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saul85 [17]
4 years ago
12

Bryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in h

is store can simplify buyers' purchase decisions. He should also consider that, compared to other IMC alternatives, personal selling is:_______.
A. overrated.

B. ineffective.

C. expensive.

D. simple.

E. easy.
Business
1 answer:
Allushta [10]4 years ago
4 0

Answer:

The answer is C. expensive

Explanation:

An integrated marketing communication (IMC) is an approach to brand communication where the different modes work together to create a seamless experience for the customer.

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The following information was drawn from the Year 1 accounting records of Ozark Merchandisers: Inventory that had cost $15,000 w
Westkost [7]

Answer :

1. A. Operating activities.

2. The sale price of the land should be shown in the investing activities

$25,813.20

Explanation :

As per the data given in the question,

The interest expense is reported in the operating activities section of the cash flow statement

Net sales = Gross sales - Sale returns - Sales discounts

=$27,000 - $660 - $526.80

= $25,813.20

The sales discount is come from

= ($27,000 - $660) × 2%

= $526.80

The preparation of the multi step income statement is presented below:

                                        Ozark Merchandisers

                                        Income Statement

Net sales revenue  $25,813.20

Less: Cost of goods sold  ($15,000 - $400) $14,600

Gross profit $11,213.20

Less: expenses

Selling and administrative expense $2,835

Income from operations  $8,378.2

Add: Gain on sale of land  $900   ($6,900 - $6,000)

Less: Interest expense         $200

Net income     $9,078.20

The sale price of the land  i.e $6,900 should be shown in the investing activities as it reflects the cash inflow position

This is the answer and the given options are incorrect

3 0
3 years ago
An engineer wants to contribute $5,000 per year to her retirement account out of her year-end bonus. However, she just got out o
PSYCHO15rus [73]

Answer:

The correct option is (B) $365,530.

Explanation:

In this problem we need to determine the future value, i.e. the amount at the retirement age.

The formula to commute the future value is:

\\ FV=A[\frac{(1+r)^{n}-1}{r}]

Here,

A = annual investment = $5,000

r = interest rate = 8%

n = number of periods = 25

The future value is:

\\ FV=A[\frac{(1+r)^{n}-1}{r}]\\=5000\times[\frac{(1+0.08)^{25}-1}{0.08}]\\=365529.699\\\approx365530

Thus, the amount of money the engineer will have in the account at retirement is $365,530.

5 0
3 years ago
Why is price important to a company?
alukav5142 [94]

Answer:

B. It is a part of the marketing mix.

Explanation:

Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

Price is important to a company because it is a part of the marketing mix.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.

5 0
3 years ago
At December 31, 2018, the following information was available for Deen Company: ending inventory $22,600; beginning inventory $2
ELEN [110]

Answer:

<u>Using COGS</u>

Inventory TurnOver  = 19.54

days in inventory =  46.95

<u>Using Sales</u>

Inventory TurnOver  = 19.54

days in inventory =  18.68

Explanation:

Inventory TurnOver = COGS or sales / Average Inventory

Were: average inventory =  (beginning + ending inventory ) / 2

days in inventory  =  365  / Inventory TurnOver

Some accounts work with COGS and some with sales, the latter being more used, but because you have the two option and didn't specifically declare any of the two I will give you answer for both of them, then it will your work to check which one are you using in your course.

Average inventory = (21400+22600 ) /2 = 22,000

Inventory TurnOver <em>(using COGS)</em><em> </em>= 171,000/22,000 = 7.77

days in inventory<em> (using COGS)</em> = 365/7.77 = 46.97

<em>Inventory TurnOver (using Sales)</em> = 430,000/22,000 = 19.54

days in inventory <em>(using Sales)</em> = 365/19.54 = 18.68

4 0
4 years ago
What is trade and the examples​
bonufazy [111]

Answer

Trade is defined as the general marketplace of buying and selling goods, the way you make a living or the act of exchanging or buying and selling something. An example of trade is the tea trade where tea is imported from China and purchased in the US. An example of trade is when you work in sales.

pls do mark as brainliest...☺

7 0
3 years ago
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