Answer:
The next question Brad needs to decide about the channel is:
When will the channel implementation take place?
Explanation:
This is the most logical question to ask after determining "the what" of channels to choose and "the how" to go about implementing the chosen channel. With this determination, the plan is officially set for take-off launching. This also makes the marketing plan implementable, as it now has a time-frame for implementation.
Several factors go into this answer. First . Producers must be cognizant of whether the market place is suitable for their goods and or services by determining the profit margin.
Often times there are variable costs (a component required to make the product or service for sale.)
For instance, if one is selling laptops and all the components inside are at a low cost but when put together ...you can sell it for a higher price than what it cost make.
But if the cost of one component , lets say for example the hard drive goes up in price by 3 times what ot originally cost, then it may not be profitable to sell that laptop and you would exit the market.
If that same hard drive dropped in price, theoretically, one would re enter that market.
Answer:
Mary should choose the Net Present Value method
Explanation:
The Net Present Value Method (NPV) takes into account the time value of money, i.e, recognises that cash-flows that are received sooner are worth more than cash-flows that are received in later years, and this method does this by discounting the expected cash-flows using the projects cost of capital. It therefore takes into consideration the cost of capital and the risk inherent in making projections about the future unlike the Payback method
The NPV method also tells us in dollars terms, if the investment is profitable or not, and by how much. Therefore, using this method, it is very easy to rank different projects in terms of profitability and to choose between competing investments . The results are also not distorted in situations where the investments being analysed have more that one cash out-flow during the investment period as would happen with the Internal rate of return which can give multiple solutions. This also makes the NPV superior to the Profitability index where different investments can have the same index but are vastly different in terms of absolute dollar profitability.
Answer:
Explanation:
1. Accounts Receivable - Asset (Come under Current Asset)
2. Equipment - Asset (Come under Fixed asset)
3. Fees Earned - Revenue (Come under income statement)
4. Insurance Expense - Expense (Come under income statement)
5. Prepaid Advertising - Assets (Come under Current Asset)
6. Prepaid Rent - Asset (Come under Current Asset)
7. Rent Revenue - Revenue (Come under income statement)
8. Salary Expense - Expense (Come under income statement)
9. Salary Payable - Liability (Come under current liabilities)
10. Supplies - Asset (Come under Current Asset)
11. Supplies Expense - Expense (Come under income statement)
12. Unearned Rent - Liability (Come under current liabilities)