Answer:
Explanation:
Principle amount is $162000
Rate is 7.5% or 7.5%/12 monthly
So formula is: Interest = Principle * Rate * Time / 100
Interest = 162000*7.5*1/12*1/100 = 1215000/12 = 1012.5
Interest = 1012.5
Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".
Explanation: The understatement of the ending inventory balance causes:
<u>Cost of goods sold to be overstated and net income to be understated.</u>
Answer:
The correct answer is the option B: clear financial goals and expectations.
Explanation:
To begin with, before a new product is developed a company must follow a precise protocol in which the marketing mix plan is already established and therefore once that the company states the 4Ps of their marketing mix, it establishes the features of the product including characteristics of what it will be and do; the target audience including the costumers' preferences, needs and wants; the distribution channels and the promotion strategy.
To continue, <u><em>the protocol must establishes clear financial goals and expectations</em></u> in order to know how much is available to spend and how much of time will it take to create the product and to obtain the return of investment as well. Therefore, once that the marketing mix is established, the company needs to have in mind their expectations and expenditures.
