If Philip B decided to formulate a lower-price, lower-quality hair care line, it should sell this new product line at Target and other big-box retailers. This is further explained below.
<h3>What is
retail?</h3>
Generally, retail is simply defined as a trade often known as "consumer sales," which refers to the practice of selling products directly to end-users rather than wholesalers or retailers.
In conclusion, If Philip B were to create a new, lower-priced, lower-quality line of hair care products, it would be well-served to market these goods at Target and other discount department stores.
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Answer:
b. Scope
Explanation:
The scope of a project studies the features of a project. It looks at the opportunities of the project
Answer:
b. A sales discount
Explanation:
Usually, companies gives sales discounts to their customers to encourage them to pay on time for goods purchased by them. The aim is to enable the customers make immediate payment upon purchase of goods instead of buying them on credit.
Most businesses would prefer receiving cash immediately their goods are sold hence create an incentive in the form of sales discounts which is meant to encourage customers make prompt payment.
Answer: $231,000
Explanation:
The budgeted cash receipts in October is:
= (85% * October sales) + (15% * September sales)
= (85% * 225,000) + (15% * 265,000)
= 191,250 + 39,750
= $231,000
Answer:
9.68 percent
Explanation:
Calculation to determine the firm's cost of equity
Using this formula
Cost of equity=[(Annual dividend×Increase in dividends×/Current price of common stock]+Dividends
Let plug in the formula
Cost of equity=[($1.22 × 1.024)/$17.15] + 0.024
Cost of equity=($1.24928/$17.15)+0.024
Cost of equity=0.0728+0.024
Cost of equity=0.0968*100
Cost of equity=9.68 percent
Therefore the firm's cost of equity is 9.68 percent
