Answer:
Accounts receivables 45,000 debit
Fees revenue 45,000 credit
Explanation:
Harry will record based on previous expenrience using the gross method that is, to record according to the nominal value of the invoice Thus account receivables and the revenue recognize will be for the full amount. If latter the customer uses the discount then, it will use the sales discount account to later determinate net sales in the income statement.
Using the diagram of the market for corn. If the price in this market is $2 per bushel, then there will be option A: a shortage of 8 thousand bushels.
<h3>What is the issue of the quantity demanded about?</h3>
Based on the image attached, 12 thousand bushels are being wanted at this price of $2 per bushel, while 4 thousand bushels are being delivered.
These figures are also shown in the image above. Now when you contrast the quantity given and sought at this pricing. The quantity supplied (12) lower than the quantity demanded (4). Or, to put it another way, the quantity that producers want to sell is lower than the quantity that customers want to purchase.
Therefore, Since Qd > Qs, we refer to this as an excess demand scenario or shortage.
Hence, 12 - 4 = 8
So there is a a shortage of 8 thousand bushels in quantity supplied.
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Answer:
The correct answer is a) Sponsorship.
Explanation:
When it comes to sponsorship between two companies, it refers to the agreement they make so that one of the companies helps the others to promote its brand or product, benefiting from an economic incentive or the same product.
For example, in the case of the Livesheer company, they help sponsor the music festival with the agreement that the organizers promote their clothing brand at the festival through advertisements, as well as let them deliver a sample of their product to potential customers. This strategy is achieved through the sponsorship that Livesheer will give to the event organizers.
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Answer:
Letter a is correct. <u>Is the starting point of the marketing mix strategy to identify target markets.</u>
Explanation:
A marketing plan can be defined as a detailed document that contains the actions that a company must take to achieve its marketing objectives. Through this document, it is possible to carry out a planning for a product, service and brand.
The stage of implementing the marketing plan is the starting point for the company to outline specific marketing strategies, such as the marketing mix, which is a strategic tool used to achieve its marketing objectives in the target market.
The marketing mix model most used by companies is that of 4P: product, square, price and promotion, and for each of the variables there is a set of specific activities that integrated help to achieve objectives and goals.
Therefore, the implementation stage is extremely relevant for the company, it is necessary to adjust expectations in order to set real and possible goals to be achieved in a certain time, it is also important to assemble a team with qualified professionals for the execution of the plan, so that the actions correspond to the organizational values and strategies. Communication is also essential for feedback, new ideas and suggestions.
It is important to note that a marketing plan is changeable, as several factors influence it to evolve and change, so it is necessary to have constant monitoring and evaluation, so that this is an effective strategy for the company.
Answer:
New price = $108
Explanation:
Given:
Old price for cleaning = $120
New discount rate = 10% = 10 / 100 = 0.1
Computation of new price for cleaning:
New price = Old price for cleaning (1-New discount rate)
New price = 120 (1-0.1)
New price = 120 (1-0.1)
New price = $108
Journal entry
Date Account Title and Explanation Debit Credit
Cash A/c Dr. $108
Service Revenue A/c $108
(Being amount received from cleaning)
