The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.
The promotion mix element that is facilitated by words of mouth is ADVERTISING.
Word of mouth advertising is a form of unpaid spread of positive marketing information which move from one person to another. The method involves passing information across to other people by meaning of oral communication.
Answer:
Land 407,000
Building 750,000
Land improvements 77,000
The company will depreicate the buildign and the land improvements
But, not the land as it doesn't suffer from the past of time.
<u>Questions:</u>
Value of the assets
and which assets will the company depreciate.
Explanation:
The demolition of the old buildign should be considered cost of the period. As no asset is improved or acquire for that event.
<u>Land:</u>
80,000 cash
320,000 note payable
3,000 deliquient property tax
<u> 4,000</u> insurance costing
407,000 total land
<u>Building:</u>
cost: 750,000
<u>Land Improvements:</u>
fence 55,000
sing at entrance 15,000
lighthing <u> 7,000 </u>
TOTAL 77,000
Answer:
$197,000
Explanation:
Calculation for what were the firm's budgeted payments in March
Month Purchase Payment in month
January 200,000* 10% =20,000
February 180,000* 60%= 108,000
March 230,000 *30%= 69,000
Firm's budgeted payments in March $197,000
(20,000+108,000+69,000)
Therefore the firm's budgeted payments in March is $197,000
I think the most difficult thing is the way the money is constantly going in and out i believe it is herd because we cant keep track of how much money we have it makes it difficult to balance
