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3 years ago

Which responsibility belongs to the marketing function?

Business

2 answers:

Tamiku [17]3 years ago

8 0

Answer:

The correct answers are setting of prices, defining the policy of discounts and bonuses, selection of personnel and training of sellers.

Explanation:

The universal functions of marketing are buying, selling, transporting, storing, standardizing and classifying, financing, taking risks and obtaining market information.

The responsibilities that belong to the marketing function are the setting of prices, defining the policy of discounts and bonuses, selection of personnel and training of sellers.

Have a nice day!

igomit [66]3 years ago

7 0

Answer:

Marketing manager responsibility,

Hope this helped!

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I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.

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3 years ago

Exercise 14-13 Coronado, Inc. had outstanding $5,460,000 of 11% bonds (interest payable July 31 and January 31) due in 10 years.

cupoosta [38]

Answer: Please see expalantion coumn for answer

Explanation:

1) To record issuance of bonds

Date Account Title Debit Credit

July 1 Cash $9,457,500

Discount on bond payable $292,500

Bond payable $9,750,000

Calculation:

Cash =$9,750,000 x 97% = $9,457, 500

Discount = $9, 750,000 - $9,457,500= $292,500

2)To record retirement of 11% bonds

Date Account Title Debit Credit

August 1st Bond payable $5,460,000

Loss on Redemption of bonds $218,400

Cash $5,569,200

Discount on Bonds payable $109,200

Calculation:

Cash =$5,460,000 x 102% = $5,569,200

Loss on Redemption of bonds = Cash + Discount on bonds payable - Bonds payable = $5,569,200 + $109,200) - $5,460,000= $218,400

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3 years ago

Pension plan assets were $200 million at the beginning of the year. The return on plan assets was 5%. At the end of the year, re

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Answer:

Pension plan assets at the year end will be $214

Explanation:

Wee have given pension plan assets = $200 million

Return on plan assets = 5%

So return will be equal to = $200×0.05 = $10 million

Cash contribution is given $12 million

Retiree benefits is $8 million

We have to find the amount of pension plan assets at the year end

Pension plan assets is equal to = Plan assets at beginning of the year + actual return - retiree benefits = $200 + $10 +$12 - $8 = $214

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3 years ago

Cole Co. began constructing a building for its own use in January 2016. During 2016, Cole incurred interest of $50,000 on specif

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Answer:

The correct answer is 'Option (b)

Explanation:

Cole co. should compare between actual interest incurred on all the debts and the calculated interest on weighted average accumulated expenditure and lower of these two should be capitalized.

Actual interest incurred =$50,000+20,000 = $70,000

Calculated interest = $40,000

Lower of these two to be capitalized for the building during 2011= $40,000

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2 years ago

How does having a menu that is uniform around the country provide mcdonald's with economies of scale? how is menu planning made

slega [8]

Yes, a uniform menu allows for centralized planning and distribution without having to many different factories/suppliers.

Menu:

If the food menu is consistent, it can be said that economies of scale would be in effect. This is due to the fact that the fixed cost per unit actually gets to decrease, which then leads to a decrease in the average cost of production per unit as the sales volume keeps on increasing, giving the company a cost advantage and resulting in economies of scale. However, when extending to other nations, the menu planning becomes more difficult because local preferences and cultural norms vary widely. For example, beef is not allowed in India, thus the menu must be designed accordingly.
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Learn more about menu here brainly.com/question/24068570

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1 year ago