Answer:
<em><u>Nike Marketing Strategy
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Pros: Nike is a brand that is knew for the excellence of their products. They Usually are the most expensive because they are used by athletes that are top performers in their field such as: Radamel Falcao Garcia, Tiger Goods, Roger Federer, Serena Williams and LeBron James.
Cons: The Marketing strategy of Nike results costly as the athletes that are contracted to do campaigns ask for costly contracts.
Risk: The increasing number of competitors that Nike must face.
<em><u>Being Adidas and Competing with Nike
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To compete with Nike it’s tough for Adidas as the Brand Nike is recognize as a top-quality product. I think that the best way for Adidas to compete against Nike is to mix the sponsorship of high-performance athletes while reducing the price of their products. Then Adidas would be the most reasonable option when choosing sportswear.
Answer: When a market price allocates resources, everyone who is able to pay the price gets the resource.
Explanation:
The market allocates prices to goods and services based on the scarcity of the said goods and services. This means that regardless of how scarce a good is, you can get it if you are willing to pay the price that it is being offered at.
For instance, if the price of tomatoes suddenly went up from $4 to $12 per pack, it means that tomatoes are now more scarce and not many people can afford it. If you can afford that $12 however, you will be able to get the tomatoes despite how scarce it is.
File managment is very important today it is not so much paper files but eletronic an example of this would be electronic medical records
Answer:
$4,800 each
Explanation:
The computation of the depreciation expense for the first two year under the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($120,000 - $0) ÷ (25 years)
= ($120,000) ÷ (25 years)
= $4,800
In this method, the depreciation is same for all the remaining useful life
Hence, the depreciation of $4,800 is to be charged separately for each year
Answer:
Bad debts expense and estimates 800
Allowance for Doubtful Accts 800
Allowance for Doubtful Accts 650
Accounts receivable account 650
Explanation:
A=Credit sales 40000
B=Percent-of-sales method to account for bad debts expense and estimates 2%
Bad debts expense and estimates = AxB
=40000x2%
=800
You must remember to register the writte off. $650.