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dlinn [17]
3 years ago
7

Rita is a successful entrepreneur who owns a small coffee shop and serves her customers regular homemade coffee. She recently ex

perimented with a new flavor and distributed free samples to her regular customers. She then sought their feedback on the new flavor. This is an example of ________.
a. brand positioning.
b. test marketing.
c. brand retailing.
d. commercialization.
Business
1 answer:
just olya [345]3 years ago
8 0

Answer:

b. test marketing.

Explanation:

Test marketing is a marketing method that focused for exploring the response of the consumer with respect to the product by making it available on the limited basis prior to release in a bulk. Also the consumer may be or not be aware that is the part of the test group

Since in the given situation, rita experimented the new flavor and distributed it as a free sample

So, it is a test marketing situation

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Sunny_sXe [5.5K]

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The carrying value of the note payable on 12/31/2021 is $95,260

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First, we need to calculate the present value of note

Present value of note = Face value / ( 1 + Interest rate )^numbers of years

Where

Face value = $120,000

Interest rate = 8%

Numbers of years = 5 years

Placing vlaues in the formula

Present value of note = $120,000 / ( 1 + 8% )^5

Present value of note = $81,669.98

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Hence, the carrying value of the note payable on 12/31/2021 is $95,260

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