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Aliun [14]
3 years ago
8

Burberry's global marketing strategy of offering "affordable luxury" to customers in the United States, with a value proposition

of being more expensive than Coach and less expensive than Prada represents a focus on:A) product.B) price.C) promotion.D) position.E) place.
Business
1 answer:
kolezko [41]3 years ago
5 0

Answer:

B) price.

Explanation:

Burberry's strategy in this case is based on price reduction. They aim to provide cheaper luxury goods to customers in the United States.

Their value proposition is that their luxury products are more expensive the Coach but cheaper than Prada (not too cheap and not too expensive).

This strategy is aimed both at gaining luxury customers that want a cheaper alternative, and get new customers that want to enter the luxury goods market but don't have enough money to buy the expensive ones.

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Presented below are three receivables transactions. Indicate whether these receivables are reported as accounts receivable, note
tatuchka [14]

Answer:

1. Accounts receivable

2. Notes receivable

3. Other receivable

Explanation:

Sold merchandise on account for $64,000 to a customer - Accounts receivable. Since the merchandise is sold on credit to a customer, the same is recorded in the current assets of the balance sheet as accounts receivable.

Received a promissory note of $57,000 for services performed - Notes receivable. Since the promissory note is received for service performed which we term as a note receivable. This also come under the current assets of the balance sheet

Advanced $10,000 to an employee - Other receivables - As an advance is given to an employee neither is an account receivable nor it notes receivable. So, it is term as an other receivable

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3 years ago
How to calculate the total cost of a car loan.?
ExtremeBDS [4]
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To make the most of your time you should break up large projects into small pieces true or false​
Vesnalui [34]

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3 years ago
The additional paid-in capital account represents profit to the corporation and, as such, it is credited to Retained Earnings.
Tom [10]

Answer:

B. False

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The retained earnings show distributions available out of profit to the company shareholders after all other obligations to third parties are satisfied.

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3 years ago
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer o
Oksana_A [137]

Answer:

The Journal entries are as follows:

(i)

Work in process inventory[9,500 - 800] A/c Dr. $8,700

Manufacturing overhead A/c Dr. $800

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(ii)

Work in process inventory[15,700 - 2,000] A/c Dr. $13,700

Manufacturing overhead A/c Dr. $2,000

      To wages payable                                       $15,700

(To record the Oak Creek Furniture Factory’s payroll costs)

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Work in process inventory [13,700 × 55%] A/c Dr. $7,535

          To Manufacturing overhead A/c                                 $7,535

(To record the application of manufacturing overhead to production)

5 0
3 years ago
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