Answer:
marketing
Explanation:
Marketing may be defined as the business or the action of promoting as well as selling products or the services, which includes a market research and the advertising. It is the activity, the organization undertakes to foster promote by buying or by selling a product or a service in the market.
The 4Cs that is used in the concept of marketing is Convenience, Communication, Consumer solution, Cost. They are quite similar to the 4P model of marketing i.e. Place, Promotion, Product, Price. These models are used in marketing to enhance the 'marketing mix'.
Answer:
$600,000
Explanation:
Based on the information given in a situation where the amount of $600,000 was a better estimate than any other amount given in the range by the legal counsel ( Dean) which means that the amount of LIABILITY that Dean should report on its balance sheet at December 31, year 1 in connection with this suit will be the estimated amount of $600,000.
It means how much product you currently have in stock or in facilities.
Answer:
$186,500 decrease
Explanation:
The computation of the effect in case when the product V41B is dropped is shown below:
We need to compare the cost between the current profits and the fixed cost incurred which is
Current profits = Sales - Variable costs - Fixed manufacturing expenses - Fixed selling and administrative expenses
= $933,000 - $410,500 - $522,500 - $347,000
= ($347,000)
Now fixed costs incurred is
= ($522,500 - $212,500) + ($347,000 - $123,500)
= $310,000 + $223,500
= $533,500
Since the fixed cost is more than the current profits, so the net operating income would be decreased by
= $533,500 - $347,000
= $186,500
Answer:
$236,250
Explanation:
The computation of external financing is shown below:-
For computing the external financing first we need to find out the retained earning which is shown below:-
Net income = Sales × Profit margin
= $2,500,000 × 15%
= $375,000
Increase in retained earning = Net income - Dividends
= $375,000 - ($375,000 × 35%)
= $375,000 - $131,250
= $243,750
External financing = Increase in assets - Increase in retained earning
= $480,000 - $243,750
= $236,250