Changes to anything in the higher up corporate areas
Answer:
His return on investment is negative 8.7%
Explanation:
Thomas purchased 2,500 shares of EKK at $54 per share (=$135,000 / 2,500).
He received $750 (= $0.30 x 2,500) in annual dividends.
He sold his 2,500 shares at $49 per share = $122,500
The total amount of money he received from his investment is $122,500 + $7
50 = $123,250, then we divide that by $135,000 = 0.913 - 1 = -8.7%
Advertising, personal selling, sales promotion, and public relations are components of the promotion mix.
The definition of advertising is the business or practice of making something known to the public, usually through some form of paid media. An example of advertising is a company that specializes in designing and executing newspaper advertisements for other companies products.
Definition: Advertising is a means of communicating with users of a product or service. Advertising is defined by the British Advertising Council as a message intended to inform or influence the recipient for a fee paid by the sender. Ads are made to get people to do something.
Learn more about Advertising at
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Answer:
A. Debiting Cost of Goods Sold $7,000
Explanation:
The LIFO is a method used to account value for inventory. Under the method, the last item of inventory purchased is the first one sold.
At year-end, the perpetual inventory records of Anderson Co. indicate 60 units of a particular product in inventory, but a physical inventory taken at year-end indicates only 50 units of this product actually are on hand. So 10 units of the product was shrinkage.
The company should debit Cost of Goods Sold to record this inventory shrinkage.
Anderson Co. use LIFO method, the amount shrinkage product:
10 x $700 = $7,000
