Answer:
A. $816,000
Explanation:
The formula to compute the net sales is shown below:
= Total sales - sales returned
where,
Sales returned = Total sales × sales return percentage
= $850,000 × 4%
= $34,000
And, the total sales is $850,000
Now put these values to the above formula
So, the value would equal to
= $850,000 - $34,000
= $816,000
Answer:
4. Your house - MONEY IS THE MOST LIQUID ASSET THAT CAN EXIST
2. The funds in a savings account - MOST SAVINGS ACCOUNTS ALLOW THEIR CLIENTS A CERTAIN NUMBER OF WITHDRAWALS OR ELECTRONIC TRANSFERS PER MONTH, SO MONEY AT A SAVINGS ACCOUNT IS ALSO VERY LIQUID.
1. A bond issued by a publicly traded company - THE COMPLETE PROCESS OF SELLING A BOND MAY TAKE FROM ONE FULL DAY TO A FEW DAYS, SINCE FIRST YOUR TRADER MUST SELL THE BOND AND THEN THEY MUST TRANSFER THE MONEY TO YOUR ACCOUNT. STILL BONDS ARE LIQUID ASSETS.
4. Your house - SELLING A HOUSE IS A LONG PROCESS THAT CAN TAKE A FEW DAYS (AT BEST) TO SEVERAL MONTHS, SO A HOUSE IS NOT A VERY LIQUID ASSET.
<u>Explanation:</u>
<em>Remember,</em> the term 'marketing', could be defined in general terms as the activities carried out by a company (non-profit or for-profit) in other to promote their cause (which can be their products or services).
For example, unlike a for-profit company which may have a marketing goal of achieving a set amount of sales in the first half of the year, a non-profit on the other hand may have a marketing goal of raising the needed amount to fund their school feeding program.
Also, in terms of strategies used, while a for-profit company may use paid marketers, a non-profit may solicit the help of volunteers.
Answer:
Net income <u> 26,000</u>
Explanation:
Absorption costing classifies costs as production cost and non-production costs ( selling and distibution , administration e.t.c)
Income statement using Absorption costing
$
Sales Revenue 2,150,000
Less cost of goods sold
Direct material 960,000
Direct labour cost 420,000
Variable manufacturing 156,000
Fixed manufacturing <u>288,000</u>
production cost (<u> 1,824,000 )</u>
Gross profit 326,000
Selling and distribution
Variable 204,000
Fixed <u>96,000</u>
<u>(300,000) </u>
Net income <u> 26,000</u>
Answer: Market diversification
Explanation: Market diversification is a type of corporate strategy wherein a company acquires or establishes a business other than that of its current product. It means extending business offerings to new market segments that previously were not targeted. Biz Solutions is currently provides customer care service, by seeking to purchase a software that serves the oil and gas industry, it is attempting to diversify its markets.
