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sattari [20]
3 years ago
5

You probably own several pairs of blue jeans. Further, it is highly likely you purchased those jeans at retail stores located in

a shopping mall. It is quite unlikely you bought the jeans directly from the manufacturer. In fact, most goods are brought to you via a(n) _____, which consists of several organizations involved in the process of marketing products or services and making them available for our use as consumers.
Business
2 answers:
grandymaker [24]3 years ago
5 0

Answer:

Marketing channel

Explanation:

Marketing channel can be defined as a business strategy which consists of several organizations involved in the process of marketing products or services and making them available for our use as consumers.

It avails consumers the opportunity of buying only from the retailers and not directly from the manufacturer.

Elan Coil [88]3 years ago
4 0

Answer:

Marketing channel

Explanation:

Marketing channels are the different ways in which goods and services are made available to potential customers.

Marketing channels describes the process in which goods and services are transported from the point of manufacturing to the point of consumption.

Marketing channels ensures that the goods are moved from the producer to the consumer, this is achievable through the function of the middle men( wholesalers and retailers).

Marketing channel bridges the gap that exists between the manufacturer of a particular product and the end consumer of the product.

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The owner of a bicycle repair shop forecasts revenues of $160,000 a year. Variable costs will be $50,000, and rental costs for t
Roman55 [17]

Answer and Explanation:

The preparation of the income statement is presented below:

<u>Particulars        Amount </u>

Revenue           $160,000

Less:

Rental Costs       $30,000

Variable Costs     $50,000

Depreciation       $10,000

Profit before tax $70,000

Tax at 35%     -$24,500

Net Income     $45,500

Hence, the net income is $45,500

6 0
2 years ago
Cruella Inc. owns 85% of Horace Co. During 20X9, Cruella sells goods to Horace with a 25% gross profit. Horace sold all of these
vovangra [49]

Answer:

Option A is the correct answer,no adjustment is needed.

Explanation:

When related companies sell to each other,the sales transaction is not sales in actual sense,as it is likened to the left hand of an individual exchanging cash with the right hand,in other words, the cash is still owned by the same person.

The same concept is applicable to subsidiaries and parent,the sales recorded from a group perspective is when they sold to external third parties.

When sales happen between related companies, a provision for unrealized profits has to be made to the tune of inventory purchased from related companies  not yet sold externally,as the whole of the goods have been to third parties, no such provision or adjustment is required.

4 0
3 years ago
Read 2 more answers
g: Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement
madam [21]

Answer:

Total contribution margin= $59,800

Explanation:

Giving the following information:

Unitary selling price= 155,400 / 4,200= $37

Unitary variable cost= 100,800 / 4,200= $24

<u>To calculate the total contribution margin, we need to use the following formula:</u>

Total contribution margin= units sold*(selling price - unitary variable cost)

Total contribution margin= 4,600*(37 - 24)

Total contribution margin= $59,800

6 0
2 years ago
Sheila and Vickie are sisters who enter into a contract to buy a vacation property. The sisters get into a dispute, and Vickie n
Pie

Answer:

The correct answer is Novation.

Explanation:

Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.

Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.

3 0
3 years ago
Consumers experience ______ marginal utility the more they consume of a particular good or service.
kifflom [539]

<u>Answer:</u>

less

<u>Explanation:</u>

The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.

4 0
2 years ago
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