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3 years ago

Which C of the four C’s of marketing associates with the promotion element of the marketing mix?

1 answer:

7 0

The 4 C's of the marketing mix are: consumer wants and needs/value, cost, convenience, and communication. Communication is the aspect that aligns with promotion when relating the 4 C's to the 4 P'S of marketing. When you promote a product you are using commication to get the product promoted to the consumer. You need to be able to reach your audience so that you can actively promote the production. To communicate you need to have your information together, know how to tailor your pitch, and make sure your audience connects with you and your product.

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Issued $25,000 of QCI stock for cash. Incurred $600 of utilities costs this month and will pay them next month. Incurred and pai

Natali5045456 [20]

Answer:

a.Dr Cash 25,000

Cr Common Stock 25,000

b. Dr Utilities expense 600

Cr Utilities payable 600

c. Dr Wages expense 2,000

Cr Cash 2,000

d. Dr Account receivable 2,800

Cr Service revenue 2,800

e. Dr Repairs expense 150

Cr Cash 150

B. $50

Explanation:

Preparation of Journal entries

a. Based on the information given we were told that the amount of $25,000 of QCI stock for cash was issued which means that the Journal entry will be :

Dr Cash 25,000

Cr Common Stock 25,000

b. Based on the information given we were told that they Incurred the amount of $600 of utilities costs which means that the Journal entry will be :

Dr Utilities expense 600

Cr Utilities payable 600

c. Based on the information given we were told that the company Incurred and as well paid wages totaling the amount of $2,000 which means that the Journal entry will be :

Dr Wages expense 2,000

Cr Cash 2,000

d. Based on the information given we were told that the company Performed cleaning services that cost $2,800 which means that the Journal entry will be:

Dr Account receivable 2,800

Cr Service revenue 2,800

e. Based on the information given we were told that the Cleaners’s equipment was repaired at the amount of $150 which means that the Journal entry will be :

Dr Repairs expense 150

Cr Cash 150

2) Calculation for the Net income

Net income = 2,800-2,000-150-600

Net income = $50

Therefore net income will be $50

8 0

3 years ago

Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm will raise the $1,708,000 in c

Anna35 [415]

Answer:

11.06%

Explanation:

Calculation to determine What will be the WACC for this project

First step is to calculate the Weight of Debt

Weight of Debt = $750,000 / $1,708,000

Weight of Debt = 0.4391

Second step is to calculate the Weight of Preferred Stock

Weight of Preferred Stock = $78,000 / $1,708,000

Weight of Preferred Stock = 0.0457

Third step is to calculate the Weight of Equity

Weight of Equity = $880,000 / $1,708,000

Weight of Equity = 0.5152

Fourth step is to calculate After Tax Cost of Debt

After Tax Cost of Debt = 11.1% * (1 – 0.40)

After Tax Cost of Debt = 6.66%

Now let calculate WACC using this formula

WACC = (Weight of Debt * After Tax Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Equity * Cost of Equity)

Let plug in the formula

WACC = (0.4391 * 0.0666) + (0.0457 * 0.1220) + (0.5152 * 0.1470)

WACC = 0.02924406+0.0055754+0.0757344

WACC =0.1106*100

WACC =11.06%

5 0

2 years ago

Chapter 12 is meant primarily for: A. farmers B. states C. taxing districts D. municipalities

Paul [167]

Chapter 12 is meant primarily for: A. Farmers

3 0

3 years ago

You are scheduled to receive annual payments of $60,000 for each of the next 20 years. The annual rate of return is 8 percent. W

babymother [125]

Answer:

= $ 219,657.43

Explanation:

FV of annuity = P x [(1+r) n -1/r]

P = Periodic payment = $ 20,000

r = Periodic interest rate = 0.08

n = Number of periods = 20

FV = $ 60,000 x [(1+ 0.08)20 -1/0.08]

= $ 60,000 x [(1.08)20 -1/0.08]

= $ 60,000 x [(4.66095714384931 -1)/0.08]

= $ 60,000 x (3.66095714384931/0.08)

= $ 60,000 x 45.7619642981163

= $ 2,745,717.85788698 or $ 2,745,717.86

FV of annuity due =(1+r) x P x [(1+r) n -1/r]

= (1+0.08) x $ 2,745,717.85788698

= 1.08 x $ 2,745,717.85788698

= $ 2,965,375.28651794 or $ 2,965,375.29

Difference in FV of ordinary annuity and annuity due

= $ 2,965,375.29 - $ 2,745,717.86

= $ 219,657.43

3 0

3 years ago

The assumption that in the absence of contrary information a business entity will continue indefinitely is the:

const2013 [10]

Answer:

(D) Going concern assumption.

8 0

3 years ago