Answer:
The answer is 3.5
Explanation:
Inventory turnover ratio is:
Cost of goods sold / Total or average inventory
Cost of goods sold is $322,000
Total Inventory in this question comprises work-in- process, finished goods and even raw materials.
So total inventory equals:
Production materials on hand $42,500 Work-in-process inventory $37,000
Finished goods on hand $12,500
Total inventory. $92,000
Therefore, inventory turnover ratio is
$322,000 / $92,000
= 3.5
Answer:
B. Increases in liabilities and stockholders' equity are credited.
Explanation:
As Liabilities and Stockholder's equity have credit balance, so a credit entry will increase their value and debit entry will decrease its balance. On the other hand assets accounts have debit balance, a credit entry will decrease its balance and debit entry will increase it. So the correct option is B. Increases in liabilities and stockholders' equity are credited.
Answer: uses several tools of promotion effectively.
Explanation: In the given case, Mallard ice cream is effectively using the promotional tools of advertising, marketing and branding.
In the given case, dressing a person as an ice cream cone is an example of advertising and marketing, as it is a paid attempt to attract the customers and increase the sales.
The unique and confusing brand title depicts branding as it differentiates the brand from others in the market.
Answer:
FV= $4521.81
Explanation:
Giving the following information:
Your credit card company charges a monthly compound interest rate of 2.5%.
Debt= $2500
n= 24 (monthly)
We need to use the following formula to calculate the final value of this debt.
FV= PV*(1+i)^n
PV= present value
FV= 2500*(1+0.025)^24
FV= $4521.81
Market segmentation is the process of defining a market in divided and segmented groups according to a classification of consumers and their needs so that a company identifies the total demand in segments and choose only those for which it has the capacity to serve. In this process of segmentation, there is the marketing mix that results from the union of the variables and the aggregation that is to group in several segments people and their needs.
