Marketing Manager Joe Driscoll stated that the
company believes that all brands and product categories can be reinvigorated,
actively using cross promotions during the latter stages of cross
promotion. Cross promotion is a marketing techniques, in these two companies come for joint promotion of its products
or service.
Marketing manager Joe
Driscoll stated that the company believes that all brands and product categories
cab be reinvigorated actively using cross promotions during the latter stages
of product decline.
In a product life cycle,
product goes with different stages like introduction, growth, maturity and decline.
Product or brand having same life cycle, brand or product can be energized by
using cross promote on marketing technique.
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Answer:
Company A
The company's weighted average number of shares outstanding at the end of 2004 is:
= 53,188 shares.
Explanation:
a) Data and Calculations:
Date Description Weight Weighted Average
01/01/04 - 50,000 shares issued
and outstanding 12/12 = 50,000
04/01/04 - 5% stock dividend (2,500) 9/12 = 1,875
10/01/04 - 10% stock dividend (5,250) 3/12 = 1,313
Total weighted average number of shares = 53,188
Calculation of amount of prepaid insurance and insurance expense shown on the year 2 financial statements;
It is given that on June 1 of year 1 the company paid $1,800 cash for an insurance policy for one year.
Hence the insurance expense for the first year shall be calculated for 7 months (June to December) = 1800*7/12 = $1050. The balance in the prepaid instance as on December 31 of the first year shall be (1800-1050) = $750
In the second year the insurance expense shall be $750 and at the end of the second year, the balance in the prepaid insurance shall be nil.
Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.
Hope this helps
Answer:
-2500
Explanation:
Incremental revenue is - $10,000. This is because the sour cream product line will drop.
Incremental variable departmental cost savings = $6,000. This is because the company will no longer incurr the variable cost of the sour cream product line.
Incremental savings in fixed cost =
5000 * 30%
= 5000 * 0.30 = 1,500. This is because only 30% of the fixed costs are direct costs, which will no longer be incurred by the company)
Incremental increase in net income =
(Incremental revenue + Incremental variable departmental cost savings + Incremental savings in fixed cost)
-$10,000 + $6,000 + $1,500 = - $2,500
Incremental increase in net income = -2500
