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3 years ago

After the planning and implementation phases of strategic marketing process is a phase known as

1 answer:

8 0

The process that follows after the planning and implementation phase is evaluation or control phase in strategic marketing process.

Explanation:

Every plan once after it is implemented, needs a final inspection. This phase does just that.

Once you are done with all your planning and implementation, your marketing team, especially the Manager needs to evaluate your plans and goals.
This process is also widely known as the checking phase. The Manager of the team looks out for the lags and fluctuations in your plans.
There are a few ways by which you can evaluate the efficacy of your goals, you can either move strategically or tactically. You could also have small breakthroughs on your way which helps with the motivation.

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On January 1, 2016, Hackman Corporation issued $1,400,000 face value 12% bonds dated January 1, 2016, for $1,423,060. The bonds

krok68 [10]

Answer:

(a) Bond issuance:

Debit Cash $1,423,060

Credit Bonds payable $1,400,000

Credit Premium on bond payable $23,060

(To record bond issuance)

(b) June 20 interest payment

Debit Interest expense (balancing figure) $81,694

Debit Premium on bond payable $2,306

Credit Cash $84,000

(To record first interest payment - June 30)

(c) December 31 interest payment

Debit Interest expense (balancing figure) $81,694

Debit Premium on bond payable $2,306

Credit Cash $84,000

(To record first interest payment - December 31 )

Explanation:

A bond is a long-term promissory note issued by a company in order to borrow from investors to fund its business operations.

Calculation of the interest expense:

Premium on bonds payable (balancing figure) = $23,060

Number of periods = 5 years x 2 = 10 periods

Amortization of premium on bond payable = $23,060 / 10 periods = $2,306

Calculation of the cash proceed:

Cash = Face value of bond x contractual interest x Time period

Cash = $1,400,000 x 12% x 6 / 12 = $84,000 (see the journals above)

4 0

3 years ago

Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a

riadik2000 [5.3K]

Solution:

Instructions Journalize the April transactions:

Date Account Titles and Explanation

4/30 Work in Process—Cooking

Work in Process—Canning

Raw Materials Inventory

4/30 Work in Process—Cooking

Work in Process—Canning

Factory Labor

4/30 Work in Process—Cooking

Work in Process—Canning

Manufacturing Overhead

4/30 Work in Process—Canning

Work in Process—Cooking

Cooking and out the debits

Debit Credit

22,800

10,900 33,700

9,400

7,230 16,630

33,800

28,100 61,900

55,900

6 0

3 years ago

If a local diner can sell 50 burgers per day at a price of $5 each, but must reduce the menu price to $4.95 to sell one more bur

wolverine [178]

Answer:

$2.45

Explanation:

The formula to compute the marginal revenue is shown below:

Marginal revenue = Change in total revenue ÷ Change in number of quantity sold

where,

Change in total revenue would be

50 burgers × $5 = $250

51 burgers × $4.95 = $252.45

So, the change in total revenue is

= $252.45 - $250

= $2.45

And, the change in number of quantity sold is

= 51 burgers - 50 burgers

= 1

So, the marginal revenue is

= $2.45 ÷ 1

= $2.45

4 0

3 years ago

What are some Financial sources that are NOT reliable! plz help i will give 19 to the brainilest

Aleksandr-060686 [28]

Answer: See on how dependent on advertising a publication is.

Explanation:

8 0

2 years ago

Read 2 more answers

Equity method for stock investment Obj. 3 Show Me How icon At a total cost of $5,600,000, Herrera Corporation acquired 280,000 s

marusya05 [52]

Answer and Explanation:

The journal entries are shown below:

1 Investment in Tran Corp $210,000

To Investment Income (280,000 ÷ 800,000 × $600,000) $210,000

(Being the investment in Tran corp. is recorded)

For recording this we debited the investment in tran corp as it increased the assets and credited the investment income as it also increased the revenue

2 Cash (280,000 × $0.50) $140,000

To Investment in Tran Corp $140,000

(Being the payment of cash dividend is recorded)

For recording this we debited the cash as it increased the assets and credited the investment in tran corp as it decreased the assets

(B) The equity method is appropriate as the Herrera owns 35% which come from

= $280,000 ÷ $800,000

= 35%

And it can be exercised when there is a significant influence or effect over the investor

6 0

3 years ago