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Talja [164]
3 years ago
10

NBB's focus on sustainability, whimsy, and fun is clearly rooted in its Colorado-based culture and the ethos of its founders and

employees. As NBB's distribution continues to expand away from that locale, how can the company make its branding and messaging resonate with consumers in different parts of the country?
Business
1 answer:
Assoli18 [71]3 years ago
8 0

Answer:

To help expand New Belgium’s brand(NBB) image to consumers in different other parts of the country, NBB will have to link advertisements to the company’s social network pages. This would be the most efficient and effective way to stream advertisement to new countries, or different other parts of the country.

Explanation:

NBB carries a strength of knowing their brand. With an expansion making use of branding and communication strategies, they would have succeed in their goal of being a unique culture remaining committed to their initial mission of being a fun, socially, and environmentally responsible company. For the company to maintain its whimsical and personal touch with consumers, NBB should spring forth new ideas to communicate with consumers, this will keep the customers updated and make them interested in staying loyal to the company.

You might be interested in
La Famiglia Pizzeria provided the following information for the month of October:
Dennis_Churaev [7]

Answer:

a

The cash receipts in October are as follows:

Cash Sales:

85% of $157,000

= 0.85 * $157,000

= $133,450

Payments on September credit sales:

$181,500 * 28% * (80 - 75)%

= $181,500 *0.28 * 15%

= $181,500 * 0.28 * 0.15

= $7,623

Payments on October credit sales** 16,485

$157,000 * 70% * (85 - 70)%

$157,000 * 0.7 * 15%

= $157,000 * 0.7 * 0.15

= $16,485

Total cash expected = $133,450 + $7,623 + $16,485 = $157,558

b.

Payments for food purchases is as follows:

September

($130,000 × 0.75) = $97,500

October

($116,000 × 0.25) = 29,000

Total cash needed for June = $97,500 + $29,000 = $126,500

c.

The inventory is as follows:

Beginning balance $2,147

Cash receipts $157,558

Cash available $159,705

The following items will be subtracted:

Food purchases $126,500

Shareholder's Dividend $6,000

Workers’ wages in September $730 ---- 10% of $7,300

Workers’ wages re: October $6,570 --- 90% of $7,300

Utilities $5,590

Insurance $1,200

Rent $4,100

Total disbursements $150,690

Ending balance

= $159,705 - $150,690

= $9,015

8 0
3 years ago
Dividends cause a(n) increase/decrease)_________ in equity and are recorded directly in
Artyom0805 [142]

Answer:

Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)

Explanation:

The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).

(opentextbc.ca)

6 0
3 years ago
Foxy Investigative Services is an investigative services firm that is owned and operated by Shirley Vickers. On November 30, 201
crimeas [40]

Answer:

Foxy Investigative Services

1. Foxy Investigative Services

A. Income Statement  

For the Year Ended November 30, 20Y8

REVENUE            

Service Fees                                                         $675,500

Rent Revenue                                                             9,000

Total revenues                                                     $684,500

EXPENSES

Salaries Expense                      435,000

Rent Expense                             55,000

Supplies Expense                        11,850

Depreciation Expense-Building 10,000

Utilities Expense                          8,800

Repairs Expense                         4,250

Insurance Expense                     3,000

Miscellaneous Expense              11,100

Total expenses                                                   $539,000  

Net income                                                         $ 145,500

Retained Earnings                                                  70,300  

Dividends                                                              -30,000

Balance, November 30, 20Y8                           $185,800

Foxy Investigative Services  

B. Statement of Shareholders' Equity

November 30, 20Y8

Common Stock                                                     $40,000

Net income                                         $ 145,500

Retained Earnings                                   70,300  

Dividends                                               -30,000

Balance, November 30, 20Y8                           $185,800

Total stockholders' equity                                $225,800

Foxy Investigative Services

C. Balance Sheet

November 30, 20Y8

ASSETS

Current assets

Cash                                              27,500

Accounts Receivable                    71,800

Supplies                                         5,550

Prepaid Insurance                            750

Total Current Assets                                    $105,600

Building                                     330,500

Accumulated Depreciation      -184,100

Total property, plant, and equipment        $146,400            

Total assets                                                $252,000

LIABILITIES

Current liabilities

Accounts Payable                       16,100

Salaries Payable                          6,600

Unearned Rent                            1,500

Total Liabilities                                            $24,200

EQUITY

Common Stock                          40,000

Retained Earnings                    185,800

Total stockholders' equity                        $225,800

Total liabilities and stockholders' equity   $250,000

NB:  Liabilities + Equity side is short by $2,000 because the Trial Balance is not in balance.

2. Closing Journal Entries:

Account Title                                 Dr.               Cr.

Income Summary                     30,000

Dividends                                                          30,000

To close dividends to the income summary (Retained Earnings)

Account Title                                 Dr.               Cr.

Service Fees                             675,500

Rent Revenue                               9,000    

Income Summary                                        684,500

To close revenues to the income summary.

Account Title                                 Dr.               Cr.

Income Summary                     $539,000

Salaries Expense                                       435,000

Rent Expense                                              55,000

Supplies Expense                                         11,850

Depreciation Expense-Building                  10,000

Utilities Expense                                           8,800

Repairs Expense                                          4,250

Insurance Expense                                      3,000

Miscellaneous Expense                               11,100  

To close the expenses to the income summary.

3. Net Income remained $ 145,500.  Retained Earnings, beginning balance would have been reduced by $46,000.

Explanation:

a) Data and Calculations:

Foxy Investigative Services

End-of-Period Spreadsheet

For the Year Ended November 30, 20Y8

Adjusted Trial Balance

Account Title                                     Dr.               Cr.

Cash                                                27,500

Accounts Receivable                      71,800

Supplies                                           5,550

Prepaid Insurance                              750

Building                                       330,500

Accumulated Depreciation-Building               184,100

Accounts Payable                                              16,100

Salaries Payable                                                 6,600

Unearned Rent                                                   1,500

Common Stock                                                40,000

Retained Earnings                                           70,300

Dividends                                     30,000

Service Fees                                                 675,500

Rent Revenue                                                   9,000

Salaries Expense                      435,000

Rent Expense                             55,000

Supplies Expense                        11,850

Depreciation Expense-Building 10,000

Utilities Expense                          8,800

Repairs Expense                         4,250

Insurance Expense                     3,000

Miscellaneous Expense              11,100

Totals                                     1,003,100      1,003,100

Correct total of Debit side = 1,005,100           2,000

6 0
3 years ago
If consumers start to believe they need a product, what is likely to happen?
suter [353]
B. The demand becomes more elastic
4 0
3 years ago
You decide to save a uniform amount at the end of each month for 12 months so you will have $1000 at the end of 1 yr. The bank w
vitfil [10]

Answer:

$81.13

Explanation:

first we must calculate the effective monthly interest rate:

1.06 = (1 + i)¹²

1.004868 = 1 + i

i = 0.4868%

the future value of this annuity is given, but we need the monthly contribution:

monthly contribution = future value / FV annuity factor

future value = $1,000

FV annuity factor, 0.4868%, 12 periods = 12.32656

monthly contribution = $1,000 / 12.32656 = $81.13

5 0
3 years ago
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