<span>Firms using the Harvesting approach during the decline stage of the product life cycle will gradually reduce marketing expenditures and use a less resource-intensive marketing mix.
In business, harvesting approach is a practice to exploit as much profit as possible from a certain company's product before it pulled out from the market. Usually being done because the firms want to replace the product with a newer one.</span>
Answer:
virtual hosting is appropriate
Answer:
a. $74
Explanation:
The computation in the change in cash for the year is shown below:
Net income $100
Less: Purchase of Debt Securities -$7
Less: Amortization of Premium on Bonds payable -$4
Less: Purchase of Treasury Stock -$5
Less: cash Dividends paid -$10 {($100 - $92) + $2}
Change in Cash $74
Hence, the correct option is A. $74
We simply deduct all the items from the net income so that the change in cash could come
Answer:
See below
Explanation:
Required 1
Overhead rate
= Overhead costs ÷ Direct material cost
= [$612,000 ÷ $1,800,000] × 100
= 34%
Required 2
Total cost of job in process
$90,000
Less: Materials cost of job in process
($27,000)
Less: Overhead applied (34% × $27,000)
($9,180)
Direct labor cost
$53,820
Answer:
$8,800
Explanation:
Stock dividend is a type of dividend which is paid in the form of additional shares in the company. It is declared as a ratio or percentage of outstanding shareholding in the company.
Stock Dividend = Numbers of outstanding shares x Stock Dividend percentage
Stock Dividend = 40,000 x 2% = 800 shares
Amount ot be transferred = 800 x $11 = $8,800