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3 years ago

Market research should be conducted:

Business

1 answer:

Akimi4 [234]3 years ago

7 0

Answer:A- when market share for a product has dropped for three consecutive quarters

Explanation:

Market Research is the gathering of valuable information and data about a particular product or service. This is a very important part of business as the marketing research will help the company get detailed information about their products, how acceptable the product has been in the market, the complaints consumers have on the product and how the products can be improved.

Marketing research provides data that organisations need to stay and remain in business.

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Santos Corporation gathered the following information for the fiscal year ended December 31, 2020: Sales $1,500,000 Operating ex

kirill115 [55]

Answer:

Income from operations 380,000

Loss on sale of equipment 40,000

Pretax income 340,000

Tax at 30% 102,000

Net Income 238,000

Explanation:

1 Santos Corporation

Income statement

For the year ended December 31, 2020

Sales................................ $1,500,000

less: Cost of goods sold $960,000

Gross Profit $540,000

Less: Operating expenses 160,000

Income from operations 380,000

2 Santos Corporation

Income statement

For the year ended December 31, 2020

Income from operations 380,000

Loss on sale of equipment 40,000

Pretax income 340,000

Tax at 30% 102,000

Net Income 238,000

5 0

4 years ago

Muckenthaler Company sells product 2005WSC for $30 per unit. The cost of one unit of 2005WSC is $27, and the replacement cost is

valentina_108 [34]

Answer:

The product 2005WSC should be reported at $26 per unit.

Explanation:

The lower-of-cost-or-market (LCM) method is a method of recording the inventory of a company which requires that the inventory cost of the company must recorded at whichever is lower between the inventory's original cost or current market price.

Applying lower-of-cost-or-market, the amount per unit at whcih product 2005WSC should be reported can be determined as follows:

Net realizable value (NRV) = Selling price per unit - Cost of disposal per unit = $30 - $3 = $27

Replacement cost (RC) = $26

NRV - Profit Margin = $27 - ($30 * 40%) = $15

Cost per unit = $27

Note that the market is the middle value of Net realizable value (NRV), $27; Replacement cost (RC), $26; and "NRV - Profit Margin", $15. Since the Replacement cost (RC) of $26 is the middle value, that the market value.

Since the market value of $26 per unit is lower than Cost per unit of $27, by applying lower-of-cost-or-market, the product 2005WSC should be reported at $26 per unit.

3 0

3 years ago

When the market rate is 12%, a company issues %50,000 of 9%, 10-year bonds dated January 1,2017, that mature on December 31,2026

Temka [501]

Answer:

Issuance:

Cash 41,397.56 debit

Discount on BP 8,602.44 debit

Bonds Payable 50,000 credit

TRUE. At maturity the Bonds payable account will be debited to indicate the bonds were payed.

Explanation:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2,250.000

time 20

rate 0.06

$2250 \times \frac{1-(1+0.06)^{-20} }{0.06} = PV\\$

PV $25,807.3227

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 50,000.00

time 20.00

rate 0.06

$\frac{50000}{(1 + 0.06)^{20} } = PV$

PV 15,590.24

PV c $ 25,807.3227

PV m $ 15,590.2363

Total $ 41,397.5591

4 0

4 years ago

In Python programming language, what is a function statement?

jekas [21]

Answer:

A function that will be executed

Explanation:

8 0

3 years ago

Doug is filing singly. his net taxable income is $80,575. every week, $304 is withheld from his earnings for income tax. based o

mariarad [96]

Basing it on the information given, he will owe an additional $731.

Since your taxable income has been identified, you just look up your income, find the column with your filing status, and then find the amount of tax you owe.

6 0

3 years ago

Read 2 more answers