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Oduvanchick [21]
3 years ago
9

Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $490,000. In addition to the purchase price, FVI makes the followi

ng expenditures related to the acquisition: broker's commission, $29,000; title insurance, $1,900; and miscellaneous closing costs, $6,000. The warehouse is immediately demolished at a cost of $29,000 in anticipation of building a new warehouse. Determine the amount FVI should record as the cost of the land.
Business
1 answer:
Airida [17]3 years ago
4 0

Answer:

$555,900

Explanation:

To determine the FVI amount that should be recorded, all closing costs must be added to the initial purchase price of the land

∴ = $490,000 + $29,000 + $1,900 + $6,000 + $29, 000

 =$555,900.

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Question 511 pts Advertising, personal selling, publicity, and sales promotion are collectively known as the Group of answer cho
mars1129 [50]

Advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.

<h3>What is the promotion mix?</h3>
  • To achieve a given marketing goal, a promotional mix is a combination of marketing strategies such as advertising, sales, public relations, and direct marketing.
  • Typically, the promotional mix is merely one component of a bigger marketing mix.
  • A promotion mix is an important strategy for delivering a relevant promotion message to each segment via the most appropriate channel.
  • Improves client communication.
  • Companies create a promotion mix in an attempt to speak their customers' language.
  • When properly prepared, it aids in the development of trust between the brand and its clients.

Therefore, advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.

Know more about the promotion mix here:

brainly.com/question/15496841

#SPJ4

Correct question:

Advertising, personal selling, publicity, and sales promotion are collectively known as the:

(A) product mix.

(B) distribution channels.

(C) promotion mix.

(D) marketing channels.

(E) product strategy.

6 0
1 year ago
Decathlon Corp., a sports shoe manufacturer, launches a new line of sports shoes. To promote the product, Decathlon Corp. invite
mina [271]

Answer:

Experiential marketing

Explanation:

Experiential marketing is based on the idea that customers will decide to buy a product based on their experiences with the product or similar products. This way, Decathlon's consumers can use the shoes and if they like them they will keep them and probably buy another pair or two. This marketing strategy is widely used by websites that offer the first month service for free.

7 0
3 years ago
Becky had net credit sales in 2020 of $2,000,000. At December 31, 2020, before adjusting entries, the balances in selected accou
denpristay [2]

Answer:

Following Becky's estimation, the bad debt expense must be equal than the 8% of the total credit, less the value already booked in the balance sheet accounts (doubtful accounts).

Explanation:

In this case, 2,000,000*8%=160,000. Then this 160,000 must be subtracted to 2,200 (160,000-2,200=157,800). Finally, the bad debt expense to be reported is $157,800

3 0
3 years ago
Company A has 279,000 basic shares outstanding and 26,000 outstanding options and warrants. The exercise price of these options
lesya [120]

Answer:

c. 342,000

Explanation:

Missing question and Multiple Option <em>" & if-converted methods?  305,000, 292,000, 342,000, 345,333"</em>

<em />

Proceeds expected if option are exercised = No of outstanding options and warrants * Per share exercise price

Proceeds expected if option are exercised = 26,000 * $3.75

Proceeds expected if option are exercised = $97,500

Number of treasury shares expected to be purchased = Proceeds expected if option are exercised  / Average market price per share

Number of treasury shares expected to be purchased = $97,500 / $7.50

Number of treasury shares expected to be purchased = $13,000

Number of new shares issued if conversion is effected = Amount of convertible bonds reported / Effective conversion price per share

Number of new shares issued if conversion is effected = $200,000 / $4

Number of new shares issued if conversion is effected = 50,000

Calculation of the Diluted Share Outstanding

Number of basic shares outstanding                                   279,000

Add: Number of new shares through options                     26,000

Add: Number of new shares through conversion issued   50,000

Less: Number of treasury shares to be purchased             <u>(13,000)  </u>

Diluted Share Outstanding                                                   <u>342,000</u>

8 0
2 years ago
When demand is unit elastic, price elasticity of demand equals a. 1, and total revenue and price move in the same direction. b.
yawa3891 [41]

Answer:

a. 1, and total revenue and price move in the same direction

Explanation:

Unit elasticity of demand is when a change in price leads to a proportional change in quantity demanded.

A good has a unit elastic demand when its coefficient of elasticity is equal to one.

If price increases by 20% , quantity demanded falls by 20%.

If price falls by 20%, quantity demanded increases by 20%.

I hope my answer helps you.

4 0
3 years ago
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