Answer:
The correct answer is D. shared cost effect
Explanation:
The shared cost effect refers to the reduction in price sensitivity of a customer created through the perception that part of the purchase price is paid for by a third party of the firm itself.
Answer and Explanation:
1. Interest Revenue $23,000
Sales Revenue $510,000
To Income Summary $533000
(Being closing of revenues accounts are closed)
2. Income Summary $453,000
To Sales returns $20,000
To Sales Discounts $7,000
To Cost Of goods sold $310,000
To Freight out $2,000
To Advertise Exp $15,000
To Interest Exp $19,000
To Salaries & Wages $55,000
To Utility $18,000
To Depreciation $7,000
(Being closing of expenses accounts are closed)
3. Income Summary $80,000
To Retained Earning $80,000
(Being profit is recorded)
4. Retained Earning $30,000
To Dividends $30,000
(Being closing of dividend is recorded)
Answer:
Cost of goods Sold = $384,000
Gross Profit = $259,000
Explanation:
Cost of goods sold = Opening Inventory + Net Purchase - Closing Inventory
Opening Inventory = $58,100 Closing Inventory = $92,600
Net Purchases = Purchase - Purchase Return - Discounts + Freight in
Freight in forms part of cost of purchase because without this expense inventory cannot be bought in.
Net Purchases = $420,800 - $11,900 - $8,100 + $17,700 = $418,500
Cost of goods Sold = $58,100 + $418,500 - $92,600 = $384,000
Gross Profit = Sales - Cost of Goods Sold
= $643,000 - $384,000 = $259,000.
There are several elements that need to be covered when conducting a formal marketing/ sales event except A. providing a list of plans that have the same star rating.
<h3>How can you be compliant when conducting a formal marketing/sales event?</h3>
It is important that several different plans are offered because consumers have different types of needs.
A complete plan presentation should also be provided to ensure that consumers know what they are getting into.
You do not however have to provide plans that have the same star ratings as the plan being presented on.
Options for this question include:
A. providing a list of plans that have the same star rating.
B. providing a complete plan presentation.
C. providing different plans
Find out more on formal sales events at brainly.com/question/24370156.
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Answer:
A programmer, a web designer, and a data analyst.
Explanation:
The programmer creates the sales system application. He will integrate key functionalities in the new software that will meet the companie's unique need.
The we designer will create a website that will give easy access to the newly developed sales system application. This will also involve content creation and user interface creation.
Data analyst will be in charge of managing client's data. Making sure data is secure and in a form that can be easily accessed and used.
