Answer:
The correct answer is the option B: clear financial goals and expectations.
Explanation:
To begin with, before a new product is developed a company must follow a precise protocol in which the marketing mix plan is already established and therefore once that the company states the 4Ps of their marketing mix, it establishes the features of the product including characteristics of what it will be and do; the target audience including the costumers' preferences, needs and wants; the distribution channels and the promotion strategy.
To continue, <u><em>the protocol must establishes clear financial goals and expectations</em></u> in order to know how much is available to spend and how much of time will it take to create the product and to obtain the return of investment as well. Therefore, once that the marketing mix is established, the company needs to have in mind their expectations and expenditures.
Answer:
the journal entry should be:
Dr Cash X
Cr Dividend revenue X
When a company holds securities as an investment and classifies them as available for sale (AFS), any dividends received will be recorded as revenue.
Dividend revenue is reported in the income statement.
They are in the "collecting information" stage of planning.
Answer: The equilibrium price is $68, Quantity 32 million barrel, The quantity to import is 53 million barrel
Explanation:
Given that D = -2 + (1/2)P, S = 15 - (1/4)P
At equilibrium Qd = Qs
-2 + (1/2)P = 15 - (1/4)P
Change 1/2 P and 1/4 P to decimal we have 0.5, and 0.25 respectively
Collect like terms
-2 -15 = 0.25P - 0.5P
17 = 0.25P
Divide both sides by P
17/0.25 = 0.25P /0.25
68 = P
P = 68
Substitute the value of P into equation 1 and 2 determine the value of Q
-2 + 0.5 (68)
-2 + 34
= 32
15 - 0.25 (68)
15 + 17
= 32
To determine the quantity to import when world price is $11.00 per barrel ,substitute the value into equation 1
-2 + 0.5 (11)
-2 + 55
= 53
Therefore quantity to import is 53 millions barrel
Answer:
A) $9,100, $9,100
Explanation:
Calculation for the net realizable value of the receivables before
Accounts receivable $9,500
Less Allowance for doubtful accounts 400
Net realizable value of the receivables BEFORE $9,100
Calculation net realizable value of the receivables after the write-off
Accounts receivable $9,500
Less Allowance for doubtful accounts 400
Net realizable value of the receivables AFTER $9,100
Therefore The net realizable value of the receivables before and after the write-off was
$9,100, $9,100