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3 years ago

How has Groupon effectively used personal selling, advertising, and public relations to market its products?

1 answer:

6 0

Groupon effectively uses personal selling, advertising, and public relations to market its products and service by Maintaining a good relationship with the customers by providing easy usage on the application as the customers are convenience. Groupon will effectively use its marketing budget in this campaign to creatively reach consumers and achieve lasting brand loyalty

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Flounder Corporation is preparing a bank reconciliation and has identified the following potential reconciling items.

nikklg [1K]

Answer:

Explanation:

The journal entries are shown below:

a. No entry passed

b. Office expense A/c Dr $38

To Cash $38

(Being bank service charges paid)

c. Cash A/c Dr $32

To Interest revenue $32

(Being interest received)

d. No entry passed

e. Accounts receivable A/c Dr $570

To Cash A/c $570

(Being check returned)

The deposit in transit and outstanding checks should not be recorded. So, no entry is passed.

5 0

3 years ago

The united states is a major trader in ________, the fastest growing segment of world trade.

Mekhanik [1.2K]

The United States is a major trader in <u>SERVICES</u>, the fastest growing segment of world trade.

<h3 /><h3>What does the U.S. trade?</h3>

There are several things that the United States trades with other countries and one of the main ones is services.

Services are the fastest growing segment when it comes to world trade and the United States is a heavy trader of services. Some prominent services include Video and Music media.

Options for this question are:

A. commodities.
B. automobiles.
C. food and beverage
D. Services

Find out more on trading services at brainly.com/question/5376094

#SPJ1

4 0

1 year ago

Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U

scZoUnD [109]

Answer:

a. 24%

b. 12%

Explanation:

Marginal tax rate is an incremental tax rate that is paid out of the taxable income of a tax payer. It represents the rate at which the last unit of dollar of the taxable income is taxed. The marginal rate for each income bracket is supplied by the Internal Revenue Service (IRS).

Chuck Marginal Tax Rate

a) The marginal tax rate for Chuck if he earns additional $40,000 taxable income will be:

= $75,000 + $40,000

= $115,000

Marginal tax rate for $115,000 is 24% according IRS tax rate schedule.

b) If instead, it is an additional deduction of $40,0000, the marginal tax rate will be:

= $75,000 - $40,000

= $35,000

The marginal tax rate for taxable income of $35,000 is 12% according US tax rate schedule.

Note: the interest is categorized as interest from municipal bond, so it is tax free.

It is also assumed that Chuck is single. Hence, tax rate under single filer applies to him.

3 0

3 years ago

Outdoor Company is located in Kirkland, Washington, where the city and the state have minimum wage laws. Outdoor pays its starti

Mademuasel [1]

Answer: the highest of the minimum wages.

Explanation:

The company will have the pay the minimum wage that is the highest because they are under the authority of all three governments and paying the highest minimum wage would ensure that they automatically follow the minimum wages set by the other two authorities.

For instance; the federal minimum wage is $7.25 per hour, the state minimum wage is $10 per hour and the city minimum is $12 per hour. When the company pays $12 an hour, they would be adhering to the city minimum and automatically adhering to the Federal and State minimums as well.

7 0

3 years ago

Ruston Company had Net Income for 2020 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2020. The e

Aloiza [94]

Answer:

$3,000,000

Explanation:

Calculation to determine the Net Cash Flow in 2020

STATEMENT OF CASH FLOW

For the Year 2020

Cash flow from operating Activities:

Net Income $6,200,000

Add Depreciation Expense $ 800,000

Net Cash provided by operating activities $7,000,000

($6,200,000+$800,000)

Cash flow from Investing activities:

Investment in Equipment ($4,000,000)

Net Cash used in Investing activities ($4,000,000)

Net Cash flow in 2020 $3,000,000

Depreciation under Straight Line method = (Cost - Salvage Value)/Useful Life

Depreciation under Straight Line method= (4000000-0)/5

Depreciation under Straight Line method= 800,000

Therefore the Net Cash Flow in 2020 is $3,000,000

4 0

3 years ago