Equity is the owners contribution to a business and it is made up of retained earnings and stock.

Stockholder Equity = Common stock + Retained Earnings

Let's track changes in common stock

Common stock= Starting balance + New stocks issued

Common stock= 608,000 + 22,500

Common stock= $630,500

Changes in retained earnings

Retained earnings= Starting balance + Income earned - Dividend paid out

Retained earnings= 705,000 + 93,000- 14,100

Retained earnings= $783,900

Therefore

Stockholder Equity= 630,500+ 783,900

Stockholder Equity= $1,414,400

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3 years ago
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Firlakuza [10]
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3 years ago
Suppose Columbia Sportswear Company had accounts receivable of $206,090,000 at the beginning of a recent year, and $267,085,000
scZoUnD [109]

Answer:

The amount of cash receipts from customers: $1,032,865,000

Explanation:

Assuming that all Sales revenue was on credit sales.

In Suppose Columbia Sportswear, Sales revenue was $1,093,860,000, accounts receivable in the year increased $1,093,860,000. Basing on formula:

Accounts receivable at year-end = Accounts receivable at the beginning of the year + Accounts receivable increasing in the year - Accounts receivable decreasing in the year

Thefore:

Accounts receivable decreasing in the year = Accounts receivable at the beginning of the year + Accounts receivable increasing in the year - Accounts receivable at year-end = $206,090,000 + $1,093,860,000 - $267,085,000 = $1,032,865,000

This is also the amount of cash receipts from customers.

3 0
3 years ago
Which of the following statements is true?
Rama09 [41]

Answer:

The correct answer is b) The production possibilities frontier is usually bowed outward

Explanation: The production possibilities frontier can bow outward (usually), inward (sometimes), or be a straight line (rare).

When it bows outward, it is because the production capacity of a firm or a national economy is growing, and when it bows inward, it is because the economy is shrinking.

8 0
3 years ago
Calculate the selling price for 4 hair clips at $20 each given a cash discount of 2%
Alja [10]

Answer:

they would each be 4.9 i think

Explanation:

5 0
3 years ago
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