Answer:
price
Explanation:
Possession utility is the value customers have while buying a product and they have the choice to use the product for the purpose it was made for or finding a new way to use the product.
Buying and selling of anything involves transfer of ownership from one to another. So to be successful in this throat cutting competition one should strategize to make this transfer of possession easy. So possession utility is what lets customer physically asses what they bought.
Answer:
option (b) 9.5%
Explanation:
Data provided in the question:
Loan Amount = $2,000,000
Annual interest rate = 9%
Required compensating balance = $100,000
Now,
Effective interest rate(EIR)
= (loan × Annual interest on loan) ÷ (Loan - Required compensating balance)
= ($2,000,000 × 9% ) ÷ ( $2,000,000 - $100,000 )
= ($2,000,000 × 0.09 ) ÷ ( $1,900,000 )
= 0.0947 ≈ 0.095
or
= 0.095 × 100%
= 9.5%
Hence,
the answer is option (b) 9.5%
Answer:
$1,080,000 asset
Explanation:
Net deferred income taxes = Unused plant facilities disposed * Tax rate = $3,600,000 * 30% = $1,080,000 asset
Therefore, $1,080,000 should be reported as net deferred income taxes on Krause's balance sheet at December 31, 2018.
Answer:
Inventory at the end of march 2008 = 150 units
Explanation:
<em>The closing inventory at the end of a particular period will be opening inventory at the beginning of the following period.</em>
<em>Note that the inventory at the end of March 2008 will be the opening inventory at the beginning of April 2008.</em>
<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>
Production = Sales volume + closing inventory - opening inventory
100 = 50 + 200 - X
X = 50 + 200 -100
X = 150 units
Inventory at the end of march 2008 = 150 units
The answer is promotion.
The four main components of a marketing strategy are product, pricing, location, and promotion, often referred to as the marketing mix or the four P's of marketing. The following four elements of the marketing mix can help a company increase the likelihood that a product will be seen and purchased by customers:
Product; The item or service being offered must meet the needs or wants of the customer.
Price: An item should be offered for sale at a price that is appropriate for consumer expectations, neither too high or too cheap.
Promotion: The public needs to be informed about the product and the features it has to understand how it fills to their needs or the desires.
Place : The location where the product can be purchased is crucial for optimizing the sales.
Therefore, the answer is promotion.
To know more about marketing mix click here:
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