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4 years ago

Marketing strategy formation refers to:

Business

1 answer:

german4 years ago

3 0

Answer:

Answer is option a, i.e. a plan to use company resources (time, talent, finances) effectively and efficiently.

Explanation:

Marketing strategy can be understood as a plan (generally long term) that creates a pathway or road map to reach the desired goal. These goals are generally related to achieve profitability and productivity in an organization by utilization of the limited available resources effectively and efficiently. Therefore, the answer is option a.

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On the basis of the following data taken from the Adjusted Trial Balance columns of the work sheet for the year ended March 31 f

max2010maxim [7]

Answer:

Banes Domino's Company

Closing Entries

Date Acct.No Account Debit Credit

9 Income Summary 329,000.00

11 Salary Expense 244,500.00

12 Rent Expense 48,000.00

13 Depreciation Expense 25,000.00

14 Supplies Expense 9,500.00

15 Miscellaneous Expense 2,000.00

Expenses are closed to Income Summary Account.

10 Fees Earned 510,000.00

9 Income Summary 510,000.00

Revenue Accounts are closed to Income Summary Account.

9 Income Summary 181,000.00

Jack Banes, Capital 181,000.00

To close Income Summary Account

Jack Banes, Capital 47,000.00

Jack Banes, Drawing 47,000.00

To Close withdrawals account.

5 0

3 years ago

1. Answer the below question based upon the following information on Fitbit: Fitbit Year0 Year1 RRF 2% Initial Investment -$5,00

Volgvan

Answer:

$8.53

Explanation:

As per the data given in the question,

Total sales

= 150,000 × $400

= $60,000,000

Variable = $37,500,000

Fixed cost = $1,000,000

Depreciation = $1,500,000

Tax rate = 35% = 0.35

Net Income = (Sales - Variable - Fixed cost - Depreciation) (1 -Tax rate)

= ( $60,000,000 - $37,500,000 - $1,000,000 - $1,500,000)(1 -0.35)

= $13,000,000

Price per share

= Net income ÷ Existing Fit-bit shares

= $13,000,000 ÷ 2,000,000

= $6.5

Total IPO value = Pre-IPO value + Post-IPO value

= [$91,100,000 + (6.5 × 36,500,000)] ÷ ( 2,000,000 + 36,500,000)

= $8.53

We simply applied the above formula

3 0

4 years ago

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.5 cus

Phantasy [73]

Answer:

A) Single-server single-phase model (M/M/1).

$\lambda=2.5 \,customers/hour\\\\\mu=6\,customers/hour$

B) The goal is not met, as the average time waiting for service is 5.56 minutes.

C) The new mean service rate is 7.5 customers/hour.

In this case, the average time waiting for service is 4 minutes, so the goal is met.

Explanation:

A) This situation can be modeled as a single-server single-phase model (M/M/1).

The mean arrival rate is 2.5 customers per hour.

$\lambda=2.5 \,customer/h$

The mean service rate is 6 customers per hour, calculated as:

$\mu=\frac{60\, min/h}{10 \,min/customer}=6\, customer/h$

B) The average waiting time for a customer can be expressed as:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{6}\frac{1}{6-2.5} =0.417*0.222=0.093\,hours\\\\W_q=0.093\,hours*(60min/h)=5.56 \,min$

The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.

C) If the average time spent per customer to 8 minutes, the mean service rate becomes

$\mu=\frac{60\, min/h}{8 \,min/customer}=7.5\, customer/h$

An the average waiting time for the service now becomes:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{7.5}\frac{1}{7.5-2.5} =0.333*0.2=0.067\,hours\\\\W_q=0.067\,hours*(60min/h)=4 \,min$

The average time is now 4 minutes, so the goal is achieved.

6 0

3 years ago

Assuming that the direct materials used are $1880000, compute the total manufacturing costs using the following information.

Scilla [17]

Answer:

D. $3240000.

Explanation:

Particulars Amount ($) Amount ($)

Direct materials used 1,880,000

Direct Labor 760,000

<u>Manufacturing Overheads </u>

Factory Utilities 150,000

Indirect Labor 50,000

Factory Depreciation <u>400,000</u> <u>600,000</u>

Total Manufacturing cost <u>$3,240,000</u>

6 0

3 years ago

John Cotton is an employee at Radiance Senior Living. He received the following benefits from his employer during 2021 on the co

sertanlavr [38]

The amount of these benefits that is taxable for 2021 is $1,680.

<h3>Benefits that is taxable for 2021</h3>

The Benefits that is taxable for 2021 is Personal protective equipment of the amount of $140 per months.

Hence:

Taxable benefit=$140×12 months

Taxable benefit=$1,680

Therefore the amount of these benefits that is taxable for 2021 is $1,680.

Learn more about Benefits that is taxable for 2021 here:brainly.com/question/26652580

#SPJ1

3 0

2 years ago