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love history [14]
3 years ago
12

The Market Section of a marketing plan contains all of the following subsections except ________.

Business
1 answer:
Makovka662 [10]3 years ago
8 0

Answer:

(b.) Collaborators

Explanation:

A Marketing Plan is a layout which states marketing and advertising strategies a firm shall follow in the near future in regard to it's products. It is intended to guide the firm in respect of it's marketing strategies and the areas wherein it needs to focus.

A typical marketing plan comprises of following sections:

  1. Customer i.e which customers are targeted for the product
  2. Business Climate relates to the environmental uncertainties and dynamics.
  3. Marketing Strategy, which means the course the firm is going to take or the way and how it plans to market and advertise it's products.
  4. Competitors means the expected move of the competitors and their past reaction trends to the firm's own strategies. This is one of the determinants of a firm's own strategy.
  5. Market Analysis which relates to market size and market segmentation.

Thus, the market section of a marketing plan usually excludes the subsection of collaborators.

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Pick the TRUE statement: A. Investors (stockholders) and potential investors are mainly interested in a company's liquidity rati
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Answer:B

Explanation:

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On April 1, 2019, a company paid the $1,350 premium on a three-year insurance policy with benefits beginning on that date. What
emmainna [20.7K]

Answer:

The insurance expense on the annual income statement for the year ended December 31, 2019 will be D. $337.50

Explanation:

The company paid the $1,350 premium on a three-year insurance policy.

The insurance expense per year = $1,350/3 = $450

From April 1, 2019 to December 31, 2019, the company had bought the insurance for 9 months.

The insurance expense on the annual income statement for the year ended December 31, 2019 = $450/12x9 = $337.5

6 0
2 years ago
Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receiva
jekas [21]

Answer:

d. 108 days

Explanation:

Average Inventory = (Beginning balance + Ending balance) / 2

Average Inventory = ($139,000 + $158,000) / 2

Average Inventory = $297,000 / 2

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Inventory Turnover ratio = Cost of goods sold / Average Inventory

Inventory Turnover ratio =  $501,000 / $148,500

Inventory Turnover ratio = 3.37 times

Average days to sell inventory = Days in a year / Inventory Turnover ratio

Average days to sell inventory = 365 days / 3.37 times

Average days to sell inventory = 108.31 days

8 0
2 years ago
The following accounting data is used for questions 8 and 9:
ikadub [295]

Answer:

Explanation:

Walsh’s percentage invested in inventory is closest to the result of the amount invested in inventory divided by the total asset then expressed as a percentage.

Mathematically,

percentage invested in inventory = Inventory balance/ total assets * 100%

This is

= $530,000/$1,170,000 * 100%

= 45.3%

6 0
3 years ago
Sea Company reports the following information regarding its production costs: Units produced 54,000 units Direct labor $ 47 per
Elodia [21]

Answer:

Total unitary cost= $118.5

Explanation:

Giving the following information:

Units produced 54,000 units

Direct labor $47 per unit

Direct materials $40 per unit

Variable overhead $29 per unit

Fixed overhead $ 135,000

Under absorption costing, the unitary production cost is calculated using the direct material, direct labor, and total unitary overhead (including fixed overhead).

Unitary cost= direct material + direct labor + unitary variable overhead + unitary fixed overhead

Unitary fixed overhead= 135,000/54,000= $2.5 per unit

Total unitary cost= 47 + 40 + 29 + 2.5= $118.5

4 0
3 years ago
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