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zepelin [54]
3 years ago
7

Explain the key function of the marketing manager..

Business
1 answer:
harina [27]3 years ago
5 0

Marketing manager analyze the demand regarding the product as well as the trend.

Explanation:

Marketing manager has to perform various responsibilities, they are as follows-

<u>Coordinates and advises various business activity</u>

A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales  as well as purchase

<u>Identifying market potentials</u>

A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .

<u>Launch attractive product</u>

A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.

<u>Create a good market plan</u>

A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.

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What information do you believe is needed in order to create a budget?
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What do investors use the income statements of organizations for?
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Answer:

Investors use income statements to determine the profitability of a company over time. ... This is the amount that a company would pay shareholders, per share, if the company paid out all of its net income as dividends.

Explanation:

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3 years ago
Statement of retained earnings   Hayes Enterprises began 2019 with a retained earnings balance of $ 928 comma 000. During 2019​,
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Explanation:

a. The preparation of the statement of retained earnings for the year ended December​ 31, 2019 is presented below:

                                                   Hayes Enterprises

                                          Statement of retained earnings

                                For the year ended December​ 31, 2019

Beginning balance of retained earning $928,000

Add: Net income $377,000

Less: Cash Dividend paid

Preference stock dividend -$47,000

Common stock dividend $210,000

Ending balance of retained earning       $1,048,000

The common stock dividend is

= $928,000 + $377,000 - $47,000 - $1,048,000

= $210,000

b. The earning per share is

Earning Per share = (Net income - Preferred Dividends) ÷ (Average Common shares outstanding)

= ($377,000 -$47,000) ÷ (140,000 Shares)

= $2.36 per share

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8 0
3 years ago
Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2018, 150 share
amid [387]

Answer and Explanation:

The journal entries are shown below:

On Mar 1

Cash (2,200 × $17) $37,400  

  To Common Stock (2,200 × $1)  $2,200

  To Paid in capital in excess of par - Common stock (2,200 × $16)  $35,200

(Being the issuance of the common stock is recorded)  

On April 1

Cash (150 × $32) $4,800  

       To  Preferred stock (150 × $10)  $1,500

        To Paid in capital in excess of par - Preferred stock (150 × $22)  $3,300

(Being the issuance of  the preferred stock is recorded)  

O Jun 1

Dividends    $2,820  

   Dividends payable  $2,820

(Being the dividends declared is recorded)

 

On June 30

Dividends payable $2,820  

         To    Cash  $2,820

(Being the dividends paid is recorded)  

On Aug 1

Treasury stock (250 × $14) $3,500  

      To Cash  $3,500

(Being the treasury stock is recorded)  

On Oct 1

Cash (150 × $16) $2,400  

  To Treasury stock (150 × $14)  $2,100

  To Paid in capital in excess of par -Treasury stock (150 × $2)  $300

(Being the reissue of treasury stock is recorded)  

The computation of the dividend is shown below:

For common stock

= (2,200 + 2,200) × $0.60

= 4,400 × $0.60

= $2,640

For  preferred stock

= (150 + 150) × $0.60

= $180

Total dividends is

= $2,640 +$180

= $2,820

4 0
3 years ago
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