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Ymorist [56]
3 years ago
7

Jeff opened a sporting apparel store and signed a lease on the property. He also signed an agreement with the manufacturer on th

e amount of merchandise he will sell and the promotions he will conduct. Based on this description, which aspect of the marketing mix does he still need to work on?
a. place
b. product
c. prototype
d. promotion
e. price

Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

Price

Explanation:

According to my research on the marketing mix, I can say that based on the information provided within the question the only aspect that Jeff is missing is the Price. He needs to calculate the correct pricing for the product in order for his marketing strategy to succeed. This is the last aspect of the marketing mix since he already has the other three which are place, product, and promotion.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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When the regulator sets a price that a firm cannot exceed over the next few years, the regulator is enforcing:?
Likurg_2 [28]
<span>This is a price cap regulation. Because the firm cannot go over a certain price, the price is said to be capped. Regulations like this prevent firms from overcharging their customers, and promote good business ethics. It may slow the growth of the firm, but the cost comes at the benefit of the customer.</span>
7 0
3 years ago
Petty Cash Fund Murphy, Inc., maintains a balance of $2,200 in its petty cash fund. On December 31, Murphy's petty cash account
Alecsey [184]

Answer: Check attachment

Explanation:

Miscellaneous expenses are the small and infrequent expenses which a business incurs.

Based on the question, the miscellaneous expenses is calculated as:

= $2200 - $223

= $1977

Check the attachment for further details

3 0
4 years ago
Gauge Construction Company is making adjusting entries for the year ended March 31 of the current year. In developing informatio
Natasha_Volkova [10]

Answer:

1. Record the adjusting entry for advertisements at March 31 of the current year.

advertisement expense per month = $3,900 / 6 months = $650

$650 x 3 months = $1,950

Dr Advertising expense 1,950

    Cr Prepaid advertising 1,950

2. Record the adjusting entry for the use of construction equipment during of the current year.

Dr Depreciation expense 42,400

    Cr Accumulated depreciation - equipment 42,400

3. What amount should be reported on the current year's income statement for Advertising Expense?

$1,950

For Depreciation Expense?

$42,400

4. What amount should be reported on the current year's balance sheet for Prepaid Advertising?

$1,950 (= $3,900 - $1,950)

For Construction Equipment (at net book value)?

$358,800 (= $550,000 - $191,200)

Explanation:

Accrual accounting principle states that both revenues and expenses must be recognized during the periods that they effectively occur. They are not necessarily recorded during the periods in which they were collected or paid for.

7 0
3 years ago
Read 2 more answers
Danielle is a very careful shopper, and is keen on maximizing the value of every transaction she makes. She uses coupons wheneve
Marianna [84]

Answer:

C. value consciousness

Explanation:

Value consciousness consumer behavior -

Value consciousness is the consumer purchasing any product based on the quality and characteristics .

Danielle shows a type of value consciousness , as she always purchase items during the sale season , and use coupons where ever possible , as she values money more and tries to save money .

Even she tries to spend on some product or commodity which fell would be good for her family and is worth the money .

4 0
3 years ago
Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts
andre [41]

Answer and Explanation:

The computation is shown below:

Amount Uncollectible is

= $128,500 × 6%

= $7,710

Now the bad debt is

= $7,710 - $905

= $7,105

The adjsuting entry would be

Bad Debt A/c Dr $7,105

       To Allowance for Doubtful Debts $7,105

(being bad debt expense is recorded)

here bad debt expense is debited as it increased the expenses and credited the allowance as it decreased the assets. Also the expenses and assets contains normal debit balance

8 0
3 years ago
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