Answer:
<em>Designing and implementing marketing mixes</em>
Explanation:
<em>Once developing a business strategy, a company should first recognize the positions of the product, location, promotion and price. The Marketing Mix is more commonly known as the mixture of the four Ps.</em>
Wesley Electronics Inc. team using plenty of effort to target its audience., using the marketing mix.
The marketing mix is a collection of variables which a business may monitor to manipulate potential clients. This method represents a crucial initial phase to any marketing plan that guides the strategy of the client.
A mix of all four P's needs to strike a balance and work together to replicate one target audience.
Gross Profit = $145000
It can be solved with two methods one is by making reverse Income Statement or with the use of equations
<u>Net Income 29500</u>
Income Tax Expense 52500
Other expenses:
Loss from sale of investment 93000
Interest Expense 85000
<u>Income from Operations 260000</u>
Operating expenses 405000
<u>Gross Profit 145000</u>
Net sales 1200000
What is Gross Profit?
Gross profit is determined by deducting opening stock, purchase and direct expenses from sales and closing stock. It can also be determined by deducting cost of goods from sales.
GROSS PROFIT = Sales - Direct expenses
The sale value of your goods less the cost of manufacturing it is your gross profit. It's the sale price of your services less the cost of a time it took to complete the task for a service-based business. Total sales (sometimes referred as the revenue or turnover) less the total cost of goods sold is another term for gross profit.
To know more about gross profit refer
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Answer: False
Explanation:
Classification shifting is a method used whereby the core earnings are manipulated by misclassifying the items in the income statement.
One way that managers make use of classification shifting is by reporting the operating expenses for the business as nonoperating expenses. This is usually done in order to inflate the operating income.
The statement in the question is false as classification shifting by managers doesn't lead to under-reporting of total expenses and over-statement of bottom-line net income rather it lead to over reporting.
Answer:
$500 loss
Explanation:
Since you purchased a call contract for IBM stock, you had the option to buy IBM stock at a specified price ($125) within a specified time (?). The problem is that the price of your call contract was higher than the market price at that specific date. Obviously you will not exercise your option in order to limit your losses.
long call profit = Max [0, (current stock price - strike price) x number of shares] - premium paid)
where:
- current stock price = $123
- strike price = $125
- number of shares = 100
- premium paid = $5 x 100 = $500
long call profit = Max [0, ($123 - $125)(100)] - $500 = -$500
Answer: Business intelligence
Explanation: Business intelligence involves the use of analytic methods and technologies to process business information in order to get more positive results from a business.
The information used to carry out this process of analysis can be gotten from within the business or sourced from outside, depending on what needs to be checked.
