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agasfer [191]
3 years ago
6

Reminder advertising is primarily used to

Business
1 answer:
Dvinal [7]3 years ago
3 0
Reminder advertising is primarily used to send with the objective of reminding a target about a product or a service or of introducing a new theme
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Powell Company began the Year 2 accounting period with $20,000 cash, $60,400 inventory, $48,600 common stock, and $31,800 retain
jekas [21]

Answer:

Explanation:

1

Dr Accounts Receivable  74600                    

   Cr Sales Revenue   74600                  

Dr Cost of Goods Sold   37900                    

    Cr  Inventory     37900                  

2

Dr Freight Out  310                    

   Cr Cash     310                  

3

Dr Sales Revenue   3880                    

   Cr Accounts Receivable   3880

Dr Inventory    1910                    

 Cr Cost of Goods Sold    1910                  

4

Dr Sales Revenue   1160                    

   Cr Accounts Receivable    1160                  

5

Dr Cash   53300                    

   Cr Accounts Receivable A/c   53300                  

3 0
3 years ago
Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers and sold 8,000 coffee makers during the month of
VladimirAG [237]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= 8,000 units

Total cost= $612,500.

Selling price= $100.

Selling costs:

commissions equal to 5% of the sales

other selling expense of $45,000.

Administrative expense totaled $47,500

<u>Income statement:</u>

Sales revenue= (8,000*100)= 800,000 100%

COGS= (612,500)  76.56%

Gross profit= 187,500

commissions= 0.05*800,000= (40,000) 5%

other selling expense= (45,000) 5.63%

Administrative expense= (47,500) 5.94%

Net operating income= 55,000 6.87%

3 0
3 years ago
In the short run or in shorter time periods supply curves tend to:_______
svlad2 [7]

Answer:

b) be more inelastic than supply curves that apply to longer periods of time.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply. In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

In the short run or in shorter time periods supply curves tend to be more inelastic than supply curves that apply to longer periods of time.

This ultimately implies that, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price), in the short run.

However, in the long-run or in longer time periods, supply curves tend to be fairly elastic than supply curves that apply to shorter periods of time.

3 0
3 years ago
Which of the following is NOT a benefit of using a budget?
vagabundo [1.1K]
Help earning more money than you currently make. A budget does not do that for you, that is dependent upon your job.
6 0
3 years ago
Read 2 more answers
How much would howard steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a ra
mojhsa [17]
The present value of money, P, and the annuity can be related through the equation,
 
     P = A x ((1 - (1 + r)⁻ⁿ) / r)

where A is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values to the equation,

   P = (12,000) x ((1 - (1 + 0.08)⁻²⁰) / 0.08)

    P = $117,817.77

<em>ANSWER: $117,817.77</em>
6 0
3 years ago
Read 2 more answers
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