Typically spends LESS to develop consumer brand awareness.
Answer:
The expected cash collections of sales in October $91,00
Explanation:
It is assumed that the remaining Percentage of 15% (100%-50%-25%-8%-2%) is received Third month following sale.
Cash Schedule is attached with the answer in an MS Excel file, Please find it.
Answer:
Economic order quantity (EOQ)= 49 units
Explanation:
Giving the following information:
Demand= 480 units per year
Order cost= $10
Holding cost= 10*0.4= $4
<u>Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.</u>
Economic order quantity (EOQ)= √[(2*D*S)/H]
D= Demand in units
S= Order cost
H= Holding cost
Economic order quantity (EOQ)= √[(2*480*10) / 4]
Economic order quantity (EOQ)= √(2,400)
Economic order quantity (EOQ)= 49 units
Answer:
I beleive this one would be a bit of a matter of opinion when it comes down to it, but personally I would call it a bit unethical.
Explanation:
Escpecially when it comes to something like medication, it feels unethical to be advertising yourself as the only brand that will work. In my mind unique selling proposition would be focusing on what differentiates your product from others (example, my product can provide 48 hour vs other brands that only offer 24 hour) Simply stating their brand is the only solution feels unethical and does not provide ample evidence of this claim to customers in my opinion. I don't think it would be considered illegal, but in my mind its tiptoeing the line of ethics.
Answer:
Cash Dr $9,808,729
To Premium on bond payable $2,008,729
To Bond payable $7,800,000
(Being the issuance of the bond payable is recorded)
Explanation:
The journal entry for issuance of the bond is shown below:
Cash Dr $9,808,729
To Premium on bond payable $2,008,729
To Bond payable $7,800,000
(Being the issuance of the bond payable is recorded)
For recording this we debited the cash as it increased the assets and credited the premium on bond payable as issued amount is more than the face value plus the liabilities is also increased so the bond payable is also credited
