<span>The 4Ps of marketing are Price, Product, Promotion, and Place. The 4Ps of marketing is also called the marketing mix in marketing procedure. It is the group of control, tactics and marketing tools that a company used to achieve their their product goal. It is a combination of everything that a company can do to influence demand for its product.Hope it helps.</span>
Answer:
Gross profit = net sales revenue - cost of goods sold. But what happens when your company doesn't sell any goods, specially if they only sell services and it is impossible to determine the COGS.
This is basically an accounting issue since the <u>IRS</u> defines COGS as:
- <em>The cost of products or raw materials, including freight </em>
- <em>Storage
</em>
- <em>Direct labor costs (including contributions to pensions or annuity plans) for workers who produce the products
</em>
- <em>Factory overhead the cost of inventory items sold </em>
So if your company doesn't sell any items from inventory, the IRS will not consider that your company incurred in COGS.
Reporting COGS is very useful for deducting business expenses, but it is not mandatory. Also, any expenses deducted as COGS cannot be deducted again as any other type of cost. So it is simply an accounting practice that helps certain industries to report their business expenses more clearly and in an orderly manner. But if it is too complicated to determine your company's COGS, then you can report your expenses in other ways and reduce your problems.
Answer:
Net cash flow will be $117200
Explanation:
We have given net income = $142000
Account receivable = $2500
And account payable = $18500
So increase in account receivable = $25000 - $18500 = $6500
Ending balance in account is $30500 and $12200
So decrease in account payable = $30500-$1200 = $18300
Now we have to fond the cash flow
So cash flow = $142000 - $6500 - $18300 = $117200
Answer:
(10.5, 5.5)
Explanation:
There is a formula for calculating the midpoint of two points.
How do we plug the two points into this formula?
(9, 6), (12,5)
<em>9 is x1</em>
<em>6 is y1</em>
<em>12 is x2</em>
<em>5 is y2</em>
This means, when we plug these numbers into the formula... it looks like this:
When we evaluate the new X coordinate of our midpoint:
(9 + 12) / 2 = 10.5
And when we evaluate the new Y coordinate of our midpoint:
(6 + 5) / 2 = 5.5
<em>The final answer is (10.5, 5.5)</em>
States all have different laws that govern the amount that companies can increase prices during an emergency. For example, California limits the emergency pricing to 10% above the pre-emergency rate.
