Answer:
correct option is a. $11,750
Explanation:
given data
Revenue recognized = $19,000
Accounts receivable = 3,000
Expenses incurred = 7,250
Accounts payable = 750
Supplies purchased = 1,800
solution
we get here net income that is express as here
Net Income = Revenue recognized - Expenses incurred .........................1
put here value and we will get net income
Net Income = $19000 - $7250
Net Income = $11750
so here correct option is a. $11,750
The steps that marketers should follow are identify cost of necessary communications, compare budget to that of competitors and establish set of communication objectives.
<h3>
What is communication?</h3>
The traditional definition of communication is the transfer of information. The phrase could be used to describe the transmission's message or the field of study that looks into it. There are several disagreements over the precise definition of it. This justification suggests that one definition of communication might be the process of mutual understanding being established between things or groups through the use of signs, symbols, and semiotic customs. It's important to distinguish between non-verbal communication, which can include things like gestures and facial expressions, and verbal communication, which happens through the use of words. Models of communication provide a detailed description of the numerous stages and parties involved in communication. Numerous academic fields focus on communication. Information theory examines how information is generally quantified, stored, and transmitted.
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Answer:
Net operating income will increase by $3664.
Explanation:
Credit card sales = $11.200
Card fees = 3% * $11.200 = $336
Cost of goods sold = $7.200
Net operating income = Sales - Cost of goods sold - card fees
Net operating income = $11.200 - $7.200 - $336 = $3664.
So, net operating income will increase by $3664.
Answer: (B) Promotional strategy
Explanation:
The promotional strategy is one of the type of marketing strategy in which the various types of products and the services are get promoted by the various types of techniques such as public relation, advertising, sales promotion and the social media.
The promotional strategy provides various types of benefits as it increase the productivity of the products and the services in the market.
There are usually four types of promotional strategy that are:
- Advertising
- Personal selling
- Publicity
- Sales promotion
Therefore, Option (B) is correct.
Answer:
b. False
Explanation:
Inventory Turnover tells us how fast the business is selling it's product. It measure the number of time an average inventory is completed its process from finished goods / Inventory to sales to customer. Higher the inventory turnover lower time of holding the inventory of each unit. So, the statement given is false.