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Alexxx [7]
3 years ago
10

The promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activities,such as trade sho

ws, event sponsorships, and contests, is known as:
publicity.
public relations.
every day low prices.
sales promotion
Business
2 answers:
Marat540 [252]3 years ago
4 0

Answer:

The correct answer is letter "D": sales promotion.

Explanation:

Sales Promotion represents all the efforts companies make to advertise their products to increase their revenue. Firms carry out different events where prospective buyers can interact with the products and get interested in purchasing them. By doing so, consumers are likely to be more engaged with the brand and have the opportunity to compare them with competitors. Sales promotions can be provided inside the company and outside of it.

love history [14]3 years ago
3 0

Answer: Sales promotion

Explanation:

Promotion includes all the techniques sellers use to motivate/persuade people to purchase their product or services.

Sales promotion is a part of the promotional mix that uses media and non-media outlets to improve product awareness, increase consumer demands and marketability. It helps in stimulating consumers' interest in a product.

Sales promotion programs are designed to enhance personal selling, advertising, public relations, and other promotional efforts.

Sales promotions can take place both within/inside and outside an organization. It helps to attract new customers, with old existing customers and ease competition.

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Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
polet [3.4K]

Answer:

a. The balance in retained earnings at the time of the change (beginning of 2021) as it would have been reported if FIFO had been used in prior years is $744,450.

b. Debit Inventory for $53,000; Credit Income tax payable for $18,550; and Credit Retained earnings for $34,450.

Explanation:

Note: There is an error in the date stated in the requirements of the question as they are different from the date in the body of the question. The requirements are therefore restated with the correct date before answering the question as follows:

a. Calculate the balance in retained earnings at the time of the change (beginning of 2021) as it would have been reported if FIFO had been used in prior years.

b. Prepare the journal entry at the beginning of 2021 to record the change in principle.

The explanation of the answer is now given as follows:

a. Calculate the balance in retained earnings at the time of the change (beginning of 2021) as it would have been reported if FIFO had been used in prior years.

The effect of LIFO is to overstate the cost of goods sold and understated the retained earnings.

The balance in retained earnings at the time of the change (beginning of 2021) as it would have been reported if FIFO had been used in prior years can therefore be determined as follows:

Inventory understatement net of tax = $53,000 * (100% - Tax rate) = $53,000 * (100% - 35%) = $34,450

Therefore, we have:

Retained earnings under FIFO = Retained earnings as reported + Inventory understatement net of tax = $710,000 + $34,450 = $744,450

Therefore, the balance in retained earnings at the time of the change (beginning of 2021) as it would have been reported if FIFO had been used in prior years is $744,450.

b. Prepare the journal entry at the beginning of 2021 to record the change in principle.

The journal entry will look as follows:

<u>Details                                                       Debit ($)        Credit ($)    </u>

Inventory                                                    53,000

Income tax payable (53,000 * 35%)                                18,550

Retained earnings                                                            34,450

<u><em>(To record the change in principle.)                                                 </em></u>

7 0
3 years ago
XYZ Co. had 500 calculators, purchased at $3.5 per unit, on hand on 11/1/2019. Purchases and sales during the month of November
Wittaler [7]

Answer:

Value of ending inventory at 11/30/2019 using LIFO is $1,950

Explanation:

The calculators sold on 11/8 were taken from  purchases of 11/21,200 units and purchases of 11/13,150 units,thereby leaving 150 units of calculators purchased on 11/13 in inventory.

However,the sale of 100 calculators on 11/28 were picked from the balance of 150 units left from stock of 11/13 thereby leaving 50 units purchased at $4 each and the opening inventory in closing inventory.

The computation of closing inventory value:

11/13/2019 50 calculators at $4 = $200

11/1/2019   500 calculators at $3.5=$1,750

Value of closing inventory                  $1,950

6 0
3 years ago
Your company emphasizes the important of conserving (not wasting)
Fofino [41]
Your answere would be A, Use the Print option for two-sided printing.
7 0
3 years ago
When estimating a sharpe ratio, would it make sense to use the average excess real return that accounts for inflation?
castortr0y [4]

When estimating a Sharpe ratio,  it makes sense to use the average excess real return that accounts for inflation the geometric return represents a compounding growth number and would inflate the annual performance of the portfolio.

As a rule of thumb, a Sharpe ratio above 0.5 is marketplace-beating performance if finished over the longer term. A ratio of one is top-notch and hard to attain over lengthy durations of time. A ratio of zero.2-zero.3 is in keeping with the wider marketplace.

In finance, the Sharpe ratio measures the performance of investment together with protection or portfolio as compared to a risk-unfastened asset, after adjusting for its risk.

It facilitates traders to perceive the threat level and changed the return rate of all mutual price ranges. This gives a clean image to the investors, and they get to recognize if the threat they take is giving top returns or not.

Learn more about the Sharpe ratio here brainly.com/question/16258028

#SPJ4

7 0
1 year ago
________ is a BI application that inputs data from one or more sources and applies reporting operations to that data to produce
Yuki888 [10]

Answer:

Reporting application

Explanation:

Reporting application is a centralised intelligence system that helps to add data from various resources, it compiles it and then it produces business intelligence. It is a new way to organise data and predict something accordingly. It is the fastest way to combines different data set to produce business intelligence such as making a decision or to solve a problem.

7 0
3 years ago
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