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1 year ago

Because services are __________, it is often difficult for marketers to convey the benefits to consumers.

Business

1 answer:

muminat1 year ago

5 0

Because the services are intangible, it is often difficult for the marketers to convey benefits to consumers.

<h3>Who is a marketer?</h3>

A marketer is someone who advertises the goods and services of an organization. They identify the tactics that can increase revenue and sales while making sure that these tactics are in line with both customer and market need. Now that we are aware of what a marketer is, let's examine their function. Let's first examine the function that a marketer does before delving into the importance of marketing for firms. The financial success of any firm can be determined by the marketer's ability to sell. They make sure that the goods and services are promoted effectively enough to sustain demand. Long-term brand equity and improved consumer experiences are enhanced by imaginative and creative marketers.

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7 0

2 years ago

Tabor company issues $20,000 of common stock to investors. recording this transaction will include a credit to:________

Dmitrij [34]

Tabor company issues $20,000 of common stock to investors. recording this transaction will include a credit to common stock. A security that symbolizes ownership in a firm is called common stock. After creditors, bondholders, and preferred stockholders have been paid, whatever assets are left over after a liquidation go to common stockholders.

In the firm, various kinds of equities are traded. In other words, it's a method of allocating corporate ownership; as a result, each share of common stock corresponds to a certain proportion of a corporation. One share, for instance, would represent one percent ownership of a firm with 100 outstanding shares.

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2 years ago

National Art is a new business. During its first year of operations, credit sales were $40,000 and collections were credit sales

zmey [24]

Answer:

The ending balance of Allowance for Bad Debts account is $800

Explanation:

The computation of the ending balance of allowance for bad debt is shown below:

= Credit sales × uncollectible rate

= $40,000 × 2%

= $800

The estimated amount would be considered as an allowance for bad debts i.e $800, So no other amount would be come while computing the ending balance of Allowance for Bad Debts account.

However, the other information which is given in the question is not relevant. Hence, ignored it

6 0

3 years ago

Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. (The real is Brazil’s national

SVETLANKA909090 [29]

Answer:

1. Variable cost = $0.125/mile and Fixed cost = $16,225

2. x = $16,225 + $0.125 × y

3. total maintenance cost = $21,600

Explanation:

Requirement 1

We know,

Variable cost using high-low method = (Total highest cost - Total lowest cost) ÷ (Highest activity - Lowest activity)

Given,

Highest activity = 31,400 miles (March)

Lowest activity = 13,400 miles (April)

Total highest cost = $20,150 (March)

Total lowest cost = $17,900 (April)

Therefore,

Variable cost using high-low method = ($20,150 - $17,900) ÷ (31,400 - 13,400) miles

Variable cost using high-low method = $2,250 ÷ 18,000 miles

Variable cost using high-low method = $0.125 per mile

Again,

we know, Total cost = Fixed cost + Variable cost

Using highest total cost and highest activities,

$20,150 = Fixed cost + $0.125 × 31,400 miles

or, $20,150 = Fixed cost + $3,925

or, Fixed cost = $20,150 - $3,925

Fixed cost = $16,225

Requirement 2 and 3

Requirement 2

The formula to express the cost behavior exhibited by the company's maintenance cost =

Let,

Total cost = x

Traveled by Tour Buses = y

As the fixed cost is fixed, the formula to express the answer =

x = $16,225 + $0.125 × y

It means, total cost = fixed cost + variable cost per miles driven.

Requirement 3

The level of maintenance cost that would be incurred during a month when 43,000 tour miles are driven =

total cost = fixed cost + variable cost per miles driven.

or, total cost = $16,225 + $0.125 × 43,000 miles

Total cost = $16,225 + $5,375

Therefore, total maintenance cost = $21,600

8 0

3 years ago