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4 years ago

12

Marketing can best be thought of as a(n)?

1 answer:

kvasek [131]4 years ago

8 0

Complete Question:

Marketing can best be thought of as a(n)

Group of answer choices

A. profit

B. activity

C. need

D. process

Answer:

D. Process.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers

Hence, marketing can best be thought of as a process.

Generally, marketing comprises of various activities such as creating, communicating, delivering, and exchange of goods and services for a specific amount of money being paid by the customers.

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On July 1 the Fisher Shoe Store paid $24,000 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was increased for t

Papessa [141]

Answer:

Increase Rent Expense, $4,000; decrease Prepaid Rent, $4,000.

Explanation:

Since Fisher Shoe Store paid $24,000 to Acme Realty for 6 months rent beginning July 1, we will calculate monthly rent amount by:

24,000/6 = $4,000

Financial statements are prepared on July 31, so we will adjust the July rent in the adjusting entry.

We will debit the rent expense by $4,000 and credit the prepaid rent which is an asset to decrease it by an amount of $4,000.

4 0

3 years ago

On July 10, 2020, Pronghorn Music sold CDs to retailers on account and recorded sales revenue of $635,000 (cost $508,000). Prong

mixas84 [53]

Answer:

(a)

Dr Accounts Receivable $635,000

Cr 7/10/2020 Sales Revenue $635,000

Dr Cost of Goods Sold $508,000

Cr Inventory $508,000

(b)

Dr Sales Returns & Allowances $82,700

Cr 10/11/2020.Accounts Receivable $82,700

Dr Returned Inventory $66,160

Cr Cost of Goods Sold $66,160

10/31/2020 No entries are needed as the return period has expired.

Explanation:

(a)

Dr Accounts Receivable $635,000

Cr 7/10/2020 Sales Revenue $635,000

Dr Cost of Goods Sold $508,000

Cr Inventory $508,000

(b)

Dr Sales Returns & Allowances $82,700

Cr 10/11/2020.Accounts Receivable $82,700

Dr Returned Inventory $66,160

Cr Cost of Goods Sold $66,160

($508,000 / $635,000) x $82,700= $66,160

10/31/2020 No entries are needed as the return period has expired.

8 0

3 years ago

Quality Is Free," meaning that the costs of poor quality have been understated, is the work of______.

Mkey [24]

Answer:

The right answer is, C. Philip B. Crosby.

Explanation:

In his contributions to quality management Philip B. Crosby postulated that quality is free, is to meet the requirements of a customer and that also what costs money are things that have no quality.

5 0

4 years ago

Read 2 more answers

Automatic stabilizers smooth fluctuations in the economy because they produce changes in the government's budget that: A. Reinfo

nevsk [136]

Answer:

The correct answer is B. Help offset changes in GDP.

Explanation:

In addition to the discretionary fiscal policies, through which the authorities actively decide to adjust spending or income in response to changes in the economic cycle, the variations that occur in these items must be taken into account without the need for governments Make new decisions. In the latter case, the changes respond to the role of automatic stabilizers.

Automatic stabilizers are those items of public budgets that are automatically altered, hence their denomination, as a result of changes in the level of economic activity. On the income side, it is worth pointing out the main stabilizers are the taxes that tax corporate profits, the income of workers or the consumption of goods and services; On the expense side, unemployment benefits, which support the income of families in times of increased unemployment, are one of the most relevant stabilizers.

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3 years ago

How can I earn money by doing nothing

VashaNatasha [74]

Serve the navy load planes and stuff, then be a manager and quit ur job for like 3 months at a time

continue that for like 20 years and leave.Then wait 4 ur paycheck at the end of the month

live in luxury, moar checks coming

8 0

4 years ago

Read 2 more answers