Answer:
See explanation section
Explanation:
Req. A & B
If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.
EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.
Req. C, D & E
In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.
A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-
since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%
True, the various online calculators and worksheets can help one to find answers to financial planning and investing question.
Today, the computer application which are programmed to provided the solutions to different level of financial planning and investing question can not be assessed online.
For instance, the MS Excel which was one of the earliest wroksheet can not be used online in form of G.oogle Spreadsheet etc
Therefore, it is true that various online calculators and worksheets can help one to find answers to financial planning and investing question.
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Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
The management of GameGuys, Inc. designed a strategy that unifies advertising, personal selling, public relations, and sales promotion activities, creating a consistent message. This effort to promote a positive brand image represents an integrated marketing communication program.
<h3 /><h3>What is integrated marketing communication?</h3>
They correspond to strategies used in organizations to promote a brand, a product or a relevant message through integrated communications, which are conveyed in different communication channels, to attract a greater number of potential consumers. Some media used are:
- Social networks
- TV
- Radio
- Newspapers
The objective then of the integrated marketing communication is to generate a reinforcement of a communication that will increase the value of the brand and the perception of the target public.
Therefore, IMC generates a unified strategy through marketing processes, such as identifying the best public relations strategy and audience analysis to identify the best marketing communication, generating positioning for a company.
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Answer:
Allegheny should report as $2,200 as Uncollectible Accounts Expense on its 2016 income statement.
Explanation:
Allegheny determines its bad debt expense by aging its receivables.
The write-off during 2016 would have this effect:
Debit Allowance for doubtful accounts $1,500
Credit Accounts receivable $1,500
<em>(To record write-off during 2016)</em>
The balance in the allowance for doubtful accounts would be $900 - $1,500 = $600 Debit
To reinstate the Allowance account to the estimated amount of $1,600, we need to add back the debit balance to arrive at $1,600 + $600 = $2,200.
The net realizable value of the Accounts receivable becomes: $23,000 - $1,500 - $1,600 = $19,900
