Answer:
The correct answer is: C. Personal selling
Explanation:
The personal sale is a tool of the promotional mix or type of sale where a particular seller offers, promotes or sells a product or service to a particular individual consumer directly.
It is based on a personal communication since it goes from one person (the seller) to another person (the potential customer or buyer), unlike for example advertising, which uses impersonal means since it is addressed to several consumers at the same time.
Personal selling is the most effective way to sell a product and to get a satisfied customer with the possibility that he can repeat the purchase or recommend the product or the company to other consumers.
All else held constant, the book value of owners' equity will decrease when DIVIDENDS EXCEED NET INCOME FOR A PERIOD.
In sole proprietorship, owner's equity refers to the value obtained when owner's withdrawal from a business and his net income is subtracted from owner's investment in a business. Owner's equity represent the book value of a company.
<span>Which financing is also known as “risk capital”? Mezzanine loans/financing. These are given out by financial institutions and are considered to be true risk capital because they rely on long term cash flows. Risk capital is also known as venture </span>capital. There is a large amount of risk when a new business starts or is expanding. Companies will use mezzanine loans/financing to finance these projects.
Answer: B
Explanation: A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other restrictive practices. Cartels typically control selling prices, but some are organized to force down the prices of purchased inputs. Antitrust laws attempt to deter or forbid cartels. A single entity that holds a monopoly by this definition cannot be a cartel, though it may be guilty of abusing said monopoly in other ways. Cartels usually arise in oligopolies industries with a small number of sellers and usually involve homogeneous products.
Answer:
$186,500 decrease
Explanation:
The computation of the effect in case when the product V41B is dropped is shown below:
We need to compare the cost between the current profits and the fixed cost incurred which is
Current profits = Sales - Variable costs - Fixed manufacturing expenses - Fixed selling and administrative expenses
= $933,000 - $410,500 - $522,500 - $347,000
= ($347,000)
Now fixed costs incurred is
= ($522,500 - $212,500) + ($347,000 - $123,500)
= $310,000 + $223,500
= $533,500
Since the fixed cost is more than the current profits, so the net operating income would be decreased by
= $533,500 - $347,000
= $186,500