Corrected income statement for each quarter
Particulars First Quarter Second Quarter
Sales Revenue 12200 18800
Cost of goods sold
Beginning inventory 4100 4030
Purchases 3100 12700
Goods available for sale 7200 16730
Ending inventory 4030 9000
Cost of goods sold 3170 7730
Gross profit 9030 11070
Operating expenses 4800 5700
Pretax income 4230 5370
The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions. The basic formula for the income statement is Income - Expenses = Net Income.
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Answer:
Decimal placement
Explanation:
It is 8/10 because, in the decimal 0.8 , the 8 is in the tenths place. If it was 0.08 the fraction would be 8/100 and so on and so forth.
Answer:
According to my opinion all the given choices are right.
Explanation:
To implement the concept of marketing, the organization need to know,
a) Marketing strategy: A overall plan for reaching the customer
b) Research: research about what is need of the customer, their expectations, possibility of producing it, etc so that the product will run in the market successfully.
c) Identify competitive market: Yes this is surely need to run business and to have good challenge to improve and keep up the brand name
d) a plan for top management practices: Building up hierarchy shows the growth of the organization.
Answer: Below-Market pricing.
Explanation:
In marketing, Below-Market pricing is sales strategy where the price of a product is reduced below what is obtainable in the market.
This strategy is used to attract customers to a company's product by reason of it's lower price.
Suave shampoo is applying below market pricing to sell it's shampoo product.
D. The company selling the product is using, "<span>an emotional appeal in advertising as a method of non-price competition"
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Hope this helps!</span>
