Answer:
This posting should be a minimum of one short paragraph and a maximum of two paragraphs. Word totals for this post should be in the 100–200-word range. Whether you agree or disagree, explain why with supporting evidence and concepts from the readings or a related experience. Include a reference, link, or citation when appropriate.
Answer:
Explanation:
The journal entries are shown below:
a. Treasury stock A/c Dr $156,000 (6,000 shares × $26)
To Cash A/c $156,000
(Being the purchase of treasury stock is recorded)
b. Cash A/c Dr $116,000 (4,000 shares × $29)
To Treasury Stock A/c $10,4000 (4,000 shares × $26)
To Paid in capital - Treasury stock $12,000
(Being treasury stock is sold at higher price and the remaining amount would be credited to the paid in capital account)
c. Cash A/c Dr $44,000 (2,000 shares × $22)
Paid in capital - Treasury stock $8,000
To Treasury Stock A/c $52,000 (2,000 shares × $26)
(Being treasury stock is sold at lower price)
Answer and Explanation:
The indication of the following transactions are as follows in the trail balance
Particulars Debit Credit
a. Overstated Overstated
b. Understated Overstated
c, Overstated No effect
d. Overstated Understated
e. Overstated Understated
These are the effects for each of the given transaction
Answer:
Trialbility; increases
Explanation:
A marketing mix can be defined as the choices based on pricing strategy, product attributes, communication and distribution strategy that a business firm offer to its potential customers and target markets.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc
Hence, trialbility which is the ease with which consumers can sample or use a new product innovation, increases the diffusion rate.
This ultimately implies that, when a business firm avails its customers the opportunity to try out their newly introduced or invented products, it increases the rate at which the product will become accepted in the market.
Multi channel retailing is the term that used above where it is used to describe retailers that uses some combination of stores, catalogs and the internet in order to sell merchandise. They have the ability to use different marketing strategy just to sell their merchandise so that they can reach the people who will want to buy their merchandise.
