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8 months ago

To create and capture customer value, companies must engage the first step of the marketing process, which is __________.

1 answer:

4 0

To create and capture customer value, companies must engage the first step of the marketing process, which is Research Your Ideal Customer/Audience.

<h3>Why is the first step of the marketing process important ?</h3>

The first step of the marketing process important because it help to identify the potential; buyers as well as to know the kind of the market that is needed to be focus on so as to be able to ,maker sales.

In this case, it should be noted that create and capture customer value, companies must engage the first step of the marketing process, which is Research Your Ideal Customer/Audience.

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On October 1, 2018, Ellington Company establishes an imprest petty cash fund by issuing a check for $200 to Erin Angelo, the cus

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Answer:

Dr. Freight-in $28

Dr. Supplies Expense $42

Dr. Entertainment of Clients $65

Dr. Postage Expense $30

Dr. Cash Short/over $3

Cr. Cash (200-32) $168

Explanation:

Petty cash is kept to deal with the day to day expense of the business. It is kept separate from the cash balance of the company.

To replenish the fund we, need to record the petty cash expenses in their respective accounts and deduct the amount from petty cash account.

If the cash is short or over the balance shown in the account we also need to record it.

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2 years ago

To make your business messages more effective, revise for vigor and directness. You can strengthen your writing by unburying ver

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Answer:

The correct answers are letters "A" and "D": The entire team engaged in the preparation of the proposal Paul submitted on Wednesday; I’ll make an assumption that Lisa received the e-mail.

Explanation:

Buried verbs are actions that were converted into noun expressions typically to give more emphasis in the action performed. However, buried verbs night provide a redundant sense to the message intended to be provided. To give clear messages, the buried verb should be unburied by simplifying it without changing meaning in the whole segment. Thus:

The entire team engaged in the preparation of the proposal Paul submitted on Wednesday.
The entire team prepared for the proposal Paul submitted on Wednesday.

I’ll make an assumption that Lisa received the e-mail.
I'll assume Lisa received the e-mail.

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2 years ago

X-treme Vitamin Company is considering two investments, both of which cost $20,000. The cash flows are as follows: Year Project

antiseptic1488 [7]

Answer:

Project A = 0.87 years

Project B = 1 year

2 Project should be chosen because it has a shorter payback period.

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

For project A, the payback period is $20,000 / $23,000 = 0.87 years

For project B, the payback period is $20,000 / $20,000 = 1 year

Project should be chosen because it has a shorter payback period.

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2 years ago

Purchased office supplies for $1,400. Cash paid $ 400 and remaining outstanding.

irga5000 [103]

Answer: $1,000

Explanation:

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2 years ago

Stangol Co. uses process costing to account for the production of highlighter pens. Direct materials are added at the beginning

Otrada [13]

Answer:

$55,565.76

Explanation:

Calculation for the value of ending inventory using the weighted average method

First step is to find the Equivalent units

Equivalent units = (4,800 × 50%)

Equivalent units = 2,400

Second step is to find the conversion costs

Conversion costs (4,800 × 100%)

Conversion costs= 4,800

Last step is to calculate for the value of ending inventory

Ending inventory= ($8.91 × 2,400) + ($7.1212× 4,800)

Ending inventory=$21,384+$34,181.76

Ending inventory=$55,565.76

Therefore the value of ending inventory using the weighted average method would be closest to: $55,565.76

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2 years ago