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3 years ago

What should be appropriate for a target market

Business

1 answer:

ladessa [460]3 years ago

4 0

Explanation:

Target market should have appropriate age, gender, lifestyle, likes, preferences, income level, education level, maturity level, marital status, occupation and ethnicity. It can also be shortly termed as appropriate demographics.

Target market is the audience to whom the product is to be sold. In order to pitch the right product to right customer target market has to be identified. Customer profiling is necessary to identify the customers interested in the products or services marketed by an organisation.

Customer base gives the details of what is needed by the customers. Organisation is benefited by only concentrating on the customers who are interested in their products or service.

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Maxim Corp. has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1

artcher [175]

Answer:

$48,000

Explanation:

The computation of ending inventory using average method is shown below

Total units = 200 + 400 + 100 = 700

Total cost = (200 × $140) + (400 × $160) + (100 × $200)

= $28,000 + $64,000 + $20,000

= $112,000

Average cost per unit = $112,000/700 = $160

Ending inventory = Total units - units sold

= 700 - 400

= 300

Therefore, cost of ending inventory = Ending inventory × Average cost per unit

= 300 units × $160

= $48,000

8 0

3 years ago

James, Keller, and Rivers have the following capital balances; $48,000, $70,000 and $90,000 respectively. Because of a cash shor

Vilka [71]

Answer:

Capital balances of each partners

James Keller River

opening balance $48,000 $70,000 $90,000

Additional Capital 12,000

Salary 13,000 15,000 20,000

Interest on capital 4,400 5,600 7200

Drawings (12,000) (12,000) (12,000)

share of loss (7040) (10560) (17600)

closing balance 58,360 68,040 87,600

Explanation:

1. Interest on capital is based on weighted average capital balance without regard to normal drawings

James =( 8% * 48,000) + ( 8%* 12,000 * 7/12) = $4,400

on the additional capital invested by James, interest on capital will be calculated for 7months

Keller = 8% * 70,000 = $5,600

River = 8% * 90,000 = 7200

Appropriation

Net income $30,000

Interest on capital(4400 + 5600+7200) 17,200

salary (13,000+15000+20000) 48,000 (65,200)

share of loss : James 7,040

keller 10,560

River 17600 35,200

7 0

3 years ago

Suppose that the equilibrium price of greeting cards declined at the same time the equilibrium quantity of greeting cards increa

lorasvet [3.4K]

Answer:

The answer is: A) A decrease in the price of paper used to make greeting cards.

Explanation:

In normal market conditions, an increase in the equilibrium quantity of greeting cards means that the quantity demanded and the quantity supplied of greetings cards increased. Usually an increase in the quantity supplied will result in an increase of the price of the good or service. But on this specific case something else made the price of the cards decrease. The only one of the four possible options that can explain an external cause for a decrease in the price of greetings cards, is a decrease in the price of paper used to manufacture them.

3 0

3 years ago

SCI just paid a dividend (D₀) of $1.92 per share, and its annual dividend is expected to grow at a constant rate (g) of 4.00% pe

Readme [11.4K]

Answer:

intrinsic value of SCI’s shares is $33.28 per share

Explanation:

given data

dividend (D₀) = $1.92 per share

constant rate (g) = 4.00% per year

required return (rs ) = 10.00%

to find out

intrinsic value of SCI’s shares

solution

we know that intrinsic value is here express as

intrinsic value = current dividend × ( 1+ growth rate ) ÷ ( required rate - growth rate ) .............................1

put here value we get

intrinsic value = $\frac{1.92*(1+0.04)}{0.10-0.04}$

intrinsic value = 33.28

so intrinsic value of SCI’s shares is $33.28 per share

3 0

3 years ago

Amazon stock prices gave a realized return of 6%, negative 6%, 9%, and negative 9% over four successive quarters. What is th

Anvisha [2.4K]

Answer:

-1.167%

Explanation:

The current value of the stock is given by applying all of the realized returns to the initial purchase price. Let 'A' be the initial price, the price at the end of the year is:

$P = A*(1+0.06)*(1+0.09)*(1-0.06)*(1-0.09)\\P=0.9883A$

At the end of the year, the stock had a price of 0.9883 times the initial price, the annual realizes return was:

$r=(0.9883 - 1)*100\%\\r= -1.167\%$

Annual realized return was -1.167%.

8 0

3 years ago