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tester [92]
3 years ago
5

By using bootstrap marketing strategies (unconventional, low-cost, creative techniques) small companies can get as much "bang" f

or their marketing bucks as their larger rivals.
Business
1 answer:
Marat540 [252]3 years ago
8 0

Answer:

The given statement relates to bootstrap marketing strategies

Explanation:

In simple words, Bootstrap marketing relates to an advertising strategy usually used by entrepreneurs to create a business from the bottom up with little but private money and, luckily, money from the very first sale.

 This method is usually used by start ups for capturing initial market share and with the expertise of an angel investor they can really go for high goals.

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Which of these arrangements allows one to bypass insurable interest laws
Paha777 [63]

Investor-Originated Life Insurance

7 0
2 years ago
Consider a product with a daily demand of 400 units, a setup cost per production run of $100, a holding cost per unit of $24.00,
Sedaia [141]

Answer:

a 1,560 units

b 780 units

c 390 units

d $18,720

e $9,360

Explanation:

Given that;

Production = 292,000

Daily demand , d = 400

Annual demand , D = 400 × 365 = 146,000

Production rate , P = 292,000 ÷ 365 = 800

Set up cost , Cs = $100

Holding cost , Ch = $24

a. What is the production order quantity

= √2 * D * Cs / CH × (p / p - d)

= √ 2 * 146,000 * 100/24 × (800/800-400)

= √1216666.6667 × 2

= √2433333.3334

= 1559.91

=1,560 units approximated.

b. What is the maximum inventory on hand

= EPQ × [ 1 - (d÷p) ]

= 1,560 × [ 1 - (400 ÷ 800) ]

= 1,560 × 0.5

= 780 units

c. What is the average inventory

= Maximum inventory ÷ 2

= 780 ÷ 2

= 390 units

d. What are the total holding costs

= EOQ/2 * Holding cost

= 1,560/2 * 24

= 780 *24

= $18,720

e. What does it cost to manage the inventory

= Holding cost * (Maximum inventory ÷ 2)

= 24 * (780 ÷ 2)

= 24 * 390

= $9,360

8 0
2 years ago
Indicate whether each of the following cash activities would be reported on the statement of cash flows as (a) an operating acti
Tasya [4]

Answer:

Given list of cash activities is divided among operating activities, financing activities and investing activities in the explanation section.

Explanation:

  1. Paid for Advertising                Operating Activity  
  2. Paid for Office Equipment         Investing Activity
  3. Issued Capital Stock                 Financing Activity
  4. Paid officers salaries                 Operating Activity
  5. Sold services                                 Operating Activity
  6. Paid rent :                                       Operating Activity
  7. Paid dividends:                       Financing Activity
  8. Issued a note payable:                 Financing Activity
  9. Paid rent:                                  Operating Activity
  10. Sold excess office equipment: Investing Activity

Operating Activities include cash generated from operations, Interest Paid and Tax Paid.

Investing Activities include payment to acquire or proceeds from sale of property, plant and equipment, proceeds from government grants, interest and dividend received.

Financing Activities include proceeds from issue of shares, proceeds from long term borrowings, dividends paid etc.

4 0
3 years ago
The company allocated manufacturing overhead of using a predetermined overhead rate of per machine hour. The total actual manufa
blagie [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

We weren't provided with enough information to answer, but, I can provide with an example and formulas to guide an answer.

For example:

Estimated overhead for the period= $1,500,000

Estimated machine-hours= 55,000

Actual machine-hours= 62,000

<u>First, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,500,000/55,000

Predetermined manufacturing overhead rate= $27.27

<u>Now, we can allocate overhead based on actual hours:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 27.27*62,000

Allocated MOH= $1,690,740

4 0
3 years ago
Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of
Elodia [21]

Answer:

2.7

Explanation:

The inventory turnover is defined as the ratio between the cost of merchandise sold during the year and the average inventory.

Average inventory can be defined as the mean between initial and ending inventory. The inventory turnover is:

IT=\frac{\$270,000}{\frac{\$110,000+\$90,000}{2} } \\IT=2.7

The inventory turnover ratio is 2.7.

3 0
3 years ago
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