The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.
<h3>What is the significance of marketing laws?</h3>
Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.
Therefore, the option C holds true and states regarding the significance of marketing laws.
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The incomplete question has been completed below for better reference.
A. Understand customer's demands
B. Identify brand positioning
C. Both A and B
D. None of these
Answer:
- what amount should Dart report as total revenues?
B. $250,000
Explanation:
The option B is the answer because the others option are not part of revenues during the year to the single step income.
The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.
Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.
Answer:
It is 0.98
Explanation:
Total Assets Turnover Ratio(TATR) = <u> Net Sales </u>
Average Total Assets
Net Assets =Gross Sales-Trade discounts-Sales tax-Sales return
TATR = 940,000/955,000 = 0.98 times
It is the ratio of a company's net sales to its average assets employed.
It is a ratio that tells how efficient the company is using its assets to generate its revenue.
The drawback of this ratio is that, if the divisional manager performance is based on this, it may sometimes leads to short-term view of performance. This may then encourage dysfunctional behaviour which may include refusal to replace an old assets with lower based value which when replace may reduce this ratio because of the higher based value of the new assets while sales still remain the same
Answer: Macaulay Duration = 2.6908154485 = 2.69
Explanation:
Macaulay Duration = Sum of Cash flows Present Value/ current bond price
Cash flows: year 1 = $12
Cash flows: year 2 = 12
Cash flows: year 3 = 100 + 12 = 112
Sum of Cash Flow PV = (1×12÷ (1.118)^1) + (2×12÷ (1.118)^2) +(3×112÷(1.118)^3)
Sum of Cash Flow PV = 270.37857712
Current Bond Price or Value = Face Value/ (1+r)^n + PV of Annuity
Current Bond Price or Value = 1000/ (1.118)^3 + (30×(1 - (1+0.118)^-3)/0.118
Current Bond Price or Value = 100.48202201
Macaulay Duration = 270.37857712 ÷ 100.48202201
Macaulay Duration = 2.6908154485 = 2.69