1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bagirrra123 [75]
3 years ago
6

Outdoor Experiences, Inc. sells a tent that collapses down into a roll that is as big as a roll of toilet paper. The tent can be

easily carried in a backpack. The tent has been in the market for two years, and the compnay is spending a lot on advertising to stimulate selective demand. The tent is in which stage of the product life cycle?
Business
1 answer:
Margarita [4]3 years ago
4 0

Answer:

The answer is: Growth stage

Explanation:

A product´s life cycle is usually divided into four stages:

  1. introduction: the product enters the market, usually a substantial investment on marketing is needed
  2. growth: if the product "survived" and started to sell then actions are necessary to make its demand and production grow. Usually a lot of spending in advertising is required at this stage.
  3. maturity: Costs of marketing and production decline while the sales levels reach a maximum level.
  4. decline: product´s sales and market share start to decline

The collapsible tent would be entering stage two of the product cycle.

You might be interested in
On December 31, 2017, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative
Svetllana [295]

Answer

The answer and procedures of the exercise are attached in the image below.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

7 0
3 years ago
Winter is coming, so Sasha decides to buy new outdoor gear. She has a coupon good for 25% off. She buys a coat with an original
Alexxx [7]

Answer:

b. Boots

Explanation:

71.99/4=17.9975 $17.9975 rounded to $18.00

$71.99-$18.00=$53.99

$53.99+$85.75+$24.25+$44.95=$208.94

8 0
2 years ago
The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment
zysi [14]

Answer:

(a) $921,100

(b) $643,500

(c) $567,700

Explanation:

(a) Cost of goods sold:

= Sales - Gross profit

= $1,261,800 - $340,700

= $921,100

(b) Direct Material Cost:

= Materials purchased - Indirect materials - Materials inventory

= $643,500 - $46,700 - $46,700

= $643,500

(c) Direct labor cost:

= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

= $1,393,000 - $643,500 - $181,800

= $567,700

5 0
3 years ago
A media buyer places an ad for a new range of wines in four different magazines. The first magazine provides roughly 3,600,000 e
andrey2020 [161]

Answer:

Gross impressions

Explanation:

It sum up the total number of the audience (impressions) that the new range of wines reaches.

5 0
2 years ago
The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company's fiscal year, contain
devlian [24]

The preparation of the multi step income statement is shown below

                              Pacific Scientific Corporation

                               Multi - step income statement

                                       On December, 2021

Sales revenues  $2,106

Less: Cost of goods sold -$1,240

Gross profit  $866

Operating expenses

Less: Selling expenses -$126

Less: General and administrative expense -$105

Total operating expenses -$231

Operations income  $635

Non operating and other items

Interest expenses -$40

Gain on sale of investment $45

Total non operating $5

Earning before taxes  $640

Less- Income tax expense at 30%  -$160

Net income   $480

8 0
3 years ago
Other questions:
  • occurs in markets with a high concentration of sellers. Any price offered by one company will be matched by its competitors in o
    10·1 answer
  • The following information is available for Ivanhoe Company for 2017. Cash used to purchase treasury stock $ 167,388 Cash dividen
    11·1 answer
  • Communicating effectively, showing a sense of teamwork, and being a good negotiator are all ways to demonstrate which component
    6·1 answer
  • While working at a clothing store, rachel was asked by a customer if they had any "fresh" clothes. rachel remarked that this sto
    11·1 answer
  • Through its ________ program, the SBA oversees about 11,500 volunteers with international trade experience to provide one-on-one
    13·1 answer
  • $17,200 is invested, part at 6% and the rest at 2%. If the interest earned from the amount invested at 6% exceeds the interest e
    13·1 answer
  • Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni
    10·1 answer
  • The difference between the revenues taken in by a business and the costs of operating the business is called
    9·1 answer
  • A tax on the amount of money a person earns in a year is a(n)
    6·2 answers
  • What happens when a single seller market develops into a competitive market?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!