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1 year ago

Generally, less money is spent on advertising in b2b markets than in b2c markets because?

Business

1 answer:

Helga [31]1 year ago

5 0

B2B marketing usually involves more personal selling so less amount is spent on advertising.

<h3>What is B2B(Business to Business) Marketing?</h3>

B2B is short for “business to business.” It's a business model in which the companies involved create products and services for other businesses.
This typically occurs when a business is sourcing materials for their production process for output,
i.e. providing raw material to the other company that will produce output.

<h3>What is B2C( Business to Consumer) Marketing?</h3>

Direct-to-consumer or business-to-consumer is the business model of selling products directly to customers and thereby bypassing any third-party retailers, wholesalers, or any other middlemen.

So Generally, less money is spent on advertising in b2b markets than in b2c markets because B2B marketing usually involves more personal selling.

To learn more about it, refer

to brainly.com/question/25311149

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Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange

Nina [5.8K]

Answer:

¥192/€1.00

Explanation:

In order to determine the cross rate, we need a formula such that the dollar sign in one exchange rate cancels the other dollar sign in the second exchange such that we are left with both Yen and the Euro as shown by the formula below:

S(€/¥) = S($/¥) / S($/€)

S($/¥) =$1/¥120

S($/€)=$1.60/ €1.00

S(€/¥) =($1/¥120)/($1.60/ €1.00)

if we change the division to multiplication we would have the below

S(€/¥) =$1/¥120*€1.00/$1.60

S(€/¥) =€0.005208333

This means that €0.005208333 =1¥

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3 years ago

Jawbreaker Company paid $640 on account to a creditor. The transaction was erroneously recorded as a debit to Cash of $640 and a

attashe74 [19]

Answer:

A. Accounts Payable 1,280 Cash 1,280

Explanation:

Jawbreaker Company paid $640 on account to a creditor. The transaction was erroneously recorded as a debit to Cash of $640 and a credit to Accounts Payable of $640.

The correcting entry is a debit to Accounts Payable of 1,280 and a credit to Cash of 1,280

The correct entry for payment of a creditor on account is to

Dr Account Payable........640

Cr Cash......................................640

However the opposite to the above entry was passed which will give rise to an error double the impact of the transaction value because:

1.The correct transaction to the value of $640 is missing

2. The opposite of the transaction to the value of $640 is existing.

Hence the impact of the error is double the amount which explains the reason why the correction involved twice the value of $640 which is $1,280

6 0

3 years ago

On April 12, Hong Company agrees to accept a 60-day, 6%, $6,900 note from Indigo Company to extend the due date on an overdue ac

Bad White [126]

Answer:

Debit notes Payable $6,900

Debit interest expense $69

Credit cash $6,969

Explanation:

The interest amount payable on maturity is $6900*6%*2/12=$69

The actual principal remains at $6900

The appropriate entries would to debit notes payable with $6,900 and interest expense with $69 while the credit of $6969 goes to cash account representing an outflow to settle the obligation.

The rationale for this is that settle of an obligation would require debit the payable account.

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3 years ago

Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the res

Lerok [7]

Answer:

Differentiation strategy

Explanation:

Differentiation strategies seek to create higher value for their customers by producing goods and services that offer unique features that differentiate them form their competitors. This is done while trying to keep the same or similar (maybe a bit more expensive) price levels as the competition .

In this case Beach Grub offers a differentiated service while keeping their prices higher than the competition but not as high as luxurious restaurants.

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3 years ago

Maui Resort Inc. determined that the balance in its deferred tax asset account on December 31, 2020, was $50,000. Management rev

denis-greek [22]

Answer:

Maui Resort Inc.

Journal Entry:

December 31, 2020:

Debit Loss from Unrealizable DTA $31,000

Credit Allowance for Unrealizable DTA $31,000

To record the loss from unrealizable DTA and increase the balance to $35,000 (credit).

Explanation:

a) Data and Calculations:

December 31, 2020 Deferred Tax Asset (DTA) = $50,000

Estimate of realizable DTA = 30% of $50,000 = $15,000

Allowance for unrealizable DTA for 2020 = 70% of $50,000 = $35,000

Loss from unrealizable DTA = $31,000 ($35,000 - $5,000)

b) Like the Allowance for Doubtful Accounts, the DTA Valuation Allowance is a contra-account to the Deferred Tax asset Account. It shows the amount of the deferred tax asset with a more than 50% probability of being lost or unutilized in the future as a result of the non-availability of sufficient future taxable income.

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3 years ago