Answer:
X = 32
Y = 96
Explanation:
Z = 5%
Z = (0.04X + 0.08Y) / (X + Y)
we can substitute Z:
0.05 = (0.04X + 0.08Y) / (X + Y)
0.05 (X + Y) = 0.04X + 0.08Y
0.05X + 0.05Y = 0.04X + 0.08Y
0.01X = 0.03Y
X = 0.03Y / 0.01 = 3Y
This means that we must choose one value for Y that divided by 3 equals another option:
the only possibility that fits the equation is:
Answer:
$30,000
Explanation:
The computation of the royalty revenue reported is shown below:
= Patent-related sales for the year × given percentage
= $300,000 × 10%
= $30,000
The revenue is recognized when it is earned or realized so only $30,000 is to be reported as the royalty revenue
The remaining amount i.e $20,000 would be treated as an unearned royalty revenue
Answer:
Sales promotion is a marketing strategy where the product is promoted using short-term attractive initiatives to stimulate its demand and increase its sales.
This strategy is usually brought to use in the following cases
to introduce new products,
sell out existing inventories,
attract more customers, and
to lift sales temporarily.
Because they didn't know how to write their name and an X was easy. :)
