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svp [43]
3 years ago
13

Select the correct answers. Which strategy would be most suitable for a company at the maturity stage of its product life cycle?

A. discontinue the product B. work on developing awareness about the product C. develop an aggressive advertising campaign D. introduce line extensions E. decrease the product price
Business
1 answer:
Dvinal [7]3 years ago
6 0

Answer:

B

Explanation:

when creating awareness via advertising about certain product it help the public to keep anticipating about one's product

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Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
Gala2k [10]

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Last year, Company X paid out a total of $1,050,000 in salaries to its 21 employees. If no employee earned a salary that is more
slamgirl [31]

Answer:

$42,000

Explanation:

Let L be the lowest possible salary;

the maximum salary would be (L x 20%) + L = 1.2L

If we want to determine the minimum value for L, we need to assume that everyone else earns the maximum salary: 20 employees earn 1.2L each

L + 20(1.2L) = 1050000

L + 24L = 1050000

25L = 1050000

L = 42000

4 0
3 years ago
What is the difference between buying shares of stock and buying bonds
Alex73 [517]

Answer:

See explanation section

Explanation:

The difference between buying shares and buying bonds are as follows:

1. Buying stock gives a person to own the company while buying a bond that provides a person to become a debt-holder of the company who can receive interest and get the entire amount in the future.

2. Purchasing stock gives an individual the voting right to elect the board of directors of a company. Buying bonds does not give voting rights to the bondholders.

3. Stock owners can receive the profit in the name of dividends. Bondholders do not receive any profit. Instead, they receive interest annually.

7 0
3 years ago
Blossom Company began operations in 2020 and determined its ending inventory at cost and at LCNRV at December 31, 2020, and Dece
Nat2105 [25]

Explanation:

The journal entries are as follows

On December 31, 2020

Cost of goods sold $24,650

      To Allowance for reduction in inventory to NRV $24,650

(Being the cost of goods sold is recorded)

It is computed below:

= $379,880 - $355,230

= $24,650

On December 31, 2021

Allowance for reduction in inventory to NRV $3,640

             To Cost of goods sold $3,640

(Being the allowance for reduction is recorded)

It is computed below:

= $24,650 - ($445,440 - $424,430)

= $24,650 - $21,010

= $3,640

6 0
3 years ago
The transportation service characteristic that refers to the ability of the transportation provider to move freight between a sp
blagie [28]
<span>The transportation service characteristic that refers to the ability of the transportation provider to move freight between a specific origin and a destination is called</span>
accessibility
7 0
3 years ago
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