Answer: Place.
Explanation:
The marketing mix are those parameters a marketer can influence to increase sales, the market mix include: promotion, price, product and place. Jeffrey has taken necessary steps to plan for other marketing mix except location (place) his product would be sold.
Answer:
Cost of goods sold will be overstated by $10,000
Net income will be understated by $10,000
Explanation:
The movements in inventory account can be shown as
Opening balance + purchases - cost of goods sold = ending balance
As such, understating the ending balance would result in an overstatement of cost of goods sold. This will in turn result in an understatement of gross and net income.
Answer:
C
Explanation:
Working capital is the capital used in the daily running of a business.
Working capital = current assets - current liabilities
Working capital is a form of expenditure for the firm.
Thus it is an outflow.
Working capital should be recorded after tax. tax should be subtracted from working capital to determine the eventual outflow
An increase in working capital means more cash is being used in the business. this cash cannot be used elsewhere. this reduces the amount of cash the business can use for other activities. this is why it is an outflow
Answer: type z firm
Explanation: In simple words, type Z firm refers to the firm structure under which the management of the organisation focuses on factors like employment stability, high productivity and high satisfaction and morale of employees.
The firms employing such structure believes that employees are the most important resource and without their satisfaction operational effectiveness and stability cannot be achieved.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent.
Bank A:
initial investment $105,000
n=[ln(FV/PV)]/ln(1+r)
n=[ln(188000/105000)]/ln(1+0.073)= 8.26 years
Bank B:
Effective rate= 0.073/12= 0.0061
n=[ln(188000/105000)]/ln(1+0.0061)= 95.78 months/12= 7.98 years
