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gregori [183]
3 years ago
10

________ are consumer products for which a consumer either has little awareness or interest until a need arises. these products

require a lot of advertising, personal selling, and other marketing efforts.
Business
1 answer:
BaLLatris [955]3 years ago
4 0

The correct answer is unsought products. This is known as the goods by which the consumers have no knowledge about or that these are the products that they doesn’t normally sink in their mind of choosing of buying than those that they normally buy and need.

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The adjusted trial balance of Antoine Corporation at December 31 shows that sales revenue for the year was $ 520 comma 000 and o
LenaWriter [7]

Answer:

Explanation:

The closing entries for the following accounts are shown below:

1. Sales Revenue A/c Dr $520,000

 Other revenue A/c Dr $49,000

                  To Income Summary A/c $569,000

(Being revenue account closed)

2. Income Summary A/c Dr $490,000

      To  Cost of goods sold $280,000

      To other expenses $210,000

(Being expenses accounts are closed)

3. Income summary A/c Dr $79,000 ($569,000 - $490,000)

                  To Retained earning $79,000

(Being the difference is credited to retained earning)

4. Retained earnings A/c Dr $18,000

           To Dividend A/c $18,000

(Being dividend account is closed)

5 0
3 years ago
You manage a pension fund that promises to pay out $10 million to its contributors in five years. You buy $7472582 worth of par-
julia-pushkina [17]

Answer :

Shortfall of money = $74,598

Explanation :

As per the data given in the question,

Par value of bond = $7,472,582

To determine the future value of annual coupon payments received, we will use FV of annuity's formula

FV of Annuity = P [(1 + r)^n- 1 ÷ r]

where,

P = Periodic payment

r = interest rate

n = Time period

here P = 6% of $7,472,582 = $448,354.92

r = 4.50%

n = 5 years

FV of Annuity = $448,354.92 × [(1 + 4.50%)^5 - 1) ÷ 4.50%]

=$2,452,820

Shortfall at the end of 5 years is

= $10,000,000 - $7,472,582 - $2,452,820

= $74,598

6 0
3 years ago
Using advances in technology to maintain databases of customer information is more important for firms involved in mass marketin
astraxan [27]

Answer:

The statement is: False.

Explanation:

The difference between mass marketing and relationship marketing is that the first is used to attract large numbers of customers with a product that is not necessarily tailor-made for them. On the other hand, relationship marketing provides consumers with a good or service that matches their needs. Companies implementing this approach are likely to keep customers' information in a database to evaluate changes over time and to adapt to them.

Thus, maintaining databases thanks to the advance of technology is likely more useful for firms using relationship marketing.

4 0
3 years ago
An article in the Wall Street Journal on the housing market states that​ "Steady job​ growth, rising wages and low interest rate
tensa zangetsu [6.8K]

<u>Solution and Explanation:</u>

Since interest rate is the cost of borrowing, lower interest rate decreases the cost of borrowing for housing mortgage, which increases demand for housing.

It is very much clear from the demand and interest rate have a certain relationship. If the interest rate on a particular amount is lower then the customers will try to get more amount as the cost on such amount will be less which means the burden on the customers would be lower.

6 0
3 years ago
If Henry and Kate's Company has $300,000 of sales revenue, pays $50,000 in dividends, and has net income of $100,000, how much w
True [87]

Answer:

$205,000

--

Stockholders' equity = ($300,000 - $180,000) + ($375,000 - $240,000) - $50,000.

Explanation:

SE = (Total Assets - Total Liabilities) + (Revenues - Expenses) - Dividends

5 0
3 years ago
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