Answer:
800,000/600,000=1.33
Profit percentage = 1.33-1=0.33=33%
0.02*800,000=16,000 worth of goods returned
Profit= 0.33*16,000=5280
COGS= 16,000-5280=10,720
Adjusting Entry
Debit Credit
Goods returned 10,720
Profit 5,280
Cash 16,000
Explanation:
Answer:
a. Minimizes the amount of input resources without compromising quality.
Explanation:
Efficiency is when productive resources are measured inorder to achieve goal. Task are performed at its best with the least cost and less energy in measuring efficiency
Effectiveness measures goals completeness selected by managers for the organization. It means doing the right thing as expected of the organization.
For China to be efficient, she must minimize the amount of input resources without compromising quality. An efficient manager must perform a task qualitatively with the available resources, least cost and in the best way possible.
The excel start screen will pop up then from there you can choose to create a workbook a template and access your recent work
Answer: Public Relations
Explanation: The elements of a promotional marketing mix are the resources an organisation engages in its marketing promotion. They are:
Advertising, public relations, sales promotion, direct marketing and personal selling.
The above listed elements have there unique effect on the sales if an organisation.
Advertising is used to create an awareness of the product to the consumer using all forms of advertising such as radio jingle television advert, billboards etc.
Public relations is used to find out the effect of the products in the market and also to get feedbacks from consumer which will enable mgt to plan on ways to correct any issue observed.
Sales promotions are ways of giving to the consumers fee products as rewards for loyalty
Direct marketing is the use of marketing officers that will speak to consumers personally and try convincing them to try the products
Personal selling is the act of selling the products one on one to customers
Answer:
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Explanation:
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